Marilie: 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.
Marilie
Largest movements
- Receivables within one year -€800,470
down €800,470 (-56.6%), from €1.4m to €614,491
of which Other amounts receivable: -€987,215
- Cash +€432,131
up €432,131 (+183%), from €236,251 to €668,382
mainly Receivables within one year (+€800,470) and Net result for the year (+€359,594)
- Tangible fixed assets -€55,807
down €55,807 (-15.9%), from €351,109 to €295,302
- Reserves -€528,105
down €528,105 (-27.2%), from €1.9m to €1.4m
- Other debts +€102,352
up €102,352 (+43.5%), from €235,067 to €337,419
- Gross operating margin -€184,383
down €184,383 (-25.8%), from €715,078 to €530,695
- Taxes -€57,267
down €57,267 (-25.3%), from €226,676 to €169,409
- Financial income -€28,737
down €28,737 (-31.3%), from €91,669 to €62,932
- Financial charges -€28,460
down €28,460 (-99.3%), from €28,661 to €201
of which Financial charges: -€19,175
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 | €2,272,589 | €1,867,217 | -€405,372 | -17.8% |
| Fixed assets | 21/28 | €443,323 | €387,516 | -€55,807 | -12.6% |
| Tangible fixed assets | 22/27 | €351,109 | €295,302 | -€55,807 | -15.9% |
| Land and buildings | 22 | €126,164 | €118,627 | -€7,538 | -6.0% |
| Plant, machinery and equipment | 23 | €127,337 | €102,796 | -€24,540 | -19.3% |
| Furniture and vehicles | 24 | €97,608 | €73,879 | -€23,729 | -24.3% |
| Financial fixed assets | 28 | €92,214 | €92,214 | = | 0.0% |
| Current assets | 29/58 | €1,829,266 | €1,479,701 | -€349,565 | -19.1% |
| Amounts receivable after more than one year | 29 | €150,002 | €150,002 | = | 0.0% |
| Other amounts receivable | 291 | €150,002 | €150,002 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,414,960 | €614,491 | -€800,470 | -56.6% |
| Trade receivables | 40 | €57,487 | €244,232 | +€186,745 | +325% |
| Other amounts receivable | 41 | €1,357,473 | €370,259 | -€987,215 | -72.7% |
| Cash at bank and in hand | 54/58 | €236,251 | €668,382 | +€432,131 | +183% |
| Deferred charges and accrued income | 490/1 | €28,053 | €46,827 | +€18,774 | +66.9% |
| Total equity and liabilities | 10/49 | €2,272,589 | €1,867,217 | -€405,372 | -17.8% |
| Equity | 10/15 | €1,951,274 | €1,423,169 | -€528,105 | -27.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,938,874 | €1,410,769 | -€528,105 | -27.2% |
| Distributable reserves | 133 | €1,938,874 | €1,410,769 | -€528,105 | -27.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €321,314 | €444,047 | +€122,733 | +38.2% |
| Amounts payable within one year | 42/48 | €321,314 | €444,047 | +€122,733 | +38.2% |
| Trade debts | 44 | €1,726 | €3,189 | +€1,463 | +84.7% |
| Suppliers | 440/4 | €1,726 | €3,189 | +€1,463 | +84.7% |
| Taxes, remuneration and social security | 45 | €84,521 | €103,440 | +€18,918 | +22.4% |
| Taxes | 450/3 | €84,521 | €103,440 | +€18,918 | +22.4% |
| Other amounts payable | 47/48 | €235,067 | €337,419 | +€102,352 | +43.5% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,134 | €60,274 | +€6,140 | +11.3% |
| Other operating charges | 640/8 | €6,407 | €4,149 | -€2,258 | -35.2% |
| Gross operating margin | 9900 | €715,078 | €530,695 | -€184,383 | -25.8% |
| Operating profit (loss) | 9901 | €654,537 | €466,272 | -€188,265 | -28.8% |
| Financial income | 75/76B | €91,669 | €62,932 | -€28,737 | -31.3% |
| Recurring financial income | 75 | €91,669 | €62,932 | -€28,737 | -31.3% |
| Financial charges | 65/66B | €28,661 | €201 | -€28,460 | -99.3% |
| Recurring financial charges | 65 | €19,377 | €201 | -€19,175 | -99.0% |
| Non-recurring financial charges | 66B | €9,285 | €0 | -€9,285 | -100% |
| Profit (loss) for the period before taxes | 9903 | €717,545 | €529,003 | -€188,542 | -26.3% |
| Income taxes | 67/77 | €226,676 | €169,409 | -€57,267 | -25.3% |
| Profit (loss) for the period | 9904 | €490,869 | €359,594 | -€131,275 | -26.7% |
| Profit (loss) for the period to be appropriated | 9905 | €490,869 | €359,594 | -€131,275 | -26.7% |
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 15 October 2026 via checked.be.