PUERTO MARINA: 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.
PUERTO MARINA
Largest movements
- Receivables within one year +€101,726
up €101,726 (+27.4%), from €371,351 to €473,077
- Cash +€66,740
up €66,740 (+81.8%), from €81,616 to €148,356
mainly Trade debts (+€128,853) and Net result for the year (+€28,146)
- Stocks and contracts -€18,328
down €18,328 (-10.0%), from €182,860 to €164,533
- Tangible fixed assets -€13,761
down €13,761 (-27.3%), from €50,459 to €36,698
of which Leasing and similar rights: -€11,201
- Trade debts +€128,853
up €128,853 (+53.1%), from €242,830 to €371,683
- Profit (loss) carried forward +€28,146
up €28,146 (+15.2%), from €185,552 to €213,698
- Tax, wage and social debts -€12,865
down €12,865 (-18.8%), from €68,554 to €55,689
of which Taxes: -€15,098
- Staff costs +€19,545
up €19,545 (+71.3%), from €27,419 to €46,965
- Taxes +€13,606
up €13,606 (+260%), from €5,241 to €18,847
- Other operating charges -€8,238
down €8,238 (-84.8%), from €9,720 to €1,482
- Gross operating margin -€6,850
down €6,850 (-5.8%), from €118,776 to €111,926
- Depreciation -€4,974
down €4,974 (-26.6%), from €18,735 to €13,761
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 | €686,609 | €823,550 | +€136,941 | +19.9% |
| Fixed assets | 21/28 | €50,459 | €36,698 | -€13,761 | -27.3% |
| Tangible fixed assets | 22/27 | €50,459 | €36,698 | -€13,761 | -27.3% |
| Furniture and vehicles | 24 | €5,654 | €3,094 | -€2,560 | -45.3% |
| Leasing and similar rights | 25 | €44,806 | €33,604 | -€11,201 | -25.0% |
| Current assets | 29/58 | €636,150 | €786,852 | +€150,702 | +23.7% |
| Stocks and contracts in progress | 3 | €182,860 | €164,533 | -€18,328 | -10.0% |
| Stocks | 30/36 | €182,860 | €164,533 | -€18,328 | -10.0% |
| Amounts receivable within one year | 40/41 | €371,351 | €473,077 | +€101,726 | +27.4% |
| Trade receivables | 40 | €371,351 | €473,077 | +€101,726 | +27.4% |
| Cash at bank and in hand | 54/58 | €81,616 | €148,356 | +€66,740 | +81.8% |
| Deferred charges and accrued income | 490/1 | €323 | €887 | +€564 | +175% |
| Total equity and liabilities | 10/49 | €686,609 | €823,550 | +€136,941 | +19.9% |
| Equity | 10/15 | €191,752 | €219,898 | +€28,146 | +14.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €6,200 | -€12,400 | -66.7% |
| Uncalled capital | 101 | €12,400 | - | -€12,400 | |
| Profit (loss) carried forward | 14 | €185,552 | €213,698 | +€28,146 | +15.2% |
| Amounts payable | 17/49 | €494,857 | €603,652 | +€108,794 | +22.0% |
| Amounts payable after more than one year | 17 | €42,828 | €35,634 | -€7,194 | -16.8% |
| Financial debts | 170/4 | €42,828 | €35,634 | -€7,194 | -16.8% |
| Amounts payable within one year | 42/48 | €452,029 | €568,017 | +€115,988 | +25.7% |
| Trade debts | 44 | €242,830 | €371,683 | +€128,853 | +53.1% |
| Suppliers | 440/4 | €242,830 | €371,683 | +€128,853 | +53.1% |
| Advances received on contracts in progress | 46 | €100,000 | €100,000 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €68,554 | €55,689 | -€12,865 | -18.8% |
| Taxes | 450/3 | €56,095 | €40,997 | -€15,098 | -26.9% |
| Remuneration and social security | 454/9 | €12,460 | €14,693 | +€2,233 | +17.9% |
| Other amounts payable | 47/48 | €40,645 | €40,645 | = | 0.0% |
| Non-recurring operating income | 76A | - | €27,422 | +€27,422 | |
| Remuneration, social security and pensions | 62 | €27,419 | €46,965 | +€19,545 | +71.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,735 | €13,761 | -€4,974 | -26.6% |
| Other operating charges | 640/8 | €9,720 | €1,482 | -€8,238 | -84.8% |
| Gross operating margin | 9900 | €118,776 | €111,926 | -€6,850 | -5.8% |
| Operating profit (loss) | 9901 | €62,901 | €49,718 | -€13,183 | -21.0% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €2,510 | €2,725 | +€215 | +8.6% |
| Recurring financial charges | 65 | €2,510 | €2,725 | +€215 | +8.6% |
| Profit (loss) for the period before taxes | 9903 | €60,392 | €46,993 | -€13,399 | -22.2% |
| Income taxes | 67/77 | €5,241 | €18,847 | +€13,606 | +260% |
| Profit (loss) for the period | 9904 | €55,151 | €28,146 | -€27,004 | -49.0% |
| Profit (loss) for the period to be appropriated | 9905 | €55,151 | €28,146 | -€27,004 | -49.0% |
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 30 October 2026 via checked.be.