MARIS: 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.
MARIS
Largest movements
- Receivables within one year -€12,574
down €12,574 (-13.6%), from €92,281 to €79,707
of which Other amounts receivable: -€7,027
- Tangible fixed assets -€8,072
no longer reported in 2025 (was €8,072)
of which Furniture and vehicles: -€4,450
- Deferred charges and accrued income +€2,178
up €2,178 (+45.4%), from €4,802 to €6,980
- Cash -€1,554
down €1,554 (-31.2%), from €4,976 to €3,422
mainly Other debts (-€25,734) and Trade debts (-€10,456)
- Other debts -€25,734
down €25,734 (-37.8%), from €68,137 to €42,403
- Profit (loss) carried forward +€15,768
up €15,768 (+76.9%), from -€20,495 to -€4,727
- Trade debts -€10,456
down €10,456 (-93.9%), from €11,141 to €684
- Gross operating margin +€35,325
up €35,325, from -€17,616 to €17,708
- Depreciation -€4,142
no longer reported in 2025 (was €4,142)
- Financial charges +€2,866
up €2,866 (+1,947%), from €147 to €3,013
- Financial income -€629
down €629 (-22.4%), from €2,807 to €2,178
- Other operating charges -€413
down €413 (-37.0%), from €1,117 to €704
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 | €110,490 | €90,469 | -€20,021 | -18.1% |
| Fixed assets | 21/28 | €8,432 | €360 | -€8,072 | -95.7% |
| Tangible fixed assets | 22/27 | €8,072 | - | -€8,072 | |
| Plant, machinery and equipment | 23 | €1,429 | - | -€1,429 | |
| Furniture and vehicles | 24 | €4,450 | - | -€4,450 | |
| Other tangible fixed assets | 26 | €2,193 | - | -€2,193 | |
| Financial fixed assets | 28 | €360 | €360 | = | 0.0% |
| Current assets | 29/58 | €102,059 | €90,109 | -€11,950 | -11.7% |
| Amounts receivable within one year | 40/41 | €92,281 | €79,707 | -€12,574 | -13.6% |
| Trade receivables | 40 | €57,118 | €51,570 | -€5,547 | -9.7% |
| Other amounts receivable | 41 | €35,164 | €28,137 | -€7,027 | -20.0% |
| Cash at bank and in hand | 54/58 | €4,976 | €3,422 | -€1,554 | -31.2% |
| Deferred charges and accrued income | 490/1 | €4,802 | €6,980 | +€2,178 | +45.4% |
| Total equity and liabilities | 10/49 | €110,490 | €90,469 | -€20,021 | -18.1% |
| Equity | 10/15 | €30,779 | €46,547 | +€15,768 | +51.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €32,674 | €32,674 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €308 | €308 | = | 0.0% |
| Distributable reserves | 133 | €30,507 | €30,507 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,495 | -€4,727 | +€15,768 | +76.9% |
| Amounts payable | 17/49 | €79,711 | €43,922 | -€35,789 | -44.9% |
| Amounts payable within one year | 42/48 | €79,711 | €43,922 | -€35,789 | -44.9% |
| Trade debts | 44 | €11,141 | €684 | -€10,456 | -93.9% |
| Suppliers | 440/4 | €11,141 | €684 | -€10,456 | -93.9% |
| Taxes, remuneration and social security | 45 | €434 | €835 | +€402 | +92.6% |
| Taxes | 450/3 | €434 | €835 | +€402 | +92.6% |
| Other amounts payable | 47/48 | €68,137 | €42,403 | -€25,734 | -37.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,142 | - | -€4,142 | |
| Other operating charges | 640/8 | €1,117 | €704 | -€413 | -37.0% |
| Gross operating margin | 9900 | -€17,616 | €17,708 | +€35,325 | |
| Operating profit (loss) | 9901 | -€22,875 | €17,004 | +€39,880 | |
| Financial income | 75/76B | €2,807 | €2,178 | -€629 | -22.4% |
| Recurring financial income | 75 | €2,807 | €2,178 | -€629 | -22.4% |
| Financial charges | 65/66B | €147 | €3,013 | +€2,866 | +1,947% |
| Recurring financial charges | 65 | €147 | €3,013 | +€2,866 | +1,947% |
| Profit (loss) for the period before taxes | 9903 | -€20,216 | €16,169 | +€36,385 | |
| Income taxes | 67/77 | €279 | €402 | +€122 | +43.8% |
| Profit (loss) for the period | 9904 | -€20,495 | €15,768 | +€36,263 | |
| Profit (loss) for the period to be appropriated | 9905 | -€20,495 | €15,768 | +€36,263 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.