MARIS VERWARMING: 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 VERWARMING
Largest movements
- Cash -€32,291
down €32,291 (-70.2%), from €46,013 to €13,722
mainly Other debts (-€38,256) and Trade debts (-€25,254)
- Receivables within one year -€26,172
down €26,172 (-32.0%), from €81,805 to €55,632
of which Trade receivables: -€38,330
- Tangible fixed assets -€2,586
down €2,586 (-34.2%), from €7,556 to €4,970
of which Plant, machinery and equipment: -€1,591
- Other debts -€38,256
down €38,256 (-96.5%), from €39,648 to €1,391
- Trade debts -€25,254
down €25,254 (-66.1%), from €38,209 to €12,955
- Reserves +€7,431
up €7,431 (+12.7%), from €58,296 to €65,727
- Tax, wage and social debts -€5,139
down €5,139 (-61.2%), from €8,400 to €3,261
of which Taxes: -€6,639
- Gross operating margin -€18,803
down €18,803 (-37.2%), from €50,554 to €31,751
- Taxes +€9,404
up €9,404 (+170%), from €5,548 to €14,952
- Financial charges +€548
up €548 (+21.3%), from €2,572 to €3,120
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 | €147,053 | €85,835 | -€61,218 | -41.6% |
| Fixed assets | 21/28 | €7,556 | €4,970 | -€2,586 | -34.2% |
| Tangible fixed assets | 22/27 | €7,556 | €4,970 | -€2,586 | -34.2% |
| Plant, machinery and equipment | 23 | €3,978 | €2,387 | -€1,591 | -40.0% |
| Furniture and vehicles | 24 | €3,578 | €2,583 | -€995 | -27.8% |
| Current assets | 29/58 | €139,496 | €80,865 | -€58,632 | -42.0% |
| Stocks and contracts in progress | 3 | €10,106 | €9,426 | -€680 | -6.7% |
| Stocks | 30/36 | €10,106 | €9,426 | -€680 | -6.7% |
| Amounts receivable within one year | 40/41 | €81,805 | €55,632 | -€26,172 | -32.0% |
| Trade receivables | 40 | €70,804 | €32,474 | -€38,330 | -54.1% |
| Other amounts receivable | 41 | €11,000 | €23,158 | +€12,158 | +111% |
| Cash at bank and in hand | 54/58 | €46,013 | €13,722 | -€32,291 | -70.2% |
| Deferred charges and accrued income | 490/1 | €1,573 | €2,085 | +€512 | +32.6% |
| Total equity and liabilities | 10/49 | €147,053 | €85,835 | -€61,218 | -41.6% |
| Equity | 10/15 | €60,796 | €68,227 | +€7,431 | +12.2% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €58,296 | €65,727 | +€7,431 | +12.7% |
| Distributable reserves | 133 | €58,296 | €65,727 | +€7,431 | +12.7% |
| Amounts payable | 17/49 | €86,257 | €17,608 | -€68,649 | -79.6% |
| Amounts payable within one year | 42/48 | €86,257 | €17,608 | -€68,649 | -79.6% |
| Trade debts | 44 | €38,209 | €12,955 | -€25,254 | -66.1% |
| Suppliers | 440/4 | €38,209 | €12,955 | -€25,254 | -66.1% |
| Taxes, remuneration and social security | 45 | €8,400 | €3,261 | -€5,139 | -61.2% |
| Taxes | 450/3 | €7,400 | €761 | -€6,639 | -89.7% |
| Remuneration and social security | 454/9 | €1,000 | €2,500 | +€1,500 | +150% |
| Other amounts payable | 47/48 | €39,648 | €1,391 | -€38,256 | -96.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,694 | €3,359 | -€335 | -9.1% |
| Other operating charges | 640/8 | €2,210 | €2,097 | -€113 | -5.1% |
| Non-recurring operating charges | 66A | €283 | - | -€283 | |
| Gross operating margin | 9900 | €50,554 | €31,751 | -€18,803 | -37.2% |
| Operating profit (loss) | 9901 | €44,367 | €26,295 | -€18,073 | -40.7% |
| Financial income | 75/76B | €407 | €9 | -€399 | -97.9% |
| Recurring financial income | 75 | €407 | €9 | -€399 | -97.9% |
| Financial charges | 65/66B | €2,572 | €3,120 | +€548 | +21.3% |
| Recurring financial charges | 65 | €2,572 | €3,120 | +€548 | +21.3% |
| Profit (loss) for the period before taxes | 9903 | €42,203 | €23,184 | -€19,019 | -45.1% |
| Income taxes | 67/77 | €5,548 | €14,952 | +€9,404 | +170% |
| Profit (loss) for the period | 9904 | €36,655 | €8,231 | -€28,423 | -77.5% |
| Profit (loss) for the period to be appropriated | 9905 | €36,655 | €8,231 | -€28,423 | -77.5% |
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 27 October 2026 via checked.be.