Merckx Brigitte: 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 Brigitte
Largest movements
- Deferred charges and accrued income -€4,854
down €4,854 (-81.7%), from €5,944 to €1,091
- Cash -€891
down €891 (-15.3%), from €5,823 to €4,932
mainly Net result for the year (-€5,117) and Tax, wage and social debts (-€2,257)
- Tangible fixed assets -€640
down €640 (-23.2%), from €2,756 to €2,117
- Profit (loss) carried forward -€5,117
down €5,117 (-53.8%), from €9,513 to €4,396
- Tax, wage and social debts -€2,257
down €2,257 (-94.0%), from €2,400 to €143
- Other debts +€840
up €840 (+338%), from €249 to €1,088
- Gross operating margin -€12,880
down €12,880, from €9,409 to -€3,471
- Taxes -€2,355
down €2,355 (-98.9%), from €2,381 to €27
- Depreciation +€198
up €198 (+44.8%), from €442 to €640
- Other operating charges +€94
up €94 (+10.8%), from €872 to €966
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 | €18,524 | €12,139 | -€6,385 | -34.5% |
| Fixed assets | 21/28 | €2,756 | €2,117 | -€640 | -23.2% |
| Tangible fixed assets | 22/27 | €2,756 | €2,117 | -€640 | -23.2% |
| Furniture and vehicles | 24 | €2,756 | €2,117 | -€640 | -23.2% |
| Current assets | 29/58 | €15,767 | €10,022 | -€5,745 | -36.4% |
| Amounts receivable within one year | 40/41 | €4,000 | €4,000 | = | 0.0% |
| Other amounts receivable | 41 | €4,000 | €4,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €5,823 | €4,932 | -€891 | -15.3% |
| Deferred charges and accrued income | 490/1 | €5,944 | €1,091 | -€4,854 | -81.7% |
| Total equity and liabilities | 10/49 | €18,524 | €12,139 | -€6,385 | -34.5% |
| Equity | 10/15 | €14,513 | €9,396 | -€5,117 | -35.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,513 | €4,396 | -€5,117 | -53.8% |
| Amounts payable | 17/49 | €4,011 | €2,743 | -€1,268 | -31.6% |
| Amounts payable within one year | 42/48 | €4,011 | €2,743 | -€1,268 | -31.6% |
| Trade debts | 44 | €1,362 | €1,511 | +€149 | +10.9% |
| Suppliers | 440/4 | €1,362 | €1,511 | +€149 | +10.9% |
| Taxes, remuneration and social security | 45 | €2,400 | €143 | -€2,257 | -94.0% |
| Taxes | 450/3 | €2,400 | €143 | -€2,257 | -94.0% |
| Other amounts payable | 47/48 | €249 | €1,088 | +€840 | +338% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €442 | €640 | +€198 | +44.8% |
| Other operating charges | 640/8 | €872 | €966 | +€94 | +10.8% |
| Gross operating margin | 9900 | €9,409 | -€3,471 | -€12,880 | |
| Operating profit (loss) | 9901 | €8,095 | -€5,077 | -€13,172 | |
| Financial income | 75/76B | - | €38 | +€38 | |
| Recurring financial income | 75 | - | €38 | +€38 | |
| Financial charges | 65/66B | €15 | €51 | +€36 | +240% |
| Recurring financial charges | 65 | €15 | €51 | +€36 | +240% |
| Profit (loss) for the period before taxes | 9903 | €8,080 | -€5,090 | -€13,170 | |
| Income taxes | 67/77 | €2,381 | €27 | -€2,355 | -98.9% |
| Profit (loss) for the period | 9904 | €5,699 | -€5,117 | -€10,816 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,699 | -€5,117 | -€10,816 |
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 18 October 2026 via checked.be.