MERCKX 4 SOLUTIONS: 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.
MERCKX 4 SOLUTIONS
Largest movements
- Deferred charges and accrued income -€10,894
down €10,894 (-91.4%), from €11,918 to €1,024
- Cash +€8,734
up €8,734 (+619%), from €1,411 to €10,145
mainly Depreciation (+€19,139) and Net result for the year (+€15,946)
- Tangible fixed assets -€6,946
down €6,946 (-5.0%), from €139,760 to €132,814
of which Land and buildings: -€8,474
- Debts after one year -€20,424
down €20,424 (-17.5%), from €116,781 to €96,357
- Reserves +€15,946
up €15,946 (+94.5%), from €16,875 to €32,820
- Other debts -€11,529
down €11,529 (-57.2%), from €20,147 to €8,618
- Trade debts +€4,883
up €4,883 (+126%), from €3,882 to €8,766
- Tax, wage and social debts +€4,041
up €4,041 (+158%), from €2,559 to €6,600
- Taxes +€4,772
up €4,772 (+708%), from €674 to €5,446
- Gross operating margin +€2,422
up €2,422 (+5.1%), from €47,080 to €49,501
- Other operating charges -€504
down €504 (-8.8%), from €5,756 to €5,252
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 | €199,861 | €190,946 | -€8,915 | -4.5% |
| Fixed assets | 21/28 | €147,450 | €141,328 | -€6,121 | -4.2% |
| Tangible fixed assets | 22/27 | €139,760 | €132,814 | -€6,946 | -5.0% |
| Land and buildings | 22 | €131,665 | €123,190 | -€8,474 | -6.4% |
| Furniture and vehicles | 24 | €7,670 | €9,411 | +€1,741 | +22.7% |
| Other tangible fixed assets | 26 | €425 | €213 | -€213 | -50.0% |
| Financial fixed assets | 28 | €7,689 | €8,514 | +€825 | +10.7% |
| Current assets | 29/58 | €52,412 | €49,618 | -€2,794 | -5.3% |
| Amounts receivable within one year | 40/41 | €39,084 | €38,449 | -€634 | -1.6% |
| Trade receivables | 40 | €35,450 | €36,950 | +€1,500 | +4.2% |
| Other amounts receivable | 41 | €3,633 | €1,499 | -€2,134 | -58.7% |
| Cash at bank and in hand | 54/58 | €1,411 | €10,145 | +€8,734 | +619% |
| Deferred charges and accrued income | 490/1 | €11,918 | €1,024 | -€10,894 | -91.4% |
| Total equity and liabilities | 10/49 | €199,861 | €190,946 | -€8,915 | -4.5% |
| Equity | 10/15 | €23,075 | €39,020 | +€15,946 | +69.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €16,875 | €32,820 | +€15,946 | +94.5% |
| Distributable reserves | 133 | €16,875 | €32,820 | +€15,946 | +94.5% |
| Provisions and deferred taxes | 16 | €8,000 | €8,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €8,000 | €8,000 | = | 0.0% |
| Pensions and similar obligations | 160 | €8,000 | €8,000 | = | 0.0% |
| Amounts payable | 17/49 | €168,787 | €143,926 | -€24,861 | -14.7% |
| Amounts payable after more than one year | 17 | €116,781 | €96,357 | -€20,424 | -17.5% |
| Financial debts | 170/4 | €116,781 | €96,357 | -€20,424 | -17.5% |
| Amounts payable within one year | 42/48 | €50,619 | €46,089 | -€4,530 | -8.9% |
| Current portion of amounts payable after more than one year | 42 | €21,614 | €22,105 | +€491 | +2.3% |
| Financial debts | 43 | €2,417 | - | -€2,417 | |
| Credit institutions | 430/8 | €2,417 | - | -€2,417 | |
| Trade debts | 44 | €3,882 | €8,766 | +€4,883 | +126% |
| Suppliers | 440/4 | €3,882 | €8,766 | +€4,883 | +126% |
| Taxes, remuneration and social security | 45 | €2,559 | €6,600 | +€4,041 | +158% |
| Taxes | 450/3 | €2,559 | €6,600 | +€4,041 | +158% |
| Other amounts payable | 47/48 | €20,147 | €8,618 | -€11,529 | -57.2% |
| Accrued charges and deferred income | 492/3 | €1,386 | €1,480 | +€93 | +6.7% |
| Non-recurring operating income | 76A | €800 | - | -€800 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,049 | €19,139 | +€90 | +0.5% |
| Other operating charges | 640/8 | €5,756 | €5,252 | -€504 | -8.8% |
| Gross operating margin | 9900 | €47,080 | €49,501 | +€2,422 | +5.1% |
| Operating profit (loss) | 9901 | €22,274 | €25,111 | +€2,836 | +12.7% |
| Financial income | 75/76B | €0 | €3 | +€3 | +7,250% |
| Recurring financial income | 75 | €0 | €3 | +€3 | +7,250% |
| Financial charges | 65/66B | €4,116 | €3,722 | -€395 | -9.6% |
| Recurring financial charges | 65 | €4,116 | €3,722 | -€395 | -9.6% |
| Profit (loss) for the period before taxes | 9903 | €18,158 | €21,392 | +€3,234 | +17.8% |
| Income taxes | 67/77 | €674 | €5,446 | +€4,772 | +708% |
| Profit (loss) for the period | 9904 | €17,484 | €15,946 | -€1,538 | -8.8% |
| Profit (loss) for the period to be appropriated | 9905 | €17,484 | €15,946 | -€1,538 | -8.8% |
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 26 October 2026 via checked.be.