MARIMMO: 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.
MARIMMO
Largest movements
- Tangible fixed assets +€95,637
up €95,637 (+17.0%), from €563,152 to €658,790
- Receivables within one year +€20,440
up €20,440 (+32.3%), from €63,344 to €83,784
of which Other amounts receivable: +€35,289
- Debts after one year +€66,284
up €66,284 (+13.6%), from €488,657 to €554,941
- Other debts +€36,956
up €36,956 (+429.9%), from €8,597 to €45,553
- Trade debts +€13,457
new in 2025: €13,457
- Gross operating margin +€35,534
up €35,534 (+142.5%), from €24,935 to €60,469
- Other operating charges +€4,950
up €4,950 (+540.6%), from €916 to €5,866
- Depreciation +€2,786
up €2,786 (+13.2%), from €21,078 to €23,864
- Financial charges +€1,325
up €1,325 (+3.7%), from €35,516 to €36,841
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 | €663,956 | €776,669 | +€112,713 | +17.0% |
| Fixed assets | 21/28 | €563,152 | €658,790 | +€95,637 | +17.0% |
| Tangible fixed assets | 22/27 | €563,152 | €658,790 | +€95,637 | +17.0% |
| Land and buildings | 22 | €563,152 | €658,790 | +€95,637 | +17.0% |
| Current assets | 29/58 | €100,803 | €117,879 | +€17,076 | +16.9% |
| Amounts receivable within one year | 40/41 | €63,344 | €83,784 | +€20,440 | +32.3% |
| Trade receivables | 40 | €23,850 | €9,001 | -€14,849 | -62.3% |
| Other amounts receivable | 41 | €39,494 | €74,783 | +€35,289 | +89.4% |
| Cash at bank and in hand | 54/58 | €37,459 | €34,096 | -€3,364 | -9.0% |
| Total equity and liabilities | 10/49 | €663,956 | €776,669 | +€112,713 | +17.0% |
| Equity | 10/15 | -€30,436 | -€28,504 | +€1,932 | +6.3% |
| Contributions | 10/11 | €3,325 | €3,325 | = | 0.0% |
| Reserves | 13 | €333 | €333 | = | 0.0% |
| Non-distributable reserves | 130/1 | €333 | €333 | = | 0.0% |
| Reserves not available under the articles | 1311 | €333 | €333 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€35,239 | -€32,894 | +€2,345 | +6.7% |
| Investment grants | 15 | €1,145 | €732 | -€413 | -36.1% |
| Provisions and deferred taxes | 16 | €161,585 | €154,113 | -€7,472 | -4.6% |
| Provisions for liabilities and charges | 160/5 | €161,585 | €154,113 | -€7,472 | -4.6% |
| Environmental obligations | 163 | €161,585 | €154,113 | -€7,472 | -4.6% |
| Amounts payable | 17/49 | €532,807 | €651,060 | +€118,253 | +22.2% |
| Amounts payable after more than one year | 17 | €488,657 | €554,941 | +€66,284 | +13.6% |
| Financial debts | 170/4 | €488,657 | €554,941 | +€66,284 | +13.6% |
| Amounts payable within one year | 42/48 | €44,150 | €96,119 | +€51,969 | +117.7% |
| Current portion of amounts payable after more than one year | 42 | €35,554 | €37,110 | +€1,556 | +4.4% |
| Trade debts | 44 | - | €13,457 | +€13,457 | |
| Suppliers | 440/4 | - | €13,457 | +€13,457 | |
| Other amounts payable | 47/48 | €8,597 | €45,553 | +€36,956 | +429.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,078 | €23,864 | +€2,786 | +13.2% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€7,059 | -€7,472 | -€412 | -5.8% |
| Other operating charges | 640/8 | €916 | €5,866 | +€4,950 | +540.6% |
| Gross operating margin | 9900 | €24,935 | €60,469 | +€35,534 | +142.5% |
| Operating profit (loss) | 9901 | €10,001 | €38,211 | +€28,210 | +282.1% |
| Financial income | 75/76B | €413 | €975 | +€562 | +136.3% |
| Recurring financial income | 75 | €413 | €975 | +€562 | +136.3% |
| Financial charges | 65/66B | €35,516 | €36,841 | +€1,325 | +3.7% |
| Recurring financial charges | 65 | €35,516 | €36,841 | +€1,325 | +3.7% |
| Profit (loss) for the period before taxes | 9903 | -€25,102 | €2,345 | +€27,447 | |
| Profit (loss) for the period | 9904 | -€25,102 | €2,345 | +€27,447 | |
| Profit (loss) for the period to be appropriated | 9905 | -€25,102 | €2,345 | +€27,447 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.