REDERIJ MARBI: what changed
What changed
REDERIJ MARBI
NACE 03.110, Fishing and aquaculture
filed annual accounts (NBB)
Net result for the year
€110,639
2024 · €288,401-€177,762
Equity
€2.0m
2024 · €2.0m-€35,261
Cash
€296,250
2024 · €353,720-€57,470
Balance sheet total
€3.2m
2024 · €3.3m-€122,403
Largest movements
Assets
- Receivables within one year -€79,070
down €79,070 (-42.1%), from €187,967 to €108,896
of which Other amounts receivable: -€90,817
- Cash -€57,470
down €57,470 (-16.2%), from €353,720 to €296,250
mainly Investment in fixed assets (net) (-€338,780) and Contributions, distributions and other (-€145,901)
- Tangible fixed assets +€41,404
up €41,404 (+1.9%), from €2.2m to €2.2m
of which Land and buildings: +€260,762
Equity and liabilities
- Tax, wage and social debts -€81,566
down €81,566 (-55.4%), from €147,329 to €65,763
of which Taxes: -€75,662
- Other debts -€73,538
down €73,538 (-40.4%), from €182,228 to €108,691
- Trade debts +€72,866
up €72,866 (+180%), from €40,438 to €113,304
- Investment grants -€40,637
down €40,637 (-27.3%), from €149,035 to €108,398
Income statement
- Gross operating margin -€192,127
down €192,127 (-13.6%), from €1.4m to €1.2m
- Taxes -€73,542
down €73,542 (-65.2%), from €112,778 to €39,235
- Staff costs +€32,340
up €32,340 (+4.3%), from €755,151 to €787,491
- Depreciation +€25,640
up €25,640 (+9.4%), from €271,736 to €297,376
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€288,401
Gross operating margin
-€192,127
Staff costs
-€32,340
Depreciation
-€25,640
Other operating charges
-€1,845
Other operating items
+€4,891
Financial income
-€1,243
Financial charges
-€2,663
Taxes
+€73,542
Deferred taxes and other
-€338
Result 2025
€110,639
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€425,863
Investment
-€338,780
Financing
-€144,553
Cash 2024
€353,720
From operations (derived)
+€425,863
Net result for the year
+€110,639
Depreciation
+€297,376
Receivables within one year
+€79,070
Deferred charges and accrued income
+€27,267
Provisions
-€6,106
Trade debts
+€72,866
Tax, wage and social debts
-€81,566
Other debts
-€73,538
Accrued charges and deferred income
-€145
Investment (derived)
-€338,780
Investment in fixed assets (net)
-€338,780
Financing
-€144,553
Debts after one year
+€9,665
Current portion of long-term debt
-€8,317
Contributions, distributions and other
-€145,901
Cash 2025
€296,250
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,296,300 | €3,173,897 | -€122,403 | -3.7% |
| Fixed assets | 21/28 | €2,186,737 | €2,228,141 | +€41,404 | +1.9% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €2,181,012 | €2,222,416 | +€41,404 | +1.9% |
| Land and buildings | 22 | €791,432 | €1,052,194 | +€260,762 | +32.9% |
| Plant, machinery and equipment | 23 | €1,021,954 | €806,733 | -€215,221 | -21.1% |
| Furniture and vehicles | 24 | €367,626 | €363,490 | -€4,137 | -1.1% |
| Financial fixed assets | 28 | €5,725 | €5,725 | = | 0.0% |
| Current assets | 29/58 | €1,109,563 | €945,756 | -€163,807 | -14.8% |
| Amounts receivable within one year | 40/41 | €187,967 | €108,896 | -€79,070 | -42.1% |
| Trade receivables | 40 | - | €11,747 | +€11,747 | |
| Other amounts receivable | 41 | €187,967 | €97,150 | -€90,817 | -48.3% |
