MARIMMO: 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.
What changed
MARIMMO
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
-€208,269
2023 · -€153,315-€54,953
Equity
€6.4m
2023 · €6.6m-€217,562
Cash
€150,098
2023 · €321,717-€171,619
Balance sheet total
€15.8m
2023 · €16.5m-€676,380
Largest movements
Assets
- Tangible fixed assets -€677,775
down €677,775 (-4.9%), from €13.8m to €13.1m
of which Land and buildings: -€562,291
- Cash -€171,619
down €171,619 (-53.3%), from €321,717 to €150,098
mainly Debts after one year (-€811,595) and Investment in fixed assets (net) (-€265,763)
Equity and liabilities
- Debts after one year -€811,595
down €811,595 (-12.4%), from €6.5m to €5.7m
- Other debts +€559,076
up €559,076 (+74.5%), from €749,997 to €1.3m
- Reserves -€282,627
down €282,627 (-5.8%), from €4.9m to €4.6m
of which Tax-exempt reserves: -€282,627
Income statement
- Turnover +€51,738
up €51,738 (+5.2%), from €989,956 to €1.0m
- Depreciation +€34,266
up €34,266 (+3.8%), from €909,273 to €943,538
- Services and other goods +€22,652
up €22,652 (+10.6%), from €213,002 to €235,655
- Taxes +€19,854
up €19,854 (+40.5%), from €49,000 to €68,854
of which Taxes: +€24,000
- Financial income -€13,059
down €13,059 (-11.1%), from €118,161 to €105,102
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.
Result 2023
-€153,315
Turnover
+€51,738
Other operating income
-€8,924
Services and other goods
-€22,652
Depreciation
-€34,266
Other operating charges
-€1,955
Financial income
-€13,059
Financial charges
-€5,982
Taxes
-€19,854
Result 2024
-€208,269
raises the resultlowers the result
Derived cash bridge
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.
From operations
+€1.0m
Investment
-€252,780
Financing
-€943,344
Cash 2023
€321,717
From operations (derived)
+€1.0m
Net result for the year
-€208,269
Depreciation
+€943,538
Receivables within one year
-€150,829
Deferred charges and accrued income
-€35,168
Provisions
-€93,021
Trade debts
-€22,818
Tax, wage and social debts
+€24,000
Other debts
+€559,076
Accrued charges and deferred income
+€7,995
Investment (derived)
-€252,780
Investment in fixed assets (net)
-€265,763
Current investments
+€12,983
Financing
-€943,344
Debts after one year
-€811,595
Current portion of long-term debt
-€123,646
Short-term financial debts
+€1,190
Contributions, distributions and other
-€9,293
Cash 2024
€150,098
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €16,524,514 | €15,848,133 | -€676,380 | -4.1% |
| Fixed assets | 21/28 | €14,177,939 | €13,500,164 | -€677,775 | -4.8% |
| Tangible fixed assets | 22/27 | €13,794,182 | €13,116,406 | -€677,775 | -4.9% |
| Land and buildings | 22 | €11,784,815 | €11,222,524 | -€562,291 | -4.8% |
| Plant, machinery and equipment | 23 | €605,816 | €563,744 | -€42,071 | -6.9% |
| Furniture and vehicles | 24 | €155,242 | €138,411 | -€16,830 | -10.8% |
| Leasing and similar rights | 25 | €100,700 | €84,898 | -€15,802 | -15.7% |
| Other tangible fixed assets | 26 | €1,147,610 | €1,102,773 | -€44,837 | -3.9% |
| Assets under construction and advance payments | 27 | €0 | €4,056 | +€4,056 | |
| Financial fixed assets | 28 | €383,757 | €383,757 | = | 0.0% |
| Affiliated companies | 280/1 | €383,757 | €383,757 | = | 0.0% |
| Participating interests | 280 | €383,757 | €383,757 | = | 0.0% |
| Current assets | 29/58 | €2,346,575 | €2,347,970 | +€1,395 | +0.1% |
| Amounts receivable within one year | 40/41 | €2,011,187 | €2,162,015 | +€150,829 | +7.5% |
| Trade receivables | 40 | €18,444 | €97,017 | +€78,574 | +426% |
| Other amounts receivable | 41 | €1,992,743 | €2,064,998 | +€72,255 | +3.6% |
| Current investments | 50/53 | €13,671 | €689 | -€12,983 | -95.0% |
| Other investments | 51/53 | €13,671 | €689 | -€12,983 | -95.0% |
| Cash at bank and in hand | 54/58 | €321,717 | €150,098 | -€171,619 | -53.3% |
| Deferred charges and accrued income | 490/1 | €0 | €35,168 | +€35,168 | |
| Total equity and liabilities | 10/49 | €16,524,514 | €15,848,133 | -€676,380 | -4.1% |
