MARONBO: 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.
MARONBO
Largest movements
- Receivables within one year +€16,162
up €16,162 (+31.5%), from €51,304 to €67,466
of which Trade receivables: +€9,434
- Cash +€15,117
up €15,117 (+69.8%), from €21,667 to €36,784
mainly Net result for the year (+€28,122) and Deferred charges and accrued income (+€6,044)
- Deferred charges and accrued income -€6,044
down €6,044 (-59.7%), from €10,126 to €4,082
- Profit (loss) carried forward +€28,122
up €28,122 (+43.0%), from €65,387 to €93,509
- Tax, wage and social debts -€1,901
down €1,901 (-16.1%), from €11,820 to €9,919
of which Taxes: -€2,115
- Financial charges -€2,883
down €2,883 (-92.6%), from €3,115 to €231
- Financial income -€2,871
down €2,871 (-50.0%), from €5,741 to €2,870
- Gross operating margin -€1,171
down €1,171 (-3.3%), from €35,798 to €34,627
- Other operating charges +€1,035
up €1,035 (+145%), from €712 to €1,747
- Taxes -€409
down €409 (-5.4%), from €7,633 to €7,224
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 | €83,096 | €109,282 | +€26,186 | +31.5% |
| Fixed assets | 21/28 | - | €951 | +€951 | |
| Tangible fixed assets | 22/27 | - | €951 | +€951 | |
| Plant, machinery and equipment | 23 | - | €951 | +€951 | |
| Current assets | 29/58 | €83,096 | €108,331 | +€25,235 | +30.4% |
| Amounts receivable within one year | 40/41 | €51,304 | €67,466 | +€16,162 | +31.5% |
| Trade receivables | 40 | - | €9,434 | +€9,434 | |
| Other amounts receivable | 41 | €51,304 | €58,032 | +€6,728 | +13.1% |
| Cash at bank and in hand | 54/58 | €21,667 | €36,784 | +€15,117 | +69.8% |
| Deferred charges and accrued income | 490/1 | €10,126 | €4,082 | -€6,044 | -59.7% |
| Total equity and liabilities | 10/49 | €83,096 | €109,282 | +€26,186 | +31.5% |
| Equity | 10/15 | €70,387 | €98,509 | +€28,122 | +40.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €65,387 | €93,509 | +€28,122 | +43.0% |
| Amounts payable | 17/49 | €12,710 | €10,774 | -€1,936 | -15.2% |
| Amounts payable within one year | 42/48 | €12,710 | €10,774 | -€1,936 | -15.2% |
| Trade debts | 44 | €489 | €854 | +€365 | +74.6% |
| Suppliers | 440/4 | €489 | €854 | +€365 | +74.6% |
| Taxes, remuneration and social security | 45 | €11,820 | €9,919 | -€1,901 | -16.1% |
| Taxes | 450/3 | €9,034 | €6,919 | -€2,115 | -23.4% |
| Remuneration and social security | 454/9 | €2,786 | €3,000 | +€214 | +7.7% |
| Other amounts payable | 47/48 | €400 | - | -€400 | |
| Non-recurring operating income | 76A | - | €11,873 | +€11,873 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €174 | +€174 | |
| Other operating charges | 640/8 | €712 | €1,747 | +€1,035 | +145% |
| Gross operating margin | 9900 | €35,798 | €34,627 | -€1,171 | -3.3% |
| Operating profit (loss) | 9901 | €35,086 | €32,707 | -€2,380 | -6.8% |
| Financial income | 75/76B | €5,741 | €2,870 | -€2,871 | -50.0% |
| Recurring financial income | 75 | €5,741 | €2,870 | -€2,871 | -50.0% |
| Financial charges | 65/66B | €3,115 | €231 | -€2,883 | -92.6% |
| Recurring financial charges | 65 | €3,115 | €231 | -€2,883 | -92.6% |
| Profit (loss) for the period before taxes | 9903 | €37,713 | €35,346 | -€2,367 | -6.3% |
| Income taxes | 67/77 | €7,633 | €7,224 | -€409 | -5.4% |
| Profit (loss) for the period | 9904 | €30,080 | €28,122 | -€1,958 | -6.5% |
| Profit (loss) for the period to be appropriated | 9905 | €30,080 | €28,122 | -€1,958 | -6.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.