Marketinx: 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.
Marketinx
Largest movements
- Stocks and contracts -€446,366
down €446,366 (-100%), from €446,366 to €0
- Tangible fixed assets +€328,317
up €328,317 (+61.4%), from €534,635 to €862,953
of which Land and buildings: +€337,366
- Receivables within one year +€13,349
up €13,349 (+5.1%), from €259,447 to €272,796
of which Trade receivables: +€19,508
- Debts after one year -€99,329
down €99,329 (-13.7%), from €726,102 to €626,773
- Current portion of long-term debt -€88,600
down €88,600 (-49.8%), from €177,929 to €89,329
- Reserves +€44,562
up €44,562 (+31.8%), from €140,037 to €184,599
- Trade debts +€41,069
up €41,069 (+54.4%), from €75,446 to €116,515
- Other debts -€20,610
down €20,610 (-83.8%), from €24,606 to €3,997
- Gross operating margin +€129,288
up €129,288 (+44.9%), from €288,021 to €417,309
- Staff costs +€90,623
up €90,623 (+51.0%), from €177,567 to €268,190
- Depreciation +€15,358
up €15,358 (+63.9%), from €24,040 to €39,398
- Other operating charges +€4,530
up €4,530 (+69.9%), from €6,482 to €11,012
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 | €1,251,305 | €1,148,599 | -€102,706 | -8.2% |
| Fixed assets | 21/28 | €537,045 | €865,363 | +€328,317 | +61.1% |
| Tangible fixed assets | 22/27 | €534,635 | €862,953 | +€328,317 | +61.4% |
| Land and buildings | 22 | €478,352 | €815,718 | +€337,366 | +70.5% |
| Plant, machinery and equipment | 23 | €14,109 | €9,609 | -€4,500 | -31.9% |
| Furniture and vehicles | 24 | €35,429 | €34,204 | -€1,226 | -3.5% |
| Other tangible fixed assets | 26 | €6,746 | €3,423 | -€3,323 | -49.3% |
| Financial fixed assets | 28 | €2,410 | €2,410 | = | 0.0% |
| Current assets | 29/58 | €714,260 | €283,236 | -€431,024 | -60.3% |
| Stocks and contracts in progress | 3 | €446,366 | €0 | -€446,366 | -100% |
| Stocks | 30/36 | €446,366 | €0 | -€446,366 | -100% |
| Amounts receivable within one year | 40/41 | €259,447 | €272,796 | +€13,349 | +5.1% |
| Trade receivables | 40 | €249,888 | €269,395 | +€19,508 | +7.8% |
| Other amounts receivable | 41 | €9,559 | €3,400 | -€6,159 | -64.4% |
| Cash at bank and in hand | 54/58 | €1,391 | €8,092 | +€6,702 | +482% |
| Deferred charges and accrued income | 490/1 | €7,057 | €2,348 | -€4,708 | -66.7% |
| Total equity and liabilities | 10/49 | €1,251,305 | €1,148,599 | -€102,706 | -8.2% |
| Equity | 10/15 | €158,637 | €203,199 | +€44,562 | +28.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €140,037 | €184,599 | +€44,562 | +31.8% |
| Distributable reserves | 133 | €140,037 | €184,599 | +€44,562 | +31.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,092,669 | €945,400 | -€147,268 | -13.5% |
| Amounts payable after more than one year | 17 | €726,102 | €626,773 | -€99,329 | -13.7% |
| Financial debts | 170/4 | €726,102 | €626,773 | -€99,329 | -13.7% |
| Amounts payable within one year | 42/48 | €366,567 | €316,127 | -€50,439 | -13.8% |
| Current portion of amounts payable after more than one year | 42 | €177,929 | €89,329 | -€88,600 | -49.8% |
| Financial debts | 43 | €13,337 | €31,144 | +€17,807 | +134% |
| Credit institutions | 430/8 | €13,337 | €31,144 | +€17,807 | +134% |
| Trade debts | 44 | €75,446 | €116,515 | +€41,069 | +54.4% |
| Suppliers | 440/4 | €75,446 | €116,515 | +€41,069 | +54.4% |
| Taxes, remuneration and social security | 45 | €75,249 | €75,143 | -€106 | -0.1% |
| Taxes | 450/3 | €39,657 | €37,953 | -€1,704 | -4.3% |
| Remuneration and social security | 454/9 | €35,592 | €37,190 | +€1,598 | +4.5% |
| Other amounts payable | 47/48 | €24,606 | €3,997 | -€20,610 | -83.8% |
| Accrued charges and deferred income | 492/3 | - | €2,500 | +€2,500 | |
| Non-recurring operating income | 76A | €13,755 | €111,891 | +€98,136 | +713% |
| Remuneration, social security and pensions | 62 | €177,567 | €268,190 | +€90,623 | +51.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,040 | €39,398 | +€15,358 | +63.9% |
| Other operating charges | 640/8 | €6,482 | €11,012 | +€4,530 | +69.9% |
| Gross operating margin | 9900 | €288,021 | €417,309 | +€129,288 | +44.9% |
| Operating profit (loss) | 9901 | €79,932 | €98,708 | +€18,777 | +23.5% |
| Financial income | 75/76B | €0 | €7 | +€7 | |
| Recurring financial income | 75 | €0 | €7 | +€7 | |
| Financial charges | 65/66B | €36,135 | €37,438 | +€1,303 | +3.6% |
| Recurring financial charges | 65 | €36,135 | €37,438 | +€1,303 | +3.6% |
| Profit (loss) for the period before taxes | 9903 | €43,797 | €61,277 | +€17,481 | +39.9% |
| Income taxes | 67/77 | €11,435 | €13,716 | +€2,281 | +19.9% |
| Profit (loss) for the period | 9904 | €32,362 | €47,562 | +€15,200 | +47.0% |
| Profit (loss) for the period to be appropriated | 9905 | €32,362 | €47,562 | +€15,200 | +47.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.