MARQUE D: 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.
MARQUE D
Largest movements
- Receivables within one year -€1,467
down €1,467 (-4.4%), from €33,447 to €31,980
of which Other amounts receivable: -€4,540
- Tangible fixed assets -€865
down €865 (-42.5%), from €2,033 to €1,168
- Profit (loss) carried forward -€5,973
down €5,973 (-18.5%), from -€32,358 to -€38,331
- Trade debts +€3,127
up €3,127 (+182%), from €1,716 to €4,843
- Other debts +€532
up €532 (+1.0%), from €53,392 to €53,924
- Depreciation -€328
down €328 (-27.5%), from €1,193 to €865
- Gross operating margin -€229
down €229 (-5.3%), from -€4,353 to -€4,582
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 | €43,201 | €40,887 | -€2,314 | -5.4% |
| Fixed assets | 21/28 | €2,258 | €1,393 | -€865 | -38.3% |
| Tangible fixed assets | 22/27 | €2,033 | €1,168 | -€865 | -42.5% |
| Plant, machinery and equipment | 23 | €2,033 | €1,168 | -€865 | -42.5% |
| Financial fixed assets | 28 | €225 | €225 | = | 0.0% |
| Current assets | 29/58 | €40,943 | €39,494 | -€1,449 | -3.5% |
| Stocks and contracts in progress | 3 | €7,275 | €7,275 | = | 0.0% |
| Stocks | 30/36 | €7,275 | €7,275 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €33,447 | €31,980 | -€1,467 | -4.4% |
| Trade receivables | 40 | €28,737 | €31,810 | +€3,073 | +10.7% |
| Other amounts receivable | 41 | €4,710 | €170 | -€4,540 | -96.4% |
| Cash at bank and in hand | 54/58 | €221 | €239 | +€18 | +8.1% |
| Total equity and liabilities | 10/49 | €43,201 | €40,887 | -€2,314 | -5.4% |
| Equity | 10/15 | -€11,907 | -€17,880 | -€5,973 | -50.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€32,358 | -€38,331 | -€5,973 | -18.5% |
| Amounts payable | 17/49 | €55,108 | €58,767 | +€3,659 | +6.6% |
| Amounts payable within one year | 42/48 | €55,108 | €58,767 | +€3,659 | +6.6% |
| Trade debts | 44 | €1,716 | €4,843 | +€3,127 | +182% |
| Suppliers | 440/4 | €1,716 | €4,843 | +€3,127 | +182% |
| Other amounts payable | 47/48 | €53,392 | €53,924 | +€532 | +1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,193 | €865 | -€328 | -27.5% |
| Other operating charges | 640/8 | €508 | €472 | -€36 | -7.1% |
| Gross operating margin | 9900 | -€4,353 | -€4,582 | -€229 | -5.3% |
| Operating profit (loss) | 9901 | -€6,054 | -€5,919 | +€135 | +2.2% |
| Financial charges | 65/66B | €64 | €54 | -€10 | -15.6% |
| Recurring financial charges | 65 | €64 | €54 | -€10 | -15.6% |
| Profit (loss) for the period before taxes | 9903 | -€6,118 | -€5,973 | +€145 | +2.4% |
| Profit (loss) for the period | 9904 | -€6,118 | -€5,973 | +€145 | +2.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,118 | -€5,973 | +€145 | +2.4% |
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 31 October 2026 via checked.be.