MARCTEX: what changed
What changed
MARCTEX
NACE 70.100, Activities of head offices
filed annual accounts (NBB)
Net result for the year
-€34,205
2024 · €30,429-€64,634
Equity
€584,715
2024 · €618,920-€34,205
Cash
€3,997
2024 · €12,702-€8,705
Balance sheet total
€1.0m
2024 · €987,344+€61,939
Largest movements
Assets
- Tangible fixed assets +€61,764
up €61,764 (+6.3%), from €972,752 to €1.0m
of which Furniture and vehicles: +€62,235
Equity and liabilities
- Debts after one year +€101,000
up €101,000 (+32.1%), from €315,000 to €416,000
- Profit (loss) carried forward -€34,205
down €34,205 (-38.0%), from -€89,980 to -€124,185
Income statement
- Gross operating margin -€72,409
down €72,409, from €44,384 to -€28,025
- Write-downs -€9,000
down €9,000 (-100%), from €9,000 to €0
- Depreciation +€1,681
up €1,681 (+357%), from €471 to €2,152
- Other operating charges -€496
down €496 (-12.6%), from €3,935 to €3,439
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€30,429
Gross operating margin
-€72,409
Depreciation
-€1,681
Write-downs
+€9,000
Other operating charges
+€496
Financial income
-€113
Financial charges
-€1
Taxes
+€75
Result 2025
-€34,205
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€45,789
Investment
-€63,917
Financing
+€101,000
Cash 2024
€12,702
From operations (derived)
-€45,789
Net result for the year
-€34,205
Depreciation
+€2,152
Receivables within one year
-€6,973
Deferred charges and accrued income
-€1,908
Trade debts
+€2,911
Tax, wage and social debts
-€3,918
Other debts
-€3,849
Investment (derived)
-€63,917
Investment in fixed assets (net)
-€63,917
Financing
+€101,000
Debts after one year
+€101,000
Cash 2025
€3,997
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €987,344 | €1,049,283 | +€61,939 | +6.3% |
| Fixed assets | 21/28 | €972,752 | €1,034,516 | +€61,764 | +6.3% |
| Tangible fixed assets | 22/27 | €972,752 | €1,034,516 | +€61,764 | +6.3% |
| Land and buildings | 22 | €723,965 | €723,965 | = | 0.0% |
| Plant, machinery and equipment | 23 | €248,787 | €248,315 | -€471 | -0.2% |
| Furniture and vehicles | 24 | - | €62,235 | +€62,235 | |
| Current assets | 29/58 | €14,592 | €14,767 | +€175 | +1.2% |
| Amounts receivable within one year | 40/41 | €1,890 | €8,863 | +€6,973 | +369% |
| Trade receivables | 40 | €1,890 | €2,374 | +€484 | +25.6% |
| Other amounts receivable | 41 | - | €6,489 | +€6,489 | |
| Cash at bank and in hand | 54/58 | €12,702 | €3,997 | -€8,705 | -68.5% |
| Deferred charges and accrued income | 490/1 | - | €1,908 | +€1,908 | |
| Total equity and liabilities | 10/49 | €987,344 | €1,049,283 | +€61,939 | +6.3% |
| Equity | 10/15 | €618,920 | €584,715 | -€34,205 | -5.5% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €608,900 | €608,900 | = | 0.0% |
| Distributable reserves | 133 | €608,900 | €608,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€89,980 | -€124,185 | -€34,205 | -38.0% |
| Amounts payable | 17/49 | €368,424 | €464,568 | +€96,144 | +26.1% |
| Amounts payable after more than one year | 17 | €315,000 | €416,000 | +€101,000 | +32.1% |
| Financial debts | 170/4 | €315,000 | €416,000 | +€101,000 | +32.1% |
| Amounts payable within one year | 42/48 | €53,424 | €48,568 | -€4,856 | -9.1% |
| Trade debts | 44 | €1,963 | €4,874 | +€2,911 | +148% |
| Suppliers | 440/4 | €1,963 | €4,874 | +€2,911 | +148% |
| Taxes, remuneration and social security | 45 | €5,004 | €1,086 | -€3,918 | -78.3% |
| Taxes | 450/3 | €5,004 | €1,086 | -€3,918 | -78.3% |
| Other amounts payable | 47/48 | €46,458 | €42,608 | -€3,849 | -8.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €471 | €2,152 | +€1,681 | +357% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €9,000 | €0 | -€9,000 | -100% |
| Other operating charges | 640/8 | €3,935 | €3,439 | -€496 | -12.6% |
| Gross operating margin | 9900 | €44,384 | -€28,025 | -€72,409 | |
| Operating profit (loss) | 9901 | €30,978 | -€33,616 | -€64,594 | |
| Financial income | 75/76B | €117 | €4 | -€113 | -97.0% |
| Recurring financial income | 75 | €117 | €4 | -€113 | -97.0% |
| Financial charges | 65/66B | €69 | €70 | +€1 | +2.0% |
| Recurring financial charges | 65 | €69 | €70 | +€1 | +2.0% |
| Profit (loss) for the period before taxes | 9903 | €31,025 | -€33,683 | -€64,709 | |
| Income taxes | 67/77 | €596 | €521 | -€75 | -12.5% |
| Profit (loss) for the period | 9904 | €30,429 | -€34,205 | -€64,634 | |
| Profit (loss) for the period to be appropriated | 9905 | €30,429 | -€34,205 | -€64,634 |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.