Marvel Momentum: 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.
Marvel Momentum
Largest movements
- Receivables within one year -€7,497
down €7,497 (-16.5%), from €45,338 to €37,841
of which Trade receivables: -€12,384
- Cash +€2,577
up €2,577 (+11.2%), from €22,932 to €25,509
mainly Tax, wage and social debts (+€11,522) and Other debts (+€10,000)
- Profit (loss) carried forward -€17,304
down €17,304 (-100%), from €17,304 to €0
- Tax, wage and social debts +€11,522
up €11,522 (+50.6%), from €22,755 to €34,277
- Other debts +€10,000
new in 2025: €10,000
- Trade debts -€8,313
down €8,313 (-39.2%), from €21,209 to €12,896
- Debts after one year -€4,095
down €4,095 (-70.4%), from €5,820 to €1,724
of which Other amounts payable: -€5,820
- Gross operating margin -€26,529
down €26,529 (-86.0%), from €30,843 to €4,314
- Taxes -€4,392
down €4,392 (-82.9%), from €5,298 to €906
- Depreciation +€1,031
up €1,031 (+31.5%), from €3,274 to €4,305
- Financial income +€671
up €671 (+65.6%), from €1,024 to €1,695
- Other operating charges -€625
down €625 (-53.5%), from €1,169 to €544
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 | €76,122 | €71,328 | -€4,794 | -6.3% |
| Fixed assets | 21/28 | €7,851 | €7,978 | +€126 | +1.6% |
| Tangible fixed assets | 22/27 | €7,851 | €7,978 | +€126 | +1.6% |
| Plant, machinery and equipment | 23 | €3,469 | - | -€3,469 | |
| Furniture and vehicles | 24 | €4,383 | €7,978 | +€3,595 | +82.0% |
| Current assets | 29/58 | €68,270 | €63,350 | -€4,920 | -7.2% |
| Amounts receivable within one year | 40/41 | €45,338 | €37,841 | -€7,497 | -16.5% |
| Trade receivables | 40 | €28,794 | €16,410 | -€12,384 | -43.0% |
| Other amounts receivable | 41 | €16,544 | €21,431 | +€4,887 | +29.5% |
| Cash at bank and in hand | 54/58 | €22,932 | €25,509 | +€2,577 | +11.2% |
| Total equity and liabilities | 10/49 | €76,122 | €71,328 | -€4,794 | -6.3% |
| Equity | 10/15 | €22,304 | €8,336 | -€13,969 | -62.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €3,336 | +€3,336 | |
| Distributable reserves | 133 | - | €3,336 | +€3,336 | |
| Profit (loss) carried forward | 14 | €17,304 | €0 | -€17,304 | -100% |
| Amounts payable | 17/49 | €53,817 | €62,992 | +€9,175 | +17.0% |
| Amounts payable after more than one year | 17 | €5,820 | €1,724 | -€4,095 | -70.4% |
| Financial debts | 170/4 | - | €1,724 | +€1,724 | |
| Other amounts payable | 178/9 | €5,820 | - | -€5,820 | |
| Amounts payable within one year | 42/48 | €47,998 | €61,268 | +€13,270 | +27.6% |
| Current portion of amounts payable after more than one year | 42 | €4,034 | €4,095 | +€61 | +1.5% |
| Trade debts | 44 | €21,209 | €12,896 | -€8,313 | -39.2% |
| Suppliers | 440/4 | €21,209 | €12,896 | -€8,313 | -39.2% |
| Taxes, remuneration and social security | 45 | €22,755 | €34,277 | +€11,522 | +50.6% |
| Taxes | 450/3 | €22,755 | €34,277 | +€11,522 | +50.6% |
| Other amounts payable | 47/48 | - | €10,000 | +€10,000 | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,274 | €4,305 | +€1,031 | +31.5% |
| Other operating charges | 640/8 | €1,169 | €544 | -€625 | -53.5% |
| Gross operating margin | 9900 | €30,843 | €4,314 | -€26,529 | -86.0% |
| Operating profit (loss) | 9901 | €26,400 | -€535 | -€26,935 | |
| Financial income | 75/76B | €1,024 | €1,695 | +€671 | +65.6% |
| Recurring financial income | 75 | €1,024 | €1,695 | +€671 | +65.6% |
| Financial charges | 65/66B | €4,821 | €4,222 | -€599 | -12.4% |
| Recurring financial charges | 65 | €4,821 | €4,222 | -€599 | -12.4% |
| Profit (loss) for the period before taxes | 9903 | €22,603 | -€3,062 | -€25,665 | |
| Income taxes | 67/77 | €5,298 | €906 | -€4,392 | -82.9% |
| Profit (loss) for the period | 9904 | €17,304 | -€3,969 | -€21,273 | |
| Profit (loss) for the period to be appropriated | 9905 | €17,304 | -€3,969 | -€21,273 |
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 20 October 2026 via checked.be.