MarLexCo: 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.
MarLexCo
Largest movements
- Cash +€60,219
up €60,219 (+184%), from €32,695 to €92,914
mainly Net result for the year (+€96,903) and Tax, wage and social debts (+€19,743)
- Current investments +€55,005
up €55,005 (+105%), from €52,495 to €107,500
- Reserves +€96,044
up €96,044 (+113%), from €85,269 to €181,314
- Tax, wage and social debts +€19,743
up €19,743 (+132%), from €14,987 to €34,730
- Gross operating margin +€14,609
up €14,609 (+13.5%), from €107,945 to €122,554
- Taxes +€5,089
up €5,089 (+22.9%), from €22,229 to €27,318
- Financial income +€2,425
up €2,425 (+238%), from €1,017 to €3,443
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 | €105,999 | €222,130 | +€116,131 | +110% |
| Fixed assets | 21/28 | €3,558 | €4,273 | +€715 | +20.1% |
| Tangible fixed assets | 22/27 | €3,558 | €4,273 | +€715 | +20.1% |
| Furniture and vehicles | 24 | €2,050 | €3,068 | +€1,019 | +49.7% |
| Other tangible fixed assets | 26 | €1,508 | €1,204 | -€304 | -20.1% |
| Current assets | 29/58 | €102,441 | €217,857 | +€115,416 | +113% |
| Amounts receivable within one year | 40/41 | €16,862 | €16,987 | +€124 | +0.7% |
| Trade receivables | 40 | €16,666 | €16,784 | +€118 | +0.7% |
| Other amounts receivable | 41 | €197 | €203 | +€6 | +3.0% |
| Current investments | 50/53 | €52,495 | €107,500 | +€55,005 | +105% |
| Cash at bank and in hand | 54/58 | €32,695 | €92,914 | +€60,219 | +184% |
| Deferred charges and accrued income | 490/1 | €388 | €456 | +€68 | +17.6% |
| Total equity and liabilities | 10/49 | €105,999 | €222,130 | +€116,131 | +110% |
| Equity | 10/15 | €87,269 | €183,314 | +€96,044 | +110% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €85,269 | €181,314 | +€96,044 | +113% |
| Distributable reserves | 133 | €85,269 | €181,314 | +€96,044 | +113% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €18,729 | €38,816 | +€20,087 | +107% |
| Amounts payable within one year | 42/48 | €18,729 | €38,816 | +€20,087 | +107% |
| Trade debts | 44 | €2,090 | €2,000 | -€90 | -4.3% |
| Suppliers | 440/4 | €2,090 | €2,000 | -€90 | -4.3% |
| Taxes, remuneration and social security | 45 | €14,987 | €34,730 | +€19,743 | +132% |
| Taxes | 450/3 | €14,987 | €34,730 | +€19,743 | +132% |
| Other amounts payable | 47/48 | €1,652 | €2,087 | +€434 | +26.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €605 | €1,517 | +€913 | +151% |
| Other operating charges | 640/8 | - | €100 | +€100 | |
| Gross operating margin | 9900 | €107,945 | €122,554 | +€14,609 | +13.5% |
| Operating profit (loss) | 9901 | €107,340 | €120,936 | +€13,596 | +12.7% |
| Financial income | 75/76B | €1,017 | €3,443 | +€2,425 | +238% |
| Recurring financial income | 75 | €1,017 | €3,443 | +€2,425 | +238% |
| Financial charges | 65/66B | - | €158 | +€158 | |
| Recurring financial charges | 65 | - | €158 | +€158 | |
| Profit (loss) for the period before taxes | 9903 | €108,357 | €124,221 | +€15,864 | +14.6% |
| Income taxes | 67/77 | €22,229 | €27,318 | +€5,089 | +22.9% |
| Profit (loss) for the period | 9904 | €86,128 | €96,903 | +€10,775 | +12.5% |
| Profit (loss) for the period to be appropriated | 9905 | €86,128 | €96,903 | +€10,775 | +12.5% |
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 14 October 2026 via checked.be.