MaryLou: 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.
MaryLou
Largest movements
- Receivables within one year -€145,139
down €145,139 (-97.6%), from €148,737 to €3,599
of which Other amounts receivable: -€132,817
- Cash -€11,411
down €11,411 (-37.2%), from €30,637 to €19,226
mainly Current portion of long-term debt (-€96,342) and Trade debts (-€48,725)
- Financial fixed assets -€8,000
down €8,000 (-98.5%), from €8,123 to €123
- Current portion of long-term debt -€96,342
down €96,342 (-86.2%), from €111,782 to €15,440
- Trade debts -€48,725
down €48,725 (-92.6%), from €52,607 to €3,882
- Debts after one year -€15,440
down €15,440 (-4.9%), from €315,000 to €299,560
- Gross operating margin +€29,675
up €29,675 (+138%), from €21,493 to €51,167
- Depreciation +€15,330
up €15,330 (+150%), from €10,253 to €25,583
- Financial charges +€10,035
up €10,035 (+246%), from €4,072 to €14,107
- Other operating charges +€2,355
up €2,355 (+70.7%), from €3,333 to €5,688
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 | €536,188 | €378,436 | -€157,752 | -29.4% |
| Fixed assets | 21/28 | €354,217 | €351,168 | -€3,049 | -0.9% |
| Intangible fixed assets | 21 | €527 | €775 | +€248 | +46.9% |
| Tangible fixed assets | 22/27 | €345,567 | €350,270 | +€4,703 | +1.4% |
| Land and buildings | 22 | €302,885 | €317,031 | +€14,146 | +4.7% |
| Plant, machinery and equipment | 23 | €22,374 | €20,541 | -€1,833 | -8.2% |
| Furniture and vehicles | 24 | €15,424 | €12,698 | -€2,726 | -17.7% |
| Other tangible fixed assets | 26 | €4,884 | - | -€4,884 | |
| Financial fixed assets | 28 | €8,123 | €123 | -€8,000 | -98.5% |
| Current assets | 29/58 | €181,971 | €27,268 | -€154,703 | -85.0% |
| Stocks and contracts in progress | 3 | €1,992 | €4,022 | +€2,030 | +102% |
| Stocks | 30/36 | €1,992 | €4,022 | +€2,030 | +102% |
| Amounts receivable within one year | 40/41 | €148,737 | €3,599 | -€145,139 | -97.6% |
| Trade receivables | 40 | €15,676 | €3,355 | -€12,321 | -78.6% |
| Other amounts receivable | 41 | €133,061 | €244 | -€132,817 | -99.8% |
| Cash at bank and in hand | 54/58 | €30,637 | €19,226 | -€11,411 | -37.2% |
| Deferred charges and accrued income | 490/1 | €604 | €421 | -€183 | -30.3% |
| Total equity and liabilities | 10/49 | €536,188 | €378,436 | -€157,752 | -29.4% |
| Equity | 10/15 | €39,248 | €38,421 | -€827 | -2.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,648 | €19,821 | -€827 | -4.0% |
| Amounts payable | 17/49 | €496,940 | €340,015 | -€156,925 | -31.6% |
| Amounts payable after more than one year | 17 | €315,000 | €299,560 | -€15,440 | -4.9% |
| Financial debts | 170/4 | €315,000 | €299,560 | -€15,440 | -4.9% |
| Amounts payable within one year | 42/48 | €180,140 | €38,891 | -€141,249 | -78.4% |
| Current portion of amounts payable after more than one year | 42 | €111,782 | €15,440 | -€96,342 | -86.2% |
| Trade debts | 44 | €52,607 | €3,882 | -€48,725 | -92.6% |
| Suppliers | 440/4 | €52,607 | €3,882 | -€48,725 | -92.6% |
| Taxes, remuneration and social security | 45 | €128 | €3,264 | +€3,137 | +2,453% |
| Taxes | 450/3 | €128 | €2,976 | +€2,849 | +2,228% |
| Remuneration and social security | 454/9 | €0 | €288 | +€288 | |
| Other amounts payable | 47/48 | €15,622 | €16,304 | +€682 | +4.4% |
| Accrued charges and deferred income | 492/3 | €1,800 | €1,564 | -€236 | -13.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,253 | €25,583 | +€15,330 | +150% |
| Other operating charges | 640/8 | €3,333 | €5,688 | +€2,355 | +70.7% |
| Non-recurring operating charges | 66A | - | €6,617 | +€6,617 | |
| Gross operating margin | 9900 | €21,493 | €51,167 | +€29,675 | +138% |
| Operating profit (loss) | 9901 | €7,907 | €13,279 | +€5,372 | +67.9% |
| Financial income | 75/76B | €8 | €1 | -€7 | -93.4% |
| Recurring financial income | 75 | €8 | €1 | -€7 | -93.4% |
| Financial charges | 65/66B | €4,072 | €14,107 | +€10,035 | +246% |
| Recurring financial charges | 65 | €4,072 | €14,107 | +€10,035 | +246% |
| Profit (loss) for the period before taxes | 9903 | €3,843 | -€827 | -€4,670 | |
| Profit (loss) for the period | 9904 | €3,843 | -€827 | -€4,670 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,843 | -€827 | -€4,670 |
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 15 October 2026 via checked.be.