HOORCENTRUM MARINUS: what changed
What changed
HOORCENTRUM MARINUS
NACE 47.741, Retail sale of medical and orthopaedic goods, excluding prescription glasses and lenses
filed annual accounts (NBB)
Net result for the year
€523,734
2024 · €558,291-€34,557
Equity
€2.2m
2024 · €2.0m+€223,947
Cash
€74,898
2024 · €52,224+€22,675
Balance sheet total
€2.8m
2024 · €2.5m+€296,854
Largest movements
Assets
- Tangible fixed assets +€250,871
up €250,871 (+27.7%), from €906,187 to €1.2m
of which Land and buildings: +€261,658
- Current investments +€144,804
up €144,804 (+13.1%), from €1.1m to €1.3m
- Receivables within one year -€61,590
down €61,590 (-20.8%), from €296,529 to €234,939
of which Trade receivables: -€62,624
- Stocks and contracts -€36,281
down €36,281 (-44.6%), from €81,351 to €45,070
Equity and liabilities
- Reserves +€223,947
up €223,947 (+11.4%), from €2.0m to €2.2m
- Trade debts +€41,242
up €41,242 (+114%), from €36,036 to €77,278
- Other debts +€37,695
up €37,695 (+12.7%), from €297,304 to €334,999
Income statement
- Gross operating margin +€159,212
up €159,212 (+14.0%), from €1.1m to €1.3m
- Staff costs +€118,401
up €118,401 (+37.4%), from €316,964 to €435,365
- Depreciation +€67,320
up €67,320 (+80.9%), from €83,209 to €150,529
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€558,291
Gross operating margin
+€159,212
Staff costs
-€118,401
Depreciation
-€67,320
Other operating charges
-€2,648
Other operating items
-€3,990
Financial income
+€2,369
Financial charges
-€1,682
Taxes
-€2,096
Result 2025
€523,734
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€870,272
Investment
-€538,306
Financing
-€309,291
Cash 2024
€52,224
From operations (derived)
+€870,272
Net result for the year
+€523,734
Depreciation
+€150,529
Receivables after one year
+€15,000
Stocks and contracts
+€36,281
Receivables within one year
+€61,590
Smaller working-capital items
-€130
Trade debts
+€41,242
Tax, wage and social debts
+€4,330
Other debts
+€37,695
Investment (derived)
-€538,306
Investment in fixed assets (net)
-€393,502
Current investments
-€144,804
Financing
-€309,291
Debts after one year
-€9,779
Current portion of long-term debt
+€276
Contributions, distributions and other
-€299,788
Cash 2025
€74,898
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,481,598 | €2,778,452 | +€296,854 | +12.0% |
| Fixed assets | 21/28 | €918,901 | €1,161,873 | +€242,973 | +26.4% |
| Intangible fixed assets | 21 | €12,714 | €4,815 | -€7,898 | -62.1% |
| Tangible fixed assets | 22/27 | €906,187 | €1,157,058 | +€250,871 | +27.7% |
| Land and buildings | 22 | €649,671 | €911,330 | +€261,658 | +40.3% |
| Plant, machinery and equipment | 23 | €113,304 | €99,995 | -€13,309 | -11.7% |
| Furniture and vehicles | 24 | €138,444 | €142,555 | +€4,111 | +3.0% |
| Other tangible fixed assets | 26 | €4,767 | €3,178 | -€1,589 | -33.3% |
| Current assets | 29/58 | €1,562,697 | €1,616,579 | +€53,881 | +3.4% |
| Amounts receivable after more than one year | 29 | €15,000 | €0 | -€15,000 | -100% |
| Trade receivables | 290 | €0 | - | = | |
| Other amounts receivable | 291 | €15,000 | €0 | -€15,000 | -100% |
| Stocks and contracts in progress | 3 | €81,351 | €45,070 | -€36,281 | -44.6% |
| Stocks | 30/36 | €81,351 | €45,070 | -€36,281 | -44.6% |
| Amounts receivable within one year | 40/41 | €296,529 | €234,939 | -€61,590 | -20.8% |
| Trade receivables | 40 | €294,546 | €231,922 | -€62,624 | -21.3% |
| Other amounts receivable | 41 | €1,983 | €3,017 | +€1,034 | +52.2% |
| Current investments | 50/53 | €1,108,760 | €1,253,564 | +€144,804 | +13.1% |
| Cash at bank and in hand | 54/58 | €52,224 | €74,898 | +€22,675 | +43.4% |
| Deferred charges and accrued income | 490/1 | €8,834 | €8,107 | -€727 | -8.2% |
| Total equity and liabilities | 10/49 | €2,481,598 | €2,778,452 | +€296,854 | +12.0% |
| Equity | 10/15 | €1,983,988 | €2,207,935 | +€223,947 | +11.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,971,588 | €2,195,535 | +€223,947 | +11.4% |
| Distributable reserves | 133 | €1,971,588 | €2,195,535 | +€223,947 | +11.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €497,610 | €570,517 | +€72,907 | +14.7% |
| Amounts payable after more than one year | 17 | €38,163 | €28,384 | -€9,779 | -25.6% |
| Financial debts | 170/4 | €38,163 | €28,384 | -€9,779 | -25.6% |
| Amounts payable within one year | 42/48 | €455,237 | €538,781 | +€83,544 | +18.4% |
| Current portion of amounts payable after more than one year | 42 | €9,503 | €9,779 | +€276 | +2.9% |
| Trade debts | 44 | €36,036 | €77,278 | +€41,242 | +114% |
| Suppliers | 440/4 | €36,036 | €77,278 | +€41,242 | +114% |
| Taxes, remuneration and social security | 45 | €112,394 | €116,724 | +€4,330 | +3.9% |
| Taxes | 450/3 | €50,858 | €47,558 | -€3,300 | -6.5% |
| Remuneration and social security | 454/9 | €61,536 | €69,166 | +€7,630 | +12.4% |
| Other amounts payable | 47/48 | €297,304 | €334,999 | +€37,695 | +12.7% |
| Accrued charges and deferred income | 492/3 | €4,209 | €3,352 | -€857 | -20.4% |
| Remuneration, social security and pensions | 62 | €316,964 | €435,365 | +€118,401 | +37.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €83,209 | €150,529 | +€67,320 | +80.9% |
| Other operating charges | 640/8 | €3,456 | €6,104 | +€2,648 | +76.6% |
| Non-recurring operating charges | 66A | €110 | €4,100 | +€3,990 | +3,621% |
| Gross operating margin | 9900 | €1,137,486 | €1,296,698 | +€159,212 | +14.0% |
| Operating profit (loss) | 9901 | €733,747 | €700,599 | -€33,148 | -4.5% |
| Financial income | 75/76B | €64,424 | €66,793 | +€2,369 | +3.7% |
| Recurring financial income | 75 | €64,424 | €66,793 | +€2,369 | +3.7% |
| Financial charges | 65/66B | €3,265 | €4,947 | +€1,682 | +51.5% |
| Recurring financial charges | 65 | €3,265 | €4,947 | +€1,682 | +51.5% |
| Profit (loss) for the period before taxes | 9903 | €794,906 | €762,445 | -€32,461 | -4.1% |
| Income taxes | 67/77 | €236,615 | €238,711 | +€2,096 | +0.9% |
| Profit (loss) for the period | 9904 | €558,291 | €523,734 | -€34,557 | -6.2% |
| Profit (loss) for the period to be appropriated | 9905 | €558,291 | €523,734 | -€34,557 | -6.2% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.