MARIUSZ: 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.
MARIUSZ
Largest movements
- Tangible fixed assets -€53,256
down €53,256 (-34.0%), from €156,817 to €103,561
of which Furniture and vehicles: -€32,725
- Stocks and contracts -€21,599
down €21,599 (-91.3%), from €23,659 to €2,060
- Profit (loss) carried forward -€62,733
down €62,733 (-37.0%), from €169,626 to €106,893
- Short-term financial debts +€23,199
up €23,199 (+135.3%), from €17,143 to €40,342
- Trade debts -€21,073
down €21,073 (-54.3%), from €38,792 to €17,719
- Debts after one year -€20,508
down €20,508 (-88.7%), from €23,133 to €2,625
- Tax, wage and social debts +€8,378
up €8,378 (+27.2%), from €30,749 to €39,127
of which Taxes: +€7,144
- Staff costs +€89,989
up €89,989 (+61.3%), from €146,734 to €236,722
- Depreciation -€24,409
down €24,409 (-36.4%), from €67,042 to €42,633
- Gross operating margin -€12,447
down €12,447 (-4.9%), from €253,875 to €241,428
- Other operating charges +€11,619
up €11,619 (+148.9%), from €7,801 to €19,420
- Taxes -€10,864
no longer reported in 2025 (was €10,864)
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €308,825 | €230,425 | -€78,400 | -25.4% |
| Fixed assets | 21/28 | €157,379 | €104,004 | -€53,375 | -33.9% |
| Intangible fixed assets | 21 | €563 | €444 | -€119 | -21.1% |
| Tangible fixed assets | 22/27 | €156,817 | €103,561 | -€53,256 | -34.0% |
| Plant, machinery and equipment | 23 | €3,528 | €2,131 | -€1,397 | -39.6% |
| Furniture and vehicles | 24 | €110,728 | €78,002 | -€32,725 | -29.6% |
| Leasing and similar rights | 25 | €36,448 | €23,427 | -€13,021 | -35.7% |
| Other tangible fixed assets | 26 | €6,112 | - | -€6,112 | |
| Current assets | 29/58 | €151,446 | €126,421 | -€25,025 | -16.5% |
| Stocks and contracts in progress | 3 | €23,659 | €2,060 | -€21,599 | -91.3% |
| Stocks | 30/36 | €23,659 | €2,060 | -€21,599 | -91.3% |
| Amounts receivable within one year | 40/41 | €125,586 | €124,361 | -€1,226 | -1.0% |
| Trade receivables | 40 | €47,836 | €50,242 | +€2,406 | +5.0% |
| Other amounts receivable | 41 | €77,750 | €74,118 | -€3,632 | -4.7% |
| Deferred charges and accrued income | 490/1 | €2,200 | - | -€2,200 | |
| Total equity and liabilities | 10/49 | €308,825 | €230,425 | -€78,400 | -25.4% |
| Equity | 10/15 | €183,886 | €121,153 | -€62,733 | -34.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €169,626 | €106,893 | -€62,733 | -37.0% |
| Amounts payable | 17/49 | €124,939 | €109,272 | -€15,667 | -12.5% |
| Amounts payable after more than one year | 17 | €23,133 | €2,625 | -€20,508 | -88.7% |
| Financial debts | 170/4 | €23,133 | €2,625 | -€20,508 | -88.7% |
| Amounts payable within one year | 42/48 | €101,806 | €106,647 | +€4,841 | +4.8% |
| Current portion of amounts payable after more than one year | 42 | €15,123 | €9,460 | -€5,663 | -37.4% |
| Financial debts | 43 | €17,143 | €40,342 | +€23,199 | +135.3% |
| Credit institutions | 430/8 | €17,143 | €40,342 | +€23,199 | +135.3% |
| Trade debts | 44 | €38,792 | €17,719 | -€21,073 | -54.3% |
| Suppliers | 440/4 | €38,792 | €17,719 | -€21,073 | -54.3% |
| Taxes, remuneration and social security | 45 | €30,749 | €39,127 | +€8,378 | +27.2% |
| Taxes | 450/3 | €12,359 | €19,503 | +€7,144 | +57.8% |
| Remuneration and social security | 454/9 | €18,390 | €19,623 | +€1,233 | +6.7% |
| Remuneration, social security and pensions | 62 | €146,734 | €236,722 | +€89,989 | +61.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €67,042 | €42,633 | -€24,409 | -36.4% |
| Other operating charges | 640/8 | €7,801 | €19,420 | +€11,619 | +148.9% |
| Gross operating margin | 9900 | €253,875 | €241,428 | -€12,447 | -4.9% |
| Operating profit (loss) | 9901 | €32,298 | -€57,347 | -€89,646 | |
| Financial income | 75/76B | €8,139 | €3,605 | -€4,534 | -55.7% |
| Recurring financial income | 75 | €8,139 | €3,605 | -€4,534 | -55.7% |
| Financial charges | 65/66B | €2,568 | €8,991 | +€6,423 | +250.1% |
| Recurring financial charges | 65 | €2,568 | €8,991 | +€6,423 | +250.1% |
| Profit (loss) for the period before taxes | 9903 | €37,870 | -€62,733 | -€100,603 | |
| Income taxes | 67/77 | €10,864 | - | -€10,864 | |
| Profit (loss) for the period | 9904 | €27,006 | -€62,733 | -€89,739 | |
| Profit (loss) for the period to be appropriated | 9905 | €27,006 | -€62,733 | -€89,739 |
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 11 October 2026 via checked.be.