MARZOO: 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.
MARZOO
Largest movements
- Receivables within one year -€7,540
down €7,540 (-96.1%), from €7,848 to €308
of which Trade receivables: -€7,848
- Cash +€4,988
up €4,988 (+1029.8%), from €484 to €5,473
mainly Other debts (+€18,953) and Trade debts (+€7,715)
- Tangible fixed assets -€3,407
down €3,407 (-43.6%), from €7,813 to €4,406
- Other debts +€18,953
up €18,953 (+239.2%), from €7,923 to €26,875
- Profit (loss) carried forward -€18,826
down €18,826 (-74.0%), from -€25,434 to -€44,260
- Contributions -€18,600
no longer reported in 2024 (was €18,600)
- Trade debts +€7,715
up €7,715 (+91.8%), from €8,405 to €16,121
- Tax, wage and social debts +€4,802
up €4,802 (+76.6%), from €6,266 to €11,068
of which Taxes: +€2,962
- Gross operating margin -€20,764
down €20,764 (-65.7%), from €31,592 to €10,828
- Other operating charges -€1,216
down €1,216 (-47.4%), from €2,568 to €1,352
- Staff costs -€752
down €752 (-3.1%), from €24,417 to €23,664
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €16,145 | €10,186 | -€5,959 | -36.9% |
| Fixed assets | 21/28 | €7,813 | €4,406 | -€3,407 | -43.6% |
| Tangible fixed assets | 22/27 | €7,813 | €4,406 | -€3,407 | -43.6% |
| Furniture and vehicles | 24 | €7,813 | €4,406 | -€3,407 | -43.6% |
| Current assets | 29/58 | €8,332 | €5,780 | -€2,552 | -30.6% |
| Amounts receivable within one year | 40/41 | €7,848 | €308 | -€7,540 | -96.1% |
| Trade receivables | 40 | €7,848 | - | -€7,848 | |
| Other amounts receivable | 41 | - | €308 | +€308 | |
| Cash at bank and in hand | 54/58 | €484 | €5,473 | +€4,988 | +1029.8% |
| Total equity and liabilities | 10/49 | €16,145 | €10,186 | -€5,959 | -36.9% |
| Equity | 10/15 | -€6,834 | -€44,260 | -€37,426 | -547.7% |
| Contributions | 10/11 | €18,600 | - | -€18,600 | |
| Profit (loss) carried forward | 14 | -€25,434 | -€44,260 | -€18,826 | -74.0% |
| Amounts payable | 17/49 | €22,978 | €54,446 | +€31,467 | +136.9% |
| Amounts payable within one year | 42/48 | €22,594 | €54,126 | +€31,532 | +139.6% |
| Financial debts | 43 | - | €62 | +€62 | |
| Credit institutions | 430/8 | - | €62 | +€62 | |
| Trade debts | 44 | €8,405 | €16,121 | +€7,715 | +91.8% |
| Suppliers | 440/4 | €8,405 | €16,121 | +€7,715 | +91.8% |
| Taxes, remuneration and social security | 45 | €6,266 | €11,068 | +€4,802 | +76.6% |
| Taxes | 450/3 | €2,761 | €5,723 | +€2,962 | +107.3% |
| Remuneration and social security | 454/9 | €3,505 | €5,346 | +€1,840 | +52.5% |
| Other amounts payable | 47/48 | €7,923 | €26,875 | +€18,953 | +239.2% |
| Accrued charges and deferred income | 492/3 | €384 | €319 | -€65 | -16.9% |
| Remuneration, social security and pensions | 62 | €24,417 | €23,664 | -€752 | -3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,984 | €4,274 | +€289 | +7.3% |
| Other operating charges | 640/8 | €2,568 | €1,352 | -€1,216 | -47.4% |
| Non-recurring operating charges | 66A | €1,299 | - | -€1,299 | |
| Gross operating margin | 9900 | €31,592 | €10,828 | -€20,764 | -65.7% |
| Operating profit (loss) | 9901 | -€677 | -€18,462 | -€17,785 | -2627.6% |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €128 | €308 | +€180 | +140.6% |
| Recurring financial charges | 65 | €128 | €308 | +€180 | +140.6% |
| Profit (loss) for the period before taxes | 9903 | -€805 | -€18,767 | -€17,962 | -2232.0% |
| Income taxes | 67/77 | €81 | €59 | -€22 | -27.2% |
| Profit (loss) for the period | 9904 | -€886 | -€18,826 | -€17,940 | -2024.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€886 | -€18,826 | -€17,940 | -2024.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.