Marlies Martin: 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.
Marlies Martin
Largest movements
- Receivables within one year -€10,200
down €10,200 (-74.1%), from €13,763 to €3,563
of which Trade receivables: -€13,763
- Cash -€7,441
down €7,441 (-68.8%), from €10,811 to €3,371
mainly Tax, wage and social debts (-€10,532) and Net result for the year (-€9,609)
- Deferred charges and accrued income +€1,333
new in 2025: €1,333
- Tax, wage and social debts -€10,532
down €10,532 (-96.4%), from €10,920 to €388
- Profit (loss) carried forward -€9,609
new in 2025: -€9,609
- Other debts +€3,251
up €3,251 (+752%), from €432 to €3,683
- Trade debts +€582
up €582 (+2,136%), from €27 to €609
- Gross operating margin -€22,314
down €22,314, from €14,193 to -€8,121
- Taxes -€2,987
down €2,987 (-88.5%), from €3,375 to €388
- Financial charges +€198
up €198 (+258%), from €77 to €274
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 | €24,574 | €8,266 | -€16,308 | -66.4% |
| Current assets | 29/58 | €24,574 | €8,266 | -€16,308 | -66.4% |
| Amounts receivable within one year | 40/41 | €13,763 | €3,563 | -€10,200 | -74.1% |
| Trade receivables | 40 | €13,763 | €0 | -€13,763 | -100% |
| Other amounts receivable | 41 | - | €3,563 | +€3,563 | |
| Cash at bank and in hand | 54/58 | €10,811 | €3,371 | -€7,441 | -68.8% |
| Deferred charges and accrued income | 490/1 | - | €1,333 | +€1,333 | |
| Total equity and liabilities | 10/49 | €24,574 | €8,266 | -€16,308 | -66.4% |
| Equity | 10/15 | €13,195 | €3,586 | -€9,609 | -72.8% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €9,195 | €9,195 | = | 0.0% |
| Distributable reserves | 133 | €9,195 | €9,195 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€9,609 | -€9,609 | |
| Amounts payable | 17/49 | €11,380 | €4,680 | -€6,700 | -58.9% |
| Amounts payable within one year | 42/48 | €11,380 | €4,680 | -€6,700 | -58.9% |
| Trade debts | 44 | €27 | €609 | +€582 | +2,136% |
| Suppliers | 440/4 | €27 | €609 | +€582 | +2,136% |
| Taxes, remuneration and social security | 45 | €10,920 | €388 | -€10,532 | -96.4% |
| Taxes | 450/3 | €10,920 | €388 | -€10,532 | -96.4% |
| Other amounts payable | 47/48 | €432 | €3,683 | +€3,251 | +752% |
| Other operating charges | 640/8 | €688 | €826 | +€138 | +20.0% |
| Gross operating margin | 9900 | €14,193 | -€8,121 | -€22,314 | |
| Operating profit (loss) | 9901 | €13,505 | -€8,946 | -€22,452 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €77 | €274 | +€198 | +258% |
| Recurring financial charges | 65 | €77 | €274 | +€198 | +258% |
| Profit (loss) for the period before taxes | 9903 | €13,429 | -€9,221 | -€22,649 | |
| Income taxes | 67/77 | €3,375 | €388 | -€2,987 | -88.5% |
| Profit (loss) for the period | 9904 | €10,054 | -€9,609 | -€19,662 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,054 | -€9,609 | -€19,662 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.