MARA PRODUCTION: 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.
MARA PRODUCTION
Largest movements
- Tangible fixed assets -€7,026
down €7,026 (-24.4%), from €28,846 to €21,820
of which Leasing and similar rights: -€6,585
- Cash -€5,040
down €5,040 (-36.0%), from €13,993 to €8,952
mainly Trade debts (-€6,818) and Debts after one year (-€6,234)
- Receivables within one year +€2,112
up €2,112 (+7.2%), from €29,367 to €31,479
of which Other amounts receivable: +€8,246
- Trade debts -€6,818
down €6,818 (-26.4%), from €25,840 to €19,022
- Debts after one year -€6,234
down €6,234 (-27.5%), from €22,688 to €16,454
- Tax, wage and social debts +€1,625
up €1,625 (+13.6%), from €11,991 to €13,616
of which Taxes: +€3,018
- Gross operating margin -€29,107
down €29,107 (-39.9%), from €72,950 to €43,843
- Staff costs -€15,587
down €15,587 (-34.6%), from €45,055 to €29,468
- Other operating charges -€12,136
down €12,136 (-91.7%), from €13,230 to €1,094
- Financial income -€1,865
down €1,865 (-50.2%), from €3,716 to €1,851
- Depreciation +€1,718
up €1,718 (+32.4%), from €5,308 to €7,026
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 | €79,504 | €69,074 | -€10,430 | -13.1% |
| Fixed assets | 21/28 | €29,046 | €22,020 | -€7,026 | -24.2% |
| Tangible fixed assets | 22/27 | €28,846 | €21,820 | -€7,026 | -24.4% |
| Plant, machinery and equipment | 23 | €281 | €60 | -€221 | -78.6% |
| Furniture and vehicles | 24 | €500 | €279 | -€220 | -44.1% |
| Leasing and similar rights | 25 | €28,065 | €21,481 | -€6,585 | -23.5% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €50,458 | €47,053 | -€3,404 | -6.7% |
| Stocks and contracts in progress | 3 | €5,224 | €4,780 | -€445 | -8.5% |
| Stocks | 30/36 | €5,224 | €4,780 | -€445 | -8.5% |
| Amounts receivable within one year | 40/41 | €29,367 | €31,479 | +€2,112 | +7.2% |
| Trade receivables | 40 | €6,964 | €830 | -€6,134 | -88.1% |
| Other amounts receivable | 41 | €22,403 | €30,648 | +€8,246 | +36.8% |
| Cash at bank and in hand | 54/58 | €13,993 | €8,952 | -€5,040 | -36.0% |
| Deferred charges and accrued income | 490/1 | €1,874 | €1,843 | -€31 | -1.7% |
| Total equity and liabilities | 10/49 | €79,504 | €69,074 | -€10,430 | -13.1% |
| Equity | 10/15 | €13,035 | €13,748 | +€713 | +5.5% |
| Contributions | 10/11 | €11,300 | €11,300 | = | 0.0% |
| Reserves | 13 | €538 | €538 | = | 0.0% |
| Distributable reserves | 133 | €538 | €538 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,197 | €1,910 | +€713 | +59.6% |
| Amounts payable | 17/49 | €66,469 | €55,325 | -€11,144 | -16.8% |
| Amounts payable after more than one year | 17 | €22,688 | €16,454 | -€6,234 | -27.5% |
| Financial debts | 170/4 | €22,688 | €16,454 | -€6,234 | -27.5% |
| Amounts payable within one year | 42/48 | €43,781 | €38,872 | -€4,909 | -11.2% |
| Financial debts | 43 | €5,950 | €6,234 | +€284 | +4.8% |
| Credit institutions | 430/8 | €5,950 | €6,234 | +€284 | +4.8% |
| Trade debts | 44 | €25,840 | €19,022 | -€6,818 | -26.4% |
| Suppliers | 440/4 | €25,840 | €19,022 | -€6,818 | -26.4% |
| Taxes, remuneration and social security | 45 | €11,991 | €13,616 | +€1,625 | +13.6% |
| Taxes | 450/3 | €6,829 | €9,847 | +€3,018 | +44.2% |
| Remuneration and social security | 454/9 | €5,162 | €3,769 | -€1,393 | -27.0% |
| Remuneration, social security and pensions | 62 | €45,055 | €29,468 | -€15,587 | -34.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,308 | €7,026 | +€1,718 | +32.4% |
| Other operating charges | 640/8 | €13,230 | €1,094 | -€12,136 | -91.7% |
| Gross operating margin | 9900 | €72,950 | €43,843 | -€29,107 | -39.9% |
| Operating profit (loss) | 9901 | €9,358 | €6,255 | -€3,103 | -33.2% |
| Financial income | 75/76B | €3,716 | €1,851 | -€1,865 | -50.2% |
| Recurring financial income | 75 | €3,716 | €1,851 | -€1,865 | -50.2% |
| Financial charges | 65/66B | €3,570 | €3,027 | -€543 | -15.2% |
| Recurring financial charges | 65 | €3,570 | €3,027 | -€543 | -15.2% |
| Profit (loss) for the period before taxes | 9903 | €9,503 | €5,079 | -€4,425 | -46.6% |
| Income taxes | 67/77 | €5,518 | €4,365 | -€1,153 | -20.9% |
| Profit (loss) for the period | 9904 | €3,985 | €713 | -€3,272 | -82.1% |
| Profit (loss) for the period to be appropriated | 9905 | €3,985 | €713 | -€3,272 | -82.1% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.