DIE MARGRIETE: 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.
DIE MARGRIETE
Largest movements
- Tangible fixed assets -€18,111
down €18,111 (-4.0%), from €452,663 to €434,552
- Reserves -€8,109
down €8,109 (-3.8%), from €215,578 to €207,469
of which Tax-exempt reserves: -€8,109
- Profit (loss) carried forward -€5,096
down €5,096 (-14.6%), from €34,885 to €29,788
- Depreciation +€2,880
up €2,880 (+14.9%), from €19,309 to €22,188
- Gross operating margin +€1,493
up €1,493 (+23.0%), from €6,478 to €7,971
- Other operating charges +€376
up €376 (+29.4%), from €1,277 to €1,652
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 | €455,495 | €436,005 | -€19,490 | -4.3% |
| Fixed assets | 21/28 | €452,663 | €434,552 | -€18,111 | -4.0% |
| Tangible fixed assets | 22/27 | €452,663 | €434,552 | -€18,111 | -4.0% |
| Land and buildings | 22 | €452,663 | €434,552 | -€18,111 | -4.0% |
| Current assets | 29/58 | €2,832 | €1,453 | -€1,379 | -48.7% |
| Cash at bank and in hand | 54/58 | €2,832 | €1,453 | -€1,379 | -48.7% |
| Total equity and liabilities | 10/49 | €455,495 | €436,005 | -€19,490 | -4.3% |
| Equity | 10/15 | €271,314 | €258,109 | -€13,205 | -4.9% |
| Contributions | 10/11 | €20,852 | €20,852 | = | 0.0% |
| Contributions outside capital | 11 | - | €20,852 | +€20,852 | |
| Other | 1109/19 | - | €20,852 | +€20,852 | |
| Reserves | 13 | €215,578 | €207,469 | -€8,109 | -3.8% |
| Tax-exempt reserves | 132 | €145,963 | €137,854 | -€8,109 | -5.6% |
| Distributable reserves | 133 | €69,614 | €69,614 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,885 | €29,788 | -€5,096 | -14.6% |
| Provisions and deferred taxes | 16 | €48,654 | €45,951 | -€2,703 | -5.6% |
| Deferred taxes | 168 | €48,654 | €45,951 | -€2,703 | -5.6% |
| Amounts payable | 17/49 | €135,527 | €131,945 | -€3,581 | -2.6% |
| Amounts payable after more than one year | 17 | €130,107 | €129,191 | -€916 | -0.7% |
| Other amounts payable | 178/9 | €130,107 | €129,191 | -€916 | -0.7% |
| Amounts payable within one year | 42/48 | €5,420 | €2,755 | -€2,665 | -49.2% |
| Trade debts | 44 | - | €55 | +€55 | |
| Suppliers | 440/4 | - | €55 | +€55 | |
| Other amounts payable | 47/48 | €5,420 | €2,700 | -€2,720 | -50.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,309 | €22,188 | +€2,880 | +14.9% |
| Other operating charges | 640/8 | €1,277 | €1,652 | +€376 | +29.4% |
| Gross operating margin | 9900 | €6,478 | €7,971 | +€1,493 | +23.0% |
| Operating profit (loss) | 9901 | -€14,107 | -€15,869 | -€1,762 | -12.5% |
| Financial charges | 65/66B | €35 | €39 | +€3 | +9.8% |
| Recurring financial charges | 65 | €35 | €39 | +€3 | +9.8% |
| Profit (loss) for the period before taxes | 9903 | -€14,143 | -€15,908 | -€1,766 | -12.5% |
| Transfer from deferred taxes | 780 | €2,703 | €2,703 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€11,440 | -€13,205 | -€1,766 | -15.4% |
| Transfer from tax-exempt reserves | 789 | €8,109 | €8,109 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,331 | -€5,096 | -€1,766 | -53.0% |
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 16 October 2026 via checked.be.