MARY D.: 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.
MARY D.
Largest movements
- Cash -€36,556
down €36,556 (-63.4%), from €57,641 to €21,085
mainly Debts after one year (-€79,184) and Other debts (-€50,000)
- Tangible fixed assets +€6,722
up €6,722 (+1861.0%), from €361 to €7,084
- Deferred charges and accrued income +€5,547
up €5,547 (+26.1%), from €21,291 to €26,838
- Debts after one year -€79,184
no longer reported in 2025 (was €79,184)
- Other debts -€50,000
down €50,000 (-100.0%), from €50,000 to €0
- Reserves +€44,181
up €44,181 (+39.9%), from €110,846 to €155,027
of which Distributable reserves: +€44,181
- Trade debts +€38,459
up €38,459 (+189.0%), from €20,349 to €58,809
- Tax, wage and social debts +€19,563
up €19,563 (+77.3%), from €25,311 to €44,874
of which Remuneration and social security: +€15,000
- Gross operating margin -€17,928
down €17,928 (-15.3%), from €117,531 to €99,603
- Other operating charges +€16,385
up €16,385 (+278.6%), from €5,882 to €22,267
- Financial income -€10,398
down €10,398 (-100.0%), from €10,398 to €0
- Taxes +€7,463
up €7,463 (+33.3%), from €22,412 to €29,874
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 | €347,691 | €320,710 | -€26,981 | -7.8% |
| Fixed assets | 21/28 | €40,904 | €47,626 | +€6,722 | +16.4% |
| Tangible fixed assets | 22/27 | €361 | €7,084 | +€6,722 | +1861.0% |
| Furniture and vehicles | 24 | €361 | €7,084 | +€6,722 | +1861.0% |
| Financial fixed assets | 28 | €40,542 | €40,542 | = | 0.0% |
| Current assets | 29/58 | €306,787 | €273,084 | -€33,703 | -11.0% |
| Amounts receivable within one year | 40/41 | €227,855 | €225,161 | -€2,693 | -1.2% |
| Trade receivables | 40 | €42,011 | €42,553 | +€542 | +1.3% |
| Other amounts receivable | 41 | €185,844 | €182,608 | -€3,236 | -1.7% |
| Cash at bank and in hand | 54/58 | €57,641 | €21,085 | -€36,556 | -63.4% |
| Deferred charges and accrued income | 490/1 | €21,291 | €26,838 | +€5,547 | +26.1% |
| Total equity and liabilities | 10/49 | €347,691 | €320,710 | -€26,981 | -7.8% |
| Equity | 10/15 | €172,846 | €217,027 | +€44,181 | +25.6% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €110,846 | €155,027 | +€44,181 | +39.9% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €104,646 | €148,827 | +€44,181 | +42.2% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €174,845 | €103,683 | -€71,162 | -40.7% |
| Amounts payable after more than one year | 17 | €79,184 | - | -€79,184 | |
| Other amounts payable | 178/9 | €79,184 | - | -€79,184 | |
| Amounts payable within one year | 42/48 | €95,660 | €103,683 | +€8,023 | +8.4% |
| Trade debts | 44 | €20,349 | €58,809 | +€38,459 | +189.0% |
| Suppliers | 440/4 | €20,349 | €58,809 | +€38,459 | +189.0% |
| Taxes, remuneration and social security | 45 | €25,311 | €44,874 | +€19,563 | +77.3% |
| Taxes | 450/3 | €25,311 | €29,874 | +€4,563 | +18.0% |
| Remuneration and social security | 454/9 | - | €15,000 | +€15,000 | |
| Other amounts payable | 47/48 | €50,000 | €0 | -€50,000 | -100.0% |
| Non-recurring operating income | 76A | €41,655 | - | -€41,655 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €619 | €630 | +€10 | +1.7% |
| Other operating charges | 640/8 | €5,882 | €22,267 | +€16,385 | +278.6% |
| Gross operating margin | 9900 | €117,531 | €99,603 | -€17,928 | -15.3% |
| Operating profit (loss) | 9901 | €111,030 | €76,707 | -€34,324 | -30.9% |
| Financial income | 75/76B | €10,398 | €0 | -€10,398 | -100.0% |
| Recurring financial income | 75 | €10,398 | €0 | -€10,398 | -100.0% |
| Financial charges | 65/66B | €2,303 | €2,651 | +€348 | +15.1% |
| Recurring financial charges | 65 | €2,303 | €2,651 | +€348 | +15.1% |
| Profit (loss) for the period before taxes | 9903 | €119,125 | €74,055 | -€45,070 | -37.8% |
| Income taxes | 67/77 | €22,412 | €29,874 | +€7,463 | +33.3% |
| Profit (loss) for the period | 9904 | €96,713 | €44,181 | -€52,532 | -54.3% |
| Profit (loss) for the period to be appropriated | 9905 | €96,713 | €44,181 | -€52,532 | -54.3% |
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 12 October 2026 via checked.be.