MARECHAL SRL: 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 SRL
Largest movements
- Tangible fixed assets +€41,395
up €41,395 (+129%), from €32,032 to €73,427
of which Furniture and vehicles: +€46,696
- Cash -€34,547
down €34,547 (-55.4%), from €62,411 to €27,864
mainly Investment in fixed assets (net) (-€58,000) and Net result for the year (-€3,597)
- Receivables within one year -€8,939
down €8,939 (-72.3%), from €12,364 to €3,425
of which Other amounts receivable: -€8,851
- Stocks and contracts -€1,506
down €1,506 (-17.8%), from €8,475 to €6,969
- Profit (loss) carried forward -€3,597
down €3,597 (-3.8%), from €94,543 to €90,946
- Gross operating margin +€19,386
up €19,386, from -€4,414 to €14,972
- Depreciation +€1,439
up €1,439 (+9.5%), from €15,166 to €16,605
- Staff costs -€566
down €566 (-41.2%), from €1,375 to €809
- Other operating charges -€482
down €482 (-32.8%), from €1,468 to €986
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 | €115,282 | €111,685 | -€3,597 | -3.1% |
| Fixed assets | 21/28 | €32,032 | €73,427 | +€41,395 | +129% |
| Tangible fixed assets | 22/27 | €32,032 | €73,427 | +€41,395 | +129% |
| Land and buildings | 22 | €2,258 | €1,694 | -€564 | -25.0% |
| Furniture and vehicles | 24 | €5,297 | €51,993 | +€46,696 | +882% |
| Other tangible fixed assets | 26 | €24,477 | €19,740 | -€4,737 | -19.4% |
| Current assets | 29/58 | €83,250 | €38,258 | -€44,992 | -54.0% |
| Stocks and contracts in progress | 3 | €8,475 | €6,969 | -€1,506 | -17.8% |
| Stocks | 30/36 | €8,475 | €6,969 | -€1,506 | -17.8% |
| Amounts receivable within one year | 40/41 | €12,364 | €3,425 | -€8,939 | -72.3% |
| Trade receivables | 40 | €88 | - | -€88 | |
| Other amounts receivable | 41 | €12,276 | €3,425 | -€8,851 | -72.1% |
| Cash at bank and in hand | 54/58 | €62,411 | €27,864 | -€34,547 | -55.4% |
| Total equity and liabilities | 10/49 | €115,282 | €111,685 | -€3,597 | -3.1% |
| Equity | 10/15 | €114,994 | €111,397 | -€3,597 | -3.1% |
| Contributions | 10/11 | €20,451 | €20,451 | = | 0.0% |
| Profit (loss) carried forward | 14 | €94,543 | €90,946 | -€3,597 | -3.8% |
| Amounts payable | 17/49 | €288 | €288 | = | 0.0% |
| Amounts payable within one year | 42/48 | €288 | €288 | = | 0.0% |
| Other amounts payable | 47/48 | €288 | €288 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €1,375 | €809 | -€566 | -41.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,166 | €16,605 | +€1,439 | +9.5% |
| Other operating charges | 640/8 | €1,468 | €986 | -€482 | -32.8% |
| Gross operating margin | 9900 | -€4,414 | €14,972 | +€19,386 | |
| Operating profit (loss) | 9901 | -€22,423 | -€3,428 | +€18,995 | +84.7% |
| Financial income | 75/76B | €26 | - | -€26 | |
| Recurring financial income | 75 | €26 | - | -€26 | |
| Financial charges | 65/66B | €180 | €98 | -€82 | -45.6% |
| Recurring financial charges | 65 | €82 | €98 | +€16 | +19.5% |
| Non-recurring financial charges | 66B | €98 | - | -€98 | |
| Profit (loss) for the period before taxes | 9903 | -€22,577 | -€3,526 | +€19,051 | +84.4% |
| Income taxes | 67/77 | €124 | €71 | -€53 | -42.7% |
| Profit (loss) for the period | 9904 | -€22,701 | -€3,597 | +€19,104 | +84.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€22,701 | -€3,597 | +€19,104 | +84.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.