ILLUSION MARBREE: 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.
ILLUSION MARBREE
Largest movements
- Current investments -€20,583
no longer reported in 2025 (was €20,583)
- Tangible fixed assets +€10,241
up €10,241 (+11.4%), from €89,468 to €99,709
of which Land and buildings: +€9,266
- Cash -€3,713
down €3,713 (-95.9%), from €3,874 to €161
mainly Investment in fixed assets (net) (-€14,344) and Net result for the year (-€13,789)
- Deferred charges and accrued income +€1,507
up €1,507 (+1,457%), from €103 to €1,611
- Profit (loss) carried forward -€13,789
down €13,789 (-14.9%), from €92,735 to €78,946
- Other debts +€1,874
up €1,874 (+894%), from €210 to €2,083
- Gross operating margin -€470
down €470 (-5.9%), from -€7,907 to -€8,377
- Depreciation +€423
up €423 (+11.4%), from €3,698 to €4,120
- Financial income -€160
down €160 (-99.9%), from €160 to €0
- Other operating charges -€116
down €116 (-9.5%), from €1,232 to €1,115
- Taxes -€86
down €86 (-100%), from €86 to €0
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 | €114,183 | €101,480 | -€12,703 | -11.1% |
| Fixed assets | 21/28 | €89,486 | €99,709 | +€10,223 | +11.4% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €89,468 | €99,709 | +€10,241 | +11.4% |
| Land and buildings | 22 | €89,468 | €98,734 | +€9,266 | +10.4% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | €975 | +€975 | |
| Financial fixed assets | 28 | €18 | €0 | -€18 | -100% |
| Current assets | 29/58 | €24,697 | €1,771 | -€22,926 | -92.8% |
| Amounts receivable within one year | 40/41 | €137 | €0 | -€137 | -100% |
| Trade receivables | 40 | €137 | €0 | -€137 | -100% |
| Other amounts receivable | 41 | €0 | €0 | -€0 | -100% |
| Current investments | 50/53 | €20,583 | - | -€20,583 | |
| Cash at bank and in hand | 54/58 | €3,874 | €161 | -€3,713 | -95.9% |
| Deferred charges and accrued income | 490/1 | €103 | €1,611 | +€1,507 | +1,457% |
| Total equity and liabilities | 10/49 | €114,183 | €101,480 | -€12,703 | -11.1% |
| Equity | 10/15 | €113,187 | €99,397 | -€13,789 | -12.2% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,901 | €1,901 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €0 | -€1,859 | -100% |
| Reserves not available under the articles | 1311 | €1,859 | €0 | -€1,859 | -100% |
| Distributable reserves | 133 | €42 | €1,901 | +€1,859 | +4,426% |
| Profit (loss) carried forward | 14 | €92,735 | €78,946 | -€13,789 | -14.9% |
| Amounts payable | 17/49 | €996 | €2,083 | +€1,087 | +109% |
| Amounts payable within one year | 42/48 | €989 | €2,083 | +€1,094 | +111% |
| Trade debts | 44 | €661 | €0 | -€661 | -100% |
| Suppliers | 440/4 | €661 | €0 | -€661 | -100% |
| Taxes, remuneration and social security | 45 | €119 | €0 | -€119 | -100% |
| Taxes | 450/3 | €119 | €0 | -€119 | -100% |
| Other amounts payable | 47/48 | €210 | €2,083 | +€1,874 | +894% |
| Accrued charges and deferred income | 492/3 | €7 | €0 | -€7 | -100% |
| Non-recurring operating income | 76A | - | €28 | +€28 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,698 | €4,120 | +€423 | +11.4% |
| Other operating charges | 640/8 | €1,232 | €1,115 | -€116 | -9.5% |
| Non-recurring operating charges | 66A | - | €169 | +€169 | |
| Gross operating margin | 9900 | -€7,907 | -€8,377 | -€470 | -5.9% |
| Operating profit (loss) | 9901 | -€12,837 | -€13,782 | -€945 | -7.4% |
| Financial income | 75/76B | €160 | €0 | -€160 | -99.9% |
| Recurring financial income | 75 | €160 | €0 | -€160 | -99.9% |
| Financial charges | 65/66B | €61 | €7 | -€54 | -87.9% |
| Recurring financial charges | 65 | €61 | €7 | -€54 | -87.9% |
| Profit (loss) for the period before taxes | 9903 | -€12,738 | -€13,789 | -€1,051 | -8.3% |
| Income taxes | 67/77 | €86 | €0 | -€86 | -100% |
| Profit (loss) for the period | 9904 | -€12,824 | -€13,789 | -€966 | -7.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,824 | -€13,789 | -€966 | -7.5% |
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 17 October 2026 via checked.be.