MARKANT: 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.
MARKANT
Largest movements
- Cash +€34,402
up €34,402 (+196.3%), from €17,522 to €51,924
mainly Net result for the year (+€10,614) and Tax, wage and social debts (+€8,330)
- Stocks and contracts -€6,351
down €6,351 (-47.2%), from €13,466 to €7,115
- Profit (loss) carried forward +€10,614
up €10,614 (+56.3%), from €18,867 to €29,481
- Tax, wage and social debts +€8,330
up €8,330 (+100.3%), from €8,309 to €16,639
- Other debts +€4,334
up €4,334 (+809.9%), from €535 to €4,869
- Trade debts +€3,945
up €3,945 (+69.0%), from €5,719 to €9,663
- Gross operating margin +€9,127
up €9,127 (+110.9%), from €8,233 to €17,360
- Taxes +€2,674
up €2,674 (+105.2%), from €2,542 to €5,216
- Financial income +€1,134
up €1,134 (+1247.4%), from €91 to €1,225
- Financial charges +€995
up €995 (+177.4%), from €561 to €1,556
- Other operating charges -€695
down €695 (-43.6%), from €1,593 to €898
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 | €36,429 | €63,652 | +€27,223 | +74.7% |
| Fixed assets | 21/28 | €1,338 | €1,038 | -€300 | -22.4% |
| Intangible fixed assets | 21 | €1,338 | €1,038 | -€300 | -22.4% |
| Current assets | 29/58 | €35,092 | €62,615 | +€27,523 | +78.4% |
| Stocks and contracts in progress | 3 | €13,466 | €7,115 | -€6,351 | -47.2% |
| Stocks | 30/36 | €13,466 | €7,115 | -€6,351 | -47.2% |
| Amounts receivable within one year | 40/41 | €1,200 | €1,200 | = | 0.0% |
| Other amounts receivable | 41 | €1,200 | €1,200 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €17,522 | €51,924 | +€34,402 | +196.3% |
| Deferred charges and accrued income | 490/1 | €2,904 | €2,375 | -€528 | -18.2% |
| Total equity and liabilities | 10/49 | €36,429 | €63,652 | +€27,223 | +74.7% |
| Equity | 10/15 | €21,867 | €32,481 | +€10,614 | +48.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,867 | €29,481 | +€10,614 | +56.3% |
| Amounts payable | 17/49 | €14,563 | €31,172 | +€16,609 | +114.1% |
| Amounts payable within one year | 42/48 | €14,563 | €31,172 | +€16,609 | +114.1% |
| Trade debts | 44 | €5,719 | €9,663 | +€3,945 | +69.0% |
| Suppliers | 440/4 | €5,719 | €9,663 | +€3,945 | +69.0% |
| Taxes, remuneration and social security | 45 | €8,309 | €16,639 | +€8,330 | +100.3% |
| Taxes | 450/3 | €8,309 | €16,639 | +€8,330 | +100.3% |
| Other amounts payable | 47/48 | €535 | €4,869 | +€4,334 | +809.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €162 | €300 | +€138 | +84.8% |
| Other operating charges | 640/8 | €1,593 | €898 | -€695 | -43.6% |
| Gross operating margin | 9900 | €8,233 | €17,360 | +€9,127 | +110.9% |
| Operating profit (loss) | 9901 | €6,478 | €16,162 | +€9,684 | +149.5% |
| Financial income | 75/76B | €91 | €1,225 | +€1,134 | +1247.4% |
| Recurring financial income | 75 | €91 | €1,225 | +€1,134 | +1247.4% |
| Financial charges | 65/66B | €561 | €1,556 | +€995 | +177.4% |
| Recurring financial charges | 65 | €561 | €1,556 | +€995 | +177.4% |
| Profit (loss) for the period before taxes | 9903 | €6,008 | €15,830 | +€9,822 | +163.5% |
| Income taxes | 67/77 | €2,542 | €5,216 | +€2,674 | +105.2% |
| Profit (loss) for the period | 9904 | €3,466 | €10,614 | +€7,148 | +206.2% |
| Profit (loss) for the period to be appropriated | 9905 | €3,466 | €10,614 | +€7,148 | +206.2% |
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 7 October 2026 via checked.be.