MARIEN - BOECHOUT: 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.
What changed
MARIEN - BOECHOUT
NACE 10.712, Artisanal bread and fresh pastry making
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€16,934
2024 · €30,975-€14,041
Equity
€800,132
2024 · €783,197+€16,934
Cash
€3,151
2024 · €5,225-€2,074
Balance sheet total
€907,716
2024 · €902,389+€5,327
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
- Profit (loss) carried forward +€16,934
up €16,934 (+12.5%), from €135,248 to €152,182
Income statement
- Gross operating margin -€64,595
down €64,595 (-61.2%), from €105,621 to €41,026
- Staff costs -€23,955
down €23,955 (-68.2%), from €35,143 to €11,188
- Write-downs -€6,545
down €6,545, from €1,867 to -€4,678
- Depreciation -€3,562
down €3,562 (-54.1%), from €6,587 to €3,025
- Taxes -€1,248
down €1,248 (-14.5%), from €8,638 to €7,390
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.
Result 2024
€30,975
Gross operating margin
-€64,595
Staff costs
+€23,955
Depreciation
+€3,562
Write-downs
+€6,545
Other operating charges
-€308
Other operating items
+€14,953
Financial income
+€1,007
Financial charges
-€407
Taxes
+€1,248
Result 2025
€16,934
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€4,963
Investment
-€750
Financing
-€6,286
Cash 2024
€5,225
From operations (derived)
+€4,963
Net result for the year
+€16,934
Depreciation
+€3,025
Receivables within one year
-€8,411
Deferred charges and accrued income
-€1,264
Trade debts
-€1,689
Tax, wage and social debts
-€4,151
Other debts
-€1,173
Accrued charges and deferred income
+€1,692
Investment (derived)
-€750
Investment in fixed assets (net)
-€750
Financing
-€6,286
Debts after one year
-€6,432
Current portion of long-term debt
+€145
Cash 2025
€3,151
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €902,389 | €907,716 | +€5,327 | +0.6% |
| Fixed assets | 21/28 | €54,057 | €51,782 | -€2,275 | -4.2% |
| Tangible fixed assets | 22/27 | €53,882 | €51,607 | -€2,275 | -4.2% |
| Land and buildings | 22 | €50,944 | €48,174 | -€2,770 | -5.4% |
| Plant, machinery and equipment | 23 | €1,695 | €1,541 | -€154 | -9.1% |
| Furniture and vehicles | 24 | €1,243 | €1,892 | +€649 | +52.2% |
| Financial fixed assets | 28 | €175 | €175 | = | 0.0% |
| Current assets | 29/58 | €848,332 | €855,934 | +€7,602 | +0.9% |
| Stocks and contracts in progress | 3 | €454 | €454 | = | 0.0% |
| Stocks | 30/36 | €454 | €454 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €592,592 | €601,003 | +€8,411 | +1.4% |
| Trade receivables | 40 | €2,569 | €15,283 | +€12,714 | +495% |
| Other amounts receivable | 41 | €590,023 | €585,720 | -€4,304 | -0.7% |
| Cash at bank and in hand | 54/58 | €5,225 | €3,151 | -€2,074 | -39.7% |
| Deferred charges and accrued income | 490/1 | €250,061 | €251,325 | +€1,264 | +0.5% |
| Total equity and liabilities | 10/49 | €902,389 | €907,716 | +€5,327 | +0.6% |
| Equity | 10/15 | €783,197 | €800,132 | +€16,934 | +2.2% |
| Contributions | 10/11 | €570,990 | €570,990 | = | 0.0% |
| Reserves | 13 | €76,960 | €76,960 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €53,399 | €53,399 | = | 0.0% |
| Distributable reserves | 133 | €23,561 | €23,561 | = | 0.0% |
| Profit (loss) carried forward | 14 | €135,248 | €152,182 | +€16,934 | +12.5% |
| Amounts payable | 17/49 | €119,192 | €107,584 | -€11,608 | -9.7% |
| Amounts payable after more than one year | 17 | €70,136 | €63,704 | -€6,432 | -9.2% |
| Financial debts | 170/4 | €70,136 | €63,704 | -€6,432 | -9.2% |
| Amounts payable within one year | 42/48 | €43,732 | €36,864 | -€6,868 | -15.7% |
| Current portion of amounts payable after more than one year | 42 | €6,286 | €6,432 | +€145 | +2.3% |
| Trade debts | 44 | €14,685 | €12,995 | -€1,689 | -11.5% |
| Suppliers | 440/4 | €14,685 | €12,995 | -€1,689 | -11.5% |
| Taxes, remuneration and social security | 45 | €12,962 | €8,811 | -€4,151 | -32.0% |
| Taxes | 450/3 | €9,544 | €8,811 | -€733 | -7.7% |
| Remuneration and social security | 454/9 | €3,417 | €0 | -€3,417 | -100% |
| Other amounts payable | 47/48 | €9,799 | €8,626 | -€1,173 | -12.0% |
| Accrued charges and deferred income | 492/3 | €5,324 | €7,017 | +€1,692 | +31.8% |
| Non-recurring operating income | 76A | €84,594 | €0 | -€84,594 | -100% |
| Remuneration, social security and pensions | 62 | €35,143 | €11,188 | -€23,955 | -68.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,587 | €3,025 | -€3,562 | -54.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,867 | -€4,678 | -€6,545 | |
| Other operating charges | 640/8 | €4,975 | €5,283 | +€308 | +6.2% |
| Non-recurring operating charges | 66A | €14,953 | €0 | -€14,953 | -100% |
| Gross operating margin | 9900 | €105,621 | €41,026 | -€64,595 | -61.2% |
| Operating profit (loss) | 9901 | €42,096 | €26,207 | -€15,889 | -37.7% |
| Financial income | 75/76B | €1,274 | €2,281 | +€1,007 | +79.1% |
| Recurring financial income | 75 | €1,274 | €2,281 | +€1,007 | +79.1% |
| Financial charges | 65/66B | €3,757 | €4,164 | +€407 | +10.8% |
| Recurring financial charges | 65 | €3,757 | €4,164 | +€407 | +10.8% |
| Profit (loss) for the period before taxes | 9903 | €39,613 | €24,324 | -€15,289 | -38.6% |
| Income taxes | 67/77 | €8,638 | €7,390 | -€1,248 | -14.5% |
| Profit (loss) for the period | 9904 | €30,975 | €16,934 | -€14,041 | -45.3% |
| Profit (loss) for the period to be appropriated | 9905 | €30,975 | €16,934 | -€14,041 | -45.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.