MARBLE PHARMA CONSULT: 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.
MARBLE PHARMA CONSULT
Largest movements
- Cash +€153,612
up €153,612 (+145.6%), from €105,470 to €259,082
mainly Net result for the year (+€197,414) and Current portion of long-term debt (+€17,507)
- Current investments +€43,000
up €43,000 (+14.3%), from €300,000 to €343,000
- Receivables within one year +€27,039
up €27,039 (+18.4%), from €147,244 to €174,283
of which Other amounts receivable: +€31,502
- Tangible fixed assets -€13,831
down €13,831 (-6.0%), from €230,779 to €216,948
of which Land and buildings: -€7,504
- Reserves +€197,414
up €197,414 (+34.8%), from €568,019 to €765,433
of which Distributable reserves: +€197,414
- Debts after one year -€35,587
down €35,587 (-34.5%), from €103,010 to €67,423
- Current portion of long-term debt +€17,507
up €17,507 (+763.3%), from €2,293 to €19,800
- Tax, wage and social debts +€17,013
up €17,013 (+1811.1%), from €939 to €17,953
of which Remuneration and social security: +€17,750
- Trade debts +€11,793
up €11,793 (+42.5%), from €27,777 to €39,570
- Gross operating margin +€283,130
up €283,130 (+170.2%), from €166,326 to €449,455
- Staff costs +€161,330
new in 2025: €161,330
- Taxes +€29,538
up €29,538 (+80.0%), from €36,936 to €66,474
- Other operating charges -€5,929
down €5,929 (-45.8%), from €12,958 to €7,029
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 | €790,438 | €1,000,628 | +€210,190 | +26.6% |
| Fixed assets | 21/28 | €237,724 | €223,893 | -€13,831 | -5.8% |
| Tangible fixed assets | 22/27 | €230,779 | €216,948 | -€13,831 | -6.0% |
| Land and buildings | 22 | €220,431 | €212,926 | -€7,504 | -3.4% |
| Plant, machinery and equipment | 23 | €4,135 | - | -€4,135 | |
| Furniture and vehicles | 24 | €6,213 | €4,022 | -€2,191 | -35.3% |
| Financial fixed assets | 28 | €6,945 | €6,945 | = | 0.0% |
| Current assets | 29/58 | €552,714 | €776,735 | +€224,021 | +40.5% |
| Amounts receivable within one year | 40/41 | €147,244 | €174,283 | +€27,039 | +18.4% |
| Trade receivables | 40 | €120,242 | €115,779 | -€4,463 | -3.7% |
| Other amounts receivable | 41 | €27,002 | €58,503 | +€31,502 | +116.7% |
| Current investments | 50/53 | €300,000 | €343,000 | +€43,000 | +14.3% |
| Cash at bank and in hand | 54/58 | €105,470 | €259,082 | +€153,612 | +145.6% |
| Deferred charges and accrued income | 490/1 | - | €371 | +€371 | |
| Total equity and liabilities | 10/49 | €790,438 | €1,000,628 | +€210,190 | +26.6% |
| Equity | 10/15 | €656,418 | €853,832 | +€197,414 | +30.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Contributions outside capital | 11 | €12,400 | €12,400 | = | 0.0% |
| Other | 1109/19 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €568,019 | €765,433 | +€197,414 | +34.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €24,511 | €24,511 | = | 0.0% |
| Distributable reserves | 133 | €541,648 | €739,062 | +€197,414 | +36.4% |
| Profit (loss) carried forward | 14 | €75,999 | €75,999 | = | 0.0% |
| Amounts payable | 17/49 | €134,020 | €146,796 | +€12,776 | +9.5% |
| Amounts payable after more than one year | 17 | €103,010 | €67,423 | -€35,587 | -34.5% |
| Financial debts | 170/4 | €103,010 | €67,423 | -€35,587 | -34.5% |
| Amounts payable within one year | 42/48 | €31,010 | €77,323 | +€46,313 | +149.4% |
| Current portion of amounts payable after more than one year | 42 | €2,293 | €19,800 | +€17,507 | +763.3% |
| Trade debts | 44 | €27,777 | €39,570 | +€11,793 | +42.5% |
| Suppliers | 440/4 | €27,777 | €39,570 | +€11,793 | +42.5% |
| Taxes, remuneration and social security | 45 | €939 | €17,953 | +€17,013 | +1811.1% |
| Taxes | 450/3 | €939 | €202 | -€737 | -78.4% |
| Remuneration and social security | 454/9 | - | €17,750 | +€17,750 | |
| Accrued charges and deferred income | 492/3 | - | €2,050 | +€2,050 | |
| Remuneration, social security and pensions | 62 | - | €161,330 | +€161,330 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,592 | €13,831 | -€2,762 | -16.6% |
| Other operating charges | 640/8 | €12,958 | €7,029 | -€5,929 | -45.8% |
| Gross operating margin | 9900 | €166,326 | €449,455 | +€283,130 | +170.2% |
| Operating profit (loss) | 9901 | €136,776 | €267,266 | +€130,490 | +95.4% |
| Financial income | 75/76B | €1,141 | €2,150 | +€1,009 | +88.4% |
| Recurring financial income | 75 | €1,141 | €2,150 | +€1,009 | +88.4% |
| Financial charges | 65/66B | €3,417 | €5,529 | +€2,111 | +61.8% |
| Recurring financial charges | 65 | €3,417 | €5,529 | +€2,111 | +61.8% |
| Profit (loss) for the period before taxes | 9903 | €134,500 | €263,888 | +€129,388 | +96.2% |
| Income taxes | 67/77 | €36,936 | €66,474 | +€29,538 | +80.0% |
| Profit (loss) for the period | 9904 | €97,564 | €197,414 | +€99,850 | +102.3% |
| Profit (loss) for the period to be appropriated | 9905 | €97,564 | €197,414 | +€99,850 | +102.3% |
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 11 October 2026 via checked.be.