MarMar-be: 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.
MarMar-be
Largest movements
- Receivables within one year +€26,262
up €26,262 (+573.6%), from €4,578 to €30,840
of which Other amounts receivable: +€25,988
- Cash -€10,418
down €10,418 (-55.5%), from €18,770 to €8,351
mainly Receivables within one year (-€26,262) and Investment in fixed assets (net) (-€3,100)
- Tangible fixed assets +€2,975
new in 2025: €2,975
- Stocks and contracts +€916
up €916 (+27.9%), from €3,280 to €4,196
- Trade debts +€14,568
up €14,568 (+1781.2%), from €818 to €15,386
- Other debts +€4,984
up €4,984 (+69.7%), from €7,148 to €12,132
- Profit (loss) carried forward +€506
up €506 (+23.4%), from -€2,162 to -€1,656
- Gross operating margin +€3,320
up €3,320, from -€772 to €2,548
- Other operating charges +€871
up €871 (+70.3%), from €1,240 to €2,111
- Financial income +€347
new in 2025: €347
- Depreciation +€125
new in 2025: €125
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 | €26,628 | €46,362 | +€19,734 | +74.1% |
| Fixed assets | 21/28 | - | €2,975 | +€2,975 | |
| Tangible fixed assets | 22/27 | - | €2,975 | +€2,975 | |
| Plant, machinery and equipment | 23 | - | €2,975 | +€2,975 | |
| Current assets | 29/58 | €26,628 | €43,387 | +€16,759 | +62.9% |
| Stocks and contracts in progress | 3 | €3,280 | €4,196 | +€916 | +27.9% |
| Stocks | 30/36 | €3,280 | €4,196 | +€916 | +27.9% |
| Amounts receivable within one year | 40/41 | €4,578 | €30,840 | +€26,262 | +573.6% |
| Trade receivables | 40 | €4,578 | €4,852 | +€274 | +6.0% |
| Other amounts receivable | 41 | - | €25,988 | +€25,988 | |
| Cash at bank and in hand | 54/58 | €18,770 | €8,351 | -€10,418 | -55.5% |
| Total equity and liabilities | 10/49 | €26,628 | €46,362 | +€19,734 | +74.1% |
| Equity | 10/15 | €18,338 | €18,844 | +€506 | +2.8% |
| Contributions | 10/11 | €20,500 | €20,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,162 | -€1,656 | +€506 | +23.4% |
| Amounts payable | 17/49 | €8,290 | €27,518 | +€19,228 | +231.9% |
| Amounts payable within one year | 42/48 | €8,290 | €27,518 | +€19,228 | +231.9% |
| Trade debts | 44 | €818 | €15,386 | +€14,568 | +1781.2% |
| Suppliers | 440/4 | €818 | €15,386 | +€14,568 | +1781.2% |
| Taxes, remuneration and social security | 45 | €324 | - | -€324 | |
| Taxes | 450/3 | €324 | - | -€324 | |
| Other amounts payable | 47/48 | €7,148 | €12,132 | +€4,984 | +69.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €125 | +€125 | |
| Other operating charges | 640/8 | €1,240 | €2,111 | +€871 | +70.3% |
| Gross operating margin | 9900 | -€772 | €2,548 | +€3,320 | |
| Operating profit (loss) | 9901 | -€2,011 | €312 | +€2,324 | |
| Financial income | 75/76B | - | €347 | +€347 | |
| Recurring financial income | 75 | - | €347 | +€347 | |
| Financial charges | 65/66B | €151 | €154 | +€3 | +1.9% |
| Recurring financial charges | 65 | €151 | €154 | +€3 | +1.9% |
| Profit (loss) for the period before taxes | 9903 | -€2,162 | €506 | +€2,668 | |
| Profit (loss) for the period | 9904 | -€2,162 | €506 | +€2,668 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,162 | €506 | +€2,668 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.