Markerik: 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.
Markerik
Largest movements
- Tangible fixed assets -€11,904
down €11,904 (-3.2%), from €366,534 to €354,630
- Receivables within one year +€5,084
up €5,084 (+7.3%), from €70,106 to €75,190
- Debts after one year -€31,503
down €31,503 (-9.8%), from €322,634 to €291,130
of which Financial debts: -€31,503
- Reserves +€14,451
up €14,451 (+60.2%), from €23,987 to €38,438
- Other debts +€4,800
up €4,800 (+16.6%), from €28,934 to €33,734
- Financial charges -€2,126
down €2,126 (-19.3%), from €10,995 to €8,869
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 | €439,169 | €430,815 | -€8,354 | -1.9% |
| Fixed assets | 21/28 | €366,534 | €354,630 | -€11,904 | -3.2% |
| Tangible fixed assets | 22/27 | €366,534 | €354,630 | -€11,904 | -3.2% |
| Land and buildings | 22 | €366,534 | €354,630 | -€11,904 | -3.2% |
| Current assets | 29/58 | €72,635 | €76,184 | +€3,550 | +4.9% |
| Amounts receivable within one year | 40/41 | €70,106 | €75,190 | +€5,084 | +7.3% |
| Other amounts receivable | 41 | €70,106 | €75,190 | +€5,084 | +7.3% |
| Cash at bank and in hand | 54/58 | €2,469 | €910 | -€1,560 | -63.2% |
| Deferred charges and accrued income | 490/1 | €60 | €85 | +€25 | +41.7% |
| Total equity and liabilities | 10/49 | €439,169 | €430,815 | -€8,354 | -1.9% |
| Equity | 10/15 | €30,187 | €44,638 | +€14,451 | +47.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €23,987 | €38,438 | +€14,451 | +60.2% |
| Distributable reserves | 133 | €23,987 | €38,438 | +€14,451 | +60.2% |
| Amounts payable | 17/49 | €408,982 | €386,177 | -€22,805 | -5.6% |
| Amounts payable after more than one year | 17 | €322,634 | €291,130 | -€31,503 | -9.8% |
| Financial debts | 170/4 | €292,349 | €260,845 | -€31,503 | -10.8% |
| Other amounts payable | 178/9 | €30,285 | €30,285 | = | 0.0% |
| Amounts payable within one year | 42/48 | €61,162 | €68,432 | +€7,270 | +11.9% |
| Current portion of amounts payable after more than one year | 42 | €30,872 | €31,503 | +€632 | +2.0% |
| Trade debts | 44 | €130 | €523 | +€393 | +303% |
| Suppliers | 440/4 | €130 | €523 | +€393 | +303% |
| Taxes, remuneration and social security | 45 | €1,226 | €2,671 | +€1,445 | +118% |
| Taxes | 450/3 | €1,226 | €2,671 | +€1,445 | +118% |
| Other amounts payable | 47/48 | €28,934 | €33,734 | +€4,800 | +16.6% |
| Accrued charges and deferred income | 492/3 | €25,186 | €26,615 | +€1,429 | +5.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,904 | €11,904 | = | 0.0% |
| Other operating charges | 640/8 | €2,600 | €2,680 | +€80 | +3.1% |
| Gross operating margin | 9900 | €38,987 | €39,348 | +€360 | +0.9% |
| Operating profit (loss) | 9901 | €24,484 | €24,764 | +€280 | +1.1% |
| Financial charges | 65/66B | €10,995 | €8,869 | -€2,126 | -19.3% |
| Recurring financial charges | 65 | €10,995 | €8,869 | -€2,126 | -19.3% |
| Profit (loss) for the period before taxes | 9903 | €13,489 | €15,896 | +€2,407 | +17.8% |
| Income taxes | 67/77 | €1,226 | €1,445 | +€219 | +17.8% |
| Profit (loss) for the period | 9904 | €12,263 | €14,451 | +€2,188 | +17.8% |
| Profit (loss) for the period to be appropriated | 9905 | €12,263 | €14,451 | +€2,188 | +17.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.