MARIELOUIS: 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.
MARIELOUIS
Largest movements
- Receivables within one year +€205,613
up €205,613 (+149%), from €138,228 to €343,841
of which Other amounts receivable: +€181,929
- Tangible fixed assets -€96,397
down €96,397 (-4.8%), from €2.0m to €1.9m
of which Land and buildings: -€60,917
- Other debts +€179,308
up €179,308 (+27.2%), from €660,115 to €839,423
- Debts after one year -€95,052
down €95,052 (-15.9%), from €597,413 to €502,361
- Other operating charges +€19,996
up €19,996 (+230%), from €8,703 to €28,698
- Financial charges +€19,553
up €19,553 (+41.2%), from €47,475 to €67,029
- Gross operating margin -€19,379
down €19,379 (-8.5%), from €227,702 to €208,324
- Depreciation +€3,712
up €3,712 (+3.7%), from €101,387 to €105,099
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 | €2,303,073 | €2,402,510 | +€99,437 | +4.3% |
| Fixed assets | 21/28 | €2,080,723 | €1,984,326 | -€96,397 | -4.6% |
| Tangible fixed assets | 22/27 | €2,011,873 | €1,915,476 | -€96,397 | -4.8% |
| Land and buildings | 22 | €1,833,990 | €1,773,073 | -€60,917 | -3.3% |
| Plant, machinery and equipment | 23 | €86,857 | €69,564 | -€17,293 | -19.9% |
| Furniture and vehicles | 24 | €77,508 | €62,254 | -€15,255 | -19.7% |
| Other tangible fixed assets | 26 | €13,518 | €10,586 | -€2,932 | -21.7% |
| Financial fixed assets | 28 | €68,849 | €68,849 | = | 0.0% |
| Current assets | 29/58 | €222,350 | €418,184 | +€195,834 | +88.1% |
| Amounts receivable within one year | 40/41 | €138,228 | €343,841 | +€205,613 | +149% |
| Trade receivables | 40 | €13,103 | €36,787 | +€23,684 | +181% |
| Other amounts receivable | 41 | €125,125 | €307,054 | +€181,929 | +145% |
| Cash at bank and in hand | 54/58 | €84,123 | €74,343 | -€9,779 | -11.6% |
| Total equity and liabilities | 10/49 | €2,303,073 | €2,402,510 | +€99,437 | +4.3% |
| Equity | 10/15 | €786,039 | €786,781 | +€741 | +0.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €767,439 | €768,181 | +€741 | +0.1% |
| Distributable reserves | 133 | €767,439 | €768,181 | +€741 | +0.1% |
| Amounts payable | 17/49 | €1,517,034 | €1,615,729 | +€98,695 | +6.5% |
| Amounts payable after more than one year | 17 | €597,413 | €502,361 | -€95,052 | -15.9% |
| Financial debts | 170/4 | €597,413 | €502,361 | -€95,052 | -15.9% |
| Amounts payable within one year | 42/48 | €883,935 | €1,058,697 | +€174,763 | +19.8% |
| Current portion of amounts payable after more than one year | 42 | €214,050 | €212,489 | -€1,561 | -0.7% |
| Trade debts | 44 | €225 | €442 | +€217 | +96.8% |
| Suppliers | 440/4 | €225 | €442 | +€217 | +96.8% |
| Taxes, remuneration and social security | 45 | €9,545 | €6,344 | -€3,201 | -33.5% |
| Taxes | 450/3 | €9,545 | €6,344 | -€3,201 | -33.5% |
| Other amounts payable | 47/48 | €660,115 | €839,423 | +€179,308 | +27.2% |
| Accrued charges and deferred income | 492/3 | €35,686 | €54,670 | +€18,985 | +53.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €101,387 | €105,099 | +€3,712 | +3.7% |
| Other operating charges | 640/8 | €8,703 | €28,698 | +€19,996 | +230% |
| Gross operating margin | 9900 | €227,702 | €208,324 | -€19,379 | -8.5% |
| Operating profit (loss) | 9901 | €117,612 | €74,526 | -€43,086 | -36.6% |
| Financial income | 75/76B | €5 | €5 | +€1 | +11.0% |
| Recurring financial income | 75 | €5 | €5 | +€1 | +11.0% |
| Financial charges | 65/66B | €47,475 | €67,029 | +€19,553 | +41.2% |
| Recurring financial charges | 65 | €47,475 | €67,029 | +€19,553 | +41.2% |
| Profit (loss) for the period before taxes | 9903 | €70,142 | €7,503 | -€62,639 | -89.3% |
| Income taxes | 67/77 | €4,886 | €6,761 | +€1,875 | +38.4% |
| Profit (loss) for the period | 9904 | €65,255 | €741 | -€64,514 | -98.9% |
| Profit (loss) for the period to be appropriated | 9905 | €65,255 | €741 | -€64,514 | -98.9% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.