MARANKY & C°: 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.
MARANKY & C°
Largest movements
- Receivables within one year +€34,121
up €34,121 (+515%), from €6,620 to €40,742
of which Trade receivables: +€31,388
- Deferred charges and accrued income +€23,974
up €23,974 (+92,815%), from €26 to €24,000
- Stocks and contracts +€13,837
up €13,837 (+6.0%), from €231,942 to €245,779
- Tangible fixed assets -€11,079
down €11,079 (-5.3%), from €208,790 to €197,711
of which Land and buildings: -€11,839
- Short-term financial debts +€88,241
up €88,241 (+60.4%), from €146,110 to €234,351
of which Credit institutions: +€88,241
- Debts after one year -€47,764
down €47,764 (-44.8%), from €106,640 to €58,877
- Current portion of long-term debt +€24,155
up €24,155 (+188%), from €12,855 to €37,010
- Trade debts +€14,261
up €14,261 (+9.3%), from €153,264 to €167,525
- Other debts -€10,061
down €10,061 (-10.1%), from €99,971 to €89,909
- Gross operating margin -€10,203
down €10,203 (-24.7%), from €41,303 to €31,101
- Financial charges +€2,622
up €2,622 (+16.3%), from €16,118 to €18,740
- Other operating charges +€1,417
up €1,417 (+38.0%), from €3,726 to €5,143
- Depreciation -€870
down €870 (-6.6%), from €13,100 to €12,231
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €448,010 | €508,863 | +€60,853 | +13.6% |
| Fixed assets | 21/28 | €209,421 | €198,342 | -€11,079 | -5.3% |
| Tangible fixed assets | 22/27 | €208,790 | €197,711 | -€11,079 | -5.3% |
| Land and buildings | 22 | €207,960 | €196,121 | -€11,839 | -5.7% |
| Furniture and vehicles | 24 | €830 | €1,590 | +€760 | +91.6% |
| Financial fixed assets | 28 | €631 | €631 | = | 0.0% |
| Current assets | 29/58 | €238,588 | €310,521 | +€71,932 | +30.1% |
| Stocks and contracts in progress | 3 | €231,942 | €245,779 | +€13,837 | +6.0% |
| Stocks | 30/36 | €231,942 | €245,779 | +€13,837 | +6.0% |
| Amounts receivable within one year | 40/41 | €6,620 | €40,742 | +€34,121 | +515% |
| Trade receivables | 40 | €6,598 | €37,986 | +€31,388 | +476% |
| Other amounts receivable | 41 | €22 | €2,755 | +€2,733 | +12,424% |
| Deferred charges and accrued income | 490/1 | €26 | €24,000 | +€23,974 | +92,815% |
| Total equity and liabilities | 10/49 | €448,010 | €508,863 | +€60,853 | +13.6% |
| Equity | 10/15 | -€74,207 | -€79,443 | -€5,236 | -7.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€92,807 | -€98,043 | -€5,236 | -5.6% |
| Amounts payable | 17/49 | €522,217 | €588,306 | +€66,089 | +12.7% |
| Amounts payable after more than one year | 17 | €106,640 | €58,877 | -€47,764 | -44.8% |
| Financial debts | 170/4 | €106,640 | €58,877 | -€47,764 | -44.8% |
| Amounts payable within one year | 42/48 | €415,576 | €529,429 | +€113,853 | +27.4% |
| Current portion of amounts payable after more than one year | 42 | €12,855 | €37,010 | +€24,155 | +188% |
| Financial debts | 43 | €146,110 | €234,351 | +€88,241 | +60.4% |
| Credit institutions | 430/8 | €35,167 | €123,408 | +€88,241 | +251% |
| Other loans | 439 | €110,944 | €110,944 | = | 0.0% |
| Trade debts | 44 | €153,264 | €167,525 | +€14,261 | +9.3% |
| Suppliers | 440/4 | €153,264 | €167,525 | +€14,261 | +9.3% |
| Taxes, remuneration and social security | 45 | €3,376 | €634 | -€2,743 | -81.2% |
| Taxes | 450/3 | €3,376 | €634 | -€2,743 | -81.2% |
| Other amounts payable | 47/48 | €99,971 | €89,909 | -€10,061 | -10.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,100 | €12,231 | -€870 | -6.6% |
| Other operating charges | 640/8 | €3,726 | €5,143 | +€1,417 | +38.0% |
| Gross operating margin | 9900 | €41,303 | €31,101 | -€10,203 | -24.7% |
| Operating profit (loss) | 9901 | €24,477 | €13,727 | -€10,750 | -43.9% |
| Financial income | 75/76B | €0 | €61 | +€61 | +13,531% |
| Recurring financial income | 75 | €0 | €61 | +€61 | +13,531% |
| Financial charges | 65/66B | €16,118 | €18,740 | +€2,622 | +16.3% |
| Recurring financial charges | 65 | €16,118 | €18,740 | +€2,622 | +16.3% |
| Profit (loss) for the period before taxes | 9903 | €8,359 | -€4,952 | -€13,311 | |
| Income taxes | 67/77 | €349 | €284 | -€65 | -18.5% |
| Profit (loss) for the period | 9904 | €8,010 | -€5,236 | -€13,246 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,010 | -€5,236 | -€13,246 |
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 23 October 2026 via checked.be.