RESIDENCE 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.
RESIDENCE MARECHAL
Largest movements
- Stocks and contracts +€394,786
up €394,786 (+42.9%), from €919,703 to €1.3m
- Receivables within one year +€309,710
up €309,710 (+59.5%), from €520,119 to €829,829
of which Other amounts receivable: +€230,499
- Cash +€60,814
up €60,814 (+418.3%), from €14,540 to €75,354
mainly Short-term financial debts (+€785,708) and Trade debts (+€46,418)
- Short-term financial debts +€785,708
up €785,708 (+124.1%), from €633,330 to €1.4m
- Profit (loss) carried forward -€69,243
down €69,243 (-436.2%), from -€15,876 to -€85,119
- Trade debts +€46,418
up €46,418 (+68.5%), from €67,724 to €114,142
- Provisions +€63,134
no longer reported in 2025 (was -€63,134)
- Gross operating margin +€62,929
up €62,929 (+79.0%), from -€79,628 to -€16,698
- Other operating charges -€16,437
down €16,437 (-82.9%), from €19,832 to €3,396
- Financial charges +€10,836
up €10,836 (+26.9%), from €40,240 to €51,076
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.
Cash bridge derived
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 | €1,454,362 | €2,219,673 | +€765,310 | +52.6% |
| Current assets | 29/58 | €1,454,362 | €2,219,673 | +€765,310 | +52.6% |
| Stocks and contracts in progress | 3 | €919,703 | €1,314,490 | +€394,786 | +42.9% |
| Stocks | 30/36 | €919,703 | €1,314,490 | +€394,786 | +42.9% |
| Amounts receivable within one year | 40/41 | €520,119 | €829,829 | +€309,710 | +59.5% |
| Trade receivables | 40 | €6,326 | €85,537 | +€79,211 | +1252.1% |
| Other amounts receivable | 41 | €513,793 | €744,292 | +€230,499 | +44.9% |
| Cash at bank and in hand | 54/58 | €14,540 | €75,354 | +€60,814 | +418.3% |
| Total equity and liabilities | 10/49 | €1,454,362 | €2,219,673 | +€765,310 | +52.6% |
| Equity | 10/15 | €374,186 | €304,943 | -€69,243 | -18.5% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | €190,062 | €190,062 | = | 0.0% |
| Non-distributable reserves | 130/1 | €20,000 | €20,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €20,000 | €20,000 | = | 0.0% |
| Distributable reserves | 133 | €170,062 | €170,062 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,876 | -€85,119 | -€69,243 | -436.2% |
| Provisions and deferred taxes | 16 | €186,866 | €186,866 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €186,866 | €186,866 | = | 0.0% |
| Other liabilities and charges | 164/5 | €186,866 | €186,866 | = | 0.0% |
| Amounts payable | 17/49 | €893,310 | €1,727,863 | +€834,554 | +93.4% |
| Amounts payable within one year | 42/48 | €892,114 | €1,724,240 | +€832,126 | +93.3% |
| Financial debts | 43 | €633,330 | €1,419,038 | +€785,708 | +124.1% |
| Credit institutions | 430/8 | €633,330 | €1,419,038 | +€785,708 | +124.1% |
| Trade debts | 44 | €67,724 | €114,142 | +€46,418 | +68.5% |
| Suppliers | 440/4 | €67,724 | €114,142 | +€46,418 | +68.5% |
| Other amounts payable | 47/48 | €191,060 | €191,060 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €1,195 | €3,623 | +€2,428 | +203.2% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€63,134 | - | +€63,134 | |
| Other operating charges | 640/8 | €19,832 | €3,396 | -€16,437 | -82.9% |
| Gross operating margin | 9900 | -€79,628 | -€16,698 | +€62,929 | +79.0% |
| Operating profit (loss) | 9901 | -€36,326 | -€20,094 | +€16,232 | +44.7% |
| Financial income | 75/76B | €1,782 | €1,927 | +€145 | +8.1% |
| Recurring financial income | 75 | €1,782 | €1,927 | +€145 | +8.1% |
| Financial charges | 65/66B | €40,240 | €51,076 | +€10,836 | +26.9% |
| Recurring financial charges | 65 | €40,240 | €51,076 | +€10,836 | +26.9% |
| Profit (loss) for the period before taxes | 9903 | -€74,784 | -€69,243 | +€5,541 | +7.4% |
| Profit (loss) for the period | 9904 | -€74,784 | -€69,243 | +€5,541 | +7.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€74,784 | -€69,243 | +€5,541 | +7.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.