Maranello023: 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.
Maranello023
Largest movements
- Cash +€337
new in 2025: €337
mainly Other debts (+€30,030) and Advances received (+€243)
- Other debts +€30,030
up €30,030 (+35.7%), from €84,052 to €114,082
- Profit (loss) carried forward -€27,017
down €27,017 (-33.1%), from -€81,694 to -€108,711
- Current portion of long-term debt -€2,126
down €2,126 (-46.1%), from €4,608 to €2,482
- Short-term financial debts -€1,139
no longer reported in 2025 (was €1,139)
- Gross operating margin -€2,244
down €2,244 (-9.4%), from -€23,871 to -€26,115
- Financial charges -€455
down €455 (-49.3%), from €923 to €468
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 | €31,675 | €31,868 | +€193 | +0.6% |
| Fixed assets | 21/28 | €17,746 | €17,746 | = | 0.0% |
| Tangible fixed assets | 22/27 | €14,146 | €14,146 | = | 0.0% |
| Plant, machinery and equipment | 23 | €9,550 | €9,550 | = | 0.0% |
| Furniture and vehicles | 24 | €4,596 | €4,596 | = | 0.0% |
| Financial fixed assets | 28 | €3,600 | €3,600 | = | 0.0% |
| Current assets | 29/58 | €13,929 | €14,122 | +€193 | +1.4% |
| Stocks and contracts in progress | 3 | €2,210 | €2,268 | +€58 | +2.6% |
| Stocks | 30/36 | €2,210 | €2,268 | +€58 | +2.6% |
| Amounts receivable within one year | 40/41 | €7,471 | €7,269 | -€202 | -2.7% |
| Trade receivables | 40 | €7,269 | €7,269 | = | 0.0% |
| Other amounts receivable | 41 | €202 | - | -€202 | |
| Current investments | 50/53 | €50 | €50 | = | 0.0% |
| Cash at bank and in hand | 54/58 | - | €337 | +€337 | |
| Deferred charges and accrued income | 490/1 | €4,198 | €4,198 | = | 0.0% |
| Total equity and liabilities | 10/49 | €31,675 | €31,868 | +€193 | +0.6% |
| Equity | 10/15 | -€61,234 | -€88,251 | -€27,017 | -44.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€81,694 | -€108,711 | -€27,017 | -33.1% |
| Amounts payable | 17/49 | €92,909 | €120,119 | +€27,210 | +29.3% |
| Amounts payable after more than one year | 17 | €2,697 | €2,697 | = | 0.0% |
| Financial debts | 170/4 | €2,697 | €2,697 | = | 0.0% |
| Amounts payable within one year | 42/48 | €90,212 | €117,422 | +€27,210 | +30.2% |
| Current portion of amounts payable after more than one year | 42 | €4,608 | €2,482 | -€2,126 | -46.1% |
| Financial debts | 43 | €1,139 | - | -€1,139 | |
| Credit institutions | 430/8 | €1,139 | - | -€1,139 | |
| Trade debts | 44 | €163 | €265 | +€102 | +62.6% |
| Suppliers | 440/4 | €163 | €265 | +€102 | +62.6% |
| Advances received on contracts in progress | 46 | €250 | €493 | +€243 | +97.2% |
| Taxes, remuneration and social security | 45 | - | €100 | +€100 | |
| Taxes | 450/3 | - | €100 | +€100 | |
| Other amounts payable | 47/48 | €84,052 | €114,082 | +€30,030 | +35.7% |
| Other operating charges | 640/8 | €500 | €547 | +€47 | +9.4% |
| Gross operating margin | 9900 | -€23,871 | -€26,115 | -€2,244 | -9.4% |
| Operating profit (loss) | 9901 | -€24,371 | -€26,662 | -€2,291 | -9.4% |
| Financial income | 75/76B | - | €113 | +€113 | |
| Recurring financial income | 75 | - | €113 | +€113 | |
| Financial charges | 65/66B | €923 | €468 | -€455 | -49.3% |
| Recurring financial charges | 65 | €923 | €468 | -€455 | -49.3% |
| Profit (loss) for the period before taxes | 9903 | -€25,294 | -€27,017 | -€1,723 | -6.8% |
| Profit (loss) for the period | 9904 | -€25,294 | -€27,017 | -€1,723 | -6.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€25,294 | -€27,017 | -€1,723 | -6.8% |
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 22 October 2026 via checked.be.