MARNIK WYNS: what changed
MARNIK WYNS
Largest movements
- Cash +€74,059
up €74,059 (+112%), from €65,981 to €140,040
mainly Net result for the year (+€39,853) and Depreciation (+€29,216)
- Receivables within one year -€16,505
down €16,505 (-62.2%), from €26,515 to €10,011
of which Trade receivables: -€11,752
- Tangible fixed assets -€15,104
down €15,104 (-6.2%), from €244,561 to €229,457
of which Furniture and vehicles: -€15,634
- Current investments -€6,761
down €6,761 (-45.1%), from €15,000 to €8,239
- Deferred charges and accrued income -€5,340
down €5,340 (-72.9%), from €7,323 to €1,982
- Reserves +€39,853
up €39,853 (+103%), from €38,663 to €78,516
- Debts after one year -€20,162
down €20,162 (-13.3%), from €151,426 to €131,264
- Tax, wage and social debts +€6,462
up €6,462 (+172%), from €3,755 to €10,217
- Staff costs -€19,266
down €19,266 (-15.7%), from €122,446 to €103,180
- Gross operating margin -€9,891
down €9,891 (-4.8%), from €204,968 to €195,077
- Depreciation +€3,684
up €3,684 (+14.4%), from €25,533 to €29,216
- Taxes +€3,102
up €3,102 (+24.4%), from €12,707 to €15,809
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 | €359,380 | €389,729 | +€30,350 | +8.4% |
| Fixed assets | 21/28 | €244,561 | €229,457 | -€15,104 | -6.2% |
| Tangible fixed assets | 22/27 | €244,561 | €229,457 | -€15,104 | -6.2% |
| Land and buildings | 22 | €187,352 | €181,923 | -€5,430 | -2.9% |
| Plant, machinery and equipment | 23 | €9,786 | €15,746 | +€5,960 | +60.9% |
| Furniture and vehicles | 24 | €47,422 | €31,788 | -€15,634 | -33.0% |
| Current assets | 29/58 | €114,819 | €160,272 | +€45,453 | +39.6% |
| Amounts receivable within one year | 40/41 | €26,515 | €10,011 | -€16,505 | -62.2% |
| Trade receivables | 40 | €11,752 | - | -€11,752 | |
| Other amounts receivable | 41 | €14,763 | €10,011 | -€4,753 | -32.2% |
| Current investments | 50/53 | €15,000 | €8,239 | -€6,761 | -45.1% |
| Cash at bank and in hand | 54/58 | €65,981 | €140,040 | +€74,059 | +112% |
| Deferred charges and accrued income | 490/1 | €7,323 | €1,982 | -€5,340 | -72.9% |
| Total equity and liabilities | 10/49 | €359,380 | €389,729 | +€30,350 | +8.4% |
| Equity | 10/15 | €59,263 | €99,116 | +€39,853 | +67.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €38,663 | €78,516 | +€39,853 | +103% |
| Distributable reserves | 133 | €38,663 | €78,516 | +€39,853 | +103% |
| Profit (loss) carried forward | 14 | €2,000 | €2,000 | = | 0.0% |
| Amounts payable | 17/49 | €300,117 | €290,613 | -€9,504 | -3.2% |
| Amounts payable after more than one year | 17 | €151,426 | €131,264 | -€20,162 | -13.3% |
| Financial debts | 170/4 | €151,426 | €131,264 | -€20,162 | -13.3% |
| Amounts payable within one year | 42/48 | €148,672 | €159,254 | +€10,582 | +7.1% |
| Current portion of amounts payable after more than one year | 42 | €19,382 | €20,162 | +€779 | +4.0% |
| Trade debts | 44 | €10,144 | €12,736 | +€2,592 | +25.6% |
| Suppliers | 440/4 | €10,144 | €12,736 | +€2,592 | +25.6% |
| Taxes, remuneration and social security | 45 | €3,755 | €10,217 | +€6,462 | +172% |
| Taxes | 450/3 | €3,755 | €10,217 | +€6,462 | +172% |
| Other amounts payable | 47/48 | €115,391 | €116,140 | +€749 | +0.6% |
| Accrued charges and deferred income | 492/3 | €20 | €95 | +€75 | +384% |
| Remuneration, social security and pensions | 62 | €122,446 | €103,180 | -€19,266 | -15.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,533 | €29,216 | +€3,684 | +14.4% |
| Other operating charges | 640/8 | €1,401 | €895 | -€507 | -36.2% |
| Non-recurring operating charges | 66A | €54 | - | -€54 | |
| Gross operating margin | 9900 | €204,968 | €195,077 | -€9,891 | -4.8% |
| Operating profit (loss) | 9901 | €55,535 | €61,786 | +€6,251 | +11.3% |
| Financial income | 75/76B | €2,584 | €619 | -€1,965 | -76.0% |
| Recurring financial income | 75 | €2,584 | €619 | -€1,965 | -76.0% |
| Financial charges | 65/66B | €6,609 | €6,742 | +€133 | +2.0% |
| Recurring financial charges | 65 | €6,609 | €6,742 | +€133 | +2.0% |
| Profit (loss) for the period before taxes | 9903 | €51,509 | €55,662 | +€4,153 | +8.1% |
| Income taxes | 67/77 | €12,707 | €15,809 | +€3,102 | +24.4% |
| Profit (loss) for the period | 9904 | €38,803 | €39,853 | +€1,051 | +2.7% |
| Profit (loss) for the period to be appropriated | 9905 | €38,803 | €39,853 | +€1,051 | +2.7% |
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.