MarK: what changed
Two fiscal 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.
MarK
Largest movements
- Receivables within one year -€4,528
down €4,528 (-20.2%), from €22,472 to €17,944
of which Other amounts receivable: -€2,331
- Tangible fixed assets -€994
down €994 (-62.5%), from €1,592 to €598
- Deferred charges and accrued income +€711
up €711 (+42.2%), from €1,684 to €2,395
- Cash +€679
up €679 (+25.1%), from €2,710 to €3,390
mainly Receivables within one year (+€4,528) and Trade debts (+€1,049)
- Profit (loss) carried forward -€3,010
down €3,010 (-157.9%), from -€1,907 to -€4,917
- Tax, wage and social debts -€2,107
down €2,107 (-26.7%), from €7,897 to €5,791
of which Remuneration and social security: -€2,200
- Trade debts +€1,049
up €1,049 (+83.9%), from €1,250 to €2,299
- Gross operating margin -€5,081
down €5,081 (-99.2%), from €5,124 to €43
- Taxes -€1,281
down €1,281 (-67.6%), from €1,896 to €615
- Financial charges +€892
up €892 (+306.2%), from €291 to €1,183
- Financial income -€145
down €145 (-19.5%), from €744 to €599
- Other operating charges -€83
down €83 (-8.8%), from €943 to €860
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.
Cash bridge derived
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 | €29,058 | €24,926 | -€4,132 | -14.2% |
| Fixed assets | 21/28 | €2,192 | €1,198 | -€994 | -45.4% |
| Tangible fixed assets | 22/27 | €1,592 | €598 | -€994 | -62.5% |
| Furniture and vehicles | 24 | €1,592 | €598 | -€994 | -62.5% |
| Financial fixed assets | 28 | €600 | €600 | = | 0.0% |
| Current assets | 29/58 | €26,867 | €23,728 | -€3,139 | -11.7% |
| Amounts receivable within one year | 40/41 | €22,472 | €17,944 | -€4,528 | -20.2% |
| Trade receivables | 40 | €9,310 | €7,112 | -€2,198 | -23.6% |
| Other amounts receivable | 41 | €13,163 | €10,832 | -€2,331 | -17.7% |
| Cash at bank and in hand | 54/58 | €2,710 | €3,390 | +€679 | +25.1% |
| Deferred charges and accrued income | 490/1 | €1,684 | €2,395 | +€711 | +42.2% |
| Total equity and liabilities | 10/49 | €29,058 | €24,926 | -€4,132 | -14.2% |
| Equity | 10/15 | €19,846 | €16,836 | -€3,010 | -15.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €15,553 | €15,553 | = | 0.0% |
| Distributable reserves | 133 | €15,553 | €15,553 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,907 | -€4,917 | -€3,010 | -157.9% |
| Amounts payable | 17/49 | €9,212 | €8,090 | -€1,122 | -12.2% |
| Amounts payable within one year | 42/48 | €9,147 | €8,090 | -€1,057 | -11.6% |
| Trade debts | 44 | €1,250 | €2,299 | +€1,049 | +83.9% |
| Suppliers | 440/4 | €1,250 | €2,299 | +€1,049 | +83.9% |
| Taxes, remuneration and social security | 45 | €7,897 | €5,791 | -€2,107 | -26.7% |
| Taxes | 450/3 | €5,697 | €5,791 | +€93 | +1.6% |
| Remuneration and social security | 454/9 | €2,200 | €0 | -€2,200 | -100.0% |
| Accrued charges and deferred income | 492/3 | €65 | €0 | -€65 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €994 | €994 | = | 0.0% |
| Other operating charges | 640/8 | €943 | €860 | -€83 | -8.8% |
| Gross operating margin | 9900 | €5,124 | €43 | -€5,081 | -99.2% |
| Operating profit (loss) | 9901 | €3,187 | -€1,811 | -€4,998 | |
| Financial income | 75/76B | €744 | €599 | -€145 | -19.5% |
| Recurring financial income | 75 | €744 | €599 | -€145 | -19.5% |
| Financial charges | 65/66B | €291 | €1,183 | +€892 | +306.2% |
| Recurring financial charges | 65 | €291 | €1,183 | +€892 | +306.2% |
| Profit (loss) for the period before taxes | 9903 | €3,640 | -€2,395 | -€6,035 | |
| Income taxes | 67/77 | €1,896 | €615 | -€1,281 | -67.6% |
| Profit (loss) for the period | 9904 | €1,744 | -€3,010 | -€4,754 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,744 | -€3,010 | -€4,754 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.