Marlo Invest: what changed
Marlo Invest
Largest movements
- Current investments +€50,586
new in 2025: €50,586
- Receivables within one year +€40,375
up €40,375 (+48.1%), from €83,882 to €124,257
of which Other amounts receivable: +€22,879
- Tangible fixed assets -€3,749
down €3,749 (-32.2%), from €11,649 to €7,899
- Cash -€2,977
down €2,977 (-7.5%), from €39,844 to €36,868
mainly Current investments (-€50,586) and Receivables within one year (-€40,375)
- Profit (loss) carried forward +€80,227
up €80,227 (+104%), from €76,777 to €157,004
- Tax, wage and social debts +€3,717
up €3,717 (+12.6%), from €29,556 to €33,273
- Gross operating margin +€5,161
up €5,161 (+4.9%), from €105,082 to €110,243
- Taxes +€1,230
up €1,230 (+5.6%), from €22,017 to €23,247
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €136,751 | €220,694 | +€83,944 | +61.4% |
| Fixed assets | 21/28 | €11,649 | €7,899 | -€3,749 | -32.2% |
| Tangible fixed assets | 22/27 | €11,649 | €7,899 | -€3,749 | -32.2% |
| Furniture and vehicles | 24 | €11,649 | €7,899 | -€3,749 | -32.2% |
| Current assets | 29/58 | €125,102 | €212,795 | +€87,693 | +70.1% |
| Amounts receivable within one year | 40/41 | €83,882 | €124,257 | +€40,375 | +48.1% |
| Trade receivables | 40 | €9,526 | €27,022 | +€17,496 | +184% |
| Other amounts receivable | 41 | €74,356 | €97,235 | +€22,879 | +30.8% |
| Current investments | 50/53 | - | €50,586 | +€50,586 | |
| Cash at bank and in hand | 54/58 | €39,844 | €36,868 | -€2,977 | -7.5% |
| Deferred charges and accrued income | 490/1 | €1,376 | €1,085 | -€292 | -21.2% |
| Total equity and liabilities | 10/49 | €136,751 | €220,694 | +€83,944 | +61.4% |
| Equity | 10/15 | €107,195 | €187,421 | +€80,227 | +74.8% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €29,418 | €29,418 | = | 0.0% |
| Distributable reserves | 133 | €29,418 | €29,418 | = | 0.0% |
| Profit (loss) carried forward | 14 | €76,777 | €157,004 | +€80,227 | +104% |
| Amounts payable | 17/49 | €29,556 | €33,273 | +€3,717 | +12.6% |
| Amounts payable within one year | 42/48 | €29,556 | €33,273 | +€3,717 | +12.6% |
| Taxes, remuneration and social security | 45 | €29,556 | €33,273 | +€3,717 | +12.6% |
| Taxes | 450/3 | €29,556 | €33,273 | +€3,717 | +12.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,078 | €6,530 | +€453 | +7.4% |
| Gross operating margin | 9900 | €105,082 | €110,243 | +€5,161 | +4.9% |
| Operating profit (loss) | 9901 | €99,004 | €103,713 | +€4,709 | +4.8% |
| Financial income | 75/76B | - | €182 | +€182 | |
| Recurring financial income | 75 | - | €182 | +€182 | |
| Financial charges | 65/66B | €210 | €421 | +€210 | +100% |
| Recurring financial charges | 65 | €210 | €421 | +€210 | +100% |
| Profit (loss) for the period before taxes | 9903 | €98,794 | €103,474 | +€4,680 | +4.7% |
| Income taxes | 67/77 | €22,017 | €23,247 | +€1,230 | +5.6% |
| Profit (loss) for the period | 9904 | €76,777 | €80,227 | +€3,450 | +4.5% |
| Profit (loss) for the period to be appropriated | 9905 | €76,777 | €80,227 | +€3,450 | +4.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.