Merkbaar: 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.
Merkbaar
Largest movements
- Cash -€35,826
down €35,826 (-60.8%), from €58,920 to €23,094
mainly Tax, wage and social debts (-€16,329) and Trade debts (-€9,942)
- Financial fixed assets +€3,570
new in 2024: €3,570
- Receivables within one year +€1,254
up €1,254 (+14.7%), from €8,555 to €9,808
of which Other amounts receivable: +€2,223
- Tax, wage and social debts -€16,329
down €16,329 (-70.4%), from €23,183 to €6,854
- Trade debts -€9,942
down €9,942 (-76.9%), from €12,926 to €2,985
- Other debts -€9,834
down €9,834 (-74.5%), from €13,203 to €3,369
- Reserves +€4,919
up €4,919 (+29.2%), from €16,870 to €21,789
- Gross operating margin -€11,625
down €11,625 (-49.0%), from €23,724 to €12,099
- Taxes -€2,840
down €2,840 (-59.2%), from €4,797 to €1,957
- Other operating charges +€1,913
up €1,913 (+498%), from €384 to €2,297
- Depreciation +€849
up €849 (+106%), from €804 to €1,653
- Financial charges +€295
up €295, from -€8 to €286
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €72,182 | €40,996 | -€31,185 | -43.2% |
| Fixed assets | 21/28 | €4,187 | €8,094 | +€3,907 | +93.3% |
| Intangible fixed assets | 21 | €315 | €282 | -€33 | -10.5% |
| Tangible fixed assets | 22/27 | €3,871 | €4,242 | +€370 | +9.6% |
| Plant, machinery and equipment | 23 | €1,451 | €2,792 | +€1,341 | +92.4% |
| Furniture and vehicles | 24 | €2,420 | €1,450 | -€971 | -40.1% |
| Financial fixed assets | 28 | - | €3,570 | +€3,570 | |
| Current assets | 29/58 | €67,995 | €32,903 | -€35,092 | -51.6% |
| Amounts receivable within one year | 40/41 | €8,555 | €9,808 | +€1,254 | +14.7% |
| Trade receivables | 40 | €8,555 | €7,585 | -€970 | -11.3% |
| Other amounts receivable | 41 | - | €2,223 | +€2,223 | |
| Cash at bank and in hand | 54/58 | €58,920 | €23,094 | -€35,826 | -60.8% |
| Deferred charges and accrued income | 490/1 | €520 | - | -€520 | |
| Total equity and liabilities | 10/49 | €72,182 | €40,996 | -€31,185 | -43.2% |
| Equity | 10/15 | €22,870 | €27,789 | +€4,919 | +21.5% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €16,870 | €21,789 | +€4,919 | +29.2% |
| Distributable reserves | 133 | €16,870 | €21,789 | +€4,919 | +29.2% |
| Amounts payable | 17/49 | €49,312 | €13,207 | -€36,105 | -73.2% |
| Amounts payable within one year | 42/48 | €49,312 | €13,207 | -€36,105 | -73.2% |
| Trade debts | 44 | €12,926 | €2,985 | -€9,942 | -76.9% |
| Suppliers | 440/4 | €12,926 | €2,985 | -€9,942 | -76.9% |
| Taxes, remuneration and social security | 45 | €23,183 | €6,854 | -€16,329 | -70.4% |
| Taxes | 450/3 | €23,183 | €6,854 | -€16,329 | -70.4% |
| Other amounts payable | 47/48 | €13,203 | €3,369 | -€9,834 | -74.5% |
| Remuneration, social security and pensions | 62 | €880 | €1,046 | +€166 | +18.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €804 | €1,653 | +€849 | +106% |
| Other operating charges | 640/8 | €384 | €2,297 | +€1,913 | +498% |
| Gross operating margin | 9900 | €23,724 | €12,099 | -€11,625 | -49.0% |
| Operating profit (loss) | 9901 | €21,656 | €7,103 | -€14,553 | -67.2% |
| Financial income | 75/76B | €3 | €60 | +€57 | +1,925% |
| Recurring financial income | 75 | €3 | €60 | +€57 | +1,925% |
| Financial charges | 65/66B | -€8 | €286 | +€295 | |
| Recurring financial charges | 65 | -€8 | €286 | +€295 | |
| Profit (loss) for the period before taxes | 9903 | €21,667 | €6,876 | -€14,791 | -68.3% |
| Income taxes | 67/77 | €4,797 | €1,957 | -€2,840 | -59.2% |
| Profit (loss) for the period | 9904 | €16,870 | €4,919 | -€11,950 | -70.8% |
| Profit (loss) for the period to be appropriated | 9905 | €16,870 | €4,919 | -€11,950 | -70.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.