MARYLO II: what changed
MARYLO II
Largest movements
- Cash +€30,269
up €30,269 (+108%), from €28,076 to €58,345
mainly Net result for the year (+€19,775) and Other debts (+€8,283)
- Reserves +€35,000
new in 2025: €35,000
- Profit (loss) carried forward -€15,225
down €15,225 (-79.1%), from €19,255 to €4,030
- Other debts +€8,283
up €8,283 (+8.3%), from €100,000 to €108,283
- Tax, wage and social debts +€6,784
up €6,784 (+62.4%), from €10,874 to €17,658
- Accrued charges and deferred income -€5,087
down €5,087 (-100%), from €5,087 to €0
- Financial charges -€4,969
down €4,969 (-91.3%), from €5,443 to €474
- Gross operating margin -€3,876
down €3,876 (-12.9%), from €29,963 to €26,086
- Taxes +€385
up €385 (+7.7%), from €4,986 to €5,371
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €137,867 | €167,472 | +€29,604 | +21.5% |
| Fixed assets | 21/28 | €102,075 | €101,605 | -€471 | -0.5% |
| Tangible fixed assets | 22/27 | €2,075 | €1,605 | -€471 | -22.7% |
| Furniture and vehicles | 24 | €2,075 | €1,605 | -€471 | -22.7% |
| Financial fixed assets | 28 | €100,000 | €100,000 | = | 0.0% |
| Current assets | 29/58 | €35,792 | €65,867 | +€30,075 | +84.0% |
| Amounts receivable within one year | 40/41 | €7,454 | €7,260 | -€194 | -2.6% |
| Trade receivables | 40 | €7,454 | €7,260 | -€194 | -2.6% |
| Cash at bank and in hand | 54/58 | €28,076 | €58,345 | +€30,269 | +108% |
| Deferred charges and accrued income | 490/1 | €262 | €262 | = | 0.0% |
| Total equity and liabilities | 10/49 | €137,867 | €167,472 | +€29,604 | +21.5% |
| Equity | 10/15 | €21,755 | €41,530 | +€19,775 | +90.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | - | €35,000 | +€35,000 | |
| Distributable reserves | 133 | - | €35,000 | +€35,000 | |
| Profit (loss) carried forward | 14 | €19,255 | €4,030 | -€15,225 | -79.1% |
| Amounts payable | 17/49 | €116,112 | €125,942 | +€9,829 | +8.5% |
| Amounts payable within one year | 42/48 | €111,026 | €125,942 | +€14,916 | +13.4% |
| Trade debts | 44 | €151 | €0 | -€151 | -100% |
| Suppliers | 440/4 | €151 | €0 | -€151 | -100% |
| Taxes, remuneration and social security | 45 | €10,874 | €17,658 | +€6,784 | +62.4% |
| Taxes | 450/3 | €10,874 | €17,658 | +€6,784 | +62.4% |
| Other amounts payable | 47/48 | €100,000 | €108,283 | +€8,283 | +8.3% |
| Accrued charges and deferred income | 492/3 | €5,087 | €0 | -€5,087 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €279 | €471 | +€192 | +68.7% |
| Gross operating margin | 9900 | €29,963 | €26,086 | -€3,876 | -12.9% |
| Operating profit (loss) | 9901 | €29,683 | €25,615 | -€4,068 | -13.7% |
| Financial income | 75/76B | - | €5 | +€5 | |
| Recurring financial income | 75 | - | €5 | +€5 | |
| Financial charges | 65/66B | €5,443 | €474 | -€4,969 | -91.3% |
| Recurring financial charges | 65 | €5,443 | €474 | -€4,969 | -91.3% |
| Profit (loss) for the period before taxes | 9903 | €24,241 | €25,146 | +€906 | +3.7% |
| Income taxes | 67/77 | €4,986 | €5,371 | +€385 | +7.7% |
| Profit (loss) for the period | 9904 | €19,255 | €19,775 | +€520 | +2.7% |
| Profit (loss) for the period to be appropriated | 9905 | €19,255 | €19,775 | +€520 | +2.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.