Mark' it: 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' it
Largest movements
- Tangible fixed assets -€24,001
down €24,001 (-39.8%), from €60,335 to €36,334
of which Furniture and vehicles: -€23,121
- Receivables within one year -€19,897
down €19,897 (-47.0%), from €42,320 to €22,423
of which Trade receivables: -€20,939
- Cash -€4,875
down €4,875 (-19.2%), from €25,357 to €20,482
mainly Net result for the year (-€19,316) and Debts after one year (-€14,704)
- Deferred charges and accrued income -€3,336
down €3,336 (-89.8%), from €3,713 to €377
- Reserves -€19,500
down €19,500 (-18.8%), from €103,500 to €84,000
- Debts after one year -€14,704
down €14,704 (-100.0%), from €14,704 to €0
- Tax, wage and social debts -€9,868
down €9,868 (-94.3%), from €10,460 to €591
- Current portion of long-term debt -€5,701
down €5,701 (-100.0%), from €5,701 to €0
- Trade debts -€2,485
down €2,485 (-17.0%), from €14,658 to €12,173
- Gross operating margin -€52,674
down €52,674, from €43,299 to -€9,375
- Depreciation -€6,643
down €6,643 (-74.7%), from €8,897 to €2,254
- Other operating charges +€5,562
up €5,562 (+292.4%), from €1,902 to €7,464
- Taxes -€4,118
down €4,118 (-97.4%), from €4,226 to €108
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 | €167,785 | €115,676 | -€52,109 | -31.1% |
| Fixed assets | 21/28 | €61,395 | €37,394 | -€24,001 | -39.1% |
| Tangible fixed assets | 22/27 | €60,335 | €36,334 | -€24,001 | -39.8% |
| Land and buildings | 22 | €32,221 | €31,420 | -€801 | -2.5% |
| Plant, machinery and equipment | 23 | €1,252 | €1,173 | -€79 | -6.3% |
| Furniture and vehicles | 24 | €26,861 | €3,741 | -€23,121 | -86.1% |
| Financial fixed assets | 28 | €1,060 | €1,060 | = | 0.0% |
| Current assets | 29/58 | €106,391 | €78,283 | -€28,108 | -26.4% |
| Amounts receivable after more than one year | 29 | €35,000 | €35,000 | = | 0.0% |
| Other amounts receivable | 291 | €35,000 | €35,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €42,320 | €22,423 | -€19,897 | -47.0% |
| Trade receivables | 40 | €33,029 | €12,090 | -€20,939 | -63.4% |
| Other amounts receivable | 41 | €9,291 | €10,333 | +€1,042 | +11.2% |
| Cash at bank and in hand | 54/58 | €25,357 | €20,482 | -€4,875 | -19.2% |
| Deferred charges and accrued income | 490/1 | €3,713 | €377 | -€3,336 | -89.8% |
| Total equity and liabilities | 10/49 | €167,785 | €115,676 | -€52,109 | -31.1% |
| Equity | 10/15 | €122,228 | €102,912 | -€19,316 | -15.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €103,500 | €84,000 | -€19,500 | -18.8% |
| Distributable reserves | 133 | €103,500 | €84,000 | -€19,500 | -18.8% |
| Profit (loss) carried forward | 14 | €128 | €312 | +€184 | +144.0% |
| Amounts payable | 17/49 | €45,557 | €12,764 | -€32,793 | -72.0% |
| Amounts payable after more than one year | 17 | €14,704 | €0 | -€14,704 | -100.0% |
| Financial debts | 170/4 | €14,704 | €0 | -€14,704 | -100.0% |
| Amounts payable within one year | 42/48 | €30,818 | €12,764 | -€18,054 | -58.6% |
| Current portion of amounts payable after more than one year | 42 | €5,701 | €0 | -€5,701 | -100.0% |
| Trade debts | 44 | €14,658 | €12,173 | -€2,485 | -17.0% |
| Suppliers | 440/4 | €14,658 | €12,173 | -€2,485 | -17.0% |
| Taxes, remuneration and social security | 45 | €10,460 | €591 | -€9,868 | -94.3% |
| Taxes | 450/3 | €10,460 | €591 | -€9,868 | -94.3% |
| Accrued charges and deferred income | 492/3 | €36 | €0 | -€36 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,897 | €2,254 | -€6,643 | -74.7% |
| Other operating charges | 640/8 | €1,902 | €7,464 | +€5,562 | +292.4% |
| Gross operating margin | 9900 | €43,299 | -€9,375 | -€52,674 | |
| Operating profit (loss) | 9901 | €32,500 | -€19,093 | -€51,593 | |
| Financial income | 75/76B | €690 | €1,028 | +€338 | +49.1% |
| Recurring financial income | 75 | €690 | €1,028 | +€338 | +49.1% |
| Financial charges | 65/66B | €1,161 | €1,142 | -€18 | -1.6% |
| Recurring financial charges | 65 | €1,161 | €1,142 | -€18 | -1.6% |
| Profit (loss) for the period before taxes | 9903 | €32,029 | -€19,208 | -€51,236 | |
| Income taxes | 67/77 | €4,226 | €108 | -€4,118 | -97.4% |
| Profit (loss) for the period | 9904 | €27,803 | -€19,316 | -€47,118 | |
| Profit (loss) for the period to be appropriated | 9905 | €27,803 | -€19,316 | -€47,118 |
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 8 October 2026 via checked.be.