DÈ MARIO: what changed
Two fiscal 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.
DÈ MARIO
Largest movements
- Tangible fixed assets -€25,836
down €25,836 (-27.0%), from €95,654 to €69,818
- Cash +€14,677
up €14,677 (+18.7%), from €78,327 to €93,003
mainly Depreciation (+€18,950) and Trade debts (+€12,159)
- Receivables within one year +€6,453
up €6,453 (+13.9%), from €46,491 to €52,945
of which Trade receivables: +€18,362
- Deferred charges and accrued income -€3,335
down €3,335 (-28.9%), from €11,522 to €8,188
- Reserves -€14,756
down €14,756 (-7.4%), from €200,749 to €185,993
- Trade debts +€12,159
up €12,159 (+1397.5%), from €870 to €13,029
- Debts after one year -€5,513
down €5,513 (-87.1%), from €6,331 to €818
- Gross operating margin -€44,115
down €44,115 (-56.4%), from €78,204 to €34,089
- Taxes -€12,793
down €12,793 (-82.5%), from €15,498 to €2,705
- Financial charges +€4,195
up €4,195 (+192.5%), from €2,179 to €6,374
- Depreciation -€2,225
down €2,225 (-10.5%), from €21,175 to €18,950
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.
Cash bridge derived
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 | €231,994 | €223,953 | -€8,041 | -3.5% |
| Fixed assets | 21/28 | €95,654 | €69,818 | -€25,836 | -27.0% |
| Tangible fixed assets | 22/27 | €95,654 | €69,818 | -€25,836 | -27.0% |
| Land and buildings | 22 | €49,917 | €47,335 | -€2,583 | -5.2% |
| Plant, machinery and equipment | 23 | €21,996 | €9,755 | -€12,241 | -55.6% |
| Furniture and vehicles | 24 | €23,740 | €12,728 | -€11,013 | -46.4% |
| Current assets | 29/58 | €136,340 | €154,136 | +€17,795 | +13.1% |
| Amounts receivable within one year | 40/41 | €46,491 | €52,945 | +€6,453 | +13.9% |
| Trade receivables | 40 | €9,916 | €28,277 | +€18,362 | +185.2% |
| Other amounts receivable | 41 | €36,575 | €24,667 | -€11,908 | -32.6% |
| Cash at bank and in hand | 54/58 | €78,327 | €93,003 | +€14,677 | +18.7% |
| Deferred charges and accrued income | 490/1 | €11,522 | €8,188 | -€3,335 | -28.9% |
| Total equity and liabilities | 10/49 | €231,994 | €223,953 | -€8,041 | -3.5% |
| Equity | 10/15 | €219,349 | €204,593 | -€14,756 | -6.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €200,749 | €185,993 | -€14,756 | -7.4% |
| Distributable reserves | 133 | €200,749 | €185,993 | -€14,756 | -7.4% |
| Amounts payable | 17/49 | €12,645 | €19,360 | +€6,715 | +53.1% |
| Amounts payable after more than one year | 17 | €6,331 | €818 | -€5,513 | -87.1% |
| Financial debts | 170/4 | €6,331 | €818 | -€5,513 | -87.1% |
| Amounts payable within one year | 42/48 | €6,314 | €18,542 | +€12,228 | +193.6% |
| Current portion of amounts payable after more than one year | 42 | €5,376 | €5,513 | +€137 | +2.5% |
| Trade debts | 44 | €870 | €13,029 | +€12,159 | +1397.5% |
| Suppliers | 440/4 | €870 | €13,029 | +€12,159 | +1397.5% |
| Taxes, remuneration and social security | 45 | €68 | - | -€68 | |
| Taxes | 450/3 | €68 | - | -€68 | |
| Non-recurring operating income | 76A | - | €7,532 | +€7,532 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,175 | €18,950 | -€2,225 | -10.5% |
| Other operating charges | 640/8 | €1,600 | €1,113 | -€487 | -30.5% |
| Non-recurring operating charges | 66A | €6,586 | - | -€6,586 | |
| Gross operating margin | 9900 | €78,204 | €34,089 | -€44,115 | -56.4% |
| Operating profit (loss) | 9901 | €48,844 | €14,027 | -€34,817 | -71.3% |
| Financial income | 75/76B | €4 | €0 | -€4 | -95.9% |
| Recurring financial income | 75 | €4 | €0 | -€4 | -95.9% |
| Financial charges | 65/66B | €2,179 | €6,374 | +€4,195 | +192.5% |
| Recurring financial charges | 65 | €2,179 | €6,374 | +€4,195 | +192.5% |
| Profit (loss) for the period before taxes | 9903 | €46,668 | €7,653 | -€39,015 | -83.6% |
| Income taxes | 67/77 | €15,498 | €2,705 | -€12,793 | -82.5% |
| Profit (loss) for the period | 9904 | €31,170 | €4,948 | -€26,222 | -84.1% |
| Profit (loss) for the period to be appropriated | 9905 | €31,170 | €4,948 | -€26,222 | -84.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.