MARIGO: what changed
MARIGO
Largest movements
- Cash -€80,231
down €80,231 (-84.0%), from €95,492 to €15,261
mainly Investment in fixed assets (net) (-€75,000) and Net result for the year (-€4,982)
- Financial fixed assets +€75,000
up €75,000 (+2,441%), from €3,072 to €78,072
- Tangible fixed assets -€1,858
down €1,858 (-67.6%), from €2,750 to €892
of which Furniture and vehicles: -€1,461
- Receivables after one year -€1,670
no longer reported in 2025 (was €1,670)
- Receivables within one year +€1,329
new in 2025: €1,329
- Profit (loss) carried forward -€4,982
down €4,982 (-131%), from -€3,808 to -€8,790
- Debts after one year -€1,393
no longer reported in 2025 (was €1,393)
- Current portion of long-term debt -€1,284
no longer reported in 2025 (was €1,284)
- Turnover -€19,573
down €19,573 (-88.1%), from €22,213 to €2,640
- Gross operating margin -€12,698
down €12,698, from €9,865 to -€2,833
- Purchases and services -€12,347
no longer reported in 2025 (was €12,347)
- Depreciation -€307
down €307 (-14.2%), from €2,165 to €1,858
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €102,984 | €95,554 | -€7,430 | -7.2% |
| Fixed assets | 21/28 | €5,822 | €78,964 | +€73,142 | +1,256% |
| Tangible fixed assets | 22/27 | €2,750 | €892 | -€1,858 | -67.6% |
| Plant, machinery and equipment | 23 | €793 | €396 | -€397 | -50.1% |
| Furniture and vehicles | 24 | €1,957 | €496 | -€1,461 | -74.7% |
| Financial fixed assets | 28 | €3,072 | €78,072 | +€75,000 | +2,441% |
| Current assets | 29/58 | €97,162 | €16,590 | -€80,572 | -82.9% |
| Amounts receivable after more than one year | 29 | €1,670 | - | -€1,670 | |
| Trade receivables | 290 | €1,670 | - | -€1,670 | |
| Amounts receivable within one year | 40/41 | - | €1,329 | +€1,329 | |
| Other amounts receivable | 41 | - | €1,329 | +€1,329 | |
| Cash at bank and in hand | 54/58 | €95,492 | €15,261 | -€80,231 | -84.0% |
| Total equity and liabilities | 10/49 | €102,984 | €95,554 | -€7,430 | -7.2% |
| Equity | 10/15 | €100,307 | €95,325 | -€4,982 | -5.0% |
| Contributions | 10/11 | €99,157 | €99,157 | = | 0.0% |
| Reserves | 13 | €4,958 | €4,958 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,958 | €4,958 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,958 | €4,958 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,808 | -€8,790 | -€4,982 | -131% |
| Amounts payable | 17/49 | €2,677 | €229 | -€2,448 | -91.4% |
| Amounts payable after more than one year | 17 | €1,393 | - | -€1,393 | |
| Other amounts payable | 178/9 | €1,393 | - | -€1,393 | |
| Amounts payable within one year | 42/48 | €1,284 | €229 | -€1,055 | -82.2% |
| Current portion of amounts payable after more than one year | 42 | €1,284 | - | -€1,284 | |
| Other amounts payable | 47/48 | - | €229 | +€229 | |
| Turnover | 70 | €22,213 | €2,640 | -€19,573 | -88.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €12,347 | - | -€12,347 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,165 | €1,858 | -€307 | -14.2% |
| Other operating charges | 640/8 | €384 | €387 | +€3 | +0.8% |
| Gross operating margin | 9900 | €9,865 | -€2,833 | -€12,698 | |
| Operating profit (loss) | 9901 | €7,316 | -€5,078 | -€12,394 | |
| Financial income | 75/76B | €150 | €150 | = | 0.0% |
| Recurring financial income | 75 | €150 | €150 | = | 0.0% |
| Non-recurring financial income | 76B | €150 | €150 | = | 0.0% |
| Financial charges | 65/66B | €54 | €54 | = | 0.0% |
| Recurring financial charges | 65 | €54 | €54 | = | 0.0% |
| Non-recurring financial charges | 66B | €54 | €54 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €7,412 | -€4,982 | -€12,394 | |
| Profit (loss) for the period | 9904 | €7,412 | -€4,982 | -€12,394 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,412 | -€4,982 | -€12,394 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.