MARNELL-CAB: 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.
MARNELL-CAB
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Other debts +€77,000
up €77,000 (+27.4%), from €280,900 to €357,900
- Debts after one year -€69,747
down €69,747 (-8.1%), from €860,067 to €790,320
- Financial charges -€1,274
down €1,274 (-14.4%), from €8,860 to €7,586
- Other operating charges +€1,033
up €1,033, from €0 to €1,033
- Gross operating margin +€240
up €240 (+28.6%), from -€836 to -€597
- Financial income +€163
new in 2025: €163
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 | €1,297,349 | €1,296,632 | -€716 | -0.1% |
| Fixed assets | 21/28 | €1,296,000 | €1,296,000 | = | 0.0% |
| Financial fixed assets | 28 | €1,296,000 | €1,296,000 | = | 0.0% |
| Current assets | 29/58 | €1,349 | €632 | -€716 | -53.1% |
| Amounts receivable within one year | 40/41 | €246 | €0 | -€246 | -100.0% |
| Other amounts receivable | 41 | €246 | €0 | -€246 | -100.0% |
| Cash at bank and in hand | 54/58 | €1,102 | €632 | -€470 | -42.7% |
| Total equity and liabilities | 10/49 | €1,297,349 | €1,296,632 | -€716 | -0.1% |
| Equity | 10/15 | €87,718 | €78,665 | -€9,053 | -10.3% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Contributions outside capital | 11 | €150,000 | €150,000 | = | 0.0% |
| Other | 1109/19 | €150,000 | €150,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€62,282 | -€71,335 | -€9,053 | -14.5% |
| Amounts payable | 17/49 | €1,209,631 | €1,217,967 | +€8,336 | +0.7% |
| Amounts payable after more than one year | 17 | €860,067 | €790,320 | -€69,747 | -8.1% |
| Financial debts | 170/4 | €860,067 | €790,320 | -€69,747 | -8.1% |
| Amounts payable within one year | 42/48 | €349,564 | €427,647 | +€78,083 | +22.3% |
| Current portion of amounts payable after more than one year | 42 | €68,664 | €69,747 | +€1,083 | +1.6% |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Other amounts payable | 47/48 | €280,900 | €357,900 | +€77,000 | +27.4% |
| Other operating charges | 640/8 | €0 | €1,033 | +€1,033 | |
| Gross operating margin | 9900 | -€836 | -€597 | +€240 | +28.6% |
| Operating profit (loss) | 9901 | -€836 | -€1,630 | -€794 | -94.9% |
| Financial income | 75/76B | - | €163 | +€163 | |
| Recurring financial income | 75 | - | €163 | +€163 | |
| Financial charges | 65/66B | €8,860 | €7,586 | -€1,274 | -14.4% |
| Recurring financial charges | 65 | €8,860 | €7,586 | -€1,274 | -14.4% |
| Profit (loss) for the period before taxes | 9903 | -€9,696 | -€9,053 | +€644 | +6.6% |
| Profit (loss) for the period | 9904 | -€9,696 | -€9,053 | +€644 | +6.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,696 | -€9,053 | +€644 | +6.6% |
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 10 October 2026 via checked.be.