Marnise: 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.
Marnise
Largest movements
- Current investments +€156,014
up €156,014 (+15.9%), from €981,062 to €1.1m
- Reserves +€119,897
up €119,897 (+8.0%), from €1.5m to €1.6m
of which Distributable reserves: +€119,897
- Other debts +€21,833
up €21,833, from €0 to €21,833
- Financial income +€107,332
up €107,332 (+501.9%), from €21,386 to €128,718
- Financial charges +€49,505
up €49,505 (+53236.4%), from €93 to €49,598
- Depreciation -€6,002
down €6,002 (-38.3%), from €15,667 to €9,665
- Gross operating margin +€937
up €937 (+1.6%), from €60,007 to €60,944
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 | €1,893,849 | €2,040,545 | +€146,696 | +7.7% |
| Fixed assets | 21/28 | €777,203 | €767,538 | -€9,665 | -1.2% |
| Tangible fixed assets | 22/27 | €776,703 | €767,038 | -€9,665 | -1.2% |
| Land and buildings | 22 | €776,703 | €767,038 | -€9,665 | -1.2% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €1,116,646 | €1,273,007 | +€156,361 | +14.0% |
| Amounts receivable within one year | 40/41 | €11,152 | €13,007 | +€1,855 | +16.6% |
| Trade receivables | 40 | €3,552 | €5,116 | +€1,564 | +44.0% |
| Other amounts receivable | 41 | €7,600 | €7,891 | +€290 | +3.8% |
| Current investments | 50/53 | €981,062 | €1,137,076 | +€156,014 | +15.9% |
| Cash at bank and in hand | 54/58 | €117,553 | €115,961 | -€1,592 | -1.4% |
| Deferred charges and accrued income | 490/1 | €6,879 | €6,963 | +€84 | +1.2% |
| Total equity and liabilities | 10/49 | €1,893,849 | €2,040,545 | +€146,696 | +7.7% |
| Equity | 10/15 | €1,882,332 | €2,002,229 | +€119,897 | +6.4% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Revaluation surpluses | 12 | €359,503 | €359,503 | = | 0.0% |
| Reserves | 13 | €1,504,279 | €1,624,176 | +€119,897 | +8.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,504,279 | €1,624,176 | +€119,897 | +8.0% |
| Amounts payable | 17/49 | €11,517 | €38,316 | +€26,799 | +232.7% |
| Amounts payable within one year | 42/48 | €10,504 | €35,882 | +€25,378 | +241.6% |
| Trade debts | 44 | €9,562 | €12,908 | +€3,346 | +35.0% |
| Suppliers | 440/4 | €9,562 | €12,908 | +€3,346 | +35.0% |
| Taxes, remuneration and social security | 45 | €942 | €1,142 | +€200 | +21.2% |
| Taxes | 450/3 | €942 | €1,142 | +€200 | +21.2% |
| Other amounts payable | 47/48 | €0 | €21,833 | +€21,833 | |
| Accrued charges and deferred income | 492/3 | €1,013 | €2,434 | +€1,421 | +140.3% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,667 | €9,665 | -€6,002 | -38.3% |
| Other operating charges | 640/8 | €10,929 | €10,381 | -€548 | -5.0% |
| Gross operating margin | 9900 | €60,007 | €60,944 | +€937 | +1.6% |
| Operating profit (loss) | 9901 | €33,412 | €40,898 | +€7,487 | +22.4% |
| Financial income | 75/76B | €21,386 | €128,718 | +€107,332 | +501.9% |
| Recurring financial income | 75 | €21,386 | €128,718 | +€107,332 | +501.9% |
| Financial charges | 65/66B | €93 | €49,598 | +€49,505 | +53236.4% |
| Recurring financial charges | 65 | €93 | €49,598 | +€49,505 | +53236.4% |
| Profit (loss) for the period before taxes | 9903 | €54,705 | €120,019 | +€65,314 | +119.4% |
| Income taxes | 67/77 | €129 | €122 | -€7 | -5.2% |
| Profit (loss) for the period | 9904 | €54,576 | €119,897 | +€65,321 | +119.7% |
| Profit (loss) for the period to be appropriated | 9905 | €54,576 | €119,897 | +€65,321 | +119.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.