MARBLE 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.
MARBLE DEVELOPMENT
Largest movements
- Receivables within one year +€93,747
up €93,747 (+6903.4%), from €1,358 to €95,105
of which Other amounts receivable: +€94,417
- Cash +€8,397
up €8,397 (+62.0%), from €13,543 to €21,940
mainly Debts after one year (+€137,063) and Depreciation (+€12,403)
- Intangible fixed assets -€7,180
down €7,180 (-100.0%), from €7,180 to €0
- Tangible fixed assets -€2,339
down €2,339 (-4.6%), from €51,239 to €48,900
of which Land and buildings: -€2,781
- Debts after one year +€137,063
up €137,063 (+201.2%), from €68,109 to €205,172
of which Other amounts payable: +€142,156
- Profit (loss) carried forward -€44,697
down €44,697 (-219.3%), from -€20,378 to -€65,075
- Gross operating margin +€8,981
up €8,981 (+23.0%), from -€39,067 to -€30,086
- Depreciation +€1,525
up €1,525 (+14.0%), from €10,878 to €12,403
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 | €74,091 | €166,306 | +€92,214 | +124.5% |
| Fixed assets | 21/28 | €58,419 | €48,900 | -€9,519 | -16.3% |
| Intangible fixed assets | 21 | €7,180 | €0 | -€7,180 | -100.0% |
| Tangible fixed assets | 22/27 | €51,239 | €48,900 | -€2,339 | -4.6% |
| Land and buildings | 22 | €47,477 | €44,696 | -€2,781 | -5.9% |
| Furniture and vehicles | 24 | €3,762 | €4,204 | +€442 | +11.8% |
| Current assets | 29/58 | €15,672 | €117,406 | +€101,734 | +649.1% |
| Amounts receivable within one year | 40/41 | €1,358 | €95,105 | +€93,747 | +6903.4% |
| Trade receivables | 40 | €670 | €0 | -€670 | -100.0% |
| Other amounts receivable | 41 | €688 | €95,105 | +€94,417 | +13721.2% |
| Cash at bank and in hand | 54/58 | €13,543 | €21,940 | +€8,397 | +62.0% |
| Deferred charges and accrued income | 490/1 | €771 | €361 | -€411 | -53.2% |
| Total equity and liabilities | 10/49 | €74,091 | €166,306 | +€92,214 | +124.5% |
| Equity | 10/15 | -€557 | -€45,255 | -€44,697 | -8020.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,221 | €1,221 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,221 | €1,221 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,378 | -€65,075 | -€44,697 | -219.3% |
| Amounts payable | 17/49 | €74,648 | €211,560 | +€136,912 | +183.4% |
| Amounts payable after more than one year | 17 | €68,109 | €205,172 | +€137,063 | +201.2% |
| Financial debts | 170/4 | €22,696 | €17,604 | -€5,093 | -22.4% |
| Other amounts payable | 178/9 | €45,413 | €187,569 | +€142,156 | +313.0% |
| Amounts payable within one year | 42/48 | €5,711 | €5,495 | -€216 | -3.8% |
| Current portion of amounts payable after more than one year | 42 | €5,008 | €5,093 | +€84 | +1.7% |
| Trade debts | 44 | €566 | €260 | -€306 | -54.1% |
| Suppliers | 440/4 | €566 | €260 | -€306 | -54.1% |
| Taxes, remuneration and social security | 45 | €137 | €143 | +€6 | +4.5% |
| Taxes | 450/3 | €137 | €143 | +€6 | +4.5% |
| Accrued charges and deferred income | 492/3 | €828 | €893 | +€64 | +7.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,878 | €12,403 | +€1,525 | +14.0% |
| Other operating charges | 640/8 | €1,689 | €1,481 | -€208 | -12.3% |
| Gross operating margin | 9900 | -€39,067 | -€30,086 | +€8,981 | +23.0% |
| Operating profit (loss) | 9901 | -€51,634 | -€43,970 | +€7,664 | +14.8% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €685 | €584 | -€101 | -14.7% |
| Recurring financial charges | 65 | €685 | €584 | -€101 | -14.7% |
| Profit (loss) for the period before taxes | 9903 | -€52,319 | -€44,555 | +€7,764 | +14.8% |
| Income taxes | 67/77 | €137 | €143 | +€6 | +4.5% |
| Profit (loss) for the period | 9904 | -€52,455 | -€44,697 | +€7,758 | +14.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€52,455 | -€44,697 | +€7,758 | +14.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.