Mark Anthony: 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 Anthony
Largest movements
- Tangible fixed assets +€34,492
up €34,492 (+408.3%), from €8,447 to €42,939
- Receivables within one year +€10,608
up €10,608 (+303.5%), from €3,495 to €14,103
of which Other amounts receivable: +€6,304
- Cash -€8,061
down €8,061 (-41.8%), from €19,288 to €11,227
mainly Investment in fixed assets (net) (-€38,510) and Receivables within one year (-€10,608)
- Stocks and contracts +€2,098
up €2,098 (+23.0%), from €9,113 to €11,211
- Other debts +€19,750
up €19,750 (+90.4%), from €21,859 to €41,609
- Profit (loss) carried forward +€13,122
up €13,122, from -€10,192 to €2,929
- Trade debts +€3,819
up €3,819 (+121.8%), from €3,134 to €6,953
- Tax, wage and social debts +€2,469
up €2,469 (+66.3%), from €3,726 to €6,195
- Gross operating margin +€3,991
up €3,991 (+16.4%), from €24,411 to €28,403
- Staff costs +€3,142
up €3,142 (+643.3%), from €488 to €3,630
- Depreciation +€2,160
up €2,160 (+116.3%), from €1,857 to €4,017
- Taxes +€1,860
up €1,860 (+51.5%), from €3,609 to €5,469
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 | €40,685 | €79,844 | +€39,160 | +96.3% |
| Fixed assets | 21/28 | €8,600 | €43,092 | +€34,492 | +401.1% |
| Tangible fixed assets | 22/27 | €8,447 | €42,939 | +€34,492 | +408.3% |
| Furniture and vehicles | 24 | €8,447 | €42,939 | +€34,492 | +408.3% |
| Financial fixed assets | 28 | €153 | €153 | = | 0.0% |
| Current assets | 29/58 | €32,085 | €36,752 | +€4,667 | +14.5% |
| Stocks and contracts in progress | 3 | €9,113 | €11,211 | +€2,098 | +23.0% |
| Stocks | 30/36 | €9,113 | €11,211 | +€2,098 | +23.0% |
| Amounts receivable within one year | 40/41 | €3,495 | €14,103 | +€10,608 | +303.5% |
| Trade receivables | 40 | €3,210 | €7,515 | +€4,305 | +134.1% |
| Other amounts receivable | 41 | €285 | €6,589 | +€6,304 | +2210.4% |
| Cash at bank and in hand | 54/58 | €19,288 | €11,227 | -€8,061 | -41.8% |
| Deferred charges and accrued income | 490/1 | €189 | €211 | +€22 | +11.7% |
| Total equity and liabilities | 10/49 | €40,685 | €79,844 | +€39,160 | +96.3% |
| Equity | 10/15 | €9,466 | €22,587 | +€13,122 | +138.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,066 | €1,066 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,066 | €1,066 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,066 | €1,066 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,192 | €2,929 | +€13,122 | |
| Amounts payable | 17/49 | €31,219 | €57,257 | +€26,038 | +83.4% |
| Amounts payable after more than one year | 17 | €2,500 | €2,500 | = | 0.0% |
| Financial debts | 170/4 | €2,500 | €2,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €28,719 | €54,757 | +€26,038 | +90.7% |
| Trade debts | 44 | €3,134 | €6,953 | +€3,819 | +121.8% |
| Suppliers | 440/4 | €3,134 | €6,953 | +€3,819 | +121.8% |
| Taxes, remuneration and social security | 45 | €3,726 | €6,195 | +€2,469 | +66.3% |
| Taxes | 450/3 | €3,726 | €6,195 | +€2,469 | +66.3% |
| Other amounts payable | 47/48 | €21,859 | €41,609 | +€19,750 | +90.4% |
| Remuneration, social security and pensions | 62 | €488 | €3,630 | +€3,142 | +643.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,857 | €4,017 | +€2,160 | +116.3% |
| Other operating charges | 640/8 | €1,946 | €2,006 | +€60 | +3.1% |
| Gross operating margin | 9900 | €24,411 | €28,403 | +€3,991 | +16.4% |
| Operating profit (loss) | 9901 | €20,120 | €18,749 | -€1,371 | -6.8% |
| Financial income | 75/76B | €7 | €9 | +€3 | +41.7% |
| Recurring financial income | 75 | €7 | €9 | +€3 | +41.7% |
| Financial charges | 65/66B | €293 | €168 | -€125 | -42.8% |
| Recurring financial charges | 65 | €293 | €168 | -€125 | -42.8% |
| Profit (loss) for the period before taxes | 9903 | €19,833 | €18,591 | -€1,242 | -6.3% |
| Income taxes | 67/77 | €3,609 | €5,469 | +€1,860 | +51.5% |
| Profit (loss) for the period | 9904 | €16,224 | €13,122 | -€3,103 | -19.1% |
| Profit (loss) for the period to be appropriated | 9905 | €16,224 | €13,122 | -€3,103 | -19.1% |
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 6 October 2026 via checked.be.