MARIANBAT: 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.
MARIANBAT
Largest movements
- Receivables within one year +€27,344
up €27,344 (+19.6%), from €139,702 to €167,046
of which Trade receivables: +€25,084
- Tangible fixed assets -€10,330
down €10,330 (-37.2%), from €27,747 to €17,417
- Cash +€1,982
up €1,982 (+195.8%), from €1,012 to €2,995
mainly Debts after one year (+€13,620) and Depreciation (+€10,330)
- Debts after one year +€13,620
up €13,620 (+37.5%), from €36,344 to €49,964
of which Other amounts payable: +€20,000
- Other debts -€5,124
down €5,124 (-10.8%), from €47,488 to €42,364
- Reserves +€5,000
up €5,000 (+42.2%), from €11,860 to €16,860
of which Tax-exempt reserves: +€5,000
- Profit (loss) carried forward +€3,808
up €3,808 (+8.1%), from €46,941 to €50,749
- Turnover -€244,632
no longer reported in 2025 (was €244,632)
- Purchases and services -€222,775
no longer reported in 2025 (was €222,775)
- Write-downs -€16,950
no longer reported in 2025 (was €16,950)
- Depreciation +€4,162
up €4,162 (+67.5%), from €6,168 to €10,330
- Gross operating margin +€3,401
up €3,401 (+15.6%), from €21,857 to €25,258
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 | €173,724 | €191,985 | +€18,261 | +10.5% |
| Fixed assets | 21/28 | €28,567 | €18,237 | -€10,330 | -36.2% |
| Tangible fixed assets | 22/27 | €27,747 | €17,417 | -€10,330 | -37.2% |
| Furniture and vehicles | 24 | €27,747 | €17,417 | -€10,330 | -37.2% |
| Financial fixed assets | 28 | €820 | €820 | = | 0.0% |
| Current assets | 29/58 | €145,157 | €173,749 | +€28,592 | +19.7% |
| Stocks and contracts in progress | 3 | €2,552 | €2,552 | = | 0.0% |
| Stocks | 30/36 | €2,552 | €2,552 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €139,702 | €167,046 | +€27,344 | +19.6% |
| Trade receivables | 40 | €136,573 | €161,658 | +€25,084 | +18.4% |
| Other amounts receivable | 41 | €3,128 | €5,388 | +€2,260 | +72.2% |
| Cash at bank and in hand | 54/58 | €1,012 | €2,995 | +€1,982 | +195.8% |
| Deferred charges and accrued income | 490/1 | €1,891 | €1,155 | -€735 | -38.9% |
| Total equity and liabilities | 10/49 | €173,724 | €191,985 | +€18,261 | +10.5% |
| Equity | 10/15 | €58,801 | €67,609 | +€8,808 | +15.0% |
| Reserves | 13 | €11,860 | €16,860 | +€5,000 | +42.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €10,000 | €15,000 | +€5,000 | +50.0% |
| Profit (loss) carried forward | 14 | €46,941 | €50,749 | +€3,808 | +8.1% |
| Amounts payable | 17/49 | €114,924 | €124,376 | +€9,453 | +8.2% |
| Amounts payable after more than one year | 17 | €36,344 | €49,964 | +€13,620 | +37.5% |
| Financial debts | 170/4 | €11,344 | €4,964 | -€6,380 | -56.2% |
| Other amounts payable | 178/9 | €25,000 | €45,000 | +€20,000 | +80.0% |
| Amounts payable within one year | 42/48 | €78,579 | €74,412 | -€4,167 | -5.3% |
| Current portion of amounts payable after more than one year | 42 | €7,163 | €7,408 | +€245 | +3.4% |
| Trade debts | 44 | €93 | €291 | +€198 | +212.4% |
| Suppliers | 440/4 | €93 | €291 | +€198 | +212.4% |
| Taxes, remuneration and social security | 45 | €23,836 | €24,350 | +€514 | +2.2% |
| Taxes | 450/3 | €3,544 | €3,758 | +€214 | +6.0% |
| Remuneration and social security | 454/9 | €20,292 | €20,592 | +€300 | +1.5% |
| Other amounts payable | 47/48 | €47,488 | €42,364 | -€5,124 | -10.8% |
| Turnover | 70 | €244,632 | - | -€244,632 | |
| Goods, raw materials, services and sundry goods | 60/61 | €222,775 | - | -€222,775 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,168 | €10,330 | +€4,162 | +67.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €16,950 | - | -€16,950 | |
| Other operating charges | 640/8 | €2,716 | €1,574 | -€1,143 | -42.1% |
| Gross operating margin | 9900 | €21,857 | €25,258 | +€3,401 | +15.6% |
| Operating profit (loss) | 9901 | -€3,978 | €13,354 | +€17,331 | |
| Financial income | 75/76B | €626 | €46 | -€581 | -92.7% |
| Recurring financial income | 75 | €626 | €46 | -€581 | -92.7% |
| Financial charges | 65/66B | €1,068 | €1,344 | +€276 | +25.8% |
| Recurring financial charges | 65 | €1,068 | €1,344 | +€276 | +25.8% |
| Profit (loss) for the period before taxes | 9903 | -€4,419 | €12,056 | +€16,475 | |
| Income taxes | 67/77 | €4,321 | €3,247 | -€1,074 | -24.8% |
| Profit (loss) for the period | 9904 | -€8,740 | €8,808 | +€17,548 | |
| Transfer from tax-exempt reserves | 789 | €18,750 | - | -€18,750 | |
| Transfer to tax-exempt reserves | 689 | €10,000 | €5,000 | -€5,000 | -50.0% |
| Profit (loss) for the period to be appropriated | 9905 | €10 | €3,808 | +€3,798 | +37681.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.