MARIETIENNE: 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.
MARIETIENNE
Largest movements
- Cash +€10,334
up €10,334 (+166%), from €6,210 to €16,544
mainly Net result for the year (+€22,092) and Other debts (+€1,773)
- Receivables within one year +€9,748
up €9,748 (+53.9%), from €18,094 to €27,842
- Deferred charges and accrued income +€492
new in 2025: €492
- Tangible fixed assets -€490
down €490 (-14.8%), from €3,301 to €2,812
of which Furniture and vehicles: -€255
- Profit (loss) carried forward +€22,092
up €22,092 (+141%), from €15,663 to €37,755
- Tax, wage and social debts -€1,979
down €1,979 (-28.7%), from €6,883 to €4,905
- Trade debts -€1,803
down €1,803 (-65.0%), from €2,773 to €970
- Other debts +€1,773
up €1,773 (+620%), from €286 to €2,059
- Gross operating margin +€10,137
up €10,137 (+50.7%), from €19,990 to €30,127
- Taxes +€3,473
up €3,473 (+87.0%), from €3,992 to €7,465
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 | €27,605 | €47,689 | +€20,084 | +72.8% |
| Fixed assets | 21/28 | €3,301 | €2,812 | -€490 | -14.8% |
| Tangible fixed assets | 22/27 | €3,301 | €2,812 | -€490 | -14.8% |
| Plant, machinery and equipment | 23 | €2,132 | €1,897 | -€235 | -11.0% |
| Furniture and vehicles | 24 | €1,169 | €914 | -€255 | -21.8% |
| Current assets | 29/58 | €24,304 | €44,877 | +€20,574 | +84.7% |
| Amounts receivable within one year | 40/41 | €18,094 | €27,842 | +€9,748 | +53.9% |
| Trade receivables | 40 | €18,094 | €27,842 | +€9,748 | +53.9% |
| Cash at bank and in hand | 54/58 | €6,210 | €16,544 | +€10,334 | +166% |
| Deferred charges and accrued income | 490/1 | - | €492 | +€492 | |
| Total equity and liabilities | 10/49 | €27,605 | €47,689 | +€20,084 | +72.8% |
| Equity | 10/15 | €17,663 | €39,755 | +€22,092 | +125% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,663 | €37,755 | +€22,092 | +141% |
| Amounts payable | 17/49 | €9,942 | €7,934 | -€2,009 | -20.2% |
| Amounts payable within one year | 42/48 | €9,942 | €7,934 | -€2,009 | -20.2% |
| Trade debts | 44 | €2,773 | €970 | -€1,803 | -65.0% |
| Suppliers | 440/4 | €2,773 | €970 | -€1,803 | -65.0% |
| Taxes, remuneration and social security | 45 | €6,883 | €4,905 | -€1,979 | -28.7% |
| Taxes | 450/3 | €6,883 | €4,905 | -€1,979 | -28.7% |
| Other amounts payable | 47/48 | €286 | €2,059 | +€1,773 | +620% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €321 | €490 | +€168 | +52.4% |
| Gross operating margin | 9900 | €19,990 | €30,127 | +€10,137 | +50.7% |
| Operating profit (loss) | 9901 | €19,668 | €29,637 | +€9,969 | +50.7% |
| Financial income | 75/76B | €15 | €10 | -€5 | -34.9% |
| Recurring financial income | 75 | €15 | €10 | -€5 | -34.9% |
| Financial charges | 65/66B | €29 | €90 | +€61 | +211% |
| Recurring financial charges | 65 | €29 | €90 | +€61 | +211% |
| Profit (loss) for the period before taxes | 9903 | €19,655 | €29,557 | +€9,902 | +50.4% |
| Income taxes | 67/77 | €3,992 | €7,465 | +€3,473 | +87.0% |
| Profit (loss) for the period | 9904 | €15,663 | €22,092 | +€6,430 | +41.1% |
| Profit (loss) for the period to be appropriated | 9905 | €15,663 | €22,092 | +€6,430 | +41.1% |
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 19 October 2026 via checked.be.