MARCHAL IBE: 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.
MARCHAL IBE
Largest movements
- Tangible fixed assets -€5,807
down €5,807 (-22.2%), from €26,205 to €20,398
- Profit (loss) carried forward -€7,548
down €7,548 (-69.5%), from -€10,866 to -€18,414
- Trade debts +€1,493
up €1,493 (+3.7%), from €40,646 to €42,139
- Turnover -€43,679
down €43,679 (-98.1%), from €44,529 to €850
- Purchases and services -€43,092
down €43,092 (-96.4%), from €44,691 to €1,599
- Other operating charges -€3,026
no longer reported in 2024 (was €3,026)
- Staff costs -€782
no longer reported in 2024 (was €782)
- Gross operating margin -€587
down €587 (-362%), from -€162 to -€749
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €47,752 | €41,697 | -€6,055 | -12.7% |
| Formation expenses | 20 | €992 | €744 | -€248 | -25.0% |
| Fixed assets | 21/28 | €26,205 | €20,398 | -€5,807 | -22.2% |
| Tangible fixed assets | 22/27 | €26,205 | €20,398 | -€5,807 | -22.2% |
| Furniture and vehicles | 24 | €26,205 | €20,398 | -€5,807 | -22.2% |
| Current assets | 29/58 | €20,555 | €20,555 | = | 0.0% |
| Stocks and contracts in progress | 3 | €4,560 | €4,560 | = | 0.0% |
| Stocks | 30/36 | €4,560 | €4,560 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €10,111 | €10,111 | = | 0.0% |
| Trade receivables | 40 | €637 | €637 | = | 0.0% |
| Other amounts receivable | 41 | €9,474 | €9,474 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €5,061 | €5,061 | = | 0.0% |
| Deferred charges and accrued income | 490/1 | €823 | €823 | = | 0.0% |
| Total equity and liabilities | 10/49 | €47,752 | €41,697 | -€6,055 | -12.7% |
| Equity | 10/15 | -€5,866 | -€13,414 | -€7,548 | -129% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Capital | 10 | €5,000 | €5,000 | = | 0.0% |
| Issued capital | 100 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,866 | -€18,414 | -€7,548 | -69.5% |
| Amounts payable | 17/49 | €53,618 | €55,111 | +€1,493 | +2.8% |
| Amounts payable within one year | 42/48 | €53,618 | €55,111 | +€1,493 | +2.8% |
| Trade debts | 44 | €40,646 | €42,139 | +€1,493 | +3.7% |
| Suppliers | 440/4 | €40,646 | €42,139 | +€1,493 | +3.7% |
| Other amounts payable | 47/48 | €12,972 | €12,972 | = | 0.0% |
| Turnover | 70 | €44,529 | €850 | -€43,679 | -98.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €44,691 | €1,599 | -€43,092 | -96.4% |
| Remuneration, social security and pensions | 62 | €782 | - | -€782 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,799 | €6,799 | = | 0.0% |
| Other operating charges | 640/8 | €3,026 | - | -€3,026 | |
| Gross operating margin | 9900 | -€162 | -€749 | -€587 | -362% |
| Operating profit (loss) | 9901 | -€10,769 | -€7,548 | +€3,221 | +29.9% |
| Financial charges | 65/66B | €97 | - | -€97 | |
| Recurring financial charges | 65 | €97 | - | -€97 | |
| Profit (loss) for the period before taxes | 9903 | -€10,866 | -€7,548 | +€3,318 | +30.5% |
| Profit (loss) for the period | 9904 | -€10,866 | -€7,548 | +€3,318 | +30.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,866 | -€7,548 | +€3,318 | +30.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.