Market Loppem: 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.
Market Loppem
Largest movements
- Cash -€31,134
down €31,134 (-52.5%), from €59,272 to €28,137
mainly Debts after one year (-€17,397) and Net result for the year (-€16,353)
- Stocks and contracts -€18,119
down €18,119 (-8.0%), from €226,934 to €208,816
- Tangible fixed assets -€15,822
down €15,822 (-14.4%), from €110,238 to €94,416
of which Plant, machinery and equipment: -€14,595
- Receivables within one year +€15,330
up €15,330 (+7.7%), from €199,846 to €215,176
of which Other amounts receivable: +€9,895
- Debts after one year -€17,397
down €17,397 (-43.8%), from €39,691 to €22,294
- Reserves -€16,353
down €16,353 (-21.8%), from €75,149 to €58,796
of which Distributable reserves: -€16,353
- Current portion of long-term debt -€14,174
no longer reported in 2025 (was €14,174)
- Gross operating margin -€123,799
down €123,799 (-34.2%), from €361,837 to €238,037
- Depreciation -€42,242
down €42,242 (-58.0%), from €72,867 to €30,625
- Staff costs +€22,491
up €22,491 (+11.4%), from €197,800 to €220,290
- Financial income +€12,574
up €12,574 (+824%), from €1,526 to €14,100
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 | €596,290 | €550,946 | -€45,344 | -7.6% |
| Fixed assets | 21/28 | €110,238 | €94,416 | -€15,822 | -14.4% |
| Tangible fixed assets | 22/27 | €110,238 | €94,416 | -€15,822 | -14.4% |
| Land and buildings | 22 | €783 | €578 | -€206 | -26.3% |
| Plant, machinery and equipment | 23 | €105,145 | €90,550 | -€14,595 | -13.9% |
| Furniture and vehicles | 24 | €4,309 | €3,289 | -€1,020 | -23.7% |
| Current assets | 29/58 | €486,052 | €456,529 | -€29,523 | -6.1% |
| Stocks and contracts in progress | 3 | €226,934 | €208,816 | -€18,119 | -8.0% |
| Stocks | 30/36 | €226,934 | €208,816 | -€18,119 | -8.0% |
| Amounts receivable within one year | 40/41 | €199,846 | €215,176 | +€15,330 | +7.7% |
| Trade receivables | 40 | €227 | €5,662 | +€5,435 | +2,396% |
| Other amounts receivable | 41 | €199,620 | €209,515 | +€9,895 | +5.0% |
| Cash at bank and in hand | 54/58 | €59,272 | €28,137 | -€31,134 | -52.5% |
| Deferred charges and accrued income | 490/1 | - | €4,400 | +€4,400 | |
| Total equity and liabilities | 10/49 | €596,290 | €550,946 | -€45,344 | -7.6% |
| Equity | 10/15 | €194,189 | €177,836 | -€16,353 | -8.4% |
| Contributions | 10/11 | €119,040 | €119,040 | = | 0.0% |
| Reserves | 13 | €75,149 | €58,796 | -€16,353 | -21.8% |
| Non-distributable reserves | 130/1 | €11,904 | €11,904 | = | 0.0% |
| Reserves not available under the articles | 1311 | €11,904 | €11,904 | = | 0.0% |
| Distributable reserves | 133 | €63,245 | €46,892 | -€16,353 | -25.9% |
| Amounts payable | 17/49 | €402,101 | €373,110 | -€28,991 | -7.2% |
| Amounts payable after more than one year | 17 | €39,691 | €22,294 | -€17,397 | -43.8% |
| Financial debts | 170/4 | €39,691 | €22,294 | -€17,397 | -43.8% |
| Amounts payable within one year | 42/48 | €362,410 | €346,316 | -€16,094 | -4.4% |
| Current portion of amounts payable after more than one year | 42 | €14,174 | - | -€14,174 | |
| Trade debts | 44 | €329,301 | €326,795 | -€2,506 | -0.8% |
| Suppliers | 440/4 | €329,301 | €326,795 | -€2,506 | -0.8% |
| Taxes, remuneration and social security | 45 | €18,924 | €19,521 | +€598 | +3.2% |
| Taxes | 450/3 | - | €26 | +€26 | |
| Remuneration and social security | 454/9 | €18,924 | €19,495 | +€572 | +3.0% |
| Other amounts payable | 47/48 | €12 | - | -€12 | |
| Accrued charges and deferred income | 492/3 | - | €4,500 | +€4,500 | |
| Remuneration, social security and pensions | 62 | €197,800 | €220,290 | +€22,491 | +11.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €72,867 | €30,625 | -€42,242 | -58.0% |
| Other operating charges | 640/8 | €1,977 | €1,642 | -€336 | -17.0% |
| Gross operating margin | 9900 | €361,837 | €238,037 | -€123,799 | -34.2% |
| Operating profit (loss) | 9901 | €89,193 | -€14,520 | -€103,712 | |
| Financial income | 75/76B | €1,526 | €14,100 | +€12,574 | +824% |
| Recurring financial income | 75 | €1,526 | €14,100 | +€12,574 | +824% |
| Financial charges | 65/66B | €17,388 | €15,934 | -€1,454 | -8.4% |
| Recurring financial charges | 65 | €17,388 | €15,934 | -€1,454 | -8.4% |
| Profit (loss) for the period before taxes | 9903 | €73,330 | -€16,353 | -€89,684 | |
| Profit (loss) for the period | 9904 | €73,330 | -€16,353 | -€89,684 | |
| Profit (loss) for the period to be appropriated | 9905 | €73,330 | -€16,353 | -€89,684 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.