Group Marinx & Co: 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.
What changed
Group Marinx & Co
NACE 23.120, Manufacture of other non-metallic mineral products
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€1,881
2024 · €7,537-€9,418
Equity
€195,837
2024 · €197,718-€1,881
Cash
€11,866
2024 · €12,366-€500
Balance sheet total
€1.4m
2024 · €1.5m-€58,501
Largest movements
Assets
- Tangible fixed assets -€53,965
down €53,965 (-3.7%), from €1.5m to €1.4m
of which Land and buildings: -€59,919
Equity and liabilities
- Debts after one year -€64,333
down €64,333 (-8.7%), from €742,330 to €677,997
Income statement
- Gross operating margin -€7,144
down €7,144 (-8.0%), from €89,241 to €82,097
- Depreciation +€2,584
up €2,584 (+4.0%), from €64,869 to €67,453
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.
Result 2024
€7,537
Gross operating margin
-€7,144
Depreciation
-€2,584
Other operating charges
-€278
Other operating items
+€517
Financial charges
+€343
Taxes
-€272
Result 2025
-€1,881
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€77,321
Investment
-€13,488
Financing
-€64,333
Cash 2024
€12,366
From operations (derived)
+€77,321
Net result for the year
-€1,881
Depreciation
+€67,453
Receivables within one year
+€10,469
Deferred charges and accrued income
-€6,433
Provisions
-€1,749
Trade debts
-€1,012
Tax, wage and social debts
+€388
Other debts
+€10,087
Investment (derived)
-€13,488
Investment in fixed assets (net)
-€13,488
Financing
-€64,333
Debts after one year
-€64,333
Cash 2025
€11,866
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,495,113 | €1,436,612 | -€58,501 | -3.9% |
| Fixed assets | 21/28 | €1,472,278 | €1,418,313 | -€53,965 | -3.7% |
| Tangible fixed assets | 22/27 | €1,472,278 | €1,418,313 | -€53,965 | -3.7% |
| Land and buildings | 22 | €1,472,278 | €1,412,359 | -€59,919 | -4.1% |
| Furniture and vehicles | 24 | €0 | €5,954 | +€5,954 | |
| Current assets | 29/58 | €22,835 | €18,298 | -€4,536 | -19.9% |
| Amounts receivable within one year | 40/41 | €10,469 | €0 | -€10,469 | -100% |
| Trade receivables | 40 | €10,285 | €0 | -€10,285 | -100% |
| Other amounts receivable | 41 | €184 | €0 | -€184 | -100% |
| Cash at bank and in hand | 54/58 | €12,366 | €11,866 | -€500 | -4.0% |
| Deferred charges and accrued income | 490/1 | €0 | €6,433 | +€6,433 | |
| Total equity and liabilities | 10/49 | €1,495,113 | €1,436,612 | -€58,501 | -3.9% |
| Equity | 10/15 | €197,718 | €195,837 | -€1,881 | -1.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €165,986 | €164,104 | -€1,881 | -1.1% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €121,594 | €114,597 | -€6,997 | -5.8% |
| Distributable reserves | 133 | €44,392 | €49,508 | +€5,116 | +11.5% |
| Profit (loss) carried forward | 14 | €11,732 | €11,732 | = | 0.0% |
| Provisions and deferred taxes | 16 | €30,398 | €28,649 | -€1,749 | -5.8% |
| Deferred taxes | 168 | €30,398 | €28,649 | -€1,749 | -5.8% |
| Amounts payable | 17/49 | €1,266,997 | €1,212,126 | -€54,871 | -4.3% |
| Amounts payable after more than one year | 17 | €742,330 | €677,997 | -€64,333 | -8.7% |
| Financial debts | 170/4 | €742,330 | €677,997 | -€64,333 | -8.7% |
| Amounts payable within one year | 42/48 | €524,666 | €534,129 | +€9,462 | +1.8% |
| Trade debts | 44 | €5,118 | €4,106 | -€1,012 | -19.8% |
| Suppliers | 440/4 | €5,118 | €4,106 | -€1,012 | -19.8% |
| Taxes, remuneration and social security | 45 | €5,319 | €5,706 | +€388 | +7.3% |
| Taxes | 450/3 | €5,319 | €5,706 | +€388 | +7.3% |
| Other amounts payable | 47/48 | €514,230 | €524,316 | +€10,087 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €64,869 | €67,453 | +€2,584 | +4.0% |
| Other operating charges | 640/8 | €4,888 | €5,167 | +€278 | +5.7% |
| Non-recurring operating charges | 66A | €517 | €0 | -€517 | -100% |
| Gross operating margin | 9900 | €89,241 | €82,097 | -€7,144 | -8.0% |
| Operating profit (loss) | 9901 | €18,966 | €9,478 | -€9,489 | -50.0% |
| Financial charges | 65/66B | €10,997 | €10,654 | -€343 | -3.1% |
| Recurring financial charges | 65 | €10,997 | €10,654 | -€343 | -3.1% |
| Profit (loss) for the period before taxes | 9903 | €7,969 | -€1,177 | -€9,146 | |
| Transfer from deferred taxes | 780 | €1,749 | €1,749 | = | 0.0% |
| Transfer to deferred taxes | 680 | €0 | - | = | |
| Income taxes | 67/77 | €2,181 | €2,454 | +€272 | +12.5% |
| Profit (loss) for the period | 9904 | €7,537 | -€1,881 | -€9,418 | |
| Transfer from tax-exempt reserves | 789 | €6,997 | €6,997 | = | 0.0% |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €14,534 | €5,116 | -€9,418 | -64.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.