MARIËN: what changed
Two fiscal 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.
MARIËN
Largest movements
- Receivables within one year +€156,441
up €156,441 (+72.5%), from €215,880 to €372,321
of which Other amounts receivable: +€126,301
- Tangible fixed assets -€6,900
down €6,900 (-25.9%), from €26,593 to €19,693
- Cash -€6,585
down €6,585 (-47.1%), from €13,980 to €7,395
mainly Receivables within one year (-€156,441) and Debts after one year (-€40,000)
- Tax, wage and social debts +€91,574
up €91,574 (+106.7%), from €85,857 to €177,432
of which Taxes: +€86,131
- Reserves +€63,002
up €63,002 (+126.3%), from €49,868 to €112,871
of which Distributable reserves: +€63,002
- Debts after one year -€40,000
down €40,000 (-57.9%), from €69,100 to €29,100
- Trade debts +€14,826
up €14,826 (+90.8%), from €16,327 to €31,153
- Profit (loss) carried forward +€13,196
no longer reported in 2024 (was -€13,196)
- Gross operating margin +€31,966
up €31,966 (+20.4%), from €156,959 to €188,925
- Taxes +€18,100
up €18,100 (+87.8%), from €20,607 to €38,707
- Other operating charges -€9,584
down €9,584 (-56.8%), from €16,870 to €7,286
- Staff costs -€2,917
down €2,917 (-4.7%), from €62,017 to €59,099
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €256,453 | €399,409 | +€142,956 | +55.7% |
| Fixed assets | 21/28 | €26,593 | €19,693 | -€6,900 | -25.9% |
| Tangible fixed assets | 22/27 | €26,593 | €19,693 | -€6,900 | -25.9% |
| Furniture and vehicles | 24 | €26,593 | €19,693 | -€6,900 | -25.9% |
| Current assets | 29/58 | €229,860 | €379,716 | +€149,856 | +65.2% |
| Amounts receivable within one year | 40/41 | €215,880 | €372,321 | +€156,441 | +72.5% |
| Trade receivables | 40 | €1,291 | €31,431 | +€30,141 | +2335.6% |
| Other amounts receivable | 41 | €214,590 | €340,890 | +€126,301 | +58.9% |
| Cash at bank and in hand | 54/58 | €13,980 | €7,395 | -€6,585 | -47.1% |
| Total equity and liabilities | 10/49 | €256,453 | €399,409 | +€142,956 | +55.7% |
| Equity | 10/15 | €73,872 | €150,071 | +€76,199 | +103.1% |
| Contributions | 10/11 | €37,200 | €37,200 | = | 0.0% |
| Outside capital | 11 | €37,200 | €37,200 | = | 0.0% |
| Other | 1109/19 | €37,200 | €37,200 | = | 0.0% |
| Reserves | 13 | €49,868 | €112,871 | +€63,002 | +126.3% |
| Non-distributable reserves | 130/1 | €773 | €773 | = | 0.0% |
| Reserves not available under the articles | 1311 | €773 | €773 | = | 0.0% |
| Distributable reserves | 133 | €49,096 | €112,098 | +€63,002 | +128.3% |
| Profit (loss) carried forward | 14 | -€13,196 | - | +€13,196 | |
| Amounts payable | 17/49 | €182,581 | €249,338 | +€66,757 | +36.6% |
| Amounts payable after more than one year | 17 | €69,100 | €29,100 | -€40,000 | -57.9% |
| Financial debts | 170/4 | €69,100 | €29,100 | -€40,000 | -57.9% |
| Amounts payable within one year | 42/48 | €113,481 | €220,238 | +€106,757 | +94.1% |
| Current portion of amounts payable after more than one year | 42 | €6,810 | €6,810 | = | 0.0% |
| Trade debts | 44 | €16,327 | €31,153 | +€14,826 | +90.8% |
| Suppliers | 440/4 | €16,327 | €31,153 | +€14,826 | +90.8% |
| Taxes, remuneration and social security | 45 | €85,857 | €177,432 | +€91,574 | +106.7% |
| Taxes | 450/3 | €60,897 | €147,028 | +€86,131 | +141.4% |
| Remuneration and social security | 454/9 | €24,961 | €30,404 | +€5,443 | +21.8% |
| Other amounts payable | 47/48 | €4,487 | €4,844 | +€357 | +8.0% |
| Remuneration, social security and pensions | 62 | €62,017 | €59,099 | -€2,917 | -4.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,064 | €6,900 | -€164 | -2.3% |
| Other operating charges | 640/8 | €16,870 | €7,286 | -€9,584 | -56.8% |
| Gross operating margin | 9900 | €156,959 | €188,925 | +€31,966 | +20.4% |
| Operating profit (loss) | 9901 | €71,009 | €115,640 | +€44,631 | +62.9% |
| Financial income | 75/76B | €32 | - | -€32 | |
| Recurring financial income | 75 | €32 | - | -€32 | |
| Financial charges | 65/66B | €1,339 | €734 | -€604 | -45.1% |
| Recurring financial charges | 65 | €1,339 | €734 | -€604 | -45.1% |
| Profit (loss) for the period before taxes | 9903 | €69,702 | €114,905 | +€45,203 | +64.9% |
| Income taxes | 67/77 | €20,607 | €38,707 | +€18,100 | +87.8% |
| Profit (loss) for the period | 9904 | €49,096 | €76,199 | +€27,103 | +55.2% |
| Profit (loss) for the period to be appropriated | 9905 | €49,096 | €76,199 | +€27,103 | +55.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.