MARNIX FREEHOLD: 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.
MARNIX FREEHOLD
Largest movements
- Receivables within one year +€131,143
up €131,143 (+29.7%), from €441,537 to €572,680
of which Other amounts receivable: +€124,650
- Debts after one year +€5.6m
up €5.6m, from €0 to €5.6m
- Short-term financial debts -€5.5m
down €5.5m (-88.2%), from €6.2m to €732,968
- Gross operating margin -€8,836
down €8,836 (-7.1%), from €123,695 to €114,859
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 | €6,220,113 | €6,388,730 | +€168,618 | +2.7% |
| Fixed assets | 21/28 | €5,457,825 | €5,457,825 | = | 0.0% |
| Tangible fixed assets | 22/27 | €4,151,733 | €4,151,733 | = | 0.0% |
| Land and buildings | 22 | €4,151,733 | €4,151,733 | = | 0.0% |
| Financial fixed assets | 28 | €1,306,091 | €1,306,091 | = | 0.0% |
| Current assets | 29/58 | €762,288 | €930,906 | +€168,618 | +22.1% |
| Amounts receivable within one year | 40/41 | €441,537 | €572,680 | +€131,143 | +29.7% |
| Trade receivables | 40 | €197 | €6,689 | +€6,493 | +3,300% |
| Other amounts receivable | 41 | €441,341 | €565,991 | +€124,650 | +28.2% |
| Cash at bank and in hand | 54/58 | €40,398 | €21,802 | -€18,596 | -46.0% |
| Deferred charges and accrued income | 490/1 | €280,353 | €336,423 | +€56,071 | +20.0% |
| Total equity and liabilities | 10/49 | €6,220,113 | €6,388,730 | +€168,618 | +2.7% |
| Equity | 10/15 | -€5,597 | €2,070 | +€7,667 | |
| Contributions | 10/11 | €1,000,000 | €1,000,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,005,597 | -€997,930 | +€7,667 | +0.8% |
| Amounts payable | 17/49 | €6,225,709 | €6,386,660 | +€160,951 | +2.6% |
| Amounts payable after more than one year | 17 | €0 | €5,638,566 | +€5.6m | |
| Financial debts | 170/4 | €0 | €5,638,566 | +€5.6m | |
| Amounts payable within one year | 42/48 | €6,208,603 | €732,968 | -€5.5m | -88.2% |
| Financial debts | 43 | €6,208,603 | €732,968 | -€5.5m | -88.2% |
| Other loans | 439 | €6,208,603 | €732,968 | -€5.5m | -88.2% |
| Accrued charges and deferred income | 492/3 | €17,107 | €15,126 | -€1,980 | -11.6% |
| Gross operating margin | 9900 | €123,695 | €114,859 | -€8,836 | -7.1% |
| Operating profit (loss) | 9901 | €123,695 | €114,859 | -€8,836 | -7.1% |
| Financial income | 75/76B | €56,071 | €56,071 | = | 0.0% |
| Recurring financial income | 75 | €56,071 | €56,071 | = | 0.0% |
| Financial charges | 65/66B | €163,679 | €163,262 | -€416 | -0.3% |
| Recurring financial charges | 65 | €163,679 | €163,262 | -€416 | -0.3% |
| Profit (loss) for the period before taxes | 9903 | €16,086 | €7,667 | -€8,419 | -52.3% |
| Profit (loss) for the period | 9904 | €16,086 | €7,667 | -€8,419 | -52.3% |
| Profit (loss) for the period to be appropriated | 9905 | €16,086 | €7,667 | -€8,419 | -52.3% |
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 27 October 2026 via checked.be.