MARYV: what changed
Two fiscal 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.
MARYV
Largest movements
- Cash +€108,627
up €108,627 (+84.4%), from €128,679 to €237,306
mainly Net result for the year (+€149,974) and Depreciation (+€45,287)
- Current investments -€39,200
down €39,200 (-46.6%), from €84,200 to €45,000
- Tangible fixed assets -€16,617
down €16,617 (-2.2%), from €741,371 to €724,754
of which Land and buildings: -€17,981
- Reserves +€84,974
up €84,974 (+22.2%), from €382,155 to €467,129
- Debts after one year -€38,263
down €38,263 (-9.0%), from €426,161 to €387,898
- Gross operating margin +€61,005
up €61,005 (+17.1%), from €356,123 to €417,129
- Staff costs +€40,250
up €40,250 (+31.2%), from €129,125 to €169,374
- Financial income +€14,927
up €14,927 (+1432.1%), from €1,042 to €15,969
of which Non-recurring financial income: +€13,505
- Taxes +€10,831
up €10,831 (+30.8%), from €35,155 to €45,985
- Depreciation +€4,758
up €4,758 (+11.7%), from €40,529 to €45,287
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 | €989,384 | €1,052,778 | +€63,394 | +6.4% |
| Fixed assets | 21/28 | €741,371 | €724,754 | -€16,617 | -2.2% |
| Tangible fixed assets | 22/27 | €741,371 | €724,754 | -€16,617 | -2.2% |
| Land and buildings | 22 | €647,615 | €629,634 | -€17,981 | -2.8% |
| Plant, machinery and equipment | 23 | €46,990 | €60,990 | +€14,000 | +29.8% |
| Furniture and vehicles | 24 | €45,733 | €34,129 | -€11,604 | -25.4% |
| Other tangible fixed assets | 26 | €1,032 | €0 | -€1,032 | -100.0% |
| Current assets | 29/58 | €248,013 | €328,025 | +€80,012 | +32.3% |
| Stocks and contracts in progress | 3 | €19,304 | €18,723 | -€581 | -3.0% |
| Stocks | 30/36 | €19,304 | €18,723 | -€581 | -3.0% |
| Amounts receivable within one year | 40/41 | €15,278 | €19,070 | +€3,792 | +24.8% |
| Trade receivables | 40 | €403 | - | -€403 | |
| Other amounts receivable | 41 | €14,875 | €19,070 | +€4,195 | +28.2% |
| Current investments | 50/53 | €84,200 | €45,000 | -€39,200 | -46.6% |
| Cash at bank and in hand | 54/58 | €128,679 | €237,306 | +€108,627 | +84.4% |
| Deferred charges and accrued income | 490/1 | €552 | €7,925 | +€7,373 | +1336.4% |
| Total equity and liabilities | 10/49 | €989,384 | €1,052,778 | +€63,394 | +6.4% |
| Equity | 10/15 | €392,155 | €477,129 | +€84,974 | +21.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €382,155 | €467,129 | +€84,974 | +22.2% |
| Distributable reserves | 133 | €382,155 | €467,129 | +€84,974 | +22.2% |
| Amounts payable | 17/49 | €597,229 | €575,649 | -€21,580 | -3.6% |
| Amounts payable after more than one year | 17 | €426,161 | €387,898 | -€38,263 | -9.0% |
| Financial debts | 170/4 | €426,161 | €387,898 | -€38,263 | -9.0% |
| Amounts payable within one year | 42/48 | €169,197 | €187,291 | +€18,094 | +10.7% |
| Current portion of amounts payable after more than one year | 42 | €58,175 | €59,436 | +€1,261 | +2.2% |
| Trade debts | 44 | €9,754 | €14,586 | +€4,832 | +49.5% |
| Suppliers | 440/4 | €9,754 | €14,586 | +€4,832 | +49.5% |
| Taxes, remuneration and social security | 45 | €5,080 | €14,299 | +€9,218 | +181.5% |
| Taxes | 450/3 | €2,982 | €9,505 | +€6,524 | +218.8% |
| Remuneration and social security | 454/9 | €2,099 | €4,793 | +€2,695 | +128.4% |
| Other amounts payable | 47/48 | €96,188 | €98,971 | +€2,783 | +2.9% |
| Accrued charges and deferred income | 492/3 | €1,871 | €460 | -€1,411 | -75.4% |
| Non-recurring operating income | 76A | €4,354 | - | -€4,354 | |
| Remuneration, social security and pensions | 62 | €129,125 | €169,374 | +€40,250 | +31.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,529 | €45,287 | +€4,758 | +11.7% |
| Other operating charges | 640/8 | €3,137 | €4,261 | +€1,124 | +35.8% |
| Gross operating margin | 9900 | €356,123 | €417,129 | +€61,005 | +17.1% |
| Operating profit (loss) | 9901 | €183,333 | €198,207 | +€14,874 | +8.1% |
| Financial income | 75/76B | €1,042 | €15,969 | +€14,927 | +1432.1% |
| Recurring financial income | 75 | €1,042 | €2,464 | +€1,422 | +136.5% |
| Non-recurring financial income | 76B | - | €13,505 | +€13,505 | |
| Financial charges | 65/66B | €19,487 | €18,216 | -€1,271 | -6.5% |
| Recurring financial charges | 65 | €19,487 | €18,216 | -€1,271 | -6.5% |
| Profit (loss) for the period before taxes | 9903 | €164,888 | €195,960 | +€31,072 | +18.8% |
| Income taxes | 67/77 | €35,155 | €45,985 | +€10,831 | +30.8% |
| Profit (loss) for the period | 9904 | €129,733 | €149,974 | +€20,241 | +15.6% |
| Profit (loss) for the period to be appropriated | 9905 | €129,733 | €149,974 | +€20,241 | +15.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.