MARQUEDENT: 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.
MARQUEDENT
Largest movements
- Cash +€37,159
up €37,159 (+50.2%), from €74,021 to €111,180
mainly Net result for the year (+€107,928) and Other debts (+€20,810)
- Receivables within one year -€16,900
down €16,900 (-30.5%), from €55,494 to €38,594
of which Other amounts receivable: -€18,256
- Tangible fixed assets -€4,110
down €4,110 (-22.2%), from €18,514 to €14,404
of which Plant, machinery and equipment: -€2,228
- Other debts +€20,810
new in 2025: €20,810
- Tax, wage and social debts -€15,231
down €15,231 (-81.9%), from €18,606 to €3,375
- Short-term financial debts +€8,000
up €8,000 (+40.0%), from €20,000 to €28,000
- Trade debts +€2,123
up €2,123 (+49.2%), from €4,316 to €6,439
- Gross operating margin +€43,158
up €43,158 (+41.5%), from €104,028 to €147,186
- Taxes +€4,490
up €4,490 (+15.9%), from €28,166 to €32,656
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 | €149,733 | €166,363 | +€16,630 | +11.1% |
| Fixed assets | 21/28 | €18,514 | €14,404 | -€4,110 | -22.2% |
| Tangible fixed assets | 22/27 | €18,514 | €14,404 | -€4,110 | -22.2% |
| Plant, machinery and equipment | 23 | €10,699 | €8,471 | -€2,228 | -20.8% |
| Furniture and vehicles | 24 | €7,815 | €5,933 | -€1,882 | -24.1% |
| Current assets | 29/58 | €131,219 | €151,959 | +€20,740 | +15.8% |
| Amounts receivable within one year | 40/41 | €55,494 | €38,594 | -€16,900 | -30.5% |
| Trade receivables | 40 | €33,767 | €35,123 | +€1,356 | +4.0% |
| Other amounts receivable | 41 | €21,727 | €3,471 | -€18,256 | -84.0% |
| Cash at bank and in hand | 54/58 | €74,021 | €111,180 | +€37,159 | +50.2% |
| Deferred charges and accrued income | 490/1 | €1,704 | €2,185 | +€481 | +28.2% |
| Total equity and liabilities | 10/49 | €149,733 | €166,363 | +€16,630 | +11.1% |
| Equity | 10/15 | €106,811 | €107,739 | +€928 | +0.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €87,860 | €87,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €86,000 | €86,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €351 | €1,279 | +€928 | +264% |
| Amounts payable | 17/49 | €42,922 | €58,624 | +€15,702 | +36.6% |
| Amounts payable within one year | 42/48 | €42,922 | €58,624 | +€15,702 | +36.6% |
| Financial debts | 43 | €20,000 | €28,000 | +€8,000 | +40.0% |
| Credit institutions | 430/8 | €20,000 | €28,000 | +€8,000 | +40.0% |
| Trade debts | 44 | €4,316 | €6,439 | +€2,123 | +49.2% |
| Suppliers | 440/4 | €4,316 | €6,439 | +€2,123 | +49.2% |
| Taxes, remuneration and social security | 45 | €18,606 | €3,375 | -€15,231 | -81.9% |
| Taxes | 450/3 | €18,606 | €3,375 | -€15,231 | -81.9% |
| Other amounts payable | 47/48 | - | €20,810 | +€20,810 | |
| Remuneration, social security and pensions | 62 | €2,130 | €2,130 | -€0 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,875 | €6,258 | -€617 | -9.0% |
| Gross operating margin | 9900 | €104,028 | €147,186 | +€43,158 | +41.5% |
| Operating profit (loss) | 9901 | €95,022 | €138,798 | +€43,776 | +46.1% |
| Financial income | 75/76B | €4,150 | €3,363 | -€787 | -19.0% |
| Recurring financial income | 75 | €4,150 | €3,363 | -€787 | -19.0% |
| Financial charges | 65/66B | €2,201 | €1,577 | -€624 | -28.3% |
| Recurring financial charges | 65 | €2,201 | €1,577 | -€624 | -28.3% |
| Profit (loss) for the period before taxes | 9903 | €96,972 | €140,584 | +€43,612 | +45.0% |
| Income taxes | 67/77 | €28,166 | €32,656 | +€4,490 | +15.9% |
| Profit (loss) for the period | 9904 | €68,805 | €107,928 | +€39,123 | +56.9% |
| Profit (loss) for the period to be appropriated | 9905 | €68,805 | €107,928 | +€39,123 | +56.9% |
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 15 October 2026 via checked.be.