MARKETROTTERS: what changed
MARKETROTTERS
Largest movements
- Cash -€19,770
down €19,770 (-76.8%), from €25,734 to €5,964
mainly Net result for the year (-€12,287) and Accrued charges and deferred income (-€10,808)
- Intangible fixed assets -€4,000
down €4,000 (-31.6%), from €12,667 to €8,667
- Receivables within one year -€3,510
down €3,510 (-83.8%), from €4,188 to €678
of which Trade receivables: -€3,776
- Profit (loss) carried forward -€12,287
down €12,287 (-65.3%), from -€18,812 to -€31,099
- Accrued charges and deferred income -€10,808
no longer reported in 2025 (was €10,808)
- Other debts -€2,023
down €2,023 (-6.5%), from €31,145 to €29,122
- Tax, wage and social debts -€1,301
down €1,301 (-51.6%), from €2,519 to €1,218
of which Taxes: -€1,301
- Trade debts -€540
down €540 (-85.4%), from €633 to €93
- Gross operating margin -€9,282
down €9,282, from €1,146 to -€8,136
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €44,892 | €17,934 | -€26,958 | -60.1% |
| Fixed assets | 21/28 | €12,667 | €8,667 | -€4,000 | -31.6% |
| Intangible fixed assets | 21 | €12,667 | €8,667 | -€4,000 | -31.6% |
| Current assets | 29/58 | €32,226 | €9,268 | -€22,958 | -71.2% |
| Amounts receivable within one year | 40/41 | €4,188 | €678 | -€3,510 | -83.8% |
| Trade receivables | 40 | €3,776 | - | -€3,776 | |
| Other amounts receivable | 41 | €411 | €678 | +€267 | +64.8% |
| Current investments | 50/53 | €2,220 | €2,220 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €25,734 | €5,964 | -€19,770 | -76.8% |
| Deferred charges and accrued income | 490/1 | €84 | €405 | +€321 | +383% |
| Total equity and liabilities | 10/49 | €44,892 | €17,934 | -€26,958 | -60.1% |
| Equity | 10/15 | -€212 | -€12,499 | -€12,287 | -5,786% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,812 | -€31,099 | -€12,287 | -65.3% |
| Amounts payable | 17/49 | €45,105 | €30,433 | -€14,671 | -32.5% |
| Amounts payable within one year | 42/48 | €34,297 | €30,433 | -€3,863 | -11.3% |
| Trade debts | 44 | €633 | €93 | -€540 | -85.4% |
| Suppliers | 440/4 | €633 | €93 | -€540 | -85.4% |
| Taxes, remuneration and social security | 45 | €2,519 | €1,218 | -€1,301 | -51.6% |
| Taxes | 450/3 | €1,519 | €218 | -€1,301 | -85.6% |
| Remuneration and social security | 454/9 | €1,000 | €1,000 | = | 0.0% |
| Other amounts payable | 47/48 | €31,145 | €29,122 | -€2,023 | -6.5% |
| Accrued charges and deferred income | 492/3 | €10,808 | - | -€10,808 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,000 | €4,000 | = | 0.0% |
| Gross operating margin | 9900 | €1,146 | -€8,136 | -€9,282 | |
| Operating profit (loss) | 9901 | -€2,854 | -€12,136 | -€9,282 | -325% |
| Financial income | 75/76B | €115 | €162 | +€46 | +40.1% |
| Recurring financial income | 75 | €115 | €162 | +€46 | +40.1% |
| Financial charges | 65/66B | €138 | €158 | +€19 | +13.9% |
| Recurring financial charges | 65 | €138 | €158 | +€19 | +13.9% |
| Profit (loss) for the period before taxes | 9903 | -€2,877 | -€12,132 | -€9,255 | -322% |
| Income taxes | 67/77 | €197 | €154 | -€43 | -21.6% |
| Profit (loss) for the period | 9904 | -€3,074 | -€12,287 | -€9,213 | -300% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,074 | -€12,287 | -€9,213 | -300% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.