Maribell: 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.
Maribell
Largest movements
- Cash +€20,833
up €20,833 (+17.3%), from €120,414 to €141,247
mainly Net result for the year (+€37,045) and Trade debts (+€16,039)
- Receivables within one year -€4,846
down €4,846 (-49.7%), from €9,750 to €4,904
- Financial fixed assets +€2,500
up €2,500 (+45.5%), from €5,500 to €8,000
- Stocks and contracts -€2,500
down €2,500 (-17.2%), from €14,500 to €12,000
- Tangible fixed assets -€2,353
down €2,353 (-4.5%), from €52,143 to €49,791
of which Other tangible fixed assets: -€4,826
- Profit (loss) carried forward +€37,045
up €37,045, from -€9,379 to €27,666
- Other debts -€32,280
down €32,280 (-21.9%), from €147,280 to €114,999
- Trade debts +€16,039
up €16,039 (+78.3%), from €20,483 to €36,522
- Current portion of long-term debt -€6,634
no longer reported in 2025 (was €6,634)
- Staff costs -€9,658
down €9,658 (-4.2%), from €231,384 to €221,726
- Taxes +€6,133
up €6,133 (+3833.0%), from €160 to €6,293
- Gross operating margin -€5,684
down €5,684 (-2.0%), from €284,494 to €278,810
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 | €203,127 | €218,052 | +€14,925 | +7.3% |
| Fixed assets | 21/28 | €57,643 | €57,791 | +€147 | +0.3% |
| Tangible fixed assets | 22/27 | €52,143 | €49,791 | -€2,353 | -4.5% |
| Plant, machinery and equipment | 23 | €29,865 | €33,010 | +€3,145 | +10.5% |
| Furniture and vehicles | 24 | €2,278 | €1,606 | -€672 | -29.5% |
| Other tangible fixed assets | 26 | €20,000 | €15,174 | -€4,826 | -24.1% |
| Financial fixed assets | 28 | €5,500 | €8,000 | +€2,500 | +45.5% |
| Current assets | 29/58 | €145,484 | €160,262 | +€14,778 | +10.2% |
| Stocks and contracts in progress | 3 | €14,500 | €12,000 | -€2,500 | -17.2% |
| Stocks | 30/36 | €14,500 | €12,000 | -€2,500 | -17.2% |
| Amounts receivable within one year | 40/41 | €9,750 | €4,904 | -€4,846 | -49.7% |
| Other amounts receivable | 41 | €9,750 | €4,904 | -€4,846 | -49.7% |
| Cash at bank and in hand | 54/58 | €120,414 | €141,247 | +€20,833 | +17.3% |
| Deferred charges and accrued income | 490/1 | €820 | €2,111 | +€1,291 | +157.3% |
| Total equity and liabilities | 10/49 | €203,127 | €218,052 | +€14,925 | +7.3% |
| Equity | 10/15 | €11,081 | €48,126 | +€37,045 | +334.3% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,379 | €27,666 | +€37,045 | |
| Amounts payable | 17/49 | €192,046 | €169,927 | -€22,119 | -11.5% |
| Amounts payable within one year | 42/48 | €192,046 | €169,927 | -€22,119 | -11.5% |
| Current portion of amounts payable after more than one year | 42 | €6,634 | - | -€6,634 | |
| Trade debts | 44 | €20,483 | €36,522 | +€16,039 | +78.3% |
| Suppliers | 440/4 | €20,483 | €36,522 | +€16,039 | +78.3% |
| Taxes, remuneration and social security | 45 | €17,650 | €18,406 | +€756 | +4.3% |
| Taxes | 450/3 | €17,650 | €15,425 | -€2,225 | -12.6% |
| Remuneration and social security | 454/9 | - | €2,981 | +€2,981 | |
| Other amounts payable | 47/48 | €147,280 | €114,999 | -€32,280 | -21.9% |
| Remuneration, social security and pensions | 62 | €231,384 | €221,726 | -€9,658 | -4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,325 | €11,863 | -€462 | -3.8% |
| Other operating charges | 640/8 | €3,056 | €1,081 | -€1,974 | -64.6% |
| Gross operating margin | 9900 | €284,494 | €278,810 | -€5,684 | -2.0% |
| Operating profit (loss) | 9901 | €37,729 | €44,140 | +€6,411 | +17.0% |
| Financial income | 75/76B | €212 | €470 | +€258 | +121.5% |
| Recurring financial income | 75 | €212 | €470 | +€258 | +121.5% |
| Financial charges | 65/66B | €2,235 | €1,272 | -€963 | -43.1% |
| Recurring financial charges | 65 | €2,235 | €1,272 | -€963 | -43.1% |
| Profit (loss) for the period before taxes | 9903 | €35,706 | €43,337 | +€7,631 | +21.4% |
| Income taxes | 67/77 | €160 | €6,293 | +€6,133 | +3833.0% |
| Profit (loss) for the period | 9904 | €35,546 | €37,045 | +€1,499 | +4.2% |
| Profit (loss) for the period to be appropriated | 9905 | €35,546 | €37,045 | +€1,499 | +4.2% |
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.