MARYVO: 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.
MARYVO
Largest movements
- Cash -€23,197
down €23,197 (-27.3%), from €85,063 to €61,866
mainly Contributions, distributions and other (-€30,000) and Trade debts (-€10,393)
- Receivables within one year -€7,574
down €7,574 (-15.7%), from €48,209 to €40,635
of which Other amounts receivable: -€7,855
- Stocks and contracts +€7,092
up €7,092 (+6.0%), from €118,818 to €125,910
- Tangible fixed assets -€3,724
down €3,724 (-8.3%), from €45,072 to €41,347
of which Land and buildings: -€3,273
- Reserves -€20,628
down €20,628 (-8.9%), from €230,874 to €210,246
- Trade debts -€10,393
down €10,393 (-47.0%), from €22,110 to €11,717
- Gross operating margin -€4,697
down €4,697 (-20.8%), from €22,613 to €17,915
- Taxes -€1,924
down €1,924 (-30.9%), from €6,236 to €4,312
- Financial income -€1,465
down €1,465 (-22.1%), from €6,617 to €5,152
- Depreciation -€995
down €995 (-21.1%), from €4,719 to €3,724
- Financial charges -€374
down €374 (-53.0%), from €705 to €331
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €303,540 | €273,517 | -€30,023 | -9.9% |
| Fixed assets | 21/28 | €47,800 | €41,347 | -€6,452 | -13.5% |
| Tangible fixed assets | 22/27 | €45,072 | €41,347 | -€3,724 | -8.3% |
| Land and buildings | 22 | €44,620 | €41,347 | -€3,273 | -7.3% |
| Furniture and vehicles | 24 | €451 | €0 | -€451 | -100% |
| Financial fixed assets | 28 | €2,728 | €0 | -€2,728 | -100% |
| Current assets | 29/58 | €255,741 | €232,170 | -€23,571 | -9.2% |
| Stocks and contracts in progress | 3 | €118,818 | €125,910 | +€7,092 | +6.0% |
| Stocks | 30/36 | €118,818 | €125,910 | +€7,092 | +6.0% |
| Amounts receivable within one year | 40/41 | €48,209 | €40,635 | -€7,574 | -15.7% |
| Trade receivables | 40 | €1,850 | €2,130 | +€280 | +15.2% |
| Other amounts receivable | 41 | €46,359 | €38,504 | -€7,855 | -16.9% |
| Cash at bank and in hand | 54/58 | €85,063 | €61,866 | -€23,197 | -27.3% |
| Deferred charges and accrued income | 490/1 | €3,651 | €3,759 | +€109 | +3.0% |
| Total equity and liabilities | 10/49 | €303,540 | €273,517 | -€30,023 | -9.9% |
| Equity | 10/15 | €249,874 | €229,246 | -€20,628 | -8.3% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €230,874 | €210,246 | -€20,628 | -8.9% |
| Distributable reserves | 133 | €230,874 | €210,246 | -€20,628 | -8.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €53,666 | €44,271 | -€9,395 | -17.5% |
| Amounts payable within one year | 42/48 | €53,565 | €44,271 | -€9,294 | -17.4% |
| Trade debts | 44 | €22,110 | €11,717 | -€10,393 | -47.0% |
| Suppliers | 440/4 | €22,110 | €11,717 | -€10,393 | -47.0% |
| Taxes, remuneration and social security | 45 | €10,455 | €11,554 | +€1,099 | +10.5% |
| Taxes | 450/3 | €9,255 | €9,504 | +€249 | +2.7% |
| Remuneration and social security | 454/9 | €1,200 | €2,050 | +€850 | +70.8% |
| Other amounts payable | 47/48 | €21,000 | €21,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €101 | €0 | -€101 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,719 | €3,724 | -€995 | -21.1% |
| Other operating charges | 640/8 | €2,731 | €2,599 | -€131 | -4.8% |
| Non-recurring operating charges | 66A | - | €2,728 | +€2,728 | |
| Gross operating margin | 9900 | €22,613 | €17,915 | -€4,697 | -20.8% |
| Operating profit (loss) | 9901 | €15,163 | €8,864 | -€6,299 | -41.5% |
| Financial income | 75/76B | €6,617 | €5,152 | -€1,465 | -22.1% |
| Recurring financial income | 75 | €6,617 | €5,152 | -€1,465 | -22.1% |
| Financial charges | 65/66B | €705 | €331 | -€374 | -53.0% |
| Recurring financial charges | 65 | €705 | €331 | -€374 | -53.0% |
| Profit (loss) for the period before taxes | 9903 | €21,075 | €13,684 | -€7,391 | -35.1% |
| Income taxes | 67/77 | €6,236 | €4,312 | -€1,924 | -30.9% |
| Profit (loss) for the period | 9904 | €14,839 | €9,372 | -€5,467 | -36.8% |
| Profit (loss) for the period to be appropriated | 9905 | €14,839 | €9,372 | -€5,467 | -36.8% |
Source: filed annual accounts (NBB), financial years ended 31 January 2025 and 31 January 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.