Publi Marvi: 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.
Publi Marvi
Largest movements
- Cash +€34,805
up €34,805 (+170%), from €20,479 to €55,284
mainly Net result for the year (+€20,404) and Receivables within one year (+€8,049)
- Receivables within one year -€8,049
down €8,049 (-41.3%), from €19,511 to €11,463
of which Other amounts receivable: -€4,731
- Tangible fixed assets -€3,155
down €3,155 (-19.0%), from €16,629 to €13,474
of which Plant, machinery and equipment: -€2,750
- Stocks and contracts -€2,969
down €2,969 (-20.4%), from €14,541 to €11,572
- Deferred charges and accrued income +€1,163
up €1,163 (+160%), from €729 to €1,892
- Profit (loss) carried forward +€12,749
no longer reported in 2025 (was -€12,749)
- Reserves +€7,654
up €7,654 (+12.5%), from €61,043 to €68,698
- Debts after one year -€2,325
down €2,325 (-29.9%), from €7,775 to €5,449
- Tax, wage and social debts +€2,260
up €2,260 (+798%), from €283 to €2,543
of which Taxes: +€2,543
- Other debts +€1,991
up €1,991 (+24.1%), from €8,275 to €10,266
- Gross operating margin +€33,755
up €33,755, from -€2,922 to €30,833
- Depreciation -€3,479
down €3,479 (-44.1%), from €7,885 to €4,406
- Taxes +€3,380
up €3,380 (+2,372%), from €143 to €3,523
- Write-downs +€1,138
new in 2025: €1,138
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 | €71,939 | €93,722 | +€21,782 | +30.3% |
| Fixed assets | 21/28 | €16,679 | €13,512 | -€3,167 | -19.0% |
| Intangible fixed assets | 21 | €50 | €38 | -€13 | -25.0% |
| Tangible fixed assets | 22/27 | €16,629 | €13,474 | -€3,155 | -19.0% |
| Land and buildings | 22 | €3,529 | €3,124 | -€405 | -11.5% |
| Plant, machinery and equipment | 23 | €13,100 | €10,350 | -€2,750 | -21.0% |
| Current assets | 29/58 | €55,260 | €80,210 | +€24,950 | +45.1% |
| Stocks and contracts in progress | 3 | €14,541 | €11,572 | -€2,969 | -20.4% |
| Stocks | 30/36 | €14,541 | €11,572 | -€2,969 | -20.4% |
| Amounts receivable within one year | 40/41 | €19,511 | €11,463 | -€8,049 | -41.3% |
| Trade receivables | 40 | €13,802 | €10,485 | -€3,317 | -24.0% |
| Other amounts receivable | 41 | €5,709 | €977 | -€4,731 | -82.9% |
| Cash at bank and in hand | 54/58 | €20,479 | €55,284 | +€34,805 | +170% |
| Deferred charges and accrued income | 490/1 | €729 | €1,892 | +€1,163 | +160% |
| Total equity and liabilities | 10/49 | €71,939 | €93,722 | +€21,782 | +30.3% |
| Equity | 10/15 | €50,294 | €70,698 | +€20,404 | +40.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €61,043 | €68,698 | +€7,654 | +12.5% |
| Distributable reserves | 133 | €61,043 | €68,698 | +€7,654 | +12.5% |
| Profit (loss) carried forward | 14 | -€12,749 | - | +€12,749 | |
| Amounts payable | 17/49 | €21,645 | €23,024 | +€1,379 | +6.4% |
| Amounts payable after more than one year | 17 | €7,775 | €5,449 | -€2,325 | -29.9% |
| Financial debts | 170/4 | €7,775 | €5,449 | -€2,325 | -29.9% |
| Amounts payable within one year | 42/48 | €13,871 | €17,575 | +€3,704 | +26.7% |
| Current portion of amounts payable after more than one year | 42 | €2,213 | €2,325 | +€112 | +5.1% |
| Trade debts | 44 | €3,100 | €2,441 | -€659 | -21.3% |
| Suppliers | 440/4 | €3,100 | €2,441 | -€659 | -21.3% |
| Taxes, remuneration and social security | 45 | €283 | €2,543 | +€2,260 | +798% |
| Taxes | 450/3 | - | €2,543 | +€2,543 | |
| Remuneration and social security | 454/9 | €283 | - | -€283 | |
| Other amounts payable | 47/48 | €8,275 | €10,266 | +€1,991 | +24.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,885 | €4,406 | -€3,479 | -44.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,138 | +€1,138 | |
| Other operating charges | 640/8 | €769 | €659 | -€110 | -14.3% |
| Gross operating margin | 9900 | -€2,922 | €30,833 | +€33,755 | |
| Operating profit (loss) | 9901 | -€11,577 | €24,630 | +€36,206 | |
| Financial income | 75/76B | €0 | €56 | +€56 | +93,583% |
| Recurring financial income | 75 | €0 | €56 | +€56 | +93,583% |
| Financial charges | 65/66B | €1,030 | €759 | -€271 | -26.3% |
| Recurring financial charges | 65 | €1,030 | €759 | -€271 | -26.3% |
| Profit (loss) for the period before taxes | 9903 | -€12,607 | €23,926 | +€36,533 | |
| Income taxes | 67/77 | €143 | €3,523 | +€3,380 | +2,372% |
| Profit (loss) for the period | 9904 | -€12,749 | €20,404 | +€33,153 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,749 | €20,404 | +€33,153 |
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 25 October 2026 via checked.be.