MARKT 94: 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.
MARKT 94
Largest movements
- Cash -€7,304
down €7,304 (-86.7%), from €8,421 to €1,117
mainly Trade debts (-€23,852) and Tax, wage and social debts (-€15,841)
- Receivables within one year +€3,285
new in 2025: €3,285
- Tangible fixed assets +€2,826
up €2,826 (+541.8%), from €522 to €3,348
of which Plant, machinery and equipment: +€1,639
- Trade debts -€23,852
down €23,852 (-73.3%), from €32,560 to €8,708
- Other debts +€22,182
up €22,182 (+1706.1%), from €1,300 to €23,482
- Profit (loss) carried forward +€16,382
up €16,382 (+36.7%), from -€44,642 to -€28,260
- Tax, wage and social debts -€15,841
down €15,841 (-89.7%), from €17,659 to €1,819
of which Taxes: -€9,019
- Staff costs -€83,586
down €83,586 (-94.5%), from €88,472 to €4,886
- Gross operating margin -€22,406
down €22,406 (-47.6%), from €47,105 to €24,699
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 | €8,942 | €7,749 | -€1,194 | -13.3% |
| Fixed assets | 21/28 | €522 | €3,348 | +€2,826 | +541.8% |
| Tangible fixed assets | 22/27 | €522 | €3,348 | +€2,826 | +541.8% |
| Plant, machinery and equipment | 23 | - | €1,639 | +€1,639 | |
| Furniture and vehicles | 24 | €522 | €1,709 | +€1,188 | +227.7% |
| Current assets | 29/58 | €8,421 | €4,401 | -€4,020 | -47.7% |
| Amounts receivable within one year | 40/41 | - | €3,285 | +€3,285 | |
| Trade receivables | 40 | - | €3,285 | +€3,285 | |
| Cash at bank and in hand | 54/58 | €8,421 | €1,117 | -€7,304 | -86.7% |
| Total equity and liabilities | 10/49 | €8,942 | €7,749 | -€1,194 | -13.3% |
| Equity | 10/15 | -€42,642 | -€26,260 | +€16,382 | +38.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€44,642 | -€28,260 | +€16,382 | +36.7% |
| Amounts payable | 17/49 | €51,584 | €34,009 | -€17,575 | -34.1% |
| Amounts payable within one year | 42/48 | €51,520 | €34,009 | -€17,511 | -34.0% |
| Trade debts | 44 | €32,560 | €8,708 | -€23,852 | -73.3% |
| Suppliers | 440/4 | €32,560 | €8,708 | -€23,852 | -73.3% |
| Taxes, remuneration and social security | 45 | €17,659 | €1,819 | -€15,841 | -89.7% |
| Taxes | 450/3 | €10,838 | €1,819 | -€9,019 | -83.2% |
| Remuneration and social security | 454/9 | €6,822 | €0 | -€6,822 | -100.0% |
| Other amounts payable | 47/48 | €1,300 | €23,482 | +€22,182 | +1706.1% |
| Accrued charges and deferred income | 492/3 | €64 | - | -€64 | |
| Remuneration, social security and pensions | 62 | €88,472 | €4,886 | -€83,586 | -94.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12 | €377 | +€365 | +2978.0% |
| Other operating charges | 640/8 | €2,759 | €2,720 | -€39 | -1.4% |
| Gross operating margin | 9900 | €47,105 | €24,699 | -€22,406 | -47.6% |
| Operating profit (loss) | 9901 | -€44,139 | €16,716 | +€60,855 | |
| Financial charges | 65/66B | €503 | €334 | -€169 | -33.5% |
| Recurring financial charges | 65 | €503 | €334 | -€169 | -33.5% |
| Profit (loss) for the period before taxes | 9903 | -€44,642 | €16,382 | +€61,023 | |
| Profit (loss) for the period | 9904 | -€44,642 | €16,382 | +€61,023 | |
| Profit (loss) for the period to be appropriated | 9905 | -€44,642 | €16,382 | +€61,023 |
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 3 October 2026 via checked.be.