MARIUS GROUP: 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.
MARIUS GROUP
Largest movements
- Receivables within one year +€23,201
up €23,201 (+14.1%), from €164,092 to €187,293
of which Other amounts receivable: +€23,973
- Cash +€5,027
up €5,027 (+219%), from €2,296 to €7,323
mainly Net result for the year (+€21,961) and Depreciation (+€3,924)
- Tangible fixed assets -€3,924
down €3,924 (-34.3%), from €11,444 to €7,520
- Profit (loss) carried forward +€21,961
up €21,961 (+16.9%), from €129,959 to €151,920
- Debts after one year -€4,132
down €4,132 (-48.2%), from €8,575 to €4,443
- Trade debts +€3,342
up €3,342 (+230%), from €1,456 to €4,799
- Tax, wage and social debts +€2,239
up €2,239 (+19.4%), from €11,544 to €13,783
- Gross operating margin +€4,815
up €4,815 (+17.5%), from €27,472 to €32,287
- Taxes +€1,329
up €1,329 (+25.9%), from €5,130 to €6,459
- Financial income +€1,074
up €1,074 (+61.2%), from €1,757 to €2,832
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 | €178,436 | €202,137 | +€23,701 | +13.3% |
| Fixed assets | 21/28 | €11,444 | €7,520 | -€3,924 | -34.3% |
| Tangible fixed assets | 22/27 | €11,444 | €7,520 | -€3,924 | -34.3% |
| Furniture and vehicles | 24 | €11,444 | €7,520 | -€3,924 | -34.3% |
| Current assets | 29/58 | €166,992 | €194,617 | +€27,624 | +16.5% |
| Amounts receivable within one year | 40/41 | €164,092 | €187,293 | +€23,201 | +14.1% |
| Trade receivables | 40 | €1,272 | €500 | -€772 | -60.7% |
| Other amounts receivable | 41 | €162,820 | €186,793 | +€23,973 | +14.7% |
| Cash at bank and in hand | 54/58 | €2,296 | €7,323 | +€5,027 | +219% |
| Deferred charges and accrued income | 490/1 | €604 | - | -€604 | |
| Total equity and liabilities | 10/49 | €178,436 | €202,137 | +€23,701 | +13.3% |
| Equity | 10/15 | €153,019 | €174,980 | +€21,961 | +14.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €16,860 | €16,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €129,959 | €151,920 | +€21,961 | +16.9% |
| Amounts payable | 17/49 | €25,417 | €27,157 | +€1,739 | +6.8% |
| Amounts payable after more than one year | 17 | €8,575 | €4,443 | -€4,132 | -48.2% |
| Financial debts | 170/4 | €8,575 | €4,443 | -€4,132 | -48.2% |
| Amounts payable within one year | 42/48 | €16,842 | €22,713 | +€5,871 | +34.9% |
| Current portion of amounts payable after more than one year | 42 | €3,842 | €4,132 | +€290 | +7.5% |
| Trade debts | 44 | €1,456 | €4,799 | +€3,342 | +230% |
| Suppliers | 440/4 | €1,456 | €4,799 | +€3,342 | +230% |
| Taxes, remuneration and social security | 45 | €11,544 | €13,783 | +€2,239 | +19.4% |
| Taxes | 450/3 | €11,544 | €13,783 | +€2,239 | +19.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,924 | €3,924 | = | 0.0% |
| Other operating charges | 640/8 | €1,146 | €1,101 | -€45 | -3.9% |
| Gross operating margin | 9900 | €27,472 | €32,287 | +€4,815 | +17.5% |
| Operating profit (loss) | 9901 | €22,403 | €27,263 | +€4,860 | +21.7% |
| Financial income | 75/76B | €1,757 | €2,832 | +€1,074 | +61.2% |
| Recurring financial income | 75 | €1,757 | €2,832 | +€1,074 | +61.2% |
| Financial charges | 65/66B | €1,456 | €1,674 | +€218 | +15.0% |
| Recurring financial charges | 65 | €1,456 | €1,447 | -€9 | -0.6% |
| Non-recurring financial charges | 66B | - | €227 | +€227 | |
| Profit (loss) for the period before taxes | 9903 | €22,704 | €28,420 | +€5,717 | +25.2% |
| Income taxes | 67/77 | €5,130 | €6,459 | +€1,329 | +25.9% |
| Profit (loss) for the period | 9904 | €17,574 | €21,961 | +€4,388 | +25.0% |
| Profit (loss) for the period to be appropriated | 9905 | €17,574 | €21,961 | +€4,388 | +25.0% |
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 20 October 2026 via checked.be.