Marketect: 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.
Marketect
Largest movements
- Tangible fixed assets -€3,315
down €3,315 (-18.2%), from €18,255 to €14,941
of which Furniture and vehicles: -€3,294
- Reserves +€11,208
up €11,208 (+35.9%), from €31,237 to €42,445
- Tax, wage and social debts -€4,992
down €4,992 (-36.4%), from €13,727 to €8,735
- Other debts -€4,439
no longer reported in 2025 (was €4,439)
- Debts after one year -€2,440
no longer reported in 2025 (was €2,440)
- Current portion of long-term debt -€2,259
down €2,259 (-48.1%), from €4,699 to €2,440
- Gross operating margin -€23,193
down €23,193 (-48.4%), from €47,889 to €24,696
- Taxes -€4,379
down €4,379 (-50.1%), from €8,748 to €4,369
- Depreciation +€1,621
up €1,621 (+25.1%), from €6,456 to €8,077
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 | €59,541 | €57,143 | -€2,399 | -4.0% |
| Fixed assets | 21/28 | €18,255 | €14,941 | -€3,315 | -18.2% |
| Tangible fixed assets | 22/27 | €18,255 | €14,941 | -€3,315 | -18.2% |
| Plant, machinery and equipment | 23 | €6,302 | €6,281 | -€21 | -0.3% |
| Furniture and vehicles | 24 | €11,953 | €8,660 | -€3,294 | -27.6% |
| Current assets | 29/58 | €41,286 | €42,202 | +€916 | +2.2% |
| Amounts receivable within one year | 40/41 | €13,100 | €13,690 | +€590 | +4.5% |
| Trade receivables | 40 | €13,100 | €13,690 | +€590 | +4.5% |
| Cash at bank and in hand | 54/58 | €27,187 | €27,542 | +€355 | +1.3% |
| Deferred charges and accrued income | 490/1 | €999 | €970 | -€30 | -3.0% |
| Total equity and liabilities | 10/49 | €59,541 | €57,143 | -€2,399 | -4.0% |
| Equity | 10/15 | €34,237 | €45,445 | +€11,208 | +32.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €31,237 | €42,445 | +€11,208 | +35.9% |
| Distributable reserves | 133 | €31,237 | €42,445 | +€11,208 | +35.9% |
| Amounts payable | 17/49 | €25,304 | €11,698 | -€13,607 | -53.8% |
| Amounts payable after more than one year | 17 | €2,440 | - | -€2,440 | |
| Financial debts | 170/4 | €2,440 | - | -€2,440 | |
| Amounts payable within one year | 42/48 | €22,865 | €11,698 | -€11,167 | -48.8% |
| Current portion of amounts payable after more than one year | 42 | €4,699 | €2,440 | -€2,259 | -48.1% |
| Trade debts | 44 | - | €523 | +€523 | |
| Suppliers | 440/4 | - | €523 | +€523 | |
| Taxes, remuneration and social security | 45 | €13,727 | €8,735 | -€4,992 | -36.4% |
| Taxes | 450/3 | €13,727 | €8,735 | -€4,992 | -36.4% |
| Other amounts payable | 47/48 | €4,439 | - | -€4,439 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,456 | €8,077 | +€1,621 | +25.1% |
| Other operating charges | 640/8 | €728 | €640 | -€88 | -12.0% |
| Gross operating margin | 9900 | €47,889 | €24,696 | -€23,193 | -48.4% |
| Operating profit (loss) | 9901 | €40,705 | €15,979 | -€24,726 | -60.7% |
| Financial income | 75/76B | - | €10 | +€10 | |
| Recurring financial income | 75 | - | €10 | +€10 | |
| Financial charges | 65/66B | €720 | €412 | -€308 | -42.8% |
| Recurring financial charges | 65 | €720 | €412 | -€308 | -42.8% |
| Profit (loss) for the period before taxes | 9903 | €39,985 | €15,577 | -€24,408 | -61.0% |
| Income taxes | 67/77 | €8,748 | €4,369 | -€4,379 | -50.1% |
| Profit (loss) for the period | 9904 | €31,237 | €11,208 | -€20,029 | -64.1% |
| Profit (loss) for the period to be appropriated | 9905 | €31,237 | €11,208 | -€20,029 | -64.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.