MARIFLOR: what changed
Two fiscal 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.
MARIFLOR
Largest movements
- Cash +€18,338
up €18,338 (+24.5%), from €74,775 to €93,113
mainly Net result for the year (+€32,178) and Depreciation (+€8,761)
- Receivables within one year +€16,303
up €16,303 (+52.5%), from €31,046 to €47,348
of which Trade receivables: +€19,958
- Tangible fixed assets -€8,761
down €8,761 (-58.4%), from €15,012 to €6,251
of which Furniture and vehicles: -€6,329
- Profit (loss) carried forward +€32,178
up €32,178 (+40.2%), from €80,082 to €112,260
- Tax, wage and social debts -€2,695
down €2,695 (-14.9%), from €18,075 to €15,379
- Other debts -€1,918
down €1,918 (-14.6%), from €13,112 to €11,194
- Gross operating margin +€25,786
up €25,786 (+86.7%), from €29,727 to €55,513
- Taxes +€6,776
up €6,776 (+116.7%), from €5,805 to €12,581
- Other operating charges -€595
down €595 (-59.5%), from €999 to €404
- Financial charges -€559
down €559 (-26.0%), from €2,147 to €1,588
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.
Cash bridge derived
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 | €123,339 | €149,695 | +€26,356 | +21.4% |
| Fixed assets | 21/28 | €15,414 | €6,653 | -€8,761 | -56.8% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €15,012 | €6,251 | -€8,761 | -58.4% |
| Plant, machinery and equipment | 23 | €7,901 | €5,469 | -€2,432 | -30.8% |
| Furniture and vehicles | 24 | €7,112 | €782 | -€6,329 | -89.0% |
| Financial fixed assets | 28 | €402 | €402 | = | 0.0% |
| Current assets | 29/58 | €107,926 | €143,042 | +€35,117 | +32.5% |
| Stocks and contracts in progress | 3 | €1,619 | €2,069 | +€450 | +27.8% |
| Stocks | 30/36 | €1,619 | €2,069 | +€450 | +27.8% |
| Amounts receivable within one year | 40/41 | €31,046 | €47,348 | +€16,303 | +52.5% |
| Trade receivables | 40 | €27,391 | €47,348 | +€19,958 | +72.9% |
| Other amounts receivable | 41 | €3,655 | - | -€3,655 | |
| Cash at bank and in hand | 54/58 | €74,775 | €93,113 | +€18,338 | +24.5% |
| Deferred charges and accrued income | 490/1 | €485 | €512 | +€26 | +5.5% |
| Total equity and liabilities | 10/49 | €123,339 | €149,695 | +€26,356 | +21.4% |
| Equity | 10/15 | €81,718 | €113,896 | +€32,178 | +39.4% |
| Contributions | 10/11 | €1,636 | €1,636 | = | 0.0% |
| Profit (loss) carried forward | 14 | €80,082 | €112,260 | +€32,178 | +40.2% |
| Amounts payable | 17/49 | €41,622 | €35,799 | -€5,822 | -14.0% |
| Amounts payable within one year | 42/48 | €41,591 | €35,768 | -€5,823 | -14.0% |
| Trade debts | 44 | €10,405 | €9,195 | -€1,210 | -11.6% |
| Suppliers | 440/4 | €10,405 | €9,195 | -€1,210 | -11.6% |
| Taxes, remuneration and social security | 45 | €18,075 | €15,379 | -€2,695 | -14.9% |
| Taxes | 450/3 | €18,075 | €15,379 | -€2,695 | -14.9% |
| Other amounts payable | 47/48 | €13,112 | €11,194 | -€1,918 | -14.6% |
| Accrued charges and deferred income | 492/3 | €30 | €31 | +€1 | +3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,873 | €8,761 | -€113 | -1.3% |
| Other operating charges | 640/8 | €999 | €404 | -€595 | -59.5% |
| Gross operating margin | 9900 | €29,727 | €55,513 | +€25,786 | +86.7% |
| Operating profit (loss) | 9901 | €19,855 | €46,348 | +€26,493 | +133.4% |
| Financial charges | 65/66B | €2,147 | €1,588 | -€559 | -26.0% |
| Recurring financial charges | 65 | €2,147 | €1,588 | -€559 | -26.0% |
| Profit (loss) for the period before taxes | 9903 | €17,708 | €44,760 | +€27,052 | +152.8% |
| Income taxes | 67/77 | €5,805 | €12,581 | +€6,776 | +116.7% |
| Profit (loss) for the period | 9904 | €11,902 | €32,178 | +€20,276 | +170.4% |
| Profit (loss) for the period to be appropriated | 9905 | €11,902 | €32,178 | +€20,276 | +170.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.