MARKET KAPLAN: 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.
MARKET KAPLAN
Largest movements
- Cash +€35,083
up €35,083 (+815.3%), from €4,303 to €39,386
mainly Net result for the year (+€71,970) and Depreciation (+€35,303)
- Tangible fixed assets -€33,419
down €33,419 (-12.4%), from €268,835 to €235,416
of which Other tangible fixed assets: -€26,707
- Stocks and contracts +€10,346
up €10,346 (+24.8%), from €41,722 to €52,068
- Receivables within one year -€9,818
down €9,818 (-32.4%), from €30,289 to €20,471
of which Trade receivables: -€5,399
- Profit (loss) carried forward +€71,970
up €71,970, from -€51,618 to €20,353
- Other debts -€70,732
down €70,732 (-21.1%), from €335,421 to €264,689
- Tax, wage and social debts +€5,088
new in 2024: €5,088
- Accrued charges and deferred income -€4,000
no longer reported in 2024 (was €4,000)
- Gross operating margin +€137,644
up €137,644, from -€23,101 to €114,543
- Depreciation +€10,338
up €10,338 (+41.4%), from €24,966 to €35,303
- Taxes +€5,088
new in 2024: €5,088
- Other operating charges -€3,000
down €3,000 (-95.3%), from €3,149 to €149
- Financial charges +€1,775
up €1,775 (+441.4%), from €402 to €2,177
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 | €351,445 | €351,140 | -€304 | -0.1% |
| Fixed assets | 21/28 | €271,935 | €238,516 | -€33,419 | -12.3% |
| Tangible fixed assets | 22/27 | €268,835 | €235,416 | -€33,419 | -12.4% |
| Plant, machinery and equipment | 23 | €12,235 | €12,344 | +€108 | +0.9% |
| Furniture and vehicles | 24 | €38,862 | €32,042 | -€6,820 | -17.6% |
| Other tangible fixed assets | 26 | €217,738 | €191,031 | -€26,707 | -12.3% |
| Financial fixed assets | 28 | €3,100 | €3,100 | = | 0.0% |
| Current assets | 29/58 | €79,509 | €112,624 | +€33,115 | +41.6% |
| Stocks and contracts in progress | 3 | €41,722 | €52,068 | +€10,346 | +24.8% |
| Stocks | 30/36 | €41,722 | €52,068 | +€10,346 | +24.8% |
| Amounts receivable within one year | 40/41 | €30,289 | €20,471 | -€9,818 | -32.4% |
| Trade receivables | 40 | €5,399 | - | -€5,399 | |
| Other amounts receivable | 41 | €24,890 | €20,471 | -€4,419 | -17.8% |
| Cash at bank and in hand | 54/58 | €4,303 | €39,386 | +€35,083 | +815.3% |
| Deferred charges and accrued income | 490/1 | €3,195 | €698 | -€2,497 | -78.2% |
| Total equity and liabilities | 10/49 | €351,445 | €351,140 | -€304 | -0.1% |
| Equity | 10/15 | -€21,618 | €50,353 | +€71,970 | |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€51,618 | €20,353 | +€71,970 | |
| Amounts payable | 17/49 | €373,062 | €300,788 | -€72,275 | -19.4% |
| Amounts payable after more than one year | 17 | €20,982 | €18,959 | -€2,023 | -9.6% |
| Financial debts | 170/4 | €20,982 | €18,959 | -€2,023 | -9.6% |
| Amounts payable within one year | 42/48 | €348,081 | €281,829 | -€66,252 | -19.0% |
| Current portion of amounts payable after more than one year | 42 | €2,034 | €2,023 | -€11 | -0.6% |
| Trade debts | 44 | €10,625 | €10,029 | -€596 | -5.6% |
| Suppliers | 440/4 | €10,625 | €10,029 | -€596 | -5.6% |
| Taxes, remuneration and social security | 45 | - | €5,088 | +€5,088 | |
| Taxes | 450/3 | - | €5,088 | +€5,088 | |
| Other amounts payable | 47/48 | €335,421 | €264,689 | -€70,732 | -21.1% |
| Accrued charges and deferred income | 492/3 | €4,000 | - | -€4,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,966 | €35,303 | +€10,338 | +41.4% |
| Other operating charges | 640/8 | €3,149 | €149 | -€3,000 | -95.3% |
| Gross operating margin | 9900 | -€23,101 | €114,543 | +€137,644 | |
| Operating profit (loss) | 9901 | -€51,216 | €79,091 | +€130,307 | |
| Financial income | 75/76B | €0 | €144 | +€144 | +45028.1% |
| Recurring financial income | 75 | €0 | €144 | +€144 | +45028.1% |
| Financial charges | 65/66B | €402 | €2,177 | +€1,775 | +441.4% |
| Recurring financial charges | 65 | €402 | €2,177 | +€1,775 | +441.4% |
| Profit (loss) for the period before taxes | 9903 | -€51,618 | €77,059 | +€128,676 | |
| Income taxes | 67/77 | - | €5,088 | +€5,088 | |
| Profit (loss) for the period | 9904 | -€51,618 | €71,970 | +€123,588 | |
| Profit (loss) for the period to be appropriated | 9905 | -€51,618 | €71,970 | +€123,588 |
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 6 October 2026 via checked.be.