Stock de Marques: 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.
Stock de Marques
Largest movements
- Stocks and contracts +€341,843
up €341,843 (+80.0%), from €427,157 to €769,000
- Cash +€125,859
up €125,859 (+45.2%), from €278,606 to €404,465
mainly Trade debts (+€262,152) and Short-term financial debts (+€135,073)
- Receivables within one year +€69,013
up €69,013 (+44.4%), from €155,530 to €224,543
of which Trade receivables: +€78,373
- Deferred charges and accrued income -€26,978
down €26,978 (-86.9%), from €31,038 to €4,060
- Tangible fixed assets +€22,188
up €22,188 (+478%), from €4,646 to €26,834
of which Plant, machinery and equipment: +€23,423
- Trade debts +€262,152
up €262,152 (+250%), from €104,805 to €366,957
- Short-term financial debts +€135,073
new in 2025: €135,073
- Reserves +€75,000
up €75,000 (+13.4%), from €561,000 to €636,000
- Tax, wage and social debts +€23,633
up €23,633 (+89.9%), from €26,283 to €49,915
of which Taxes: +€23,266
- Debts after one year +€19,755
new in 2025: €19,755
- Gross operating margin +€71,026
up €71,026 (+40.1%), from €177,098 to €248,124
- Taxes +€25,482
up €25,482 (+176%), from €14,460 to €39,942
- Staff costs -€10,061
down €10,061 (-8.5%), from €117,864 to €107,803
- Other operating charges -€3,318
down €3,318 (-46.0%), from €7,217 to €3,899
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 | €899,507 | €1,431,431 | +€531,925 | +59.1% |
| Fixed assets | 21/28 | €7,176 | €29,364 | +€22,188 | +309% |
| Tangible fixed assets | 22/27 | €4,646 | €26,834 | +€22,188 | +478% |
| Plant, machinery and equipment | 23 | €3,411 | €26,834 | +€23,423 | +687% |
| Furniture and vehicles | 24 | €1,235 | - | -€1,235 | |
| Financial fixed assets | 28 | €2,530 | €2,530 | = | 0.0% |
| Current assets | 29/58 | €892,330 | €1,402,067 | +€509,737 | +57.1% |
| Stocks and contracts in progress | 3 | €427,157 | €769,000 | +€341,843 | +80.0% |
| Stocks | 30/36 | €427,157 | €769,000 | +€341,843 | +80.0% |
| Amounts receivable within one year | 40/41 | €155,530 | €224,543 | +€69,013 | +44.4% |
| Trade receivables | 40 | €135,630 | €214,003 | +€78,373 | +57.8% |
| Other amounts receivable | 41 | €19,900 | €10,540 | -€9,361 | -47.0% |
| Cash at bank and in hand | 54/58 | €278,606 | €404,465 | +€125,859 | +45.2% |
| Deferred charges and accrued income | 490/1 | €31,038 | €4,060 | -€26,978 | -86.9% |
| Total equity and liabilities | 10/49 | €899,507 | €1,431,431 | +€531,925 | +59.1% |
| Equity | 10/15 | €728,409 | €810,644 | +€82,234 | +11.3% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €561,000 | €636,000 | +€75,000 | +13.4% |
| Distributable reserves | 133 | €561,000 | €636,000 | +€75,000 | +13.4% |
| Profit (loss) carried forward | 14 | €117,409 | €124,644 | +€7,234 | +6.2% |
| Amounts payable | 17/49 | €171,097 | €620,788 | +€449,690 | +263% |
| Amounts payable after more than one year | 17 | - | €19,755 | +€19,755 | |
| Financial debts | 170/4 | - | €19,755 | +€19,755 | |
| Amounts payable within one year | 42/48 | €166,032 | €595,968 | +€429,936 | +259% |
| Current portion of amounts payable after more than one year | 42 | €2,888 | €17,495 | +€14,607 | +506% |
| Financial debts | 43 | - | €135,073 | +€135,073 | |
| Credit institutions | 430/8 | - | €135,073 | +€135,073 | |
| Trade debts | 44 | €104,805 | €366,957 | +€262,152 | +250% |
| Suppliers | 440/4 | €104,805 | €366,957 | +€262,152 | +250% |
| Taxes, remuneration and social security | 45 | €26,283 | €49,915 | +€23,633 | +89.9% |
| Taxes | 450/3 | €7,239 | €30,504 | +€23,266 | +321% |
| Remuneration and social security | 454/9 | €19,044 | €19,411 | +€367 | +1.9% |
| Other amounts payable | 47/48 | €32,056 | €26,526 | -€5,529 | -17.2% |
| Accrued charges and deferred income | 492/3 | €5,066 | €5,066 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €117,864 | €107,803 | -€10,061 | -8.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,321 | €2,912 | +€591 | +25.5% |
| Other operating charges | 640/8 | €7,217 | €3,899 | -€3,318 | -46.0% |
| Gross operating margin | 9900 | €177,098 | €248,124 | +€71,026 | +40.1% |
| Operating profit (loss) | 9901 | €49,696 | €133,509 | +€83,813 | +169% |
| Financial income | 75/76B | - | €1,286 | +€1,286 | |
| Recurring financial income | 75 | - | €1,286 | +€1,286 | |
| Financial charges | 65/66B | €10,710 | €12,619 | +€1,909 | +17.8% |
| Recurring financial charges | 65 | €10,710 | €12,619 | +€1,909 | +17.8% |
| Profit (loss) for the period before taxes | 9903 | €38,987 | €122,176 | +€83,190 | +213% |
| Income taxes | 67/77 | €14,460 | €39,942 | +€25,482 | +176% |
| Profit (loss) for the period | 9904 | €24,526 | €82,234 | +€57,708 | +235% |
| Profit (loss) for the period to be appropriated | 9905 | €24,526 | €82,234 | +€57,708 | +235% |
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 24 October 2026 via checked.be.