Marie Walravens: what changed
Marie Walravens
Largest movements
- Receivables within one year +€7,447
up €7,447 (+58.1%), from €12,809 to €20,255
of which Trade receivables: +€9,459
- Intangible fixed assets -€2,857
down €2,857 (-25.0%), from €11,429 to €8,571
- Tangible fixed assets -€957
down €957 (-24.0%), from €3,997 to €3,040
of which Furniture and vehicles: -€776
- Cash +€924
up €924 (+3.7%), from €25,058 to €25,982
mainly Other debts (+€15,000) and Tax, wage and social debts (+€5,628)
- Profit (loss) carried forward -€15,344
down €15,344 (-33.3%), from €46,043 to €30,698
- Other debts +€15,000
new in 2025: €15,000
- Tax, wage and social debts +€5,628
up €5,628 (+504%), from €1,116 to €6,745
- Trade debts -€620
down €620 (-40.7%), from €1,523 to €903
- Gross operating margin +€4,309
up €4,309 (+227%), from €1,894 to €6,204
- Taxes +€833
up €833 (+117%), from €714 to €1,547
- Depreciation +€288
up €288 (+6.5%), from €4,409 to €4,697
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €53,708 | €58,390 | +€4,683 | +8.7% |
| Fixed assets | 21/28 | €15,426 | €11,611 | -€3,815 | -24.7% |
| Intangible fixed assets | 21 | €11,429 | €8,571 | -€2,857 | -25.0% |
| Tangible fixed assets | 22/27 | €3,997 | €3,040 | -€957 | -24.0% |
| Plant, machinery and equipment | 23 | €2,833 | €2,652 | -€181 | -6.4% |
| Furniture and vehicles | 24 | €1,164 | €388 | -€776 | -66.7% |
| Current assets | 29/58 | €38,282 | €46,779 | +€8,497 | +22.2% |
| Amounts receivable within one year | 40/41 | €12,809 | €20,255 | +€7,447 | +58.1% |
| Trade receivables | 40 | €6,830 | €16,290 | +€9,459 | +138% |
| Other amounts receivable | 41 | €5,978 | €3,966 | -€2,013 | -33.7% |
| Cash at bank and in hand | 54/58 | €25,058 | €25,982 | +€924 | +3.7% |
| Deferred charges and accrued income | 490/1 | €416 | €542 | +€127 | +30.5% |
| Total equity and liabilities | 10/49 | €53,708 | €58,390 | +€4,683 | +8.7% |
| Equity | 10/15 | €51,043 | €35,698 | -€15,344 | -30.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €46,043 | €30,698 | -€15,344 | -33.3% |
| Amounts payable | 17/49 | €2,665 | €22,692 | +€20,027 | +751% |
| Amounts payable within one year | 42/48 | €2,665 | €22,692 | +€20,027 | +751% |
| Financial debts | 43 | €26 | €45 | +€19 | +73.0% |
| Credit institutions | 430/8 | €26 | €45 | +€19 | +73.0% |
| Trade debts | 44 | €1,523 | €903 | -€620 | -40.7% |
| Suppliers | 440/4 | €1,523 | €903 | -€620 | -40.7% |
| Taxes, remuneration and social security | 45 | €1,116 | €6,745 | +€5,628 | +504% |
| Taxes | 450/3 | €1,116 | €6,745 | +€5,628 | +504% |
| Other amounts payable | 47/48 | - | €15,000 | +€15,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,409 | €4,697 | +€288 | +6.5% |
| Other operating charges | 640/8 | €256 | €265 | +€9 | +3.4% |
| Gross operating margin | 9900 | €1,894 | €6,204 | +€4,309 | +227% |
| Operating profit (loss) | 9901 | -€2,771 | €1,242 | +€4,013 | |
| Financial income | 75/76B | €0 | €47 | +€47 | +234,850% |
| Recurring financial income | 75 | €0 | €47 | +€47 | +234,850% |
| Financial charges | 65/66B | €109 | €86 | -€23 | -21.4% |
| Recurring financial charges | 65 | €109 | €86 | -€23 | -21.4% |
| Profit (loss) for the period before taxes | 9903 | -€2,880 | €1,203 | +€4,083 | |
| Income taxes | 67/77 | €714 | €1,547 | +€833 | +117% |
| Profit (loss) for the period | 9904 | -€3,594 | -€344 | +€3,250 | +90.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,594 | -€344 | +€3,250 | +90.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.