MARVIL MEDIC: 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.
MARVIL MEDIC
Largest movements
- Cash +€100,587
up €100,587 (+121%), from €83,319 to €183,906
mainly Net result for the year (+€87,821) and Tax, wage and social debts (+€8,339)
- Tangible fixed assets -€10,511
down €10,511 (-28.8%), from €36,539 to €26,028
of which Furniture and vehicles: -€8,374
- Current investments +€8,246
up €8,246 (+3.4%), from €242,989 to €251,235
- Reserves +€87,821
up €87,821 (+27.5%), from €318,863 to €406,684
- Tax, wage and social debts +€8,339
up €8,339 (+44.9%), from €18,573 to €26,912
- Trade debts +€5,993
up €5,993 (+200%), from €2,993 to €8,986
- Financial income -€15,465
down €15,465 (-63.1%), from €24,496 to €9,031
- Taxes -€7,551
down €7,551 (-18.4%), from €41,122 to €33,571
- Depreciation -€3,903
down €3,903 (-45.6%), from €8,561 to €4,658
- Gross operating margin -€2,209
down €2,209 (-1.8%), from €121,942 to €119,734
- Financial charges +€1,800
up €1,800 (+503%), from €358 to €2,158
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 | €372,721 | €474,941 | +€102,220 | +27.4% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €36,589 | €26,078 | -€10,511 | -28.7% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €36,539 | €26,028 | -€10,511 | -28.8% |
| Plant, machinery and equipment | 23 | €26,751 | €24,613 | -€2,137 | -8.0% |
| Furniture and vehicles | 24 | €9,788 | €1,414 | -€8,374 | -85.6% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €336,132 | €448,863 | +€112,731 | +33.5% |
| Amounts receivable within one year | 40/41 | €2,336 | €6,023 | +€3,687 | +158% |
| Other amounts receivable | 41 | €2,336 | €6,023 | +€3,687 | +158% |
| Current investments | 50/53 | €242,989 | €251,235 | +€8,246 | +3.4% |
| Cash at bank and in hand | 54/58 | €83,319 | €183,906 | +€100,587 | +121% |
| Deferred charges and accrued income | 490/1 | €7,488 | €7,700 | +€212 | +2.8% |
| Total equity and liabilities | 10/49 | €372,721 | €474,941 | +€102,220 | +27.4% |
| Equity | 10/15 | €351,155 | €438,976 | +€87,821 | +25.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €318,863 | €406,684 | +€87,821 | +27.5% |
| Distributable reserves | 133 | €318,863 | €406,684 | +€87,821 | +27.5% |
| Profit (loss) carried forward | 14 | €19,892 | €19,892 | = | 0.0% |
| Amounts payable | 17/49 | €21,566 | €35,965 | +€14,399 | +66.8% |
| Amounts payable within one year | 42/48 | €21,566 | €35,898 | +€14,332 | +66.5% |
| Trade debts | 44 | €2,993 | €8,986 | +€5,993 | +200% |
| Suppliers | 440/4 | €2,993 | €8,986 | +€5,993 | +200% |
| Taxes, remuneration and social security | 45 | €18,573 | €26,912 | +€8,339 | +44.9% |
| Taxes | 450/3 | €18,573 | €26,912 | +€8,339 | +44.9% |
| Accrued charges and deferred income | 492/3 | - | €67 | +€67 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,561 | €4,658 | -€3,903 | -45.6% |
| Other operating charges | 640/8 | €1,126 | €557 | -€568 | -50.5% |
| Gross operating margin | 9900 | €121,942 | €119,734 | -€2,209 | -1.8% |
| Operating profit (loss) | 9901 | €112,256 | €114,518 | +€2,263 | +2.0% |
| Financial income | 75/76B | €24,496 | €9,031 | -€15,465 | -63.1% |
| Recurring financial income | 75 | €24,496 | €9,031 | -€15,465 | -63.1% |
| Financial charges | 65/66B | €358 | €2,158 | +€1,800 | +503% |
| Recurring financial charges | 65 | €358 | €2,158 | +€1,800 | +503% |
| Profit (loss) for the period before taxes | 9903 | €136,393 | €121,391 | -€15,002 | -11.0% |
| Income taxes | 67/77 | €41,122 | €33,571 | -€7,551 | -18.4% |
| Profit (loss) for the period | 9904 | €95,271 | €87,821 | -€7,450 | -7.8% |
| Profit (loss) for the period to be appropriated | 9905 | €95,271 | €87,821 | -€7,450 | -7.8% |
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 14 October 2026 via checked.be.