MARLO TRUCKS: 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.
MARLO TRUCKS
Largest movements
- Receivables within one year -€64,052
down €64,052 (-36.9%), from €173,700 to €109,649
of which Other amounts receivable: -€53,332
- Tangible fixed assets -€12,264
down €12,264 (-3.8%), from €321,000 to €308,736
of which Plant, machinery and equipment: -€10,710
- Cash +€11,732
up €11,732 (+8.7%), from €134,438 to €146,170
mainly Receivables within one year (+€64,052) and Net result for the year (+€54,431)
- Profit (loss) carried forward +€54,431
up €54,431 (+24.4%), from €223,460 to €277,891
- Other debts -€49,419
down €49,419 (-31.2%), from €158,400 to €108,981
- Trade debts -€47,478
down €47,478 (-94.5%), from €50,247 to €2,769
- Current portion of long-term debt -€23,068
down €23,068 (-70.4%), from €32,787 to €9,719
- Tax, wage and social debts +€12,002
up €12,002 (+140%), from €8,548 to €20,550
- Gross operating margin -€82,328
down €82,328 (-44.6%), from €184,569 to €102,241
- Depreciation -€37,675
down €37,675 (-75.4%), from €49,939 to €12,264
- Taxes +€12,393
up €12,393 (+168%), from €7,373 to €19,766
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 | €629,293 | €566,042 | -€63,251 | -10.1% |
| Fixed assets | 21/28 | €321,155 | €308,891 | -€12,264 | -3.8% |
| Tangible fixed assets | 22/27 | €321,000 | €308,736 | -€12,264 | -3.8% |
| Land and buildings | 22 | €246,836 | €245,282 | -€1,554 | -0.6% |
| Plant, machinery and equipment | 23 | €74,164 | €63,454 | -€10,710 | -14.4% |
| Furniture and vehicles | 24 | €0 | €0 | -€0 | -100% |
| Financial fixed assets | 28 | €155 | €155 | = | 0.0% |
| Current assets | 29/58 | €308,138 | €257,151 | -€50,987 | -16.5% |
| Amounts receivable within one year | 40/41 | €173,700 | €109,649 | -€64,052 | -36.9% |
| Trade receivables | 40 | €47,600 | €36,880 | -€10,720 | -22.5% |
| Other amounts receivable | 41 | €126,100 | €72,769 | -€53,332 | -42.3% |
| Cash at bank and in hand | 54/58 | €134,438 | €146,170 | +€11,732 | +8.7% |
| Deferred charges and accrued income | 490/1 | - | €1,332 | +€1,332 | |
| Total equity and liabilities | 10/49 | €629,293 | €566,042 | -€63,251 | -10.1% |
| Equity | 10/15 | €325,038 | €379,469 | +€54,431 | +16.7% |
| Contributions | 10/11 | €95,000 | €95,000 | = | 0.0% |
| Reserves | 13 | €6,578 | €6,578 | = | 0.0% |
| Distributable reserves | 133 | €6,578 | €6,578 | = | 0.0% |
| Profit (loss) carried forward | 14 | €223,460 | €277,891 | +€54,431 | +24.4% |
| Amounts payable | 17/49 | €304,255 | €186,573 | -€117,682 | -38.7% |
| Amounts payable after more than one year | 17 | €54,273 | €44,554 | -€9,719 | -17.9% |
| Financial debts | 170/4 | €54,273 | €44,554 | -€9,719 | -17.9% |
| Amounts payable within one year | 42/48 | €249,982 | €142,019 | -€107,963 | -43.2% |
| Current portion of amounts payable after more than one year | 42 | €32,787 | €9,719 | -€23,068 | -70.4% |
| Trade debts | 44 | €50,247 | €2,769 | -€47,478 | -94.5% |
| Suppliers | 440/4 | €50,247 | €2,769 | -€47,478 | -94.5% |
| Taxes, remuneration and social security | 45 | €8,548 | €20,550 | +€12,002 | +140% |
| Taxes | 450/3 | €8,548 | €20,550 | +€12,002 | +140% |
| Other amounts payable | 47/48 | €158,400 | €108,981 | -€49,419 | -31.2% |
| Accrued charges and deferred income | 492/3 | €0 | - | -€0 | |
| Non-recurring operating income | 76A | - | €0 | +€0 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,939 | €12,264 | -€37,675 | -75.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,692 | +€1,692 | |
| Other operating charges | 640/8 | €8,930 | €10,336 | +€1,407 | +15.8% |
| Non-recurring operating charges | 66A | - | €0 | +€0 | |
| Gross operating margin | 9900 | €184,569 | €102,241 | -€82,328 | -44.6% |
| Operating profit (loss) | 9901 | €125,700 | €77,949 | -€47,752 | -38.0% |
| Financial income | 75/76B | €0 | €0 | = | 0.0% |
| Recurring financial income | 75 | €0 | €0 | = | 0.0% |
| Financial charges | 65/66B | €2,976 | €3,752 | +€775 | +26.0% |
| Recurring financial charges | 65 | €2,976 | €3,752 | +€775 | +26.0% |
| Profit (loss) for the period before taxes | 9903 | €122,724 | €74,197 | -€48,527 | -39.5% |
| Income taxes | 67/77 | €7,373 | €19,766 | +€12,393 | +168% |
| Profit (loss) for the period | 9904 | €115,351 | €54,431 | -€60,920 | -52.8% |
| Profit (loss) for the period to be appropriated | 9905 | €115,351 | €54,431 | -€60,920 | -52.8% |
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 16 October 2026 via checked.be.