MIROITERIE MARETTI: 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.
MIROITERIE MARETTI
Largest movements
- Tangible fixed assets +€20,194
up €20,194 (+64.0%), from €31,550 to €51,744
of which Furniture and vehicles: +€21,522
- Receivables within one year +€11,923
up €11,923 (+13.5%), from €88,499 to €100,422
of which Trade receivables: +€42,660
- Deferred charges and accrued income -€4,665
down €4,665 (-27.6%), from €16,902 to €12,238
- Profit (loss) carried forward -€76,934
down €76,934 (-100%), from €76,934 to €0
- Other debts +€76,934
new in 2025: €76,934
- Trade debts +€31,926
up €31,926 (+101%), from €31,725 to €63,650
- Reserves +€22,187
up €22,187 (+15.1%), from €147,414 to €169,600
- Accrued charges and deferred income -€19,398
down €19,398 (-95.6%), from €20,284 to €886
- Financial income -€16,801
down €16,801 (-76.4%), from €21,994 to €5,193
- Depreciation -€15,846
down €15,846 (-49.6%), from €31,960 to €16,113
- Gross operating margin -€4,889
down €4,889 (-1.6%), from €313,395 to €308,506
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 | €334,918 | €362,303 | +€27,385 | +8.2% |
| Fixed assets | 21/28 | €31,550 | €51,744 | +€20,194 | +64.0% |
| Tangible fixed assets | 22/27 | €31,550 | €51,744 | +€20,194 | +64.0% |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €5,962 | €4,634 | -€1,328 | -22.3% |
| Furniture and vehicles | 24 | €25,588 | €47,110 | +€21,522 | +84.1% |
| Current assets | 29/58 | €303,368 | €310,559 | +€7,191 | +2.4% |
| Stocks and contracts in progress | 3 | €37,284 | €39,289 | +€2,004 | +5.4% |
| Stocks | 30/36 | €37,284 | €39,289 | +€2,004 | +5.4% |
| Amounts receivable within one year | 40/41 | €88,499 | €100,422 | +€11,923 | +13.5% |
| Trade receivables | 40 | €39,912 | €82,573 | +€42,660 | +107% |
| Other amounts receivable | 41 | €48,587 | €17,849 | -€30,737 | -63.3% |
| Cash at bank and in hand | 54/58 | €160,683 | €158,611 | -€2,072 | -1.3% |
| Deferred charges and accrued income | 490/1 | €16,902 | €12,238 | -€4,665 | -27.6% |
| Total equity and liabilities | 10/49 | €334,918 | €362,303 | +€27,385 | +8.2% |
| Equity | 10/15 | €237,241 | €182,494 | -€54,747 | -23.1% |
| Contributions | 10/11 | €12,893 | €12,893 | = | 0.0% |
| Reserves | 13 | €147,414 | €169,600 | +€22,187 | +15.1% |
| Distributable reserves | 133 | €147,414 | €169,600 | +€22,187 | +15.1% |
| Profit (loss) carried forward | 14 | €76,934 | €0 | -€76,934 | -100% |
| Amounts payable | 17/49 | €97,677 | €179,810 | +€82,132 | +84.1% |
| Amounts payable after more than one year | 17 | €15,621 | €15,834 | +€213 | +1.4% |
| Financial debts | 170/4 | €15,621 | €15,834 | +€213 | +1.4% |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €61,772 | €163,090 | +€101,317 | +164% |
| Current portion of amounts payable after more than one year | 42 | €14,408 | €15,665 | +€1,257 | +8.7% |
| Trade debts | 44 | €31,725 | €63,650 | +€31,926 | +101% |
| Suppliers | 440/4 | €31,725 | €63,650 | +€31,926 | +101% |
| Taxes, remuneration and social security | 45 | €15,640 | €6,841 | -€8,799 | -56.3% |
| Taxes | 450/3 | €3,965 | €336 | -€3,629 | -91.5% |
| Remuneration and social security | 454/9 | €11,674 | €6,505 | -€5,169 | -44.3% |
| Other amounts payable | 47/48 | - | €76,934 | +€76,934 | |
| Accrued charges and deferred income | 492/3 | €20,284 | €886 | -€19,398 | -95.6% |
| Non-recurring operating income | 76A | €3,927 | €1,850 | -€2,077 | -52.9% |
| Remuneration, social security and pensions | 62 | €247,850 | €248,701 | +€850 | +0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,960 | €16,113 | -€15,846 | -49.6% |
| Other operating charges | 640/8 | €11,120 | €10,206 | -€914 | -8.2% |
| Non-recurring operating charges | 66A | - | €4,070 | +€4,070 | |
| Gross operating margin | 9900 | €313,395 | €308,506 | -€4,889 | -1.6% |
| Operating profit (loss) | 9901 | €22,465 | €29,415 | +€6,950 | +30.9% |
| Financial income | 75/76B | €21,994 | €5,193 | -€16,801 | -76.4% |
| Recurring financial income | 75 | €21,994 | €5,193 | -€16,801 | -76.4% |
| Financial charges | 65/66B | €1,536 | €1,044 | -€492 | -32.0% |
| Recurring financial charges | 65 | €1,536 | €1,044 | -€492 | -32.0% |
| Profit (loss) for the period before taxes | 9903 | €42,923 | €33,564 | -€9,359 | -21.8% |
| Income taxes | 67/77 | €11,536 | €11,377 | -€159 | -1.4% |
| Profit (loss) for the period | 9904 | €31,387 | €22,187 | -€9,200 | -29.3% |
| Profit (loss) for the period to be appropriated | 9905 | €31,387 | €22,187 | -€9,200 | -29.3% |
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 23 October 2026 via checked.be.