MarnLaw: 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.
MarnLaw
Largest movements
- Cash +€58,591
up €58,591 (+66.2%), from €88,502 to €147,094
mainly Net result for the year (+€68,155) and Tax, wage and social debts (+€19,776)
- Receivables within one year +€28,771
up €28,771 (+431%), from €6,680 to €35,451
- Reserves +€68,155
up €68,155 (+104%), from €65,273 to €133,429
- Tax, wage and social debts +€19,776
up €19,776 (+73.3%), from €26,982 to €46,759
of which Taxes: +€17,276
- Gross operating margin +€13,537
up €13,537 (+18.8%), from €71,886 to €85,423
- Taxes +€2,991
up €2,991 (+20.6%), from €14,488 to €17,479
- Financial income +€1,155
up €1,155 (+1,045%), from €111 to €1,266
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 | €98,358 | €184,626 | +€86,268 | +87.7% |
| Fixed assets | 21/28 | €2,914 | €1,954 | -€960 | -32.9% |
| Tangible fixed assets | 22/27 | €2,914 | €1,954 | -€960 | -32.9% |
| Furniture and vehicles | 24 | €2,914 | €1,954 | -€960 | -32.9% |
| Current assets | 29/58 | €95,444 | €182,672 | +€87,228 | +91.4% |
| Amounts receivable within one year | 40/41 | €6,680 | €35,451 | +€28,771 | +431% |
| Other amounts receivable | 41 | €6,680 | €35,451 | +€28,771 | +431% |
| Cash at bank and in hand | 54/58 | €88,502 | €147,094 | +€58,591 | +66.2% |
| Deferred charges and accrued income | 490/1 | €261 | €127 | -€134 | -51.3% |
| Total equity and liabilities | 10/49 | €98,358 | €184,626 | +€86,268 | +87.7% |
| Equity | 10/15 | €68,273 | €136,429 | +€68,155 | +99.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €65,273 | €133,429 | +€68,155 | +104% |
| Distributable reserves | 133 | €65,273 | €133,429 | +€68,155 | +104% |
| Amounts payable | 17/49 | €30,085 | €48,197 | +€18,113 | +60.2% |
| Amounts payable within one year | 42/48 | €30,085 | €48,197 | +€18,113 | +60.2% |
| Financial debts | 43 | €1,399 | - | -€1,399 | |
| Credit institutions | 430/8 | €1,399 | - | -€1,399 | |
| Trade debts | 44 | €1,703 | €1,439 | -€264 | -15.5% |
| Suppliers | 440/4 | €1,703 | €1,439 | -€264 | -15.5% |
| Taxes, remuneration and social security | 45 | €26,982 | €46,759 | +€19,776 | +73.3% |
| Taxes | 450/3 | €26,982 | €44,259 | +€17,276 | +64.0% |
| Remuneration and social security | 454/9 | - | €2,500 | +€2,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €181 | €960 | +€779 | +430% |
| Other operating charges | 640/8 | €453 | - | -€453 | |
| Gross operating margin | 9900 | €71,886 | €85,423 | +€13,537 | +18.8% |
| Operating profit (loss) | 9901 | €71,251 | €84,463 | +€13,212 | +18.5% |
| Financial income | 75/76B | €111 | €1,266 | +€1,155 | +1,045% |
| Recurring financial income | 75 | €111 | €1,266 | +€1,155 | +1,045% |
| Financial charges | 65/66B | €74 | €94 | +€21 | +27.9% |
| Recurring financial charges | 65 | €74 | €94 | +€21 | +27.9% |
| Profit (loss) for the period before taxes | 9903 | €71,288 | €85,635 | +€14,346 | +20.1% |
| Income taxes | 67/77 | €14,488 | €17,479 | +€2,991 | +20.6% |
| Profit (loss) for the period | 9904 | €56,800 | €68,155 | +€11,355 | +20.0% |
| Profit (loss) for the period to be appropriated | 9905 | €56,800 | €68,155 | +€11,355 | +20.0% |
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 13 October 2026 via checked.be.