VAN SEMMERTIER MARC: 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.
VAN SEMMERTIER MARC
Largest movements
- Cash +€4,551
up €4,551 (+47.5%), from €9,584 to €14,135
mainly Depreciation (+€5,412) and Stocks and contracts (+€2,809)
- Tangible fixed assets -€3,924
down €3,924 (-24.9%), from €15,749 to €11,825
of which Furniture and vehicles: -€5,114
- Receivables within one year +€2,940
up €2,940 (+63.4%), from €4,634 to €7,574
of which Trade receivables: +€5,445
- Stocks and contracts -€2,809
down €2,809 (-52.1%), from €5,392 to €2,583
- Profit (loss) carried forward +€1,415
up €1,415 (+4.6%), from -€31,093 to -€29,678
- Other debts -€865
down €865 (-9.0%), from €9,591 to €8,726
- Gross operating margin +€7,895
up €7,895 (+1,819%), from €434 to €8,329
- Depreciation +€298
up €298 (+5.8%), from €5,114 to €5,412
- Financial income +€221
up €221 (+67.6%), from €327 to €548
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 | €35,359 | €36,117 | +€758 | +2.1% |
| Fixed assets | 21/28 | €15,749 | €11,825 | -€3,924 | -24.9% |
| Tangible fixed assets | 22/27 | €15,749 | €11,825 | -€3,924 | -24.9% |
| Plant, machinery and equipment | 23 | - | €1,190 | +€1,190 | |
| Furniture and vehicles | 24 | €15,749 | €10,635 | -€5,114 | -32.5% |
| Current assets | 29/58 | €19,610 | €24,292 | +€4,682 | +23.9% |
| Stocks and contracts in progress | 3 | €5,392 | €2,583 | -€2,809 | -52.1% |
| Stocks | 30/36 | €5,392 | €2,583 | -€2,809 | -52.1% |
| Amounts receivable within one year | 40/41 | €4,634 | €7,574 | +€2,940 | +63.4% |
| Trade receivables | 40 | €208 | €5,653 | +€5,445 | +2,618% |
| Other amounts receivable | 41 | €4,426 | €1,921 | -€2,505 | -56.6% |
| Cash at bank and in hand | 54/58 | €9,584 | €14,135 | +€4,551 | +47.5% |
| Total equity and liabilities | 10/49 | €35,359 | €36,117 | +€758 | +2.1% |
| Equity | 10/15 | €25,553 | €26,968 | +€1,415 | +5.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €36,646 | €36,646 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €34,646 | €34,646 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€31,093 | -€29,678 | +€1,415 | +4.6% |
| Amounts payable | 17/49 | €9,806 | €9,149 | -€657 | -6.7% |
| Amounts payable within one year | 42/48 | €9,806 | €9,149 | -€657 | -6.7% |
| Taxes, remuneration and social security | 45 | €215 | €423 | +€208 | +96.7% |
| Taxes | 450/3 | €215 | €423 | +€208 | +96.7% |
| Other amounts payable | 47/48 | €9,591 | €8,726 | -€865 | -9.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,114 | €5,412 | +€298 | +5.8% |
| Other operating charges | 640/8 | €1,749 | €1,813 | +€64 | +3.7% |
| Gross operating margin | 9900 | €434 | €8,329 | +€7,895 | +1,819% |
| Operating profit (loss) | 9901 | -€6,429 | €1,104 | +€7,533 | |
| Financial income | 75/76B | €327 | €548 | +€221 | +67.6% |
| Recurring financial income | 75 | €327 | €548 | +€221 | +67.6% |
| Financial charges | 65/66B | €69 | €96 | +€27 | +39.1% |
| Recurring financial charges | 65 | €69 | €96 | +€27 | +39.1% |
| Profit (loss) for the period before taxes | 9903 | -€6,171 | €1,556 | +€7,727 | |
| Income taxes | 67/77 | €135 | €141 | +€6 | +4.4% |
| Profit (loss) for the period | 9904 | -€6,306 | €1,415 | +€7,721 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,306 | €1,415 | +€7,721 |
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 27 October 2026 via checked.be.