Mardim: 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.
Mardim
Largest movements
- Cash +€107,948
up €107,948 (+313%), from €34,534 to €142,482
mainly Net result for the year (+€125,833) and Current investments (+€100,000)
- Current investments -€100,000
down €100,000 (-100%), from €100,000 to €0
- Tangible fixed assets -€7,258
down €7,258 (-34.3%), from €21,170 to €13,912
of which Furniture and vehicles: -€5,863
- Tax, wage and social debts +€9,910
up €9,910 (+83.8%), from €11,824 to €21,734
- Other debts -€9,586
down €9,586 (-7.9%), from €121,238 to €111,652
- Gross operating margin +€8,891
up €8,891 (+5.4%), from €164,908 to €173,799
- Taxes +€2,621
up €2,621 (+7.6%), from €34,700 to €37,321
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 | €156,591 | €156,902 | +€311 | +0.2% |
| Fixed assets | 21/28 | €21,170 | €13,912 | -€7,258 | -34.3% |
| Tangible fixed assets | 22/27 | €21,170 | €13,912 | -€7,258 | -34.3% |
| Plant, machinery and equipment | 23 | €1,780 | €562 | -€1,218 | -68.4% |
| Furniture and vehicles | 24 | €18,147 | €12,285 | -€5,863 | -32.3% |
| Other tangible fixed assets | 26 | €1,242 | €1,065 | -€178 | -14.3% |
| Current assets | 29/58 | €135,421 | €142,990 | +€7,569 | +5.6% |
| Current investments | 50/53 | €100,000 | €0 | -€100,000 | -100% |
| Cash at bank and in hand | 54/58 | €34,534 | €142,482 | +€107,948 | +313% |
| Deferred charges and accrued income | 490/1 | €887 | €508 | -€379 | -42.7% |
| Total equity and liabilities | 10/49 | €156,591 | €156,902 | +€311 | +0.2% |
| Equity | 10/15 | €22,000 | €22,000 | = | 0.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €134,591 | €134,902 | +€311 | +0.2% |
| Amounts payable within one year | 42/48 | €134,142 | €134,902 | +€760 | +0.6% |
| Trade debts | 44 | €1,080 | €1,516 | +€435 | +40.3% |
| Suppliers | 440/4 | €1,080 | €1,516 | +€435 | +40.3% |
| Taxes, remuneration and social security | 45 | €11,824 | €21,734 | +€9,910 | +83.8% |
| Taxes | 450/3 | €11,824 | €21,734 | +€9,910 | +83.8% |
| Other amounts payable | 47/48 | €121,238 | €111,652 | -€9,586 | -7.9% |
| Accrued charges and deferred income | 492/3 | €449 | €0 | -€449 | -100% |
| Non-recurring operating income | 76A | - | €3,500 | +€3,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,641 | €9,844 | +€203 | +2.1% |
| Other operating charges | 640/8 | €844 | €1,254 | +€411 | +48.7% |
| Gross operating margin | 9900 | €164,908 | €173,799 | +€8,891 | +5.4% |
| Operating profit (loss) | 9901 | €154,423 | €162,700 | +€8,277 | +5.4% |
| Financial income | 75/76B | €525 | €648 | +€122 | +23.3% |
| Recurring financial income | 75 | €525 | €648 | +€122 | +23.3% |
| Financial charges | 65/66B | €125 | €194 | +€70 | +56.1% |
| Recurring financial charges | 65 | €125 | €194 | +€70 | +56.1% |
| Profit (loss) for the period before taxes | 9903 | €154,823 | €163,153 | +€8,330 | +5.4% |
| Income taxes | 67/77 | €34,700 | €37,321 | +€2,621 | +7.6% |
| Profit (loss) for the period | 9904 | €120,123 | €125,833 | +€5,709 | +4.8% |
| Profit (loss) for the period to be appropriated | 9905 | €120,123 | €125,833 | +€5,709 | +4.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.