Marepalus: 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.
Marepalus
Largest movements
- Tangible fixed assets +€11,062
up €11,062 (+42.8%), from €25,835 to €36,897
of which Furniture and vehicles: +€10,029
- Receivables within one year +€8,170
up €8,170 (+22.0%), from €37,086 to €45,256
of which Trade receivables: +€7,567
- Stocks and contracts +€2,985
new in 2025: €2,985
- Cash +€1,183
up €1,183 (+376.8%), from €314 to €1,497
mainly Net result for the year (+€18,432) and Tax, wage and social debts (+€4,356)
- Profit (loss) carried forward +€18,432
up €18,432 (+68.0%), from -€27,120 to -€8,688
- Reserves -€5,194
down €5,194 (-67.7%), from €7,673 to €2,479
of which Distributable reserves: -€2,715
- Tax, wage and social debts +€4,356
up €4,356 (+103.2%), from €4,222 to €8,578
- Trade debts +€3,614
up €3,614 (+43.2%), from €8,370 to €11,984
- Accrued charges and deferred income +€1,755
new in 2025: €1,755
- Gross operating margin +€29,977
up €29,977 (+809.8%), from €3,702 to €33,679
- Taxes +€6,418
new in 2025: €6,418
- Depreciation -€4,715
down €4,715 (-58.2%), from €8,108 to €3,393
- Financial charges +€1,844
up €1,844 (+3762.4%), from €49 to €1,893
- Other operating charges +€745
up €745 (+26.6%), from €2,800 to €3,545
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 | €63,457 | €87,725 | +€24,268 | +38.2% |
| Fixed assets | 21/28 | €25,835 | €36,897 | +€11,062 | +42.8% |
| Tangible fixed assets | 22/27 | €25,835 | €36,897 | +€11,062 | +42.8% |
| Land and buildings | 22 | €25,051 | €26,195 | +€1,144 | +4.6% |
| Plant, machinery and equipment | 23 | €192 | €82 | -€110 | -57.5% |
| Furniture and vehicles | 24 | €592 | €10,621 | +€10,029 | +1694.1% |
| Current assets | 29/58 | €37,622 | €50,828 | +€13,206 | +35.1% |
| Stocks and contracts in progress | 3 | - | €2,985 | +€2,985 | |
| Stocks | 30/36 | - | €2,985 | +€2,985 | |
| Amounts receivable within one year | 40/41 | €37,086 | €45,256 | +€8,170 | +22.0% |
| Trade receivables | 40 | €36,937 | €44,504 | +€7,567 | +20.5% |
| Other amounts receivable | 41 | €149 | €752 | +€603 | +404.7% |
| Cash at bank and in hand | 54/58 | €314 | €1,497 | +€1,183 | +376.8% |
| Deferred charges and accrued income | 490/1 | €222 | €1,090 | +€868 | +390.9% |
| Total equity and liabilities | 10/49 | €63,457 | €87,725 | +€24,268 | +38.2% |
| Equity | 10/15 | €5,342 | €18,580 | +€13,238 | +247.8% |
| Contributions | 10/11 | €24,789 | €24,789 | +€0 | 0.0% |
| Reserves | 13 | €7,673 | €2,479 | -€5,194 | -67.7% |
| Non-distributable reserves | 130/1 | €2,479 | €0 | -€2,479 | -100.0% |
| Reserves not available under the articles | 1311 | €2,479 | €0 | -€2,479 | -100.0% |
| Distributable reserves | 133 | €5,194 | €2,479 | -€2,715 | -52.3% |
| Profit (loss) carried forward | 14 | -€27,120 | -€8,688 | +€18,432 | +68.0% |
| Amounts payable | 17/49 | €58,115 | €69,145 | +€11,030 | +19.0% |
| Amounts payable within one year | 42/48 | €58,115 | €67,390 | +€9,275 | +16.0% |
| Trade debts | 44 | €8,370 | €11,984 | +€3,614 | +43.2% |
| Suppliers | 440/4 | €8,370 | €11,984 | +€3,614 | +43.2% |
| Taxes, remuneration and social security | 45 | €4,222 | €8,578 | +€4,356 | +103.2% |
| Taxes | 450/3 | €4,222 | €8,578 | +€4,356 | +103.2% |
| Other amounts payable | 47/48 | €45,523 | €46,827 | +€1,304 | +2.9% |
| Accrued charges and deferred income | 492/3 | - | €1,755 | +€1,755 | |
| Non-recurring operating income | 76A | - | €1,997 | +€1,997 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,108 | €3,393 | -€4,715 | -58.2% |
| Other operating charges | 640/8 | €2,800 | €3,545 | +€745 | +26.6% |
| Gross operating margin | 9900 | €3,702 | €33,679 | +€29,977 | +809.8% |
| Operating profit (loss) | 9901 | -€7,206 | €26,741 | +€33,947 | |
| Financial income | 75/76B | €3 | €2 | -€1 | -39.0% |
| Recurring financial income | 75 | €3 | €2 | -€1 | -39.0% |
| Financial charges | 65/66B | €49 | €1,893 | +€1,844 | +3762.4% |
| Recurring financial charges | 65 | €49 | €1,893 | +€1,844 | +3762.4% |
| Profit (loss) for the period before taxes | 9903 | -€7,252 | €24,851 | +€32,103 | |
| Income taxes | 67/77 | - | €6,418 | +€6,418 | |
| Profit (loss) for the period | 9904 | -€7,252 | €18,432 | +€25,684 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,252 | €18,432 | +€25,684 |
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 10 October 2026 via checked.be.