MAROUSSIA: 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.
MAROUSSIA
Largest movements
- Receivables within one year +€55,254
up €55,254 (+55.5%), from €99,549 to €154,803
of which Trade receivables: +€63,586
- Cash +€43,617
up €43,617 (+132%), from €33,127 to €76,745
mainly Trade debts (+€51,176) and Net result for the year (+€24,177)
- Deferred charges and accrued income -€12,657
down €12,657 (-90.5%), from €13,983 to €1,326
- Tangible fixed assets +€2,434
up €2,434 (+186%), from €1,306 to €3,740
of which Land and buildings: +€3,007
- Trade debts +€51,176
up €51,176 (+65.1%), from €78,619 to €129,796
- Reserves +€24,177
up €24,177 (+262%), from €9,245 to €33,422
of which Distributable reserves: +€24,177
- Tax, wage and social debts +€21,610
up €21,610 (+581%), from €3,721 to €25,331
- Other debts -€8,315
down €8,315 (-83.2%), from €10,000 to €1,685
- Gross operating margin +€26,159
up €26,159 (+192%), from €13,653 to €39,812
- Taxes +€8,253
up €8,253 (+175%), from €4,723 to €12,976
- Financial income -€1,750
down €1,750 (-97.6%), from €1,794 to €44
- Financial charges -€467
down €467 (-24.0%), from €1,950 to €1,483
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 | €147,965 | €236,613 | +€88,648 | +59.9% |
| Fixed assets | 21/28 | €1,306 | €3,740 | +€2,434 | +186% |
| Tangible fixed assets | 22/27 | €1,306 | €3,740 | +€2,434 | +186% |
| Land and buildings | 22 | - | €3,007 | +€3,007 | |
| Furniture and vehicles | 24 | €704 | €334 | -€370 | -52.6% |
| Other tangible fixed assets | 26 | €602 | €399 | -€204 | -33.8% |
| Current assets | 29/58 | €146,659 | €232,873 | +€86,214 | +58.8% |
| Amounts receivable within one year | 40/41 | €99,549 | €154,803 | +€55,254 | +55.5% |
| Trade receivables | 40 | €91,217 | €154,803 | +€63,586 | +69.7% |
| Other amounts receivable | 41 | €8,331 | €0 | -€8,331 | -100% |
| Cash at bank and in hand | 54/58 | €33,127 | €76,745 | +€43,617 | +132% |
| Deferred charges and accrued income | 490/1 | €13,983 | €1,326 | -€12,657 | -90.5% |
| Total equity and liabilities | 10/49 | €147,965 | €236,613 | +€88,648 | +59.9% |
| Equity | 10/15 | €55,625 | €79,802 | +€24,177 | +43.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €9,245 | €33,422 | +€24,177 | +262% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €9,245 | €33,422 | +€24,177 | +262% |
| Profit (loss) carried forward | 14 | €40,180 | €40,180 | = | 0.0% |
| Amounts payable | 17/49 | €92,340 | €156,811 | +€64,471 | +69.8% |
| Amounts payable within one year | 42/48 | €92,340 | €156,811 | +€64,471 | +69.8% |
| Trade debts | 44 | €78,619 | €129,796 | +€51,176 | +65.1% |
| Suppliers | 440/4 | €78,619 | €129,796 | +€51,176 | +65.1% |
| Taxes, remuneration and social security | 45 | €3,721 | €25,331 | +€21,610 | +581% |
| Taxes | 450/3 | €3,721 | €25,331 | +€21,610 | +581% |
| Other amounts payable | 47/48 | €10,000 | €1,685 | -€8,315 | -83.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €574 | €668 | +€94 | +16.4% |
| Other operating charges | 640/8 | €816 | €553 | -€263 | -32.3% |
| Gross operating margin | 9900 | €13,653 | €39,812 | +€26,159 | +192% |
| Operating profit (loss) | 9901 | €12,264 | €38,592 | +€26,328 | +215% |
| Financial income | 75/76B | €1,794 | €44 | -€1,750 | -97.6% |
| Recurring financial income | 75 | €1,794 | €44 | -€1,750 | -97.6% |
| Financial charges | 65/66B | €1,950 | €1,483 | -€467 | -24.0% |
| Recurring financial charges | 65 | €1,950 | €1,483 | -€467 | -24.0% |
| Profit (loss) for the period before taxes | 9903 | €12,107 | €37,153 | +€25,046 | +207% |
| Income taxes | 67/77 | €4,723 | €12,976 | +€8,253 | +175% |
| Profit (loss) for the period | 9904 | €7,385 | €24,177 | +€16,792 | +227% |
| Profit (loss) for the period to be appropriated | 9905 | €7,385 | €24,177 | +€16,792 | +227% |
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 18 October 2026 via checked.be.