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MARKER ADVICE: 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.

What changed

MARKER ADVICE

BE 0834.063.804
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€32,639
2023 · €35,641-€3,002
Equity
€81,603
2023 · €48,964+€32,639
Cash
€3,719
2023 · €41,984-€38,264
Balance sheet total
€84,500
2023 · €55,823+€28,678

Largest movements

2023 to 2024
Assets
  • Current investments +€64,197

    new in 2024: €64,197

  • Cash -€38,264

    down €38,264 (-91.1%), from €41,984 to €3,719

    mainly Current investments (-€64,197) and Tax, wage and social debts (-€3,697)

  • Receivables within one year +€1,871

    up €1,871 (+13.9%), from €13,473 to €15,344

    of which Other amounts receivable: +€2,803

  • Deferred charges and accrued income +€875

    up €875 (+239.2%), from €366 to €1,240

Equity and liabilities
  • Reserves +€32,639

    up €32,639 (+67.5%), from €48,364 to €81,003

    of which Distributable reserves: +€32,639

  • Tax, wage and social debts -€3,697

    down €3,697 (-100.0%), from €3,697 to €0

    of which Taxes: -€3,697

Income statement
  • Taxes +€2,118

    up €2,118 (+11.3%), from €18,697 to €20,815

  • Gross operating margin -€1,910

    down €1,910 (-3.3%), from €58,402 to €56,492

  • Depreciation -€1,027

    down €1,027 (-100.0%), from €1,027 to €0

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 €35,641
Gross operating margin -€1,910
Depreciation +€1,027
Other operating charges +€66
Financial income +€56
Financial charges -€124
Taxes -€2,118
Result 2024 €32,639

Cash bridge derived

cash 2023 to 2024

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.

From operations +€25,932
Investment -€64,197
Financing €0
Cash 2023 €41,984
Net result for the year +€32,639
Receivables within one year -€1,871
Deferred charges and accrued income -€875
Trade debts -€529
Tax, wage and social debts -€3,697
Other debts +€646
Accrued charges and deferred income -€381
Current investments -€64,197
Cash 2024 €3,719
Every line side by side 40 lines
Line Code 2023 2024 Change %
Total assets 20/58 €55,823 €84,500 +€28,678 +51.4%
Fixed assets 21/28 €0 - =
Tangible fixed assets 22/27 €0 - =
Furniture and vehicles 24 €0 - =
Current assets 29/58 €55,823 €84,500 +€28,678 +51.4%
Amounts receivable within one year 40/41 €13,473 €15,344 +€1,871 +13.9%
Trade receivables 40 €12,076 €11,143 -€932 -7.7%
Other amounts receivable 41 €1,398 €4,201 +€2,803 +200.5%
Current investments 50/53 - €64,197 +€64,197
Cash at bank and in hand 54/58 €41,984 €3,719 -€38,264 -91.1%
Deferred charges and accrued income 490/1 €366 €1,240 +€875 +239.2%
Total equity and liabilities 10/49 €55,823 €84,500 +€28,678 +51.4%
Equity 10/15 €48,964 €81,603 +€32,639 +66.7%
Contributions 10/11 €600 €600 = 0.0%
Reserves 13 €48,364 €81,003 +€32,639 +67.5%
Non-distributable reserves 130/1 €1,860 €1,860 = 0.0%
Reserves not available under the articles 1311 €1,860 €1,860 = 0.0%
Distributable reserves 133 €46,504 €79,143 +€32,639 +70.2%
Profit (loss) carried forward 14 €0 - =
Amounts payable 17/49 €6,858 €2,897 -€3,961 -57.8%
Amounts payable within one year 42/48 €6,477 €2,897 -€3,580 -55.3%
Trade debts 44 €2,780 €2,251 -€529 -19.0%
Suppliers 440/4 €2,780 €2,251 -€529 -19.0%
Taxes, remuneration and social security 45 €3,697 €0 -€3,697 -100.0%
Taxes 450/3 €3,697 €0 -€3,697 -100.0%
Remuneration and social security 454/9 €0 - =
Other amounts payable 47/48 €0 €646 +€646
Accrued charges and deferred income 492/3 €381 €0 -€381 -100.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €1,027 €0 -€1,027 -100.0%
Other operating charges 640/8 €1,708 €1,642 -€66 -3.9%
Gross operating margin 9900 €58,402 €56,492 -€1,910 -3.3%
Operating profit (loss) 9901 €55,667 €54,851 -€817 -1.5%
Financial income 75/76B €1 €58 +€56 +3970.4%
Recurring financial income 75 €1 €58 +€56 +3970.4%
Financial charges 65/66B €1,330 €1,454 +€124 +9.3%
Recurring financial charges 65 €1,330 €1,454 +€124 +9.3%
Profit (loss) for the period before taxes 9903 €54,338 €53,454 -€884 -1.6%
Income taxes 67/77 €18,697 €20,815 +€2,118 +11.3%
Profit (loss) for the period 9904 €35,641 €32,639 -€3,002 -8.4%
Profit (loss) for the period to be appropriated 9905 €35,641 €32,639 -€3,002 -8.4%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.