Marlux-Stradus: what changed
What changed
Marlux-Stradus
NACE 23.610, Manufacture of other non-metallic mineral products
filed annual accounts (NBB)
Net result for the year
-€7.0m
2024 · -€10.9m+€3.9m
Equity
€19.5m
2024 · €66.5m-€47.0m
Cash
€3.2m
2024 · €790+€3.2m
Balance sheet total
€65.8m
2024 · €88.9m-€23.1m
Largest movements
Assets
- Receivables within one year -€21.1m
down €21.1m (-72.5%), from €29.1m to €8.0m
of which Other amounts receivable: -€19.9m
- Stocks and contracts -€3.4m
down €3.4m (-19.9%), from €17.3m to €13.8m
- Cash +€3.2m
up €3.2m (+408,751%), from €790 to €3.2m
mainly Debts after one year (+€32.1m) and Receivables within one year (+€21.1m)
- Tangible fixed assets -€2.3m
down €2.3m (-5.5%), from €42.4m to €40.1m
of which Plant, machinery and equipment: -€2.1m
Equity and liabilities
- Debts after one year +€32.1m
new in 2025: €32.1m
- Revaluation surpluses -€32.0m
no longer reported in 2025 (was €32.0m)
- Contributions -€8.0m
down €8.0m (-19.0%), from €42.0m to €34.0m
of which Capital: -€8.0m
- Other debts -€8.0m
no longer reported in 2025 (was €8.0m)
- Profit (loss) carried forward -€7.0m
down €7.0m (-55.6%), from -€12.6m to -€19.6m
Income statement
- Services and other goods -€2.9m
down €2.9m (-13.7%), from €21.1m to €18.2m
- Depreciation -€2.3m
down €2.3m (-56.4%), from €4.0m to €1.8m
- Turnover -€2.1m
down €2.1m (-3.3%), from €65.0m to €62.9m
- Goods and materials -€1.8m
down €1.8m (-6.4%), from €27.4m to €25.6m
of which Purchases: -€2.3m
- Provisions +€694,090
up €694,090 (+58.7%), from -€1.2m to -€488,849
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.
Result 2024
-€10.9m
Turnover
-€2.1m
Other operating income
-€298,982
Goods and materials
+€1.8m
Services and other goods
+€2.9m
Staff costs
+€345,669
Depreciation
+€2.3m
Write-downs
-€144,426
Provisions
-€694,090
Other operating charges
-€53,634
Other operating items
+€298,018
Financial income
-€382,264
Financial charges
-€454,033
Taxes
+€530,187
Result 2025
-€7.0m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€10.6m
Investment
+€117,395
Financing
-€7.5m
Cash 2024
€790
From operations (derived)
+€10.6m
Net result for the year
-€7.0m
Depreciation
+€1.8m
Stocks and contracts
+€3.4m
Receivables within one year
+€21.1m
Deferred charges and accrued income
-€90,989
Provisions
+€1.5m
Trade debts
-€2.4m
Tax, wage and social debts
+€158,349
Other debts
-€8.0m
Accrued charges and deferred income
+€125,156
Investment (derived)
+€117,395
Investment in fixed assets (net)
+€117,395
Financing
-€7.5m
Debts after one year
+€32.1m
Short-term financial debts
+€400,000
Contributions, distributions and other
-€40.0m
Cash 2025
€3.2m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €88,930,141 | €65,800,985 | -€23.1m | -26.0% |
| Fixed assets | 21/28 | €42,487,978 | €40,610,498 | -€1.9m | -4.4% |
| Intangible fixed assets | 21 | - | €447,970 | +€447,970 | |
| Tangible fixed assets | 22/27 | €42,391,548 | €40,074,620 | -€2.3m | -5.5% |
| Land and buildings | 22 | €35,047,127 | €34,947,679 | -€99,448 | -0.3% |
| Plant, machinery and equipment | 23 | €7,150,856 | €5,052,326 | -€2.1m | -29.3% |
