MARIJO: 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.
MARIJO
Largest movements
- Receivables within one year -€30,213
down €30,213 (-9.0%), from €336,421 to €306,209
of which Other amounts receivable: -€85,000
- Stocks and contracts +€28,405
up €28,405 (+35.5%), from €79,935 to €108,340
- Short-term financial debts -€200,000
down €200,000 (-61.5%), from €325,000 to €125,000
of which Other loans: -€200,000
- Trade debts +€160,521
up €160,521 (+57.2%), from €280,794 to €441,315
- Reserves +€146,967
up €146,967 (+36.3%), from €405,423 to €552,389
of which Distributable reserves: +€146,967
- Debts after one year -€89,418
down €89,418 (-23.8%), from €376,323 to €286,904
- Tax, wage and social debts -€32,765
down €32,765 (-12.2%), from €269,309 to €236,545
- Gross operating margin -€204,458
down €204,458 (-64.9%), from €315,138 to €110,680
- Taxes -€163,106
down €163,106 (-90.9%), from €179,340 to €16,233
- Financial income +€93,914
up €93,914 (+70.7%), from €132,784 to €226,699
- Other operating charges +€59,176
up €59,176 (+447.0%), from €13,239 to €72,415
- Depreciation +€7,878
up €7,878 (+9.7%), from €81,080 to €88,958
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,385,138 | €2,379,498 | -€5,640 | -0.2% |
| Fixed assets | 21/28 | €1,939,035 | €1,951,300 | +€12,265 | +0.6% |
| Tangible fixed assets | 22/27 | €993,599 | €1,005,864 | +€12,265 | +1.2% |
| Land and buildings | 22 | €904,355 | €939,554 | +€35,200 | +3.9% |
| Plant, machinery and equipment | 23 | €6,651 | €12,625 | +€5,974 | +89.8% |
| Furniture and vehicles | 24 | €82,594 | €53,685 | -€28,909 | -35.0% |
| Financial fixed assets | 28 | €945,436 | €945,436 | = | 0.0% |
| Current assets | 29/58 | €446,103 | €428,199 | -€17,905 | -4.0% |
| Stocks and contracts in progress | 3 | €79,935 | €108,340 | +€28,405 | +35.5% |
| Stocks | 30/36 | €79,935 | €108,340 | +€28,405 | +35.5% |
| Amounts receivable within one year | 40/41 | €336,421 | €306,209 | -€30,213 | -9.0% |
| Trade receivables | 40 | €1,421 | €56,209 | +€54,787 | +3855.3% |
| Other amounts receivable | 41 | €335,000 | €250,000 | -€85,000 | -25.4% |
| Cash at bank and in hand | 54/58 | €29,747 | €8,596 | -€21,151 | -71.1% |
| Deferred charges and accrued income | 490/1 | - | €5,054 | +€5,054 | |
| Total equity and liabilities | 10/49 | €2,385,138 | €2,379,498 | -€5,640 | -0.2% |
| Equity | 10/15 | €840,948 | €977,258 | +€136,310 | +16.2% |
| Contributions | 10/11 | €220,625 | €220,625 | = | 0.0% |
| Revaluation surpluses | 12 | €214,900 | €204,243 | -€10,657 | -5.0% |
| Reserves | 13 | €405,423 | €552,389 | +€146,967 | +36.3% |
| Non-distributable reserves | 130/1 | €9,200 | €9,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €9,200 | €9,200 | = | 0.0% |
| Distributable reserves | 133 | €396,223 | €543,189 | +€146,967 | +37.1% |
| Amounts payable | 17/49 | €1,544,191 | €1,402,241 | -€141,950 | -9.2% |
| Amounts payable after more than one year | 17 | €376,323 | €286,904 | -€89,418 | -23.8% |
| Financial debts | 170/4 | €376,323 | €286,904 | -€89,418 | -23.8% |
| Amounts payable within one year | 42/48 | €1,167,868 | €1,113,834 | -€54,034 | -4.6% |
| Current portion of amounts payable after more than one year | 42 | €89,418 | €89,418 | = | 0.0% |
| Financial debts | 43 | €325,000 | €125,000 | -€200,000 | -61.5% |
| Credit institutions | 430/8 | €125,000 | €125,000 | = | 0.0% |
| Other loans | 439 | €200,000 | - | -€200,000 | |
| Trade debts | 44 | €280,794 | €441,315 | +€160,521 | +57.2% |
| Suppliers | 440/4 | €280,794 | €441,315 | +€160,521 | +57.2% |
| Taxes, remuneration and social security | 45 | €269,309 | €236,545 | -€32,765 | -12.2% |
| Taxes | 450/3 | €269,309 | €236,545 | -€32,765 | -12.2% |
| Other amounts payable | 47/48 | €203,347 | €221,556 | +€18,209 | +9.0% |
| Accrued charges and deferred income | 492/3 | - | €1,502 | +€1,502 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €81,080 | €88,958 | +€7,878 | +9.7% |
| Other operating charges | 640/8 | €13,239 | €72,415 | +€59,176 | +447.0% |
| Gross operating margin | 9900 | €315,138 | €110,680 | -€204,458 | -64.9% |
| Operating profit (loss) | 9901 | €220,819 | -€50,693 | -€271,512 | |
| Financial income | 75/76B | €132,784 | €226,699 | +€93,914 | +70.7% |
| Recurring financial income | 75 | €132,784 | €226,699 | +€93,914 | +70.7% |
| Financial charges | 65/66B | €17,941 | €23,462 | +€5,521 | +30.8% |
| Recurring financial charges | 65 | €17,941 | €23,462 | +€5,521 | +30.8% |
| Profit (loss) for the period before taxes | 9903 | €335,662 | €152,543 | -€183,119 | -54.6% |
| Income taxes | 67/77 | €179,340 | €16,233 | -€163,106 | -90.9% |
| Profit (loss) for the period | 9904 | €156,323 | €136,310 | -€20,013 | -12.8% |
| Profit (loss) for the period to be appropriated | 9905 | €156,323 | €136,310 | -€20,013 | -12.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.