MARKA PARTNERS: 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.
MARKA PARTNERS
Largest movements
- Tangible fixed assets -€7,572
down €7,572 (-4.3%), from €174,737 to €167,165
- Receivables within one year -€6,267
down €6,267 (-31.4%), from €19,986 to €13,720
- Cash -€4,664
down €4,664 (-75.6%), from €6,169 to €1,505
mainly Debts after one year (-€15,429) and Other debts (-€10,150)
- Debts after one year -€15,429
down €15,429 (-18.3%), from €84,513 to €69,084
- Other debts -€10,150
down €10,150 (-31.0%), from €32,743 to €22,593
- Profit (loss) carried forward +€5,532
up €5,532 (+13.2%), from €41,902 to €47,434
- Gross operating margin -€1,713
down €1,713 (-5.0%), from €34,120 to €32,407
- Other operating charges -€445
down €445 (-16.1%), from €2,763 to €2,318
- Depreciation +€399
up €399 (+4.5%), from €8,908 to €9,308
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.
Derived cash bridge
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 | €203,604 | €185,778 | -€17,826 | -8.8% |
| Fixed assets | 21/28 | €176,902 | €170,005 | -€6,897 | -3.9% |
| Tangible fixed assets | 22/27 | €174,737 | €167,165 | -€7,572 | -4.3% |
| Land and buildings | 22 | €174,737 | €167,165 | -€7,572 | -4.3% |
| Financial fixed assets | 28 | €2,166 | €2,840 | +€675 | +31.2% |
| Current assets | 29/58 | €26,701 | €15,773 | -€10,929 | -40.9% |
| Amounts receivable within one year | 40/41 | €19,986 | €13,720 | -€6,267 | -31.4% |
| Trade receivables | 40 | €19,986 | €13,720 | -€6,267 | -31.4% |
| Cash at bank and in hand | 54/58 | €6,169 | €1,505 | -€4,664 | -75.6% |
| Deferred charges and accrued income | 490/1 | €546 | €548 | +€1 | +0.2% |
| Total equity and liabilities | 10/49 | €203,604 | €185,778 | -€17,826 | -8.8% |
| Equity | 10/15 | €62,362 | €67,894 | +€5,532 | +8.9% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | €41,902 | €47,434 | +€5,532 | +13.2% |
| Amounts payable | 17/49 | €141,242 | €117,884 | -€23,357 | -16.5% |
| Amounts payable after more than one year | 17 | €84,513 | €69,084 | -€15,429 | -18.3% |
| Financial debts | 170/4 | €84,513 | €69,084 | -€15,429 | -18.3% |
| Amounts payable within one year | 42/48 | €56,729 | €48,800 | -€7,928 | -14.0% |
| Current portion of amounts payable after more than one year | 42 | €15,127 | €15,429 | +€302 | +2.0% |
| Trade debts | 44 | €1,175 | €1,488 | +€313 | +26.6% |
| Suppliers | 440/4 | €1,175 | €1,488 | +€313 | +26.6% |
| Taxes, remuneration and social security | 45 | €7,683 | €9,290 | +€1,607 | +20.9% |
| Taxes | 450/3 | €7,683 | €9,290 | +€1,607 | +20.9% |
| Other amounts payable | 47/48 | €32,743 | €22,593 | -€10,150 | -31.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,908 | €9,308 | +€399 | +4.5% |
| Other operating charges | 640/8 | €2,763 | €2,318 | -€445 | -16.1% |
| Gross operating margin | 9900 | €34,120 | €32,407 | -€1,713 | -5.0% |
| Operating profit (loss) | 9901 | €22,449 | €20,782 | -€1,667 | -7.4% |
| Financial charges | 65/66B | €2,489 | €2,193 | -€296 | -11.9% |
| Recurring financial charges | 65 | €2,489 | €2,193 | -€296 | -11.9% |
| Profit (loss) for the period before taxes | 9903 | €19,960 | €18,589 | -€1,371 | -6.9% |
| Income taxes | 67/77 | €5,323 | €5,057 | -€266 | -5.0% |
| Profit (loss) for the period | 9904 | €14,637 | €13,532 | -€1,105 | -7.5% |
| Profit (loss) for the period to be appropriated | 9905 | €14,637 | €13,532 | -€1,105 | -7.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.