Marnix-NK: 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.
Marnix-NK
Largest movements
- Cash -€5,673
down €5,673 (-74.3%), from €7,631 to €1,958
mainly Net result for the year (-€5,456) and Stocks and contracts (-€1,132)
- Stocks and contracts +€1,132
up €1,132 (+17.3%), from €6,525 to €7,657
- Tangible fixed assets -€384
down €384 (-100%), from €384 to €0
- Deferred charges and accrued income +€254
new in 2025: €254
- Receivables within one year +€243
up €243 (+128%), from €190 to €433
- Profit (loss) carried forward -€5,456
down €5,456 (-160%), from -€3,415 to -€8,871
- Trade debts +€1,418
up €1,418 (+249%), from €570 to €1,989
- Accrued charges and deferred income -€450
down €450 (-37.5%), from €1,200 to €750
- Gross operating margin -€8,151
down €8,151, from €4,988 to -€3,163
- Depreciation -€1,008
down €1,008 (-72.4%), from €1,392 to €384
- Financial charges +€156
up €156 (+15.3%), from €1,020 to €1,176
- Other operating charges -€55
down €55 (-7.0%), from €788 to €733
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 | €16,348 | €11,902 | -€4,447 | -27.2% |
| Fixed assets | 21/28 | €2,002 | €1,600 | -€402 | -20.1% |
| Tangible fixed assets | 22/27 | €384 | €0 | -€384 | -100% |
| Plant, machinery and equipment | 23 | €384 | €0 | -€384 | -100% |
| Financial fixed assets | 28 | €1,618 | €1,600 | -€18 | -1.1% |
| Current assets | 29/58 | €14,347 | €10,302 | -€4,045 | -28.2% |
| Stocks and contracts in progress | 3 | €6,525 | €7,657 | +€1,132 | +17.3% |
| Stocks | 30/36 | €6,525 | €7,657 | +€1,132 | +17.3% |
| Amounts receivable within one year | 40/41 | €190 | €433 | +€243 | +128% |
| Other amounts receivable | 41 | €190 | €433 | +€243 | +128% |
| Cash at bank and in hand | 54/58 | €7,631 | €1,958 | -€5,673 | -74.3% |
| Deferred charges and accrued income | 490/1 | - | €254 | +€254 | |
| Total equity and liabilities | 10/49 | €16,348 | €11,902 | -€4,447 | -27.2% |
| Equity | 10/15 | €7,285 | €1,830 | -€5,456 | -74.9% |
| Contributions | 10/11 | €10,700 | €10,700 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,415 | -€8,871 | -€5,456 | -160% |
| Amounts payable | 17/49 | €9,063 | €10,072 | +€1,009 | +11.1% |
| Amounts payable within one year | 42/48 | €7,863 | €9,322 | +€1,459 | +18.6% |
| Trade debts | 44 | €570 | €1,989 | +€1,418 | +249% |
| Suppliers | 440/4 | €570 | €1,989 | +€1,418 | +249% |
| Other amounts payable | 47/48 | €7,293 | €7,333 | +€40 | +0.6% |
| Accrued charges and deferred income | 492/3 | €1,200 | €750 | -€450 | -37.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,392 | €384 | -€1,008 | -72.4% |
| Other operating charges | 640/8 | €788 | €733 | -€55 | -7.0% |
| Gross operating margin | 9900 | €4,988 | -€3,163 | -€8,151 | |
| Operating profit (loss) | 9901 | €2,807 | -€4,280 | -€7,087 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €1,020 | €1,176 | +€156 | +15.3% |
| Recurring financial charges | 65 | €1,020 | €1,176 | +€156 | +15.3% |
| Profit (loss) for the period before taxes | 9903 | €1,787 | -€5,456 | -€7,243 | |
| Profit (loss) for the period | 9904 | €1,787 | -€5,456 | -€7,243 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,787 | -€5,456 | -€7,243 |
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 19 October 2026 via checked.be.