| Furniture and vehicles | 24 | €193,566 | €74,615 | -€118,951 | -61.5% |
| Financial fixed assets | 28 | €96,430 | €87,908 | -€8,522 | -8.8% |
| Other financial fixed assets | 284/8 | €96,430 | €87,908 | -€8,522 | -8.8% |
| Shares | 284 | €74,368 | €74,368 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €22,062 | €13,540 | -€8,522 | -38.6% |
| Current assets | 29/58 | €46,442,163 | €25,190,487 | -€21.3m | -45.8% |
| Stocks and contracts in progress | 3 | €17,258,190 | €13,829,328 | -€3.4m | -19.9% |
| Stocks | 30/36 | €17,258,190 | €13,829,328 | -€3.4m | -19.9% |
| Raw materials and consumables | 30/31 | €4,369,514 | €3,538,344 | -€831,170 | -19.0% |
| Finished goods | 33 | €12,426,033 | €10,088,124 | -€2.3m | -18.8% |
| Goods purchased for resale | 34 | €462,644 | €202,860 | -€259,784 | -56.2% |
| Amounts receivable within one year | 40/41 | €29,149,741 | €8,007,823 | -€21.1m | -72.5% |
| Trade receivables | 40 | €9,131,247 | €7,872,851 | -€1.3m | -13.8% |
| Other amounts receivable | 41 | €20,018,494 | €134,972 | -€19.9m | -99.3% |
| Cash at bank and in hand | 54/58 | €790 | €3,228,905 | +€3.2m | +408,751% |
| Deferred charges and accrued income | 490/1 | €33,442 | €124,431 | +€90,989 | +272% |
| Total equity and liabilities | 10/49 | €88,930,141 | €65,800,985 | -€23.1m | -26.0% |
| Equity | 10/15 | €66,542,265 | €19,547,377 | -€47.0m | -70.6% |
| Contributions | 10/11 | €42,000,008 | €34,000,008 | -€8.0m | -19.0% |
| Capital | 10 | €42,000,000 | €34,000,000 | -€8.0m | -19.0% |
| Issued capital | 100 | €42,000,000 | €34,000,000 | -€8.0m | -19.0% |
| Contributions outside capital | 11 | €8 | €8 | = | 0.0% |
| Share premium | 1100/10 | €8 | €8 | = | 0.0% |
| Revaluation surpluses | 12 | €32,000,000 | - | -€32.0m | |
| Reserves | 13 | €5,128,912 | €5,128,912 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,000,000 | €5,000,000 | = | 0.0% |
| Legal reserve | 130 | €5,000,000 | €5,000,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €16,655 | €16,655 | = | 0.0% |
| Distributable reserves | 133 | €112,256 | €112,256 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,586,656 | -€19,581,544 | -€7.0m | -55.6% |
| Provisions and deferred taxes | 16 | €2,207,559 | €3,689,434 | +€1.5m | +67.1% |
| Provisions for liabilities and charges | 160/5 | €2,207,559 | €3,689,434 | +€1.5m | +67.1% |
| Pensions and similar obligations | 160 | - | €37,073 | +€37,073 | |
| Environmental obligations | 163 | €1,241,250 | €1,018,550 | -€222,700 | -17.9% |
| Other liabilities and charges | 164/5 | €966,309 | €2,633,811 | +€1.7m | +173% |
| Amounts payable | 17/49 | €20,180,318 | €42,564,174 | +€22.4m | +111% |
| Amounts payable after more than one year | 17 | - | €32,087,436 | +€32.1m | |
| Financial debts | 170/4 | - | €32,087,436 | +€32.1m | |
| Credit institutions | 173 | - | €29,400,000 | +€29.4m | |
| Other loans | 174 | - | €2,687,436 | +€2.7m | |
| Amounts payable within one year | 42/48 | €20,140,082 | €10,311,346 | -€9.8m | -48.8% |
| Financial debts | 43 | - | €400,000 | +€400,000 | |