| Current investments | 50/53 | €443,250 | €443,250 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €353,720 | €296,250 | -€57,470 | -16.2% |
| Deferred charges and accrued income | 490/1 | €124,627 | €97,360 | -€27,267 | -21.9% |
| Total equity and liabilities | 10/49 | €3,296,300 | €3,173,897 | -€122,403 | -3.7% |
| Equity | 10/15 | €2,013,995 | €1,978,734 | -€35,261 | -1.8% |
| Contributions | 10/11 | €31,013 | €31,013 | = | 0.0% |
| Revaluation surpluses | 12 | €350,000 | €350,000 | = | 0.0% |
| Reserves | 13 | €1,490,034 | €1,495,410 | +€5,376 | +0.4% |
| Distributable reserves | 133 | €1,490,034 | €1,495,410 | +€5,376 | +0.4% |
| Profit (loss) carried forward | 14 | -€6,087 | -€6,087 | = | 0.0% |
| Investment grants | 15 | €149,035 | €108,398 | -€40,637 | -27.3% |
| Provisions and deferred taxes | 16 | €24,299 | €18,192 | -€6,106 | -25.1% |
| Deferred taxes | 168 | €24,299 | €18,192 | -€6,106 | -25.1% |
| Amounts payable | 17/49 | €1,258,007 | €1,176,971 | -€81,035 | -6.4% |
| Amounts payable after more than one year | 17 | €680,630 | €690,295 | +€9,665 | +1.4% |
| Financial debts | 170/4 | €680,630 | €690,295 | +€9,665 | +1.4% |
| Amounts payable within one year | 42/48 | €574,758 | €484,204 | -€90,555 | -15.8% |
| Current portion of amounts payable after more than one year | 42 | €204,764 | €196,446 | -€8,317 | -4.1% |
| Trade debts | 44 | €40,438 | €113,304 | +€72,866 | +180% |
| Suppliers | 440/4 | €40,438 | €113,304 | +€72,866 | +180% |
| Taxes, remuneration and social security | 45 | €147,329 | €65,763 | -€81,566 | -55.4% |
| Taxes | 450/3 | €117,099 | €41,438 | -€75,662 | -64.6% |
| Remuneration and social security | 454/9 | €30,229 | €24,325 | -€5,904 | -19.5% |
| Other amounts payable | 47/48 | €182,228 | €108,691 | -€73,538 | -40.4% |
| Accrued charges and deferred income | 492/3 | €2,618 | €2,473 | -€145 | -5.6% |
| Non-recurring operating income | 76A | €14,203 | - | -€14,203 | |
| Remuneration, social security and pensions | 62 | €755,151 | €787,491 | +€32,340 | +4.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €271,736 | €297,376 | +€25,640 | +9.4% |
| Other operating charges | 640/8 | €7,324 | €9,168 | +€1,845 | +25.2% |
| Non-recurring operating charges | 66A | €4,891 | - | -€4,891 | |
| Gross operating margin | 9900 | €1,408,041 | €1,215,914 | -€192,127 | -13.6% |
| Operating profit (loss) | 9901 | €368,939 | €121,879 | -€247,060 | -67.0% |
| Financial income | 75/76B | €49,703 | €48,460 | -€1,243 | -2.5% |
| Recurring financial income | 75 | €49,703 | €48,460 | -€1,243 | -2.5% |
| Financial charges | 65/66B | €23,907 | €26,570 | +€2,663 | +11.1% |
| Recurring financial charges | 65 | €23,907 | €26,570 | +€2,663 | +11.1% |
| Profit (loss) for the period before taxes | 9903 | €394,734 | €143,768 | -€250,966 | -63.6% |
| Transfer from deferred taxes | 780 | €6,444 | €6,106 | -€338 | -5.2% |
| Income taxes | 67/77 | €112,778 | €39,235 | -€73,542 | -65.2% |
| Profit (loss) for the period | 9904 | €288,401 | €110,639 | -€177,762 | -61.6% |
| Profit (loss) for the period to be appropriated | 9905 | €288,401 | €110,639 | -€177,762 | -61.6% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.