MARS ET VENUS: 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.
MARS ET VENUS
Largest movements
- Receivables within one year +€14,897
up €14,897 (+495%), from €3,008 to €17,905
of which Trade receivables: +€14,839
- Tangible fixed assets -€5,420
down €5,420 (-36.3%), from €14,930 to €9,511
of which Furniture and vehicles: -€3,440
- Profit (loss) carried forward +€11,033
up €11,033 (+21.9%), from -€50,420 to -€39,387
- Tax, wage and social debts -€4,190
down €4,190 (-19.4%), from €21,596 to €17,407
of which Remuneration and social security: -€2,386
- Other debts +€3,403
up €3,403 (+17.4%), from €19,595 to €22,998
- Current portion of long-term debt -€2,486
down €2,486 (-76.7%), from €3,240 to €754
- Trade debts +€1,795
up €1,795 (+38.5%), from €4,664 to €6,459
- Staff costs -€24,547
down €24,547 (-60.8%), from €40,402 to €15,856
- Gross operating margin +€3,454
up €3,454 (+11.0%), from €31,317 to €34,772
- Financial charges -€729
down €729 (-40.4%), from €1,802 to €1,073
- Depreciation +€671
up €671 (+14.1%), from €4,749 to €5,420
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 | €23,918 | €32,989 | +€9,071 | +37.9% |
| Fixed assets | 21/28 | €15,105 | €9,685 | -€5,420 | -35.9% |
| Tangible fixed assets | 22/27 | €14,930 | €9,511 | -€5,420 | -36.3% |
| Plant, machinery and equipment | 23 | €3,465 | €1,485 | -€1,980 | -57.1% |
| Furniture and vehicles | 24 | €11,465 | €8,026 | -€3,440 | -30.0% |
| Financial fixed assets | 28 | €174 | €174 | = | 0.0% |
| Current assets | 29/58 | €8,814 | €23,305 | +€14,491 | +164% |
| Amounts receivable after more than one year | 29 | €210 | €210 | = | 0.0% |
| Other amounts receivable | 291 | €210 | €210 | = | 0.0% |
| Stocks and contracts in progress | 3 | €1,264 | €1,264 | = | 0.0% |
| Stocks | 30/36 | €1,264 | €1,264 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €3,008 | €17,905 | +€14,897 | +495% |
| Trade receivables | 40 | €3,008 | €17,846 | +€14,839 | +493% |
| Other amounts receivable | 41 | - | €59 | +€59 | |
| Cash at bank and in hand | 54/58 | €3,039 | €2,851 | -€188 | -6.2% |
| Deferred charges and accrued income | 490/1 | €1,294 | €1,075 | -€219 | -16.9% |
| Total equity and liabilities | 10/49 | €23,918 | €32,989 | +€9,071 | +37.9% |
| Equity | 10/15 | -€31,820 | -€20,787 | +€11,033 | +34.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€50,420 | -€39,387 | +€11,033 | +21.9% |
| Amounts payable | 17/49 | €55,738 | €53,777 | -€1,961 | -3.5% |
| Amounts payable after more than one year | 17 | €6,643 | €6,159 | -€484 | -7.3% |
| Financial debts | 170/4 | €484 | - | -€484 | |
| Trade debts | 175 | €6,159 | €6,159 | = | 0.0% |
| Amounts payable within one year | 42/48 | €49,095 | €47,618 | -€1,478 | -3.0% |
| Current portion of amounts payable after more than one year | 42 | €3,240 | €754 | -€2,486 | -76.7% |
| Trade debts | 44 | €4,664 | €6,459 | +€1,795 | +38.5% |
| Suppliers | 440/4 | €4,664 | €6,459 | +€1,795 | +38.5% |
| Taxes, remuneration and social security | 45 | €21,596 | €17,407 | -€4,190 | -19.4% |
| Taxes | 450/3 | €3,691 | €1,888 | -€1,803 | -48.9% |
| Remuneration and social security | 454/9 | €17,905 | €15,519 | -€2,386 | -13.3% |
| Other amounts payable | 47/48 | €19,595 | €22,998 | +€3,403 | +17.4% |
| Remuneration, social security and pensions | 62 | €40,402 | €15,856 | -€24,547 | -60.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,749 | €5,420 | +€671 | +14.1% |
| Other operating charges | 640/8 | €950 | €1,084 | +€134 | +14.1% |
| Gross operating margin | 9900 | €31,317 | €34,772 | +€3,454 | +11.0% |
| Operating profit (loss) | 9901 | -€14,784 | €12,412 | +€27,196 | |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €1,802 | €1,073 | -€729 | -40.4% |
| Recurring financial charges | 65 | €1,802 | €1,073 | -€729 | -40.4% |
| Profit (loss) for the period before taxes | 9903 | -€16,586 | €11,339 | +€27,924 | |
| Income taxes | 67/77 | €304 | €306 | +€2 | +0.7% |
| Profit (loss) for the period | 9904 | -€16,890 | €11,033 | +€27,922 | |
| Profit (loss) for the period to be appropriated | 9905 | -€16,890 | €11,033 | +€27,922 |
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 24 October 2026 via checked.be.