MARITAN: 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.
MARITAN
Largest movements
- Tangible fixed assets -€12,958
down €12,958 (-2.0%), from €643,393 to €630,434
of which Land and buildings: -€11,294
- Debts after one year -€100,000
no longer reported in 2024 (was €100,000)
- Other debts +€91,227
up €91,227 (+397.0%), from €22,981 to €114,207
- Trade debts -€9,324
down €9,324 (-97.1%), from €9,601 to €277
- Gross operating margin -€7,974
down €7,974 (-15.2%), from €52,400 to €44,426
- Financial charges +€2,129
up €2,129 (+28.7%), from €7,429 to €9,558
- Taxes -€1,530
no longer reported in 2024 (was €1,530)
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €749,964 | €734,537 | -€15,427 | -2.1% |
| Fixed assets | 21/28 | €643,393 | €630,434 | -€12,958 | -2.0% |
| Tangible fixed assets | 22/27 | €643,393 | €630,434 | -€12,958 | -2.0% |
| Land and buildings | 22 | €632,959 | €621,665 | -€11,294 | -1.8% |
| Plant, machinery and equipment | 23 | €8,421 | €7,336 | -€1,085 | -12.9% |
| Furniture and vehicles | 24 | €2,013 | €1,433 | -€580 | -28.8% |
| Current assets | 29/58 | €106,571 | €104,102 | -€2,469 | -2.3% |
| Amounts receivable within one year | 40/41 | €1,260 | €2,761 | +€1,501 | +119.1% |
| Other amounts receivable | 41 | €1,260 | €2,761 | +€1,501 | +119.1% |
| Cash at bank and in hand | 54/58 | €103,052 | €99,806 | -€3,246 | -3.1% |
| Deferred charges and accrued income | 490/1 | €2,259 | €1,535 | -€724 | -32.0% |
| Total equity and liabilities | 10/49 | €749,964 | €734,537 | -€15,427 | -2.1% |
| Equity | 10/15 | €556,689 | €559,116 | +€2,427 | +0.4% |
| Contributions | 10/11 | €329,253 | €329,253 | = | 0.0% |
| Reserves | 13 | €227,436 | €229,863 | +€2,427 | +1.1% |
| Tax-exempt reserves | 132 | €157,897 | €152,049 | -€5,848 | -3.7% |
| Distributable reserves | 133 | €69,539 | €77,814 | +€8,275 | +11.9% |
| Provisions and deferred taxes | 16 | €52,632 | €50,683 | -€1,949 | -3.7% |
| Deferred taxes | 168 | €52,632 | €50,683 | -€1,949 | -3.7% |
| Amounts payable | 17/49 | €140,642 | €124,738 | -€15,905 | -11.3% |
| Amounts payable after more than one year | 17 | €100,000 | - | -€100,000 | |
| Financial debts | 170/4 | €100,000 | - | -€100,000 | |
| Amounts payable within one year | 42/48 | €32,582 | €114,484 | +€81,902 | +251.4% |
| Trade debts | 44 | €9,601 | €277 | -€9,324 | -97.1% |
| Suppliers | 440/4 | €9,601 | €277 | -€9,324 | -97.1% |
| Other amounts payable | 47/48 | €22,981 | €114,207 | +€91,227 | +397.0% |
| Accrued charges and deferred income | 492/3 | €8,061 | €10,254 | +€2,193 | +27.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,685 | €27,172 | +€486 | +1.8% |
| Other operating charges | 640/8 | €7,554 | €7,827 | +€272 | +3.6% |
| Gross operating margin | 9900 | €52,400 | €44,426 | -€7,974 | -15.2% |
| Operating profit (loss) | 9901 | €18,160 | €9,428 | -€8,732 | -48.1% |
| Financial income | 75/76B | €382 | €608 | +€226 | +59.0% |
| Recurring financial income | 75 | €382 | €608 | +€226 | +59.0% |
| Financial charges | 65/66B | €7,429 | €9,558 | +€2,129 | +28.7% |
| Recurring financial charges | 65 | €7,429 | €9,558 | +€2,129 | +28.7% |
| Profit (loss) for the period before taxes | 9903 | €11,114 | €478 | -€10,636 | -95.7% |
| Transfer from deferred taxes | 780 | €1,949 | €1,949 | = | 0.0% |
| Income taxes | 67/77 | €1,530 | - | -€1,530 | |
| Profit (loss) for the period | 9904 | €11,533 | €2,427 | -€9,106 | -79.0% |
| Transfer from tax-exempt reserves | 789 | €5,848 | €5,848 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €17,381 | €8,275 | -€9,106 | -52.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.