Maarnyka: 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.
Maarnyka
Largest movements
- Cash +€115,705
up €115,705 (+115%), from €100,851 to €216,556
mainly Net result for the year (+€79,643) and Current investments (+€26,000)
- Current investments -€26,000
down €26,000 (-26.5%), from €98,000 to €72,000
- Receivables within one year +€3,669
up €3,669 (+21.8%), from €16,855 to €20,523
of which Trade receivables: +€5,823
- Reserves +€79,643
up €79,643 (+37.6%), from €211,750 to €291,393
- Tax, wage and social debts +€12,316
up €12,316 (+105%), from €11,782 to €24,098
of which Taxes: +€12,254
- Taxes +€8,462
up €8,462 (+40.0%), from €21,146 to €29,609
- Financial income +€7,140
up €7,140 (+462%), from €1,546 to €8,687
- Gross operating margin +€1,855
up €1,855 (+1.8%), from €104,122 to €105,977
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €227,869 | €318,752 | +€90,883 | +39.9% |
| Fixed assets | 21/28 | €9,967 | €7,992 | -€1,975 | -19.8% |
| Tangible fixed assets | 22/27 | €9,967 | €7,992 | -€1,975 | -19.8% |
| Plant, machinery and equipment | 23 | €351 | €1,626 | +€1,275 | +364% |
| Furniture and vehicles | 24 | €9,616 | €6,366 | -€3,250 | -33.8% |
| Current assets | 29/58 | €217,902 | €310,760 | +€92,857 | +42.6% |
| Amounts receivable within one year | 40/41 | €16,855 | €20,523 | +€3,669 | +21.8% |
| Trade receivables | 40 | €14,700 | €20,523 | +€5,823 | +39.6% |
| Other amounts receivable | 41 | €2,155 | €0 | -€2,155 | -100% |
| Current investments | 50/53 | €98,000 | €72,000 | -€26,000 | -26.5% |
| Cash at bank and in hand | 54/58 | €100,851 | €216,556 | +€115,705 | +115% |
| Deferred charges and accrued income | 490/1 | €2,197 | €1,681 | -€516 | -23.5% |
| Total equity and liabilities | 10/49 | €227,869 | €318,752 | +€90,883 | +39.9% |
| Equity | 10/15 | €212,750 | €292,393 | +€79,643 | +37.4% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €211,750 | €291,393 | +€79,643 | +37.6% |
| Distributable reserves | 133 | €211,750 | €291,393 | +€79,643 | +37.6% |
| Amounts payable | 17/49 | €15,120 | €26,359 | +€11,240 | +74.3% |
| Amounts payable within one year | 42/48 | €15,120 | €26,359 | +€11,240 | +74.3% |
| Financial debts | 43 | - | €163 | +€163 | |
| Other loans | 439 | - | €163 | +€163 | |
| Trade debts | 44 | €1,783 | €544 | -€1,239 | -69.5% |
| Suppliers | 440/4 | €1,783 | €544 | -€1,239 | -69.5% |
| Taxes, remuneration and social security | 45 | €11,782 | €24,098 | +€12,316 | +105% |
| Taxes | 450/3 | €9,862 | €22,115 | +€12,254 | +124% |
| Remuneration and social security | 454/9 | €1,921 | €1,983 | +€62 | +3.2% |
| Other amounts payable | 47/48 | €1,554 | €1,554 | -€0 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,995 | €3,937 | -€58 | -1.5% |
| Other operating charges | 640/8 | €1,163 | €1,012 | -€150 | -12.9% |
| Gross operating margin | 9900 | €104,122 | €105,977 | +€1,855 | +1.8% |
| Operating profit (loss) | 9901 | €98,964 | €101,028 | +€2,064 | +2.1% |
| Financial income | 75/76B | €1,546 | €8,687 | +€7,140 | +462% |
| Recurring financial income | 75 | €1,546 | €8,687 | +€7,140 | +462% |
| Financial charges | 65/66B | €456 | €463 | +€6 | +1.4% |
| Recurring financial charges | 65 | €456 | €463 | +€6 | +1.4% |
| Profit (loss) for the period before taxes | 9903 | €100,054 | €109,252 | +€9,198 | +9.2% |
| Income taxes | 67/77 | €21,146 | €29,609 | +€8,462 | +40.0% |
| Profit (loss) for the period | 9904 | €78,908 | €79,643 | +€735 | +0.9% |
| Profit (loss) for the period to be appropriated | 9905 | €78,908 | €79,643 | +€735 | +0.9% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.