Marie-Julliette: 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-Julliette
Largest movements
- Stocks and contracts -€130,509
down €130,509 (-84.2%), from €154,959 to €24,450
- Receivables within one year +€2,816
up €2,816 (+176%), from €1,599 to €4,415
of which Other amounts receivable: +€2,923
- Profit (loss) carried forward -€73,058
down €73,058 (-28.9%), from -€252,575 to -€325,633
- Other debts -€58,860
down €58,860 (-13.0%), from €452,475 to €393,615
- Tax, wage and social debts -€5,162
down €5,162 (-94.2%), from €5,479 to €316
of which Taxes: -€3,416
- Trade debts +€4,895
up €4,895 (+70.2%), from €6,969 to €11,864
- Short-term financial debts +€4,011
up €4,011 (+30.2%), from €13,281 to €17,293
of which Other loans: +€14,801
- Gross operating margin -€38,337
down €38,337 (-410%), from -€9,356 to -€47,693
- Staff costs -€2,969
down €2,969 (-29.6%), from €10,035 to €7,066
- Depreciation +€997
up €997 (+8.3%), from €12,034 to €13,031
- Financial charges -€957
down €957 (-18.7%), from €5,115 to €4,158
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €228,129 | €99,955 | -€128,174 | -56.2% |
| Fixed assets | 21/28 | €71,571 | €71,090 | -€482 | -0.7% |
| Tangible fixed assets | 22/27 | €71,571 | €71,090 | -€482 | -0.7% |
| Plant, machinery and equipment | 23 | €17,859 | €14,627 | -€3,232 | -18.1% |
| Furniture and vehicles | 24 | €442 | €7,130 | +€6,688 | +1,513% |
| Other tangible fixed assets | 26 | €53,270 | €49,332 | -€3,937 | -7.4% |
| Current assets | 29/58 | €156,558 | €28,865 | -€127,693 | -81.6% |
| Stocks and contracts in progress | 3 | €154,959 | €24,450 | -€130,509 | -84.2% |
| Stocks | 30/36 | €154,959 | €24,450 | -€130,509 | -84.2% |
| Amounts receivable within one year | 40/41 | €1,599 | €4,415 | +€2,816 | +176% |
| Trade receivables | 40 | €1,599 | €1,492 | -€107 | -6.7% |
| Other amounts receivable | 41 | - | €2,923 | +€2,923 | |
| Total equity and liabilities | 10/49 | €228,129 | €99,955 | -€128,174 | -56.2% |
| Equity | 10/15 | -€250,075 | -€323,133 | -€73,058 | -29.2% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€252,575 | -€325,633 | -€73,058 | -28.9% |
| Amounts payable | 17/49 | €478,205 | €423,088 | -€55,117 | -11.5% |
| Amounts payable within one year | 42/48 | €478,205 | €423,088 | -€55,117 | -11.5% |
| Financial debts | 43 | €13,281 | €17,293 | +€4,011 | +30.2% |
| Credit institutions | 430/8 | €13,281 | €2,492 | -€10,790 | -81.2% |
| Other loans | 439 | - | €14,801 | +€14,801 | |
| Trade debts | 44 | €6,969 | €11,864 | +€4,895 | +70.2% |
| Suppliers | 440/4 | €6,969 | €11,864 | +€4,895 | +70.2% |
| Taxes, remuneration and social security | 45 | €5,479 | €316 | -€5,162 | -94.2% |
| Taxes | 450/3 | €3,732 | €316 | -€3,416 | -91.5% |
| Remuneration and social security | 454/9 | €1,746 | - | -€1,746 | |
| Other amounts payable | 47/48 | €452,475 | €393,615 | -€58,860 | -13.0% |
| Remuneration, social security and pensions | 62 | €10,035 | €7,066 | -€2,969 | -29.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,034 | €13,031 | +€997 | +8.3% |
| Other operating charges | 640/8 | €672 | €973 | +€301 | +44.8% |
| Gross operating margin | 9900 | -€9,356 | -€47,693 | -€38,337 | -410% |
| Operating profit (loss) | 9901 | -€32,098 | -€68,763 | -€36,665 | -114% |
| Financial income | 75/76B | €260 | €16 | -€243 | -93.7% |
| Recurring financial income | 75 | €260 | €16 | -€243 | -93.7% |
| Financial charges | 65/66B | €5,115 | €4,158 | -€957 | -18.7% |
| Recurring financial charges | 65 | €5,115 | €4,158 | -€957 | -18.7% |
| Profit (loss) for the period before taxes | 9903 | -€36,953 | -€72,905 | -€35,952 | -97.3% |
| Income taxes | 67/77 | €164 | €152 | -€11 | -7.0% |
| Profit (loss) for the period | 9904 | -€37,117 | -€73,058 | -€35,940 | -96.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€37,117 | -€73,058 | -€35,940 | -96.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.