MARASCO GROUP: 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.
MARASCO GROUP
Largest movements
- Tangible fixed assets +€228,991
up €228,991 (+1,475%), from €15,521 to €244,513
of which Land and buildings: +€183,059
- Receivables within one year +€58,337
up €58,337 (+64.9%), from €89,841 to €148,179
of which Trade receivables: +€38,446
- Debts after one year +€202,685
up €202,685 (+3,362%), from €6,028 to €208,713
- Profit (loss) carried forward +€30,041
up €30,041 (+21.2%), from €141,976 to €172,018
- Tax, wage and social debts +€21,301
up €21,301 (+83.9%), from €25,401 to €46,702
of which Taxes: +€11,014
- Current portion of long-term debt +€20,236
up €20,236 (+570%), from €3,553 to €23,789
- Trade debts +€5,317
up €5,317 (+281%), from €1,889 to €7,206
- Gross operating margin +€66,615
up €66,615 (+31.5%), from €211,314 to €277,928
- Staff costs +€55,468
up €55,468 (+45.5%), from €121,824 to €177,292
- Depreciation +€40,404
up €40,404 (+525%), from €7,693 to €48,097
- Financial charges +€8,991
up €8,991 (+1,134%), from €793 to €9,784
- Taxes -€5,973
down €5,973 (-35.2%), from €16,987 to €11,014
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €186,708 | €468,796 | +€282,089 | +151% |
| Fixed assets | 21/28 | €15,521 | €244,513 | +€228,991 | +1,475% |
| Tangible fixed assets | 22/27 | €15,521 | €244,513 | +€228,991 | +1,475% |
| Land and buildings | 22 | €8,285 | €191,344 | +€183,059 | +2,210% |
| Plant, machinery and equipment | 23 | €1,578 | €2,730 | +€1,152 | +73.0% |
| Furniture and vehicles | 24 | €5,658 | €50,438 | +€44,780 | +791% |
| Current assets | 29/58 | €171,187 | €224,284 | +€53,097 | +31.0% |
| Stocks and contracts in progress | 3 | €363 | €363 | = | 0.0% |
| Stocks | 30/36 | €363 | €363 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €89,841 | €148,179 | +€58,337 | +64.9% |
| Trade receivables | 40 | €78,444 | €116,891 | +€38,446 | +49.0% |
| Other amounts receivable | 41 | €11,397 | €31,288 | +€19,891 | +175% |
| Cash at bank and in hand | 54/58 | €74,147 | €69,561 | -€4,586 | -6.2% |
| Deferred charges and accrued income | 490/1 | €6,835 | €6,181 | -€654 | -9.6% |
| Total equity and liabilities | 10/49 | €186,708 | €468,796 | +€282,089 | +151% |
| Equity | 10/15 | €146,976 | €177,018 | +€30,041 | +20.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €141,976 | €172,018 | +€30,041 | +21.2% |
| Amounts payable | 17/49 | €39,731 | €291,779 | +€252,047 | +634% |
| Amounts payable after more than one year | 17 | €6,028 | €208,713 | +€202,685 | +3,362% |
| Financial debts | 170/4 | €6,028 | €208,713 | +€202,685 | +3,362% |
| Amounts payable within one year | 42/48 | €33,703 | €83,065 | +€49,362 | +146% |
| Current portion of amounts payable after more than one year | 42 | €3,553 | €23,789 | +€20,236 | +570% |
| Trade debts | 44 | €1,889 | €7,206 | +€5,317 | +281% |
| Suppliers | 440/4 | €1,889 | €7,206 | +€5,317 | +281% |
| Taxes, remuneration and social security | 45 | €25,401 | €46,702 | +€21,301 | +83.9% |
| Taxes | 450/3 | €16,987 | €28,001 | +€11,014 | +64.8% |
| Remuneration and social security | 454/9 | €8,414 | €18,701 | +€10,287 | +122% |
| Other amounts payable | 47/48 | €2,860 | €5,368 | +€2,508 | +87.7% |
| Non-recurring operating income | 76A | - | €24 | +€24 | |
| Remuneration, social security and pensions | 62 | €121,824 | €177,292 | +€55,468 | +45.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,693 | €48,097 | +€40,404 | +525% |
| Other operating charges | 640/8 | €564 | €1,706 | +€1,142 | +203% |
| Gross operating margin | 9900 | €211,314 | €277,928 | +€66,615 | +31.5% |
| Operating profit (loss) | 9901 | €81,233 | €50,834 | -€30,400 | -37.4% |
| Financial income | 75/76B | €1 | €5 | +€4 | +460% |
| Recurring financial income | 75 | €1 | €5 | +€4 | +460% |
| Financial charges | 65/66B | €793 | €9,784 | +€8,991 | +1,134% |
| Recurring financial charges | 65 | €793 | €9,784 | +€8,991 | +1,134% |
| Profit (loss) for the period before taxes | 9903 | €80,442 | €41,055 | -€39,386 | -49.0% |
| Income taxes | 67/77 | €16,987 | €11,014 | -€5,973 | -35.2% |
| Profit (loss) for the period | 9904 | €63,455 | €30,041 | -€33,413 | -52.7% |
| Profit (loss) for the period to be appropriated | 9905 | €63,455 | €30,041 | -€33,413 | -52.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.