MARKTINVEST: 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.
MARKTINVEST
Largest movements
- Cash -€154,218
down €154,218 (-71.1%), from €217,042 to €62,824
mainly Net result for the year (-€98,867) and Debts after one year (-€81,667)
- Tangible fixed assets -€17,570
down €17,570 (-1.9%), from €917,272 to €899,702
- Receivables within one year -€14,700
no longer reported in 2025 (was €14,700)
of which Other amounts receivable: -€8,700
- Profit (loss) carried forward -€98,867
down €98,867 (-368%), from -€26,884 to -€125,751
- Debts after one year -€81,667
down €81,667 (-17.2%), from €475,333 to €393,667
- Gross operating margin -€178,237
down €178,237, from €140,546 to -€37,691
- Financial charges -€12,040
down €12,040 (-40.8%), from €29,483 to €17,444
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.
Derived cash bridge
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 | €1,150,457 | €962,526 | -€187,931 | -16.3% |
| Fixed assets | 21/28 | €917,272 | €899,702 | -€17,570 | -1.9% |
| Tangible fixed assets | 22/27 | €917,272 | €899,702 | -€17,570 | -1.9% |
| Land and buildings | 22 | €917,272 | €899,702 | -€17,570 | -1.9% |
| Current assets | 29/58 | €233,185 | €62,824 | -€170,361 | -73.1% |
| Amounts receivable within one year | 40/41 | €14,700 | - | -€14,700 | |
| Trade receivables | 40 | €6,000 | - | -€6,000 | |
| Other amounts receivable | 41 | €8,700 | - | -€8,700 | |
| Cash at bank and in hand | 54/58 | €217,042 | €62,824 | -€154,218 | -71.1% |
| Deferred charges and accrued income | 490/1 | €1,444 | - | -€1,444 | |
| Total equity and liabilities | 10/49 | €1,150,457 | €962,526 | -€187,931 | -16.3% |
| Equity | 10/15 | €183,217 | €84,350 | -€98,867 | -54.0% |
| Contributions | 10/11 | €120,000 | €120,000 | = | 0.0% |
| Capital | 10 | €120,000 | €120,000 | = | 0.0% |
| Issued capital | 100 | €120,000 | €120,000 | = | 0.0% |
| Reserves | 13 | €90,101 | €90,101 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,700 | €4,700 | = | 0.0% |
| Legal reserve | 130 | €4,700 | €4,700 | = | 0.0% |
| Tax-exempt reserves | 132 | €85,401 | €85,401 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,884 | -€125,751 | -€98,867 | -368% |
| Provisions and deferred taxes | 16 | €28,467 | €28,467 | = | 0.0% |
| Deferred taxes | 168 | €28,467 | €28,467 | = | 0.0% |
| Amounts payable | 17/49 | €938,774 | €849,709 | -€89,065 | -9.5% |
| Amounts payable after more than one year | 17 | €475,333 | €393,667 | -€81,667 | -17.2% |
| Financial debts | 170/4 | €475,333 | €393,667 | -€81,667 | -17.2% |
| Amounts payable within one year | 42/48 | €463,440 | €456,042 | -€7,398 | -1.6% |
| Trade debts | 44 | €157,578 | €157,593 | +€15 | 0.0% |
| Suppliers | 440/4 | €157,578 | €157,593 | +€15 | 0.0% |
| Other amounts payable | 47/48 | €305,862 | €298,449 | -€7,413 | -2.4% |
| Non-recurring operating income | 76A | €113,868 | - | -€113,868 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,369 | €42,639 | +€270 | +0.6% |
| Other operating charges | 640/8 | €1,022 | €1,093 | +€71 | +6.9% |
| Gross operating margin | 9900 | €140,546 | -€37,691 | -€178,237 | |
| Operating profit (loss) | 9901 | €97,154 | -€81,423 | -€178,577 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -90.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -90.0% |
| Financial charges | 65/66B | €29,483 | €17,444 | -€12,040 | -40.8% |
| Recurring financial charges | 65 | €29,483 | €17,444 | -€12,040 | -40.8% |
| Profit (loss) for the period before taxes | 9903 | €67,671 | -€98,867 | -€166,538 | |
| Transfer to deferred taxes | 680 | €28,467 | - | -€28,467 | |
| Profit (loss) for the period | 9904 | €39,204 | -€98,867 | -€138,071 | |
| Transfer to tax-exempt reserves | 689 | €85,401 | - | -€85,401 | |
| Profit (loss) for the period to be appropriated | 9905 | -€46,197 | -€98,867 | -€52,670 | -114% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.