Marnic: 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.
What changed
Marnic
NACE 55.100, Hotels and similar accommodation
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
€58,807
2023 · -€4,868+€63,676
Equity
-€159,916
2023 · -€218,723+€58,807
Cash
€2,965
2023 · €1,798+€1,167
Balance sheet total
€839,421
2023 · €844,948-€5,527
Largest movements
Assets
- Tangible fixed assets -€15,670
down €15,670 (-2.0%), from €785,761 to €770,091
of which Land and buildings: -€15,470
Equity and liabilities
- Debts after one year -€60,122
down €60,122 (-9.2%), from €650,035 to €589,913
- Profit (loss) carried forward +€58,807
up €58,807 (+26.8%), from -€219,723 to -€160,916
Income statement
- Gross operating margin +€76,580
up €76,580 (+91.3%), from €83,918 to €160,498
- Financial charges +€8,943
up €8,943 (+68.0%), from €13,159 to €22,102
- Other operating charges +€2,953
up €2,953 (+404%), from €731 to €3,684
- Depreciation +€2,379
up €2,379 (+4.2%), from €56,400 to €58,779
From the 2023 result to the 2024 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.
Result 2023
-€4,868
Gross operating margin
+€76,580
Staff costs
+€1,393
Depreciation
-€2,379
Other operating charges
-€2,953
Financial income
-€23
Financial charges
-€8,943
Result 2024
€58,807
raises the resultlowers the result
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€104,768
Investment
-€43,109
Financing
-€60,493
Cash 2023
€1,798
From operations (derived)
+€104,768
Net result for the year
+€58,807
Depreciation
+€58,779
Receivables within one year
-€8,161
Deferred charges and accrued income
-€814
Trade debts
+€826
Tax, wage and social debts
-€1,176
Advances received
+€3,300
Other debts
-€6,482
Accrued charges and deferred income
-€310
Investment (derived)
-€43,109
Investment in fixed assets (net)
-€43,109
Financing
-€60,493
Debts after one year
-€60,122
Current portion of long-term debt
-€371
Cash 2024
€2,965
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €844,948 | €839,421 | -€5,527 | -0.7% |
| Fixed assets | 21/28 | €785,761 | €770,091 | -€15,670 | -2.0% |
| Tangible fixed assets | 22/27 | €785,761 | €770,091 | -€15,670 | -2.0% |
| Land and buildings | 22 | €190,587 | €175,117 | -€15,470 | -8.1% |
| Plant, machinery and equipment | 23 | €36,670 | €43,082 | +€6,412 | +17.5% |
| Furniture and vehicles | 24 | €8,712 | €3,173 | -€5,538 | -63.6% |
| Other tangible fixed assets | 26 | €549,792 | €548,718 | -€1,074 | -0.2% |
| Current assets | 29/58 | €59,187 | €69,330 | +€10,143 | +17.1% |
| Amounts receivable within one year | 40/41 | €56,906 | €65,067 | +€8,161 | +14.3% |
| Trade receivables | 40 | €56,903 | €54,554 | -€2,349 | -4.1% |
| Other amounts receivable | 41 | €3 | €10,513 | +€10,510 | +404,244% |
| Cash at bank and in hand | 54/58 | €1,798 | €2,965 | +€1,167 | +64.9% |
| Deferred charges and accrued income | 490/1 | €484 | €1,298 | +€814 | +168% |
| Total equity and liabilities | 10/49 | €844,948 | €839,421 | -€5,527 | -0.7% |
| Equity | 10/15 | -€218,723 | -€159,916 | +€58,807 | +26.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€219,723 | -€160,916 | +€58,807 | +26.8% |
| Amounts payable | 17/49 | €1,063,671 | €999,337 | -€64,334 | -6.0% |
| Amounts payable after more than one year | 17 | €650,035 | €589,913 | -€60,122 | -9.2% |
| Financial debts | 170/4 | €650,035 | €589,913 | -€60,122 | -9.2% |
| Amounts payable within one year | 42/48 | €413,327 | €409,424 | -€3,903 | -0.9% |
| Current portion of amounts payable after more than one year | 42 | €61,534 | €61,164 | -€371 | -0.6% |
| Trade debts | 44 | €3,539 | €4,365 | +€826 | +23.3% |
| Suppliers | 440/4 | €3,539 | €4,365 | +€826 | +23.3% |
| Advances received on contracts in progress | 46 | €3,159 | €6,459 | +€3,300 | +104% |
| Taxes, remuneration and social security | 45 | €8,116 | €6,941 | -€1,176 | -14.5% |
| Taxes | 450/3 | €3,152 | €986 | -€2,166 | -68.7% |
| Remuneration and social security | 454/9 | €4,964 | €5,955 | +€990 | +20.0% |
| Other amounts payable | 47/48 | €336,978 | €330,496 | -€6,482 | -1.9% |
| Accrued charges and deferred income | 492/3 | €310 | - | -€310 | |
| Non-recurring operating income | 76A | €1,052 | - | -€1,052 | |
| Remuneration, social security and pensions | 62 | €18,520 | €17,127 | -€1,393 | -7.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €56,400 | €58,779 | +€2,379 | +4.2% |
| Other operating charges | 640/8 | €731 | €3,684 | +€2,953 | +404% |
| Gross operating margin | 9900 | €83,918 | €160,498 | +€76,580 | +91.3% |
| Operating profit (loss) | 9901 | €8,267 | €80,909 | +€72,642 | +879% |
| Financial income | 75/76B | €23 | €0 | -€23 | -100.0% |
| Recurring financial income | 75 | €23 | €0 | -€23 | -100.0% |
| Financial charges | 65/66B | €13,159 | €22,102 | +€8,943 | +68.0% |
| Recurring financial charges | 65 | €13,159 | €22,102 | +€8,943 | +68.0% |
| Profit (loss) for the period before taxes | 9903 | -€4,868 | €58,807 | +€63,676 | |
| Profit (loss) for the period | 9904 | -€4,868 | €58,807 | +€63,676 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,868 | €58,807 | +€63,676 |
Source: filed annual accounts (NBB), financial years ended 31 March 2023 and 31 March 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.