MARECHAL et Fils: 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.
MARECHAL et Fils
Largest movements
- Tangible fixed assets +€20,689
up €20,689, from €0 to €20,689
of which Furniture and vehicles: +€17,939
- Receivables within one year +€3,023
up €3,023 (+802%), from €377 to €3,400
of which Other amounts receivable: +€2,651
- Cash -€576
down €576 (-27.5%), from €2,098 to €1,522
mainly Investment in fixed assets (net) (-€26,900) and Net result for the year (-€6,989)
- Other debts +€21,100
up €21,100 (+39.3%), from €53,733 to €74,833
- Trade debts +€9,025
new in 2024: €9,025
- Profit (loss) carried forward -€6,989
down €6,989 (-9.9%), from -€70,891 to -€77,880
- Turnover +€19,858
new in 2024: €19,858
- Gross operating margin +€6,922
up €6,922 (+94.8%), from -€7,305 to -€383
- Purchases and services +€5,725
up €5,725 (+39.4%), from €14,516 to €20,241
- Depreciation +€4,611
up €4,611 (+288%), from €1,600 to €6,211
- Staff costs -€276
no longer reported in 2024 (was €276)
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,475 | €25,611 | +€23,136 | +935% |
| Fixed assets | 21/28 | €0 | €20,689 | +€20,689 | |
| Tangible fixed assets | 22/27 | €0 | €20,689 | +€20,689 | |
| Plant, machinery and equipment | 23 | - | €2,750 | +€2,750 | |
| Furniture and vehicles | 24 | €0 | €17,939 | +€17,939 | |
| Current assets | 29/58 | €2,475 | €4,922 | +€2,447 | +98.9% |
| Amounts receivable within one year | 40/41 | €377 | €3,400 | +€3,023 | +802% |
| Trade receivables | 40 | - | €372 | +€372 | |
| Other amounts receivable | 41 | €377 | €3,028 | +€2,651 | +703% |
| Cash at bank and in hand | 54/58 | €2,098 | €1,522 | -€576 | -27.5% |
| Total equity and liabilities | 10/49 | €2,475 | €25,611 | +€23,136 | +935% |
| Equity | 10/15 | -€51,258 | -€58,247 | -€6,989 | -13.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | €18,592 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,041 | €1,041 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,041 | €1,041 | = | 0.0% |
| Legal reserve | 130 | €1,041 | €1,041 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€70,891 | -€77,880 | -€6,989 | -9.9% |
| Amounts payable | 17/49 | €53,733 | €83,858 | +€30,125 | +56.1% |
| Amounts payable within one year | 42/48 | €53,733 | €83,858 | +€30,125 | +56.1% |
| Trade debts | 44 | - | €9,025 | +€9,025 | |
| Suppliers | 440/4 | - | €9,025 | +€9,025 | |
| Other amounts payable | 47/48 | €53,733 | €74,833 | +€21,100 | +39.3% |
| Turnover | 70 | - | €19,858 | +€19,858 | |
| Goods, raw materials, services and sundry goods | 60/61 | €14,516 | €20,241 | +€5,725 | +39.4% |
| Remuneration, social security and pensions | 62 | €276 | - | -€276 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,600 | €6,211 | +€4,611 | +288% |
| Other operating charges | 640/8 | €196 | €222 | +€26 | +13.3% |
| Gross operating margin | 9900 | -€7,305 | -€383 | +€6,922 | +94.8% |
| Operating profit (loss) | 9901 | -€9,377 | -€6,816 | +€2,561 | +27.3% |
| Financial charges | 65/66B | €220 | €173 | -€47 | -21.4% |
| Recurring financial charges | 65 | €220 | €173 | -€47 | -21.4% |
| Profit (loss) for the period before taxes | 9903 | -€9,597 | -€6,989 | +€2,608 | +27.2% |
| Profit (loss) for the period | 9904 | -€9,597 | -€6,989 | +€2,608 | +27.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,597 | -€6,989 | +€2,608 | +27.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.