MAROTTA SILVIA: 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.
MAROTTA SILVIA
Largest movements
- Intangible fixed assets -€14,215
down €14,215 (-30.8%), from €46,140 to €31,925
- Cash -€8,197
down €8,197 (-25.3%), from €32,356 to €24,159
mainly Debts after one year (-€28,182) and Current portion of long-term debt (-€5,505)
- Receivables within one year -€1,908
down €1,908 (-10.4%), from €18,378 to €16,469
of which Other amounts receivable: -€2,714
- Deferred charges and accrued income +€1,429
up €1,429 (+3,987%), from €36 to €1,465
- Debts after one year -€28,182
no longer reported in 2025 (was €28,182)
of which Other amounts payable: -€26,897
- Profit (loss) carried forward +€6,235
up €6,235 (+2,448%), from €255 to €6,490
- Current portion of long-term debt -€5,505
down €5,505 (-59.1%), from €9,318 to €3,813
- Trade debts +€2,168
up €2,168 (+106%), from €2,046 to €4,214
- Depreciation +€4,496
up €4,496 (+37.4%), from €12,026 to €16,522
- Taxes +€1,832
up €1,832 (+1,244%), from €147 to €1,979
- Other operating charges +€1,156
up €1,156 (+126%), from €921 to €2,077
- Gross operating margin +€948
up €948 (+3.4%), from €28,065 to €29,013
- Financial charges +€325
up €325 (+20.8%), from €1,564 to €1,889
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 | €100,101 | €75,932 | -€24,169 | -24.1% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €47,014 | €32,193 | -€14,822 | -31.5% |
| Intangible fixed assets | 21 | €46,140 | €31,925 | -€14,215 | -30.8% |
| Tangible fixed assets | 22/27 | €831 | €224 | -€607 | -73.0% |
| Plant, machinery and equipment | 23 | €831 | €224 | -€607 | -73.0% |
| Financial fixed assets | 28 | €43 | €43 | = | 0.0% |
| Current assets | 29/58 | €53,086 | €43,739 | -€9,347 | -17.6% |
| Stocks and contracts in progress | 3 | €2,317 | €1,646 | -€671 | -29.0% |
| Stocks | 30/36 | €2,317 | €1,646 | -€671 | -29.0% |
| Amounts receivable within one year | 40/41 | €18,378 | €16,469 | -€1,908 | -10.4% |
| Trade receivables | 40 | €8,683 | €9,489 | +€806 | +9.3% |
| Other amounts receivable | 41 | €9,695 | €6,981 | -€2,714 | -28.0% |
| Cash at bank and in hand | 54/58 | €32,356 | €24,159 | -€8,197 | -25.3% |
| Deferred charges and accrued income | 490/1 | €36 | €1,465 | +€1,429 | +3,987% |
| Total equity and liabilities | 10/49 | €100,101 | €75,932 | -€24,169 | -24.1% |
| Equity | 10/15 | €60,355 | €66,590 | +€6,235 | +10.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €41,500 | €41,500 | = | 0.0% |
| Distributable reserves | 133 | €41,500 | €41,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €255 | €6,490 | +€6,235 | +2,448% |
| Amounts payable | 17/49 | €39,746 | €9,342 | -€30,404 | -76.5% |
| Amounts payable after more than one year | 17 | €28,182 | - | -€28,182 | |
| Financial debts | 170/4 | €1,285 | - | -€1,285 | |
| Other amounts payable | 178/9 | €26,897 | - | -€26,897 | |
| Amounts payable within one year | 42/48 | €11,564 | €9,342 | -€2,222 | -19.2% |
| Current portion of amounts payable after more than one year | 42 | €9,318 | €3,813 | -€5,505 | -59.1% |
| Financial debts | 43 | - | €115 | +€115 | |
| Credit institutions | 430/8 | - | €115 | +€115 | |
| Trade debts | 44 | €2,046 | €4,214 | +€2,168 | +106% |
| Suppliers | 440/4 | €2,046 | €4,214 | +€2,168 | +106% |
| Taxes, remuneration and social security | 45 | €200 | €1,200 | +€1,000 | +500% |
| Remuneration and social security | 454/9 | €200 | €1,200 | +€1,000 | +500% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,026 | €16,522 | +€4,496 | +37.4% |
| Other operating charges | 640/8 | €921 | €2,077 | +€1,156 | +126% |
| Non-recurring operating charges | 66A | - | €312 | +€312 | |
| Gross operating margin | 9900 | €28,065 | €29,013 | +€948 | +3.4% |
| Operating profit (loss) | 9901 | €15,119 | €10,103 | -€5,016 | -33.2% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €1,564 | €1,889 | +€325 | +20.8% |
| Recurring financial charges | 65 | €1,564 | €1,889 | +€325 | +20.8% |
| Profit (loss) for the period before taxes | 9903 | €13,555 | €8,214 | -€5,341 | -39.4% |
| Income taxes | 67/77 | €147 | €1,979 | +€1,832 | +1,244% |
| Profit (loss) for the period | 9904 | €13,408 | €6,235 | -€7,173 | -53.5% |
| Profit (loss) for the period to be appropriated | 9905 | €13,408 | €6,235 | -€7,173 | -53.5% |
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 1 November 2026 via checked.be.