Marijke Weckx: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
Marijke Weckx
Largest movements
- Cash +€136,684
up €136,684 (+18.2%), from €751,742 to €888,427
mainly Net result for the year (+€100,903) and Trade debts (+€21,140)
- Reserves +€100,903
up €100,903 (+13.1%), from €768,558 to €869,461
- Financial income +€21,789
up €21,789 (+309%), from €7,062 to €28,852
- Gross operating margin -€14,817
down €14,817 (-9.6%), from €154,134 to €139,316
- Depreciation +€1,843
up €1,843 (+10.9%), from €16,898 to €18,742
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,175,331 | €4,302,611 | +€127,280 | +3.0% |
| Fixed assets | 21/28 | €1,866,811 | €1,848,069 | -€18,742 | -1.0% |
| Tangible fixed assets | 22/27 | €76,811 | €58,069 | -€18,742 | -24.4% |
| Furniture and vehicles | 24 | €76,811 | €58,069 | -€18,742 | -24.4% |
| Financial fixed assets | 28 | €1,790,000 | €1,790,000 | = | 0.0% |
| Current assets | 29/58 | €2,308,520 | €2,454,542 | +€146,022 | +6.3% |
| Amounts receivable within one year | 40/41 | €39,598 | €32,707 | -€6,891 | -17.4% |
| Trade receivables | 40 | €37,964 | €24,902 | -€13,062 | -34.4% |
| Other amounts receivable | 41 | €1,634 | €7,805 | +€6,171 | +378% |
| Current investments | 50/53 | €1,516,981 | €1,533,194 | +€16,213 | +1.1% |
| Cash at bank and in hand | 54/58 | €751,742 | €888,427 | +€136,684 | +18.2% |
| Deferred charges and accrued income | 490/1 | €198 | €214 | +€16 | +8.1% |
| Total equity and liabilities | 10/49 | €4,175,331 | €4,302,611 | +€127,280 | +3.0% |
| Equity | 10/15 | €4,155,682 | €4,256,584 | +€100,903 | +2.4% |
| Contributions | 10/11 | €1,790,000 | €1,790,000 | = | 0.0% |
| Reserves | 13 | €768,558 | €869,461 | +€100,903 | +13.1% |
| Distributable reserves | 133 | €768,558 | €869,461 | +€100,903 | +13.1% |
| Profit (loss) carried forward | 14 | €1,597,124 | €1,597,124 | = | 0.0% |
| Amounts payable | 17/49 | €19,649 | €46,027 | +€26,378 | +134% |
| Amounts payable within one year | 42/48 | €19,649 | €46,027 | +€26,378 | +134% |
| Trade debts | 44 | €1,177 | €22,317 | +€21,140 | +1,796% |
| Suppliers | 440/4 | €1,177 | €22,317 | +€21,140 | +1,796% |
| Taxes, remuneration and social security | 45 | €4,679 | €9,167 | +€4,488 | +95.9% |
| Taxes | 450/3 | €17 | €4,474 | +€4,457 | +26,483% |
| Remuneration and social security | 454/9 | €4,662 | €4,693 | +€31 | +0.7% |
| Other amounts payable | 47/48 | €13,793 | €14,543 | +€750 | +5.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,898 | €18,742 | +€1,843 | +10.9% |
| Other operating charges | 640/8 | €4,352 | €4,302 | -€50 | -1.2% |
| Gross operating margin | 9900 | €154,134 | €139,316 | -€14,817 | -9.6% |
| Operating profit (loss) | 9901 | €132,883 | €116,273 | -€16,610 | -12.5% |
| Financial income | 75/76B | €7,062 | €28,852 | +€21,789 | +309% |
| Recurring financial income | 75 | €7,062 | €28,852 | +€21,789 | +309% |
| Financial charges | 65/66B | €226 | €291 | +€66 | +29.1% |
| Recurring financial charges | 65 | €226 | €291 | +€66 | +29.1% |
| Profit (loss) for the period before taxes | 9903 | €139,720 | €144,833 | +€5,113 | +3.7% |
| Income taxes | 67/77 | €43,987 | €43,930 | -€57 | -0.1% |
| Profit (loss) for the period | 9904 | €95,732 | €100,903 | +€5,170 | +5.4% |
| Profit (loss) for the period to be appropriated | 9905 | €95,732 | €100,903 | +€5,170 | +5.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.