MARKET MAKER: 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 MAKER
Largest movements
- Receivables within one year +€145,237
up €145,237 (+7229.3%), from €2,009 to €147,246
- Current investments -€110,774
down €110,774 (-12.6%), from €880,215 to €769,441
- Profit (loss) carried forward +€24,142
up €24,142 (+4.0%), from -€608,731 to -€584,589
- Financial charges -€301,019
down €301,019 (-99.8%), from €301,503 to €484
of which Non-recurring financial charges: -€301,120
- Financial income +€15,209
up €15,209 (+129.3%), from €11,765 to €26,974
- Gross operating margin -€992
down €992 (-77.4%), from -€1,281 to -€2,273
- Other operating charges -€141
down €141 (-65.3%), from €216 to €75
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 | €897,694 | €921,956 | +€24,262 | +2.7% |
| Current assets | 29/58 | €897,694 | €921,956 | +€24,262 | +2.7% |
| Amounts receivable within one year | 40/41 | €2,009 | €147,246 | +€145,237 | +7229.3% |
| Other amounts receivable | 41 | €2,009 | €147,246 | +€145,237 | +7229.3% |
| Current investments | 50/53 | €880,215 | €769,441 | -€110,774 | -12.6% |
| Cash at bank and in hand | 54/58 | €12,920 | €5,269 | -€7,651 | -59.2% |
| Deferred charges and accrued income | 490/1 | €2,550 | - | -€2,550 | |
| Total equity and liabilities | 10/49 | €897,694 | €921,956 | +€24,262 | +2.7% |
| Equity | 10/15 | €897,611 | €921,753 | +€24,142 | +2.7% |
| Contributions | 10/11 | €1,506,342 | €1,506,342 | = | 0.0% |
| Capital | 10 | €1,506,342 | €1,506,342 | = | 0.0% |
| Issued capital | 100 | €1,506,342 | €1,506,342 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€608,731 | -€584,589 | +€24,142 | +4.0% |
| Amounts payable | 17/49 | €83 | €203 | +€120 | +144.6% |
| Amounts payable within one year | 42/48 | €83 | €203 | +€120 | +144.6% |
| Other amounts payable | 47/48 | €83 | €203 | +€120 | +144.6% |
| Other operating charges | 640/8 | €216 | €75 | -€141 | -65.3% |
| Gross operating margin | 9900 | -€1,281 | -€2,273 | -€992 | -77.4% |
| Operating profit (loss) | 9901 | -€1,497 | -€2,348 | -€851 | -56.8% |
| Financial income | 75/76B | €11,765 | €26,974 | +€15,209 | +129.3% |
| Recurring financial income | 75 | €11,765 | €26,974 | +€15,209 | +129.3% |
| Financial charges | 65/66B | €301,503 | €484 | -€301,019 | -99.8% |
| Recurring financial charges | 65 | €383 | €484 | +€101 | +26.4% |
| Non-recurring financial charges | 66B | €301,120 | - | -€301,120 | |
| Profit (loss) for the period before taxes | 9903 | -€291,235 | €24,142 | +€315,377 | |
| Profit (loss) for the period | 9904 | -€291,235 | €24,142 | +€315,377 | |
| Profit (loss) for the period to be appropriated | 9905 | -€291,235 | €24,142 | +€315,377 |
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 9 October 2026 via checked.be.