THE MARBLE: 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.
THE MARBLE
Largest movements
- Tangible fixed assets -€28,196
down €28,196 (-4.1%), from €695,603 to €667,407
of which Land and buildings: -€28,622
- Cash +€11,303
up €11,303 (+18.1%), from €62,554 to €73,856
mainly Depreciation (+€29,164) and Other debts (+€204)
- Profit (loss) carried forward -€17,023
down €17,023 (-57.0%), from -€29,876 to -€46,900
- Gross operating margin -€7,985
down €7,985 (-25.6%), from €31,219 to €23,234
- Depreciation -€1,155
down €1,155 (-3.8%), from €30,319 to €29,164
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 | €759,178 | €742,359 | -€16,820 | -2.2% |
| Fixed assets | 21/28 | €695,628 | €667,432 | -€28,196 | -4.1% |
| Tangible fixed assets | 22/27 | €695,603 | €667,407 | -€28,196 | -4.1% |
| Land and buildings | 22 | €694,208 | €665,585 | -€28,622 | -4.1% |
| Plant, machinery and equipment | 23 | €1,395 | €1,822 | +€427 | +30.6% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €63,551 | €74,927 | +€11,376 | +17.9% |
| Amounts receivable within one year | 40/41 | €997 | €1,070 | +€73 | +7.4% |
| Other amounts receivable | 41 | €997 | €1,070 | +€73 | +7.4% |
| Cash at bank and in hand | 54/58 | €62,554 | €73,856 | +€11,303 | +18.1% |
| Total equity and liabilities | 10/49 | €759,178 | €742,359 | -€16,820 | -2.2% |
| Equity | 10/15 | €559,178 | €542,155 | -€17,023 | -3.0% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Contributions outside capital | 11 | - | €25,000 | +€25,000 | |
| Share premium | 1100/10 | - | €25,000 | +€25,000 | |
| Reserves | 13 | €564,055 | €564,055 | = | 0.0% |
| Distributable reserves | 133 | €564,055 | €564,055 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€29,876 | -€46,900 | -€17,023 | -57.0% |
| Amounts payable | 17/49 | €200,000 | €200,204 | +€204 | +0.1% |
| Amounts payable after more than one year | 17 | €200,000 | €200,000 | = | 0.0% |
| Financial debts | 170/4 | €200,000 | €200,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €0 | €204 | +€204 | |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | - | €204 | +€204 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,319 | €29,164 | -€1,155 | -3.8% |
| Other operating charges | 640/8 | €2,482 | €2,746 | +€264 | +10.6% |
| Gross operating margin | 9900 | €31,219 | €23,234 | -€7,985 | -25.6% |
| Operating profit (loss) | 9901 | -€1,582 | -€8,676 | -€7,094 | -448.4% |
| Financial income | 75/76B | €52 | €245 | +€193 | +373.6% |
| Recurring financial income | 75 | €52 | €245 | +€193 | +373.6% |
| Financial charges | 65/66B | €8,795 | €8,592 | -€203 | -2.3% |
| Recurring financial charges | 65 | €8,795 | €8,592 | -€203 | -2.3% |
| Profit (loss) for the period before taxes | 9903 | -€10,325 | -€17,023 | -€6,698 | -64.9% |
| Profit (loss) for the period | 9904 | -€10,325 | -€17,023 | -€6,698 | -64.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,325 | -€17,023 | -€6,698 | -64.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.