TECHNIQUES ET CONSTRUCTION MARCOLINI: 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.
TECHNIQUES ET CONSTRUCTION MARCOLINI
Largest movements
- Cash +€28,990
up €28,990 (+124%), from €23,290 to €52,280
mainly Receivables within one year (+€24,961) and Other debts (+€11,204)
- Receivables within one year -€24,961
down €24,961 (-28.4%), from €87,989 to €63,028
of which Trade receivables: -€25,230
- Tangible fixed assets -€6,297
down €6,297 (-67.5%), from €9,324 to €3,027
of which Furniture and vehicles: -€4,073
- Other debts +€11,204
up €11,204 (+328%), from €3,415 to €14,619
- Trade debts -€9,411
down €9,411 (-72.5%), from €12,989 to €3,578
- Tax, wage and social debts -€8,623
down €8,623 (-29.8%), from €28,981 to €20,358
of which Remuneration and social security: -€5,061
- Profit (loss) carried forward +€4,560
up €4,560 (+6.5%), from €70,220 to €74,780
- Gross operating margin -€54,871
down €54,871 (-53.3%), from €102,926 to €48,055
- Staff costs -€41,240
down €41,240 (-92.1%), from €44,786 to €3,546
- Write-downs +€19,459
new in 2025: €19,459
- Financial charges -€6,355
down €6,355 (-88.4%), from €7,185 to €830
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 | €120,605 | €118,336 | -€2,269 | -1.9% |
| Fixed assets | 21/28 | €9,325 | €3,028 | -€6,297 | -67.5% |
| Tangible fixed assets | 22/27 | €9,324 | €3,027 | -€6,297 | -67.5% |
| Plant, machinery and equipment | 23 | €2,705 | €481 | -€2,224 | -82.2% |
| Furniture and vehicles | 24 | €6,619 | €2,546 | -€4,073 | -61.5% |
| Financial fixed assets | 28 | €1 | €1 | = | 0.0% |
| Current assets | 29/58 | €111,280 | €115,308 | +€4,028 | +3.6% |
| Amounts receivable within one year | 40/41 | €87,989 | €63,028 | -€24,961 | -28.4% |
| Trade receivables | 40 | €86,666 | €61,436 | -€25,230 | -29.1% |
| Other amounts receivable | 41 | €1,324 | €1,593 | +€269 | +20.3% |
| Cash at bank and in hand | 54/58 | €23,290 | €52,280 | +€28,990 | +124% |
| Total equity and liabilities | 10/49 | €120,605 | €118,336 | -€2,269 | -1.9% |
| Equity | 10/15 | €75,220 | €79,780 | +€4,560 | +6.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €70,220 | €74,780 | +€4,560 | +6.5% |
| Amounts payable | 17/49 | €45,385 | €38,556 | -€6,829 | -15.0% |
| Amounts payable within one year | 42/48 | €45,385 | €38,556 | -€6,829 | -15.0% |
| Trade debts | 44 | €12,989 | €3,578 | -€9,411 | -72.5% |
| Suppliers | 440/4 | €12,989 | €3,578 | -€9,411 | -72.5% |
| Taxes, remuneration and social security | 45 | €28,981 | €20,358 | -€8,623 | -29.8% |
| Taxes | 450/3 | €13,961 | €10,400 | -€3,561 | -25.5% |
| Remuneration and social security | 454/9 | €15,020 | €9,959 | -€5,061 | -33.7% |
| Other amounts payable | 47/48 | €3,415 | €14,619 | +€11,204 | +328% |
| Remuneration, social security and pensions | 62 | €44,786 | €3,546 | -€41,240 | -92.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,242 | €6,859 | +€617 | +9.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €19,459 | +€19,459 | |
| Other operating charges | 640/8 | €106 | €821 | +€715 | +672% |
| Non-recurring operating charges | 66A | €3,281 | €9,836 | +€6,556 | +200% |
| Gross operating margin | 9900 | €102,926 | €48,055 | -€54,871 | -53.3% |
| Operating profit (loss) | 9901 | €48,511 | €7,534 | -€40,977 | -84.5% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €7,185 | €830 | -€6,355 | -88.4% |
| Recurring financial charges | 65 | €7,185 | €830 | -€6,355 | -88.4% |
| Profit (loss) for the period before taxes | 9903 | €41,327 | €6,704 | -€34,623 | -83.8% |
| Income taxes | 67/77 | €2,606 | €2,144 | -€462 | -17.7% |
| Profit (loss) for the period | 9904 | €38,721 | €4,560 | -€34,160 | -88.2% |
| Profit (loss) for the period to be appropriated | 9905 | €38,721 | €4,560 | -€34,160 | -88.2% |
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 23 October 2026 via checked.be.