Marisse: 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.
Marisse
Largest movements
- Tangible fixed assets +€839,577
up €839,577 (+1017.6%), from €82,508 to €922,085
of which Land and buildings: +€838,443
- Receivables within one year -€29,088
down €29,088 (-57.2%), from €50,843 to €21,755
of which Trade receivables: -€23,855
- Debts after one year +€622,712
up €622,712 (+1798.6%), from €34,622 to €657,334
- Other debts +€127,788
up €127,788 (+1821.0%), from €7,017 to €134,805
- Current portion of long-term debt +€35,252
up €35,252 (+357.5%), from €9,862 to €45,114
- Short-term financial debts +€25,000
new in 2025: €25,000
- Gross operating margin +€43,009
up €43,009 (+207.6%), from €20,721 to €63,730
- Other operating charges -€29,310
down €29,310 (-91.7%), from €31,965 to €2,656
- Depreciation +€24,614
up €24,614 (+148.6%), from €16,564 to €41,178
- Financial charges +€19,341
up €19,341 (+525.0%), from €3,684 to €23,026
- Staff costs -€4,178
down €4,178 (-68.0%), from €6,141 to €1,963
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 | €146,036 | €961,346 | +€815,310 | +558.3% |
| Fixed assets | 21/28 | €86,388 | €925,457 | +€839,070 | +971.3% |
| Intangible fixed assets | 21 | €1,880 | €1,373 | -€507 | -27.0% |
| Tangible fixed assets | 22/27 | €82,508 | €922,085 | +€839,577 | +1017.6% |
| Land and buildings | 22 | €3,828 | €842,271 | +€838,443 | +21902.0% |
| Plant, machinery and equipment | 23 | €2,842 | €6,256 | +€3,414 | +120.1% |
| Furniture and vehicles | 24 | €47,886 | €39,159 | -€8,727 | -18.2% |
| Other tangible fixed assets | 26 | €27,952 | €34,399 | +€6,448 | +23.1% |
| Financial fixed assets | 28 | €2,000 | €2,000 | = | 0.0% |
| Current assets | 29/58 | €59,648 | €35,888 | -€23,759 | -39.8% |
| Amounts receivable within one year | 40/41 | €50,843 | €21,755 | -€29,088 | -57.2% |
| Trade receivables | 40 | €45,610 | €21,755 | -€23,855 | -52.3% |
| Other amounts receivable | 41 | €5,233 | - | -€5,233 | |
| Cash at bank and in hand | 54/58 | €7,052 | €12,101 | +€5,049 | +71.6% |
| Deferred charges and accrued income | 490/1 | €1,753 | €2,032 | +€280 | +16.0% |
| Total equity and liabilities | 10/49 | €146,036 | €961,346 | +€815,310 | +558.3% |
| Equity | 10/15 | €83,031 | €77,672 | -€5,359 | -6.5% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €75,531 | €70,172 | -€5,359 | -7.1% |
| Amounts payable | 17/49 | €63,004 | €883,674 | +€820,670 | +1302.6% |
| Amounts payable after more than one year | 17 | €34,622 | €657,334 | +€622,712 | +1798.6% |
| Financial debts | 170/4 | €34,622 | €657,334 | +€622,712 | +1798.6% |
| Amounts payable within one year | 42/48 | €28,382 | €226,340 | +€197,958 | +697.5% |
| Current portion of amounts payable after more than one year | 42 | €9,862 | €45,114 | +€35,252 | +357.5% |
| Financial debts | 43 | - | €25,000 | +€25,000 | |
| Credit institutions | 430/8 | - | €25,000 | +€25,000 | |
| Trade debts | 44 | €7,017 | €12,794 | +€5,777 | +82.3% |
| Suppliers | 440/4 | €7,017 | €12,794 | +€5,777 | +82.3% |
| Taxes, remuneration and social security | 45 | €4,486 | €8,626 | +€4,141 | +92.3% |
| Taxes | 450/3 | €4,066 | €8,626 | +€4,560 | +112.1% |
| Remuneration and social security | 454/9 | €419 | - | -€419 | |
| Other amounts payable | 47/48 | €7,017 | €134,805 | +€127,788 | +1821.0% |
| Remuneration, social security and pensions | 62 | €6,141 | €1,963 | -€4,178 | -68.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,564 | €41,178 | +€24,614 | +148.6% |
| Other operating charges | 640/8 | €31,965 | €2,656 | -€29,310 | -91.7% |
| Gross operating margin | 9900 | €20,721 | €63,730 | +€43,009 | +207.6% |
| Operating profit (loss) | 9901 | -€33,949 | €17,933 | +€51,882 | |
| Financial income | 75/76B | €175 | €15 | -€160 | -91.4% |
| Recurring financial income | 75 | €175 | €15 | -€160 | -91.4% |
| Financial charges | 65/66B | €3,684 | €23,026 | +€19,341 | +525.0% |
| Recurring financial charges | 65 | €3,684 | €23,026 | +€19,341 | +525.0% |
| Profit (loss) for the period before taxes | 9903 | -€37,459 | -€5,077 | +€32,382 | +86.4% |
| Income taxes | 67/77 | -€52 | €282 | +€333 | |
| Profit (loss) for the period | 9904 | -€37,407 | -€5,359 | +€32,048 | +85.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€37,407 | -€5,359 | +€32,048 | +85.7% |
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 7 October 2026 via checked.be.