MariePaul: 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.
MariePaul
Largest movements
- Tangible fixed assets -€54,251
down €54,251 (-9.3%), from €586,375 to €532,124
of which Land and buildings: -€51,570
- Cash +€38,235
up €38,235 (+40.4%), from €94,614 to €132,849
mainly Depreciation (+€54,251) and Net result for the year (+€36,025)
- Debts after one year -€39,523
down €39,523 (-18.2%), from €216,990 to €177,468
- Reserves +€35,192
up €35,192 (+23.4%), from €150,410 to €185,602
- Current portion of long-term debt -€22,647
down €22,647 (-35.3%), from €64,244 to €41,597
- Other debts +€6,930
up €6,930 (+3.1%), from €223,709 to €230,639
- Gross operating margin +€8,018
up €8,018 (+6.7%), from €120,084 to €128,102
- Taxes +€2,643
up €2,643 (+18.8%), from €14,057 to €16,700
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 | €686,460 | €666,462 | -€19,998 | -2.9% |
| Fixed assets | 21/28 | €586,375 | €532,124 | -€54,251 | -9.3% |
| Tangible fixed assets | 22/27 | €586,375 | €532,124 | -€54,251 | -9.3% |
| Land and buildings | 22 | €573,426 | €521,855 | -€51,570 | -9.0% |
| Plant, machinery and equipment | 23 | €12,949 | €10,269 | -€2,680 | -20.7% |
| Current assets | 29/58 | €100,085 | €134,338 | +€34,253 | +34.2% |
| Amounts receivable within one year | 40/41 | €2,661 | - | -€2,661 | |
| Other amounts receivable | 41 | €2,661 | - | -€2,661 | |
| Cash at bank and in hand | 54/58 | €94,614 | €132,849 | +€38,235 | +40.4% |
| Deferred charges and accrued income | 490/1 | €2,811 | €1,489 | -€1,322 | -47.0% |
| Total equity and liabilities | 10/49 | €686,460 | €666,462 | -€19,998 | -2.9% |
| Equity | 10/15 | €170,410 | €205,602 | +€35,192 | +20.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €150,410 | €185,602 | +€35,192 | +23.4% |
| Distributable reserves | 133 | €150,410 | €185,602 | +€35,192 | +23.4% |
| Amounts payable | 17/49 | €516,050 | €460,860 | -€55,190 | -10.7% |
| Amounts payable after more than one year | 17 | €216,990 | €177,468 | -€39,523 | -18.2% |
| Financial debts | 170/4 | €216,990 | €177,468 | -€39,523 | -18.2% |
| Amounts payable within one year | 42/48 | €288,547 | €273,013 | -€15,534 | -5.4% |
| Current portion of amounts payable after more than one year | 42 | €64,244 | €41,597 | -€22,647 | -35.3% |
| Trade debts | 44 | €594 | €17 | -€577 | -97.1% |
| Suppliers | 440/4 | €594 | €17 | -€577 | -97.1% |
| Taxes, remuneration and social security | 45 | - | €760 | +€760 | |
| Taxes | 450/3 | - | €760 | +€760 | |
| Other amounts payable | 47/48 | €223,709 | €230,639 | +€6,930 | +3.1% |
| Accrued charges and deferred income | 492/3 | €10,513 | €10,380 | -€133 | -1.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,251 | €54,251 | = | 0.0% |
| Other operating charges | 640/8 | €8,252 | €8,481 | +€230 | +2.8% |
| Gross operating margin | 9900 | €120,084 | €128,102 | +€8,018 | +6.7% |
| Operating profit (loss) | 9901 | €57,581 | €65,369 | +€7,788 | +13.5% |
| Financial income | 75/76B | - | €72 | +€72 | |
| Recurring financial income | 75 | - | €72 | +€72 | |
| Financial charges | 65/66B | €13,401 | €12,716 | -€685 | -5.1% |
| Recurring financial charges | 65 | €13,401 | €12,716 | -€685 | -5.1% |
| Profit (loss) for the period before taxes | 9903 | €44,180 | €52,725 | +€8,545 | +19.3% |
| Income taxes | 67/77 | €14,057 | €16,700 | +€2,643 | +18.8% |
| Profit (loss) for the period | 9904 | €30,123 | €36,025 | +€5,902 | +19.6% |
| Profit (loss) for the period to be appropriated | 9905 | €30,123 | €36,025 | +€5,902 | +19.6% |
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 19 October 2026 via checked.be.