MARINA VAN ES: 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.
MARINA VAN ES
Largest movements
- Tangible fixed assets +€5,023
up €5,023 (+482%), from €1,041 to €6,065
of which Furniture and vehicles: +€5,683
- Cash -€3,755
down €3,755 (-64.7%), from €5,808 to €2,052
mainly Other debts (-€6,626) and Investment in fixed assets (net) (-€5,900)
- Current investments +€2,586
up €2,586 (+8.4%), from €30,669 to €33,255
- Receivables within one year -€1,140
down €1,140 (-100%), from €1,140 to €0
- Deferred charges and accrued income +€1,040
up €1,040 (+44.6%), from €2,332 to €3,372
- Profit (loss) carried forward +€11,598
up €11,598 (+49.8%), from -€23,293 to -€11,696
- Other debts -€6,626
down €6,626 (-22.3%), from €29,723 to €23,097
- Trade debts -€813
down €813 (-59.8%), from €1,359 to €546
- Gross operating margin +€18,469
up €18,469, from -€7,550 to €10,918
- Financial charges +€3,796
up €3,796 (+98.0%), from -€3,873 to -€77
- Financial income +€2,417
new in 2025: €2,417
- Depreciation +€217
up €217 (+32.8%), from €660 to €877
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 | €40,991 | €44,744 | +€3,753 | +9.2% |
| Fixed assets | 21/28 | €1,041 | €6,065 | +€5,023 | +482% |
| Tangible fixed assets | 22/27 | €1,041 | €6,065 | +€5,023 | +482% |
| Plant, machinery and equipment | 23 | €1,041 | €381 | -€660 | -63.4% |
| Furniture and vehicles | 24 | - | €5,683 | +€5,683 | |
| Current assets | 29/58 | €39,950 | €38,680 | -€1,270 | -3.2% |
| Amounts receivable within one year | 40/41 | €1,140 | €0 | -€1,140 | -100% |
| Trade receivables | 40 | €1,140 | €0 | -€1,140 | -100% |
| Current investments | 50/53 | €30,669 | €33,255 | +€2,586 | +8.4% |
| Cash at bank and in hand | 54/58 | €5,808 | €2,052 | -€3,755 | -64.7% |
| Deferred charges and accrued income | 490/1 | €2,332 | €3,372 | +€1,040 | +44.6% |
| Total equity and liabilities | 10/49 | €40,991 | €44,744 | +€3,753 | +9.2% |
| Equity | 10/15 | €8,511 | €20,108 | +€11,598 | +136% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €25,604 | €25,604 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €25,604 | €25,604 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,293 | -€11,696 | +€11,598 | +49.8% |
| Amounts payable | 17/49 | €32,480 | €24,636 | -€7,844 | -24.2% |
| Amounts payable within one year | 42/48 | €32,480 | €24,636 | -€7,844 | -24.2% |
| Trade debts | 44 | €1,359 | €546 | -€813 | -59.8% |
| Suppliers | 440/4 | €1,359 | €546 | -€813 | -59.8% |
| Taxes, remuneration and social security | 45 | €1,398 | €993 | -€405 | -29.0% |
| Taxes | 450/3 | €1,398 | €993 | -€405 | -29.0% |
| Other amounts payable | 47/48 | €29,723 | €23,097 | -€6,626 | -22.3% |
| Non-recurring operating income | 76A | €8,106 | €0 | -€8,106 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €660 | €877 | +€217 | +32.8% |
| Other operating charges | 640/8 | €610 | €707 | +€96 | +15.8% |
| Gross operating margin | 9900 | -€7,550 | €10,918 | +€18,469 | |
| Operating profit (loss) | 9901 | -€8,821 | €9,335 | +€18,155 | |
| Financial income | 75/76B | - | €2,417 | +€2,417 | |
| Recurring financial income | 75 | - | €2,417 | +€2,417 | |
| Financial charges | 65/66B | -€3,873 | -€77 | +€3,796 | +98.0% |
| Recurring financial charges | 65 | -€3,873 | -€77 | +€3,796 | +98.0% |
| Profit (loss) for the period before taxes | 9903 | -€4,948 | €11,829 | +€16,777 | |
| Income taxes | 67/77 | €222 | €231 | +€9 | +4.3% |
| Profit (loss) for the period | 9904 | -€5,169 | €11,598 | +€16,767 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,169 | €11,598 | +€16,767 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.