MARIE CLAUDE: what changed
MARIE CLAUDE
Largest movements
- Receivables within one year -€74,228
down €74,228 (-65.2%), from €113,866 to €39,639
of which Trade receivables: -€67,169
- Cash -€6,148
down €6,148 (-40.5%), from €15,165 to €9,017
mainly Trade debts (-€83,900) and Investment in fixed assets (net) (-€5,667)
- Tangible fixed assets +€4,400
up €4,400 (+370%), from €1,189 to €5,588
- Trade debts -€83,900
down €83,900 (-88.7%), from €94,557 to €10,657
- Profit (loss) carried forward +€8,023
up €8,023 (+6.8%), from €118,562 to €126,585
- Staff costs +€59,214
new in 2025: €59,214
- Gross operating margin +€18,387
up €18,387 (+35.2%), from €52,170 to €70,557
- Other operating charges -€1,105
no longer reported in 2025 (was €1,105)
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 | €233,569 | €157,692 | -€75,877 | -32.5% |
| Fixed assets | 21/28 | €3,987 | €8,387 | +€4,400 | +110% |
| Tangible fixed assets | 22/27 | €1,189 | €5,588 | +€4,400 | +370% |
| Furniture and vehicles | 24 | €1,189 | €5,588 | +€4,400 | +370% |
| Financial fixed assets | 28 | €2,798 | €2,798 | = | 0.0% |
| Current assets | 29/58 | €229,582 | €149,306 | -€80,277 | -35.0% |
| Amounts receivable after more than one year | 29 | €95,931 | €95,931 | = | 0.0% |
| Other amounts receivable | 291 | €95,931 | €95,931 | = | 0.0% |
| Stocks and contracts in progress | 3 | €4,621 | €4,720 | +€99 | +2.1% |
| Stocks | 30/36 | €4,621 | €4,720 | +€99 | +2.1% |
| Amounts receivable within one year | 40/41 | €113,866 | €39,639 | -€74,228 | -65.2% |
| Trade receivables | 40 | €67,169 | €0 | -€67,169 | -100% |
| Other amounts receivable | 41 | €46,698 | €39,639 | -€7,059 | -15.1% |
| Cash at bank and in hand | 54/58 | €15,165 | €9,017 | -€6,148 | -40.5% |
| Total equity and liabilities | 10/49 | €233,569 | €157,692 | -€75,877 | -32.5% |
| Equity | 10/15 | €139,013 | €147,036 | +€8,023 | +5.8% |
| Contributions | 10/11 | €20,451 | €20,451 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Profit (loss) carried forward | 14 | €118,562 | €126,585 | +€8,023 | +6.8% |
| Amounts payable | 17/49 | €94,557 | €10,657 | -€83,900 | -88.7% |
| Amounts payable within one year | 42/48 | €94,557 | €10,657 | -€83,900 | -88.7% |
| Trade debts | 44 | €94,557 | €10,657 | -€83,900 | -88.7% |
| Suppliers | 440/4 | €94,557 | €10,657 | -€83,900 | -88.7% |
| Remuneration, social security and pensions | 62 | - | €59,214 | +€59,214 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €854 | €1,267 | +€413 | +48.3% |
| Other operating charges | 640/8 | €1,105 | - | -€1,105 | |
| Gross operating margin | 9900 | €52,170 | €70,557 | +€18,387 | +35.2% |
| Operating profit (loss) | 9901 | €50,211 | €10,075 | -€40,136 | -79.9% |
| Financial income | 75/76B | €1 | €0 | -€1 | -87.7% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -87.7% |
| Financial charges | 65/66B | €1,356 | €2,053 | +€697 | +51.4% |
| Recurring financial charges | 65 | €1,356 | €2,053 | +€697 | +51.4% |
| Profit (loss) for the period before taxes | 9903 | €48,857 | €8,023 | -€40,834 | -83.6% |
| Profit (loss) for the period | 9904 | €48,857 | €8,023 | -€40,834 | -83.6% |
| Profit (loss) for the period to be appropriated | 9905 | €48,857 | €8,023 | -€40,834 | -83.6% |
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 2 November 2026 via checked.be.