MARCOS GROUP: 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.
MARCOS GROUP
Largest movements
- Cash +€80,324
up €80,324 (+100.0%), from €80,333 to €160,657
mainly Net result for the year (+€87,000) and Tax, wage and social debts (+€9,711)
- Tangible fixed assets +€14,620
up €14,620 (+280%), from €5,228 to €19,848
of which Furniture and vehicles: +€15,111
- Receivables within one year +€7,219
up €7,219 (+27.1%), from €26,646 to €33,865
of which Other amounts receivable: +€10,969
- Deferred charges and accrued income -€2,937
down €2,937 (-9.4%), from €31,389 to €28,452
- Reserves +€87,000
up €87,000 (+83.0%), from €104,851 to €191,852
- Tax, wage and social debts +€9,711
up €9,711 (+235%), from €4,134 to €13,845
- Trade debts +€3,962
up €3,962 (+89.2%), from €4,440 to €8,401
- Gross operating margin +€65,200
up €65,200 (+115%), from €56,730 to €121,930
- Taxes +€13,156
up €13,156 (+99.7%), from €13,190 to €26,345
- Financial income -€11,714
down €11,714 (-98.3%), from €11,918 to €204
of which Non-recurring financial income: -€11,523
- Financial charges +€1,513
up €1,513 (+56.2%), from €2,691 to €4,205
of which Non-recurring financial charges: +€2,075
- Depreciation +€1,262
up €1,262 (+67.0%), from €1,883 to €3,145
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 | €143,595 | €242,821 | +€99,226 | +69.1% |
| Fixed assets | 21/28 | €5,228 | €19,848 | +€14,620 | +280% |
| Tangible fixed assets | 22/27 | €5,228 | €19,848 | +€14,620 | +280% |
| Plant, machinery and equipment | 23 | €1,964 | €1,473 | -€491 | -25.0% |
| Furniture and vehicles | 24 | €3,264 | €18,375 | +€15,111 | +463% |
| Current assets | 29/58 | €138,367 | €222,974 | +€84,606 | +61.1% |
| Amounts receivable within one year | 40/41 | €26,646 | €33,865 | +€7,219 | +27.1% |
| Trade receivables | 40 | €24,250 | €20,500 | -€3,750 | -15.5% |
| Other amounts receivable | 41 | €2,396 | €13,365 | +€10,969 | +458% |
| Cash at bank and in hand | 54/58 | €80,333 | €160,657 | +€80,324 | +100.0% |
| Deferred charges and accrued income | 490/1 | €31,389 | €28,452 | -€2,937 | -9.4% |
| Total equity and liabilities | 10/49 | €143,595 | €242,821 | +€99,226 | +69.1% |
| Equity | 10/15 | €123,451 | €210,452 | +€87,000 | +70.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €104,851 | €191,852 | +€87,000 | +83.0% |
| Distributable reserves | 133 | €104,851 | €191,852 | +€87,000 | +83.0% |
| Amounts payable | 17/49 | €20,144 | €32,370 | +€12,226 | +60.7% |
| Amounts payable within one year | 42/48 | €20,144 | €32,370 | +€12,226 | +60.7% |
| Trade debts | 44 | €4,440 | €8,401 | +€3,962 | +89.2% |
| Suppliers | 440/4 | €4,440 | €8,401 | +€3,962 | +89.2% |
| Taxes, remuneration and social security | 45 | €4,134 | €13,845 | +€9,711 | +235% |
| Taxes | 450/3 | €4,134 | €13,845 | +€9,711 | +235% |
| Other amounts payable | 47/48 | €11,570 | €10,123 | -€1,448 | -12.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,883 | €3,145 | +€1,262 | +67.0% |
| Other operating charges | 640/8 | €1,366 | €1,439 | +€74 | +5.4% |
| Gross operating margin | 9900 | €56,730 | €121,930 | +€65,200 | +115% |
| Operating profit (loss) | 9901 | €53,481 | €117,346 | +€63,865 | +119% |
| Financial income | 75/76B | €11,918 | €204 | -€11,714 | -98.3% |
| Recurring financial income | 75 | €395 | €204 | -€191 | -48.3% |
| Non-recurring financial income | 76B | €11,523 | - | -€11,523 | |
| Financial charges | 65/66B | €2,691 | €4,205 | +€1,513 | +56.2% |
| Recurring financial charges | 65 | €2,691 | €2,129 | -€562 | -20.9% |
| Non-recurring financial charges | 66B | - | €2,075 | +€2,075 | |
| Profit (loss) for the period before taxes | 9903 | €62,708 | €113,346 | +€50,638 | +80.8% |
| Income taxes | 67/77 | €13,190 | €26,345 | +€13,156 | +99.7% |
| Profit (loss) for the period | 9904 | €49,518 | €87,000 | +€37,482 | +75.7% |
| Transfer from tax-exempt reserves | 789 | €18,600 | - | -€18,600 | |
| Profit (loss) for the period to be appropriated | 9905 | €68,118 | €87,000 | +€18,882 | +27.7% |
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 14 October 2026 via checked.be.