MarKetTo: 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.
MarKetTo
Largest movements
- Receivables within one year -€351,687
down €351,687 (-74.8%), from €469,993 to €118,306
of which Trade receivables: -€362,000
- Current investments +€121,200
new in 2026: €121,200
- Cash -€90,730
down €90,730 (-84.0%), from €108,038 to €17,309
mainly Contributions, distributions and other (-€452,808) and Tax, wage and social debts (-€133,524)
- Tangible fixed assets +€35,535
up €35,535 (+360%), from €9,880 to €45,414
- Reserves -€151,306
down €151,306 (-33.4%), from €452,808 to €301,502
- Tax, wage and social debts -€133,524
down €133,524 (-95.4%), from €139,942 to €6,419
- Gross operating margin -€174,268
down €174,268 (-30.2%), from €577,457 to €403,189
- Taxes -€43,203
down €43,203 (-30.9%), from €139,960 to €96,757
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €594,161 | €308,479 | -€285,682 | -48.1% |
| Fixed assets | 21/28 | €16,130 | €51,664 | +€35,535 | +220% |
| Tangible fixed assets | 22/27 | €9,880 | €45,414 | +€35,535 | +360% |
| Furniture and vehicles | 24 | €9,880 | €45,414 | +€35,535 | +360% |
| Financial fixed assets | 28 | €6,250 | €6,250 | = | 0.0% |
| Current assets | 29/58 | €578,032 | €256,815 | -€321,217 | -55.6% |
| Amounts receivable within one year | 40/41 | €469,993 | €118,306 | -€351,687 | -74.8% |
| Trade receivables | 40 | €462,000 | €100,000 | -€362,000 | -78.4% |
| Other amounts receivable | 41 | €7,993 | €18,306 | +€10,313 | +129% |
| Current investments | 50/53 | - | €121,200 | +€121,200 | |
| Cash at bank and in hand | 54/58 | €108,038 | €17,309 | -€90,730 | -84.0% |
| Total equity and liabilities | 10/49 | €594,161 | €308,479 | -€285,682 | -48.1% |
| Equity | 10/15 | €453,308 | €302,002 | -€151,306 | -33.4% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €452,808 | €301,502 | -€151,306 | -33.4% |
| Distributable reserves | 133 | €452,808 | €301,502 | -€151,306 | -33.4% |
| Amounts payable | 17/49 | €140,854 | €6,478 | -€134,376 | -95.4% |
| Amounts payable within one year | 42/48 | €140,854 | €6,478 | -€134,376 | -95.4% |
| Trade debts | 44 | €911 | €59 | -€852 | -93.5% |
| Suppliers | 440/4 | €911 | €59 | -€852 | -93.5% |
| Taxes, remuneration and social security | 45 | €139,942 | €6,419 | -€133,524 | -95.4% |
| Taxes | 450/3 | €139,942 | €6,419 | -€133,524 | -95.4% |
| Non-recurring operating income | 76A | - | €4,733 | +€4,733 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,436 | €6,210 | +€2,774 | +80.7% |
| Other operating charges | 640/8 | €378 | €412 | +€34 | +9.0% |
| Gross operating margin | 9900 | €577,457 | €403,189 | -€174,268 | -30.2% |
| Operating profit (loss) | 9901 | €573,644 | €396,568 | -€177,076 | -30.9% |
| Financial income | 75/76B | €301 | €1,841 | +€1,540 | +512% |
| Recurring financial income | 75 | €301 | €1,841 | +€1,540 | +512% |
| Financial charges | 65/66B | €155 | €150 | -€5 | -3.1% |
| Recurring financial charges | 65 | €155 | €150 | -€5 | -3.1% |
| Profit (loss) for the period before taxes | 9903 | €573,790 | €398,259 | -€175,531 | -30.6% |
| Income taxes | 67/77 | €139,960 | €96,757 | -€43,203 | -30.9% |
| Profit (loss) for the period | 9904 | €433,830 | €301,502 | -€132,328 | -30.5% |
| Profit (loss) for the period to be appropriated | 9905 | €433,830 | €301,502 | -€132,328 | -30.5% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.