MARONA: 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.
MARONA
Largest movements
- Tangible fixed assets -€16,756
down €16,756 (-11.0%), from €151,708 to €134,952
of which Land and buildings: -€16,699
- Cash +€11,088
up €11,088 (+26.8%), from €41,441 to €52,529
mainly Depreciation (+€17,567) and Tax, wage and social debts (+€2,105)
- Profit (loss) carried forward -€6,796
down €6,796 (-6.3%), from €108,481 to €101,686
- Tax, wage and social debts +€2,105
up €2,105 (+25.6%), from €8,208 to €10,314
of which Remuneration and social security: +€2,072
- Staff costs +€3,011
up €3,011 (+7.9%), from €38,101 to €41,112
- Gross operating margin +€2,793
up €2,793 (+5.2%), from €54,011 to €56,804
- Other operating charges -€1,341
down €1,341 (-22.0%), from €6,092 to €4,751
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 | €202,777 | €197,244 | -€5,533 | -2.7% |
| Fixed assets | 21/28 | €151,708 | €134,952 | -€16,756 | -11.0% |
| Tangible fixed assets | 22/27 | €151,708 | €134,952 | -€16,756 | -11.0% |
| Land and buildings | 22 | €151,651 | €134,952 | -€16,699 | -11.0% |
| Plant, machinery and equipment | 23 | €57 | - | -€57 | |
| Current assets | 29/58 | €51,069 | €62,292 | +€11,223 | +22.0% |
| Amounts receivable within one year | 40/41 | €7,260 | €7,260 | = | 0.0% |
| Trade receivables | 40 | €7,260 | €7,260 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €41,441 | €52,529 | +€11,088 | +26.8% |
| Deferred charges and accrued income | 490/1 | €2,368 | €2,503 | +€135 | +5.7% |
| Total equity and liabilities | 10/49 | €202,777 | €197,244 | -€5,533 | -2.7% |
| Equity | 10/15 | €128,933 | €122,137 | -€6,796 | -5.3% |
| Contributions | 10/11 | €20,451 | €20,451 | = | 0.0% |
| Profit (loss) carried forward | 14 | €108,481 | €101,686 | -€6,796 | -6.3% |
| Amounts payable | 17/49 | €73,845 | €75,107 | +€1,263 | +1.7% |
| Amounts payable after more than one year | 17 | €5,900 | €5,900 | = | 0.0% |
| Financial debts | 170/4 | €5,900 | €5,900 | = | 0.0% |
| Amounts payable within one year | 42/48 | €67,945 | €69,207 | +€1,263 | +1.9% |
| Trade debts | 44 | €4,162 | €3,274 | -€888 | -21.3% |
| Suppliers | 440/4 | €4,162 | €3,274 | -€888 | -21.3% |
| Taxes, remuneration and social security | 45 | €8,208 | €10,314 | +€2,105 | +25.6% |
| Taxes | 450/3 | €1,446 | €1,479 | +€33 | +2.3% |
| Remuneration and social security | 454/9 | €6,763 | €8,835 | +€2,072 | +30.6% |
| Other amounts payable | 47/48 | €55,575 | €55,620 | +€45 | +0.1% |
| Remuneration, social security and pensions | 62 | €38,101 | €41,112 | +€3,011 | +7.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,662 | €17,567 | -€95 | -0.5% |
| Other operating charges | 640/8 | €6,092 | €4,751 | -€1,341 | -22.0% |
| Gross operating margin | 9900 | €54,011 | €56,804 | +€2,793 | +5.2% |
| Operating profit (loss) | 9901 | -€7,844 | -€6,627 | +€1,217 | +15.5% |
| Financial income | 75/76B | €43 | €174 | +€131 | +303% |
| Recurring financial income | 75 | €43 | €174 | +€131 | +303% |
| Financial charges | 65/66B | €140 | €149 | +€9 | +6.7% |
| Recurring financial charges | 65 | €140 | €149 | +€9 | +6.7% |
| Profit (loss) for the period before taxes | 9903 | -€7,941 | -€6,602 | +€1,339 | +16.9% |
| Income taxes | 67/77 | €149 | €194 | +€45 | +30.5% |
| Profit (loss) for the period | 9904 | -€8,089 | -€6,796 | +€1,294 | +16.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,089 | -€6,796 | +€1,294 | +16.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.