MARLINK (0420.594.572): financials and annual accounts

MARLINK

Ixelles ·KBO/BCE: BE 0420.594.572

Line	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Balance sheet: assets
Total assets`20/58`	39.3m	28.8m	21.0m	21.0m	30.2m	29.2m	39.0m	22.6m	22.5m	24.3m	19.9m	18.3m	34.0m	31.1m	22.9m	23.4m	22.1m	16.1m
Fixed assets`21/28`	8.9m	8.9m	8.9m	8.9m	9.0m	9.0m	9.0m	122,440	960,327	-	-	-	1.2m	1.4m	2.2m	2.8m	4.4m	6.0m
Intangible fixed assets`21`	0	0	-	-	-	-	-	-	-	4,960	4,960	5,179	8,305	200,949	842,073	995,004	2.2m	4.0m
Tangible fixed assets`22/27`	4,317	18,636	74,123	115,329	167,930	223,264	221,019	2,084	41,544	102,854	138,627	181,153	235,623	305,844	382,714	743,100	683,955	416,945
Plant, machinery and equipment`23`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	322	4,506	11,946
Furniture and vehicles`24`	4,317	11,140	22,817	20,214	29,005	37,818	1,126	2,084	3,043	21,585	23,123	27,148	43,117	74,340	111,933	116,572	120,999	90,748
Other tangible fixed assets`26`	-	7,497	51,306	95,115	138,925	181,500	-	-	38,501	77,003	115,504	154,005	192,506	231,503	270,781	310,059	2,890	264,479
Assets under construction and advance payments`27`	-	-	-	-	-	3,946	219,893	-	-	4,266	-	-	-	-	-	316,147	555,559	49,772
Financial fixed assets`28`	8.9m	8.9m	8.9m	8.8m	8.8m	8.8m	8.8m	120,356	918,783	918,782	918,783	918,783	918,783	918,783	938,156	1.0m	1.5m	1.6m
Affiliated companies`280/1`	-	-	-	-	8.8m	8.8m	8.8m	107,856	906,283	-	906,283	906,283	906,283	906,283	906,283	1.0m	1.5m	1.5m
Participating interests`280`	-	-	-	-	8.8m	8.8m	8.8m	107,856	906,283	-	906,283	906,283	906,283	906,283	906,283	1.0m	1.5m	1.5m
Other financial fixed assets`284/8`	-	-	-	-	12,500	12,500	12,500	12,500	12,500	-	12,500	12,500	12,500	12,500	31,873	15,117	2,568	29,556
Amounts receivable and cash guarantees`285/8`	-	-	-	-	12,500	12,500	12,500	12,500	12,500	-	12,500	12,500	12,500	12,500	31,873	15,117	2,568	29,556
Current assets`29/58`	30.4m	19.9m	12.1m	12.0m	21.2m	20.2m	29.9m	22.5m	21.5m	23.2m	18.9m	17.2m	32.9m	29.7m	20.7m	20.7m	17.7m	10.1m
Stocks and contracts in progress`3`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	149,979	171,726	161,718	138,905
Stocks`30/36`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	149,979	171,726	161,718	138,905
Goods purchased for resale`34`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	149,979	171,726	161,718	138,905
Amounts receivable within one year`40/41`	29.9m	19.7m	11.7m	11.9m	20.8m	19.0m	28.5m	21.1m	19.1m	15.0m	14.0m	11.5m	21.1m	26.6m	17.3m	18.5m	12.8m	8.2m
Trade receivables`40`	1.5m	4.2m	1.8m	1.3m	1.2m	1.9m	2.0m	2.8m	3.8m	5.3m	6.7m	7.8m	13.4m	12.0m	11.6m	11.8m	12.5m	8.2m
Other amounts receivable`41`	28.4m	15.5m	10.0m	10.6m	19.5m	17.1m	26.5m	18.3m	15.3m	9.7m	7.3m	3.6m	7.8m	14.6m	5.7m	6.7m	254,005	44,268
Cash at bank and in hand`54/58`	136,647	104	316,163	162,593	407,072	1.2m	1.4m	1.4m	2.4m	8.2m	4.8m	5.6m	11.5m	2.8m	3.1m	2.0m	4.7m	1.7m
Deferred charges and accrued income`490/1`	311,954	184,707	9,103	7,888	10,922	16,133	-	-	-	4,975	83,414	150,063	239,078	286,662	125,625	32,581	49,859	58,712
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	39.3m	28.8m	21.0m	21.0m	30.2m	29.2m	39.0m	22.6m	22.5m	24.3m	19.9m	18.3m	34.0m	31.1m	22.9m	23.4m	22.1m	16.1m
Equity`10/15`	16.4m	16.1m	15.7m	15.3m	15.1m	15.0m	14.9m	14.6m	14.9m	13.3m	10.9m	9.5m	8.2m	10.5m	11.2m	11.1m	10.2m	7.5m
Contributions`10/11`	14.0m	14.0m	14.0m	14.0m	14.0m	8.4m	8.4m	8.4m	8.4m	-	-	-	8.4m	8.4m	8.4m	8.4m	8.4m	8.4m
Capital`10`	8.4m	8.4m	8.4m	8.4m	-	-	-	-	-	8.4m	8.4m	8.4m	-	-	-	-	-	-
Issued capital`100`	8.4m	8.4m	8.4m	8.4m	8.4m	8.4m	8.4m	8.4m	8.4m	8.4m	8.4m	8.4m	8.4m	8.4m	8.4m	8.4m	8.4m	8.4m
Contributions outside capital`11`	5.6m	5.6m	5.6m	5.6m	5.6m	5.6m	5.6m	5.6m	5.6m	5.6m	5.6m	5.6m	5.6m	5.6m	5.6m	5.6m	5.6m	5.6m
Share premium`1100/10`	5.6m	5.6m	5.6m	5.6m	5.6m	5.6m	5.6m	5.6m	5.6m	-	-	-	5.6m	5.6m	5.6m	5.6m	5.6m	5.6m
Reserves`13`	620,623	530,690	452,729	373,181	321,015	263,209	234,556	182,351	78,767	78,767	78,767	78,767	78,768	78,767	78,767	78,767	78,767	78,767
Non-distributable reserves`130/1`	620,623	530,690	452,729	373,181	321,015	-	-	-	-	-	-	-	-	-	-	-	-	-
Legal reserve`130`	620,623	530,690	452,729	373,181	321,015	263,209	234,556	182,351	78,767	78,767	78,767	78,767	78,768	78,767	78,767	78,767	78,767	78,767
Profit (loss) carried forward`14`	1.8m	1.5m	1.3m	943,859	802,700	704,388	659,983	468,095	803,867	-789,027	-3.1m	-4.6m	-5.8m	-3.6m	-2.9m	-2.9m	-3.9m	-6.5m
Provisions and deferred taxes`16`	-	-	-	-	-	-	-	-	-	49,818	595,502	385,857	213,683	594,047	366,947	48,020	62,322	72,179
Provisions for liabilities and charges`160/5`	-	-	-	-	-	-	-	-	-	49,818	595,502	385,857	213,683	594,047	366,947	48,020	62,322	72,179
Pensions and similar obligations`160`	-	-	-	-	-	-	-	-	-	-	16,382	31,737	40,683	16,355	18,788	3,020	17,322	27,179
Other liabilities and charges`164/5`	-	-	-	-	-	-	-	-	-	-	-	-	173,000	577,692	348,159	45,000	45,000	45,000
Amounts payable`17/49`	22.9m	12.7m	5.3m	5.7m	15.1m	14.3m	24.1m	8.0m	7.6m	10.9m	8.4m	8.4m	25.6m	20.1m	11.3m	12.2m	11.9m	8.5m
Amounts payable after more than one year`17`	771,035	621,133	919,973	1.1m	11.0m	10.5m	1.2m	1.2m	1.3m	1.7m	1.6m	1.8m	1.7m	1.7m	2.4m	2.2m	2.1m	1.8m
Financial debts`170/4`	-	-	-	-	9.9m	9.4m	-	-	-	-	-	-	-	-	-	-	-	-
Other loans`174`	-	-	-	-	9.9m	9.4m	-	-	-	-	-	-	-	-	-	-	-	-
Other amounts payable`178/9`	771,035	621,133	919,973	1.1m	1.1m	1.1m	1.2m	1.2m	1.3m	1.7m	1.6m	1.8m	1.7m	1.7m	2.4m	2.2m	2.1m	1.8m
Amounts payable within one year`42/48`	21.3m	11.4m	4.0m	4.1m	3.6m	3.3m	22.4m	6.0m	5.4m	6.7m	4.5m	4.6m	22.2m	17.2m	5.3m	7.2m	8.8m	6.7m
Financial debts`43`	-	-	316,163	162,593	-	-	8.9m	-	-	-	-	-	-	-	-	-	-	-
Other loans`439`	-	-	316,163	162,593	-	-	8.9m	-	-	-	-	-	-	-	-	-	-	-
Trade debts`44`	1.9m	5.6m	1.1m	913,789	1.2m	2.1m	1.7m	1.5m	3.9m	4.7m	3.2m	2.6m	13.2m	3.6m	4.8m	6.8m	8.3m	6.3m
Suppliers`440/4`	1.9m	5.6m	1.1m	913,789	1.2m	2.1m	1.7m	1.5m	3.9m	4.7m	3.2m	2.6m	13.2m	3.6m	4.8m	6.8m	8.3m	6.3m
Bills of exchange payable`441`	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Advances received on contracts in progress`46`	-	-	-	-	-	-	-	-	-	-	-	-	-	66,435	-	-	-	-
Taxes, remuneration and social security`45`	655,664	971,017	1.0m	783,968	574,339	678,604	883,721	915,386	594,647	625,193	640,850	555,846	520,785	381,342	374,435	400,543	409,760	355,840
Taxes`450/3`	6,292	305,906	-	-	-	-	227,030	305,576	873	1,328	2,293	775	-	-	133	-	-	-
Remuneration and social security`454/9`	649,372	665,111	1.0m	783,968	574,339	678,604	656,691	609,810	593,775	623,865	638,557	555,071	520,785	381,342	374,302	400,543	409,760	355,840
Other amounts payable`47/48`	18.7m	4.8m	1.7m	2.3m	1.8m	527,895	10.9m	3.6m	939,545	1.4m	693,354	1.4m	8.5m	13.2m	50,115	385	11,866	38,329
Accrued charges and deferred income`492/3`	820,766	726,980	350,363	412,279	403,332	441,584	522,334	799,306	925,856	2.6m	2.3m	2.1m	1.6m	1.1m	3.7m	2.9m	1.0m	-
Income statement
Operating income`70/76A`	-	-	-	-	10.9m	10.6m	15.0m	16.7m	20.8m	-	-	-	42.5m	39.7m	45.1m	47.3m	40.7m	37.0m
Turnover`70`	-	-	-	-	8.2m	8.7m	13.1m	15.5m	20.0m	-	25.8m	34.1m	42.4m	38.5m	44.6m	47.1m	40.3m	36.9m
Other operating income`74`	-	-	-	-	-	-	-	-	-	-	1.3m	1.2m	-	-	-	-	-	-
Non-recurring operating income`76A`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	73,275	-	28,213	-
Gross operating margin`9900`	1.8m	3.7m	1.7m	893,269	-	-	-	-	-	4.0m	-	-	-	-	-	-	-	-
Operating charges`60/66A`	-	-	-	-	9.2m	9.9m	14.5m	14.9m	20.0m	-	-	-	44.3m	39.7m	45.4m	45.3m	38.3m	34.7m
Goods for resale, raw materials and consumables`60`	-	-	-	-	6.8m	6.9m	10.5m	11.0m	13.6m	-	18.1m	24.9m	35.9m	30.1m	35.0m	35.8m	28.7m	25.9m
Purchases`600/8`	-	-	-	-	6.8m	6.9m	10.5m	11.0m	13.6m	-	18.1m	24.9m	35.9m	29.9m	34.9m	35.8m	28.7m	25.9m
Change in stocks: decrease (increase)`609`	-	-	-	-	-	-	-	-	-	-	-	-	-	149,979	21,748	-10,008	-22,813	39,341
Services and other goods`61`	-	-	-	-	520,887	1.0m	1.4m	1.8m	3.4m	-	4.8m	4.9m	3.4m	4.6m	5.8m	5.4m	4.3m	4.0m
Remuneration, social security and pensions`62`	2.8m	2.6m	2.1m	2.1m	2.1m	2.1m	2.2m	2.3m	2.1m	-	3.0m	3.0m	3.2m	3.6m	3.4m	2.8m	2.9m	2.6m
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	14,517	57,265	54,570	52,601	52,555	44,167	958	39,460	64,509	40,039	42,746	57,596	80,684	728,478	714,831	1.3m	2.0m	2.2m
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)`631/4`	-225,928	-686,720	-332,097	-700,186	-310,303	-255,218	224,500	-231,823	819,846	-371,510	-97,520	-159,813	1.5m	450,444	73,090	66,788	216,007	-4,900
Provisions for liabilities and charges: additions (uses and reversals)`635/8`	-	-	-	-	-	-	-	-	-49,818	-	-	-	-380,363	99,100	318,927	-14,302	-9,856	-42,221
Other operating charges`640/8`	366,514	732,893	324,093	551,281	31,402	139,796	156,488	42,166	53,855	189,176	480,587	449,599	533,096	146,109	91,331	56,133	252,656	51,087
Non-recurring operating charges`66A`	-	12,852	8,184	-	17,229	4,996	155	6,000	125	-	-	-	-	-	94,048	508,491	-	28,896
Operating profit (loss)`9901`	-1.1m	928,345	-531,829	-1.1m	1.6m	707,068	504,139	1.8m	769,730	1.3m	530,818	2.0m	-1.7m	56,996	-352,278	2.0m	2.4m	2.3m
Financial income`75/76B`	3.6m	1.5m	2.2m	2.6m	1.3m	1.2m	14.4m	9.1m	2.1m	-	-	-	5.4m	5.8m	17.5m	10.2m	13.1m	4.1m
Recurring financial income`75`	3.6m	1.5m	2.2m	2.6m	1.3m	1.2m	14.4m	9.1m	2.1m	1.5m	1.9m	1.3m	5.4m	5.8m	17.5m	10.2m	13.1m	4.1m
Income from financial fixed assets`750`	-	-	-	-	920,217	542,545	629,604	1.1m	-	-	-	-	-	-	-	-	-	-
Income from current assets`751`	-	-	-	-	373,317	631,624	610,540	431,617	500,602	-	126,990	12,962	22,011	25,507	20,406	11,004	31,797	43,209
Other financial income`752/9`	-	-	-	-	-	-	13.1m	7.6m	1.6m	-	1.8m	1.3m	5.4m	5.8m	17.5m	10.2m	13.1m	4.0m
Financial charges`65/66B`	458,987	560,862	64,464	482,121	1.8m	1.3m	13.5m	9.4m	1.3m	-	-	-	5.9m	6.6m	17.1m	10.7m	12.8m	4.6m
Recurring financial charges`65`	458,987	560,862	64,464	457,736	1.8m	1.3m	13.5m	8.7m	1.3m	436,001	963,660	2.0m	5.9m	6.6m	17.1m	10.7m	12.8m	4.6m
Debt charges`650`	-	-	-	-	554,327	898,132	468,853	33,995	63,923	-	35,610	60,727	69,057	7,673	67	1,227	1,589	187,805
Other financial charges`652/9`	-	-	-	-	1.2m	376,228	13.1m	8.6m	1.2m	-	-	-	5.8m	6.6m	17.1m	10.7m	12.8m	4.4m
Non-recurring financial charges`66B`	-	-	-	24,385	-	-	-	773,426	-	-	-	-	-	-	-	-	-	-
Profit (loss) for the period before taxes`9903`	2.0m	1.8m	1.6m	1.0m	1.1m	606,876	1.3m	1.5m	1.6m	2.4m	1.5m	1.2m	-2.2m	-722,061	46,225	953,214	2.7m	1.7m
Income taxes`67/77`	243,463	272,877	5,945	1,813	-11,826	33,817	290,347	191,289	873	250	2,666	12,582	1,126	68	-489	-4,174	3,528	2,385
Taxes`670/3`	-	-	-	-	15,302	33,817	290,347	191,289	873	-	2,666	12,582	1,126	68	41	529	3,528	3,725
Tax adjustments and reversals of tax provisions`77`	-	-	-	-	27,127	-	-	-	-	-	-	-	-	-	529	4,703	-	1,340
Profit (loss) for the period`9904`	1.8m	1.6m	1.6m	1.0m	1.2m	573,059	1.0m	1.3m	1.6m	2.4m	1.5m	1.2m	-2.2m	-722,129	46,713	957,388	2.7m	1.7m
Profit (loss) for the period to be appropriated`9905`	1.8m	1.6m	1.6m	1.0m	1.2m	573,059	1.0m	1.3m	1.6m	2.4m	1.5m	1.2m	-2.2m	-722,129	46,713	957,388	2.7m	1.7m
Appropriation of the result
Profit (loss) to be appropriated`9906`	3.3m	2.8m	2.5m	1.8m	1.9m	1.2m	1.5m	2.1m	803,867	-789,027	-3.1m	-4.6m	-5.8m	-3.6m	-2.9m	-2.9m	-3.9m	-6.5m
Profit (loss) brought forward from the previous period`14P`	1.5m	1.3m	943,859	802,700	-	-	-	-	-	-3.1m	-4.6m	-5.8m	-	-	-	-	-	-
Transfer to equity`691/2`	89,933	77,961	79,549	52,166	57,806	28,653	52,205	103,584	-	-	-	-	-	-	-	-	-	-
To the legal reserve`6920`	89,933	77,961	79,549	52,166	57,806	28,653	52,205	103,584	-	-	-	-	-	-	-	-	-	-
Profit to be distributed`694/7`	1.4m	1.2m	1.2m	850,000	1.0m	500,000	800,000	1.5m	-	-	-	-	-	-	-	-	-	-
Return on contributions (dividend)`694`	1.4m	1.2m	1.2m	850,000	1.0m	500,000	800,000	1.5m	-	-	-	-	-	-	-	-	-	-
Social balance sheet
Average staff (FTE)`9087`	17.5	16.2	16.5	16.8	17.1	18	19.1	18.6	18.8	20.9	26.8	28.2	29.2	31.1	35.1	33.3	35.5	35.6
Men (FTE)`1003`	-	-	-	-	12.3	13	14	13.8	14	-	-	-	20.8	-	-	-	-	-
Women (FTE)`1003`	-	-	-	-	4.8	5	5.1	4.8	4.8	-	-	-	8.4	-	-	-	-	-
Agency workers`1501`	-	-	-	-	-	-	-	-	-	-	-	-	0.5	1.3	0.9	0.9	-	0.3
Hours worked`1013`	29,376	26,957	27,546	28,585	28,434	28,360	31,878	31,395	31,099	-	-	-	46,689	50,939	58,642	55,352	59,072	58,565
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Financial year	Type	Filed	Reference	Document
31-12-2024	full format	27-06-2025	2025-00209855	PDF
31-12-2023	full format	26-06-2024	2024-00171951	PDF
31-12-2022	full format	16-05-2023	2023-00093454	PDF
31-12-2021	full format	18-05-2022	2022-20032144	PDF
31-12-2020	full format	26-04-2021	2021-11700419	PDF
31-12-2019	full format	15-07-2020	2020-32100438	PDF
31-12-2018	full format	05-07-2019	2019-31300150	PDF
31-12-2017	full format	18-07-2018	2018-34300418	PDF
31-12-2016	full format	20-06-2017	2017-19700075	PDF
31-12-2015	full format	29-11-2016	2016-68900391	PDF
31-12-2014	full format	29-07-2015	2015-39200384	PDF
31-12-2013	full format	11-06-2014	2014-18600515	PDF
31-12-2012	full format	15-07-2013	2013-32100120	PDF
31-12-2011	full format	27-07-2012	2012-37200295	PDF
31-12-2010	full format	03-06-2011	2011-14700192	PDF
31-12-2009	full format	23-06-2010	2010-21000082	PDF
31-12-2008	full format	09-06-2009	2009-20900039	PDF
31-12-2007	full format	13-06-2008	2008-22800117	PDF
31-12-2006	full format	24-07-2007	2007-46800227	PDF
31-12-2005	full format	02-11-2006	2006-86502720	PDF
31-12-2004	full format	30-11-2005	2005-87703465	PDF
31-12-2003	full format	25-10-2004	2004-75001432	PDF
31-12-2002	full format	14-07-2003	2003-43701709	PDF
31-12-2001	full format	21-10-2002	2002-67603840	PDF
31-12-2000	full format	11-12-2001	2001-75101624	PDF
31-12-1999	full format	13-10-2000	2000-64702644	PDF
31-12-1998	full format	15-06-1999	1999-18103046	PDF
31-12-1997	full format	29-06-1998	1998-24304945	PDF
31-12-1996	full format	18-07-1997	1997-31504820	PDF
31-12-1995	full format	08-07-1996	1996-32103192	PDF
31-12-1994	full format	14-06-1995	1995-23605041	PDF
31-12-1993	full format	20-07-1994	1994-31203991	PDF
31-12-1992	full format	11-06-1993	1993-12103637	PDF
31-12-1991	full format	22-06-1992	1992-13601550	PDF
31-12-1990	full format	24-06-1991	1991-11902367	PDF
31-12-1989	full format	13-09-1990	1990-23700993	PDF
31-12-1988	full format	08-06-1989	1989-07203748	PDF
31-12-1987	full format	28-06-1988	1988-11002666	PDF
31-12-1986	full format	11-06-1987	1987-09503699	PDF
31-12-1985	full format	19-05-1987	1987-06500529	PDF
31-12-1984	full format	24-06-1985	1985-14401036	PDF
31-12-1983	unclassified schema	07-02-1985	1985-00600770	PDF
31-12-1982	unclassified schema	06-01-1984	1984-00102028	PDF
31-12-1981	unclassified schema	29-12-1982	1982-14100262	PDF
31-12-1980	unclassified schema	24-06-1981	1981-06500777	PDF

Line	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
EBITDA	-1.1m	985,610	-477,258	-1.0m	1.7m	751,235	505,097	1.8m	834,240	1.4m	573,564	2.0m	-1.7m	785,473	362,553	3.2m	4.3m	4.4m
Cash flow	1.8m	1.6m	1.6m	1.1m	1.2m	617,226	1.0m	1.3m	1.7m	2.4m	1.5m	1.3m	-2.1m	6,348	761,544	2.2m	4.6m	3.9m
Investment in fixed assets (approximation)	16,908	1,778	53,176	24,385	1,166	46,412	8.9m	-798,426	2,506	4,266	1	0	1,311	10,483	201,515	181,700	612,169	309,831
Change in cash	136,543	-316,059	153,570	-244,479	-747,254	-237,824	6,881	-978,488	-5.9m	3.5m	-783,383	-5.9m	8.7m	-343,746	1.1m	-2.8m	3.0m	-
Working capital	9.1m	8.5m	8.0m	7.9m	17.6m	16.9m	7.5m	16.5m	16.1m	16.5m	14.4m	12.6m	10.6m	12.4m	15.4m	13.5m	9.0m	3.4m
EBIT margin	-	-	-	-	20.0%	8.2%	3.8%	11.5%	3.8%	-	2.1%	5.8%	-4.1%	0.1%	-0.8%	4.2%	5.9%	6.1%
Solvency	41.8%	55.8%	74.7%	72.9%	50.1%	51.2%	38.2%	64.6%	66.2%	54.7%	54.7%	51.7%	24.2%	33.6%	48.9%	47.5%	46.0%	46.7%
Current ratio	1.43	1.75	2.99	2.92	5.85	6.10	1.34	3.74	3.98	3.47	4.18	3.75	1.48	1.72	3.93	2.89	2.02	1.51
Quick ratio	1.43	1.75	2.99	2.92	5.85	6.10	1.34	3.74	3.98	3.47	4.18	3.75	1.48	1.72	3.90	2.86	2.00	1.49
Debt to equity	1.39	0.79	0.34	0.37	1.00	0.95	1.62	0.55	0.51	0.82	0.77	0.89	3.11	1.92	1.01	1.10	1.17	1.13
ROE	11.0%	9.7%	10.1%	6.8%	7.7%	3.8%	7.0%	8.7%	10.7%	17.8%	13.3%	13.0%	-27.0%	-6.9%	0.4%	8.6%	26.1%	23.0%
ROA	4.6%	5.4%	7.6%	5.0%	3.8%	2.0%	2.7%	5.6%	7.1%	9.7%	7.3%	6.7%	-6.5%	-2.3%	0.2%	4.1%	12.0%	10.7%
Interest coverage	-2.35	1.76	-7.40	-2.29	3.05	0.84	1.08	53.75	13.05	3.11	16.11	33.47	-24.10	over 100	over 100	over 100	over 100	23.57
Customer credit	-	-	-	-	54 days	79 days	57 days	66 days	70 days	-	94 days	84 days	115 days	114 days	95 days	92 days	113 days	81 days
Supplier credit	-	-	-	-	60 days	97 days	52 days	43 days	83 days	-	51 days	32 days	123 days	38 days	43 days	60 days	92 days	77 days

Item	31-12-2024	31-12-2023	31-12-2022	31-12-2021
Employees at the balance-sheet date	17	17	16	17
full-time	16	16	15	16
part-time	1	1	1	1
in full-time equivalents	16.8	16.8	15.8	16.8
Average over the year, in full-time equivalents	17.5	16.2	16.5	16.8
On a permanent contract	17	17	16	17
Joined	1	1	0	-
Left	1	0	1	-

Item	2024	2023	2022	2021
Tangible fixed assets	€858	€1,778	€13,757	-
Financial fixed assets	€16,050	-	€39,419	€24,385
Depreciation and write-downs of the year	€14,517	€57,265	€54,570	€52,601

MARLINK

Annual accounts 2024

Money flows

Balance sheet

Change in equityin €m

Change in cashin €m

Position in the sector

Solvency41.8%

Current ratio1.43

Return on assets4.6%

Staff

Men and women

Staff cost per FTE€158,054

Joined and left+0

Filed annual accounts

Filings

Key figures and ratios

Social balance sheet

Investments

Insights on MARLINK

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