MARYLEEN: 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.
MARYLEEN
Largest movements
- Cash -€272,928
down €272,928 (-69.1%), from €394,893 to €121,965
mainly Current investments (-€250,000) and Tax, wage and social debts (-€17,647)
- Current investments +€250,000
new in 2025: €250,000
- Tangible fixed assets -€9,059
down €9,059 (-9.8%), from €92,798 to €83,740
of which Furniture and vehicles: -€8,506
- Receivables within one year +€8,606
up €8,606 (+179.6%), from €4,793 to €13,398
of which Other amounts receivable: +€9,026
- Accrued charges and deferred income +€18,127
new in 2025: €18,127
- Tax, wage and social debts -€17,647
down €17,647 (-41.3%), from €42,779 to €25,131
of which Taxes: -€18,425
- Profit (loss) carried forward -€10,213
new in 2025: -€10,213
- Other debts -€9,960
down €9,960 (-3.7%), from €267,440 to €257,480
- Gross operating margin -€21,398
down €21,398 (-19.4%), from €110,347 to €88,949
- Taxes -€10,802
down €10,802 (-97.6%), from €11,066 to €264
- Financial income -€3,725
down €3,725 (-21.1%), from €17,644 to €13,919
- Staff costs +€2,216
up €2,216 (+2.8%), from €80,476 to €82,692
- Depreciation +€1,755
up €1,755 (+24.0%), from €7,304 to €9,059
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 | €701,796 | €681,412 | -€20,384 | -2.9% |
| Fixed assets | 21/28 | €92,798 | €83,740 | -€9,059 | -9.8% |
| Tangible fixed assets | 22/27 | €92,798 | €83,740 | -€9,059 | -9.8% |
| Land and buildings | 22 | €55,095 | €54,743 | -€352 | -0.6% |
| Plant, machinery and equipment | 23 | €951 | €750 | -€201 | -21.1% |
| Furniture and vehicles | 24 | €36,752 | €28,246 | -€8,506 | -23.1% |
| Current assets | 29/58 | €608,997 | €597,672 | -€11,325 | -1.9% |
| Stocks and contracts in progress | 3 | €208,367 | €211,853 | +€3,486 | +1.7% |
| Stocks | 30/36 | €208,367 | €211,853 | +€3,486 | +1.7% |
| Amounts receivable within one year | 40/41 | €4,793 | €13,398 | +€8,606 | +179.6% |
| Trade receivables | 40 | €420 | €0 | -€420 | -100.0% |
| Other amounts receivable | 41 | €4,373 | €13,398 | +€9,026 | +206.4% |
| Current investments | 50/53 | - | €250,000 | +€250,000 | |
| Cash at bank and in hand | 54/58 | €394,893 | €121,965 | -€272,928 | -69.1% |
| Deferred charges and accrued income | 490/1 | €945 | €456 | -€489 | -51.7% |
| Total equity and liabilities | 10/49 | €701,796 | €681,412 | -€20,384 | -2.9% |
| Equity | 10/15 | €377,485 | €367,272 | -€10,213 | -2.7% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €315,485 | €315,485 | = | 0.0% |
| Non-distributable reserves | 130/1 | €13,354 | €13,354 | = | 0.0% |
| Legal reserve | 130 | €13,354 | €13,354 | = | 0.0% |
| Tax-exempt reserves | 132 | €0 | - | = | |
| Distributable reserves | 133 | €302,131 | €302,131 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€10,213 | -€10,213 | |
| Amounts payable | 17/49 | €324,310 | €314,140 | -€10,171 | -3.1% |
| Amounts payable within one year | 42/48 | €324,310 | €296,013 | -€28,297 | -8.7% |
| Trade debts | 44 | €14,091 | €13,401 | -€690 | -4.9% |
| Suppliers | 440/4 | €14,091 | €13,401 | -€690 | -4.9% |
| Taxes, remuneration and social security | 45 | €42,779 | €25,131 | -€17,647 | -41.3% |
| Taxes | 450/3 | €32,923 | €14,498 | -€18,425 | -56.0% |
| Remuneration and social security | 454/9 | €9,856 | €10,634 | +€778 | +7.9% |
| Other amounts payable | 47/48 | €267,440 | €257,480 | -€9,960 | -3.7% |
| Accrued charges and deferred income | 492/3 | - | €18,127 | +€18,127 | |
| Non-recurring operating income | 76A | €4,525 | €0 | -€4,525 | -100.0% |
| Remuneration, social security and pensions | 62 | €80,476 | €82,692 | +€2,216 | +2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,304 | €9,059 | +€1,755 | +24.0% |
| Other operating charges | 640/8 | €2,002 | €2,098 | +€96 | +4.8% |
| Gross operating margin | 9900 | €110,347 | €88,949 | -€21,398 | -19.4% |
| Operating profit (loss) | 9901 | €20,564 | -€4,900 | -€25,465 | |
| Financial income | 75/76B | €17,644 | €13,919 | -€3,725 | -21.1% |
| Recurring financial income | 75 | €17,644 | €13,919 | -€3,725 | -21.1% |
| Financial charges | 65/66B | €20,499 | €18,968 | -€1,531 | -7.5% |
| Recurring financial charges | 65 | €20,499 | €18,968 | -€1,531 | -7.5% |
| Profit (loss) for the period before taxes | 9903 | €17,709 | -€9,949 | -€27,658 | |
| Income taxes | 67/77 | €11,066 | €264 | -€10,802 | -97.6% |
| Profit (loss) for the period | 9904 | €6,643 | -€10,213 | -€16,856 | |
| Transfer from tax-exempt reserves | 789 | €18,750 | €0 | -€18,750 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | €25,393 | -€10,213 | -€35,606 |
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 12 October 2026 via checked.be.