Marevapo: 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.
Marevapo
Largest movements
- Cash -€37,163
down €37,163 (-83.8%), from €44,362 to €7,199
mainly Debts after one year (-€72,300) and Tax, wage and social debts (-€19,641)
- Debts after one year -€72,300
down €72,300 (-36.2%), from €199,487 to €127,188
- Other debts +€64,208
up €64,208 (+16.0%), from €402,057 to €466,265
- Tax, wage and social debts -€19,641
down €19,641 (-100%), from €19,641 to €0
- Reserves -€17,165
down €17,165 (-5.7%), from €301,011 to €283,846
- Gross operating margin -€135,453
down €135,453, from €128,022 to -€7,431
- Taxes -€27,064
down €27,064 (-97.9%), from €27,641 to €577
- Financial charges -€14,894
down €14,894 (-58.2%), from €25,612 to €10,718
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 | €1,109,094 | €1,068,117 | -€40,977 | -3.7% |
| Fixed assets | 21/28 | €916,962 | €916,962 | = | 0.0% |
| Financial fixed assets | 28 | €916,962 | €916,962 | = | 0.0% |
| Current assets | 29/58 | €192,132 | €151,155 | -€40,977 | -21.3% |
| Amounts receivable within one year | 40/41 | €145,728 | €141,714 | -€4,014 | -2.8% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €145,728 | €141,714 | -€4,014 | -2.8% |
| Cash at bank and in hand | 54/58 | €44,362 | €7,199 | -€37,163 | -83.8% |
| Deferred charges and accrued income | 490/1 | €2,042 | €2,242 | +€200 | +9.8% |
| Total equity and liabilities | 10/49 | €1,109,094 | €1,068,117 | -€40,977 | -3.7% |
| Equity | 10/15 | €401,011 | €383,846 | -€17,165 | -4.3% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €301,011 | €283,846 | -€17,165 | -5.7% |
| Distributable reserves | 133 | €301,011 | €283,846 | -€17,165 | -5.7% |
| Amounts payable | 17/49 | €708,083 | €684,271 | -€23,812 | -3.4% |
| Amounts payable after more than one year | 17 | €199,487 | €127,188 | -€72,300 | -36.2% |
| Financial debts | 170/4 | €199,487 | €127,188 | -€72,300 | -36.2% |
| Amounts payable within one year | 42/48 | €508,123 | €556,648 | +€48,525 | +9.5% |
| Current portion of amounts payable after more than one year | 42 | €69,436 | €72,300 | +€2,864 | +4.1% |
| Trade debts | 44 | €16,989 | €18,084 | +€1,095 | +6.4% |
| Suppliers | 440/4 | €16,989 | €18,084 | +€1,095 | +6.4% |
| Taxes, remuneration and social security | 45 | €19,641 | €0 | -€19,641 | -100% |
| Taxes | 450/3 | €19,641 | €0 | -€19,641 | -100% |
| Other amounts payable | 47/48 | €402,057 | €466,265 | +€64,208 | +16.0% |
| Accrued charges and deferred income | 492/3 | €473 | €435 | -€38 | -7.9% |
| Other operating charges | 640/8 | €577 | €530 | -€47 | -8.2% |
| Gross operating margin | 9900 | €128,022 | -€7,431 | -€135,453 | |
| Operating profit (loss) | 9901 | €127,444 | -€7,961 | -€135,406 | |
| Financial income | 75/76B | €2,060 | €2,091 | +€31 | +1.5% |
| Recurring financial income | 75 | €2,060 | €2,091 | +€31 | +1.5% |
| Financial charges | 65/66B | €25,612 | €10,718 | -€14,894 | -58.2% |
| Recurring financial charges | 65 | €25,612 | €10,718 | -€14,894 | -58.2% |
| Profit (loss) for the period before taxes | 9903 | €103,892 | -€16,588 | -€120,481 | |
| Income taxes | 67/77 | €27,641 | €577 | -€27,064 | -97.9% |
| Profit (loss) for the period | 9904 | €76,251 | -€17,165 | -€93,417 | |
| Profit (loss) for the period to be appropriated | 9905 | €76,251 | -€17,165 | -€93,417 |
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 14 October 2026 via checked.be.