MARIKA HARJULA: what changed
You see two financial years side by side: what moved most in the balance sheet and the result, why the result rose or fell and where the money went.
MARIKA HARJULA
Largest movements
- Cash -€66,889
down €66,889 (-14.5%), from €460,024 to €393,135
mainly Contributions, distributions and other (-€210,000) and Other debts (-€70,000)
- Receivables within one year +€7,740
up €7,740 (+8.1%), from €95,008 to €102,748
- Other debts -€70,000
down €70,000 (-29.8%), from €235,000 to €165,000
- Profit (loss) carried forward +€21,679
up €21,679 (+12.7%), from €170,449 to €192,128
- Tax, wage and social debts -€10,443
down €10,443 (-7.7%), from €135,129 to €124,686
- Gross operating margin +€53,408
up €53,408 (+23.2%), from €230,055 to €283,463
- Taxes +€17,019
up €17,019 (+42.7%), from €39,867 to €56,886
- Staff costs -€3,681
no longer reported in 2025 (was €3,681)
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €555,282 | €496,133 | -€59,150 | -10.7% |
| Fixed assets | 21/28 | €250 | €250 | = | 0.0% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €555,032 | €495,883 | -€59,150 | -10.7% |
| Amounts receivable within one year | 40/41 | €95,008 | €102,748 | +€7,740 | +8.1% |
| Other amounts receivable | 41 | €95,008 | €102,748 | +€7,740 | +8.1% |
| Cash at bank and in hand | 54/58 | €460,024 | €393,135 | -€66,889 | -14.5% |
| Total equity and liabilities | 10/49 | €555,282 | €496,133 | -€59,150 | -10.7% |
| Equity | 10/15 | €184,709 | €206,388 | +€21,679 | +11.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €170,449 | €192,128 | +€21,679 | +12.7% |
| Amounts payable | 17/49 | €370,573 | €289,745 | -€80,828 | -21.8% |
| Amounts payable within one year | 42/48 | €370,573 | €289,745 | -€80,828 | -21.8% |
| Trade debts | 44 | €444 | €59 | -€385 | -86.7% |
| Suppliers | 440/4 | €444 | €59 | -€385 | -86.7% |
| Taxes, remuneration and social security | 45 | €135,129 | €124,686 | -€10,443 | -7.7% |
| Taxes | 450/3 | €135,129 | €124,686 | -€10,443 | -7.7% |
| Other amounts payable | 47/48 | €235,000 | €165,000 | -€70,000 | -29.8% |
| Remuneration, social security and pensions | 62 | €3,681 | - | -€3,681 | |
| Other operating charges | 640/8 | €822 | €400 | -€422 | -51.4% |
| Gross operating margin | 9900 | €230,055 | €283,463 | +€53,408 | +23.2% |
| Operating profit (loss) | 9901 | €225,552 | €283,064 | +€57,512 | +25.5% |
| Financial income | 75/76B | €3,913 | €5,986 | +€2,073 | +53.0% |
| Recurring financial income | 75 | €3,913 | €5,986 | +€2,073 | +53.0% |
| Financial charges | 65/66B | €299 | €485 | +€186 | +62.2% |
| Recurring financial charges | 65 | €299 | €485 | +€186 | +62.2% |
| Profit (loss) for the period before taxes | 9903 | €229,166 | €288,565 | +€59,398 | +25.9% |
| Income taxes | 67/77 | €39,867 | €56,886 | +€17,019 | +42.7% |
| Profit (loss) for the period | 9904 | €189,300 | €231,679 | +€42,379 | +22.4% |
| Profit (loss) for the period to be appropriated | 9905 | €189,300 | €231,679 | +€42,379 | +22.4% |
Source: filed annual accounts (NBB), financial years ended 30 November 2024 and 30 November 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.