LA MAREE BLEUE: 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.
LA MAREE BLEUE
Largest movements
- Tangible fixed assets +€13,290
up €13,290 (+70.3%), from €18,907 to €32,197
of which Plant, machinery and equipment: +€10,646
- Receivables within one year +€2,644
up €2,644 (+88.0%), from €3,005 to €5,649
of which Trade receivables: +€2,623
- Cash -€491
down €491 (-9.0%), from €5,425 to €4,934
mainly Net result for the year (-€35,089) and Investment in fixed assets (net) (-€21,307)
- Trade debts +€42,763
up €42,763 (+19,025%), from €225 to €42,988
- Profit (loss) carried forward -€35,089
down €35,089 (-64.3%), from -€54,578 to -€89,666
- Other debts +€7,345
up €7,345 (+9.8%), from €75,039 to €82,384
- Tax, wage and social debts +€2,075
new in 2024: €2,075
- Accrued charges and deferred income -€1,650
no longer reported in 2024 (was €1,650)
- Staff costs +€26,374
new in 2024: €26,374
- Gross operating margin +€18,088
up €18,088 (+98.7%), from -€18,320 to -€232
- Depreciation +€2,856
up €2,856 (+55.3%), from €5,161 to €8,017
- Other operating charges +€208
up €208 (+221%), from €94 to €302
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €27,336 | €42,781 | +€15,444 | +56.5% |
| Fixed assets | 21/28 | €18,907 | €32,197 | +€13,290 | +70.3% |
| Tangible fixed assets | 22/27 | €18,907 | €32,197 | +€13,290 | +70.3% |
| Plant, machinery and equipment | 23 | €12,365 | €23,011 | +€10,646 | +86.1% |
| Furniture and vehicles | 24 | - | €4,714 | +€4,714 | |
| Other tangible fixed assets | 26 | €6,541 | €4,472 | -€2,070 | -31.6% |
| Current assets | 29/58 | €8,430 | €10,584 | +€2,154 | +25.5% |
| Amounts receivable within one year | 40/41 | €3,005 | €5,649 | +€2,644 | +88.0% |
| Trade receivables | 40 | - | €2,623 | +€2,623 | |
| Other amounts receivable | 41 | €3,005 | €3,026 | +€21 | +0.7% |
| Cash at bank and in hand | 54/58 | €5,425 | €4,934 | -€491 | -9.0% |
| Total equity and liabilities | 10/49 | €27,336 | €42,781 | +€15,444 | +56.5% |
| Equity | 10/15 | -€49,578 | -€84,666 | -€35,089 | -70.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€54,578 | -€89,666 | -€35,089 | -64.3% |
| Amounts payable | 17/49 | €76,914 | €127,447 | +€50,533 | +65.7% |
| Amounts payable within one year | 42/48 | €75,264 | €127,447 | +€52,183 | +69.3% |
| Trade debts | 44 | €225 | €42,988 | +€42,763 | +19,025% |
| Suppliers | 440/4 | €225 | €42,988 | +€42,763 | +19,025% |
| Taxes, remuneration and social security | 45 | - | €2,075 | +€2,075 | |
| Remuneration and social security | 454/9 | - | €2,075 | +€2,075 | |
| Other amounts payable | 47/48 | €75,039 | €82,384 | +€7,345 | +9.8% |
| Accrued charges and deferred income | 492/3 | €1,650 | - | -€1,650 | |
| Remuneration, social security and pensions | 62 | - | €26,374 | +€26,374 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,161 | €8,017 | +€2,856 | +55.3% |
| Other operating charges | 640/8 | €94 | €302 | +€208 | +221% |
| Gross operating margin | 9900 | -€18,320 | -€232 | +€18,088 | +98.7% |
| Operating profit (loss) | 9901 | -€23,576 | -€34,925 | -€11,349 | -48.1% |
| Financial income | 75/76B | €3 | - | -€3 | |
| Recurring financial income | 75 | €3 | - | -€3 | |
| Financial charges | 65/66B | €141 | €164 | +€23 | +16.5% |
| Recurring financial charges | 65 | €141 | €164 | +€23 | +16.5% |
| Profit (loss) for the period before taxes | 9903 | -€23,713 | -€35,089 | -€11,376 | -48.0% |
| Profit (loss) for the period | 9904 | -€23,713 | -€35,089 | -€11,376 | -48.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€23,713 | -€35,089 | -€11,376 | -48.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.