Mariagaard: 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.
Mariagaard
Largest movements
- Receivables within one year +€225,960
up €225,960 (+21.5%), from €1.1m to €1.3m
of which Trade receivables: +€219,180
- Tangible fixed assets -€220,402
down €220,402 (-2.6%), from €8.4m to €8.2m
of which Other tangible fixed assets: -€229,395
- Cash -€166,994
down €166,994 (-17.2%), from €970,232 to €803,238
- Deferred charges and accrued income +€18,842
up €18,842 (+45.3%), from €41,564 to €60,406
- Stocks and contracts -€6,840
down €6,840 (-16.0%), from €42,761 to €35,921
- Debts after one year -€241,390
down €241,390 (-4.6%), from €5.3m to €5.1m
of which Financial debts: -€241,390
- Investment grants -€82,401
down €82,401 (-3.3%), from €2.5m to €2.4m
- Debts within one year +€74,730
up €74,730 (+15.5%), from €482,843 to €557,573
of which Advances received: +€43,960
- Accrued charges and deferred income +€55,068
up €55,068 (+8.4%), from €655,049 to €710,117
- Profit (loss) carried forward +€44,560
up €44,560 (+4.1%), from €1.1m to €1.1m
- Turnover +€260,625
up €260,625 (+66.6%), from €391,477 to €652,101
- Services and other goods +€122,618
up €122,618 (+15.1%), from €812,818 to €935,436
- Goods and materials +€100,799
up €100,799 (+76.7%), from €131,505 to €232,304
- Staff costs +€86,356
up €86,356 (+22.0%), from €392,972 to €479,328
- Other operating income +€71,289
up €71,289 (+68.5%), from €104,103 to €175,392
From the 2021 result to the 2022 result
The net result is not in both sets of accounts; without it the difference cannot be explained line by line.
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Fixed assets | 21/28 | €8,412,288 | €8,191,886 | -€220,402 | -2.6% |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | €8,407,288 | €8,186,886 | -€220,402 | -2.6% |
| Land and buildings | 22 | €1,509,527 | €1,435,196 | -€74,331 | -4.9% |
| Plant, machinery and equipment | 23 | €105,647 | €109,207 | +€3,560 | +3.4% |
| Furniture and vehicles | 24 | €304,200 | €426,208 | +€122,008 | +40.1% |
| Leasing and similar rights | 25 | €3,292,200 | €3,237,330 | -€54,870 | -1.7% |
| Other tangible fixed assets | 26 | €3,195,714 | €2,966,319 | -€229,395 | -7.2% |
| Assets under construction and advance payments | 27 | - | €12,626 | +€12,626 | |
| Financial fixed assets | 28 | €5,000 | €5,000 | = | 0.0% |
| Participating interests | 280 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €2,105,009 | €2,175,977 | +€70,969 | +3.4% |
| Stocks and contracts in progress | 3 | €42,761 | €35,921 | -€6,840 | -16.0% |
| Amounts receivable within one year | 40/41 | €1,050,452 | €1,276,412 | +€225,960 | +21.5% |
| Trade receivables | 40 | €1,050,452 | €1,269,632 | +€219,180 | +20.9% |
| Other amounts receivable | 41 | - | €6,780 | +€6,780 | |
| Cash at bank and in hand | 54/58 | €970,232 | €803,238 | -€166,994 | -17.2% |
| Deferred charges and accrued income | 490/1 | €41,564 | €60,406 | +€18,842 | +45.3% |
| Total equity and liabilities | 10/49 | €10,517,297 | €10,367,863 | -€149,433 | -1.4% |
| Equity | 10/15 | €4,082,440 | €4,044,598 | -€37,842 | -0.9% |
| Contributions | 10/11 | €531,063 | €531,063 | = | 0.0% |
| Capital | 10 | €531,063 | €531,063 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,081,910 | €1,126,470 | +€44,560 | +4.1% |
| Investment grants | 15 | €2,469,466 | €2,387,065 | -€82,401 | -3.3% |
| Amounts payable | 17/49 | €6,434,857 | €6,323,265 | -€111,592 | -1.7% |
| Amounts payable after more than one year | 17 | €5,296,965 | €5,055,575 | -€241,390 | -4.6% |
| Financial debts | 170/4 | €4,787,555 | €4,546,165 | -€241,390 | -5.0% |
| Leasing and similar obligations | 172 | €3,237,330 | €3,182,460 | -€54,870 | -1.7% |
| Credit institutions | 173 | €1,550,225 | €1,363,705 | -€186,520 | -12.0% |
| Other amounts payable | 178/9 | €509,410 | €509,410 | = | 0.0% |
| Amounts payable within one year | 42/48 | €482,843 | €557,573 | +€74,730 | +15.5% |
| Current portion of amounts payable after more than one year | 42 | €261,688 | €241,390 | -€20,298 | -7.8% |
| Trade debts | 44 | €125,909 | €132,808 | +€6,899 | +5.5% |
| Advances received on contracts in progress | 46 | €23,400 | €67,360 | +€43,960 | +188% |
| Taxes, remuneration and social security | 45 | €36,394 | €45,149 | +€8,755 | +24.1% |
| Taxes | 450/3 | - | €244 | +€244 | |
| Remuneration and social security | 454/9 | €36,394 | €44,905 | +€8,511 | +23.4% |
| Accrued charges and deferred income | 492/3 | €655,049 | €710,117 | +€55,068 | +8.4% |
| Turnover | 70 | €391,477 | €652,101 | +€260,625 | +66.6% |
| Membership fees, donations, legacies and grants | 73 | €1,379,691 | €1,457,411 | +€77,720 | +5.6% |
| Other operating income | 74 | €104,103 | €175,392 | +€71,289 | +68.5% |
| Goods for resale, raw materials and consumables | 60 | €131,505 | €232,304 | +€100,799 | +76.7% |
| Services and other goods | 61 | €812,818 | €935,436 | +€122,618 | +15.1% |
| Remuneration, social security and pensions | 62 | €392,972 | €479,328 | +€86,356 | +22.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €510,323 | €569,999 | +€59,677 | +11.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€7,493 | €1,076 | +€8,568 | |
| Recurring financial income | 75 | €8,466 | €4,957 | -€3,508 | -41.4% |
| Recurring financial charges | 65 | -€25,974 | -€25,850 | +€124 | +0.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.