Marbella Palace: 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.
Marbella Palace
Largest movements
- Tangible fixed assets -€24,017
down €24,017 (-7.6%), from €316,913 to €292,896
of which Land and buildings: -€22,825
- Deferred charges and accrued income +€14,593
up €14,593 (+26,489%), from €55 to €14,648
- Receivables within one year +€10,233
new in 2025: €10,233
- Cash +€4,517
up €4,517 (+172%), from €2,623 to €7,140
mainly Depreciation (+€24,017) and Net result for the year (+€6,590)
- Short-term financial debts -€6,705
no longer reported in 2025 (was €6,705)
- Profit (loss) carried forward +€6,590
up €6,590 (+7.0%), from -€94,677 to -€88,087
- Tax, wage and social debts +€5,380
up €5,380 (+226%), from €2,376 to €7,756
of which Taxes: +€5,574
- Gross operating margin -€23,953
down €23,953 (-37.2%), from €64,331 to €40,379
- Financial charges +€4,359
up €4,359 (+118%), from €3,701 to €8,059
- Other operating charges -€2,582
down €2,582 (-58.6%), from €4,406 to €1,824
- Depreciation -€796
down €796 (-3.2%), from €24,813 to €24,017
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 | €319,591 | €324,917 | +€5,326 | +1.7% |
| Fixed assets | 21/28 | €316,913 | €292,896 | -€24,017 | -7.6% |
| Tangible fixed assets | 22/27 | €316,913 | €292,896 | -€24,017 | -7.6% |
| Land and buildings | 22 | €314,307 | €291,482 | -€22,825 | -7.3% |
| Furniture and vehicles | 24 | €2,606 | €1,414 | -€1,192 | -45.7% |
| Current assets | 29/58 | €2,678 | €32,021 | +€29,343 | +1,096% |
| Amounts receivable within one year | 40/41 | - | €10,233 | +€10,233 | |
| Other amounts receivable | 41 | - | €10,233 | +€10,233 | |
| Cash at bank and in hand | 54/58 | €2,623 | €7,140 | +€4,517 | +172% |
| Deferred charges and accrued income | 490/1 | €55 | €14,648 | +€14,593 | +26,489% |
| Total equity and liabilities | 10/49 | €319,591 | €324,917 | +€5,326 | +1.7% |
| Equity | 10/15 | €293,923 | €300,513 | +€6,590 | +2.2% |
| Contributions | 10/11 | €388,600 | €388,600 | = | 0.0% |
| Contributions outside capital | 11 | €388,600 | €388,600 | = | 0.0% |
| Other | 1109/19 | €388,600 | €388,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€94,677 | -€88,087 | +€6,590 | +7.0% |
| Amounts payable | 17/49 | €25,668 | €24,404 | -€1,264 | -4.9% |
| Amounts payable after more than one year | 17 | €14,770 | €14,770 | = | 0.0% |
| Financial debts | 170/4 | €2,770 | €2,770 | = | 0.0% |
| Other amounts payable | 178/9 | €12,000 | €12,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €10,898 | €9,634 | -€1,264 | -11.6% |
| Financial debts | 43 | €6,705 | - | -€6,705 | |
| Credit institutions | 430/8 | €6,705 | - | -€6,705 | |
| Trade debts | 44 | €1,817 | €1,878 | +€61 | +3.4% |
| Suppliers | 440/4 | €1,817 | €1,878 | +€61 | +3.4% |
| Taxes, remuneration and social security | 45 | €2,376 | €7,756 | +€5,380 | +226% |
| Taxes | 450/3 | €2,182 | €7,756 | +€5,574 | +255% |
| Remuneration and social security | 454/9 | €194 | - | -€194 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,813 | €24,017 | -€796 | -3.2% |
| Other operating charges | 640/8 | €4,406 | €1,824 | -€2,582 | -58.6% |
| Gross operating margin | 9900 | €64,331 | €40,379 | -€23,953 | -37.2% |
| Operating profit (loss) | 9901 | €35,112 | €14,538 | -€20,574 | -58.6% |
| Financial charges | 65/66B | €3,701 | €8,059 | +€4,359 | +118% |
| Recurring financial charges | 65 | €3,701 | €8,059 | +€4,359 | +118% |
| Profit (loss) for the period before taxes | 9903 | €31,411 | €6,478 | -€24,933 | -79.4% |
| Income taxes | 67/77 | €401 | -€112 | -€512 | |
| Profit (loss) for the period | 9904 | €31,010 | €6,590 | -€24,420 | -78.7% |
| Profit (loss) for the period to be appropriated | 9905 | €31,010 | €6,590 | -€24,420 | -78.7% |
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 27 October 2026 via checked.be.