Maarimmo: 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.
Maarimmo
Largest movements
- Cash +€30,600
up €30,600 (+53.7%), from €57,017 to €87,617
mainly Net result for the year (+€23,274) and Depreciation (+€15,569)
- Tangible fixed assets -€15,569
down €15,569 (-3.7%), from €419,164 to €403,595
of which Land and buildings: -€15,569
- Receivables after one year -€12,000
down €12,000 (-59.1%), from €20,295 to €8,295
- Reserves +€23,274
up €23,274 (+16.8%), from €138,883 to €162,157
of which Distributable reserves: +€23,274
- Debts after one year -€22,696
down €22,696 (-24.8%), from €91,607 to €68,910
- Taxes +€4,638
up €4,638 (+196%), from €2,362 to €7,000
- Gross operating margin -€1,228
down €1,228 (-2.2%), from €56,846 to €55,618
- Financial charges -€771
down €771 (-12.5%), from €6,174 to €5,403
- Other operating charges +€633
up €633 (+16.9%), from €3,739 to €4,372
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 | €502,769 | €505,948 | +€3,179 | +0.6% |
| Fixed assets | 21/28 | €419,208 | €403,640 | -€15,569 | -3.7% |
| Tangible fixed assets | 22/27 | €419,164 | €403,595 | -€15,569 | -3.7% |
| Land and buildings | 22 | €419,164 | €403,595 | -€15,569 | -3.7% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Financial fixed assets | 28 | €45 | €45 | = | 0.0% |
| Current assets | 29/58 | €83,561 | €102,308 | +€18,747 | +22.4% |
| Amounts receivable after more than one year | 29 | €20,295 | €8,295 | -€12,000 | -59.1% |
| Trade receivables | 290 | €20,295 | €8,295 | -€12,000 | -59.1% |
| Amounts receivable within one year | 40/41 | €3,147 | €3,147 | = | 0.0% |
| Other amounts receivable | 41 | €3,147 | €3,147 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €57,017 | €87,617 | +€30,600 | +53.7% |
| Deferred charges and accrued income | 490/1 | €3,102 | €3,249 | +€148 | +4.8% |
| Total equity and liabilities | 10/49 | €502,769 | €505,948 | +€3,179 | +0.6% |
| Equity | 10/15 | €324,804 | €348,077 | +€23,274 | +7.2% |
| Contributions | 10/11 | €185,920 | €185,920 | = | 0.0% |
| Capital | 10 | €185,920 | €185,920 | = | 0.0% |
| Issued capital | 100 | €185,920 | €185,920 | = | 0.0% |
| Reserves | 13 | €138,883 | €162,157 | +€23,274 | +16.8% |
| Non-distributable reserves | 130/1 | €9,194 | €9,194 | = | 0.0% |
| Legal reserve | 130 | €9,194 | €9,194 | = | 0.0% |
| Tax-exempt reserves | 132 | €0 | €0 | = | |
| Distributable reserves | 133 | €129,690 | €152,964 | +€23,274 | +17.9% |
| Provisions and deferred taxes | 16 | €0 | €0 | = | |
| Deferred taxes | 168 | €0 | €0 | = | |
| Amounts payable | 17/49 | €177,965 | €157,870 | -€20,095 | -11.3% |
| Amounts payable after more than one year | 17 | €91,607 | €68,910 | -€22,696 | -24.8% |
| Financial debts | 170/4 | €91,607 | €68,910 | -€22,696 | -24.8% |
| Amounts payable within one year | 42/48 | €86,359 | €88,960 | +€2,601 | +3.0% |
| Current portion of amounts payable after more than one year | 42 | €22,171 | €22,696 | +€525 | +2.4% |
| Trade debts | 44 | €1,968 | €3,664 | +€1,696 | +86.2% |
| Suppliers | 440/4 | €1,968 | €3,664 | +€1,696 | +86.2% |
| Taxes, remuneration and social security | 45 | €3,263 | €7,817 | +€4,554 | +140% |
| Taxes | 450/3 | €3,263 | €7,817 | +€4,554 | +140% |
| Other amounts payable | 47/48 | €58,957 | €54,783 | -€4,174 | -7.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,569 | €15,569 | = | 0.0% |
| Other operating charges | 640/8 | €3,739 | €4,372 | +€633 | +16.9% |
| Gross operating margin | 9900 | €56,846 | €55,618 | -€1,228 | -2.2% |
| Operating profit (loss) | 9901 | €37,538 | €35,677 | -€1,861 | -5.0% |
| Financial charges | 65/66B | €6,174 | €5,403 | -€771 | -12.5% |
| Recurring financial charges | 65 | €6,174 | €5,403 | -€771 | -12.5% |
| Profit (loss) for the period before taxes | 9903 | €31,364 | €30,274 | -€1,091 | -3.5% |
| Transfer from deferred taxes | 780 | €693 | - | -€693 | |
| Income taxes | 67/77 | €2,362 | €7,000 | +€4,638 | +196% |
| Profit (loss) for the period | 9904 | €29,695 | €23,274 | -€6,421 | -21.6% |
| Transfer from tax-exempt reserves | 789 | €1,347 | - | -€1,347 | |
| Profit (loss) for the period to be appropriated | 9905 | €31,042 | €23,274 | -€7,768 | -25.0% |
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 16 October 2026 via checked.be.