MARRIDDIS: 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.
MARRIDDIS
Largest movements
- Receivables within one year +€117,169
up €117,169 (+36.6%), from €319,769 to €436,938
of which Other amounts receivable: +€229,119
- Cash -€93,715
down €93,715 (-62.3%), from €150,397 to €56,682
mainly Receivables within one year (-€117,169) and Investment in fixed assets (net) (-€77,289)
- Stocks and contracts +€47,844
up €47,844 (+14.1%), from €338,586 to €386,430
- Trade debts +€138,068
up €138,068 (+46.3%), from €298,347 to €436,415
- Other debts -€54,735
down €54,735 (-35.4%), from €154,524 to €99,789
- Profit (loss) carried forward -€23,054
new in 2025: -€23,054
- Tax, wage and social debts +€18,001
up €18,001 (+27.8%), from €64,718 to €82,719
of which Remuneration and social security: +€36,640
- Gross operating margin -€107,285
down €107,285 (-14.2%), from €753,331 to €646,046
- Staff costs +€61,898
up €61,898 (+12.3%), from €502,404 to €564,302
- Taxes -€43,092
down €43,092 (-98.7%), from €43,639 to €547
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 | €1,084,439 | €1,162,997 | +€78,558 | +7.2% |
| Fixed assets | 21/28 | €268,200 | €275,710 | +€7,510 | +2.8% |
| Tangible fixed assets | 22/27 | €268,200 | €275,710 | +€7,510 | +2.8% |
| Plant, machinery and equipment | 23 | €249,538 | €265,795 | +€16,257 | +6.5% |
| Furniture and vehicles | 24 | €18,662 | €9,915 | -€8,747 | -46.9% |
| Current assets | 29/58 | €816,239 | €887,287 | +€71,048 | +8.7% |
| Stocks and contracts in progress | 3 | €338,586 | €386,430 | +€47,844 | +14.1% |
| Stocks | 30/36 | €338,586 | €386,430 | +€47,844 | +14.1% |
| Amounts receivable within one year | 40/41 | €319,769 | €436,938 | +€117,169 | +36.6% |
| Trade receivables | 40 | €233,420 | €121,470 | -€111,950 | -48.0% |
| Other amounts receivable | 41 | €86,349 | €315,468 | +€229,119 | +265% |
| Cash at bank and in hand | 54/58 | €150,397 | €56,682 | -€93,715 | -62.3% |
| Deferred charges and accrued income | 490/1 | €7,487 | €7,237 | -€250 | -3.3% |
| Total equity and liabilities | 10/49 | €1,084,439 | €1,162,997 | +€78,558 | +7.2% |
| Equity | 10/15 | €566,779 | €543,725 | -€23,054 | -4.1% |
| Contributions | 10/11 | €264,000 | €264,000 | = | 0.0% |
| Capital | 10 | €264,000 | €264,000 | = | 0.0% |
| Issued capital | 100 | €264,000 | €264,000 | = | 0.0% |
| Reserves | 13 | €302,779 | €302,779 | +€0 | 0.0% |
| Non-distributable reserves | 130/1 | €26,400 | €26,400 | = | 0.0% |
| Legal reserve | 130 | €26,400 | €26,400 | = | 0.0% |
| Tax-exempt reserves | 132 | €60 | €60 | +€0 | +0.1% |
| Distributable reserves | 133 | €276,319 | €276,319 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | - | -€23,054 | -€23,054 | |
| Amounts payable | 17/49 | €517,660 | €619,272 | +€101,612 | +19.6% |
| Amounts payable within one year | 42/48 | €517,589 | €618,924 | +€101,335 | +19.6% |
| Trade debts | 44 | €298,347 | €436,415 | +€138,068 | +46.3% |
| Suppliers | 440/4 | €298,347 | €436,415 | +€138,068 | +46.3% |
| Taxes, remuneration and social security | 45 | €64,718 | €82,719 | +€18,001 | +27.8% |
| Taxes | 450/3 | €18,639 | - | -€18,639 | |
| Remuneration and social security | 454/9 | €46,079 | €82,719 | +€36,640 | +79.5% |
| Other amounts payable | 47/48 | €154,524 | €99,789 | -€54,735 | -35.4% |
| Accrued charges and deferred income | 492/3 | €71 | €348 | +€277 | +390% |
| Remuneration, social security and pensions | 62 | €502,404 | €564,302 | +€61,898 | +12.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62,317 | €69,779 | +€7,462 | +12.0% |
| Other operating charges | 640/8 | €19,092 | €19,431 | +€339 | +1.8% |
| Gross operating margin | 9900 | €753,331 | €646,046 | -€107,285 | -14.2% |
| Operating profit (loss) | 9901 | €169,518 | -€7,466 | -€176,984 | |
| Financial income | 75/76B | €5,322 | €5,676 | +€354 | +6.6% |
| Recurring financial income | 75 | €5,322 | €5,676 | +€354 | +6.6% |
| Financial charges | 65/66B | €20,839 | €20,717 | -€122 | -0.6% |
| Recurring financial charges | 65 | €20,839 | €20,597 | -€242 | -1.2% |
| Non-recurring financial charges | 66B | - | €120 | +€120 | |
| Profit (loss) for the period before taxes | 9903 | €154,001 | -€22,507 | -€176,508 | |
| Income taxes | 67/77 | €43,639 | €547 | -€43,092 | -98.7% |
| Profit (loss) for the period | 9904 | €110,362 | -€23,054 | -€133,416 | |
| Profit (loss) for the period to be appropriated | 9905 | €110,362 | -€23,054 | -€133,416 |
Source: filed annual accounts (NBB), financial years ended 29 February 2024 and 28 February 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.