| Other loans | 439 | - | €400,000 | +€400,000 | |
| Trade debts | 44 | €9,923,333 | €7,536,248 | -€2.4m | -24.1% |
| Suppliers | 440/4 | €9,923,333 | €7,536,248 | -€2.4m | -24.1% |
| Taxes, remuneration and social security | 45 | €2,216,749 | €2,375,098 | +€158,349 | +7.1% |
| Taxes | 450/3 | €193,603 | €75,865 | -€117,738 | -60.8% |
| Remuneration and social security | 454/9 | €2,023,146 | €2,299,233 | +€276,087 | +13.6% |
| Other amounts payable | 47/48 | €8,000,000 | - | -€8.0m | |
| Accrued charges and deferred income | 492/3 | €40,236 | €165,392 | +€125,156 | +311% |
| Operating income | 70/76A | €74,329,097 | €63,224,878 | -€11.1m | -14.9% |
| Turnover | 70 | €65,021,562 | €62,901,919 | -€2.1m | -3.3% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | -€1,311,969 | -€976,640 | +€335,329 | +25.6% |
| Other operating income | 74 | €1,598,580 | €1,299,599 | -€298,982 | -18.7% |
| Non-recurring operating income | 76A | €9,020,924 | €1 | -€9.0m | -100.0% |
| Operating charges | 60/66A | €84,932,280 | €69,577,681 | -€15.4m | -18.1% |
| Goods for resale, raw materials and consumables | 60 | €27,352,953 | €25,593,574 | -€1.8m | -6.4% |
| Purchases | 600/8 | €26,794,649 | €24,488,401 | -€2.3m | -8.6% |
| Change in stocks: decrease (increase) | 609 | €558,304 | €1,105,173 | +€546,869 | +98.0% |
| Services and other goods | 61 | €21,127,156 | €18,242,981 | -€2.9m | -13.7% |
| Remuneration, social security and pensions | 62 | €17,146,301 | €16,800,632 | -€345,669 | -2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,033,999 | €1,760,085 | -€2.3m | -56.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €35,006 | €179,433 | +€144,426 | +413% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€1,182,939 | -€488,849 | +€694,090 | +58.7% |
| Other operating charges | 640/8 | €488,887 | €542,521 | +€53,634 | +11.0% |
| Non-recurring operating charges | 66A | €15,930,916 | €6,947,303 | -€9.0m | -56.4% |
| Operating profit (loss) | 9901 | -€10,603,183 | -€6,352,803 | +€4.3m | +40.1% |
| Financial income | 75/76B | €662,329 | €280,065 | -€382,264 | -57.7% |
| Recurring financial income | 75 | €662,329 | €280,065 | -€382,264 | -57.7% |
| Income from current assets | 751 | €564,601 | €126,710 | -€437,890 | -77.6% |
| Other financial income | 752/9 | €97,729 | €153,355 | +€55,626 | +56.9% |
| Financial charges | 65/66B | €448,253 | €902,286 | +€454,033 | +101% |
| Recurring financial charges | 65 | €448,253 | €902,286 | +€454,033 | +101% |
| Debt charges | 650 | €41,957 | €514,562 | +€472,605 | +1,126% |
| Other financial charges | 652/9 | €406,296 | €387,723 | -€18,572 | -4.6% |
| Profit (loss) for the period before taxes | 9903 | -€10,389,106 | -€6,975,024 | +€3.4m | +32.9% |
| Income taxes | 67/77 | €550,051 | €19,864 | -€530,187 | -96.4% |
| Taxes | 670/3 | €550,051 | €19,864 | -€530,187 | -96.4% |
| Profit (loss) for the period | 9904 | -€10,939,157 | -€6,994,888 | +€3.9m | +36.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,939,157 | -€6,994,888 | +€3.9m | +36.1% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.