MARLYSE GORISSEN: 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.
MARLYSE GORISSEN
Largest movements
- Tangible fixed assets -€17,451
down €17,451 (-11.0%), from €158,091 to €140,640
of which Land and buildings: -€10,762
- Stocks and contracts +€3,460
up €3,460 (+14.2%), from €24,415 to €27,875
- Receivables within one year +€2,392
up €2,392 (+23.6%), from €10,150 to €12,542
- Current portion of long-term debt -€10,716
down €10,716 (-61.4%), from €17,440 to €6,724
- Debts after one year -€6,724
down €6,724 (-7.6%), from €88,232 to €81,508
- Trade debts +€3,564
up €3,564 (+102%), from €3,505 to €7,069
- Profit (loss) carried forward +€3,175
up €3,175 (+5.3%), from €59,969 to €63,144
- Other debts -€2,013
down €2,013 (-29.9%), from €6,724 to €4,711
- Staff costs +€4,766
up €4,766 (+21,354%), from €22 to €4,789
- Financial charges -€2,734
down €2,734 (-43.0%), from €6,361 to €3,627
- Gross operating margin +€2,434
up €2,434 (+6.5%), from €37,677 to €40,111
- Other operating charges +€1,165
up €1,165 (+18.7%), from €6,216 to €7,381
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 | €192,663 | €181,553 | -€11,111 | -5.8% |
| Fixed assets | 21/28 | €158,091 | €140,640 | -€17,451 | -11.0% |
| Tangible fixed assets | 22/27 | €158,091 | €140,640 | -€17,451 | -11.0% |
| Land and buildings | 22 | €138,024 | €127,262 | -€10,762 | -7.8% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Leasing and similar rights | 25 | €20,067 | €13,378 | -€6,689 | -33.3% |
| Current assets | 29/58 | €34,573 | €40,913 | +€6,340 | +18.3% |
| Stocks and contracts in progress | 3 | €24,415 | €27,875 | +€3,460 | +14.2% |
| Stocks | 30/36 | €24,415 | €27,875 | +€3,460 | +14.2% |
| Amounts receivable within one year | 40/41 | €10,150 | €12,542 | +€2,392 | +23.6% |
| Trade receivables | 40 | €10,150 | €12,542 | +€2,392 | +23.6% |
| Cash at bank and in hand | 54/58 | €0 | €0 | = | 0.0% |
| Deferred charges and accrued income | 490/1 | €8 | €496 | +€488 | +6,174% |
| Total equity and liabilities | 10/49 | €192,663 | €181,553 | -€11,111 | -5.8% |
| Equity | 10/15 | €61,828 | €65,003 | +€3,175 | +5.1% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €59,969 | €63,144 | +€3,175 | +5.3% |
| Amounts payable | 17/49 | €130,835 | €116,550 | -€14,285 | -10.9% |
| Amounts payable after more than one year | 17 | €88,232 | €81,508 | -€6,724 | -7.6% |
| Financial debts | 170/4 | €88,232 | €81,508 | -€6,724 | -7.6% |
| Amounts payable within one year | 42/48 | €42,603 | €33,977 | -€8,626 | -20.2% |
| Current portion of amounts payable after more than one year | 42 | €17,440 | €6,724 | -€10,716 | -61.4% |
| Financial debts | 43 | €7,577 | €8,952 | +€1,375 | +18.2% |
| Credit institutions | 430/8 | €7,577 | €8,952 | +€1,375 | +18.2% |
| Trade debts | 44 | €3,505 | €7,069 | +€3,564 | +102% |
| Suppliers | 440/4 | €3,505 | €7,069 | +€3,564 | +102% |
| Taxes, remuneration and social security | 45 | €7,357 | €6,520 | -€837 | -11.4% |
| Taxes | 450/3 | €5,040 | €6,103 | +€1,064 | +21.1% |
| Remuneration and social security | 454/9 | €2,317 | €417 | -€1,900 | -82.0% |
| Other amounts payable | 47/48 | €6,724 | €4,711 | -€2,013 | -29.9% |
| Accrued charges and deferred income | 492/3 | - | €1,065 | +€1,065 | |
| Non-recurring operating income | 76A | €1,066 | - | -€1,066 | |
| Remuneration, social security and pensions | 62 | €22 | €4,789 | +€4,766 | +21,354% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,830 | €17,451 | -€379 | -2.1% |
| Other operating charges | 640/8 | €6,216 | €7,381 | +€1,165 | +18.7% |
| Gross operating margin | 9900 | €37,677 | €40,111 | +€2,434 | +6.5% |
| Operating profit (loss) | 9901 | €13,609 | €10,491 | -€3,118 | -22.9% |
| Financial income | 75/76B | €15 | €218 | +€203 | +1,312% |
| Recurring financial income | 75 | €15 | €218 | +€203 | +1,312% |
| Financial charges | 65/66B | €6,361 | €3,627 | -€2,734 | -43.0% |
| Recurring financial charges | 65 | €6,361 | €3,627 | -€2,734 | -43.0% |
| Profit (loss) for the period before taxes | 9903 | €7,264 | €7,082 | -€182 | -2.5% |
| Income taxes | 67/77 | €3,526 | €3,907 | +€382 | +10.8% |
| Profit (loss) for the period | 9904 | €3,738 | €3,175 | -€563 | -15.1% |
| Profit (loss) for the period to be appropriated | 9905 | €3,738 | €3,175 | -€563 | -15.1% |
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 31 October 2026 via checked.be.