MARMARIS: 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.
MARMARIS
Largest movements
- Cash -€12,563
down €12,563 (-57.6%), from €21,807 to €9,244
mainly Net result for the year (-€11,696) and Receivables within one year (-€902)
- Contributions -€18,592
no longer reported in 2025 (was €18,592)
- Reserves +€18,592
up €18,592 (+10.3%), from €180,047 to €198,639
- Profit (loss) carried forward -€11,696
down €11,696, from €10,510 to -€1,186
- Purchases and services -€5,789
no longer reported in 2025 (was €5,789)
- Gross operating margin -€5,047
down €5,047 (-87.2%), from -€5,789 to -€10,836
- Other operating charges +€168
up €168 (+33.5%), from €502 to €670
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 | €209,536 | €197,875 | -€11,661 | -5.6% |
| Current assets | 29/58 | €209,536 | €197,875 | -€11,661 | -5.6% |
| Amounts receivable after more than one year | 29 | €187,126 | €187,126 | = | 0.0% |
| Trade receivables | 290 | - | €187,126 | +€187,126 | |
| Other amounts receivable | 291 | €187,126 | - | -€187,126 | |
| Amounts receivable within one year | 40/41 | €603 | €1,505 | +€902 | +149.6% |
| Other amounts receivable | 41 | €603 | €1,505 | +€902 | +149.6% |
| Cash at bank and in hand | 54/58 | €21,807 | €9,244 | -€12,563 | -57.6% |
| Total equity and liabilities | 10/49 | €209,536 | €197,875 | -€11,661 | -5.6% |
| Equity | 10/15 | €209,149 | €197,453 | -€11,696 | -5.6% |
| Contributions | 10/11 | €18,592 | - | -€18,592 | |
| Reserves | 13 | €180,047 | €198,639 | +€18,592 | +10.3% |
| Distributable reserves | 133 | €180,047 | €198,639 | +€18,592 | +10.3% |
| Profit (loss) carried forward | 14 | €10,510 | -€1,186 | -€11,696 | |
| Amounts payable | 17/49 | €387 | €422 | +€35 | +9.0% |
| Amounts payable within one year | 42/48 | €387 | €422 | +€35 | +9.0% |
| Trade debts | 44 | €387 | €422 | +€35 | +9.0% |
| Suppliers | 440/4 | €387 | €422 | +€35 | +9.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €5,789 | - | -€5,789 | |
| Other operating charges | 640/8 | €502 | €670 | +€168 | +33.5% |
| Gross operating margin | 9900 | -€5,789 | -€10,836 | -€5,047 | -87.2% |
| Operating profit (loss) | 9901 | -€6,291 | -€11,506 | -€5,215 | -82.9% |
| Financial income | 75/76B | €6 | - | -€6 | |
| Recurring financial income | 75 | €6 | - | -€6 | |
| Financial charges | 65/66B | €226 | €190 | -€36 | -15.9% |
| Recurring financial charges | 65 | €226 | €190 | -€36 | -15.9% |
| Profit (loss) for the period before taxes | 9903 | -€6,511 | -€11,696 | -€5,185 | -79.6% |
| Profit (loss) for the period | 9904 | -€6,511 | -€11,696 | -€5,185 | -79.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,511 | -€11,696 | -€5,185 | -79.6% |
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 6 October 2026 via checked.be.