MARKANT - VANASSCHE: 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 - VANASSCHE
Largest movements
- Cash +€36,154
up €36,154 (+19.8%), from €182,622 to €218,776
mainly Net result for the year (+€16,597) and Trade debts (+€16,343)
- Stocks and contracts -€6,591
down €6,591 (-41.9%), from €15,717 to €9,127
of which Contracts in progress: -€6,286
- Reserves +€16,597
up €16,597 (+10.6%), from €155,896 to €172,494
of which Distributable reserves: +€16,597
- Trade debts +€16,343
up €16,343 (+147.6%), from €11,071 to €27,414
- Advances received -€5,009
down €5,009 (-55.0%), from €9,107 to €4,099
- Tax, wage and social debts +€2,726
up €2,726 (+114.9%), from €2,371 to €5,097
- Taxes +€3,473
up €3,473 (+60.2%), from €5,768 to €9,241
- Financial income +€1,351
up €1,351 (+46.2%), from €2,926 to €4,277
- Gross operating margin -€539
down €539 (-2.4%), from €22,908 to €22,369
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 | €208,743 | €237,290 | +€28,547 | +13.7% |
| Fixed assets | 21/28 | €50 | €50 | = | 0.0% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €208,693 | €237,241 | +€28,547 | +13.7% |
| Stocks and contracts in progress | 3 | €15,717 | €9,127 | -€6,591 | -41.9% |
| Stocks | 30/36 | €1,325 | €1,020 | -€305 | -23.0% |
| Contracts in progress | 37 | €14,392 | €8,107 | -€6,286 | -43.7% |
| Amounts receivable within one year | 40/41 | €10,355 | €9,338 | -€1,017 | -9.8% |
| Trade receivables | 40 | €5,354 | €2,512 | -€2,842 | -53.1% |
| Other amounts receivable | 41 | €5,001 | €6,826 | +€1,825 | +36.5% |
| Cash at bank and in hand | 54/58 | €182,622 | €218,776 | +€36,154 | +19.8% |
| Total equity and liabilities | 10/49 | €208,743 | €237,290 | +€28,547 | +13.7% |
| Equity | 10/15 | €179,955 | €196,552 | +€16,597 | +9.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €155,896 | €172,494 | +€16,597 | +10.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €15,425 | €15,425 | = | 0.0% |
| Distributable reserves | 133 | €138,611 | €155,209 | +€16,597 | +12.0% |
| Profit (loss) carried forward | 14 | €5,459 | €5,459 | = | 0.0% |
| Amounts payable | 17/49 | €28,788 | €40,738 | +€11,950 | +41.5% |
| Amounts payable within one year | 42/48 | €28,788 | €40,738 | +€11,950 | +41.5% |
| Trade debts | 44 | €11,071 | €27,414 | +€16,343 | +147.6% |
| Suppliers | 440/4 | €11,071 | €27,414 | +€16,343 | +147.6% |
| Advances received on contracts in progress | 46 | €9,107 | €4,099 | -€5,009 | -55.0% |
| Taxes, remuneration and social security | 45 | €2,371 | €5,097 | +€2,726 | +114.9% |
| Taxes | 450/3 | €2,371 | €5,097 | +€2,726 | +114.9% |
| Other amounts payable | 47/48 | €6,238 | €4,128 | -€2,110 | -33.8% |
| Other operating charges | 640/8 | €687 | €691 | +€4 | +0.5% |
| Gross operating margin | 9900 | €22,908 | €22,369 | -€539 | -2.4% |
| Operating profit (loss) | 9901 | €22,221 | €21,678 | -€542 | -2.4% |
| Financial income | 75/76B | €2,926 | €4,277 | +€1,351 | +46.2% |
| Recurring financial income | 75 | €2,926 | €4,277 | +€1,351 | +46.2% |
| Financial charges | 65/66B | €142 | €117 | -€25 | -17.9% |
| Recurring financial charges | 65 | €142 | €117 | -€25 | -17.9% |
| Profit (loss) for the period before taxes | 9903 | €25,005 | €25,838 | +€834 | +3.3% |
| Income taxes | 67/77 | €5,768 | €9,241 | +€3,473 | +60.2% |
| Profit (loss) for the period | 9904 | €19,237 | €16,597 | -€2,640 | -13.7% |
| Profit (loss) for the period to be appropriated | 9905 | €19,237 | €16,597 | -€2,640 | -13.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.