MARMATEC: 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.
MARMATEC
Largest movements
- Receivables within one year +€32,914
up €32,914 (+117%), from €28,132 to €61,045
of which Trade receivables: +€31,944
- Tangible fixed assets -€11,678
down €11,678 (-33.7%), from €34,693 to €23,015
of which Leasing and similar rights: -€10,530
- Cash +€5,415
up €5,415 (+127%), from €4,253 to €9,669
mainly Net result for the year (+€47,251) and Depreciation (+€11,678)
- Reserves +€47,251
up €47,251 (+28.7%), from €164,786 to €212,037
- Debts after one year -€6,415
down €6,415 (-40.8%), from €15,706 to €9,291
- Other debts -€6,084
down €6,084 (-12.9%), from €47,181 to €41,097
- Current portion of long-term debt -€4,411
down €4,411 (-40.7%), from €10,826 to €6,415
- Gross operating margin -€2,800
down €2,800 (-3.3%), from €84,044 to €81,244
- Financial charges -€1,005
down €1,005 (-60.4%), from €1,663 to €658
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 | €260,012 | €286,663 | +€26,651 | +10.2% |
| Fixed assets | 21/28 | €226,593 | €214,915 | -€11,678 | -5.2% |
| Tangible fixed assets | 22/27 | €34,693 | €23,015 | -€11,678 | -33.7% |
| Furniture and vehicles | 24 | €961 | €268 | -€693 | -72.1% |
| Leasing and similar rights | 25 | €25,966 | €15,436 | -€10,530 | -40.6% |
| Other tangible fixed assets | 26 | €7,766 | €7,311 | -€455 | -5.9% |
| Financial fixed assets | 28 | €191,900 | €191,900 | = | 0.0% |
| Current assets | 29/58 | €33,420 | €71,749 | +€38,329 | +115% |
| Amounts receivable within one year | 40/41 | €28,132 | €61,045 | +€32,914 | +117% |
| Trade receivables | 40 | €27,670 | €59,614 | +€31,944 | +115% |
| Other amounts receivable | 41 | €462 | €1,431 | +€969 | +210% |
| Cash at bank and in hand | 54/58 | €4,253 | €9,669 | +€5,415 | +127% |
| Deferred charges and accrued income | 490/1 | €1,035 | €1,035 | = | 0.0% |
| Total equity and liabilities | 10/49 | €260,012 | €286,663 | +€26,651 | +10.2% |
| Equity | 10/15 | €170,986 | €218,237 | +€47,251 | +27.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €164,786 | €212,037 | +€47,251 | +28.7% |
| Distributable reserves | 133 | €164,786 | €212,037 | +€47,251 | +28.7% |
| Amounts payable | 17/49 | €89,026 | €68,426 | -€20,600 | -23.1% |
| Amounts payable after more than one year | 17 | €15,706 | €9,291 | -€6,415 | -40.8% |
| Financial debts | 170/4 | €15,706 | €9,291 | -€6,415 | -40.8% |
| Amounts payable within one year | 42/48 | €73,320 | €59,135 | -€14,185 | -19.3% |
| Current portion of amounts payable after more than one year | 42 | €10,826 | €6,415 | -€4,411 | -40.7% |
| Financial debts | 43 | €3,994 | €1,505 | -€2,489 | -62.3% |
| Credit institutions | 430/8 | €3,994 | €1,505 | -€2,489 | -62.3% |
| Trade debts | 44 | €4,485 | €3,966 | -€519 | -11.6% |
| Suppliers | 440/4 | €4,485 | €3,966 | -€519 | -11.6% |
| Taxes, remuneration and social security | 45 | €6,834 | €6,152 | -€682 | -10.0% |
| Taxes | 450/3 | €6,834 | €6,152 | -€682 | -10.0% |
| Other amounts payable | 47/48 | €47,181 | €41,097 | -€6,084 | -12.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,877 | €11,678 | -€199 | -1.7% |
| Other operating charges | 640/8 | €2,675 | €2,624 | -€51 | -1.9% |
| Gross operating margin | 9900 | €84,044 | €81,244 | -€2,800 | -3.3% |
| Operating profit (loss) | 9901 | €69,493 | €66,942 | -€2,550 | -3.7% |
| Financial income | 75/76B | €36 | €1 | -€35 | -98.3% |
| Recurring financial income | 75 | €36 | €1 | -€35 | -98.3% |
| Financial charges | 65/66B | €1,663 | €658 | -€1,005 | -60.4% |
| Recurring financial charges | 65 | €1,663 | €658 | -€1,005 | -60.4% |
| Profit (loss) for the period before taxes | 9903 | €67,865 | €66,285 | -€1,580 | -2.3% |
| Income taxes | 67/77 | €18,977 | €19,034 | +€57 | +0.3% |
| Profit (loss) for the period | 9904 | €48,887 | €47,251 | -€1,637 | -3.3% |
| Profit (loss) for the period to be appropriated | 9905 | €48,887 | €47,251 | -€1,637 | -3.3% |
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.