MARMAR 24: 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.
MARMAR 24
Largest movements
- Receivables within one year +€12,812
up €12,812 (+91.4%), from €14,019 to €26,831
of which Other amounts receivable: +€8,833
- Cash +€5,920
up €5,920 (+23.7%), from €24,934 to €30,854
mainly Net result for the year (+€26,339)
- Profit (loss) carried forward +€26,339
up €26,339 (+134%), from €19,690 to €46,029
- Other debts -€6,200
no longer reported in 2025 (was €6,200)
- Tax, wage and social debts -€876
down €876 (-8.8%), from €9,922 to €9,046
of which Remuneration and social security: -€1,856
- Gross operating margin +€16,016
up €16,016 (+40.1%), from €39,974 to €55,991
- Staff costs +€7,320
up €7,320 (+50.1%), from €14,599 to €21,919
- Taxes +€1,903
up €1,903 (+34.8%), from €5,471 to €7,374
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 | €38,954 | €57,685 | +€18,731 | +48.1% |
| Current assets | 29/58 | €38,954 | €57,685 | +€18,731 | +48.1% |
| Amounts receivable within one year | 40/41 | €14,019 | €26,831 | +€12,812 | +91.4% |
| Trade receivables | 40 | €11,606 | €15,584 | +€3,978 | +34.3% |
| Other amounts receivable | 41 | €2,413 | €11,247 | +€8,833 | +366% |
| Cash at bank and in hand | 54/58 | €24,934 | €30,854 | +€5,920 | +23.7% |
| Total equity and liabilities | 10/49 | €38,954 | €57,685 | +€18,731 | +48.1% |
| Equity | 10/15 | €20,690 | €47,029 | +€26,339 | +127% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,690 | €46,029 | +€26,339 | +134% |
| Amounts payable | 17/49 | €18,264 | €10,656 | -€7,608 | -41.7% |
| Amounts payable within one year | 42/48 | €18,264 | €10,656 | -€7,608 | -41.7% |
| Trade debts | 44 | €2,142 | €1,611 | -€532 | -24.8% |
| Suppliers | 440/4 | €2,142 | €1,611 | -€532 | -24.8% |
| Taxes, remuneration and social security | 45 | €9,922 | €9,046 | -€876 | -8.8% |
| Taxes | 450/3 | €6,394 | €7,374 | +€980 | +15.3% |
| Remuneration and social security | 454/9 | €3,527 | €1,672 | -€1,856 | -52.6% |
| Other amounts payable | 47/48 | €6,200 | - | -€6,200 | |
| Remuneration, social security and pensions | 62 | €14,599 | €21,919 | +€7,320 | +50.1% |
| Other operating charges | 640/8 | €118 | €300 | +€182 | +154% |
| Gross operating margin | 9900 | €39,974 | €55,991 | +€16,016 | +40.1% |
| Operating profit (loss) | 9901 | €25,258 | €33,772 | +€8,514 | +33.7% |
| Financial income | 75/76B | €1 | €0 | -€1 | -87.8% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -87.8% |
| Financial charges | 65/66B | €99 | €58 | -€40 | -40.7% |
| Recurring financial charges | 65 | €99 | €58 | -€40 | -40.7% |
| Profit (loss) for the period before taxes | 9903 | €25,160 | €33,713 | +€8,553 | +34.0% |
| Income taxes | 67/77 | €5,471 | €7,374 | +€1,903 | +34.8% |
| Profit (loss) for the period | 9904 | €19,690 | €26,339 | +€6,650 | +33.8% |
| Profit (loss) for the period to be appropriated | 9905 | €19,690 | €26,339 | +€6,650 | +33.8% |
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 14 October 2026 via checked.be.