MARVICA: 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.
MARVICA
Largest movements
- Cash -€2,230
down €2,230 (-68.7%), from €3,247 to €1,017
mainly Trade debts (-€1,902) and Tax, wage and social debts (-€932)
- Trade debts -€1,902
down €1,902 (-7.1%), from €26,849 to €24,947
- Tax, wage and social debts -€932
down €932 (-19.4%), from €4,799 to €3,867
- Other debts +€425
up €425 (+1.0%), from €40,644 to €41,069
- Profit (loss) carried forward +€179
up €179 (+0.3%), from -€69,046 to -€68,867
- Gross operating margin -€5,514
down €5,514 (-13.7%), from €40,350 to €34,837
- Other operating charges +€442
up €442 (+1.3%), from €33,936 to €34,378
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 | €3,247 | €1,017 | -€2,230 | -68.7% |
| Current assets | 29/58 | €3,247 | €1,017 | -€2,230 | -68.7% |
| Cash at bank and in hand | 54/58 | €3,247 | €1,017 | -€2,230 | -68.7% |
| Total equity and liabilities | 10/49 | €3,247 | €1,017 | -€2,230 | -68.7% |
| Equity | 10/15 | -€69,045 | -€68,866 | +€179 | +0.3% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Capital | 10 | €1 | €1 | = | 0.0% |
| Issued capital | 100 | €1 | €1 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€69,046 | -€68,867 | +€179 | +0.3% |
| Amounts payable | 17/49 | €72,292 | €69,883 | -€2,409 | -3.3% |
| Amounts payable within one year | 42/48 | €72,292 | €69,883 | -€2,409 | -3.3% |
| Trade debts | 44 | €26,849 | €24,947 | -€1,902 | -7.1% |
| Suppliers | 440/4 | €26,849 | €24,947 | -€1,902 | -7.1% |
| Taxes, remuneration and social security | 45 | €4,799 | €3,867 | -€932 | -19.4% |
| Taxes | 450/3 | €4,799 | €3,867 | -€932 | -19.4% |
| Other amounts payable | 47/48 | €40,644 | €41,069 | +€425 | +1.0% |
| Other operating charges | 640/8 | €33,936 | €34,378 | +€442 | +1.3% |
| Gross operating margin | 9900 | €40,350 | €34,837 | -€5,514 | -13.7% |
| Operating profit (loss) | 9901 | €6,414 | €458 | -€5,956 | -92.9% |
| Financial charges | 65/66B | €279 | €279 | = | 0.0% |
| Recurring financial charges | 65 | €279 | €279 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €6,135 | €179 | -€5,956 | -97.1% |
| Profit (loss) for the period | 9904 | €6,135 | €179 | -€5,956 | -97.1% |
| Profit (loss) for the period to be appropriated | 9905 | €6,135 | €179 | -€5,956 | -97.1% |
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 17 October 2026 via checked.be.