MARLIBOUW: what changed
Two fiscal 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.
MARLIBOUW
Largest movements
- Receivables within one year -€21,688
down €21,688 (-58.8%), from €36,854 to €15,166
of which Other amounts receivable: -€25,251
- Deferred charges and accrued income +€12,434
up €12,434 (+429.7%), from €2,894 to €15,327
- Receivables after one year +€5,956
up €5,956 (+19.9%), from €29,982 to €35,939
- Cash +€4,470
up €4,470 (+310.6%), from €1,439 to €5,909
mainly Receivables within one year (+€21,688) and Net result for the year (+€9,181)
- Tangible fixed assets -€958
down €958 (-42.8%), from €2,236 to €1,278
- Reserves +€9,181
up €9,181 (+24.2%), from €37,968 to €47,149
of which Distributable reserves: +€9,181
- Debts after one year -€6,958
down €6,958 (-85.3%), from €8,154 to €1,195
- Trade debts -€3,893
down €3,893 (-27.8%), from €14,014 to €10,121
- Tax, wage and social debts +€1,528
up €1,528, from €0 to €1,528
of which Taxes: +€1,528
- Gross operating margin +€24,684
up €24,684, from -€9,964 to €14,721
- Taxes +€1,528
up €1,528, from €0 to €1,528
- Financial charges +€1,280
up €1,280 (+43.2%), from €2,960 to €4,239
- Financial income -€668
down €668 (-19.8%), from €3,379 to €2,711
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
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 | €73,405 | €73,618 | +€214 | +0.3% |
| Fixed assets | 21/28 | €2,236 | €1,278 | -€958 | -42.8% |
| Tangible fixed assets | 22/27 | €2,236 | €1,278 | -€958 | -42.8% |
| Plant, machinery and equipment | 23 | €2,236 | €1,278 | -€958 | -42.8% |
| Current assets | 29/58 | €71,169 | €72,340 | +€1,172 | +1.6% |
| Amounts receivable after more than one year | 29 | €29,982 | €35,939 | +€5,956 | +19.9% |
| Other amounts receivable | 291 | €29,982 | €35,939 | +€5,956 | +19.9% |
| Amounts receivable within one year | 40/41 | €36,854 | €15,166 | -€21,688 | -58.8% |
| Trade receivables | 40 | €167 | €3,729 | +€3,563 | +2134.4% |
| Other amounts receivable | 41 | €36,687 | €11,436 | -€25,251 | -68.8% |
| Cash at bank and in hand | 54/58 | €1,439 | €5,909 | +€4,470 | +310.6% |
| Deferred charges and accrued income | 490/1 | €2,894 | €15,327 | +€12,434 | +429.7% |
| Total equity and liabilities | 10/49 | €73,405 | €73,618 | +€214 | +0.3% |
| Equity | 10/15 | €44,634 | €53,816 | +€9,181 | +20.6% |
| Contributions | 10/11 | €6,667 | €6,667 | = | 0.0% |
| Reserves | 13 | €37,968 | €47,149 | +€9,181 | +24.2% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €35,968 | €45,149 | +€9,181 | +25.5% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €28,770 | €19,802 | -€8,968 | -31.2% |
| Amounts payable after more than one year | 17 | €8,154 | €1,195 | -€6,958 | -85.3% |
| Financial debts | 170/4 | €8,154 | €1,195 | -€6,958 | -85.3% |
| Amounts payable within one year | 42/48 | €20,616 | €18,607 | -€2,009 | -9.7% |
| Current portion of amounts payable after more than one year | 42 | €6,603 | €6,958 | +€356 | +5.4% |
| Trade debts | 44 | €14,014 | €10,121 | -€3,893 | -27.8% |
| Suppliers | 440/4 | €14,014 | €10,121 | -€3,893 | -27.8% |
| Taxes, remuneration and social security | 45 | €0 | €1,528 | +€1,528 | |
| Taxes | 450/3 | €0 | €1,528 | +€1,528 | |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €958 | €958 | = | 0.0% |
| Other operating charges | 640/8 | €1,421 | €1,525 | +€103 | +7.3% |
| Gross operating margin | 9900 | -€9,964 | €14,721 | +€24,684 | |
| Operating profit (loss) | 9901 | -€12,343 | €12,238 | +€24,581 | |
| Financial income | 75/76B | €3,379 | €2,711 | -€668 | -19.8% |
| Recurring financial income | 75 | €3,379 | €2,711 | -€668 | -19.8% |
| Financial charges | 65/66B | €2,960 | €4,239 | +€1,280 | +43.2% |
| Recurring financial charges | 65 | €2,960 | €4,239 | +€1,280 | +43.2% |
| Profit (loss) for the period before taxes | 9903 | -€11,924 | €10,709 | +€22,634 | |
| Income taxes | 67/77 | €0 | €1,528 | +€1,528 | |
| Profit (loss) for the period | 9904 | -€11,924 | €9,181 | +€21,106 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,924 | €9,181 | +€21,106 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.