Marivan: 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.
Marivan
Largest movements
- Cash +€65,029
up €65,029 (+179%), from €36,411 to €101,440
mainly Net result for the year (+€81,077) and Depreciation (+€41,119)
- Tangible fixed assets -€34,542
down €34,542 (-31.9%), from €108,369 to €73,827
of which Furniture and vehicles: -€25,205
- Current investments +€28,085
up €28,085 (+28.1%), from €99,998 to €128,083
- Reserves +€81,077
up €81,077 (+63.6%), from €127,566 to €208,643
- Tax, wage and social debts -€16,893
down €16,893 (-67.4%), from €25,077 to €8,184
- Other debts -€4,724
down €4,724 (-83.9%), from €5,632 to €908
- Trade debts -€3,532
down €3,532 (-67.4%), from €5,244 to €1,712
- Gross operating margin +€60,271
up €60,271 (+66.4%), from €90,726 to €150,997
- Taxes +€13,872
up €13,872 (+83.9%), from €16,530 to €30,402
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 | €263,632 | €320,748 | +€57,116 | +21.7% |
| Fixed assets | 21/28 | €108,369 | €73,827 | -€34,542 | -31.9% |
| Tangible fixed assets | 22/27 | €108,369 | €73,827 | -€34,542 | -31.9% |
| Land and buildings | 22 | €2,644 | €8,586 | +€5,943 | +225% |
| Plant, machinery and equipment | 23 | €36,081 | €20,801 | -€15,280 | -42.3% |
| Furniture and vehicles | 24 | €69,644 | €44,439 | -€25,205 | -36.2% |
| Current assets | 29/58 | €155,263 | €246,921 | +€91,659 | +59.0% |
| Amounts receivable within one year | 40/41 | €17,963 | €17,255 | -€709 | -3.9% |
| Trade receivables | 40 | €17,962 | €17,057 | -€904 | -5.0% |
| Other amounts receivable | 41 | €2 | €197 | +€196 | +12,392% |
| Current investments | 50/53 | €99,998 | €128,083 | +€28,085 | +28.1% |
| Cash at bank and in hand | 54/58 | €36,411 | €101,440 | +€65,029 | +179% |
| Deferred charges and accrued income | 490/1 | €890 | €145 | -€746 | -83.8% |
| Total equity and liabilities | 10/49 | €263,632 | €320,748 | +€57,116 | +21.7% |
| Equity | 10/15 | €227,679 | €308,756 | +€81,077 | +35.6% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €127,566 | €208,643 | +€81,077 | +63.6% |
| Distributable reserves | 133 | €127,566 | €208,643 | +€81,077 | +63.6% |
| Profit (loss) carried forward | 14 | €97,612 | €97,612 | = | 0.0% |
| Amounts payable | 17/49 | €35,953 | €11,992 | -€23,961 | -66.6% |
| Amounts payable within one year | 42/48 | €35,953 | €10,804 | -€25,149 | -70.0% |
| Trade debts | 44 | €5,244 | €1,712 | -€3,532 | -67.4% |
| Suppliers | 440/4 | €5,244 | €1,712 | -€3,532 | -67.4% |
| Taxes, remuneration and social security | 45 | €25,077 | €8,184 | -€16,893 | -67.4% |
| Taxes | 450/3 | €25,077 | €8,184 | -€16,893 | -67.4% |
| Other amounts payable | 47/48 | €5,632 | €908 | -€4,724 | -83.9% |
| Accrued charges and deferred income | 492/3 | - | €1,189 | +€1,189 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,407 | €41,119 | +€712 | +1.8% |
| Other operating charges | 640/8 | €1,023 | €1,013 | -€9 | -0.9% |
| Gross operating margin | 9900 | €90,726 | €150,997 | +€60,271 | +66.4% |
| Operating profit (loss) | 9901 | €49,296 | €108,865 | +€59,569 | +121% |
| Financial income | 75/76B | €1,785 | €2,726 | +€941 | +52.7% |
| Recurring financial income | 75 | €1,785 | €2,726 | +€941 | +52.7% |
| Financial charges | 65/66B | €39 | €112 | +€73 | +185% |
| Recurring financial charges | 65 | €39 | €112 | +€73 | +185% |
| Profit (loss) for the period before taxes | 9903 | €51,042 | €111,479 | +€60,437 | +118% |
| Income taxes | 67/77 | €16,530 | €30,402 | +€13,872 | +83.9% |
| Profit (loss) for the period | 9904 | €34,512 | €81,077 | +€46,565 | +135% |
| Profit (loss) for the period to be appropriated | 9905 | €34,512 | €81,077 | +€46,565 | +135% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.