MARILYN VERAART: 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.
MARILYN VERAART
Largest movements
- Cash +€30,612
up €30,612 (+306%), from €9,994 to €40,606
mainly Net result for the year (+€25,513) and Tax, wage and social debts (+€6,381)
- Receivables within one year +€2,101
up €2,101 (+48.9%), from €4,298 to €6,399
of which Trade receivables: +€1,683
- Tangible fixed assets -€604
down €604 (-41.9%), from €1,443 to €839
- Profit (loss) carried forward +€25,513
up €25,513 (+366%), from €6,976 to €32,489
- Tax, wage and social debts +€6,381
up €6,381 (+272%), from €2,343 to €8,724
- Turnover -€30,791
no longer reported in 2025 (was €30,791)
- Gross operating margin +€22,808
up €22,808 (+185%), from €12,348 to €35,156
- Purchases and services -€18,443
no longer reported in 2025 (was €18,443)
- Taxes +€6,381
up €6,381 (+272%), from €2,343 to €8,724
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 | €15,736 | €47,844 | +€32,109 | +204% |
| Fixed assets | 21/28 | €1,443 | €839 | -€604 | -41.9% |
| Tangible fixed assets | 22/27 | €1,443 | €839 | -€604 | -41.9% |
| Plant, machinery and equipment | 23 | €1,443 | €839 | -€604 | -41.9% |
| Current assets | 29/58 | €14,292 | €47,005 | +€32,713 | +229% |
| Amounts receivable within one year | 40/41 | €4,298 | €6,399 | +€2,101 | +48.9% |
| Trade receivables | 40 | €4,298 | €5,981 | +€1,683 | +39.2% |
| Other amounts receivable | 41 | - | €418 | +€418 | |
| Cash at bank and in hand | 54/58 | €9,994 | €40,606 | +€30,612 | +306% |
| Total equity and liabilities | 10/49 | €15,736 | €47,844 | +€32,109 | +204% |
| Equity | 10/15 | €9,476 | €34,989 | +€25,513 | +269% |
| Reserves | 13 | €2,500 | €2,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,976 | €32,489 | +€25,513 | +366% |
| Amounts payable | 17/49 | €6,260 | €12,856 | +€6,596 | +105% |
| Amounts payable within one year | 42/48 | €6,260 | €12,856 | +€6,596 | +105% |
| Trade debts | 44 | €88 | - | -€88 | |
| Suppliers | 440/4 | €88 | - | -€88 | |
| Taxes, remuneration and social security | 45 | €2,343 | €8,724 | +€6,381 | +272% |
| Taxes | 450/3 | €2,343 | €8,724 | +€6,381 | +272% |
| Other amounts payable | 47/48 | €3,829 | €4,131 | +€303 | +7.9% |
| Turnover | 70 | €30,791 | - | -€30,791 | |
| Goods, raw materials, services and sundry goods | 60/61 | €18,443 | - | -€18,443 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €370 | €604 | +€234 | +63.4% |
| Other operating charges | 640/8 | €64 | €269 | +€206 | +322% |
| Gross operating margin | 9900 | €12,348 | €35,156 | +€22,808 | +185% |
| Operating profit (loss) | 9901 | €11,915 | €34,283 | +€22,368 | +188% |
| Financial charges | 65/66B | €156 | €45 | -€111 | -71.1% |
| Recurring financial charges | 65 | €156 | €45 | -€111 | -71.1% |
| Profit (loss) for the period before taxes | 9903 | €11,759 | €34,237 | +€22,479 | +191% |
| Income taxes | 67/77 | €2,343 | €8,724 | +€6,381 | +272% |
| Profit (loss) for the period | 9904 | €9,416 | €25,513 | +€16,098 | +171% |
| Profit (loss) for the period to be appropriated | 9905 | €9,416 | €25,513 | +€16,098 | +171% |
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 31 October 2026 via checked.be.