Markanne: 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.
Markanne
Largest movements
- Cash -€35,678
down €35,678 (-39.3%), from €90,740 to €55,062
mainly Net result for the year (-€45,823) and Tax, wage and social debts (-€21,593)
- Tangible fixed assets -€19,189
no longer reported in 2024 (was €19,189)
of which Land and buildings: -€12,704
- Deferred charges and accrued income -€14,000
no longer reported in 2024 (was €14,000)
- Profit (loss) carried forward -€45,823
down €45,823 (-59.4%), from -€77,172 to -€122,995
- Tax, wage and social debts -€21,593
no longer reported in 2024 (was €21,593)
- Gross operating margin -€26,248
down €26,248, from €7,392 to -€18,856
- Depreciation +€12,145
up €12,145 (+172.5%), from €7,043 to €19,188
- Taxes +€3,124
up €3,124 (+632.1%), from €494 to €3,618
- Financial charges +€911
up €911 (+119.0%), from €766 to €1,677
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €256,897 | €188,030 | -€68,867 | -26.8% |
| Fixed assets | 21/28 | €19,189 | €0 | -€19,189 | -100.0% |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | €19,189 | - | -€19,189 | |
| Land and buildings | 22 | €12,704 | - | -€12,704 | |
| Furniture and vehicles | 24 | €6,485 | - | -€6,485 | |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €237,709 | €188,030 | -€49,679 | -20.9% |
| Amounts receivable within one year | 40/41 | €5,655 | €5,655 | -€0 | 0.0% |
| Other amounts receivable | 41 | €5,655 | €5,655 | -€0 | 0.0% |
| Current investments | 50/53 | €127,313 | €127,313 | -€0 | 0.0% |
| Cash at bank and in hand | 54/58 | €90,740 | €55,062 | -€35,678 | -39.3% |
| Deferred charges and accrued income | 490/1 | €14,000 | - | -€14,000 | |
| Total equity and liabilities | 10/49 | €256,897 | €188,030 | -€68,867 | -26.8% |
| Equity | 10/15 | €233,853 | €188,030 | -€45,823 | -19.6% |
| Contributions | 10/11 | €282,750 | €282,750 | = | 0.0% |
| Capital | 10 | €282,750 | €282,750 | = | 0.0% |
| Issued capital | 100 | €282,750 | €282,750 | = | 0.0% |
| Reserves | 13 | €28,275 | €28,275 | = | 0.0% |
| Non-distributable reserves | 130/1 | €28,275 | €28,275 | = | 0.0% |
| Legal reserve | 130 | €28,275 | €28,275 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€77,172 | -€122,995 | -€45,823 | -59.4% |
| Amounts payable | 17/49 | €23,045 | - | -€23,045 | |
| Amounts payable within one year | 42/48 | €23,045 | - | -€23,045 | |
| Trade debts | 44 | €1,452 | - | -€1,452 | |
| Suppliers | 440/4 | €1,452 | - | -€1,452 | |
| Taxes, remuneration and social security | 45 | €21,593 | - | -€21,593 | |
| Taxes | 450/3 | €21,593 | - | -€21,593 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,043 | €19,188 | +€12,145 | +172.5% |
| Other operating charges | 640/8 | €3,583 | €3,754 | +€171 | +4.8% |
| Gross operating margin | 9900 | €7,392 | -€18,856 | -€26,248 | |
| Operating profit (loss) | 9901 | -€3,234 | -€41,798 | -€38,564 | -1192.5% |
| Financial income | 75/76B | €1,189 | €1,270 | +€81 | +6.8% |
| Recurring financial income | 75 | €1,189 | €1,270 | +€81 | +6.8% |
| Financial charges | 65/66B | €766 | €1,677 | +€911 | +119.0% |
| Recurring financial charges | 65 | €766 | €1,677 | +€911 | +119.0% |
| Profit (loss) for the period before taxes | 9903 | -€2,811 | -€42,205 | -€39,394 | -1401.6% |
| Income taxes | 67/77 | €494 | €3,618 | +€3,124 | +632.1% |
| Profit (loss) for the period | 9904 | -€3,305 | -€45,823 | -€42,518 | -1286.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,305 | -€45,823 | -€42,518 | -1286.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 October 2023 and 31 October 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.