MARION: 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.
MARION
Largest movements
- Receivables within one year +€25,532
up €25,532 (+11.9%), from €214,862 to €240,393
of which Other amounts receivable: +€24,768
- Tangible fixed assets +€9,475
up €9,475 (+10.2%), from €92,603 to €102,077
of which Land and buildings: +€11,762
- Profit (loss) carried forward +€20,669
up €20,669 (+30.2%), from €68,477 to €89,146
- Other debts +€12,632
up €12,632 (+37.1%), from €34,086 to €46,717
- Debts after one year -€5,073
down €5,073 (-35.9%), from €14,129 to €9,056
- Taxes -€2,501
down €2,501 (-24.9%), from €10,025 to €7,524
- Gross operating margin -€1,193
down €1,193 (-4.2%), from €28,441 to €27,247
- Depreciation +€316
up €316 (+11.1%), from €2,841 to €3,157
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 | €318,214 | €351,039 | +€32,825 | +10.3% |
| Fixed assets | 21/28 | €92,603 | €102,077 | +€9,475 | +10.2% |
| Tangible fixed assets | 22/27 | €92,603 | €102,077 | +€9,475 | +10.2% |
| Land and buildings | 22 | €75,192 | €86,954 | +€11,762 | +15.6% |
| Plant, machinery and equipment | 23 | €6,711 | €5,687 | -€1,025 | -15.3% |
| Furniture and vehicles | 24 | €3,843 | €3,329 | -€515 | -13.4% |
| Other tangible fixed assets | 26 | €6,856 | €6,108 | -€748 | -10.9% |
| Current assets | 29/58 | €225,612 | €248,962 | +€23,351 | +10.3% |
| Amounts receivable within one year | 40/41 | €214,862 | €240,393 | +€25,532 | +11.9% |
| Trade receivables | 40 | €1,204 | €1,968 | +€763 | +63.4% |
| Other amounts receivable | 41 | €213,657 | €238,426 | +€24,768 | +11.6% |
| Cash at bank and in hand | 54/58 | €10,123 | €7,854 | -€2,269 | -22.4% |
| Deferred charges and accrued income | 490/1 | €627 | €715 | +€88 | +14.0% |
| Total equity and liabilities | 10/49 | €318,214 | €351,039 | +€32,825 | +10.3% |
| Equity | 10/15 | €250,228 | €270,897 | +€20,669 | +8.3% |
| Contributions | 10/11 | €125,190 | €125,190 | = | 0.0% |
| Capital | 10 | €125,190 | €125,190 | = | 0.0% |
| Issued capital | 100 | €125,190 | €125,190 | = | 0.0% |
| Reserves | 13 | €56,561 | €56,561 | = | 0.0% |
| Non-distributable reserves | 130/1 | €12,519 | - | -€12,519 | |
| Legal reserve | 130 | €12,519 | - | -€12,519 | |
| Distributable reserves | 133 | €44,042 | €56,561 | +€12,519 | +28.4% |
| Profit (loss) carried forward | 14 | €68,477 | €89,146 | +€20,669 | +30.2% |
| Amounts payable | 17/49 | €67,986 | €80,143 | +€12,157 | +17.9% |
| Amounts payable after more than one year | 17 | €14,129 | €9,056 | -€5,073 | -35.9% |
| Financial debts | 170/4 | €14,129 | €9,056 | -€5,073 | -35.9% |
| Amounts payable within one year | 42/48 | €53,857 | €71,086 | +€17,230 | +32.0% |
| Current portion of amounts payable after more than one year | 42 | €4,819 | €5,073 | +€254 | +5.3% |
| Trade debts | 44 | - | €1,747 | +€1,747 | |
| Suppliers | 440/4 | - | €1,747 | +€1,747 | |
| Taxes, remuneration and social security | 45 | €14,952 | €17,549 | +€2,597 | +17.4% |
| Taxes | 450/3 | €14,952 | €17,549 | +€2,597 | +17.4% |
| Other amounts payable | 47/48 | €34,086 | €46,717 | +€12,632 | +37.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,841 | €3,157 | +€316 | +11.1% |
| Other operating charges | 640/8 | €6,744 | €6,949 | +€205 | +3.0% |
| Gross operating margin | 9900 | €28,441 | €27,247 | -€1,193 | -4.2% |
| Operating profit (loss) | 9901 | €18,856 | €17,142 | -€1,715 | -9.1% |
| Financial income | 75/76B | €11,897 | €11,959 | +€62 | +0.5% |
| Recurring financial income | 75 | €11,897 | €11,959 | +€62 | +0.5% |
| Financial charges | 65/66B | €1,150 | €908 | -€241 | -21.0% |
| Recurring financial charges | 65 | €1,150 | €908 | -€241 | -21.0% |
| Profit (loss) for the period before taxes | 9903 | €29,604 | €28,193 | -€1,412 | -4.8% |
| Income taxes | 67/77 | €10,025 | €7,524 | -€2,501 | -24.9% |
| Profit (loss) for the period | 9904 | €19,579 | €20,669 | +€1,090 | +5.6% |
| Profit (loss) for the period to be appropriated | 9905 | €19,579 | €20,669 | +€1,090 | +5.6% |
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 30 September 2026 via checked.be.