MARIVIC: 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.
MARIVIC
Largest movements
- Cash +€120,709
new in 2025: €120,709
mainly Current investments (+€92,127) and Net result for the year (+€56,793)
- Current investments -€92,127
no longer reported in 2025 (was €92,127)
- Tangible fixed assets -€46,268
down €46,268 (-8.0%), from €579,741 to €533,473
of which Land and buildings: -€24,482
- Reserves +€45,505
up €45,505 (+14.8%), from €307,409 to €352,915
of which Distributable reserves: +€45,505
- Current portion of long-term debt -€43,211
down €43,211 (-70.3%), from €61,485 to €18,274
- Tax, wage and social debts -€18,944
down €18,944 (-55.5%), from €34,163 to €15,219
- Debts after one year -€18,274
down €18,274 (-34.1%), from €53,575 to €35,301
- Accrued charges and deferred income +€13,897
up €13,897 (+26.9%), from €51,689 to €65,586
- Other operating charges -€4,874
down €4,874 (-68.8%), from €7,080 to €2,206
- Taxes +€2,714
up €2,714 (+11.5%), from €23,567 to €26,281
- Gross operating margin +€2,375
up €2,375 (+1.5%), from €162,149 to €164,524
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 | €734,870 | €719,616 | -€15,254 | -2.1% |
| Fixed assets | 21/28 | €579,741 | €533,473 | -€46,268 | -8.0% |
| Tangible fixed assets | 22/27 | €579,741 | €533,473 | -€46,268 | -8.0% |
| Land and buildings | 22 | €510,715 | €486,233 | -€24,482 | -4.8% |
| Plant, machinery and equipment | 23 | €27,103 | €21,310 | -€5,793 | -21.4% |
| Furniture and vehicles | 24 | €41,923 | €25,930 | -€15,993 | -38.1% |
| Current assets | 29/58 | €155,129 | €186,143 | +€31,014 | +20.0% |
| Current investments | 50/53 | €92,127 | - | -€92,127 | |
| Cash at bank and in hand | 54/58 | - | €120,709 | +€120,709 | |
| Deferred charges and accrued income | 490/1 | €63,002 | €65,434 | +€2,433 | +3.9% |
| Total equity and liabilities | 10/49 | €734,870 | €719,616 | -€15,254 | -2.1% |
| Equity | 10/15 | €326,108 | €371,614 | +€45,505 | +14.0% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €307,409 | €352,915 | +€45,505 | +14.8% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €10,000 | €10,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €55,089 | €55,089 | = | 0.0% |
| Distributable reserves | 133 | €242,320 | €287,825 | +€45,505 | +18.8% |
| Profit (loss) carried forward | 14 | €149 | €149 | = | 0.0% |
| Amounts payable | 17/49 | €408,762 | €348,002 | -€60,760 | -14.9% |
| Amounts payable after more than one year | 17 | €53,575 | €35,301 | -€18,274 | -34.1% |
| Financial debts | 170/4 | €53,575 | €35,301 | -€18,274 | -34.1% |
| Amounts payable within one year | 42/48 | €303,498 | €247,115 | -€56,383 | -18.6% |
| Current portion of amounts payable after more than one year | 42 | €61,485 | €18,274 | -€43,211 | -70.3% |
| Financial debts | 43 | €1,250 | €1,250 | = | 0.0% |
| Credit institutions | 430/8 | €1,250 | €1,250 | = | 0.0% |
| Trade debts | 44 | €3,363 | €772 | -€2,591 | -77.0% |
| Suppliers | 440/4 | €3,363 | €772 | -€2,591 | -77.0% |
| Taxes, remuneration and social security | 45 | €34,163 | €15,219 | -€18,944 | -55.5% |
| Taxes | 450/3 | €34,163 | €15,219 | -€18,944 | -55.5% |
| Other amounts payable | 47/48 | €203,237 | €211,601 | +€8,364 | +4.1% |
| Accrued charges and deferred income | 492/3 | €51,689 | €65,586 | +€13,897 | +26.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,019 | €56,058 | +€1,038 | +1.9% |
| Other operating charges | 640/8 | €7,080 | €2,206 | -€4,874 | -68.8% |
| Non-recurring operating charges | 66A | €229 | €3,000 | +€2,771 | +1,210% |
| Gross operating margin | 9900 | €162,149 | €164,524 | +€2,375 | +1.5% |
| Operating profit (loss) | 9901 | €99,820 | €103,261 | +€3,440 | +3.4% |
| Financial income | 75/76B | €4 | €14 | +€10 | +227% |
| Recurring financial income | 75 | €4 | €14 | +€10 | +227% |
| Financial charges | 65/66B | €21,223 | €20,200 | -€1,023 | -4.8% |
| Recurring financial charges | 65 | €21,223 | €20,200 | -€1,023 | -4.8% |
| Profit (loss) for the period before taxes | 9903 | €78,601 | €83,074 | +€4,473 | +5.7% |
| Income taxes | 67/77 | €23,567 | €26,281 | +€2,714 | +11.5% |
| Profit (loss) for the period | 9904 | €55,034 | €56,793 | +€1,759 | +3.2% |
| Profit (loss) for the period to be appropriated | 9905 | €55,034 | €56,793 | +€1,759 | +3.2% |
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 24 October 2026 via checked.be.