MARISSIAUX: 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.
MARISSIAUX
Largest movements
- Cash -€24,391
down €24,391 (-57.6%), from €42,342 to €17,951
mainly Deferred charges and accrued income (-€13,542) and Other debts (-€6,909)
- Deferred charges and accrued income +€13,542
up €13,542 (+701%), from €1,933 to €15,475
- Stocks and contracts -€3,753
down €3,753 (-47.4%), from €7,921 to €4,168
- Receivables within one year -€2,805
down €2,805 (-38.0%), from €7,375 to €4,570
of which Trade receivables: -€3,066
- Tangible fixed assets +€642
up €642 (+49.2%), from €1,305 to €1,947
of which Furniture and vehicles: +€1,077
- Other debts -€6,909
down €6,909 (-33.2%), from €20,787 to €13,878
- Profit (loss) carried forward -€4,795
down €4,795 (-88.1%), from €5,443 to €648
- Tax, wage and social debts -€2,798
down €2,798 (-22.1%), from €12,660 to €9,862
of which Remuneration and social security: -€2,687
- Trade debts -€2,512
down €2,512 (-51.8%), from €4,846 to €2,334
- Turnover -€52,383
down €52,383 (-38.2%), from €137,231 to €84,848
- Purchases and services -€29,223
down €29,223 (-35.5%), from €82,391 to €53,168
- Gross operating margin -€20,043
down €20,043 (-30.5%), from €65,693 to €45,650
- Staff costs -€1,855
down €1,855 (-3.7%), from €49,807 to €47,952
- Taxes +€1,797
new in 2025: €1,797
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 | €62,486 | €45,721 | -€16,765 | -26.8% |
| Fixed assets | 21/28 | €2,915 | €3,557 | +€642 | +22.0% |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | €1,305 | €1,947 | +€642 | +49.2% |
| Plant, machinery and equipment | 23 | €1,305 | €870 | -€435 | -33.3% |
| Furniture and vehicles | 24 | - | €1,077 | +€1,077 | |
| Financial fixed assets | 28 | €1,610 | €1,610 | = | 0.0% |
| Current assets | 29/58 | €59,571 | €42,164 | -€17,407 | -29.2% |
| Stocks and contracts in progress | 3 | €7,921 | €4,168 | -€3,753 | -47.4% |
| Stocks | 30/36 | €7,921 | €4,168 | -€3,753 | -47.4% |
| Amounts receivable within one year | 40/41 | €7,375 | €4,570 | -€2,805 | -38.0% |
| Trade receivables | 40 | €7,356 | €4,290 | -€3,066 | -41.7% |
| Other amounts receivable | 41 | €19 | €280 | +€261 | +1,374% |
| Cash at bank and in hand | 54/58 | €42,342 | €17,951 | -€24,391 | -57.6% |
| Deferred charges and accrued income | 490/1 | €1,933 | €15,475 | +€13,542 | +701% |
| Total equity and liabilities | 10/49 | €62,486 | €45,721 | -€16,765 | -26.8% |
| Equity | 10/15 | €24,193 | €19,398 | -€4,795 | -19.8% |
| Contributions | 10/11 | €18,750 | €18,750 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,443 | €648 | -€4,795 | -88.1% |
| Amounts payable | 17/49 | €38,293 | €26,323 | -€11,970 | -31.3% |
| Amounts payable within one year | 42/48 | €38,293 | €26,074 | -€12,219 | -31.9% |
| Trade debts | 44 | €4,846 | €2,334 | -€2,512 | -51.8% |
| Suppliers | 440/4 | €4,846 | €2,334 | -€2,512 | -51.8% |
| Taxes, remuneration and social security | 45 | €12,660 | €9,862 | -€2,798 | -22.1% |
| Taxes | 450/3 | €3,162 | €3,051 | -€111 | -3.5% |
| Remuneration and social security | 454/9 | €9,498 | €6,811 | -€2,687 | -28.3% |
| Other amounts payable | 47/48 | €20,787 | €13,878 | -€6,909 | -33.2% |
| Accrued charges and deferred income | 492/3 | - | €249 | +€249 | |
| Turnover | 70 | €137,231 | €84,848 | -€52,383 | -38.2% |
| Non-recurring operating income | 76A | - | €10,961 | +€10,961 | |
| Goods, raw materials, services and sundry goods | 60/61 | €82,391 | €53,168 | -€29,223 | -35.5% |
| Remuneration, social security and pensions | 62 | €49,807 | €47,952 | -€1,855 | -3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €911 | €456 | -€455 | -49.9% |
| Other operating charges | 640/8 | €311 | €198 | -€113 | -36.4% |
| Gross operating margin | 9900 | €65,693 | €45,650 | -€20,043 | -30.5% |
| Operating profit (loss) | 9901 | €14,664 | -€2,956 | -€17,620 | |
| Financial income | 75/76B | €2 | €69 | +€67 | +3,338% |
| Recurring financial income | 75 | €2 | €69 | +€67 | +3,338% |
| Financial charges | 65/66B | €60 | €93 | +€33 | +54.5% |
| Recurring financial charges | 65 | €60 | €93 | +€33 | +54.5% |
| Profit (loss) for the period before taxes | 9903 | €14,606 | -€2,980 | -€17,586 | |
| Income taxes | 67/77 | - | €1,797 | +€1,797 | |
| Profit (loss) for the period | 9904 | €14,606 | -€4,776 | -€19,382 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,606 | -€4,776 | -€19,382 |
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 17 October 2026 via checked.be.