TRAITEUR MARKEY: 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.
TRAITEUR MARKEY
Largest movements
- Current investments +€349,499
new in 2025: €349,499
- Receivables within one year +€152,987
up €152,987 (+932%), from €16,409 to €169,396
of which Other amounts receivable: +€150,145
- Tangible fixed assets -€90,592
down €90,592 (-26.0%), from €347,985 to €257,394
of which Land and buildings: -€89,924
- Cash -€32,658
down €32,658 (-29.2%), from €111,974 to €79,316
mainly Current investments (-€349,499) and Receivables within one year (-€152,987)
- Reserves +€308,041
up €308,041 (+105%), from €294,029 to €602,070
of which Tax-exempt reserves: +€308,041
- Provisions +€102,680
up €102,680 (+293%), from €35,000 to €137,680
of which Deferred taxes: +€102,680
- Debts after one year -€20,150
down €20,150 (-38.5%), from €52,367 to €32,217
of which Financial debts: -€16,700
- Gross operating margin +€391,159
up €391,159 (+1,384%), from €28,273 to €419,432
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 | €479,771 | €856,897 | +€377,125 | +78.6% |
| Fixed assets | 21/28 | €350,160 | €257,394 | -€92,766 | -26.5% |
| Tangible fixed assets | 22/27 | €347,985 | €257,394 | -€90,592 | -26.0% |
| Land and buildings | 22 | €347,008 | €257,084 | -€89,924 | -25.9% |
| Plant, machinery and equipment | 23 | €592 | €310 | -€282 | -47.7% |
| Furniture and vehicles | 24 | €386 | €0 | -€386 | -100% |
| Financial fixed assets | 28 | €2,175 | €0 | -€2,175 | -100% |
| Current assets | 29/58 | €129,612 | €599,503 | +€469,891 | +363% |
| Amounts receivable within one year | 40/41 | €16,409 | €169,396 | +€152,987 | +932% |
| Trade receivables | 40 | €1,739 | €4,581 | +€2,842 | +163% |
| Other amounts receivable | 41 | €14,670 | €164,815 | +€150,145 | +1,023% |
| Current investments | 50/53 | - | €349,499 | +€349,499 | |
| Cash at bank and in hand | 54/58 | €111,974 | €79,316 | -€32,658 | -29.2% |
| Deferred charges and accrued income | 490/1 | €1,229 | €1,293 | +€64 | +5.2% |
| Total equity and liabilities | 10/49 | €479,771 | €856,897 | +€377,125 | +78.6% |
| Equity | 10/15 | €366,732 | €666,969 | +€300,237 | +81.9% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €294,029 | €602,070 | +€308,041 | +105% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €11,541 | €319,582 | +€308,041 | +2,669% |
| Distributable reserves | 133 | €282,488 | €282,488 | = | 0.0% |
| Profit (loss) carried forward | 14 | €66,506 | €58,702 | -€7,804 | -11.7% |
| Provisions and deferred taxes | 16 | €35,000 | €137,680 | +€102,680 | +293% |
| Provisions for liabilities and charges | 160/5 | €35,000 | €35,000 | = | 0.0% |
| Pensions and similar obligations | 160 | €35,000 | €35,000 | = | 0.0% |
| Deferred taxes | 168 | - | €102,680 | +€102,680 | |
| Amounts payable | 17/49 | €78,039 | €52,248 | -€25,791 | -33.0% |
| Amounts payable after more than one year | 17 | €52,367 | €32,217 | -€20,150 | -38.5% |
| Financial debts | 170/4 | €48,917 | €32,217 | -€16,700 | -34.1% |
| Other amounts payable | 178/9 | €3,450 | €0 | -€3,450 | -100% |
| Amounts payable within one year | 42/48 | €22,757 | €16,030 | -€6,727 | -29.6% |
| Current portion of amounts payable after more than one year | 42 | €19,636 | €13,700 | -€5,936 | -30.2% |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €3,121 | €2,330 | -€791 | -25.3% |
| Taxes | 450/3 | €3,121 | €1,089 | -€2,032 | -65.1% |
| Remuneration and social security | 454/9 | - | €1,241 | +€1,241 | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €2,915 | €4,001 | +€1,085 | +37.2% |
| Non-recurring operating income | 76A | €0 | €410,721 | +€410,721 | |
| Remuneration, social security and pensions | 62 | -€683 | €0 | +€683 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,881 | €12,330 | -€2,551 | -17.1% |
| Other operating charges | 640/8 | €6,421 | €3,641 | -€2,781 | -43.3% |
| Non-recurring operating charges | 66A | €0 | €386 | +€386 | |
| Gross operating margin | 9900 | €28,273 | €419,432 | +€391,159 | +1,384% |
| Operating profit (loss) | 9901 | €7,654 | €403,076 | +€395,422 | +5,166% |
| Financial income | 75/76B | €158 | €2,014 | +€1,856 | +1,174% |
| Recurring financial income | 75 | €158 | €2,014 | +€1,856 | +1,174% |
| Financial charges | 65/66B | €2,851 | €2,044 | -€807 | -28.3% |
| Recurring financial charges | 65 | €2,851 | €2,044 | -€807 | -28.3% |
| Profit (loss) for the period before taxes | 9903 | €4,961 | €403,046 | +€398,085 | +8,024% |
| Transfer to deferred taxes | 680 | - | €102,680 | +€102,680 | |
| Income taxes | 67/77 | €1,541 | €129 | -€1,413 | -91.6% |
| Profit (loss) for the period | 9904 | €3,420 | €300,237 | +€296,817 | +8,680% |
| Transfer to tax-exempt reserves | 689 | - | €308,041 | +€308,041 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,420 | -€7,804 | -€11,224 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.