Maravenne: 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.
Maravenne
Largest movements
- Tangible fixed assets -€28,049
down €28,049 (-99.9%), from €28,069 to €20
- Cash -€12,948
down €12,948 (-12.0%), from €107,615 to €94,667
mainly Debts after one year (-€21,662) and Tax, wage and social debts (-€10,573)
- Receivables within one year -€5,003
down €5,003 (-25.8%), from €19,363 to €14,360
of which Trade receivables: -€18,005
- Debts after one year -€21,662
down €21,662 (-100%), from €21,662 to €0
- Tax, wage and social debts -€10,573
down €10,573 (-100%), from €10,573 to €0
of which Taxes: -€10,573
- Short-term financial debts -€9,998
down €9,998 (-100%), from €9,998 to €0
- Other debts -€8,344
down €8,344 (-100%), from €8,344 to €0
- Reserves +€5,878
up €5,878 (+5.8%), from €100,817 to €106,695
- Gross operating margin -€93,210
down €93,210 (-91.9%), from €101,382 to €8,172
- Taxes -€17,355
down €17,355 (-91.8%), from €18,905 to €1,551
- Depreciation -€9,130
down €9,130 (-95.5%), from €9,563 to €432
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 | €155,109 | €109,472 | -€45,637 | -29.4% |
| Fixed assets | 21/28 | €28,069 | €20 | -€28,049 | -99.9% |
| Tangible fixed assets | 22/27 | €28,069 | €20 | -€28,049 | -99.9% |
| Furniture and vehicles | 24 | €28,069 | €20 | -€28,049 | -99.9% |
| Current assets | 29/58 | €127,040 | €109,452 | -€17,589 | -13.8% |
| Amounts receivable within one year | 40/41 | €19,363 | €14,360 | -€5,003 | -25.8% |
| Trade receivables | 40 | €18,005 | €0 | -€18,005 | -100% |
| Other amounts receivable | 41 | €1,358 | €14,360 | +€13,002 | +957% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €107,615 | €94,667 | -€12,948 | -12.0% |
| Deferred charges and accrued income | 490/1 | €62 | €425 | +€363 | +583% |
| Total equity and liabilities | 10/49 | €155,109 | €109,472 | -€45,637 | -29.4% |
| Equity | 10/15 | €102,817 | €108,695 | +€5,878 | +5.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €100,817 | €106,695 | +€5,878 | +5.8% |
| Distributable reserves | 133 | €100,817 | €106,695 | +€5,878 | +5.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €52,292 | €777 | -€51,515 | -98.5% |
| Amounts payable after more than one year | 17 | €21,662 | €0 | -€21,662 | -100% |
| Financial debts | 170/4 | €21,662 | €0 | -€21,662 | -100% |
| Amounts payable within one year | 42/48 | €30,630 | €777 | -€29,853 | -97.5% |
| Financial debts | 43 | €9,998 | €0 | -€9,998 | -100% |
| Other loans | 439 | €9,998 | €0 | -€9,998 | -100% |
| Trade debts | 44 | €1,715 | €777 | -€938 | -54.7% |
| Suppliers | 440/4 | €1,715 | €777 | -€938 | -54.7% |
| Taxes, remuneration and social security | 45 | €10,573 | €0 | -€10,573 | -100% |
| Taxes | 450/3 | €10,573 | €0 | -€10,573 | -100% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €8,344 | €0 | -€8,344 | -100% |
| Non-recurring operating income | 76A | - | €5,189 | +€5,189 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,563 | €432 | -€9,130 | -95.5% |
| Other operating charges | 640/8 | €489 | €659 | +€170 | +34.8% |
| Gross operating margin | 9900 | €101,382 | €8,172 | -€93,210 | -91.9% |
| Operating profit (loss) | 9901 | €91,330 | €7,081 | -€84,249 | -92.2% |
| Financial income | 75/76B | €878 | €418 | -€460 | -52.4% |
| Recurring financial income | 75 | €878 | €418 | -€460 | -52.4% |
| Financial charges | 65/66B | €114 | €70 | -€44 | -38.4% |
| Recurring financial charges | 65 | €114 | €70 | -€44 | -38.4% |
| Profit (loss) for the period before taxes | 9903 | €92,094 | €7,429 | -€84,665 | -91.9% |
| Income taxes | 67/77 | €18,905 | €1,551 | -€17,355 | -91.8% |
| Profit (loss) for the period | 9904 | €73,188 | €5,878 | -€67,310 | -92.0% |
| Profit (loss) for the period to be appropriated | 9905 | €73,188 | €5,878 | -€67,310 | -92.0% |
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 25 October 2026 via checked.be.