MARKOS HIPPOCRATE: 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.
MARKOS HIPPOCRATE
Largest movements
- Tangible fixed assets +€10,973
up €10,973 (+292.4%), from €3,753 to €14,726
of which Other tangible fixed assets: +€10,818
- Cash -€7,798
down €7,798 (-7.5%), from €104,661 to €96,863
mainly Contributions, distributions and other (-€130,000) and Investment in fixed assets (net) (-€13,781)
- Receivables within one year +€4,189
up €4,189 (+123.7%), from €3,386 to €7,575
of which Trade receivables: +€3,000
- Current investments +€3,600
up €3,600 (+19.7%), from €18,300 to €21,900
- Other debts +€45,791
up €45,791 (+64.3%), from €71,162 to €116,953
- Profit (loss) carried forward -€25,950
down €25,950 (-82.8%), from €31,337 to €5,387
- Tax, wage and social debts -€7,643
down €7,643 (-25.6%), from €29,843 to €22,200
of which Taxes: -€7,643
- Gross operating margin +€4,507
up €4,507 (+3.5%), from €130,294 to €134,801
- Depreciation +€1,957
up €1,957 (+229.9%), from €851 to €2,808
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 | €175,408 | €187,540 | +€12,132 | +6.9% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €3,753 | €14,726 | +€10,973 | +292.4% |
| Tangible fixed assets | 22/27 | €3,753 | €14,726 | +€10,973 | +292.4% |
| Land and buildings | 22 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €3,753 | €3,908 | +€155 | +4.1% |
| Other tangible fixed assets | 26 | - | €10,818 | +€10,818 | |
| Current assets | 29/58 | €171,655 | €172,814 | +€1,159 | +0.7% |
| Amounts receivable after more than one year | 29 | €40,000 | €40,000 | = | 0.0% |
| Other amounts receivable | 291 | €40,000 | €40,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €3,386 | €7,575 | +€4,189 | +123.7% |
| Trade receivables | 40 | €0 | €3,000 | +€3,000 | |
| Other amounts receivable | 41 | €3,386 | €4,575 | +€1,189 | +35.1% |
| Current investments | 50/53 | €18,300 | €21,900 | +€3,600 | +19.7% |
| Cash at bank and in hand | 54/58 | €104,661 | €96,863 | -€7,798 | -7.5% |
| Deferred charges and accrued income | 490/1 | €5,308 | €6,476 | +€1,168 | +22.0% |
| Total equity and liabilities | 10/49 | €175,408 | €187,540 | +€12,132 | +6.9% |
| Equity | 10/15 | €74,337 | €48,387 | -€25,950 | -34.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €40,000 | €40,000 | = | 0.0% |
| Distributable reserves | 133 | €40,000 | €40,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €31,337 | €5,387 | -€25,950 | -82.8% |
| Amounts payable | 17/49 | €101,071 | €139,153 | +€38,082 | +37.7% |
| Amounts payable within one year | 42/48 | €101,071 | €139,153 | +€38,082 | +37.7% |
| Trade debts | 44 | €67 | €0 | -€67 | -100.0% |
| Suppliers | 440/4 | €67 | €0 | -€67 | -100.0% |
| Taxes, remuneration and social security | 45 | €29,843 | €22,200 | -€7,643 | -25.6% |
| Taxes | 450/3 | €29,843 | €22,200 | -€7,643 | -25.6% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €71,162 | €116,953 | +€45,791 | +64.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €851 | €2,808 | +€1,957 | +229.9% |
| Other operating charges | 640/8 | €399 | €15 | -€384 | -96.2% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €130,294 | €134,801 | +€4,507 | +3.5% |
| Operating profit (loss) | 9901 | €129,044 | €131,978 | +€2,934 | +2.3% |
| Financial income | 75/76B | €1,382 | €1,040 | -€342 | -24.7% |
| Recurring financial income | 75 | €1,382 | €1,040 | -€342 | -24.7% |
| Financial charges | 65/66B | €70 | €157 | +€86 | +122.6% |
| Recurring financial charges | 65 | €70 | €157 | +€86 | +122.6% |
| Profit (loss) for the period before taxes | 9903 | €130,355 | €132,861 | +€2,506 | +1.9% |
| Income taxes | 67/77 | €29,114 | €28,811 | -€303 | -1.0% |
| Profit (loss) for the period | 9904 | €101,242 | €104,050 | +€2,808 | +2.8% |
| Profit (loss) for the period to be appropriated | 9905 | €101,242 | €104,050 | +€2,808 | +2.8% |
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 4 October 2026 via checked.be.