MARQUIZE: 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.
MARQUIZE
Largest movements
- Cash -€48,008
down €48,008 (-18.9%), from €253,376 to €205,368
mainly Current portion of long-term debt (-€27,217) and Net result for the year (-€16,471)
- Tangible fixed assets -€10,148
down €10,148 (-3.9%), from €261,103 to €250,955
of which Land and buildings: -€8,560
- Current portion of long-term debt -€27,217
down €27,217 (-91.5%), from €29,746 to €2,529
- Reserves -€16,471
down €16,471 (-3.9%), from €419,156 to €402,685
- Tax, wage and social debts -€7,644
down €7,644 (-83.1%), from €9,197 to €1,553
- Gross operating margin -€91,826
down €91,826, from €91,597 to -€229
- Taxes -€23,940
down €23,940 (-99.3%), from €24,115 to €175
- Financial charges -€1,307
down €1,307 (-43.5%), from €3,002 to €1,695
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.
Cash bridge derived
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 | €520,323 | €463,103 | -€57,220 | -11.0% |
| Fixed assets | 21/28 | €261,103 | €250,955 | -€10,148 | -3.9% |
| Tangible fixed assets | 22/27 | €261,103 | €250,955 | -€10,148 | -3.9% |
| Land and buildings | 22 | €257,510 | €248,951 | -€8,560 | -3.3% |
| Furniture and vehicles | 24 | €3,593 | €2,005 | -€1,588 | -44.2% |
| Current assets | 29/58 | €259,220 | €212,147 | -€47,073 | -18.2% |
| Amounts receivable within one year | 40/41 | €3,776 | €4,598 | +€822 | +21.8% |
| Trade receivables | 40 | €3,776 | €4,598 | +€822 | +21.8% |
| Cash at bank and in hand | 54/58 | €253,376 | €205,368 | -€48,008 | -18.9% |
| Deferred charges and accrued income | 490/1 | €2,068 | €2,181 | +€113 | +5.5% |
| Total equity and liabilities | 10/49 | €520,323 | €463,103 | -€57,220 | -11.0% |
| Equity | 10/15 | €437,756 | €421,285 | -€16,471 | -3.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €419,156 | €402,685 | -€16,471 | -3.9% |
| Distributable reserves | 133 | €419,156 | €402,685 | -€16,471 | -3.9% |
| Provisions and deferred taxes | 16 | €15,891 | €15,891 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €15,891 | €15,891 | = | 0.0% |
| Pensions and similar obligations | 160 | €15,891 | €15,891 | = | 0.0% |
| Amounts payable | 17/49 | €66,675 | €25,926 | -€40,749 | -61.1% |
| Amounts payable after more than one year | 17 | €21,353 | €18,824 | -€2,529 | -11.8% |
| Financial debts | 170/4 | €2,529 | - | -€2,529 | |
| Other amounts payable | 178/9 | €18,824 | €18,824 | = | 0.0% |
| Amounts payable within one year | 42/48 | €45,322 | €7,102 | -€38,220 | -84.3% |
| Current portion of amounts payable after more than one year | 42 | €29,746 | €2,529 | -€27,217 | -91.5% |
| Trade debts | 44 | €200 | €82 | -€118 | -59.0% |
| Suppliers | 440/4 | €200 | €82 | -€118 | -59.0% |
| Taxes, remuneration and social security | 45 | €9,197 | €1,553 | -€7,644 | -83.1% |
| Taxes | 450/3 | €9,197 | €1,553 | -€7,644 | -83.1% |
| Other amounts payable | 47/48 | €6,179 | €2,938 | -€3,241 | -52.5% |
| Non-recurring operating income | 76A | €87,132 | - | -€87,132 | |
| Remuneration, social security and pensions | 62 | -€117 | - | +€117 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,188 | €12,358 | +€170 | +1.4% |
| Other operating charges | 640/8 | €2,376 | €2,015 | -€362 | -15.2% |
| Gross operating margin | 9900 | €91,597 | -€229 | -€91,826 | |
| Operating profit (loss) | 9901 | €77,150 | -€14,601 | -€91,752 | |
| Financial charges | 65/66B | €3,002 | €1,695 | -€1,307 | -43.5% |
| Recurring financial charges | 65 | €3,002 | €1,695 | -€1,307 | -43.5% |
| Profit (loss) for the period before taxes | 9903 | €74,148 | -€16,296 | -€90,445 | |
| Income taxes | 67/77 | €24,115 | €175 | -€23,940 | -99.3% |
| Profit (loss) for the period | 9904 | €50,033 | -€16,471 | -€66,505 | |
| Profit (loss) for the period to be appropriated | 9905 | €50,033 | -€16,471 | -€66,505 |
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 9 October 2026 via checked.be.