MARLOTTES: 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.
MARLOTTES
Largest movements
- Cash +€250,268
up €250,268 (+77.0%), from €325,108 to €575,375
mainly Trade debts (+€375,627) and Net result for the year (+€76,455)
- Receivables within one year +€202,011
up €202,011 (+159.5%), from €126,636 to €328,647
of which Trade receivables: +€206,207
- Trade debts +€375,627
up €375,627 (+241.9%), from €155,305 to €530,933
- Reserves +€65,623
up €65,623 (+24.3%), from €269,819 to €335,441
of which Distributable reserves: +€65,623
- Gross operating margin -€29,354
down €29,354 (-20.9%), from €140,587 to €111,234
- Taxes -€8,200
down €8,200 (-21.5%), from €38,204 to €30,004
- Financial charges -€2,909
down €2,909 (-76.6%), from €3,799 to €890
- Depreciation +€2,144
up €2,144 (+129.6%), from €1,654 to €3,799
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 | €465,825 | €912,585 | +€446,760 | +95.9% |
| Fixed assets | 21/28 | €10,712 | €6,914 | -€3,799 | -35.5% |
| Tangible fixed assets | 22/27 | €10,712 | €6,914 | -€3,799 | -35.5% |
| Furniture and vehicles | 24 | €10,712 | €6,914 | -€3,799 | -35.5% |
| Current assets | 29/58 | €455,113 | €905,672 | +€450,559 | +99.0% |
| Amounts receivable within one year | 40/41 | €126,636 | €328,647 | +€202,011 | +159.5% |
| Trade receivables | 40 | €114,799 | €321,005 | +€206,207 | +179.6% |
| Other amounts receivable | 41 | €11,837 | €7,642 | -€4,195 | -35.4% |
| Cash at bank and in hand | 54/58 | €325,108 | €575,375 | +€250,268 | +77.0% |
| Deferred charges and accrued income | 490/1 | €3,370 | €1,649 | -€1,720 | -51.1% |
| Total equity and liabilities | 10/49 | €465,825 | €912,585 | +€446,760 | +95.9% |
| Equity | 10/15 | €288,369 | €353,991 | +€65,623 | +22.8% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €269,819 | €335,441 | +€65,623 | +24.3% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €269,819 | €335,441 | +€65,623 | +24.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €177,457 | €558,594 | +€381,137 | +214.8% |
| Amounts payable within one year | 42/48 | €174,662 | €557,169 | +€382,507 | +219.0% |
| Trade debts | 44 | €155,305 | €530,933 | +€375,627 | +241.9% |
| Suppliers | 440/4 | €155,305 | €530,933 | +€375,627 | +241.9% |
| Taxes, remuneration and social security | 45 | €17,520 | €21,074 | +€3,554 | +20.3% |
| Taxes | 450/3 | €15,120 | €18,674 | +€3,554 | +23.5% |
| Remuneration and social security | 454/9 | €2,400 | €2,400 | = | 0.0% |
| Other amounts payable | 47/48 | €1,836 | €5,162 | +€3,326 | +181.2% |
| Accrued charges and deferred income | 492/3 | €2,795 | €1,425 | -€1,370 | -49.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,654 | €3,799 | +€2,144 | +129.6% |
| Other operating charges | 640/8 | €493 | €671 | +€178 | +36.1% |
| Gross operating margin | 9900 | €140,587 | €111,234 | -€29,354 | -20.9% |
| Operating profit (loss) | 9901 | €138,439 | €106,763 | -€31,676 | -22.9% |
| Financial income | 75/76B | €213 | €586 | +€373 | +175.4% |
| Recurring financial income | 75 | €213 | €586 | +€373 | +175.4% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €3,799 | €890 | -€2,909 | -76.6% |
| Recurring financial charges | 65 | €3,799 | €890 | -€2,909 | -76.6% |
| Profit (loss) for the period before taxes | 9903 | €134,853 | €106,459 | -€28,394 | -21.1% |
| Income taxes | 67/77 | €38,204 | €30,004 | -€8,200 | -21.5% |
| Profit (loss) for the period | 9904 | €96,649 | €76,455 | -€20,193 | -20.9% |
| Profit (loss) for the period to be appropriated | 9905 | €96,649 | €76,455 | -€20,193 | -20.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.