Marcinelle Services: 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.
Marcinelle Services
Largest movements
- Stocks and contracts +€3.0m
up €3.0m (+204.8%), from €1.5m to €4.5m
- Receivables within one year +€1.4m
up €1.4m (+301.4%), from €479,985 to €1.9m
- Short-term financial debts +€5.5m
up €5.5m (+238693.4%), from €2,301 to €5.5m
- Debts after one year -€614,818
down €614,818 (-36.7%), from €1.7m to €1.1m
of which Financial debts: -€707,818
- Other debts -€300,034
down €300,034 (-76.2%), from €393,653 to €93,619
- Profit (loss) carried forward -€119,609
down €119,609 (-94.7%), from -€126,311 to -€245,921
- Financial charges +€101,891
up €101,891 (+234.0%), from €43,552 to €145,443
- Financial income +€31,605
up €31,605 (+12665.9%), from €250 to €31,855
- Gross operating margin -€3,229
down €3,229 (-290.3%), from -€1,113 to -€4,342
- Purchases and services +€3,229
up €3,229 (+290.3%), from €1,113 to €4,342
- Other operating charges +€317
up €317 (+25.7%), from €1,234 to €1,551
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.
Cash bridge derived
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 | €1,978,970 | €6,460,775 | +€4.5m | +226.5% |
| Formation expenses | 20 | €129 | €0 | -€129 | -100.0% |
| Fixed assets | 21/28 | - | €500 | +€500 | |
| Financial fixed assets | 28 | - | €500 | +€500 | |
| Current assets | 29/58 | €1,978,842 | €6,460,275 | +€4.5m | +226.5% |
| Stocks and contracts in progress | 3 | €1,474,745 | €4,495,681 | +€3.0m | +204.8% |
| Stocks | 30/36 | €1,474,745 | €4,495,681 | +€3.0m | +204.8% |
| Amounts receivable within one year | 40/41 | €479,985 | €1,926,777 | +€1.4m | +301.4% |
| Other amounts receivable | 41 | €479,985 | €1,926,777 | +€1.4m | +301.4% |
| Cash at bank and in hand | 54/58 | €23,863 | €4,824 | -€19,038 | -79.8% |
| Deferred charges and accrued income | 490/1 | €250 | €32,993 | +€32,744 | +13122.2% |
| Total equity and liabilities | 10/49 | €1,978,970 | €6,460,775 | +€4.5m | +226.5% |
| Equity | 10/15 | -€121,311 | -€240,921 | -€119,609 | -98.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€126,311 | -€245,921 | -€119,609 | -94.7% |
| Amounts payable | 17/49 | €2,100,282 | €6,701,696 | +€4.6m | +219.1% |
| Amounts payable after more than one year | 17 | €1,674,707 | €1,059,889 | -€614,818 | -36.7% |
| Financial debts | 170/4 | €707,818 | €0 | -€707,818 | -100.0% |
| Other amounts payable | 178/9 | €966,889 | €1,059,889 | +€93,000 | +9.6% |
| Amounts payable within one year | 42/48 | €399,290 | €5,613,351 | +€5.2m | +1305.8% |
| Financial debts | 43 | €2,301 | €5,494,182 | +€5.5m | +238693.4% |
| Credit institutions | 430/8 | €2,301 | €5,494,182 | +€5.5m | +238693.4% |
| Trade debts | 44 | €3,337 | €25,551 | +€22,214 | +665.7% |
| Suppliers | 440/4 | €3,337 | €25,551 | +€22,214 | +665.7% |
| Taxes, remuneration and social security | 45 | €0 | €0 | = | |
| Taxes | 450/3 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €393,653 | €93,619 | -€300,034 | -76.2% |
| Accrued charges and deferred income | 492/3 | €26,284 | €28,455 | +€2,171 | +8.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,113 | €4,342 | +€3,229 | +290.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €186 | €129 | -€57 | -30.9% |
| Other operating charges | 640/8 | €1,234 | €1,551 | +€317 | +25.7% |
| Gross operating margin | 9900 | -€1,113 | -€4,342 | -€3,229 | -290.3% |
| Operating profit (loss) | 9901 | -€2,532 | -€6,021 | -€3,489 | -137.8% |
| Financial income | 75/76B | €250 | €31,855 | +€31,605 | +12665.9% |
| Recurring financial income | 75 | €250 | €31,855 | +€31,605 | +12665.9% |
| Financial charges | 65/66B | €43,552 | €145,443 | +€101,891 | +234.0% |
| Recurring financial charges | 65 | €43,552 | €145,443 | +€101,891 | +234.0% |
| Profit (loss) for the period before taxes | 9903 | -€45,835 | -€119,609 | -€73,774 | -161.0% |
| Profit (loss) for the period | 9904 | -€45,835 | -€119,609 | -€73,774 | -161.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€45,835 | -€119,609 | -€73,774 | -161.0% |
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 11 October 2026 via checked.be.