MARLING PARTNERS: 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.
MARLING PARTNERS
Largest movements
- Cash +€31,619
up €31,619 (+16.7%), from €189,068 to €220,687
mainly Other debts (+€206,186) and Net result for the year (+€74,281)
- Receivables within one year -€28,488
down €28,488 (-59.3%), from €48,067 to €19,579
of which Other amounts receivable: -€20,372
- Tangible fixed assets +€7,074
up €7,074 (+33.0%), from €21,438 to €28,512
of which Other tangible fixed assets: +€14,789
- Other debts +€206,186
new in 2025: €206,186
- Profit (loss) carried forward -€161,904
no longer reported in 2025 (was €161,904)
- Accrued charges and deferred income -€37,840
down €37,840 (-53.0%), from €71,398 to €33,559
- Trade debts +€18,500
up €18,500 (+1,301%), from €1,422 to €19,922
- Tax, wage and social debts -€12,283
down €12,283 (-62.4%), from €19,685 to €7,402
- Staff costs +€17,657
new in 2025: €17,657
- Gross operating margin +€17,534
up €17,534 (+16.9%), from €103,594 to €121,127
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 | €260,122 | €272,897 | +€12,774 | +4.9% |
| Fixed assets | 21/28 | €21,438 | €29,262 | +€7,824 | +36.5% |
| Tangible fixed assets | 22/27 | €21,438 | €28,512 | +€7,074 | +33.0% |
| Furniture and vehicles | 24 | €21,438 | €13,723 | -€7,715 | -36.0% |
| Other tangible fixed assets | 26 | - | €14,789 | +€14,789 | |
| Financial fixed assets | 28 | - | €750 | +€750 | |
| Current assets | 29/58 | €238,685 | €243,635 | +€4,950 | +2.1% |
| Amounts receivable within one year | 40/41 | €48,067 | €19,579 | -€28,488 | -59.3% |
| Trade receivables | 40 | €16,101 | €7,986 | -€8,115 | -50.4% |
| Other amounts receivable | 41 | €31,965 | €11,593 | -€20,372 | -63.7% |
| Cash at bank and in hand | 54/58 | €189,068 | €220,687 | +€31,619 | +16.7% |
| Deferred charges and accrued income | 490/1 | €1,551 | €3,369 | +€1,818 | +117% |
| Total equity and liabilities | 10/49 | €260,122 | €272,897 | +€12,774 | +4.9% |
| Equity | 10/15 | €166,904 | €5,000 | -€161,904 | -97.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €161,904 | - | -€161,904 | |
| Amounts payable | 17/49 | €93,218 | €267,897 | +€174,679 | +187% |
| Amounts payable within one year | 42/48 | €21,820 | €234,338 | +€212,518 | +974% |
| Financial debts | 43 | €713 | €828 | +€115 | +16.2% |
| Credit institutions | 430/8 | €713 | €828 | +€115 | +16.2% |
| Trade debts | 44 | €1,422 | €19,922 | +€18,500 | +1,301% |
| Suppliers | 440/4 | €1,422 | €19,922 | +€18,500 | +1,301% |
| Taxes, remuneration and social security | 45 | €19,685 | €7,402 | -€12,283 | -62.4% |
| Taxes | 450/3 | €19,685 | €7,402 | -€12,283 | -62.4% |
| Other amounts payable | 47/48 | - | €206,186 | +€206,186 | |
| Accrued charges and deferred income | 492/3 | €71,398 | €33,559 | -€37,840 | -53.0% |
| Remuneration, social security and pensions | 62 | - | €17,657 | +€17,657 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,700 | €7,993 | +€293 | +3.8% |
| Other operating charges | 640/8 | €1,284 | €888 | -€396 | -30.8% |
| Gross operating margin | 9900 | €103,594 | €121,127 | +€17,534 | +16.9% |
| Operating profit (loss) | 9901 | €94,610 | €94,590 | -€20 | 0.0% |
| Financial charges | 65/66B | €60 | €119 | +€60 | +100% |
| Recurring financial charges | 65 | €60 | €119 | +€60 | +100% |
| Profit (loss) for the period before taxes | 9903 | €94,550 | €94,471 | -€80 | -0.1% |
| Income taxes | 67/77 | €19,685 | €20,189 | +€505 | +2.6% |
| Profit (loss) for the period | 9904 | €74,866 | €74,281 | -€584 | -0.8% |
| Profit (loss) for the period to be appropriated | 9905 | €74,866 | €74,281 | -€584 | -0.8% |
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 17 October 2026 via checked.be.