MARECHAL VERZEKERINGEN: 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 VERZEKERINGEN
Largest movements
- Receivables within one year -€49,897
down €49,897 (-12.2%), from €410,466 to €360,569
of which Other amounts receivable: -€49,897
- Tangible fixed assets -€9,753
down €9,753 (-27.3%), from €35,718 to €25,965
of which Furniture and vehicles: -€7,571
- Debts after one year -€46,133
down €46,133 (-34.1%), from €135,216 to €89,083
- Other debts -€28,000
down €28,000 (-46.7%), from €60,000 to €32,000
- Tax, wage and social debts +€7,857
up €7,857 (+37.2%), from €21,097 to €28,954
of which Taxes: +€8,467
- Gross operating margin -€66,535
down €66,535 (-48.0%), from €138,505 to €71,970
- Taxes -€11,033
down €11,033 (-55.2%), from €19,987 to €8,954
- Depreciation -€7,201
down €7,201 (-35.0%), from €20,568 to €13,367
- Staff costs -€6,438
down €6,438 (-39.7%), from €16,200 to €9,762
- Financial income +€1,585
up €1,585 (+23.4%), from €6,771 to €8,356
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 | €472,468 | €408,867 | -€63,601 | -13.5% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €54,809 | €41,442 | -€13,367 | -24.4% |
| Intangible fixed assets | 21 | €19,091 | €15,477 | -€3,614 | -18.9% |
| Tangible fixed assets | 22/27 | €35,718 | €25,965 | -€9,753 | -27.3% |
| Land and buildings | 22 | €12,732 | €10,550 | -€2,182 | -17.1% |
| Furniture and vehicles | 24 | €22,987 | €15,415 | -€7,571 | -32.9% |
| Current assets | 29/58 | €417,659 | €367,425 | -€50,234 | -12.0% |
| Amounts receivable within one year | 40/41 | €410,466 | €360,569 | -€49,897 | -12.2% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €410,466 | €360,569 | -€49,897 | -12.2% |
| Cash at bank and in hand | 54/58 | €2,193 | €1,856 | -€337 | -15.4% |
| Deferred charges and accrued income | 490/1 | €5,000 | €5,000 | = | 0.0% |
| Total equity and liabilities | 10/49 | €472,468 | €408,867 | -€63,601 | -13.5% |
| Equity | 10/15 | €128,551 | €130,872 | +€2,321 | +1.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €66,551 | €68,872 | +€2,321 | +3.5% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €60,351 | €62,672 | +€2,321 | +3.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €343,917 | €277,995 | -€65,922 | -19.2% |
| Amounts payable after more than one year | 17 | €135,216 | €89,083 | -€46,133 | -34.1% |
| Financial debts | 170/4 | €135,216 | €89,083 | -€46,133 | -34.1% |
| Amounts payable within one year | 42/48 | €208,701 | €188,451 | -€20,250 | -9.7% |
| Current portion of amounts payable after more than one year | 42 | €45,398 | €49,393 | +€3,995 | +8.8% |
| Financial debts | 43 | €49,875 | €48,291 | -€1,584 | -3.2% |
| Credit institutions | 430/8 | €49,875 | €48,291 | -€1,584 | -3.2% |
| Trade debts | 44 | €32,331 | €29,812 | -€2,519 | -7.8% |
| Suppliers | 440/4 | €32,331 | €29,812 | -€2,519 | -7.8% |
| Taxes, remuneration and social security | 45 | €21,097 | €28,954 | +€7,857 | +37.2% |
| Taxes | 450/3 | €20,487 | €28,954 | +€8,467 | +41.3% |
| Remuneration and social security | 454/9 | €610 | €0 | -€610 | -100% |
| Other amounts payable | 47/48 | €60,000 | €32,000 | -€28,000 | -46.7% |
| Accrued charges and deferred income | 492/3 | - | €460 | +€460 | |
| Non-recurring operating income | 76A | €1,049 | €0 | -€1,049 | -100% |
| Remuneration, social security and pensions | 62 | €16,200 | €9,762 | -€6,438 | -39.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,568 | €13,367 | -€7,201 | -35.0% |
| Other operating charges | 640/8 | €3,610 | €2,147 | -€1,463 | -40.5% |
| Gross operating margin | 9900 | €138,505 | €71,970 | -€66,535 | -48.0% |
| Operating profit (loss) | 9901 | €98,127 | €46,694 | -€51,433 | -52.4% |
| Financial income | 75/76B | €6,771 | €8,356 | +€1,585 | +23.4% |
| Recurring financial income | 75 | €6,771 | €8,356 | +€1,585 | +23.4% |
| Financial charges | 65/66B | €12,481 | €11,774 | -€706 | -5.7% |
| Recurring financial charges | 65 | €12,481 | €11,774 | -€706 | -5.7% |
| Profit (loss) for the period before taxes | 9903 | €92,418 | €43,276 | -€49,142 | -53.2% |
| Income taxes | 67/77 | €19,987 | €8,954 | -€11,033 | -55.2% |
| Profit (loss) for the period | 9904 | €72,430 | €34,321 | -€38,109 | -52.6% |
| Profit (loss) for the period to be appropriated | 9905 | €72,430 | €34,321 | -€38,109 | -52.6% |
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 25 October 2026 via checked.be.