Marlou: 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.
Marlou
Largest movements
- Tangible fixed assets +€96,204
up €96,204 (+91.1%), from €105,560 to €201,763
of which Land and buildings: +€163,384
- Receivables within one year -€11,159
down €11,159 (-4.2%), from €262,827 to €251,667
of which Other amounts receivable: -€23,990
- Reserves +€489,709
up €489,709 (+26328.5%), from €1,860 to €491,569
- Other debts -€333,948
down €333,948 (-84.3%), from €396,249 to €62,300
- Tax, wage and social debts -€74,934
down €74,934 (-89.9%), from €83,392 to €8,458
- Gross operating margin +€37,615
up €37,615 (+5.8%), from €644,825 to €682,440
- Taxes +€8,553
up €8,553 (+5.5%), from €155,905 to €164,458
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 | €501,875 | €582,277 | +€80,402 | +16.0% |
| Fixed assets | 21/28 | €105,660 | €201,863 | +€96,204 | +91.1% |
| Tangible fixed assets | 22/27 | €105,560 | €201,763 | +€96,204 | +91.1% |
| Land and buildings | 22 | €35,419 | €198,803 | +€163,384 | +461.3% |
| Furniture and vehicles | 24 | €4,384 | €2,960 | -€1,424 | -32.5% |
| Assets under construction and advance payments | 27 | €65,756 | €0 | -€65,756 | -100.0% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €396,215 | €380,414 | -€15,802 | -4.0% |
| Amounts receivable within one year | 40/41 | €262,827 | €251,667 | -€11,159 | -4.2% |
| Trade receivables | 40 | €238,837 | €251,667 | +€12,831 | +5.4% |
| Other amounts receivable | 41 | €23,990 | €0 | -€23,990 | -100.0% |
| Cash at bank and in hand | 54/58 | €133,388 | €128,746 | -€4,642 | -3.5% |
| Total equity and liabilities | 10/49 | €501,875 | €582,277 | +€80,402 | +16.0% |
| Equity | 10/15 | €20,460 | €510,169 | +€489,709 | +2393.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €491,569 | +€489,709 | +26328.5% |
| Distributable reserves | 133 | €1,860 | €491,569 | +€489,709 | +26328.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €481,415 | €72,108 | -€409,307 | -85.0% |
| Amounts payable within one year | 42/48 | €481,415 | €72,108 | -€409,307 | -85.0% |
| Trade debts | 44 | €1,774 | €1,349 | -€425 | -24.0% |
| Suppliers | 440/4 | €1,774 | €1,349 | -€425 | -24.0% |
| Taxes, remuneration and social security | 45 | €83,392 | €8,458 | -€74,934 | -89.9% |
| Taxes | 450/3 | €83,392 | €8,458 | -€74,934 | -89.9% |
| Other amounts payable | 47/48 | €396,249 | €62,300 | -€333,948 | -84.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,523 | €5,352 | +€1,829 | +51.9% |
| Other operating charges | 640/8 | €19,385 | €22,810 | +€3,425 | +17.7% |
| Gross operating margin | 9900 | €644,825 | €682,440 | +€37,615 | +5.8% |
| Operating profit (loss) | 9901 | €621,917 | €654,278 | +€32,361 | +5.2% |
| Financial income | 75/76B | €301 | €14 | -€287 | -95.4% |
| Recurring financial income | 75 | €301 | €14 | -€287 | -95.4% |
| Financial charges | 65/66B | €138 | €125 | -€13 | -9.6% |
| Recurring financial charges | 65 | €138 | €125 | -€13 | -9.6% |
| Profit (loss) for the period before taxes | 9903 | €622,080 | €654,167 | +€32,087 | +5.2% |
| Income taxes | 67/77 | €155,905 | €164,458 | +€8,553 | +5.5% |
| Profit (loss) for the period | 9904 | €466,175 | €489,709 | +€23,535 | +5.0% |
| Profit (loss) for the period to be appropriated | 9905 | €466,175 | €489,709 | +€23,535 | +5.0% |
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 10 October 2026 via checked.be.