MARRAKECH DECOR: what changed
Two fiscal 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.
MARRAKECH DECOR
Largest movements
- Receivables within one year -€11,635
no longer reported in 2025 (was €11,635)
- Tangible fixed assets -€5,919
no longer reported in 2025 (was €5,919)
- Cash +€3,446
up €3,446 (+44.3%), from €7,774 to €11,220
mainly Receivables within one year (+€11,635) and Depreciation (+€5,919)
- Profit (loss) carried forward -€13,997
down €13,997 (-36.9%), from -€37,950 to -€51,947
- Trade debts -€7,565
down €7,565 (-12.9%), from €58,800 to €51,235
- Tax, wage and social debts +€5,534
up €5,534 (+94.5%), from €5,855 to €11,389
of which Taxes: +€3,409
- Other debts +€1,789
new in 2025: €1,789
- Staff costs +€23,887
up €23,887 (+227.4%), from €10,503 to €34,390
- Gross operating margin +€7,759
up €7,759 (+41.1%), from €18,866 to €26,625
- Other operating charges -€2,990
down €2,990 (-99.0%), from €3,020 to €30
- Depreciation -€2,096
down €2,096 (-26.2%), from €8,016 to €5,919
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.
Cash bridge derived
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 | €43,698 | €29,459 | -€14,239 | -32.6% |
| Fixed assets | 21/28 | €6,919 | €1,000 | -€5,919 | -85.5% |
| Tangible fixed assets | 22/27 | €5,919 | - | -€5,919 | |
| Furniture and vehicles | 24 | €5,919 | - | -€5,919 | |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €36,779 | €28,459 | -€8,320 | -22.6% |
| Stocks and contracts in progress | 3 | €17,370 | €17,140 | -€230 | -1.3% |
| Stocks | 30/36 | €17,370 | €17,140 | -€230 | -1.3% |
| Amounts receivable within one year | 40/41 | €11,635 | - | -€11,635 | |
| Trade receivables | 40 | €11,635 | - | -€11,635 | |
| Cash at bank and in hand | 54/58 | €7,774 | €11,220 | +€3,446 | +44.3% |
| Deferred charges and accrued income | 490/1 | - | €99 | +€99 | |
| Total equity and liabilities | 10/49 | €43,698 | €29,459 | -€14,239 | -32.6% |
| Equity | 10/15 | -€20,957 | -€34,954 | -€13,997 | -66.8% |
| Contributions | 10/11 | €16,925 | €16,925 | = | 0.0% |
| Reserves | 13 | €68 | €68 | = | 0.0% |
| Non-distributable reserves | 130/1 | €68 | €68 | = | 0.0% |
| Reserves not available under the articles | 1311 | €68 | €68 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€37,950 | -€51,947 | -€13,997 | -36.9% |
| Amounts payable | 17/49 | €64,656 | €64,413 | -€243 | -0.4% |
| Amounts payable within one year | 42/48 | €64,656 | €64,413 | -€243 | -0.4% |
| Trade debts | 44 | €58,800 | €51,235 | -€7,565 | -12.9% |
| Suppliers | 440/4 | €58,800 | €51,235 | -€7,565 | -12.9% |
| Taxes, remuneration and social security | 45 | €5,855 | €11,389 | +€5,534 | +94.5% |
| Taxes | 450/3 | €1,948 | €5,358 | +€3,409 | +175.0% |
| Remuneration and social security | 454/9 | €3,907 | €6,032 | +€2,125 | +54.4% |
| Other amounts payable | 47/48 | - | €1,789 | +€1,789 | |
| Remuneration, social security and pensions | 62 | €10,503 | €34,390 | +€23,887 | +227.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,016 | €5,919 | -€2,096 | -26.2% |
| Other operating charges | 640/8 | €3,020 | €30 | -€2,990 | -99.0% |
| Gross operating margin | 9900 | €18,866 | €26,625 | +€7,759 | +41.1% |
| Operating profit (loss) | 9901 | -€2,673 | -€13,714 | -€11,041 | -413.0% |
| Financial charges | 65/66B | €104 | €283 | +€178 | +170.7% |
| Recurring financial charges | 65 | €104 | €283 | +€178 | +170.7% |
| Profit (loss) for the period before taxes | 9903 | -€2,778 | -€13,997 | -€11,219 | -403.9% |
| Profit (loss) for the period | 9904 | -€2,778 | -€13,997 | -€11,219 | -403.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,778 | -€13,997 | -€11,219 | -403.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.