MARLAND: 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
MARLAND
NACE 01.500, Mixed farming
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€127,296
2024 · €79,541+€47,756
Equity
€723,116
2024 · €595,820+€127,296
Cash
€62,773
2024 · €23,593+€39,180
Balance sheet total
€1.6m
2024 · €1.6m+€77,513
Largest movements
Assets
- Receivables within one year +€39,471
up €39,471 (+65.0%), from €60,686 to €100,158
of which Other amounts receivable: +€32,145
- Cash +€39,180
up €39,180 (+166%), from €23,593 to €62,773
mainly Depreciation (+€188,832) and Net result for the year (+€127,296)
Equity and liabilities
- Profit (loss) carried forward +€127,296
up €127,296 (+21.7%), from €587,760 to €715,056
- Trade debts -€51,560
down €51,560 (-46.7%), from €110,316 to €58,757
Income statement
- Gross operating margin +€61,839
up €61,839 (+21.5%), from €288,089 to €349,928
- Depreciation +€20,298
up €20,298 (+12.0%), from €168,534 to €188,832
- Staff costs -€17,808
down €17,808 (-98.7%), from €18,046 to €239
- Other operating charges +€4,742
up €4,742 (+185%), from €2,561 to €7,303
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.
Result 2024
€79,541
Gross operating margin
+€61,839
Staff costs
+€17,808
Depreciation
-€20,298
Other operating charges
-€4,742
Financial income
-€853
Financial charges
+€93
Taxes
-€1,491
Deferred taxes and other
-€4,600
Result 2025
€127,296
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€238,021
Investment
-€186,646
Financing
-€12,195
Cash 2024
€23,593
From operations (derived)
+€238,021
Net result for the year
+€127,296
Depreciation
+€188,832
Stocks and contracts
+€1,856
Receivables within one year
-€39,471
Deferred charges and accrued income
-€2,903
Trade debts
-€51,560
Tax, wage and social debts
+€13,971
Investment (derived)
-€186,646
Investment in fixed assets (net)
-€191,639
Current investments
+€4,993
Financing
-€12,195
Debts after one year
-€8,232
Current portion of long-term debt
-€3,914
Short-term financial debts
-€49
Cash 2025
€62,773
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,570,141 | €1,647,654 | +€77,513 | +4.9% |
| Fixed assets | 21/28 | €1,290,647 | €1,293,454 | +€2,808 | +0.2% |
| Tangible fixed assets | 22/27 | €1,273,629 | €1,276,437 | +€2,808 | +0.2% |
| Land and buildings | 22 | €626,763 | €715,066 | +€88,303 | +14.1% |
| Plant, machinery and equipment | 23 | €370,488 | €325,529 | -€44,959 | -12.1% |
| Furniture and vehicles | 24 | €172,483 | €147,731 | -€24,752 | -14.4% |
| Leasing and similar rights | 25 | €103,895 | €88,111 | -€15,784 | -15.2% |
| Financial fixed assets | 28 | €17,017 | €17,017 | = | 0.0% |
| Current assets | 29/58 | €279,494 | €354,200 | +€74,705 | +26.7% |
| Stocks and contracts in progress | 3 | €184,326 | €182,470 | -€1,856 | -1.0% |
| Stocks | 30/36 | €184,326 | €182,470 | -€1,856 | -1.0% |
| Amounts receivable within one year | 40/41 | €60,686 | €100,158 | +€39,471 | +65.0% |
| Trade receivables | 40 | €47,073 | €54,398 | +€7,326 | +15.6% |
| Other amounts receivable | 41 | €13,614 | €45,759 | +€32,145 | +236% |
| Current investments | 50/53 | €5,151 | €158 | -€4,993 | -96.9% |
| Cash at bank and in hand | 54/58 | €23,593 | €62,773 | +€39,180 | +166% |
| Deferred charges and accrued income | 490/1 | €5,739 | €8,642 | +€2,903 | +50.6% |
| Total equity and liabilities | 10/49 | €1,570,141 | €1,647,654 | +€77,513 | +4.9% |
| Equity | 10/15 | €595,820 | €723,116 | +€127,296 | +21.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | €587,760 | €715,056 | +€127,296 | +21.7% |
| Amounts payable | 17/49 | €974,321 | €924,538 | -€49,783 | -5.1% |
| Amounts payable after more than one year | 17 | €693,136 | €684,904 | -€8,232 | -1.2% |
| Financial debts | 170/4 | €529,710 | €489,115 | -€40,594 | -7.7% |
| Other amounts payable | 178/9 | €163,426 | €195,788 | +€32,362 | +19.8% |
| Amounts payable within one year | 42/48 | €281,185 | €239,634 | -€41,551 | -14.8% |
| Current portion of amounts payable after more than one year | 42 | €128,918 | €125,003 | -€3,914 | -3.0% |
| Financial debts | 43 | €57 | €8 | -€49 | -85.8% |
| Credit institutions | 430/8 | €57 | €8 | -€49 | -85.8% |
| Trade debts | 44 | €110,316 | €58,757 | -€51,560 | -46.7% |
| Suppliers | 440/4 | €110,316 | €58,757 | -€51,560 | -46.7% |
| Taxes, remuneration and social security | 45 | €41,895 | €55,866 | +€13,971 | +33.3% |
| Taxes | 450/3 | €35,267 | €18,646 | -€16,621 | -47.1% |
| Remuneration and social security | 454/9 | €6,628 | €37,220 | +€30,592 | +462% |
| Non-recurring operating income | 76A | - | €107,552 | +€107,552 | |
| Remuneration, social security and pensions | 62 | €18,046 | €239 | -€17,808 | -98.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €168,534 | €188,832 | +€20,298 | +12.0% |
| Other operating charges | 640/8 | €2,561 | €7,303 | +€4,742 | +185% |
| Gross operating margin | 9900 | €288,089 | €349,928 | +€61,839 | +21.5% |
| Operating profit (loss) | 9901 | €98,948 | €153,555 | +€54,607 | +55.2% |
| Financial income | 75/76B | €1,345 | €492 | -€853 | -63.4% |
| Recurring financial income | 75 | €1,345 | €492 | -€853 | -63.4% |
| Financial charges | 65/66B | €20,092 | €19,999 | -€93 | -0.5% |
| Recurring financial charges | 65 | €20,092 | €19,999 | -€93 | -0.5% |
| Profit (loss) for the period before taxes | 9903 | €80,201 | €134,047 | +€53,847 | +67.1% |
| Transfer from deferred taxes | 780 | €4,600 | - | -€4,600 | |
| Income taxes | 67/77 | €5,260 | €6,751 | +€1,491 | +28.3% |
| Profit (loss) for the period | 9904 | €79,541 | €127,296 | +€47,756 | +60.0% |
| Transfer from tax-exempt reserves | 789 | €13,900 | - | -€13,900 | |
| Profit (loss) for the period to be appropriated | 9905 | €93,441 | €127,296 | +€33,856 | +36.2% |
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 30 October 2026 via checked.be.