B.MARTIAL: 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.
B.MARTIAL
Largest movements
- Receivables within one year -€63,044
down €63,044 (-41.6%), from €151,419 to €88,375
of which Trade receivables: -€50,756
- Cash +€36,066
up €36,066 (+216%), from €16,666 to €52,732
mainly Receivables within one year (+€63,044) and Advances received (+€16,882)
- Tangible fixed assets -€10,754
down €10,754 (-58.3%), from €18,454 to €7,700
of which Furniture and vehicles: -€8,302
- Trade debts -€76,187
down €76,187 (-74.7%), from €102,006 to €25,819
- Advances received +€16,882
up €16,882 (+53.6%), from €31,520 to €48,402
- Tax, wage and social debts +€13,705
up €13,705 (+156%), from €8,768 to €22,473
of which Taxes: +€7,716
- Profit (loss) carried forward +€11,583
up €11,583 (+70.3%), from €16,472 to €28,055
- Debts after one year -€3,726
down €3,726 (-40.0%), from €9,316 to €5,590
- Turnover -€328,188
no longer reported in 2024 (was €328,188)
- Purchases and services -€296,148
no longer reported in 2024 (was €296,148)
- Taxes -€4,137
down €4,137 (-42.2%), from €9,799 to €5,662
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €187,005 | €148,978 | -€38,027 | -20.3% |
| Fixed assets | 21/28 | €18,454 | €7,700 | -€10,754 | -58.3% |
| Tangible fixed assets | 22/27 | €18,454 | €7,700 | -€10,754 | -58.3% |
| Plant, machinery and equipment | 23 | €6,887 | €4,435 | -€2,452 | -35.6% |
| Furniture and vehicles | 24 | €11,567 | €3,265 | -€8,302 | -71.8% |
| Current assets | 29/58 | €168,551 | €141,278 | -€27,273 | -16.2% |
| Amounts receivable within one year | 40/41 | €151,419 | €88,375 | -€63,044 | -41.6% |
| Trade receivables | 40 | €137,160 | €86,404 | -€50,756 | -37.0% |
| Other amounts receivable | 41 | €14,259 | €1,971 | -€12,288 | -86.2% |
| Cash at bank and in hand | 54/58 | €16,666 | €52,732 | +€36,066 | +216% |
| Deferred charges and accrued income | 490/1 | €466 | €171 | -€295 | -63.3% |
| Total equity and liabilities | 10/49 | €187,005 | €148,978 | -€38,027 | -20.3% |
| