51, LA MARACHE: 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.
51, LA MARACHE
Largest movements
- Receivables within one year -€2,532
no longer reported in 2025 (was €2,532)
- Tangible fixed assets -€1,504
down €1,504 (-5.4%), from €27,943 to €26,439
of which Furniture and vehicles: -€5,429
- Cash -€1,123
down €1,123 (-22.3%), from €5,036 to €3,914
mainly Tax, wage and social debts (-€12,989) and Investment in fixed assets (net) (-€10,441)
- Tax, wage and social debts -€12,989
down €12,989 (-44.8%), from €28,999 to €16,011
of which Remuneration and social security: -€10,530
- Other debts +€11,239
up €11,239 (+100%), from €11,191 to €22,430
- Current portion of long-term debt -€9,257
down €9,257 (-81.7%), from €11,330 to €2,073
- Profit (loss) carried forward +€7,931
up €7,931 (+41.9%), from -€18,938 to -€11,007
- Short-term financial debts -€2,290
down €2,290 (-23.5%), from €9,750 to €7,460
- Gross operating margin +€25,353
up €25,353 (+54.7%), from €46,366 to €71,718
- Staff costs -€8,255
down €8,255 (-16.9%), from €48,741 to €40,485
- Other operating charges +€5,007
up €5,007 (+404%), from €1,239 to €6,245
- Financial charges -€891
down €891 (-12.4%), from €7,205 to €6,314
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 | €98,072 | €92,809 | -€5,263 | -5.4% |
| Fixed assets | 21/28 | €27,943 | €26,439 | -€1,504 | -5.4% |
| Tangible fixed assets | 22/27 | €27,943 | €26,439 | -€1,504 | -5.4% |
| Plant, machinery and equipment | 23 | - | €8,481 | +€8,481 | |
| Furniture and vehicles | 24 | €10,214 | €4,785 | -€5,429 | -53.2% |
| Leasing and similar rights | 25 | €3,648 | €1,376 | -€2,272 | -62.3% |
| Other tangible fixed assets | 26 | €14,081 | €11,796 | -€2,285 | -16.2% |
| Current assets | 29/58 | €70,129 | €66,370 | -€3,759 | -5.4% |
| Amounts receivable after more than one year | 29 | €47,000 | €47,000 | = | 0.0% |
| Other amounts receivable | 291 | €47,000 | €47,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €10,922 | €9,968 | -€953 | -8.7% |
| Stocks | 30/36 | €10,922 | €9,968 | -€953 | -8.7% |
| Amounts receivable within one year | 40/41 | €2,532 | - | -€2,532 | |
| Trade receivables | 40 | €2,532 | - | -€2,532 | |
| Cash at bank and in hand | 54/58 | €5,036 | €3,914 | -€1,123 | -22.3% |
| Deferred charges and accrued income | 490/1 | €4,640 | €5,488 | +€849 | +18.3% |
| Total equity and liabilities | 10/49 | €98,072 | €92,809 | -€5,263 | -5.4% |
| Equity | 10/15 | €1,522 | €9,453 | +€7,931 | +521% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,938 | -€11,007 | +€7,931 | +41.9% |
| Amounts payable | 17/49 | €96,550 | €83,356 | -€13,194 | -13.7% |
| Amounts payable after more than one year | 17 | €1,049 | - | -€1,049 | |
| Financial debts | 170/4 | €1,049 | - | -€1,049 | |
| Amounts payable within one year | 42/48 | €95,476 | €83,247 | -€12,229 | -12.8% |
| Current portion of amounts payable after more than one year | 42 | €11,330 | €2,073 | -€9,257 | -81.7% |
| Financial debts | 43 | €9,750 | €7,460 | -€2,290 | -23.5% |
| Credit institutions | 430/8 | €9,750 | €7,460 | -€2,290 | -23.5% |
| Trade debts | 44 | €34,206 | €35,274 | +€1,068 | +3.1% |
| Suppliers | 440/4 | €34,206 | €35,274 | +€1,068 | +3.1% |
| Taxes, remuneration and social security | 45 | €28,999 | €16,011 | -€12,989 | -44.8% |
| Taxes | 450/3 | €7,982 | €5,523 | -€2,459 | -30.8% |
| Remuneration and social security | 454/9 | €21,017 | €10,487 | -€10,530 | -50.1% |
| Other amounts payable | 47/48 | €11,191 | €22,430 | +€11,239 | +100% |
| Accrued charges and deferred income | 492/3 | €25 | €109 | +€85 | +340% |
| Non-recurring operating income | 76A | - | €6,384 | +€6,384 | |
| Remuneration, social security and pensions | 62 | €48,741 | €40,485 | -€8,255 | -16.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,413 | €11,945 | +€532 | +4.7% |
| Other operating charges | 640/8 | €1,239 | €6,245 | +€5,007 | +404% |
| Gross operating margin | 9900 | €46,366 | €71,718 | +€25,353 | +54.7% |
| Operating profit (loss) | 9901 | -€15,026 | €13,043 | +€28,069 | |
| Financial income | 75/76B | €1,421 | €1,379 | -€42 | -3.0% |
| Recurring financial income | 75 | €1,421 | €1,379 | -€42 | -3.0% |
| Financial charges | 65/66B | €7,205 | €6,314 | -€891 | -12.4% |
| Recurring financial charges | 65 | €7,205 | €6,314 | -€891 | -12.4% |
| Profit (loss) for the period before taxes | 9903 | -€20,810 | €8,107 | +€28,918 | |
| Income taxes | 67/77 | €170 | €177 | +€6 | +3.8% |
| Profit (loss) for the period | 9904 | -€20,980 | €7,931 | +€28,911 | |
| Profit (loss) for the period to be appropriated | 9905 | -€20,980 | €7,931 | +€28,911 |
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 19 October 2026 via checked.be.