MARCLOS: 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.
MARCLOS
Largest movements
- Cash +€207,593
up €207,593 (+60.0%), from €346,084 to €553,678
mainly Net result for the year (+€701,266) and Tax, wage and social debts (+€191,213)
- Deferred charges and accrued income +€100,606
up €100,606 (+225.0%), from €44,705 to €145,311
- Reserves +€701,266
up €701,266 (+138.5%), from €506,311 to €1.2m
of which Distributable reserves: +€701,266
- Debts after one year -€467,675
down €467,675 (-90.3%), from €517,983 to €50,307
- Tax, wage and social debts +€191,213
up €191,213 (+222.1%), from €86,083 to €277,296
of which Taxes: +€139,269
- Trade debts -€90,158
down €90,158 (-23.5%), from €383,906 to €293,748
- Gross operating margin +€733,893
up €733,893 (+106.4%), from €689,704 to €1.4m
- Taxes +€340,261
up €340,261, from €0 to €340,261
- Staff costs +€54,357
up €54,357 (+43.4%), from €125,139 to €179,496
- Financial charges +€50,016
up €50,016 (+599.1%), from €8,349 to €58,365
- Depreciation +€41,677
up €41,677 (+42.5%), from €98,153 to €139,831
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 | €2,063,021 | €2,389,596 | +€326,575 | +15.8% |
| Fixed assets | 21/28 | €1,302,004 | €1,320,374 | +€18,370 | +1.4% |
| Intangible fixed assets | 21 | €20,300 | €19,575 | -€725 | -3.6% |
| Tangible fixed assets | 22/27 | €1,236,452 | €1,255,547 | +€19,095 | +1.5% |
| Land and buildings | 22 | €675,850 | €630,768 | -€45,082 | -6.7% |
| Plant, machinery and equipment | 23 | €387,679 | €404,043 | +€16,364 | +4.2% |
| Furniture and vehicles | 24 | €29,756 | €96,677 | +€66,922 | +224.9% |
| Other tangible fixed assets | 26 | €143,168 | €124,059 | -€19,109 | -13.3% |
| Financial fixed assets | 28 | €45,251 | €45,251 | = | 0.0% |
| Current assets | 29/58 | €761,017 | €1,069,223 | +€308,205 | +40.5% |
| Amounts receivable after more than one year | 29 | €180,000 | €180,000 | = | 0.0% |
| Other amounts receivable | 291 | €180,000 | €180,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €190,228 | €190,235 | +€6 | 0.0% |
| Trade receivables | 40 | €190,228 | €190,228 | = | 0.0% |
| Other amounts receivable | 41 | - | €6 | +€6 | |
| Cash at bank and in hand | 54/58 | €346,084 | €553,678 | +€207,593 | +60.0% |
| Deferred charges and accrued income | 490/1 | €44,705 | €145,311 | +€100,606 | +225.0% |
| Total equity and liabilities | 10/49 | €2,063,021 | €2,389,596 | +€326,575 | +15.8% |
| Equity | 10/15 | €970,946 | €1,655,354 | +€684,408 | +70.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €506,311 | €1,207,577 | +€701,266 | +138.5% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €504,456 | €1,205,722 | +€701,266 | +139.0% |
| Profit (loss) carried forward | 14 | €452,235 | €435,377 | -€16,858 | -3.7% |
| Amounts payable | 17/49 | €1,092,075 | €734,242 | -€357,833 | -32.8% |
| Amounts payable after more than one year | 17 | €517,983 | €50,307 | -€467,675 | -90.3% |
| Financial debts | 170/4 | €517,983 | €50,307 | -€467,675 | -90.3% |
| Amounts payable within one year | 42/48 | €574,093 | €683,935 | +€109,842 | +19.1% |
| Current portion of amounts payable after more than one year | 42 | €27,471 | €24,045 | -€3,426 | -12.5% |
| Financial debts | 43 | €1,480 | €3,376 | +€1,896 | +128.1% |
| Credit institutions | 430/8 | €1,480 | €3,376 | +€1,896 | +128.1% |
| Trade debts | 44 | €383,906 | €293,748 | -€90,158 | -23.5% |
| Suppliers | 440/4 | €383,906 | €293,748 | -€90,158 | -23.5% |
| Taxes, remuneration and social security | 45 | €86,083 | €277,296 | +€191,213 | +222.1% |
| Taxes | 450/3 | €7,128 | €146,398 | +€139,269 | +1953.8% |
| Remuneration and social security | 454/9 | €78,955 | €130,899 | +€51,944 | +65.8% |
| Other amounts payable | 47/48 | €75,153 | €85,470 | +€10,317 | +13.7% |
| Accrued charges and deferred income | 492/3 | €0 | €0 | = | |
| Remuneration, social security and pensions | 62 | €125,139 | €179,496 | +€54,357 | +43.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €98,153 | €139,831 | +€41,677 | +42.5% |
| Other operating charges | 640/8 | €5,835 | €5,156 | -€679 | -11.6% |
| Gross operating margin | 9900 | €689,704 | €1,423,597 | +€733,893 | +106.4% |
| Operating profit (loss) | 9901 | €460,576 | €1,099,115 | +€638,538 | +138.6% |
| Financial income | 75/76B | €8 | €778 | +€770 | +10054.7% |
| Recurring financial income | 75 | €8 | €778 | +€770 | +10054.7% |
| Financial charges | 65/66B | €8,349 | €58,365 | +€50,016 | +599.1% |
| Recurring financial charges | 65 | €8,349 | €58,365 | +€50,016 | +599.1% |
| Profit (loss) for the period before taxes | 9903 | €452,235 | €1,041,527 | +€589,292 | +130.3% |
| Income taxes | 67/77 | €0 | €340,261 | +€340,261 | |
| Profit (loss) for the period | 9904 | €452,235 | €701,266 | +€249,031 | +55.1% |
| Profit (loss) for the period to be appropriated | 9905 | €452,235 | €701,266 | +€249,031 | +55.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.