Marine KATZ: what changed
Marine KATZ
Largest movements
- Cash +€3,251
up €3,251 (+806%), from €404 to €3,655
mainly Net result for the year (+€2,096) and Trade debts (+€1,298)
- Receivables within one year -€174
down €174 (-1.5%), from €11,730 to €11,556
of which Trade receivables: -€420
- Profit (loss) carried forward +€2,096
up €2,096 (+12.0%), from -€17,529 to -€15,433
- Trade debts +€1,298
up €1,298 (+237%), from €547 to €1,845
- Tax, wage and social debts -€316
no longer reported in 2025 (was €316)
- Gross operating margin +€919
up €919 (+53.1%), from €1,731 to €2,651
- Taxes -€49
down €49 (-54.6%), from €90 to €41
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 | €12,134 | €15,211 | +€3,078 | +25.4% |
| Current assets | 29/58 | €12,134 | €15,211 | +€3,078 | +25.4% |
| Amounts receivable within one year | 40/41 | €11,730 | €11,556 | -€174 | -1.5% |
| Trade receivables | 40 | €11,730 | €11,310 | -€420 | -3.6% |
| Other amounts receivable | 41 | - | €246 | +€246 | |
| Cash at bank and in hand | 54/58 | €404 | €3,655 | +€3,251 | +806% |
| Total equity and liabilities | 10/49 | €12,134 | €15,211 | +€3,078 | +25.4% |
| Equity | 10/15 | €1,071 | €3,167 | +€2,096 | +196% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,529 | -€15,433 | +€2,096 | +12.0% |
| Amounts payable | 17/49 | €11,063 | €12,045 | +€982 | +8.9% |
| Amounts payable within one year | 42/48 | €11,063 | €12,045 | +€982 | +8.9% |
| Trade debts | 44 | €547 | €1,845 | +€1,298 | +237% |
| Suppliers | 440/4 | €547 | €1,845 | +€1,298 | +237% |
| Taxes, remuneration and social security | 45 | €316 | - | -€316 | |
| Taxes | 450/3 | €316 | - | -€316 | |
| Other amounts payable | 47/48 | €10,199 | €10,199 | = | 0.0% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €1,731 | €2,651 | +€919 | +53.1% |
| Operating profit (loss) | 9901 | €1,344 | €2,251 | +€907 | +67.5% |
| Financial charges | 65/66B | €114 | €114 | -€0 | -0.1% |
| Recurring financial charges | 65 | €114 | €114 | -€0 | -0.1% |
| Profit (loss) for the period before taxes | 9903 | €1,230 | €2,137 | +€907 | +73.7% |
| Income taxes | 67/77 | €90 | €41 | -€49 | -54.6% |
| Profit (loss) for the period | 9904 | €1,140 | €2,096 | +€956 | +83.9% |
| Profit (loss) for the period to be appropriated | 9905 | €1,140 | €2,096 | +€956 | +83.9% |
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 2 November 2026 via checked.be.