MARK-A-THING: 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.
MARK-A-THING
Largest movements
- Tangible fixed assets -€33,648
down €33,648 (-4.2%), from €809,472 to €775,823
of which Land and buildings: -€32,611
- Deferred charges and accrued income -€18,481
down €18,481 (-80.7%), from €22,891 to €4,410
- Trade debts -€60,592
down €60,592 (-74.3%), from €81,508 to €20,916
- Debts after one year -€42,529
down €42,529 (-4.4%), from €973,496 to €930,967
of which Financial debts: -€78,279
- Other debts +€15,709
up €15,709 (+10.1%), from €155,600 to €171,308
- Gross operating margin +€38,063
up €38,063 (+62.9%), from €60,491 to €98,554
- Financial income -€24,980
down €24,980 (-97.2%), from €25,711 to €731
- Taxes +€3,710
up €3,710 (+221.0%), from €1,679 to €5,389
- Financial charges -€2,975
down €2,975 (-7.0%), from €42,609 to €39,633
- Depreciation +€1,327
up €1,327 (+3.4%), from €39,221 to €40,548
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 | €1,400,904 | €1,343,680 | -€57,224 | -4.1% |
| Fixed assets | 21/28 | €1,224,472 | €1,190,823 | -€33,648 | -2.7% |
| Tangible fixed assets | 22/27 | €809,472 | €775,823 | -€33,648 | -4.2% |
| Land and buildings | 22 | €806,510 | €773,898 | -€32,611 | -4.0% |
| Plant, machinery and equipment | 23 | €2,962 | €1,925 | -€1,037 | -35.0% |
| Financial fixed assets | 28 | €415,000 | €415,000 | = | 0.0% |
| Current assets | 29/58 | €176,432 | €152,856 | -€23,576 | -13.4% |
| Amounts receivable after more than one year | 29 | €100,000 | €100,000 | = | 0.0% |
| Other amounts receivable | 291 | €100,000 | €100,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €14,915 | €11,955 | -€2,960 | -19.8% |
| Trade receivables | 40 | €14,879 | €11,955 | -€2,923 | -19.6% |
| Other amounts receivable | 41 | €37 | €0 | -€37 | -100.0% |
| Current investments | 50/53 | €21,560 | €24,796 | +€3,236 | +15.0% |
| Cash at bank and in hand | 54/58 | €17,067 | €11,695 | -€5,372 | -31.5% |
| Deferred charges and accrued income | 490/1 | €22,891 | €4,410 | -€18,481 | -80.7% |
| Total equity and liabilities | 10/49 | €1,400,904 | €1,343,680 | -€57,224 | -4.1% |
| Equity | 10/15 | €65,206 | €73,205 | +€8,000 | +12.3% |
| Contributions | 10/11 | €21,000 | €21,000 | = | 0.0% |
| Reserves | 13 | €61,650 | €61,650 | = | 0.0% |
| Distributable reserves | 133 | €61,650 | €61,650 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,444 | -€9,445 | +€8,000 | +45.9% |
| Amounts payable | 17/49 | €1,335,698 | €1,270,474 | -€65,224 | -4.9% |
| Amounts payable after more than one year | 17 | €973,496 | €930,967 | -€42,529 | -4.4% |
| Financial debts | 170/4 | €586,156 | €507,877 | -€78,279 | -13.4% |
| Other amounts payable | 178/9 | €387,340 | €423,090 | +€35,750 | +9.2% |
| Amounts payable within one year | 42/48 | €316,134 | €282,664 | -€33,470 | -10.6% |
| Current portion of amounts payable after more than one year | 42 | €66,356 | €78,074 | +€11,718 | +17.7% |
| Trade debts | 44 | €81,508 | €20,916 | -€60,592 | -74.3% |
| Suppliers | 440/4 | €81,508 | €20,916 | -€60,592 | -74.3% |
| Taxes, remuneration and social security | 45 | €12,671 | €12,366 | -€305 | -2.4% |
| Taxes | 450/3 | €11,321 | €11,016 | -€305 | -2.7% |
| Remuneration and social security | 454/9 | €1,350 | €1,350 | = | 0.0% |
| Other amounts payable | 47/48 | €155,600 | €171,308 | +€15,709 | +10.1% |
| Accrued charges and deferred income | 492/3 | €46,068 | €56,842 | +€10,774 | +23.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,221 | €40,548 | +€1,327 | +3.4% |
| Other operating charges | 640/8 | €5,542 | €5,715 | +€172 | +3.1% |
| Gross operating margin | 9900 | €60,491 | €98,554 | +€38,063 | +62.9% |
| Operating profit (loss) | 9901 | €15,727 | €52,291 | +€36,564 | +232.5% |
| Financial income | 75/76B | €25,711 | €731 | -€24,980 | -97.2% |
| Recurring financial income | 75 | €25,711 | €731 | -€24,980 | -97.2% |
| Financial charges | 65/66B | €42,609 | €39,633 | -€2,975 | -7.0% |
| Recurring financial charges | 65 | €42,609 | €39,633 | -€2,975 | -7.0% |
| Profit (loss) for the period before taxes | 9903 | -€1,171 | €13,389 | +€14,559 | |
| Income taxes | 67/77 | €1,679 | €5,389 | +€3,710 | +221.0% |
| Profit (loss) for the period | 9904 | -€2,850 | €8,000 | +€10,850 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,850 | €8,000 | +€10,850 |
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 10 October 2026 via checked.be.