MARIGO: 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.
MARIGO
Largest movements
- Cash -€80,231
down €80,231 (-84.0%), from €95,492 to €15,261
mainly Investment in fixed assets (net) (-€75,000) and Net result for the year (-€4,982)
- Financial fixed assets +€75,000
up €75,000 (+2441.4%), from €3,072 to €78,072
- Tangible fixed assets -€1,858
down €1,858 (-67.6%), from €2,750 to €892
of which Furniture and vehicles: -€1,461
- Receivables after one year -€1,670
no longer reported in 2025 (was €1,670)
- Receivables within one year +€1,329
new in 2025: €1,329
- Profit (loss) carried forward -€4,982
down €4,982 (-130.8%), from -€3,808 to -€8,790
- Debts after one year -€1,393
no longer reported in 2025 (was €1,393)
- Current portion of long-term debt -€1,284
no longer reported in 2025 (was €1,284)
- Turnover -€19,573
down €19,573 (-88.1%), from €22,213 to €2,640
- Gross operating margin -€12,698
down €12,698, from €9,865 to -€2,833
- Purchases and services -€12,347
no longer reported in 2025 (was €12,347)
- Depreciation -€307
down €307 (-14.2%), from €2,165 to €1,858
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 | €102,984 | €95,554 | -€7,430 | -7.2% |
| Fixed assets | 21/28 | €5,822 | €78,964 | +€73,142 | +1256.3% |
| Tangible fixed assets | 22/27 | €2,750 | €892 | -€1,858 | -67.6% |
| Plant, machinery and equipment | 23 | €793 | €396 | -€397 | -50.1% |
| Furniture and vehicles | 24 | €1,957 | €496 | -€1,461 | -74.7% |
| Financial fixed assets | 28 | €3,072 | €78,072 | +€75,000 | +2441.4% |
| Current assets | 29/58 | €97,162 | €16,590 | -€80,572 | -82.9% |
| Amounts receivable after more than one year | 29 | €1,670 | - | -€1,670 | |
| Trade receivables | 290 | €1,670 | - | -€1,670 | |
| Amounts receivable within one year | 40/41 | - | €1,329 | +€1,329 | |
| Other amounts receivable | 41 | - | €1,329 | +€1,329 | |
| Cash at bank and in hand | 54/58 | €95,492 | €15,261 | -€80,231 | -84.0% |
| Total equity and liabilities | 10/49 | €102,984 | €95,554 | -€7,430 | -7.2% |
| Equity | 10/15 | €100,307 | €95,325 | -€4,982 | -5.0% |
| Contributions | 10/11 | €99,157 | €99,157 | = | 0.0% |
| Reserves | 13 | €4,958 | €4,958 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,958 | €4,958 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,958 | €4,958 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,808 | -€8,790 | -€4,982 | -130.8% |
| Amounts payable | 17/49 | €2,677 | €229 | -€2,448 | -91.4% |
| Amounts payable after more than one year | 17 | €1,393 | - | -€1,393 | |
| Other amounts payable | 178/9 | €1,393 | - | -€1,393 | |
| Amounts payable within one year | 42/48 | €1,284 | €229 | -€1,055 | -82.2% |
| Current portion of amounts payable after more than one year | 42 | €1,284 | - | -€1,284 | |
| Other amounts payable | 47/48 | - | €229 | +€229 | |
| Turnover | 70 | €22,213 | €2,640 | -€19,573 | -88.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €12,347 | - | -€12,347 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,165 | €1,858 | -€307 | -14.2% |
| Other operating charges | 640/8 | €384 | €387 | +€3 | +0.8% |
| Gross operating margin | 9900 | €9,865 | -€2,833 | -€12,698 | |
| Operating profit (loss) | 9901 | €7,316 | -€5,078 | -€12,394 | |
| Financial income | 75/76B | €150 | €150 | = | 0.0% |
| Recurring financial income | 75 | €150 | €150 | = | 0.0% |
| Non-recurring financial income | 76B | €150 | €150 | = | 0.0% |
| Financial charges | 65/66B | €54 | €54 | = | 0.0% |
| Recurring financial charges | 65 | €54 | €54 | = | 0.0% |
| Non-recurring financial charges | 66B | €54 | €54 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €7,412 | -€4,982 | -€12,394 | |
| Profit (loss) for the period | 9904 | €7,412 | -€4,982 | -€12,394 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,412 | -€4,982 | -€12,394 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.