Le Maro: 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.
Le Maro
Largest movements
- Receivables within one year +€51,122
up €51,122 (+88.1%), from €58,010 to €109,132
of which Other amounts receivable: +€68,522
- Cash +€1,854
up €1,854 (+117%), from €1,582 to €3,436
mainly Other debts (+€81,673)
- Other debts +€81,673
up €81,673, from €0 to €81,673
- Profit (loss) carried forward -€18,252
down €18,252 (-138%), from -€13,254 to -€31,506
- Trade debts -€4,846
down €4,846 (-100%), from €4,846 to €0
- Accrued charges and deferred income -€3,710
down €3,710 (-100%), from €3,710 to €0
- Tax, wage and social debts -€1,890
down €1,890 (-100%), from €1,890 to €0
- Gross operating margin -€32,843
down €32,843, from €11,603 to -€21,240
- Financial income +€3,919
up €3,919, from €0 to €3,919
- Taxes -€1,890
down €1,890 (-100.0%), from €1,890 to €0
- Other operating charges +€334
up €334 (+64.7%), from €516 to €850
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 | €59,592 | €112,568 | +€52,976 | +88.9% |
| Current assets | 29/58 | €59,592 | €112,568 | +€52,976 | +88.9% |
| Amounts receivable within one year | 40/41 | €58,010 | €109,132 | +€51,122 | +88.1% |
| Trade receivables | 40 | €17,400 | €0 | -€17,400 | -100% |
| Other amounts receivable | 41 | €40,610 | €109,132 | +€68,522 | +169% |
| Cash at bank and in hand | 54/58 | €1,582 | €3,436 | +€1,854 | +117% |
| Total equity and liabilities | 10/49 | €59,592 | €112,568 | +€52,976 | +88.9% |
| Equity | 10/15 | €49,146 | €30,894 | -€18,252 | -37.1% |
| Contributions | 10/11 | €62,400 | €62,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,254 | -€31,506 | -€18,252 | -138% |
| Amounts payable | 17/49 | €10,446 | €81,673 | +€71,228 | +682% |
| Amounts payable within one year | 42/48 | €6,736 | €81,673 | +€74,937 | +1,112% |
| Trade debts | 44 | €4,846 | €0 | -€4,846 | -100% |
| Suppliers | 440/4 | €4,846 | €0 | -€4,846 | -100% |
| Taxes, remuneration and social security | 45 | €1,890 | €0 | -€1,890 | -100% |
| Taxes | 450/3 | €1,890 | €0 | -€1,890 | -100% |
| Other amounts payable | 47/48 | €0 | €81,673 | +€81,673 | |
| Accrued charges and deferred income | 492/3 | €3,710 | €0 | -€3,710 | -100% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €516 | €850 | +€334 | +64.7% |
| Gross operating margin | 9900 | €11,603 | -€21,240 | -€32,843 | |
| Operating profit (loss) | 9901 | €11,087 | -€22,090 | -€33,177 | |
| Financial income | 75/76B | €0 | €3,919 | +€3,919 | |
| Recurring financial income | 75 | €0 | €3,919 | +€3,919 | |
| Financial charges | 65/66B | €2 | €80 | +€78 | +3,900% |
| Recurring financial charges | 65 | €2 | €80 | +€78 | +3,900% |
| Profit (loss) for the period before taxes | 9903 | €11,085 | -€18,252 | -€29,336 | |
| Income taxes | 67/77 | €1,890 | €0 | -€1,890 | -100.0% |
| Profit (loss) for the period | 9904 | €9,195 | -€18,252 | -€27,446 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,195 | -€18,252 | -€27,446 |
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 23 October 2026 via checked.be.