MAREL: 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.
MAREL
Largest movements
- Deferred charges and accrued income +€12,714
up €12,714 (+14.1%), from €89,898 to €102,612
- Accrued charges and deferred income +€14,395
up €14,395 (+21.2%), from €67,877 to €82,272
- Other debts +€6,900
up €6,900 (+2.2%), from €314,845 to €321,745
- Gross operating margin +€6,773
up €6,773 (+53.0%), from -€12,773 to -€6,000
- Financial income -€6,336
down €6,336 (-22.8%), from €27,739 to €21,403
- Financial charges -€1,210
down €1,210 (-6.7%), from €18,003 to €16,793
- Other operating charges -€255
down €255 (-27.1%), from €940 to €685
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.
Cash bridge derived
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 | €616,839 | €634,120 | +€17,282 | +2.8% |
| Fixed assets | 21/28 | €900 | €0 | -€900 | -100.0% |
| Financial fixed assets | 28 | €900 | €0 | -€900 | -100.0% |
| Current assets | 29/58 | €615,939 | €634,120 | +€18,182 | +3.0% |
| Amounts receivable within one year | 40/41 | €526,010 | €530,999 | +€4,989 | +0.9% |
| Other amounts receivable | 41 | €526,010 | €530,999 | +€4,989 | +0.9% |
| Cash at bank and in hand | 54/58 | €31 | €510 | +€479 | +1530.7% |
| Deferred charges and accrued income | 490/1 | €89,898 | €102,612 | +€12,714 | +14.1% |
| Total equity and liabilities | 10/49 | €616,839 | €634,120 | +€17,282 | +2.8% |
| Equity | 10/15 | €200,699 | €198,625 | -€2,075 | -1.0% |
| 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 | €138,699 | €136,625 | -€2,075 | -1.5% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €132,499 | €130,425 | -€2,075 | -1.6% |
| Amounts payable | 17/49 | €416,139 | €435,496 | +€19,356 | +4.7% |
| Amounts payable within one year | 42/48 | €348,262 | €353,223 | +€4,962 | +1.4% |
| Financial debts | 43 | €16 | €0 | -€16 | -100.0% |
| Credit institutions | 430/8 | €16 | €0 | -€16 | -100.0% |
| Trade debts | 44 | €33,401 | €31,479 | -€1,922 | -5.8% |
| Suppliers | 440/4 | €33,401 | €31,479 | -€1,922 | -5.8% |
| Other amounts payable | 47/48 | €314,845 | €321,745 | +€6,900 | +2.2% |
| Accrued charges and deferred income | 492/3 | €67,877 | €82,272 | +€14,395 | +21.2% |
| Other operating charges | 640/8 | €940 | €685 | -€255 | -27.1% |
| Gross operating margin | 9900 | -€12,773 | -€6,000 | +€6,773 | +53.0% |
| Operating profit (loss) | 9901 | -€13,713 | -€6,685 | +€7,027 | +51.2% |
| Financial income | 75/76B | €27,739 | €21,403 | -€6,336 | -22.8% |
| Recurring financial income | 75 | €27,739 | €21,403 | -€6,336 | -22.8% |
| Financial charges | 65/66B | €18,003 | €16,793 | -€1,210 | -6.7% |
| Recurring financial charges | 65 | €18,003 | €16,793 | -€1,210 | -6.7% |
| Profit (loss) for the period before taxes | 9903 | -€3,976 | -€2,075 | +€1,902 | +47.8% |
| Profit (loss) for the period | 9904 | -€3,976 | -€2,075 | +€1,902 | +47.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,976 | -€2,075 | +€1,902 | +47.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.