MARKETING DECOEUR: 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.
MARKETING DECOEUR
Largest movements
- Tangible fixed assets -€6,909
down €6,909 (-64.3%), from €10,752 to €3,843
of which Furniture and vehicles: -€6,727
- Receivables within one year -€5,059
down €5,059 (-21.0%), from €24,055 to €18,996
of which Other amounts receivable: -€3,622
- Cash +€2,067
up €2,067 (+156.5%), from €1,321 to €3,388
mainly Other debts (+€9,099) and Depreciation (+€7,116)
- Profit (loss) carried forward -€12,939
down €12,939, from €9,848 to -€3,091
- Other debts +€9,099
up €9,099 (+76.5%), from €11,887 to €20,987
- Tax, wage and social debts -€5,232
down €5,232 (-90.0%), from €5,816 to €584
of which Taxes: -€3,732
- Trade debts -€786
down €786 (-19.3%), from €4,079 to €3,293
- Gross operating margin -€2,554
down €2,554 (-132.3%), from -€1,931 to -€4,485
- Depreciation -€591
down €591 (-7.7%), from €7,707 to €7,116
- Financial charges +€154
up €154 (+84.7%), from €182 to €335
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 | €36,729 | €26,772 | -€9,957 | -27.1% |
| Formation expenses | 20 | €500 | €294 | -€207 | -41.3% |
| Fixed assets | 21/28 | €10,752 | €3,843 | -€6,909 | -64.3% |
| Tangible fixed assets | 22/27 | €10,752 | €3,843 | -€6,909 | -64.3% |
| Land and buildings | 22 | €1,541 | €1,359 | -€182 | -11.8% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €9,212 | €2,485 | -€6,727 | -73.0% |
| Current assets | 29/58 | €25,476 | €22,635 | -€2,842 | -11.2% |
| Amounts receivable within one year | 40/41 | €24,055 | €18,996 | -€5,059 | -21.0% |
| Trade receivables | 40 | €19,244 | €17,807 | -€1,437 | -7.5% |
| Other amounts receivable | 41 | €4,810 | €1,189 | -€3,622 | -75.3% |
| Cash at bank and in hand | 54/58 | €1,321 | €3,388 | +€2,067 | +156.5% |
| Deferred charges and accrued income | 490/1 | €101 | €251 | +€151 | +149.7% |
| Total equity and liabilities | 10/49 | €36,729 | €26,772 | -€9,957 | -27.1% |
| Equity | 10/15 | €14,848 | €1,909 | -€12,939 | -87.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,848 | -€3,091 | -€12,939 | |
| Amounts payable | 17/49 | €21,882 | €24,863 | +€2,982 | +13.6% |
| Amounts payable within one year | 42/48 | €21,782 | €24,863 | +€3,081 | +14.1% |
| Trade debts | 44 | €4,079 | €3,293 | -€786 | -19.3% |
| Suppliers | 440/4 | €4,079 | €3,293 | -€786 | -19.3% |
| Taxes, remuneration and social security | 45 | €5,816 | €584 | -€5,232 | -90.0% |
| Taxes | 450/3 | €4,316 | €584 | -€3,732 | -86.5% |
| Remuneration and social security | 454/9 | €1,500 | €0 | -€1,500 | -100.0% |
| Other amounts payable | 47/48 | €11,887 | €20,987 | +€9,099 | +76.5% |
| Accrued charges and deferred income | 492/3 | €99 | €0 | -€99 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,707 | €7,116 | -€591 | -7.7% |
| Other operating charges | 640/8 | €911 | €882 | -€29 | -3.1% |
| Gross operating margin | 9900 | -€1,931 | -€4,485 | -€2,554 | -132.3% |
| Operating profit (loss) | 9901 | -€10,549 | -€12,484 | -€1,935 | -18.3% |
| Financial income | 75/76B | €91 | €66 | -€25 | -27.1% |
| Recurring financial income | 75 | €91 | €66 | -€25 | -27.1% |
| Financial charges | 65/66B | €182 | €335 | +€154 | +84.7% |
| Recurring financial charges | 65 | €182 | €335 | +€154 | +84.7% |
| Profit (loss) for the period before taxes | 9903 | -€10,639 | -€12,753 | -€2,113 | -19.9% |
| Income taxes | 67/77 | €190 | €186 | -€3 | -1.7% |
| Profit (loss) for the period | 9904 | -€10,829 | -€12,939 | -€2,110 | -19.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,829 | -€12,939 | -€2,110 | -19.5% |
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 8 October 2026 via checked.be.