Mariano Concept: what changed
Mariano Concept
Largest movements
- Receivables within one year +€25,826
up €25,826 (+94.0%), from €27,479 to €53,305
of which Trade receivables: +€15,113
- Tangible fixed assets -€3,438
down €3,438 (-19.3%), from €17,799 to €14,361
of which Furniture and vehicles: -€3,836
- Deferred charges and accrued income -€1,290
no longer reported in 2025 (was €1,290)
- Profit (loss) carried forward +€17,887
up €17,887 (+55.7%), from €32,135 to €50,022
- Tax, wage and social debts +€6,279
up €6,279 (+68.4%), from €9,184 to €15,463
- Trade debts -€2,550
down €2,550 (-88.8%), from €2,872 to €322
- Gross operating margin -€8,886
down €8,886 (-21.2%), from €41,827 to €32,941
- Other operating charges +€2,340
up €2,340 (+944%), from €248 to €2,588
- Depreciation +€1,982
up €1,982 (+75.1%), from €2,638 to €4,620
- Taxes -€1,603
down €1,603 (-17.5%), from €9,185 to €7,582
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €47,191 | €68,807 | +€21,616 | +45.8% |
| Fixed assets | 21/28 | €17,799 | €14,361 | -€3,438 | -19.3% |
| Tangible fixed assets | 22/27 | €17,799 | €14,361 | -€3,438 | -19.3% |
| Plant, machinery and equipment | 23 | €1,193 | €1,591 | +€398 | +33.4% |
| Furniture and vehicles | 24 | €16,606 | €12,770 | -€3,836 | -23.1% |
| Current assets | 29/58 | €29,392 | €54,446 | +€25,054 | +85.2% |
| Amounts receivable within one year | 40/41 | €27,479 | €53,305 | +€25,826 | +94.0% |
| Trade receivables | 40 | €893 | €16,006 | +€15,113 | +1,692% |
| Other amounts receivable | 41 | €26,586 | €37,299 | +€10,713 | +40.3% |
| Cash at bank and in hand | 54/58 | €623 | €1,141 | +€518 | +83.1% |
| Deferred charges and accrued income | 490/1 | €1,290 | - | -€1,290 | |
| Total equity and liabilities | 10/49 | €47,191 | €68,807 | +€21,616 | +45.8% |
| Equity | 10/15 | €35,135 | €53,022 | +€17,887 | +50.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €32,135 | €50,022 | +€17,887 | +55.7% |
| Amounts payable | 17/49 | €12,056 | €15,785 | +€3,729 | +30.9% |
| Amounts payable within one year | 42/48 | €12,056 | €15,785 | +€3,729 | +30.9% |
| Trade debts | 44 | €2,872 | €322 | -€2,550 | -88.8% |
| Suppliers | 440/4 | €2,872 | €322 | -€2,550 | -88.8% |
| Taxes, remuneration and social security | 45 | €9,184 | €15,463 | +€6,279 | +68.4% |
| Taxes | 450/3 | €9,184 | €15,463 | +€6,279 | +68.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,638 | €4,620 | +€1,982 | +75.1% |
| Other operating charges | 640/8 | €248 | €2,588 | +€2,340 | +944% |
| Gross operating margin | 9900 | €41,827 | €32,941 | -€8,886 | -21.2% |
| Operating profit (loss) | 9901 | €38,941 | €25,733 | -€13,208 | -33.9% |
| Financial income | 75/76B | €196 | €1 | -€195 | -99.5% |
| Recurring financial income | 75 | €196 | €1 | -€195 | -99.5% |
| Financial charges | 65/66B | €243 | €265 | +€22 | +9.1% |
| Recurring financial charges | 65 | €243 | €265 | +€22 | +9.1% |
| Profit (loss) for the period before taxes | 9903 | €38,894 | €25,469 | -€13,425 | -34.5% |
| Income taxes | 67/77 | €9,185 | €7,582 | -€1,603 | -17.5% |
| Profit (loss) for the period | 9904 | €29,709 | €17,887 | -€11,822 | -39.8% |
| Profit (loss) for the period to be appropriated | 9905 | €29,709 | €17,887 | -€11,822 | -39.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.