MARIVAUX: 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.
What changed
MARIVAUX
NACE 55.100, Hotels and similar accommodation
financial year 2023 compared with 2022filed annual accounts (NBB)
Net result for the year
€1.6m
2022 · €1.2m+€415,157
Equity
€6.3m
2022 · €4.7m+€1.6m
Cash
€554,974
2022 · €833,218-€278,245
Balance sheet total
€14.3m
2022 · €13.3m+€1.0m
Largest movements
Assets
- Current investments +€1.5m
up €1.5m (+193,306%), from €776 to €1.5m
- Receivables within one year +€929,831
up €929,831 (+30.1%), from €3.1m to €4.0m
of which Other amounts receivable: +€1.0m
- Tangible fixed assets -€766,769
down €766,769 (-10.8%), from €7.1m to €6.3m
of which Land and buildings: -€392,123
- Receivables after one year -€312,640
down €312,640 (-14.4%), from €2.2m to €1.9m
- Cash -€278,245
down €278,245 (-33.4%), from €833,218 to €554,974
mainly Short-term financial debts (-€3.3m) and Current investments (-€1.5m)
Equity and liabilities
- Short-term financial debts -€3.3m
no longer reported in 2023 (was €3.3m)
- Current portion of long-term debt +€2.6m
up €2.6m (+1,535%), from €167,905 to €2.7m
- Profit (loss) carried forward +€1.6m
up €1.6m (+45.1%), from -€3.6m to -€2.0m
- Tax, wage and social debts +€318,666
up €318,666 (+120%), from €264,673 to €583,339
of which Remuneration and social security: +€166,553
- Revaluation surpluses -€275,588
down €275,588 (-10.9%), from €2.5m to €2.3m
Income statement
- Gross operating margin +€1.2m
up €1.2m (+30.7%), from €3.9m to €5.1m
- Staff costs +€532,262
up €532,262 (+37.2%), from €1.4m to €2.0m
- Taxes +€210,563
up €210,563 (+1,842%), from €11,433 to €221,996
- Financial charges +€69,118
up €69,118 (+52.3%), from €132,123 to €201,241
From the 2022 result to the 2023 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.
Result 2022
€1.2m
Gross operating margin
+€1.2m
Staff costs
-€532,262
Depreciation
+€6,316
Other operating charges
+€3,491
Financial income
+€11,806
Financial charges
-€69,118
Taxes
-€210,563
Result 2023
€1.6m
raises the resultlowers the result
Derived cash bridge
Derived from the 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€2.2m
Investment
-€1.6m
Financing
-€893,177
Cash 2022
€833,218
From operations (derived)
+€2.2m
Net result for the year
+€1.6m
Depreciation
+€864,048
Receivables after one year
+€312,640
Stocks and contracts
+€9,608
Receivables within one year
-€929,831
Deferred charges and accrued income
+€49,670
Trade debts
-€25,102
Tax, wage and social debts
+€318,666
Advances received
-€34,146
Accrued charges and deferred income
+€36,892
Investment (derived)
-€1.6m
Investment in fixed assets (net)
-€95,890
Current investments
-€1.5m
Financing
-€893,177
Debts after one year
-€128,764
Current portion of long-term debt
+€2.6m
Short-term financial debts
-€3.3m
Contributions, distributions and other
-€38,098
Cash 2023
€554,974
brings cash intakes cash out
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €13,335,082 | €14,346,592 | +€1.0m | +7.6% |
| Fixed assets | 21/28 | €7,076,332 | €6,308,174 | -€768,158 | -10.9% |
| Tangible fixed assets | 22/27 | €7,074,334 | €6,307,565 | -€766,769 | -10.8% |
| Land and buildings | 22 | €3,723,887 | €3,331,765 | -€392,123 | -10.5% |
| Plant, machinery and equipment | 23 | €3,297,891 | €2,942,411 | -€355,480 | -10.8% |
| Furniture and vehicles | 24 | €48,152 | €30,553 | -€17,598 | -36.5% |
| Other tangible fixed assets | 26 | €4,404 | €2,835 | -€1,569 | -35.6% |
| Financial fixed assets | 28 | €1,998 | €609 | -€1,389 | -69.5% |
| Current assets | 29/58 | €6,258,750 | €8,038,418 | +€1.8m | +28.4% |
| Amounts receivable after more than one year | 29 | €2,174,000 | €1,861,360 | -€312,640 | -14.4% |
| Other amounts receivable | 291 | €2,174,000 | €1,861,360 | -€312,640 | -14.4% |
| Stocks and contracts in progress | 3 | €74,399 | €64,791 | -€9,608 | -12.9% |
| Stocks | 30/36 | €74,399 | €64,791 | -€9,608 | -12.9% |
