Mara-Trading: 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-Trading
Largest movements
- Cash +€12,724
up €12,724 (+19.9%), from €63,985 to €76,708
mainly Debts after one year (+€34,273) and Net result for the year (+€19,498)
- Tangible fixed assets +€8,379
up €8,379 (+29.2%), from €28,723 to €37,103
of which Furniture and vehicles: +€10,446
- Receivables within one year +€1,420
up €1,420 (+34.1%), from €4,168 to €5,588
- Debts after one year +€34,273
up €34,273 (+87.5%), from €39,170 to €73,443
- Reserves -€16,402
down €16,402 (-24.5%), from €67,032 to €50,630
- Trade debts +€1,971
up €1,971 (+521%), from €379 to €2,350
- Tax, wage and social debts +€1,845
up €1,845 (+39.8%), from €4,638 to €6,483
- Depreciation -€4,975
down €4,975 (-34.1%), from €14,596 to €9,621
- Taxes +€1,050
up €1,050 (+17.4%), from €6,043 to €7,093
- Gross operating margin -€459
down €459 (-1.1%), from €40,773 to €40,314
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 | €116,218 | €137,905 | +€21,688 | +18.7% |
| Fixed assets | 21/28 | €28,723 | €37,103 | +€8,379 | +29.2% |
| Tangible fixed assets | 22/27 | €28,723 | €37,103 | +€8,379 | +29.2% |
| Plant, machinery and equipment | 23 | €5,943 | €3,876 | -€2,067 | -34.8% |
| Furniture and vehicles | 24 | €22,780 | €33,226 | +€10,446 | +45.9% |
| Current assets | 29/58 | €87,494 | €100,803 | +€13,308 | +15.2% |
| Stocks and contracts in progress | 3 | €19,198 | €18,363 | -€835 | -4.3% |
| Stocks | 30/36 | €19,198 | €18,363 | -€835 | -4.3% |
| Amounts receivable within one year | 40/41 | €4,168 | €5,588 | +€1,420 | +34.1% |
| Trade receivables | 40 | €4,168 | €5,588 | +€1,420 | +34.1% |
| Cash at bank and in hand | 54/58 | €63,985 | €76,708 | +€12,724 | +19.9% |
| Deferred charges and accrued income | 490/1 | €144 | €144 | = | 0.0% |
| Total equity and liabilities | 10/49 | €116,218 | €137,905 | +€21,688 | +18.7% |
| Equity | 10/15 | €72,032 | €55,630 | -€16,402 | -22.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €67,032 | €50,630 | -€16,402 | -24.5% |
| Distributable reserves | 133 | €67,032 | €50,630 | -€16,402 | -24.5% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €44,186 | €82,276 | +€38,089 | +86.2% |
| Amounts payable after more than one year | 17 | €39,170 | €73,443 | +€34,273 | +87.5% |
| Other amounts payable | 178/9 | €39,170 | €73,443 | +€34,273 | +87.5% |
| Amounts payable within one year | 42/48 | €5,016 | €8,832 | +€3,816 | +76.1% |
| Trade debts | 44 | €379 | €2,350 | +€1,971 | +521% |
| Suppliers | 440/4 | €379 | €2,350 | +€1,971 | +521% |
| Taxes, remuneration and social security | 45 | €4,638 | €6,483 | +€1,845 | +39.8% |
| Taxes | 450/3 | €4,638 | €6,483 | +€1,845 | +39.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,596 | €9,621 | -€4,975 | -34.1% |
| Other operating charges | 640/8 | €919 | €1,044 | +€124 | +13.5% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €40,773 | €40,314 | -€459 | -1.1% |
| Operating profit (loss) | 9901 | €25,258 | €29,650 | +€4,391 | +17.4% |
| Financial income | 75/76B | €6 | €0 | -€6 | -99.3% |
| Recurring financial income | 75 | €6 | €0 | -€6 | -99.3% |
| Financial charges | 65/66B | €3,051 | €3,058 | +€7 | +0.2% |
| Recurring financial charges | 65 | €3,051 | €3,058 | +€7 | +0.2% |
| Profit (loss) for the period before taxes | 9903 | €22,213 | €26,591 | +€4,378 | +19.7% |
| Income taxes | 67/77 | €6,043 | €7,093 | +€1,050 | +17.4% |
| Profit (loss) for the period | 9904 | €16,170 | €19,498 | +€3,328 | +20.6% |
| Profit (loss) for the period to be appropriated | 9905 | €16,170 | €19,498 | +€3,328 | +20.6% |
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 18 October 2026 via checked.be.