MARION-ELEC: 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.
MARION-ELEC
Largest movements
- Tangible fixed assets -€11,900
down €11,900 (-13.3%), from €89,729 to €77,829
- Debts after one year -€29,273
down €29,273 (-3.4%), from €849,350 to €820,077
of which Financial debts: -€29,273
- Other debts +€23,540
up €23,540 (+59.6%), from €39,509 to €63,049
- Profit (loss) carried forward -€11,107
down €11,107 (-1.3%), from -€859,654 to -€870,761
- Tax, wage and social debts +€1,669
new in 2024: €1,669
- Current portion of long-term debt +€1,457
up €1,457 (+5.2%), from €27,816 to €29,273
- Gross operating margin -€20,937
down €20,937 (-56.8%), from €36,881 to €15,944
- Financial charges -€1,430
down €1,430 (-29.7%), from €4,808 to €3,379
- Depreciation -€759
down €759 (-3.9%), from €19,463 to €18,703
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.
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.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €109,751 | €97,741 | -€12,010 | -10.9% |
| Fixed assets | 21/28 | €89,729 | €77,829 | -€11,900 | -13.3% |
| Tangible fixed assets | 22/27 | €89,729 | €77,829 | -€11,900 | -13.3% |
| Land and buildings | 22 | €29,790 | €24,932 | -€4,857 | -16.3% |
| Plant, machinery and equipment | 23 | €38,331 | €34,295 | -€4,037 | -10.5% |
| Furniture and vehicles | 24 | €4,242 | €2,851 | -€1,391 | -32.8% |
| Other tangible fixed assets | 26 | €17,366 | €15,751 | -€1,615 | -9.3% |
| Current assets | 29/58 | €20,022 | €19,913 | -€110 | -0.5% |
| Stocks and contracts in progress | 3 | €3,200 | €2,800 | -€400 | -12.5% |
| Stocks | 30/36 | €3,200 | €2,800 | -€400 | -12.5% |
| Amounts receivable within one year | 40/41 | €15,986 | €16,169 | +€183 | +1.1% |
| Trade receivables | 40 | €14,788 | €16,162 | +€1,374 | +9.3% |
| Other amounts receivable | 41 | €1,198 | €7 | -€1,191 | -99.4% |
| Cash at bank and in hand | 54/58 | €10 | €168 | +€158 | +1,587% |
| Deferred charges and accrued income | 490/1 | €826 | €776 | -€50 | -6.0% |
| Total equity and liabilities | 10/49 | €109,751 | €97,741 | -€12,010 | -10.9% |
| Equity | 10/15 | -€807,551 | -€818,658 | -€11,107 | -1.4% |
| Contributions | 10/11 | €46,600 | €46,600 | = | 0.0% |
| Reserves | 13 | €5,503 | €5,503 | = | 0.0% |
| Tax-exempt reserves | 132 | €5,503 | €5,503 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€859,654 | -€870,761 | -€11,107 | -1.3% |
| Amounts payable | 17/49 | €917,301 | €916,399 | -€902 | -0.1% |
| Amounts payable after more than one year | 17 | €849,350 | €820,077 | -€29,273 | -3.4% |
| Financial debts | 170/4 | €49,350 | €20,077 | -€29,273 | -59.3% |
| Other amounts payable | 178/9 | €800,000 | €800,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €67,951 | €95,991 | +€28,040 | +41.3% |
| Current portion of amounts payable after more than one year | 42 | €27,816 | €29,273 | +€1,457 | +5.2% |
| Trade debts | 44 | €626 | €1,999 | +€1,373 | +219% |
| Suppliers | 440/4 | €626 | €1,999 | +€1,373 | +219% |
| Taxes, remuneration and social security | 45 | - | €1,669 | +€1,669 | |
| Taxes | 450/3 | - | €1,669 | +€1,669 | |
| Other amounts payable | 47/48 | €39,509 | €63,049 | +€23,540 | +59.6% |
| Accrued charges and deferred income | 492/3 | - | €331 | +€331 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,463 | €18,703 | -€759 | -3.9% |
| Other operating charges | 640/8 | €4,742 | €5,018 | +€276 | +5.8% |
| Gross operating margin | 9900 | €36,881 | €15,944 | -€20,937 | -56.8% |
| Operating profit (loss) | 9901 | €12,676 | -€7,778 | -€20,453 | |
| Financial income | 75/76B | €2 | €49 | +€47 | +1,987% |
| Recurring financial income | 75 | €2 | €49 | +€47 | +1,987% |
| Financial charges | 65/66B | €4,808 | €3,379 | -€1,430 | -29.7% |
| Recurring financial charges | 65 | €4,808 | €3,379 | -€1,430 | -29.7% |
| Profit (loss) for the period before taxes | 9903 | €7,870 | -€11,107 | -€18,977 | |
| Income taxes | 67/77 | €1 | €0 | -€1 | -100% |
| Profit (loss) for the period | 9904 | €7,869 | -€11,107 | -€18,976 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,869 | -€11,107 | -€18,976 |
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 18 October 2026 via checked.be.