MARIETTI: 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.
MARIETTI
Largest movements
- Tangible fixed assets -€16,605
down €16,605 (-27.8%), from €59,805 to €43,200
of which Furniture and vehicles: -€9,158
- Receivables within one year -€3,316
down €3,316 (-27.1%), from €12,249 to €8,933
of which Trade receivables: -€2,596
- Cash -€1,505
down €1,505 (-8.2%), from €18,433 to €16,928
mainly Debts after one year (-€15,231) and Trade debts (-€4,844)
- Deferred charges and accrued income +€1,157
up €1,157 (+116%), from €1,000 to €2,157
- Debts after one year -€15,231
down €15,231 (-73.1%), from €20,836 to €5,605
- Trade debts -€4,844
down €4,844 (-38.5%), from €12,584 to €7,740
- Other debts -€1,264
down €1,264 (-8.9%), from €14,122 to €12,858
- Gross operating margin -€2,798
down €2,798 (-11.7%), from €23,961 to €21,163
- Other operating charges -€532
down €532 (-20.5%), from €2,593 to €2,060
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 | €96,134 | €76,615 | -€19,519 | -20.3% |
| Fixed assets | 21/28 | €60,202 | €43,597 | -€16,605 | -27.6% |
| Tangible fixed assets | 22/27 | €59,805 | €43,200 | -€16,605 | -27.8% |
| Land and buildings | 22 | €15,401 | €12,069 | -€3,332 | -21.6% |
| Plant, machinery and equipment | 23 | €9,954 | €5,840 | -€4,114 | -41.3% |
| Furniture and vehicles | 24 | €34,449 | €25,291 | -€9,158 | -26.6% |
| Financial fixed assets | 28 | €397 | €397 | = | 0.0% |
| Current assets | 29/58 | €35,932 | €33,018 | -€2,914 | -8.1% |
| Stocks and contracts in progress | 3 | €4,250 | €5,000 | +€750 | +17.6% |
| Stocks | 30/36 | €4,250 | €5,000 | +€750 | +17.6% |
| Amounts receivable within one year | 40/41 | €12,249 | €8,933 | -€3,316 | -27.1% |
| Trade receivables | 40 | €11,529 | €8,933 | -€2,596 | -22.5% |
| Other amounts receivable | 41 | €720 | - | -€720 | |
| Cash at bank and in hand | 54/58 | €18,433 | €16,928 | -€1,505 | -8.2% |
| Deferred charges and accrued income | 490/1 | €1,000 | €2,157 | +€1,157 | +116% |
| Total equity and liabilities | 10/49 | €96,134 | €76,615 | -€19,519 | -20.3% |
| Equity | 10/15 | €32,710 | €33,277 | +€567 | +1.7% |
| Contributions | 10/11 | €8,676 | €8,676 | = | 0.0% |
| Capital | 10 | €8,676 | €8,676 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Uncalled capital | 101 | €9,916 | €9,916 | = | 0.0% |
| Reserves | 13 | €27,781 | €27,781 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €25,922 | €25,922 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,747 | -€3,180 | +€567 | +15.1% |
| Amounts payable | 17/49 | €63,423 | €43,338 | -€20,086 | -31.7% |
| Amounts payable after more than one year | 17 | €20,836 | €5,605 | -€15,231 | -73.1% |
| Financial debts | 170/4 | €20,836 | €5,605 | -€15,231 | -73.1% |
| Amounts payable within one year | 42/48 | €42,588 | €37,733 | -€4,855 | -11.4% |
| Current portion of amounts payable after more than one year | 42 | €15,194 | €15,743 | +€549 | +3.6% |
| Trade debts | 44 | €12,584 | €7,740 | -€4,844 | -38.5% |
| Suppliers | 440/4 | €12,584 | €7,740 | -€4,844 | -38.5% |
| Taxes, remuneration and social security | 45 | €688 | €1,392 | +€704 | +102% |
| Taxes | 450/3 | €688 | €1,392 | +€704 | +102% |
| Other amounts payable | 47/48 | €14,122 | €12,858 | -€1,264 | -8.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,555 | €16,605 | +€50 | +0.3% |
| Other operating charges | 640/8 | €2,593 | €2,060 | -€532 | -20.5% |
| Gross operating margin | 9900 | €23,961 | €21,163 | -€2,798 | -11.7% |
| Operating profit (loss) | 9901 | €4,814 | €2,498 | -€2,316 | -48.1% |
| Financial income | 75/76B | €4 | €5 | +€2 | +54.6% |
| Recurring financial income | 75 | €4 | €5 | +€2 | +54.6% |
| Financial charges | 65/66B | €2,136 | €1,936 | -€200 | -9.4% |
| Recurring financial charges | 65 | €2,136 | €1,936 | -€200 | -9.4% |
| Profit (loss) for the period before taxes | 9903 | €2,681 | €567 | -€2,114 | -78.9% |
| Profit (loss) for the period | 9904 | €2,681 | €567 | -€2,114 | -78.9% |
| Profit (loss) for the period to be appropriated | 9905 | €2,681 | €567 | -€2,114 | -78.9% |
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 25 October 2026 via checked.be.