LES MARRONNIERS: 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.
LES MARRONNIERS
Largest movements
- Tangible fixed assets -€8,354
down €8,354 (-5.3%), from €156,332 to €147,978
- Cash +€5,067
up €5,067 (+48.0%), from €10,548 to €15,615
mainly Depreciation (+€8,354) and Net result for the year (+€4,561)
- Reserves -€2,960
down €2,960 (-7.3%), from €40,697 to €37,737
of which Distributable reserves: -€2,960
- Depreciation +€948
up €948 (+12.8%), from €7,406 to €8,354
- Taxes -€535
down €535 (-20.2%), from €2,645 to €2,110
- Gross operating margin -€513
down €513 (-2.2%), from €23,066 to €22,553
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 | €172,636 | €170,198 | -€2,437 | -1.4% |
| Fixed assets | 21/28 | €156,332 | €147,978 | -€8,354 | -5.3% |
| Tangible fixed assets | 22/27 | €156,332 | €147,978 | -€8,354 | -5.3% |
| Land and buildings | 22 | €156,332 | €147,978 | -€8,354 | -5.3% |
| Current assets | 29/58 | €16,304 | €22,221 | +€5,916 | +36.3% |
| Amounts receivable within one year | 40/41 | €5,757 | €6,606 | +€849 | +14.8% |
| Other amounts receivable | 41 | €5,757 | €6,606 | +€849 | +14.8% |
| Cash at bank and in hand | 54/58 | €10,548 | €15,615 | +€5,067 | +48.0% |
| Total equity and liabilities | 10/49 | €172,636 | €170,198 | -€2,437 | -1.4% |
| Equity | 10/15 | €165,166 | €162,227 | -€2,939 | -1.8% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €40,697 | €37,737 | -€2,960 | -7.3% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Distributable reserves | 133 | €34,500 | €31,540 | -€2,960 | -8.6% |
| Profit (loss) carried forward | 14 | €62,495 | €62,516 | +€21 | 0.0% |
| Amounts payable | 17/49 | €7,470 | €7,971 | +€501 | +6.7% |
| Amounts payable within one year | 42/48 | €7,470 | €7,971 | +€501 | +6.7% |
| Financial debts | 43 | €77 | €78 | +€1 | +1.5% |
| Credit institutions | 430/8 | €77 | €78 | +€1 | +1.5% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €7,394 | €7,894 | +€500 | +6.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,406 | €8,354 | +€948 | +12.8% |
| Other operating charges | 640/8 | €6,965 | €7,184 | +€219 | +3.1% |
| Gross operating margin | 9900 | €23,066 | €22,553 | -€513 | -2.2% |
| Operating profit (loss) | 9901 | €8,694 | €7,014 | -€1,680 | -19.3% |
| Financial charges | 65/66B | €342 | €343 | +€1 | +0.3% |
| Recurring financial charges | 65 | €342 | €343 | +€1 | +0.3% |
| Profit (loss) for the period before taxes | 9903 | €8,353 | €6,671 | -€1,681 | -20.1% |
| Income taxes | 67/77 | €2,645 | €2,110 | -€535 | -20.2% |
| Profit (loss) for the period | 9904 | €5,707 | €4,561 | -€1,146 | -20.1% |
| Profit (loss) for the period to be appropriated | 9905 | €5,707 | €4,561 | -€1,146 | -20.1% |
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 1 November 2026 via checked.be.