M.MARIEN: what changed
Two fiscal 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.
M.MARIEN
Largest movements
- Current assets +€134,389
up €134,389 (+314.8%), from €42,693 to €177,082
of which Receivables within one year: +€67,253
- Reserves +€116,946
up €116,946 (+129.4%), from €90,359 to €207,305
of which Distributable reserves: +€205,445
- Debts within one year +€34,730
up €34,730 (+33.9%), from €102,428 to €137,158
of which Tax, wage and social debts: +€116,071
- Debts after one year -€19,806
down €19,806 (-12.6%), from €157,153 to €137,347
- Staff costs +€164,482
new in 2022: €164,482
- Gross operating margin +€91,072
up €91,072 (+41.5%), from €219,271 to €310,343
- Taxes +€22,927
up €22,927 (+521.9%), from €4,393 to €27,320
- Financial charges +€11,334
new in 2022: €11,334
- Other operating charges +€5,917
new in 2022: €5,917
From the 2020 result to the 2022 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.
Cash bridge derived
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2020 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €356,140 | €488,010 | +€131,870 | +37.0% |
| Fixed assets | 21/28 | €313,447 | €310,928 | -€2,519 | -0.8% |
| Intangible fixed assets | 21 | €2,499 | €99 | -€2,400 | -96.0% |
| Tangible fixed assets | 22/27 | €310,948 | €310,829 | -€119 | 0.0% |
| Land and buildings | 22 | - | €284,499 | +€284,499 | |
| Plant, machinery and equipment | 23 | - | €12,140 | +€12,140 | |
| Furniture and vehicles | 24 | - | €14,190 | +€14,190 | |
| Current assets | 29/58 | €42,693 | €177,082 | +€134,389 | +314.8% |
| Amounts receivable within one year | 40/41 | €30,826 | €98,079 | +€67,253 | +218.2% |
| Trade receivables | 40 | - | €56,431 | +€56,431 | |
| Other amounts receivable | 41 | - | €41,648 | +€41,648 | |
| Cash at bank and in hand | 54/58 | €10,595 | €73,918 | +€63,323 | +597.7% |
| Deferred charges and accrued income | 490/1 | - | €5,085 | +€5,085 | |
| Total equity and liabilities | 10/49 | €356,140 | €488,010 | +€131,870 | +37.0% |
| Equity | 10/15 | €96,559 | €213,505 | +€116,946 | +121.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €90,359 | €207,305 | +€116,946 | +129.4% |
| Non-distributable reserves | 130/1 | - | €1,860 | +€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Distributable reserves | 133 | - | €205,445 | +€205,445 | |
| Amounts payable | 17/49 | €259,581 | €274,505 | +€14,924 | +5.7% |
| Amounts payable after more than one year | 17 | €157,153 | €137,347 | -€19,806 | -12.6% |
| Financial debts | 170/4 | - | €137,347 | +€137,347 | |
| Amounts payable within one year | 42/48 | €102,428 | €137,158 | +€34,730 | +33.9% |
| Current portion of amounts payable after more than one year | 42 | - | €10,053 | +€10,053 | |
| Trade debts | 44 | €16,557 | €9,911 | -€6,646 | -40.1% |
| Suppliers | 440/4 | - | €9,911 | +€9,911 | |
| Taxes, remuneration and social security | 45 | - | €116,071 | +€116,071 | |
| Taxes | 450/3 | - | €85,519 | +€85,519 | |
| Remuneration and social security | 454/9 | - | €30,552 | +€30,552 | |
| Other amounts payable | 47/48 | - | €1,123 | +€1,123 | |
| Remuneration, social security and pensions | 62 | - | €164,482 | +€164,482 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,155 | €28,242 | +€5,087 | +22.0% |
| Other operating charges | 640/8 | - | €5,917 | +€5,917 | |
| Gross operating margin | 9900 | €219,271 | €310,343 | +€91,072 | +41.5% |
| Operating profit (loss) | 9901 | €22,391 | €111,702 | +€89,311 | +398.9% |
| Financial income | 75/76B | - | €90 | +€90 | |
| Recurring financial income | 75 | €18 | €90 | +€72 | +400.0% |
| Financial charges | 65/66B | - | €11,334 | +€11,334 | |
| Recurring financial charges | 65 | €11,622 | €11,334 | -€288 | -2.5% |
| Profit (loss) for the period before taxes | 9903 | €10,787 | €100,458 | +€89,671 | +831.3% |
| Income taxes | 67/77 | €4,393 | €27,320 | +€22,927 | +521.9% |
| Profit (loss) for the period | 9904 | €6,394 | €73,138 | +€66,744 | +1043.9% |
| Profit (loss) for the period to be appropriated | 9905 | €6,394 | €73,138 | +€66,744 | +1043.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2020 and 30 June 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.