MARIBOUW: 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.
MARIBOUW
Largest movements
- Receivables within one year -€253,129
down €253,129 (-66.4%), from €381,084 to €127,955
of which Other amounts receivable: -€174,803
- Tangible fixed assets -€207,321
down €207,321 (-10.3%), from €2.0m to €1.8m
of which Land and buildings: -€135,477
- Tax, wage and social debts -€280,603
no longer reported in 2024 (was €280,603)
- Profit (loss) carried forward -€109,139
down €109,139 (-30.6%), from -€356,832 to -€465,971
- Debts after one year -€72,916
down €72,916 (-8.1%), from €904,506 to €831,590
- Gross operating margin +€49,167
up €49,167 (+52.6%), from €93,493 to €142,661
- Financial charges +€34,685
up €34,685 (+275%), from €12,624 to €47,309
- Taxes +€2,898
up €2,898 (+14.0%), from €20,648 to €23,546
From the 2022 result to the 2024 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2022 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,419,505 | €1,956,216 | -€463,289 | -19.1% |
| Fixed assets | 21/28 | €2,022,246 | €1,814,925 | -€207,321 | -10.3% |
| Tangible fixed assets | 22/27 | €2,022,246 | €1,814,925 | -€207,321 | -10.3% |
| Land and buildings | 22 | €1,950,252 | €1,814,775 | -€135,477 | -6.9% |
| Plant, machinery and equipment | 23 | €71,994 | €150 | -€71,844 | -99.8% |
| Current assets | 29/58 | €397,259 | €141,291 | -€255,968 | -64.4% |
| Amounts receivable within one year | 40/41 | €381,084 | €127,955 | -€253,129 | -66.4% |
| Trade receivables | 40 | €87,120 | €8,794 | -€78,326 | -89.9% |
| Other amounts receivable | 41 | €293,964 | €119,161 | -€174,803 | -59.5% |
| Cash at bank and in hand | 54/58 | €2,837 | - | -€2,837 | |
| Deferred charges and accrued income | 490/1 | €13,338 | €13,336 | -€2 | 0.0% |
| Total equity and liabilities | 10/49 | €2,419,505 | €1,956,216 | -€463,289 | -19.1% |
| Equity | 10/15 | €843,168 | €734,029 | -€109,139 | -12.9% |
| Contributions | 10/11 | €1,200,000 | €1,200,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€356,832 | -€465,971 | -€109,139 | -30.6% |
| Amounts payable | 17/49 | €1,576,337 | €1,222,186 | -€354,151 | -22.5% |
| Amounts payable after more than one year | 17 | €904,506 | €831,590 | -€72,916 | -8.1% |
| Financial debts | 170/4 | €904,506 | €831,590 | -€72,916 | -8.1% |
| Amounts payable within one year | 42/48 | €671,831 | €390,596 | -€281,235 | -41.9% |
| Current portion of amounts payable after more than one year | 42 | €82,782 | €87,003 | +€4,221 | +5.1% |
| Trade debts | 44 | €33,829 | €25,086 | -€8,743 | -25.8% |
| Suppliers | 440/4 | €33,829 | €25,086 | -€8,743 | -25.8% |
| Taxes, remuneration and social security | 45 | €280,603 | - | -€280,603 | |
| Taxes | 450/3 | €280,603 | - | -€280,603 | |
| Other amounts payable | 47/48 | €274,618 | €278,508 | +€3,890 | +1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €103,661 | €103,661 | = | 0.0% |
| Other operating charges | 640/8 | €970 | €1,086 | +€116 | +11.9% |
| Gross operating margin | 9900 | €93,493 | €142,661 | +€49,167 | +52.6% |
| Operating profit (loss) | 9901 | -€11,137 | €37,914 | +€49,052 | |
| Financial charges | 65/66B | €12,624 | €47,309 | +€34,685 | +275% |
| Recurring financial charges | 65 | €12,624 | €47,309 | +€34,685 | +275% |
| Profit (loss) for the period before taxes | 9903 | -€23,761 | -€9,395 | +€14,366 | +60.5% |
| Income taxes | 67/77 | €20,648 | €23,546 | +€2,898 | +14.0% |
| Profit (loss) for the period | 9904 | -€44,409 | -€32,941 | +€11,468 | +25.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€44,409 | -€32,941 | +€11,468 | +25.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.