Mariello: 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.
Mariello
Largest movements
- Cash +€25,630
up €25,630 (+102%), from €25,188 to €50,818
mainly Net result for the year (+€29,049) and Tax, wage and social debts (+€12,062)
- Receivables within one year +€3,932
up €3,932 (+474%), from €829 to €4,761
of which Trade receivables: +€4,343
- Tangible fixed assets -€2,661
down €2,661 (-16.9%), from €15,704 to €13,043
- Stocks and contracts +€2,275
up €2,275 (+57.1%), from €3,982 to €6,256
- Profit (loss) carried forward +€29,049
up €29,049, from -€14,361 to €14,688
- Tax, wage and social debts +€12,062
up €12,062 (+114%), from €10,575 to €22,637
of which Taxes: +€9,286
- Other debts -€10,384
down €10,384 (-32.2%), from €32,273 to €21,889
- Trade debts -€1,415
down €1,415 (-11.3%), from €12,509 to €11,094
- Gross operating margin +€69,885
up €69,885 (+169%), from €41,353 to €111,238
- Staff costs +€24,192
up €24,192 (+53.3%), from €45,367 to €69,559
- Taxes +€3,895
new in 2025: €3,895
- Depreciation -€1,139
down €1,139 (-17.2%), from €6,641 to €5,501
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 | €45,996 | €75,689 | +€29,693 | +64.6% |
| Fixed assets | 21/28 | €15,997 | €13,854 | -€2,143 | -13.4% |
| Tangible fixed assets | 22/27 | €15,704 | €13,043 | -€2,661 | -16.9% |
| Plant, machinery and equipment | 23 | €15,704 | €13,043 | -€2,661 | -16.9% |
| Financial fixed assets | 28 | €294 | €812 | +€518 | +176% |
| Current assets | 29/58 | €29,999 | €61,835 | +€31,836 | +106% |
| Stocks and contracts in progress | 3 | €3,982 | €6,256 | +€2,275 | +57.1% |
| Stocks | 30/36 | €3,982 | €6,256 | +€2,275 | +57.1% |
| Amounts receivable within one year | 40/41 | €829 | €4,761 | +€3,932 | +474% |
| Trade receivables | 40 | €84 | €4,426 | +€4,343 | +5,186% |
| Other amounts receivable | 41 | €745 | €334 | -€411 | -55.1% |
| Cash at bank and in hand | 54/58 | €25,188 | €50,818 | +€25,630 | +102% |
| Total equity and liabilities | 10/49 | €45,996 | €75,689 | +€29,693 | +64.6% |
| Equity | 10/15 | -€9,361 | €19,688 | +€29,049 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,361 | €14,688 | +€29,049 | |
| Amounts payable | 17/49 | €55,357 | €56,001 | +€644 | +1.2% |
| Amounts payable within one year | 42/48 | €55,357 | €55,619 | +€263 | +0.5% |
| Trade debts | 44 | €12,509 | €11,094 | -€1,415 | -11.3% |
| Suppliers | 440/4 | €12,509 | €11,094 | -€1,415 | -11.3% |
| Taxes, remuneration and social security | 45 | €10,575 | €22,637 | +€12,062 | +114% |
| Taxes | 450/3 | €4,962 | €14,247 | +€9,286 | +187% |
| Remuneration and social security | 454/9 | €5,613 | €8,389 | +€2,776 | +49.5% |
| Other amounts payable | 47/48 | €32,273 | €21,889 | -€10,384 | -32.2% |
| Accrued charges and deferred income | 492/3 | - | €382 | +€382 | |
| Remuneration, social security and pensions | 62 | €45,367 | €69,559 | +€24,192 | +53.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,641 | €5,501 | -€1,139 | -17.2% |
| Other operating charges | 640/8 | €3,573 | €3,109 | -€463 | -13.0% |
| Gross operating margin | 9900 | €41,353 | €111,238 | +€69,885 | +169% |
| Operating profit (loss) | 9901 | -€14,227 | €33,069 | +€47,296 | |
| Financial income | 75/76B | €9 | €6 | -€2 | -27.9% |
| Recurring financial income | 75 | €9 | €6 | -€2 | -27.9% |
| Financial charges | 65/66B | €142 | €131 | -€12 | -8.2% |
| Recurring financial charges | 65 | €142 | €131 | -€12 | -8.2% |
| Profit (loss) for the period before taxes | 9903 | -€14,361 | €32,944 | +€47,305 | |
| Income taxes | 67/77 | - | €3,895 | +€3,895 | |
| Profit (loss) for the period | 9904 | -€14,361 | €29,049 | +€43,410 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,361 | €29,049 | +€43,410 |
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 21 October 2026 via checked.be.