MARANTCO: what changed
Two fiscal 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.
MARANTCO
Largest movements
- Current investments -€199,992
down €199,992 (-99.5%), from €200,965 to €974
- Cash +€169,964
up €169,964 (+890.9%), from €19,078 to €189,042
mainly Current investments (+€199,992) and Net result for the year (+€39,152)
- Tangible fixed assets -€31,497
down €31,497 (-1.8%), from €1.8m to €1.8m
of which Land and buildings: -€24,088
- Debts after one year -€68,869
down €68,869 (-10.6%), from €648,755 to €579,886
- Reserves +€39,152
up €39,152 (+5.4%), from €718,774 to €757,926
of which Distributable reserves: +€39,152
- Other debts -€26,381
down €26,381 (-97.5%), from €27,068 to €687
- Gross operating margin -€28,094
down €28,094 (-22.2%), from €126,822 to €98,728
- Taxes -€6,417
down €6,417 (-30.5%), from €21,020 to €14,603
- Financial charges -€2,031
down €2,031 (-12.9%), from €15,749 to €13,718
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.
Cash bridge derived
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 | €2,124,219 | €2,076,511 | -€47,708 | -2.2% |
| Fixed assets | 21/28 | €1,789,336 | €1,757,839 | -€31,497 | -1.8% |
| Tangible fixed assets | 22/27 | €1,789,336 | €1,757,839 | -€31,497 | -1.8% |
| Land and buildings | 22 | €1,766,057 | €1,741,969 | -€24,088 | -1.4% |
| Plant, machinery and equipment | 23 | €16,969 | €13,250 | -€3,719 | -21.9% |
| Furniture and vehicles | 24 | €6,310 | €2,620 | -€3,690 | -58.5% |
| Current assets | 29/58 | €334,883 | €318,672 | -€16,211 | -4.8% |
| Amounts receivable within one year | 40/41 | €113,412 | €126,641 | +€13,229 | +11.7% |
| Trade receivables | 40 | €34,961 | €46,627 | +€11,667 | +33.4% |
| Other amounts receivable | 41 | €78,451 | €80,013 | +€1,562 | +2.0% |
| Current investments | 50/53 | €200,965 | €974 | -€199,992 | -99.5% |
| Cash at bank and in hand | 54/58 | €19,078 | €189,042 | +€169,964 | +890.9% |
| Deferred charges and accrued income | 490/1 | €1,428 | €2,016 | +€588 | +41.2% |
| Total equity and liabilities | 10/49 | €2,124,219 | €2,076,511 | -€47,708 | -2.2% |
| Equity | 10/15 | €737,374 | €776,526 | +€39,152 | +5.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €718,774 | €757,926 | +€39,152 | +5.4% |
| Tax-exempt reserves | 132 | €428 | €428 | = | 0.0% |
| Distributable reserves | 133 | €718,346 | €757,498 | +€39,152 | +5.5% |
| Amounts payable | 17/49 | €1,386,845 | €1,299,985 | -€86,860 | -6.3% |
| Amounts payable after more than one year | 17 | €648,755 | €579,886 | -€68,869 | -10.6% |
| Financial debts | 170/4 | €648,755 | €579,886 | -€68,869 | -10.6% |
| Amounts payable within one year | 42/48 | €736,840 | €718,849 | -€17,991 | -2.4% |
| Current portion of amounts payable after more than one year | 42 | €65,863 | €68,869 | +€3,006 | +4.6% |
| Trade debts | 44 | €633,989 | €635,793 | +€1,804 | +0.3% |
| Suppliers | 440/4 | €633,989 | €635,793 | +€1,804 | +0.3% |
| Taxes, remuneration and social security | 45 | €9,920 | €13,500 | +€3,580 | +36.1% |
| Taxes | 450/3 | €9,920 | €13,500 | +€3,580 | +36.1% |
| Other amounts payable | 47/48 | €27,068 | €687 | -€26,381 | -97.5% |
| Accrued charges and deferred income | 492/3 | €1,250 | €1,250 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,497 | €31,497 | -€0 | 0.0% |
| Other operating charges | 640/8 | €4,155 | €4,696 | +€541 | +13.0% |
| Gross operating margin | 9900 | €126,822 | €98,728 | -€28,094 | -22.2% |
| Operating profit (loss) | 9901 | €91,170 | €62,535 | -€28,635 | -31.4% |
| Financial income | 75/76B | €3,739 | €4,939 | +€1,200 | +32.1% |
| Recurring financial income | 75 | €3,739 | €4,939 | +€1,200 | +32.1% |
| Financial charges | 65/66B | €15,749 | €13,718 | -€2,031 | -12.9% |
| Recurring financial charges | 65 | €15,749 | €13,718 | -€2,031 | -12.9% |
| Profit (loss) for the period before taxes | 9903 | €79,159 | €53,755 | -€25,404 | -32.1% |
| Income taxes | 67/77 | €21,020 | €14,603 | -€6,417 | -30.5% |
| Profit (loss) for the period | 9904 | €58,140 | €39,152 | -€18,988 | -32.7% |
| Profit (loss) for the period to be appropriated | 9905 | €58,140 | €39,152 | -€18,988 | -32.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.