Marijn De Belie: what changed
What changed
Marijn De Belie
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
€74,986
2024 · €72,246+€2,739
Equity
€235,792
2024 · €160,806+€74,986
Cash
€214,946
2024 · €160,210+€54,736
Balance sheet total
€264,740
2024 · €192,717+€72,023
Largest movements
Assets
- Cash +€54,736
up €54,736 (+34.2%), from €160,210 to €214,946
mainly Net result for the year (+€74,986) and Depreciation (+€2,328)
- Deferred charges and accrued income +€17,537
new in 2025: €17,537
Equity and liabilities
- Reserves +€74,986
up €74,986 (+51.4%), from €145,806 to €220,792
Income statement
- Gross operating margin +€5,398
up €5,398 (+5.8%), from €93,465 to €98,863
- Depreciation +€2,134
up €2,134 (+1,100%), from €194 to €2,328
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.
Result 2024
€72,246
Gross operating margin
+€5,398
Depreciation
-€2,134
Other operating charges
+€60
Financial charges
-€254
Taxes
-€330
Result 2025
€74,986
raises the resultlowers the result
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.
From operations
+€54,736
Investment
€0
Financing
€0
Cash 2024
€160,210
From operations (derived)
+€54,736
Net result for the year
+€74,986
Depreciation
+€2,328
Receivables within one year
-€2,078
Deferred charges and accrued income
-€17,537
Trade debts
+€276
Tax, wage and social debts
-€864
Other debts
-€2,375
Cash 2025
€214,946
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €192,717 | €264,740 | +€72,023 | +37.4% |
| Fixed assets | 21/28 | €11,447 | €9,119 | -€2,328 | -20.3% |
| Tangible fixed assets | 22/27 | €11,447 | €9,119 | -€2,328 | -20.3% |
| Other tangible fixed assets | 26 | €11,447 | €9,119 | -€2,328 | -20.3% |
| Current assets | 29/58 | €181,269 | €255,621 | +€74,351 | +41.0% |
| Amounts receivable within one year | 40/41 | €21,059 | €23,137 | +€2,078 | +9.9% |
| Trade receivables | 40 | €21,059 | €23,137 | +€2,078 | +9.9% |
| Cash at bank and in hand | 54/58 | €160,210 | €214,946 | +€54,736 | +34.2% |
| Deferred charges and accrued income | 490/1 | - | €17,537 | +€17,537 | |
| Total equity and liabilities | 10/49 | €192,717 | €264,740 | +€72,023 | +37.4% |
| Equity | 10/15 | €160,806 | €235,792 | +€74,986 | +46.6% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €145,806 | €220,792 | +€74,986 | +51.4% |
| Distributable reserves | 133 | €145,806 | €220,792 | +€74,986 | +51.4% |
| Amounts payable | 17/49 | €31,911 | €28,948 | -€2,963 | -9.3% |
| Amounts payable within one year | 42/48 | €31,911 | €28,948 | -€2,963 | -9.3% |
| Trade debts | 44 | €668 | €944 | +€276 | +41.3% |
| Suppliers | 440/4 | €668 | €944 | +€276 | +41.3% |
| Taxes, remuneration and social security | 45 | €27,416 | €26,553 | -€864 | -3.2% |
| Taxes | 450/3 | €27,416 | €26,553 | -€864 | -3.2% |
| Other amounts payable | 47/48 | €3,826 | €1,451 | -€2,375 | -62.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €194 | €2,328 | +€2,134 | +1,100% |
| Other operating charges | 640/8 | €513 | €453 | -€60 | -11.7% |
| Gross operating margin | 9900 | €93,465 | €98,863 | +€5,398 | +5.8% |
| Operating profit (loss) | 9901 | €92,758 | €96,081 | +€3,323 | +3.6% |
| Financial charges | 65/66B | €597 | €851 | +€254 | +42.4% |
| Recurring financial charges | 65 | €597 | €851 | +€254 | +42.4% |
| Profit (loss) for the period before taxes | 9903 | €92,161 | €95,231 | +€3,070 | +3.3% |
| Income taxes | 67/77 | €19,914 | €20,245 | +€330 | +1.7% |
| Profit (loss) for the period | 9904 | €72,246 | €74,986 | +€2,739 | +3.8% |
| Profit (loss) for the period to be appropriated | 9905 | €72,246 | €74,986 | +€2,739 | +3.8% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.