MAROCANDALOUS: 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.
MAROCANDALOUS
Largest movements
- Receivables within one year -€19,660
down €19,660 (-50.5%), from €38,924 to €19,264
of which Trade receivables: -€25,736
- Tangible fixed assets -€6,843
down €6,843 (-24.5%), from €27,914 to €21,071
of which Other tangible fixed assets: -€7,575
- Cash -€6,571
down €6,571 (-42.0%), from €15,657 to €9,086
mainly Other debts (-€15,608) and Trade debts (-€10,646)
- Deferred charges and accrued income -€1,615
no longer reported in 2025 (was €1,615)
- Other debts -€15,608
down €15,608 (-62.0%), from €25,155 to €9,547
- Trade debts -€10,646
down €10,646 (-37.7%), from €28,263 to €17,617
- Tax, wage and social debts -€5,737
down €5,737 (-23.4%), from €24,473 to €18,736
of which Taxes: -€3,233
- Profit (loss) carried forward -€2,698
down €2,698 (-53.5%), from -€5,046 to -€7,744
- Gross operating margin +€48,112
up €48,112 (+23.6%), from €204,125 to €252,237
- Staff costs +€44,957
up €44,957 (+23.5%), from €190,951 to €235,908
- Purchases and services +€25,564
up €25,564 (+4.8%), from €529,198 to €554,762
- Other operating charges +€4,767
up €4,767 (+299%), from €1,594 to €6,361
- Depreciation -€4,325
down €4,325 (-26.8%), from €16,128 to €11,803
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 | €91,445 | €56,756 | -€34,689 | -37.9% |
| Fixed assets | 21/28 | €35,249 | €28,406 | -€6,843 | -19.4% |
| Tangible fixed assets | 22/27 | €27,914 | €21,071 | -€6,843 | -24.5% |
| Plant, machinery and equipment | 23 | €8,325 | €9,396 | +€1,071 | +12.9% |
| Furniture and vehicles | 24 | €339 | - | -€339 | |
| Other tangible fixed assets | 26 | €19,250 | €11,675 | -€7,575 | -39.4% |
| Financial fixed assets | 28 | €7,335 | €7,335 | = | 0.0% |
| Current assets | 29/58 | €56,196 | €28,350 | -€27,846 | -49.6% |
| Amounts receivable within one year | 40/41 | €38,924 | €19,264 | -€19,660 | -50.5% |
| Trade receivables | 40 | €31,260 | €5,524 | -€25,736 | -82.3% |
| Other amounts receivable | 41 | €7,664 | €13,740 | +€6,076 | +79.3% |
| Cash at bank and in hand | 54/58 | €15,657 | €9,086 | -€6,571 | -42.0% |
| Deferred charges and accrued income | 490/1 | €1,615 | - | -€1,615 | |
| Total equity and liabilities | 10/49 | €91,445 | €56,756 | -€34,689 | -37.9% |
| Equity | 10/15 | €13,554 | €10,856 | -€2,698 | -19.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,046 | -€7,744 | -€2,698 | -53.5% |
| Amounts payable | 17/49 | €77,891 | €45,900 | -€31,991 | -41.1% |
| Amounts payable within one year | 42/48 | €77,891 | €45,900 | -€31,991 | -41.1% |
| Trade debts | 44 | €28,263 | €17,617 | -€10,646 | -37.7% |
| Suppliers | 440/4 | €28,263 | €17,617 | -€10,646 | -37.7% |
| Taxes, remuneration and social security | 45 | €24,473 | €18,736 | -€5,737 | -23.4% |
| Taxes | 450/3 | €10,950 | €7,717 | -€3,233 | -29.5% |
| Remuneration and social security | 454/9 | €13,523 | €11,019 | -€2,504 | -18.5% |
| Other amounts payable | 47/48 | €25,155 | €9,547 | -€15,608 | -62.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €529,198 | €554,762 | +€25,564 | +4.8% |
| Remuneration, social security and pensions | 62 | €190,951 | €235,908 | +€44,957 | +23.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,128 | €11,803 | -€4,325 | -26.8% |
| Other operating charges | 640/8 | €1,594 | €6,361 | +€4,767 | +299% |
| Gross operating margin | 9900 | €204,125 | €252,237 | +€48,112 | +23.6% |
| Operating profit (loss) | 9901 | -€4,548 | -€1,835 | +€2,713 | +59.7% |
| Financial income | 75/76B | €212 | - | -€212 | |
| Recurring financial income | 75 | €212 | - | -€212 | |
| Financial charges | 65/66B | €141 | €137 | -€4 | -2.8% |
| Recurring financial charges | 65 | €141 | €137 | -€4 | -2.8% |
| Profit (loss) for the period before taxes | 9903 | -€4,477 | -€1,972 | +€2,505 | +56.0% |
| Income taxes | 67/77 | €1,917 | €726 | -€1,191 | -62.1% |
| Profit (loss) for the period | 9904 | -€6,394 | -€2,698 | +€3,696 | +57.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,394 | -€2,698 | +€3,696 | +57.8% |
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 26 October 2026 via checked.be.