MaraVilla Development: 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.
MaraVilla Development
Largest movements
- Receivables within one year +€1.9m
up €1.9m (+32.2%), from €5.8m to €7.6m
of which Other amounts receivable: +€1.7m
- Deferred charges and accrued income +€93,790
up €93,790 (+23.6%), from €397,129 to €490,920
- Stocks and contracts -€91,637
down €91,637 (-44.3%), from €206,652 to €115,015
- Other debts +€1.7m
up €1.7m (+27.8%), from €6.3m to €8.0m
- Accrued charges and deferred income +€101,331
up €101,331 (+26.0%), from €390,332 to €491,663
- Financial charges +€101,329
up €101,329 (+25.9%), from €390,537 to €491,867
- Financial income +€93,790
up €93,790 (+23.6%), from €397,129 to €490,920
- Gross operating margin -€18,272
down €18,272 (-362.1%), from -€5,046 to -€23,318
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 | €6,784,206 | €8,614,187 | +€1.8m | +27.0% |
| Fixed assets | 21/28 | €6,300 | €6,300 | = | 0.0% |
| Financial fixed assets | 28 | €6,300 | €6,300 | = | 0.0% |
| Current assets | 29/58 | €6,777,906 | €8,607,887 | +€1.8m | +27.0% |
| Amounts receivable after more than one year | 29 | €353,215 | €367,344 | +€14,129 | +4.0% |
| Other amounts receivable | 291 | €353,215 | €367,344 | +€14,129 | +4.0% |
| Stocks and contracts in progress | 3 | €206,652 | €115,015 | -€91,637 | -44.3% |
| Contracts in progress | 37 | €206,652 | €115,015 | -€91,637 | -44.3% |
| Amounts receivable within one year | 40/41 | €5,776,443 | €7,634,609 | +€1.9m | +32.2% |
| Trade receivables | 40 | - | €181,336 | +€181,336 | |
| Other amounts receivable | 41 | €5,776,443 | €7,453,273 | +€1.7m | +29.0% |
| Cash at bank and in hand | 54/58 | €44,466 | - | -€44,466 | |
| Deferred charges and accrued income | 490/1 | €397,129 | €490,920 | +€93,790 | +23.6% |
| Total equity and liabilities | 10/49 | €6,784,206 | €8,614,187 | +€1.8m | +27.0% |
| Equity | 10/15 | €105,877 | €80,614 | -€25,263 | -23.9% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €5,877 | €5,877 | = | 0.0% |
| Non-distributable reserves | 130/1 | €294 | €294 | = | 0.0% |
| Legal reserve | 130 | €294 | €294 | = | 0.0% |
| Distributable reserves | 133 | €5,583 | €5,583 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€25,263 | -€25,263 | |
| Amounts payable | 17/49 | €6,678,329 | €8,533,573 | +€1.9m | +27.8% |
| Amounts payable within one year | 42/48 | €6,287,997 | €8,041,910 | +€1.8m | +27.9% |
| Trade debts | 44 | €10,812 | €19,894 | +€9,082 | +84.0% |
| Suppliers | 440/4 | €10,812 | €19,894 | +€9,082 | +84.0% |
| Taxes, remuneration and social security | 45 | €1,843 | - | -€1,843 | |
| Taxes | 450/3 | €1,843 | - | -€1,843 | |
| Other amounts payable | 47/48 | €6,275,342 | €8,022,016 | +€1.7m | +27.8% |
| Accrued charges and deferred income | 492/3 | €390,332 | €491,663 | +€101,331 | +26.0% |
| Other operating charges | 640/8 | €1,086 | €998 | -€87 | -8.0% |
| Gross operating margin | 9900 | -€5,046 | -€23,318 | -€18,272 | -362.1% |
| Operating profit (loss) | 9901 | -€6,132 | -€24,316 | -€18,185 | -296.6% |
| Financial income | 75/76B | €397,129 | €490,920 | +€93,790 | +23.6% |
| Recurring financial income | 75 | €397,129 | €490,920 | +€93,790 | +23.6% |
| Financial charges | 65/66B | €390,537 | €491,867 | +€101,329 | +25.9% |
| Recurring financial charges | 65 | €390,537 | €491,867 | +€101,329 | +25.9% |
| Profit (loss) for the period before taxes | 9903 | €460 | -€25,263 | -€25,724 | |
| Income taxes | 67/77 | €125 | - | -€125 | |
| Profit (loss) for the period | 9904 | €335 | -€25,263 | -€25,598 | |
| Profit (loss) for the period to be appropriated | 9905 | €335 | -€25,263 | -€25,598 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.