| Amounts receivable within one year | 40/41 | €3,089,397 | €4,019,228 | +€929,831 | +30.1% |
| Trade receivables | 40 | €185,983 | €89,691 | -€96,292 | -51.8% |
| Other amounts receivable | 41 | €2,903,414 | €3,929,537 | +€1.0m | +35.3% |
| Current investments | 50/53 | €776 | €1,500,776 | +€1.5m | +193,306% |
| Cash at bank and in hand | 54/58 | €833,218 | €554,974 | -€278,245 | -33.4% |
| Deferred charges and accrued income | 490/1 | €86,960 | €37,290 | -€49,670 | -57.1% |
| Total equity and liabilities | 10/49 | €13,335,082 | €14,346,592 | +€1.0m | +7.6% |
| Equity | 10/15 | €4,740,311 | €6,310,590 | +€1.6m | +33.1% |
| Contributions | 10/11 | €987,000 | €987,000 | = | 0.0% |
| Capital | 10 | €987,000 | €987,000 | = | 0.0% |
| Issued capital | 100 | €987,000 | €987,000 | = | 0.0% |
| Revaluation surpluses | 12 | €2,532,353 | €2,256,765 | -€275,588 | -10.9% |
| Reserves | 13 | €4,453,251 | €4,728,840 | +€275,588 | +6.2% |
| Non-distributable reserves | 130/1 | €31,854 | €31,854 | = | 0.0% |
| Legal reserve | 130 | €31,854 | €31,854 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,250,000 | €2,250,000 | = | 0.0% |
| Distributable reserves | 133 | €2,171,397 | €2,446,985 | +€275,588 | +12.7% |
| Profit (loss) carried forward | 14 | -€3,567,611 | -€1,959,234 | +€1.6m | +45.1% |
| Investment grants | 15 | €335,317 | €297,219 | -€38,098 | -11.4% |
| Provisions and deferred taxes | 16 | €750,000 | €750,000 | = | 0.0% |
| Deferred taxes | 168 | €750,000 | €750,000 | = | 0.0% |
| Amounts payable | 17/49 | €7,844,772 | €7,286,003 | -€558,769 | -7.1% |
| Amounts payable after more than one year | 17 | €3,816,093 | €3,687,329 | -€128,764 | -3.4% |
| Financial debts | 170/4 | €3,816,093 | €3,687,329 | -€128,764 | -3.4% |
| Amounts payable within one year | 42/48 | €3,987,879 | €3,520,982 | -€466,896 | -11.7% |
| Current portion of amounts payable after more than one year | 42 | €167,905 | €2,745,411 | +€2.6m | +1,535% |
| Financial debts | 43 | €3,303,820 | - | -€3.3m | |
| Credit institutions | 430/8 | €3,303,820 | - | -€3.3m | |
| Trade debts | 44 | €217,230 | €192,128 | -€25,102 | -11.6% |
| Suppliers | 440/4 | €217,230 | €192,128 | -€25,102 | -11.6% |
| Advances received on contracts in progress | 46 | €34,146 | - | -€34,146 | |
| Taxes, remuneration and social security | 45 | €264,673 | €583,339 | +€318,666 | +120% |
| Taxes | 450/3 | €106,947 | €259,060 | +€152,113 | +142% |
| Remuneration and social security | 454/9 | €157,726 | €324,279 | +€166,553 | +106% |
| Other amounts payable | 47/48 | €104 | €104 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €40,800 | €77,692 | +€36,892 | +90.4% |
| Non-recurring operating income | 76A | €572,065 | €79,965 | -€492,099 | -86.0% |
| Remuneration, social security and pensions | 62 | €1,432,419 | €1,964,681 | +€532,262 | +37.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €870,364 | €864,048 | -€6,316 | -0.7% |
| Other operating charges | 640/8 | €372,364 | €368,873 | -€3,491 | -0.9% |
| Gross operating margin | 9900 | €3,929,940 | €5,135,428 | +€1.2m | +30.7% |
| Operating profit (loss) | 9901 | €1,254,794 | €1,937,826 | +€683,032 | +54.4% |
| Financial income | 75/76B | €81,982 | €93,788 | +€11,806 | +14.4% |
| Recurring financial income | 75 | €81,982 | €93,788 | +€11,806 | +14.4% |
| Financial charges | 65/66B | €132,123 | €201,241 | +€69,118 | +52.3% |
| Recurring financial charges | 65 | €132,123 | €201,241 | +€69,118 | +52.3% |
| Profit (loss) for the period before taxes | 9903 | €1,204,653 | €1,830,373 | +€625,720 | +51.9% |
| Income taxes | 67/77 | €11,433 | €221,996 | +€210,563 | +1,842% |
| Profit (loss) for the period | 9904 | €1,193,220 | €1,608,377 | +€415,157 | +34.8% |
| Profit (loss) for the period to be appropriated | 9905 | €1,193,220 | €1,608,377 | +€415,157 | +34.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.