MARVILA: 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.
MARVILA
Largest movements
- Tangible fixed assets -€7,786
down €7,786 (-17.1%), from €45,565 to €37,779
of which Land and buildings: -€5,980
- Cash -€2,072
down €2,072 (-55.3%), from €3,747 to €1,675
mainly Net result for the year (-€10,229) and Debts after one year (-€8,313)
- Current investments +€1,284
up €1,284 (+3.4%), from €38,175 to €39,459
- Profit (loss) carried forward -€10,229
down €10,229 (-642.0%), from -€1,593 to -€11,822
- Other debts +€8,518
up €8,518 (+112.2%), from €7,588 to €16,106
- Debts after one year -€8,313
down €8,313 (-21.6%), from €38,539 to €30,227
- Gross operating margin -€7,310
down €7,310 (-86.8%), from €8,419 to €1,109
- Financial charges -€293
down €293 (-14.1%), from €2,077 to €1,784
- Taxes -€268
down €268 (-58.0%), from €462 to €194
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 | €90,289 | €80,823 | -€9,466 | -10.5% |
| Fixed assets | 21/28 | €45,810 | €38,024 | -€7,786 | -17.0% |
| Tangible fixed assets | 22/27 | €45,565 | €37,779 | -€7,786 | -17.1% |
| Land and buildings | 22 | €41,211 | €35,231 | -€5,980 | -14.5% |
| Plant, machinery and equipment | 23 | €4,354 | €2,548 | -€1,806 | -41.5% |
| Financial fixed assets | 28 | €245 | €245 | = | 0.0% |
| Current assets | 29/58 | €44,479 | €42,799 | -€1,680 | -3.8% |
| Amounts receivable within one year | 40/41 | €2,557 | €1,664 | -€892 | -34.9% |
| Trade receivables | 40 | €2,165 | €1,664 | -€501 | -23.1% |
| Other amounts receivable | 41 | €391 | - | -€391 | |
| Current investments | 50/53 | €38,175 | €39,459 | +€1,284 | +3.4% |
| Cash at bank and in hand | 54/58 | €3,747 | €1,675 | -€2,072 | -55.3% |
| Total equity and liabilities | 10/49 | €90,289 | €80,823 | -€9,466 | -10.5% |
| Equity | 10/15 | €33,174 | €22,946 | -€10,229 | -30.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €28,567 | €28,567 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €26,707 | €26,707 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,593 | -€11,822 | -€10,229 | -642.0% |
| Amounts payable | 17/49 | €57,115 | €57,877 | +€762 | +1.3% |
| Amounts payable after more than one year | 17 | €38,539 | €30,227 | -€8,313 | -21.6% |
| Financial debts | 170/4 | €38,539 | €30,227 | -€8,313 | -21.6% |
| Amounts payable within one year | 42/48 | €18,576 | €27,650 | +€9,075 | +48.9% |
| Current portion of amounts payable after more than one year | 42 | €8,639 | €8,991 | +€351 | +4.1% |
| Trade debts | 44 | €220 | €490 | +€270 | +122.6% |
| Suppliers | 440/4 | €220 | €490 | +€270 | +122.6% |
| Advances received on contracts in progress | 46 | €1,666 | €1,666 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €462 | €398 | -€64 | -13.8% |
| Taxes | 450/3 | €462 | €398 | -€64 | -13.8% |
| Other amounts payable | 47/48 | €7,588 | €16,106 | +€8,518 | +112.2% |
| Non-recurring operating income | 76A | €1,509 | €1,269 | -€240 | -15.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,786 | €7,786 | +€0 | 0.0% |
| Other operating charges | 640/8 | €1,538 | €1,577 | +€39 | +2.5% |
| Non-recurring operating charges | 66A | €275 | - | -€275 | |
| Gross operating margin | 9900 | €8,419 | €1,109 | -€7,310 | -86.8% |
| Operating profit (loss) | 9901 | -€1,180 | -€8,254 | -€7,074 | -599.6% |
| Financial income | 75/76B | €4 | €4 | -€0 | -11.6% |
| Recurring financial income | 75 | €4 | €4 | -€0 | -11.6% |
| Financial charges | 65/66B | €2,077 | €1,784 | -€293 | -14.1% |
| Recurring financial charges | 65 | €2,077 | €1,784 | -€293 | -14.1% |
| Profit (loss) for the period before taxes | 9903 | -€3,253 | -€10,035 | -€6,782 | -208.5% |
| Income taxes | 67/77 | €462 | €194 | -€268 | -58.0% |
| Profit (loss) for the period | 9904 | -€3,715 | -€10,229 | -€6,514 | -175.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,715 | -€10,229 | -€6,514 | -175.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.