Marlène Zurstrassen: what changed
Marlène Zurstrassen
Largest movements
- Receivables within one year +€5,954
up €5,954 (+57.8%), from €10,296 to €16,250
of which Trade receivables: +€10,321
- Cash -€5,143
down €5,143 (-50.0%), from €10,289 to €5,146
mainly Receivables within one year (-€5,954) and Other debts (-€3,517)
- Tangible fixed assets -€2,386
down €2,386 (-74.8%), from €3,192 to €806
- Deferred charges and accrued income +€499
new in 2025: €499
- Tax, wage and social debts +€5,827
up €5,827 (+43.8%), from €13,308 to €19,134
of which Remuneration and social security: +€14,032
- Other debts -€3,517
down €3,517 (-97.6%), from €3,602 to €85
- Trade debts -€3,168
down €3,168 (-75.9%), from €4,174 to €1,006
- Gross operating margin +€13,717
up €13,717, from -€5,336 to €8,382
- Other operating charges +€4,412
up €4,412 (+300%), from €1,470 to €5,882
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €23,777 | €22,701 | -€1,076 | -4.5% |
| Fixed assets | 21/28 | €3,192 | €806 | -€2,386 | -74.8% |
| Tangible fixed assets | 22/27 | €3,192 | €806 | -€2,386 | -74.8% |
| Furniture and vehicles | 24 | €3,192 | €806 | -€2,386 | -74.8% |
| Current assets | 29/58 | €20,584 | €21,895 | +€1,310 | +6.4% |
| Amounts receivable within one year | 40/41 | €10,296 | €16,250 | +€5,954 | +57.8% |
| Trade receivables | 40 | €5,929 | €16,250 | +€10,321 | +174% |
| Other amounts receivable | 41 | €4,367 | - | -€4,367 | |
| Cash at bank and in hand | 54/58 | €10,289 | €5,146 | -€5,143 | -50.0% |
| Deferred charges and accrued income | 490/1 | - | €499 | +€499 | |
| Total equity and liabilities | 10/49 | €23,777 | €22,701 | -€1,076 | -4.5% |
| Equity | 10/15 | €2,694 | €2,476 | -€218 | -8.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €9,230 | €9,230 | = | 0.0% |
| Distributable reserves | 133 | €9,230 | €9,230 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,536 | -€9,754 | -€218 | -2.3% |
| Amounts payable | 17/49 | €21,083 | €20,225 | -€858 | -4.1% |
| Amounts payable within one year | 42/48 | €21,083 | €20,225 | -€858 | -4.1% |
| Trade debts | 44 | €4,174 | €1,006 | -€3,168 | -75.9% |
| Suppliers | 440/4 | €4,174 | €1,006 | -€3,168 | -75.9% |
| Taxes, remuneration and social security | 45 | €13,308 | €19,134 | +€5,827 | +43.8% |
| Taxes | 450/3 | €13,174 | €4,969 | -€8,205 | -62.3% |
| Remuneration and social security | 454/9 | €134 | €14,166 | +€14,032 | +10,491% |
| Other amounts payable | 47/48 | €3,602 | €85 | -€3,517 | -97.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,386 | €2,386 | = | 0.0% |
| Other operating charges | 640/8 | €1,470 | €5,882 | +€4,412 | +300% |
| Gross operating margin | 9900 | -€5,336 | €8,382 | +€13,717 | |
| Operating profit (loss) | 9901 | -€9,193 | €113 | +€9,305 | |
| Financial charges | 65/66B | €204 | €198 | -€6 | -2.7% |
| Recurring financial charges | 65 | €204 | €198 | -€6 | -2.7% |
| Profit (loss) for the period before taxes | 9903 | -€9,397 | -€86 | +€9,311 | +99.1% |
| Income taxes | 67/77 | €140 | €132 | -€8 | -5.4% |
| Profit (loss) for the period | 9904 | -€9,536 | -€218 | +€9,319 | +97.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,536 | -€218 | +€9,319 | +97.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.