MARMELADE: 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.
MARMELADE
Largest movements
- Receivables within one year -€15,643
down €15,643 (-48.8%), from €32,039 to €16,396
of which Trade receivables: -€15,695
- Cash -€7,997
down €7,997 (-20.1%), from €39,806 to €31,809
mainly Trade debts (-€17,317) and Net result for the year (-€5,791)
- Tangible fixed assets -€1,332
down €1,332 (-28.7%), from €4,638 to €3,306
of which Furniture and vehicles: -€1,332
- Deferred charges and accrued income +€902
up €902 (+149%), from €604 to €1,506
- Trade debts -€17,317
down €17,317 (-73.5%), from €23,571 to €6,254
- Profit (loss) carried forward -€5,791
down €5,791 (-31.1%), from €18,644 to €12,853
- Other debts +€3,063
new in 2025: €3,063
- Accrued charges and deferred income -€2,041
no longer reported in 2025 (was €2,041)
- Debts after one year -€1,286
down €1,286 (-62.4%), from €2,060 to €774
- Gross operating margin -€14,805
down €14,805, from €11,550 to -€3,255
- Taxes -€2,158
down €2,158, from €1,752 to -€406
- Depreciation -€379
down €379 (-22.2%), from €1,711 to €1,332
- Financial income -€246
no longer reported in 2025 (was €246)
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 | €77,737 | €53,667 | -€24,070 | -31.0% |
| Fixed assets | 21/28 | €5,288 | €3,956 | -€1,332 | -25.2% |
| Tangible fixed assets | 22/27 | €4,638 | €3,306 | -€1,332 | -28.7% |
| Furniture and vehicles | 24 | €3,398 | €2,066 | -€1,332 | -39.2% |
| Other tangible fixed assets | 26 | €1,240 | €1,240 | = | 0.0% |
| Financial fixed assets | 28 | €650 | €650 | = | 0.0% |
| Current assets | 29/58 | €72,449 | €49,711 | -€22,738 | -31.4% |
| Amounts receivable within one year | 40/41 | €32,039 | €16,396 | -€15,643 | -48.8% |
| Trade receivables | 40 | €30,591 | €14,896 | -€15,695 | -51.3% |
| Other amounts receivable | 41 | €1,448 | €1,500 | +€52 | +3.6% |
| Cash at bank and in hand | 54/58 | €39,806 | €31,809 | -€7,997 | -20.1% |
| Deferred charges and accrued income | 490/1 | €604 | €1,506 | +€902 | +149% |
| Total equity and liabilities | 10/49 | €77,737 | €53,667 | -€24,070 | -31.0% |
| Equity | 10/15 | €45,895 | €40,104 | -€5,791 | -12.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €8,659 | €8,659 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €6,800 | €6,800 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,644 | €12,853 | -€5,791 | -31.1% |
| Amounts payable | 17/49 | €31,842 | €13,563 | -€18,279 | -57.4% |
| Amounts payable after more than one year | 17 | €2,060 | €774 | -€1,286 | -62.4% |
| Financial debts | 170/4 | €2,060 | €774 | -€1,286 | -62.4% |
| Amounts payable within one year | 42/48 | €27,741 | €12,789 | -€14,952 | -53.9% |
| Current portion of amounts payable after more than one year | 42 | €1,238 | €1,287 | +€49 | +4.0% |
| Financial debts | 43 | €791 | €684 | -€107 | -13.5% |
| Credit institutions | 430/8 | €791 | €684 | -€107 | -13.5% |
| Trade debts | 44 | €23,571 | €6,254 | -€17,317 | -73.5% |
| Suppliers | 440/4 | €23,571 | €6,254 | -€17,317 | -73.5% |
| Taxes, remuneration and social security | 45 | €2,141 | €1,501 | -€640 | -29.9% |
| Taxes | 450/3 | €2,141 | €1,501 | -€640 | -29.9% |
| Other amounts payable | 47/48 | - | €3,063 | +€3,063 | |
| Accrued charges and deferred income | 492/3 | €2,041 | - | -€2,041 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,711 | €1,332 | -€379 | -22.2% |
| Other operating charges | 640/8 | €1,145 | €1,131 | -€14 | -1.2% |
| Gross operating margin | 9900 | €11,550 | -€3,255 | -€14,805 | |
| Operating profit (loss) | 9901 | €8,694 | -€5,718 | -€14,412 | |
| Financial income | 75/76B | €246 | - | -€246 | |
| Recurring financial income | 75 | €246 | - | -€246 | |
| Financial charges | 65/66B | €383 | €479 | +€96 | +25.1% |
| Recurring financial charges | 65 | €383 | €479 | +€96 | +25.1% |
| Profit (loss) for the period before taxes | 9903 | €8,557 | -€6,197 | -€14,754 | |
| Income taxes | 67/77 | €1,752 | -€406 | -€2,158 | |
| Profit (loss) for the period | 9904 | €6,805 | -€5,791 | -€12,596 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,805 | -€5,791 | -€12,596 |
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.