MARIE BRAT: 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.
MARIE BRAT
Largest movements
- Cash +€44,641
up €44,641 (+114%), from €39,328 to €83,969
mainly Net result for the year (+€46,963) and Depreciation (+€13,438)
- Tangible fixed assets -€13,319
down €13,319 (-8.3%), from €159,834 to €146,514
of which Land and buildings: -€13,319
- Receivables within one year +€8,400
up €8,400 (+19.4%), from €43,303 to €51,703
of which Other amounts receivable: +€7,231
- Reserves +€81,674
up €81,674 (+11,233%), from €727 to €82,401
of which Distributable reserves: +€81,674
- Profit (loss) carried forward -€34,711
down €34,711 (-100%), from €34,711 to €0
- Debts after one year -€14,369
down €14,369 (-7.1%), from €202,745 to €188,376
- Trade debts +€4,599
up €4,599 (+403%), from €1,142 to €5,741
- Gross operating margin +€30,925
up €30,925 (+55.7%), from €55,513 to €86,438
- Taxes +€11,786
up €11,786 (+293%), from €4,020 to €15,806
- Financial charges +€1,300
up €1,300 (+17.4%), from €7,450 to €8,750
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.
Derived cash bridge
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 | €284,266 | €325,070 | +€40,804 | +14.4% |
| Fixed assets | 21/28 | €159,834 | €146,514 | -€13,319 | -8.3% |
| Tangible fixed assets | 22/27 | €159,834 | €146,514 | -€13,319 | -8.3% |
| Land and buildings | 22 | €159,834 | €146,514 | -€13,319 | -8.3% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €124,432 | €178,556 | +€54,124 | +43.5% |
| Stocks and contracts in progress | 3 | €41,475 | €42,680 | +€1,205 | +2.9% |
| Stocks | 30/36 | €41,475 | €42,680 | +€1,205 | +2.9% |
| Amounts receivable within one year | 40/41 | €43,303 | €51,703 | +€8,400 | +19.4% |
| Trade receivables | 40 | €1,467 | €2,636 | +€1,169 | +79.6% |
| Other amounts receivable | 41 | €41,836 | €49,067 | +€7,231 | +17.3% |
| Cash at bank and in hand | 54/58 | €39,328 | €83,969 | +€44,641 | +114% |
| Deferred charges and accrued income | 490/1 | €326 | €203 | -€122 | -37.6% |
| Total equity and liabilities | 10/49 | €284,266 | €325,070 | +€40,804 | +14.4% |
| Equity | 10/15 | €54,038 | €101,001 | +€46,963 | +86.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €727 | €82,401 | +€81,674 | +11,233% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €727 | €82,401 | +€81,674 | +11,233% |
| Profit (loss) carried forward | 14 | €34,711 | €0 | -€34,711 | -100% |
| Amounts payable | 17/49 | €230,228 | €224,069 | -€6,159 | -2.7% |
| Amounts payable after more than one year | 17 | €202,745 | €188,376 | -€14,369 | -7.1% |
| Financial debts | 170/4 | €202,745 | €188,376 | -€14,369 | -7.1% |
| Amounts payable within one year | 42/48 | €27,482 | €33,693 | +€6,211 | +22.6% |
| Current portion of amounts payable after more than one year | 42 | €14,148 | €14,369 | +€221 | +1.6% |
| Trade debts | 44 | €1,142 | €5,741 | +€4,599 | +403% |
| Suppliers | 440/4 | €1,142 | €5,741 | +€4,599 | +403% |
| Taxes, remuneration and social security | 45 | €12,192 | €13,583 | +€1,391 | +11.4% |
| Taxes | 450/3 | €12,192 | €13,583 | +€1,391 | +11.4% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €0 | €2,000 | +€2,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,468 | €13,438 | -€30 | -0.2% |
| Other operating charges | 640/8 | €1,492 | €1,549 | +€58 | +3.9% |
| Gross operating margin | 9900 | €55,513 | €86,438 | +€30,925 | +55.7% |
| Operating profit (loss) | 9901 | €40,553 | €71,451 | +€30,897 | +76.2% |
| Financial income | 75/76B | €0 | €68 | +€68 | +16,090% |
| Recurring financial income | 75 | €0 | €68 | +€68 | +16,090% |
| Financial charges | 65/66B | €7,450 | €8,750 | +€1,300 | +17.4% |
| Recurring financial charges | 65 | €7,450 | €8,750 | +€1,300 | +17.4% |
| Profit (loss) for the period before taxes | 9903 | €33,104 | €62,769 | +€29,665 | +89.6% |
| Income taxes | 67/77 | €4,020 | €15,806 | +€11,786 | +293% |
| Profit (loss) for the period | 9904 | €29,084 | €46,963 | +€17,879 | +61.5% |
| Profit (loss) for the period to be appropriated | 9905 | €29,084 | €46,963 | +€17,879 | +61.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.