MARX PROFIEL: 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.
MARX PROFIEL
Largest movements
- Receivables within one year -€100,180
down €100,180 (-46.5%), from €215,361 to €115,181
of which Trade receivables: -€80,736
- Cash +€38,545
up €38,545 (+6.3%), from €610,317 to €648,863
mainly Receivables within one year (+€100,180) and Stocks and contracts (+€28,642)
- Stocks and contracts -€28,642
down €28,642 (-21.4%), from €133,671 to €105,030
- Trade debts -€50,281
down €50,281 (-31.5%), from €159,477 to €109,196
- Other debts -€29,387
down €29,387 (-64.6%), from €45,466 to €16,078
- Profit (loss) carried forward -€9,810
down €9,810 (-1.4%), from €687,009 to €677,199
- Gross operating margin -€72,146
down €72,146 (-19.9%), from €361,864 to €289,718
- Staff costs -€35,511
down €35,511 (-11.1%), from €321,029 to €285,519
- Other operating charges +€8,700
up €8,700 (+301.1%), from €2,889 to €11,589
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 | €969,478 | €879,053 | -€90,425 | -9.3% |
| Fixed assets | 21/28 | €1,850 | €1,491 | -€360 | -19.4% |
| Tangible fixed assets | 22/27 | €1,715 | €1,356 | -€360 | -21.0% |
| Plant, machinery and equipment | 23 | €1,715 | €1,356 | -€360 | -21.0% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €967,627 | €877,562 | -€90,066 | -9.3% |
| Stocks and contracts in progress | 3 | €133,671 | €105,030 | -€28,642 | -21.4% |
| Stocks | 30/36 | €133,671 | €105,030 | -€28,642 | -21.4% |
| Amounts receivable within one year | 40/41 | €215,361 | €115,181 | -€100,180 | -46.5% |
| Trade receivables | 40 | €126,654 | €45,918 | -€80,736 | -63.7% |
| Other amounts receivable | 41 | €88,708 | €69,263 | -€19,444 | -21.9% |
| Cash at bank and in hand | 54/58 | €610,317 | €648,863 | +€38,545 | +6.3% |
| Deferred charges and accrued income | 490/1 | €8,277 | €8,488 | +€211 | +2.5% |
| Total equity and liabilities | 10/49 | €969,478 | €879,053 | -€90,425 | -9.3% |
| Equity | 10/15 | €742,460 | €732,651 | -€9,810 | -1.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €36,859 | €36,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €35,000 | €35,000 | = | 0.0% |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €687,009 | €677,199 | -€9,810 | -1.4% |
| Amounts payable | 17/49 | €227,018 | €146,402 | -€80,616 | -35.5% |
| Amounts payable within one year | 42/48 | €227,018 | €146,402 | -€80,616 | -35.5% |
| Trade debts | 44 | €159,477 | €109,196 | -€50,281 | -31.5% |
| Suppliers | 440/4 | €159,477 | €109,196 | -€50,281 | -31.5% |
| Advances received on contracts in progress | 46 | €4,596 | €3,013 | -€1,583 | -34.4% |
| Taxes, remuneration and social security | 45 | €17,479 | €18,115 | +€636 | +3.6% |
| Taxes | 450/3 | €354 | €327 | -€27 | -7.8% |
| Remuneration and social security | 454/9 | €17,125 | €17,788 | +€664 | +3.9% |
| Other amounts payable | 47/48 | €45,466 | €16,078 | -€29,387 | -64.6% |
| Remuneration, social security and pensions | 62 | €321,029 | €285,519 | -€35,511 | -11.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €83 | €360 | +€277 | +335.7% |
| Other operating charges | 640/8 | €2,889 | €11,589 | +€8,700 | +301.1% |
| Gross operating margin | 9900 | €361,864 | €289,718 | -€72,146 | -19.9% |
| Operating profit (loss) | 9901 | €37,863 | -€7,750 | -€45,613 | |
| Financial income | 75/76B | €534 | €941 | +€408 | +76.4% |
| Recurring financial income | 75 | €534 | €941 | +€408 | +76.4% |
| Financial charges | 65/66B | €2,586 | €2,675 | +€89 | +3.4% |
| Recurring financial charges | 65 | €2,586 | €2,675 | +€89 | +3.4% |
| Profit (loss) for the period before taxes | 9903 | €35,810 | -€9,484 | -€45,294 | |
| Income taxes | 67/77 | €678 | €325 | -€352 | -52.0% |
| Profit (loss) for the period | 9904 | €35,132 | -€9,810 | -€44,942 | |
| Profit (loss) for the period to be appropriated | 9905 | €35,132 | -€9,810 | -€44,942 |
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 9 October 2026 via checked.be.