PROFINANCE-MARECHAL: 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.
PROFINANCE-MARECHAL
Largest movements
- Receivables within one year +€47,428
up €47,428 (+23.1%), from €204,981 to €252,410
- Tangible fixed assets +€17,238
up €17,238 (+57.6%), from €29,925 to €47,163
of which Furniture and vehicles: +€18,809
- Reserves +€40,000
up €40,000 (+2000.0%), from €2,000 to €42,000
of which Distributable reserves: +€40,000
- Debts after one year +€10,878
up €10,878 (+19.8%), from €54,990 to €65,868
- Tax, wage and social debts +€9,596
up €9,596 (+17.1%), from €56,173 to €65,769
of which Taxes: +€9,466
- Current portion of long-term debt +€7,441
up €7,441 (+218.7%), from €3,402 to €10,843
- Depreciation +€9,731
up €9,731 (+193.4%), from €5,031 to €14,762
- Other operating charges +€5,504
up €5,504 (+159.0%), from €3,461 to €8,964
- Financial income +€5,018
up €5,018 (+70.2%), from €7,149 to €12,167
- Financial charges -€2,652
down €2,652 (-59.5%), from €4,455 to €1,804
- Gross operating margin +€1,834
up €1,834 (+1.5%), from €124,504 to €126,338
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 | €369,642 | €438,147 | +€68,505 | +18.5% |
| Fixed assets | 21/28 | €149,990 | €167,228 | +€17,238 | +11.5% |
| Tangible fixed assets | 22/27 | €29,925 | €47,163 | +€17,238 | +57.6% |
| Land and buildings | 22 | €13,047 | €11,476 | -€1,571 | -12.0% |
| Furniture and vehicles | 24 | €16,878 | €35,687 | +€18,809 | +111.4% |
| Financial fixed assets | 28 | €120,065 | €120,065 | = | 0.0% |
| Current assets | 29/58 | €219,652 | €270,919 | +€51,267 | +23.3% |
| Amounts receivable within one year | 40/41 | €204,981 | €252,410 | +€47,428 | +23.1% |
| Other amounts receivable | 41 | €204,981 | €252,410 | +€47,428 | +23.1% |
| Cash at bank and in hand | 54/58 | €16 | €1,894 | +€1,878 | +11699.2% |
| Deferred charges and accrued income | 490/1 | €14,655 | €16,616 | +€1,961 | +13.4% |
| Total equity and liabilities | 10/49 | €369,642 | €438,147 | +€68,505 | +18.5% |
| Equity | 10/15 | €218,964 | €261,171 | +€42,207 | +19.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €2,000 | €42,000 | +€40,000 | +2000.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | - | €40,000 | +€40,000 | |
| Profit (loss) carried forward | 14 | €210,764 | €212,971 | +€2,207 | +1.0% |
| Amounts payable | 17/49 | €150,678 | €176,976 | +€26,298 | +17.5% |
| Amounts payable after more than one year | 17 | €54,990 | €65,868 | +€10,878 | +19.8% |
| Financial debts | 170/4 | €54,990 | €65,868 | +€10,878 | +19.8% |
| Amounts payable within one year | 42/48 | €95,688 | €111,109 | +€15,420 | +16.1% |
| Current portion of amounts payable after more than one year | 42 | €3,402 | €10,843 | +€7,441 | +218.7% |
| Financial debts | 43 | €817 | - | -€817 | |
| Credit institutions | 430/8 | €817 | - | -€817 | |
| Trade debts | 44 | €17,460 | €20,286 | +€2,826 | +16.2% |
| Suppliers | 440/4 | €17,460 | €20,286 | +€2,826 | +16.2% |
| Taxes, remuneration and social security | 45 | €56,173 | €65,769 | +€9,596 | +17.1% |
| Taxes | 450/3 | €52,125 | €61,591 | +€9,466 | +18.2% |
| Remuneration and social security | 454/9 | €4,049 | €4,178 | +€130 | +3.2% |
| Other amounts payable | 47/48 | €17,837 | €14,210 | -€3,627 | -20.3% |
| Remuneration, social security and pensions | 62 | €46,657 | €48,014 | +€1,357 | +2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,031 | €14,762 | +€9,731 | +193.4% |
| Other operating charges | 640/8 | €3,461 | €8,964 | +€5,504 | +159.0% |
| Non-recurring operating charges | 66A | €3,159 | - | -€3,159 | |
| Gross operating margin | 9900 | €124,504 | €126,338 | +€1,834 | +1.5% |
| Operating profit (loss) | 9901 | €66,196 | €54,597 | -€11,599 | -17.5% |
| Financial income | 75/76B | €7,149 | €12,167 | +€5,018 | +70.2% |
| Recurring financial income | 75 | €7,149 | €12,167 | +€5,018 | +70.2% |
| Financial charges | 65/66B | €4,455 | €1,804 | -€2,652 | -59.5% |
| Recurring financial charges | 65 | €4,455 | €1,804 | -€2,652 | -59.5% |
| Profit (loss) for the period before taxes | 9903 | €68,890 | €64,961 | -€3,929 | -5.7% |
| Income taxes | 67/77 | €21,268 | €22,754 | +€1,486 | +7.0% |
| Profit (loss) for the period | 9904 | €47,622 | €42,207 | -€5,415 | -11.4% |
| Profit (loss) for the period to be appropriated | 9905 | €47,622 | €42,207 | -€5,415 | -11.4% |
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 3 October 2026 via checked.be.