MARECHAL CABLING: 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.
MARECHAL CABLING
Largest movements
- Cash +€14,563
up €14,563, from €0 to €14,563
mainly Net result for the year (+€13,351) and Receivables within one year (+€7,869)
- Receivables within one year -€7,869
down €7,869 (-36.0%), from €21,876 to €14,008
of which Trade receivables: -€8,223
- Tangible fixed assets -€2,937
down €2,937 (-43.1%), from €6,817 to €3,880
of which Furniture and vehicles: -€2,500
- Deferred charges and accrued income -€443
down €443 (-27.9%), from €1,587 to €1,144
- Profit (loss) carried forward +€13,351
up €13,351, from -€8,173 to €5,178
- Short-term financial debts -€3,862
down €3,862 (-100.0%), from €3,862 to €0
- Trade debts -€3,708
down €3,708 (-46.2%), from €8,028 to €4,321
- Tax, wage and social debts -€2,136
down €2,136 (-53.4%), from €4,002 to €1,866
of which Remuneration and social security: -€3,136
- Staff costs -€21,719
down €21,719, from €20,153 to -€1,566
- Gross operating margin +€6,441
up €6,441 (+66.7%), from €9,653 to €16,095
- Taxes -€3,492
down €3,492 (-100.0%), from €3,492 to €0
- Other operating charges -€189
down €189 (-15.3%), from €1,235 to €1,046
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 | €30,280 | €33,595 | +€3,315 | +10.9% |
| Fixed assets | 21/28 | €6,817 | €3,880 | -€2,937 | -43.1% |
| Tangible fixed assets | 22/27 | €6,817 | €3,880 | -€2,937 | -43.1% |
| Plant, machinery and equipment | 23 | €1,207 | €770 | -€437 | -36.2% |
| Furniture and vehicles | 24 | €5,610 | €3,110 | -€2,500 | -44.6% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €23,464 | €29,715 | +€6,251 | +26.6% |
| Amounts receivable within one year | 40/41 | €21,876 | €14,008 | -€7,869 | -36.0% |
| Trade receivables | 40 | €19,438 | €11,215 | -€8,223 | -42.3% |
| Other amounts receivable | 41 | €2,439 | €2,793 | +€354 | +14.5% |
| Cash at bank and in hand | 54/58 | €0 | €14,563 | +€14,563 | |
| Deferred charges and accrued income | 490/1 | €1,587 | €1,144 | -€443 | -27.9% |
| Total equity and liabilities | 10/49 | €30,280 | €33,595 | +€3,315 | +10.9% |
| Equity | 10/15 | -€6,173 | €7,178 | +€13,351 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,173 | €5,178 | +€13,351 | |
| Amounts payable | 17/49 | €36,453 | €26,417 | -€10,036 | -27.5% |
| Amounts payable within one year | 42/48 | €36,453 | €26,417 | -€10,036 | -27.5% |
| Financial debts | 43 | €3,862 | €0 | -€3,862 | -100.0% |
| Credit institutions | 430/8 | €3,862 | €0 | -€3,862 | -100.0% |
| Trade debts | 44 | €8,028 | €4,321 | -€3,708 | -46.2% |
| Suppliers | 440/4 | €8,028 | €4,321 | -€3,708 | -46.2% |
| Taxes, remuneration and social security | 45 | €4,002 | €1,866 | -€2,136 | -53.4% |
| Taxes | 450/3 | €800 | €1,800 | +€1,000 | +125.0% |
| Remuneration and social security | 454/9 | €3,202 | €66 | -€3,136 | -97.9% |
| Other amounts payable | 47/48 | €20,561 | €20,230 | -€331 | -1.6% |
| Remuneration, social security and pensions | 62 | €20,153 | -€1,566 | -€21,719 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,937 | €2,937 | = | 0.0% |
| Other operating charges | 640/8 | €1,235 | €1,046 | -€189 | -15.3% |
| Gross operating margin | 9900 | €9,653 | €16,095 | +€6,441 | +66.7% |
| Operating profit (loss) | 9901 | -€14,672 | €13,677 | +€28,349 | |
| Financial income | 75/76B | €2 | €4 | +€2 | +83.3% |
| Recurring financial income | 75 | €2 | €4 | +€2 | +83.3% |
| Financial charges | 65/66B | €302 | €330 | +€28 | +9.4% |
| Recurring financial charges | 65 | €302 | €330 | +€28 | +9.4% |
| Profit (loss) for the period before taxes | 9903 | -€14,972 | €13,351 | +€28,323 | |
| Income taxes | 67/77 | €3,492 | €0 | -€3,492 | -100.0% |
| Profit (loss) for the period | 9904 | -€18,464 | €13,351 | +€31,815 | |
| Profit (loss) for the period to be appropriated | 9905 | -€18,464 | €13,351 | +€31,815 |
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 1 October 2026 via checked.be.