MARIES' WOOD: what changed
MARIES' WOOD
Largest movements
- Tangible fixed assets -€17,341
down €17,341 (-100%), from €17,341 to €0
- Receivables within one year +€11,819
up €11,819 (+366%), from €3,227 to €15,046
of which Trade receivables: +€9,264
- Cash -€5,630
down €5,630 (-10.7%), from €52,410 to €46,779
mainly Receivables within one year (-€11,819) and Net result for the year (-€10,273)
- Profit (loss) carried forward -€10,273
down €10,273 (-63.3%), from -€16,229 to -€26,502
- Other debts -€4,688
down €4,688 (-6.9%), from €67,580 to €62,892
- Trade debts +€4,550
up €4,550, from €0 to €4,550
- Tax, wage and social debts -€773
down €773 (-84.6%), from €914 to €141
of which Remuneration and social security: -€457
- Other operating charges +€14,957
up €14,957 (+1,064%), from €1,406 to €16,363
- Depreciation -€13,211
down €13,211 (-100%), from €13,211 to €0
- Gross operating margin -€9,127
down €9,127, from €6,689 to -€2,438
- Write-downs -€8,880
new in 2025: -€8,880
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €77,265 | €66,081 | -€11,184 | -14.5% |
| Fixed assets | 21/28 | €17,371 | €30 | -€17,341 | -99.8% |
| Tangible fixed assets | 22/27 | €17,341 | €0 | -€17,341 | -100% |
| Furniture and vehicles | 24 | €17,341 | €0 | -€17,341 | -100% |
| Financial fixed assets | 28 | €30 | €30 | = | 0.0% |
| Current assets | 29/58 | €59,894 | €66,051 | +€6,157 | +10.3% |
| Stocks and contracts in progress | 3 | €4,135 | €4,135 | = | 0.0% |
| Stocks | 30/36 | €4,135 | €4,135 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €3,227 | €15,046 | +€11,819 | +366% |
| Trade receivables | 40 | €3,104 | €12,368 | +€9,264 | +298% |
| Other amounts receivable | 41 | €123 | €2,678 | +€2,555 | +2,076% |
| Cash at bank and in hand | 54/58 | €52,410 | €46,779 | -€5,630 | -10.7% |
| Deferred charges and accrued income | 490/1 | €122 | €90 | -€32 | -26.0% |
| Total equity and liabilities | 10/49 | €77,265 | €66,081 | -€11,184 | -14.5% |
| Equity | 10/15 | €8,772 | -€1,502 | -€10,273 | |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,229 | -€26,502 | -€10,273 | -63.3% |
| Amounts payable | 17/49 | €68,494 | €67,583 | -€911 | -1.3% |
| Amounts payable within one year | 42/48 | €68,494 | €67,583 | -€911 | -1.3% |
| Trade debts | 44 | €0 | €4,550 | +€4,550 | |
| Suppliers | 440/4 | €0 | €4,550 | +€4,550 | |
| Taxes, remuneration and social security | 45 | €914 | €141 | -€773 | -84.6% |
| Taxes | 450/3 | €456 | €141 | -€315 | -69.1% |
| Remuneration and social security | 454/9 | €457 | €0 | -€457 | -100% |
| Other amounts payable | 47/48 | €67,580 | €62,892 | -€4,688 | -6.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,211 | €0 | -€13,211 | -100% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€8,880 | -€8,880 | |
| Other operating charges | 640/8 | €1,406 | €16,363 | +€14,957 | +1,064% |
| Gross operating margin | 9900 | €6,689 | -€2,438 | -€9,127 | |
| Operating profit (loss) | 9901 | -€7,929 | -€9,921 | -€1,993 | -25.1% |
| Financial charges | 65/66B | €165 | €211 | +€46 | +27.7% |
| Recurring financial charges | 65 | €165 | €211 | +€46 | +27.7% |
| Profit (loss) for the period before taxes | 9903 | -€8,094 | -€10,132 | -€2,038 | -25.2% |
| Income taxes | 67/77 | €128 | €141 | +€13 | +10.0% |
| Profit (loss) for the period | 9904 | -€8,222 | -€10,273 | -€2,051 | -24.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,222 | -€10,273 | -€2,051 | -24.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.