MARKOU & PARTNERS: 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.
MARKOU & PARTNERS
Largest movements
- Cash +€55,468
up €55,468 (+66.5%), from €83,420 to €138,888
mainly Net result for the year (+€76,066) and Contributions, distributions and other (+€1)
- Receivables within one year +€2,517
up €2,517 (+90.1%), from €2,794 to €5,311
- Profit (loss) carried forward +€46,067
up €46,067 (+107.2%), from €42,981 to €89,048
- Reserves +€30,000
up €30,000 (+230.4%), from €13,022 to €43,022
- Tax, wage and social debts -€16,679
down €16,679 (-68.9%), from €24,214 to €7,535
of which Taxes: -€13,702
- Taxes -€46,470
down €46,470, from €30,104 to -€16,366
- Gross operating margin +€14,863
up €14,863 (+31.8%), from €46,666 to €61,529
- Staff costs -€2,117
down €2,117 (-63.8%), from €3,317 to €1,200
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 | €86,214 | €144,199 | +€57,985 | +67.3% |
| Current assets | 29/58 | €86,214 | €144,199 | +€57,985 | +67.3% |
| Amounts receivable within one year | 40/41 | €2,794 | €5,311 | +€2,517 | +90.1% |
| Other amounts receivable | 41 | €2,794 | €5,311 | +€2,517 | +90.1% |
| Cash at bank and in hand | 54/58 | €83,420 | €138,888 | +€55,468 | +66.5% |
| Total equity and liabilities | 10/49 | €86,214 | €144,199 | +€57,985 | +67.3% |
| Equity | 10/15 | €59,003 | €135,070 | +€76,067 | +128.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €13,022 | €43,022 | +€30,000 | +230.4% |
| Distributable reserves | 133 | €13,022 | €43,022 | +€30,000 | +230.4% |
| Profit (loss) carried forward | 14 | €42,981 | €89,048 | +€46,067 | +107.2% |
| Amounts payable | 17/49 | €27,211 | €9,129 | -€18,082 | -66.5% |
| Amounts payable within one year | 42/48 | €27,211 | €9,129 | -€18,082 | -66.5% |
| Trade debts | 44 | €2,997 | €1,594 | -€1,403 | -46.8% |
| Suppliers | 440/4 | €2,997 | €1,594 | -€1,403 | -46.8% |
| Taxes, remuneration and social security | 45 | €24,214 | €7,535 | -€16,679 | -68.9% |
| Taxes | 450/3 | €21,237 | €7,535 | -€13,702 | -64.5% |
| Remuneration and social security | 454/9 | €2,977 | - | -€2,977 | |
| Remuneration, social security and pensions | 62 | €3,317 | €1,200 | -€2,117 | -63.8% |
| Other operating charges | 640/8 | - | €400 | +€400 | |
| Gross operating margin | 9900 | €46,666 | €61,529 | +€14,863 | +31.8% |
| Operating profit (loss) | 9901 | €43,349 | €59,929 | +€16,580 | +38.2% |
| Financial charges | 65/66B | €223 | €229 | +€6 | +2.7% |
| Recurring financial charges | 65 | €223 | €229 | +€6 | +2.7% |
| Profit (loss) for the period before taxes | 9903 | €43,126 | €59,700 | +€16,574 | +38.4% |
| Income taxes | 67/77 | €30,104 | -€16,366 | -€46,470 | |
| Profit (loss) for the period | 9904 | €13,022 | €76,066 | +€63,044 | +484.1% |
| Profit (loss) for the period to be appropriated | 9905 | €13,022 | €76,066 | +€63,044 | +484.1% |
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 10 October 2026 via checked.be.