MARQUET & CO: what changed
MARQUET & CO
Largest movements
- Cash +€15,367
up €15,367 (+9.2%), from €166,524 to €181,891
mainly Net result for the year (+€117,183) and Depreciation (+€14,057)
- Tangible fixed assets -€14,057
down €14,057 (-56.7%), from €24,782 to €10,725
of which Land and buildings: -€13,624
- Reserves +€20,238
up €20,238 (+15.7%), from €128,689 to €148,926
- Current portion of long-term debt -€8,424
down €8,424 (-83.1%), from €10,133 to €1,709
- Tax, wage and social debts -€7,827
down €7,827 (-21.2%), from €36,879 to €29,052
of which Taxes: -€8,741
- Financial income +€28,481
up €28,481 (+12,485%), from €228 to €28,709
of which Non-recurring financial income: +€28,000
- Taxes +€18,762
up €18,762 (+55.8%), from €33,633 to €52,395
- Gross operating margin +€4,591
up €4,591 (+2.7%), from €168,275 to €172,865
- Depreciation -€3,926
down €3,926 (-21.8%), from €17,983 to €14,057
- Other operating charges +€3,327
up €3,327 (+308%), from €1,080 to €4,408
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 | €194,286 | €195,508 | +€1,222 | +0.6% |
| Fixed assets | 21/28 | €27,348 | €13,305 | -€14,043 | -51.3% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €24,782 | €10,725 | -€14,057 | -56.7% |
| Land and buildings | 22 | €24,350 | €10,725 | -€13,624 | -56.0% |
| Furniture and vehicles | 24 | €432 | €0 | -€432 | -100% |
| Financial fixed assets | 28 | €2,566 | €2,579 | +€13 | +0.5% |
| Current assets | 29/58 | €166,938 | €182,203 | +€15,265 | +9.1% |
| Stocks and contracts in progress | 3 | €414 | €313 | -€101 | -24.5% |
| Stocks | 30/36 | €414 | €313 | -€101 | -24.5% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €166,524 | €181,891 | +€15,367 | +9.2% |
| Total equity and liabilities | 10/49 | €194,286 | €195,508 | +€1,222 | +0.6% |
| Equity | 10/15 | €134,889 | €155,126 | +€20,238 | +15.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €128,689 | €148,926 | +€20,238 | +15.7% |
| Distributable reserves | 133 | €128,689 | €148,926 | +€20,238 | +15.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €59,397 | €40,382 | -€19,015 | -32.0% |
| Amounts payable after more than one year | 17 | €1,709 | €0 | -€1,709 | -100% |
| Financial debts | 170/4 | €1,709 | €0 | -€1,709 | -100% |
| Amounts payable within one year | 42/48 | €57,689 | €40,382 | -€17,307 | -30.0% |
| Current portion of amounts payable after more than one year | 42 | €10,133 | €1,709 | -€8,424 | -83.1% |
| Trade debts | 44 | €10,654 | €9,575 | -€1,079 | -10.1% |
| Suppliers | 440/4 | €10,654 | €9,575 | -€1,079 | -10.1% |
| Taxes, remuneration and social security | 45 | €36,879 | €29,052 | -€7,827 | -21.2% |
| Taxes | 450/3 | €36,879 | €28,139 | -€8,741 | -23.7% |
| Remuneration and social security | 454/9 | €0 | €914 | +€914 | |
| Other amounts payable | 47/48 | €22 | €45 | +€23 | +105% |
| Remuneration, social security and pensions | 62 | €11,600 | €12,509 | +€910 | +7.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,983 | €14,057 | -€3,926 | -21.8% |
| Other operating charges | 640/8 | €1,080 | €4,408 | +€3,327 | +308% |
| Gross operating margin | 9900 | €168,275 | €172,865 | +€4,591 | +2.7% |
| Operating profit (loss) | 9901 | €137,612 | €141,891 | +€4,280 | +3.1% |
| Financial income | 75/76B | €228 | €28,709 | +€28,481 | +12,485% |
| Recurring financial income | 75 | €228 | €709 | +€481 | +211% |
| Non-recurring financial income | 76B | - | €28,000 | +€28,000 | |
| Financial charges | 65/66B | €860 | €1,022 | +€162 | +18.8% |
| Recurring financial charges | 65 | €860 | €1,022 | +€162 | +18.8% |
| Profit (loss) for the period before taxes | 9903 | €136,979 | €169,578 | +€32,598 | +23.8% |
| Income taxes | 67/77 | €33,633 | €52,395 | +€18,762 | +55.8% |
| Profit (loss) for the period | 9904 | €103,346 | €117,183 | +€13,836 | +13.4% |
| Profit (loss) for the period to be appropriated | 9905 | €103,346 | €117,183 | +€13,836 | +13.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.