Marelvi: 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.
Marelvi
Largest movements
- Cash +€5,166
up €5,166 (+31.9%), from €16,204 to €21,371
mainly Net result for the year (+€7,694) and Depreciation (+€1,646)
- Profit (loss) carried forward +€7,694
up €7,694 (+7.0%), from -€110,688 to -€102,994
- Gross operating margin +€4,880
up €4,880 (+58.6%), from €8,330 to €13,209
- Depreciation +€1,181
up €1,181 (+254.5%), from €464 to €1,646
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 | €259,147 | €264,385 | +€5,239 | +2.0% |
| Fixed assets | 21/28 | €212,287 | €212,550 | +€263 | +0.1% |
| Tangible fixed assets | 22/27 | €212,287 | €212,550 | +€263 | +0.1% |
| Land and buildings | 22 | €212,287 | €212,550 | +€263 | +0.1% |
| Current assets | 29/58 | €46,860 | €51,835 | +€4,975 | +10.6% |
| Amounts receivable within one year | 40/41 | €25 | €44 | +€19 | +75.6% |
| Other amounts receivable | 41 | €25 | €44 | +€19 | +75.6% |
| Current investments | 50/53 | €30,000 | €30,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €16,204 | €21,371 | +€5,166 | +31.9% |
| Deferred charges and accrued income | 490/1 | €630 | €420 | -€210 | -33.3% |
| Total equity and liabilities | 10/49 | €259,147 | €264,385 | +€5,239 | +2.0% |
| Equity | 10/15 | €248,758 | €256,452 | +€7,694 | +3.1% |
| Contributions | 10/11 | €359,446 | €359,446 | = | 0.0% |
| Capital | 10 | €359,446 | €359,446 | = | 0.0% |
| Issued capital | 100 | €359,446 | €359,446 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€110,688 | -€102,994 | +€7,694 | +7.0% |
| Amounts payable | 17/49 | €10,389 | €7,933 | -€2,455 | -23.6% |
| Amounts payable within one year | 42/48 | €10,358 | €7,933 | -€2,425 | -23.4% |
| Financial debts | 43 | €7 | €0 | -€7 | -100.0% |
| Credit institutions | 430/8 | €7 | €0 | -€7 | -100.0% |
| Trade debts | 44 | €853 | €33 | -€820 | -96.1% |
| Suppliers | 440/4 | €853 | €33 | -€820 | -96.1% |
| Other amounts payable | 47/48 | €9,498 | €7,900 | -€1,598 | -16.8% |
| Accrued charges and deferred income | 492/3 | €30 | €0 | -€30 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €464 | €1,646 | +€1,181 | +254.5% |
| Other operating charges | 640/8 | €3,904 | €3,830 | -€74 | -1.9% |
| Gross operating margin | 9900 | €8,330 | €13,209 | +€4,880 | +58.6% |
| Operating profit (loss) | 9901 | €3,961 | €7,733 | +€3,772 | +95.2% |
| Financial income | 75/76B | €84 | €177 | +€94 | +111.9% |
| Recurring financial income | 75 | €84 | €177 | +€94 | +111.9% |
| Financial charges | 65/66B | €126 | €217 | +€91 | +72.2% |
| Recurring financial charges | 65 | €126 | €217 | +€91 | +72.2% |
| Profit (loss) for the period before taxes | 9903 | €3,919 | €7,694 | +€3,775 | +96.3% |
| Profit (loss) for the period | 9904 | €3,919 | €7,694 | +€3,775 | +96.3% |
| Profit (loss) for the period to be appropriated | 9905 | €3,919 | €7,694 | +€3,775 | +96.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.