Marisol ARGUELLES: 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.
Marisol ARGUELLES
Largest movements
- Cash +€10,551
up €10,551 (+97.2%), from €10,856 to €21,407
mainly Net result for the year (+€11,790) and Depreciation (+€7,354)
- Tangible fixed assets -€7,274
down €7,274 (-28.5%), from €25,528 to €18,254
- Receivables within one year -€4,467
down €4,467 (-26.2%), from €17,021 to €12,554
of which Trade receivables: -€3,397
- Deferred charges and accrued income -€579
down €579 (-25.5%), from €2,272 to €1,694
- Other debts +€6,532
up €6,532 (+119%), from €5,480 to €12,012
- Debts after one year -€5,556
down €5,556 (-37.5%), from €14,816 to €9,260
- Tax, wage and social debts -€1,897
down €1,897 (-28.4%), from €6,686 to €4,789
of which Taxes: -€1,416
- Trade debts -€1,331
down €1,331 (-100%), from €1,331 to €0
- Gross operating margin +€12,211
up €12,211 (+20.0%), from €60,924 to €73,135
- Staff costs +€4,851
up €4,851 (+11.3%), from €42,838 to €47,689
- Taxes +€1,488
up €1,488 (+49.5%), from €3,006 to €4,494
- Other operating charges -€1,050
down €1,050 (-60.4%), from €1,737 to €688
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 | €56,159 | €54,033 | -€2,126 | -3.8% |
| Fixed assets | 21/28 | €25,608 | €18,254 | -€7,354 | -28.7% |
| Intangible fixed assets | 21 | €80 | €0 | -€80 | -100% |
| Tangible fixed assets | 22/27 | €25,528 | €18,254 | -€7,274 | -28.5% |
| Furniture and vehicles | 24 | €25,528 | €18,254 | -€7,274 | -28.5% |
| Current assets | 29/58 | €30,551 | €35,778 | +€5,228 | +17.1% |
| Stocks and contracts in progress | 3 | €402 | €124 | -€278 | -69.3% |
| Stocks | 30/36 | €402 | €124 | -€278 | -69.3% |
| Amounts receivable within one year | 40/41 | €17,021 | €12,554 | -€4,467 | -26.2% |
| Trade receivables | 40 | €12,527 | €9,130 | -€3,397 | -27.1% |
| Other amounts receivable | 41 | €4,494 | €3,424 | -€1,070 | -23.8% |
| Cash at bank and in hand | 54/58 | €10,856 | €21,407 | +€10,551 | +97.2% |
| Deferred charges and accrued income | 490/1 | €2,272 | €1,694 | -€579 | -25.5% |
| Total equity and liabilities | 10/49 | €56,159 | €54,033 | -€2,126 | -3.8% |
| Equity | 10/15 | €20,983 | €20,974 | -€10 | 0.0% |
| Contributions | 10/11 | €20,900 | €20,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | €83 | €74 | -€10 | -11.6% |
| Amounts payable | 17/49 | €35,175 | €33,059 | -€2,116 | -6.0% |
| Amounts payable after more than one year | 17 | €14,816 | €9,260 | -€5,556 | -37.5% |
| Financial debts | 170/4 | €14,816 | €9,260 | -€5,556 | -37.5% |
| Amounts payable within one year | 42/48 | €20,360 | €23,659 | +€3,300 | +16.2% |
| Current portion of amounts payable after more than one year | 42 | €6,863 | €6,858 | -€5 | -0.1% |
| Trade debts | 44 | €1,331 | €0 | -€1,331 | -100% |
| Suppliers | 440/4 | €1,331 | - | -€1,331 | |
| Taxes, remuneration and social security | 45 | €6,686 | €4,789 | -€1,897 | -28.4% |
| Taxes | 450/3 | €1,795 | €379 | -€1,416 | -78.9% |
| Remuneration and social security | 454/9 | €4,891 | €4,410 | -€480 | -9.8% |
| Other amounts payable | 47/48 | €5,480 | €12,012 | +€6,532 | +119% |
| Accrued charges and deferred income | 492/3 | - | €140 | +€140 | |
| Turnover | 70 | €0 | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | €0 | = | |
| Remuneration, social security and pensions | 62 | €42,838 | €47,689 | +€4,851 | +11.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,389 | €7,354 | -€35 | -0.5% |
| Other operating charges | 640/8 | €1,737 | €688 | -€1,050 | -60.4% |
| Gross operating margin | 9900 | €60,924 | €73,135 | +€12,211 | +20.0% |
| Operating profit (loss) | 9901 | €8,960 | €17,405 | +€8,445 | +94.2% |
| Financial income | 75/76B | €0 | €0 | = | |
| Recurring financial income | 75 | €0 | €0 | = | |
| Financial charges | 65/66B | €1,302 | €1,121 | -€181 | -13.9% |
| Recurring financial charges | 65 | €1,302 | €1,121 | -€181 | -13.9% |
| Profit (loss) for the period before taxes | 9903 | €7,659 | €16,284 | +€8,626 | +113% |
| Income taxes | 67/77 | €3,006 | €4,494 | +€1,488 | +49.5% |
| Profit (loss) for the period | 9904 | €4,653 | €11,790 | +€7,138 | +153% |
| Profit (loss) for the period to be appropriated | 9905 | €4,653 | €11,790 | +€7,138 | +153% |
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 24 October 2026 via checked.be.