MARCIANA: 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.
MARCIANA
Largest movements
- Receivables within one year +€11,441
up €11,441 (+4,598%), from €249 to €11,690
of which Other amounts receivable: +€10,966
- Tangible fixed assets -€1,251
down €1,251 (-39.3%), from €3,185 to €1,934
of which Furniture and vehicles: -€881
- Stocks and contracts +€965
up €965 (+14.8%), from €6,535 to €7,500
- Profit (loss) carried forward +€12,695
up €12,695 (+93.6%), from -€13,565 to -€870
- Debts after one year -€5,421
no longer reported in 2025 (was €5,421)
- Tax, wage and social debts +€5,106
up €5,106 (+24.6%), from €20,767 to €25,873
- Trade debts -€1,517
down €1,517 (-67.8%), from €2,237 to €721
- Current portion of long-term debt +€508
up €508 (+8.4%), from €6,065 to €6,573
- Turnover +€26,446
up €26,446 (+30.8%), from €85,811 to €112,257
- Purchases and services +€10,563
up €10,563 (+10.7%), from €99,184 to €109,747
- Gross operating margin +€6,801
up €6,801 (+47.7%), from €14,244 to €21,045
- Taxes -€3,372
no longer reported in 2025 (was €3,372)
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 | €31,233 | €42,604 | +€11,371 | +36.4% |
| Fixed assets | 21/28 | €13,905 | €12,654 | -€1,251 | -9.0% |
| Tangible fixed assets | 22/27 | €3,185 | €1,934 | -€1,251 | -39.3% |
| Plant, machinery and equipment | 23 | €1,110 | €740 | -€370 | -33.3% |
| Furniture and vehicles | 24 | €2,075 | €1,194 | -€881 | -42.4% |
| Financial fixed assets | 28 | €10,720 | €10,720 | = | 0.0% |
| Current assets | 29/58 | €17,328 | €29,950 | +€12,622 | +72.8% |
| Stocks and contracts in progress | 3 | €6,535 | €7,500 | +€965 | +14.8% |
| Stocks | 30/36 | €6,535 | €7,500 | +€965 | +14.8% |
| Amounts receivable within one year | 40/41 | €249 | €11,690 | +€11,441 | +4,598% |
| Trade receivables | 40 | - | €475 | +€475 | |
| Other amounts receivable | 41 | €249 | €11,215 | +€10,966 | +4,407% |
| Cash at bank and in hand | 54/58 | €10,545 | €10,760 | +€216 | +2.0% |
| Total equity and liabilities | 10/49 | €31,233 | €42,604 | +€11,371 | +36.4% |
| Equity | 10/15 | -€3,258 | €9,437 | +€12,695 | |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Reserves | 13 | €10,306 | €10,306 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,306 | €10,306 | = | 0.0% |
| Reserves not available under the articles | 1311 | €10,306 | €10,306 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,565 | -€870 | +€12,695 | +93.6% |
| Amounts payable | 17/49 | €34,491 | €33,167 | -€1,324 | -3.8% |
| Amounts payable after more than one year | 17 | €5,421 | - | -€5,421 | |
| Financial debts | 170/4 | €5,421 | - | -€5,421 | |
| Amounts payable within one year | 42/48 | €29,070 | €33,167 | +€4,097 | +14.1% |
| Current portion of amounts payable after more than one year | 42 | €6,065 | €6,573 | +€508 | +8.4% |
| Trade debts | 44 | €2,237 | €721 | -€1,517 | -67.8% |
| Suppliers | 440/4 | €2,237 | €721 | -€1,517 | -67.8% |
| Taxes, remuneration and social security | 45 | €20,767 | €25,873 | +€5,106 | +24.6% |
| Taxes | 450/3 | €20,767 | €25,873 | +€5,106 | +24.6% |
| Turnover | 70 | €85,811 | €112,257 | +€26,446 | +30.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €99,184 | €109,747 | +€10,563 | +10.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €937 | €1,251 | +€313 | +33.4% |
| Other operating charges | 640/8 | €6,296 | €5,784 | -€512 | -8.1% |
| Gross operating margin | 9900 | €14,244 | €21,045 | +€6,801 | +47.7% |
| Operating profit (loss) | 9901 | €7,010 | €14,010 | +€7,000 | +99.8% |
| Financial charges | 65/66B | €1,591 | €1,315 | -€276 | -17.4% |
| Recurring financial charges | 65 | €1,591 | €1,315 | -€276 | -17.4% |
| Profit (loss) for the period before taxes | 9903 | €5,419 | €12,695 | +€7,276 | +134% |
| Income taxes | 67/77 | €3,372 | - | -€3,372 | |
| Profit (loss) for the period | 9904 | €2,047 | €12,695 | +€10,648 | +520% |
| Profit (loss) for the period to be appropriated | 9905 | €2,047 | €12,695 | +€10,648 | +520% |
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 19 October 2026 via checked.be.