SAEYS MARNIX & C°: 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.
SAEYS MARNIX & C°
Largest movements
- Cash -€114,599
down €114,599 (-40.3%), from €284,431 to €169,832
mainly Contributions, distributions and other (-€145,458) and Stocks and contracts (-€3,142)
- Tangible fixed assets -€11,035
down €11,035 (-20.8%), from €53,150 to €42,116
of which Furniture and vehicles: -€7,411
- Reserves -€132,502
down €132,502 (-40.2%), from €329,438 to €196,935
- Advances received +€12,712
up €12,712 (+208%), from €6,120 to €18,832
- Gross operating margin -€3,287
down €3,287 (-9.0%), from €36,361 to €33,074
- Financial income -€2,625
down €2,625 (-51.9%), from €5,061 to €2,436
- Depreciation +€2,237
up €2,237 (+21.6%), from €10,362 to €12,599
- Taxes -€1,953
down €1,953 (-23.3%), from €8,372 to €6,419
- Other operating charges +€590
up €590 (+21.9%), from €2,689 to €3,279
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €350,368 | €229,604 | -€120,765 | -34.5% |
| Fixed assets | 21/28 | €53,150 | €42,116 | -€11,035 | -20.8% |
| Tangible fixed assets | 22/27 | €53,150 | €42,116 | -€11,035 | -20.8% |
| Plant, machinery and equipment | 23 | €19,414 | €15,791 | -€3,624 | -18.7% |
| Furniture and vehicles | 24 | €33,736 | €26,325 | -€7,411 | -22.0% |
| Current assets | 29/58 | €297,218 | €187,488 | -€109,730 | -36.9% |
| Stocks and contracts in progress | 3 | €6,837 | €9,978 | +€3,142 | +46.0% |
| Stocks | 30/36 | €6,837 | €9,978 | +€3,142 | +46.0% |
| Amounts receivable within one year | 40/41 | €2,234 | €4,284 | +€2,050 | +91.8% |
| Trade receivables | 40 | €2,205 | €1,600 | -€605 | -27.4% |
| Other amounts receivable | 41 | €28 | €2,684 | +€2,656 | +9,384% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €284,431 | €169,832 | -€114,599 | -40.3% |
| Deferred charges and accrued income | 490/1 | €3,717 | €3,394 | -€323 | -8.7% |
| Total equity and liabilities | 10/49 | €350,368 | €229,604 | -€120,765 | -34.5% |
| Equity | 10/15 | €335,635 | €203,133 | -€132,502 | -39.5% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €329,438 | €196,935 | -€132,502 | -40.2% |
| Distributable reserves | 133 | €329,438 | €196,935 | -€132,502 | -40.2% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €14,733 | €26,471 | +€11,738 | +79.7% |
| Amounts payable within one year | 42/48 | €14,483 | €26,471 | +€11,988 | +82.8% |
| Trade debts | 44 | €5,926 | €6,277 | +€352 | +5.9% |
| Suppliers | 440/4 | €5,926 | €6,277 | +€352 | +5.9% |
| Advances received on contracts in progress | 46 | €6,120 | €18,832 | +€12,712 | +208% |
| Taxes, remuneration and social security | 45 | €2,115 | €1,361 | -€753 | -35.6% |
| Taxes | 450/3 | €2,115 | €1,361 | -€753 | -35.6% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €323 | €0 | -€323 | -100% |
| Accrued charges and deferred income | 492/3 | €250 | €0 | -€250 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,362 | €12,599 | +€2,237 | +21.6% |
| Other operating charges | 640/8 | €2,689 | €3,279 | +€590 | +21.9% |
| Gross operating margin | 9900 | €36,361 | €33,074 | -€3,287 | -9.0% |
| Operating profit (loss) | 9901 | €23,311 | €17,197 | -€6,114 | -26.2% |
| Financial income | 75/76B | €5,061 | €2,436 | -€2,625 | -51.9% |
| Recurring financial income | 75 | €5,061 | €2,436 | -€2,625 | -51.9% |
| Financial charges | 65/66B | €749 | €259 | -€490 | -65.5% |
| Recurring financial charges | 65 | €749 | €259 | -€490 | -65.5% |
| Profit (loss) for the period before taxes | 9903 | €27,623 | €19,374 | -€8,249 | -29.9% |
| Income taxes | 67/77 | €8,372 | €6,419 | -€1,953 | -23.3% |
| Profit (loss) for the period | 9904 | €19,252 | €12,955 | -€6,296 | -32.7% |
| Profit (loss) for the period to be appropriated | 9905 | €19,252 | €12,955 | -€6,296 | -32.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.