MARCOTTY & CO: what changed
Two fiscal 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.
MARCOTTY & CO
Largest movements
- Cash +€108,108
up €108,108 (+56.2%), from €192,216 to €300,324
mainly Net result for the year (+€106,500) and Depreciation (+€99,726)
- Tangible fixed assets -€90,942
down €90,942 (-9.1%), from €1.0m to €909,815
- Receivables within one year -€39,530
down €39,530 (-30.9%), from €127,881 to €88,351
of which Trade receivables: -€39,706
- Reserves +€106,500
up €106,500 (+19.6%), from €544,325 to €650,825
- Debts after one year -€95,994
down €95,994 (-31.8%), from €301,913 to €205,919
- Other debts -€30,485
down €30,485 (-12.6%), from €242,251 to €211,766
- Taxes +€13,563
up €13,563 (+33.6%), from €40,409 to €53,972
- Depreciation +€13,520
up €13,520 (+15.7%), from €86,206 to €99,726
- Staff costs -€13,055
down €13,055 (-47.4%), from €27,517 to €14,462
- Gross operating margin +€9,731
up €9,731 (+3.2%), from €307,965 to €317,697
- Other operating charges -€5,245
down €5,245 (-23.6%), from €22,222 to €16,977
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 | €1,324,191 | €1,302,405 | -€21,786 | -1.6% |
| Fixed assets | 21/28 | €1,000,757 | €909,815 | -€90,942 | -9.1% |
| Tangible fixed assets | 22/27 | €1,000,757 | €909,815 | -€90,942 | -9.1% |
| Land and buildings | 22 | €649,911 | €606,404 | -€43,508 | -6.7% |
| Plant, machinery and equipment | 23 | €2,486 | €5,265 | +€2,779 | +111.8% |
| Furniture and vehicles | 24 | €111,715 | €82,368 | -€29,347 | -26.3% |
| Other tangible fixed assets | 26 | €236,645 | €215,779 | -€20,865 | -8.8% |
| Current assets | 29/58 | €323,434 | €392,590 | +€69,156 | +21.4% |
| Amounts receivable within one year | 40/41 | €127,881 | €88,351 | -€39,530 | -30.9% |
| Trade receivables | 40 | €127,871 | €88,166 | -€39,706 | -31.1% |
| Other amounts receivable | 41 | €10 | €185 | +€175 | +1767.6% |
| Cash at bank and in hand | 54/58 | €192,216 | €300,324 | +€108,108 | +56.2% |
| Deferred charges and accrued income | 490/1 | €3,336 | €3,914 | +€578 | +17.3% |
| Total equity and liabilities | 10/49 | €1,324,191 | €1,302,405 | -€21,786 | -1.6% |
| Equity | 10/15 | €633,021 | €739,522 | +€106,500 | +16.8% |
| Contributions | 10/11 | €88,357 | €88,357 | = | 0.0% |
| Reserves | 13 | €544,325 | €650,825 | +€106,500 | +19.6% |
| Distributable reserves | 133 | €544,325 | €650,825 | +€106,500 | +19.6% |
| Profit (loss) carried forward | 14 | €339 | €339 | = | 0.0% |
| Amounts payable | 17/49 | €691,170 | €562,883 | -€128,287 | -18.6% |
| Amounts payable after more than one year | 17 | €301,913 | €205,919 | -€95,994 | -31.8% |
| Financial debts | 170/4 | €301,913 | €205,919 | -€95,994 | -31.8% |
| Amounts payable within one year | 42/48 | €388,857 | €356,464 | -€32,393 | -8.3% |
| Financial debts | 43 | €94,210 | €95,994 | +€1,784 | +1.9% |
| Credit institutions | 430/8 | €94,210 | €95,994 | +€1,784 | +1.9% |
| Trade debts | 44 | €7,247 | €3,632 | -€3,615 | -49.9% |
| Suppliers | 440/4 | €7,247 | €3,632 | -€3,615 | -49.9% |
| Taxes, remuneration and social security | 45 | €45,149 | €45,073 | -€76 | -0.2% |
| Taxes | 450/3 | €40,772 | €43,812 | +€3,040 | +7.5% |
| Remuneration and social security | 454/9 | €4,377 | €1,260 | -€3,116 | -71.2% |
| Other amounts payable | 47/48 | €242,251 | €211,766 | -€30,485 | -12.6% |
| Accrued charges and deferred income | 492/3 | €400 | €500 | +€100 | +25.0% |
| Turnover | 70 | €0 | - | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €27,517 | €14,462 | -€13,055 | -47.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €86,206 | €99,726 | +€13,520 | +15.7% |
| Other operating charges | 640/8 | €22,222 | €16,977 | -€5,245 | -23.6% |
| Gross operating margin | 9900 | €307,965 | €317,697 | +€9,731 | +3.2% |
| Operating profit (loss) | 9901 | €172,020 | €186,532 | +€14,512 | +8.4% |
| Financial income | 75/76B | €24 | - | -€24 | |
| Recurring financial income | 75 | €24 | - | -€24 | |
| Financial charges | 65/66B | €27,969 | €26,060 | -€1,910 | -6.8% |
| Recurring financial charges | 65 | €27,969 | €26,020 | -€1,950 | -7.0% |
| Non-recurring financial charges | 66B | - | €40 | +€40 | |
| Profit (loss) for the period before taxes | 9903 | €144,074 | €160,472 | +€16,398 | +11.4% |
| Income taxes | 67/77 | €40,409 | €53,972 | +€13,563 | +33.6% |
| Profit (loss) for the period | 9904 | €103,665 | €106,500 | +€2,836 | +2.7% |
| Profit (loss) for the period to be appropriated | 9905 | €103,665 | €106,500 | +€2,836 | +2.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.