| Equity | 10/15 | €6,625,563 | €6,408,001 | -€217,562 | -3.3% |
| Contributions | 10/11 | €985,000 | €985,000 | = | 0.0% |
| Capital | 10 | €985,000 | €985,000 | = | 0.0% |
| Issued capital | 100 | €985,000 | €985,000 | = | 0.0% |
| Reserves | 13 | €4,900,082 | €4,617,455 | -€282,627 | -5.8% |
| Non-distributable reserves | 130/1 | €98,500 | €98,500 | = | 0.0% |
| Legal reserve | 130 | €98,500 | €98,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €4,648,182 | €4,365,555 | -€282,627 | -6.1% |
| Distributable reserves | 133 | €153,400 | €153,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €628,960 | €703,319 | +€74,359 | +11.8% |
| Investment grants | 15 | €111,520 | €102,227 | -€9,293 | -8.3% |
| Provisions and deferred taxes | 16 | €1,595,140 | €1,502,119 | -€93,021 | -5.8% |
| Deferred taxes | 168 | €1,595,140 | €1,502,119 | -€93,021 | -5.8% |
| Amounts payable | 17/49 | €8,303,810 | €7,938,013 | -€365,797 | -4.4% |
| Amounts payable after more than one year | 17 | €6,532,106 | €5,720,511 | -€811,595 | -12.4% |
| Financial debts | 170/4 | €6,532,106 | €5,720,511 | -€811,595 | -12.4% |
| Leasing and similar obligations | 172 | €39,032 | €6,967 | -€32,066 | -82.2% |
| Credit institutions | 173 | €6,493,073 | €5,713,544 | -€779,529 | -12.0% |
| Amounts payable within one year | 42/48 | €1,769,817 | €2,207,619 | +€437,802 | +24.7% |
| Current portion of amounts payable after more than one year | 42 | €935,247 | €811,601 | -€123,646 | -13.2% |
| Financial debts | 43 | €41,881 | €43,071 | +€1,190 | +2.8% |
| Credit institutions | 430/8 | €41,881 | €43,071 | +€1,190 | +2.8% |
| Trade debts | 44 | €42,333 | €19,515 | -€22,818 | -53.9% |
| Suppliers | 440/4 | €42,333 | €19,515 | -€22,818 | -53.9% |
| Taxes, remuneration and social security | 45 | €360 | €24,360 | +€24,000 | +6,667% |
| Taxes | 450/3 | €360 | €24,360 | +€24,000 | +6,667% |
| Other amounts payable | 47/48 | €749,997 | €1,309,073 | +€559,076 | +74.5% |
| Accrued charges and deferred income | 492/3 | €1,887 | €9,883 | +€7,995 | +424% |
| Operating income | 70/76A | €1,082,855 | €1,125,669 | +€42,815 | +4.0% |
| Turnover | 70 | €989,956 | €1,041,694 | +€51,738 | +5.2% |
| Other operating income | 74 | €92,899 | €83,975 | -€8,924 | -9.6% |
| Operating charges | 60/66A | €1,171,405 | €1,230,278 | +€58,873 | +5.0% |
| Services and other goods | 61 | €213,002 | €235,655 | +€22,652 | +10.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €909,273 | €943,538 | +€34,266 | +3.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €49,130 | €51,085 | +€1,955 | +4.0% |
| Operating profit (loss) | 9901 | -€88,550 | -€104,609 | -€16,058 | -18.1% |
| Financial income | 75/76B | €118,161 | €105,102 | -€13,059 | -11.1% |
| Recurring financial income | 75 | €118,161 | €105,102 | -€13,059 | -11.1% |
| Income from current assets | 751 | €102,633 | €88,545 | -€14,088 | -13.7% |
| Other financial income | 752/9 | €15,528 | €16,557 | +€1,029 | +6.6% |
| Financial charges | 65/66B | €226,947 | €232,929 | +€5,982 | +2.6% |
| Recurring financial charges | 65 | €226,947 | €232,929 | +€5,982 | +2.6% |
| Debt charges | 650 | €222,873 | €230,234 | +€7,362 | +3.3% |
| Other financial charges | 652/9 | €4,074 | €2,695 | -€1,379 | -33.9% |
| Profit (loss) for the period before taxes | 9903 | -€197,336 | -€232,436 | -€35,099 | -17.8% |
| Transfer from deferred taxes | 780 | €93,021 | €93,021 | = | 0.0% |
| Transfer to deferred taxes | 680 | €0 | - | = | |
| Income taxes | 67/77 | €49,000 | €68,854 | +€19,854 | +40.5% |
| Taxes | 670/3 | €50,000 | €74,000 | +€24,000 | +48.0% |
| Tax adjustments and reversals of tax provisions | 77 | €1,000 | €5,146 | +€4,146 | +415% |
| Profit (loss) for the period | 9904 | -€153,315 | -€208,269 | -€54,953 | -35.8% |
| Transfer from tax-exempt reserves | 789 | €282,627 | €282,627 | = | 0.0% |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €129,312 | €74,359 | -€54,953 | -42.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.