BAR MARCEL: 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.
BAR MARCEL
Largest movements
- Tangible fixed assets -€17,908
down €17,908 (-25.1%), from €71,359 to €53,451
of which Plant, machinery and equipment: -€17,338
- Cash -€11,679
down €11,679 (-81.4%), from €14,342 to €2,662
mainly Current portion of long-term debt (-€15,372) and Net result for the year (-€7,044)
- Receivables within one year -€2,193
down €2,193 (-28.1%), from €7,795 to €5,601
of which Other amounts receivable: -€1,181
- Deferred charges and accrued income -€1,559
down €1,559 (-81.3%), from €1,917 to €358
- Current portion of long-term debt -€15,372
down €15,372 (-77.1%), from €19,941 to €4,569
- Reserves -€7,044
down €7,044 (-58.4%), from €12,071 to €5,027
- Tax, wage and social debts -€5,779
down €5,779 (-50.4%), from €11,456 to €5,677
of which Taxes: -€3,860
- Other debts -€2,696
down €2,696 (-5.8%), from €46,570 to €43,874
- Trade debts -€2,435
down €2,435 (-10.1%), from €24,017 to €21,583
- Staff costs -€16,076
down €16,076 (-38.8%), from €41,437 to €25,361
- Gross operating margin -€6,365
down €6,365 (-14.5%), from €44,040 to €37,675
- Depreciation -€3,097
down €3,097 (-14.7%), from €21,005 to €17,908
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 | €100,421 | €67,095 | -€33,326 | -33.2% |
| Fixed assets | 21/28 | €71,359 | €53,451 | -€17,908 | -25.1% |
| Tangible fixed assets | 22/27 | €71,359 | €53,451 | -€17,908 | -25.1% |
| Plant, machinery and equipment | 23 | €70,621 | €53,283 | -€17,338 | -24.6% |
| Furniture and vehicles | 24 | €738 | €167 | -€570 | -77.3% |
| Current assets | 29/58 | €29,062 | €13,644 | -€15,418 | -53.1% |
| Stocks and contracts in progress | 3 | €5,009 | €5,022 | +€14 | +0.3% |
| Stocks | 30/36 | €5,009 | €5,022 | +€14 | +0.3% |
| Amounts receivable within one year | 40/41 | €7,795 | €5,601 | -€2,193 | -28.1% |
| Trade receivables | 40 | €5,045 | €4,033 | -€1,012 | -20.1% |
| Other amounts receivable | 41 | €2,750 | €1,569 | -€1,181 | -43.0% |
| Cash at bank and in hand | 54/58 | €14,342 | €2,662 | -€11,679 | -81.4% |
| Deferred charges and accrued income | 490/1 | €1,917 | €358 | -€1,559 | -81.3% |
| Total equity and liabilities | 10/49 | €100,421 | €67,095 | -€33,326 | -33.2% |
| Equity | 10/15 | -€1,564 | -€8,608 | -€7,044 | -450% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | €12,071 | €5,027 | -€7,044 | -58.4% |
| Distributable reserves | 133 | €12,071 | €5,027 | -€7,044 | -58.4% |
| Profit (loss) carried forward | 14 | -€20,635 | -€20,635 | = | 0.0% |
| Amounts payable | 17/49 | €101,984 | €75,702 | -€26,282 | -25.8% |
| Amounts payable within one year | 42/48 | €101,984 | €75,702 | -€26,282 | -25.8% |
| Current portion of amounts payable after more than one year | 42 | €19,941 | €4,569 | -€15,372 | -77.1% |
| Trade debts | 44 | €24,017 | €21,583 | -€2,435 | -10.1% |
| Suppliers | 440/4 | €24,017 | €21,583 | -€2,435 | -10.1% |
| Taxes, remuneration and social security | 45 | €11,456 | €5,677 | -€5,779 | -50.4% |
| Taxes | 450/3 | €9,537 | €5,677 | -€3,860 | -40.5% |
| Remuneration and social security | 454/9 | €1,919 | - | -€1,919 | |
| Other amounts payable | 47/48 | €46,570 | €43,874 | -€2,696 | -5.8% |
| Remuneration, social security and pensions | 62 | €41,437 | €25,361 | -€16,076 | -38.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,005 | €17,908 | -€3,097 | -14.7% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €44,040 | €37,675 | -€6,365 | -14.5% |
| Operating profit (loss) | 9901 | -€18,790 | -€5,994 | +€12,796 | +68.1% |
| Financial income | 75/76B | €0 | €0 | -€0 | -85.7% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -85.7% |
| Financial charges | 65/66B | €1,241 | €848 | -€392 | -31.6% |
| Recurring financial charges | 65 | €1,241 | €848 | -€392 | -31.6% |
| Profit (loss) for the period before taxes | 9903 | -€20,030 | -€6,842 | +€13,188 | +65.8% |
| Income taxes | 67/77 | €604 | €202 | -€403 | -66.7% |
| Profit (loss) for the period | 9904 | -€20,635 | -€7,044 | +€13,591 | +65.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,635 | -€7,044 | +€13,591 | +65.9% |
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 15 October 2026 via checked.be.