MARCELIMO: 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.
MARCELIMO
Largest movements
- Tangible fixed assets -€6,034
down €6,034 (-2.9%), from €206,101 to €200,067
- Debts after one year -€10,357
down €10,357 (-9.2%), from €112,523 to €102,166
- Profit (loss) carried forward +€8,676
up €8,676 (+93.8%), from €9,246 to €17,922
- Trade debts -€8,276
down €8,276 (-93.7%), from €8,830 to €554
- Taxes +€1,992
up €1,992 (+170.8%), from €1,166 to €3,158
- Gross operating margin +€944
up €944 (+4.3%), from €21,859 to €22,803
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 | €211,995 | €204,358 | -€7,637 | -3.6% |
| Fixed assets | 21/28 | €206,101 | €200,067 | -€6,034 | -2.9% |
| Tangible fixed assets | 22/27 | €206,101 | €200,067 | -€6,034 | -2.9% |
| Land and buildings | 22 | €206,101 | €200,067 | -€6,034 | -2.9% |
| Current assets | 29/58 | €5,893 | €4,291 | -€1,603 | -27.2% |
| Cash at bank and in hand | 54/58 | €2,887 | €2,164 | -€723 | -25.0% |
| Deferred charges and accrued income | 490/1 | €3,007 | €2,127 | -€880 | -29.3% |
| Total equity and liabilities | 10/49 | €211,995 | €204,358 | -€7,637 | -3.6% |
| Equity | 10/15 | €79,246 | €87,922 | +€8,676 | +10.9% |
| Contributions | 10/11 | €70,000 | €70,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,246 | €17,922 | +€8,676 | +93.8% |
| Amounts payable | 17/49 | €132,749 | €116,436 | -€16,313 | -12.3% |
| Amounts payable after more than one year | 17 | €112,523 | €102,166 | -€10,357 | -9.2% |
| Financial debts | 170/4 | €112,523 | €102,166 | -€10,357 | -9.2% |
| Amounts payable within one year | 42/48 | €20,226 | €14,270 | -€5,956 | -29.4% |
| Current portion of amounts payable after more than one year | 42 | €10,229 | €10,357 | +€128 | +1.3% |
| Trade debts | 44 | €8,830 | €554 | -€8,276 | -93.7% |
| Suppliers | 440/4 | €8,830 | €554 | -€8,276 | -93.7% |
| Taxes, remuneration and social security | 45 | €1,166 | €3,158 | +€1,992 | +170.8% |
| Taxes | 450/3 | €1,166 | €3,158 | +€1,992 | +170.8% |
| Other amounts payable | 47/48 | - | €200 | +€200 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,034 | €6,034 | = | 0.0% |
| Other operating charges | 640/8 | €3,141 | €3,240 | +€99 | +3.1% |
| Gross operating margin | 9900 | €21,859 | €22,803 | +€944 | +4.3% |
| Operating profit (loss) | 9901 | €12,684 | €13,529 | +€845 | +6.7% |
| Financial charges | 65/66B | €1,829 | €1,695 | -€135 | -7.4% |
| Recurring financial charges | 65 | €1,829 | €1,695 | -€135 | -7.4% |
| Profit (loss) for the period before taxes | 9903 | €10,855 | €11,834 | +€980 | +9.0% |
| Income taxes | 67/77 | €1,166 | €3,158 | +€1,992 | +170.8% |
| Profit (loss) for the period | 9904 | €9,688 | €8,676 | -€1,012 | -10.4% |
| Profit (loss) for the period to be appropriated | 9905 | €9,688 | €8,676 | -€1,012 | -10.4% |
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 6 October 2026 via checked.be.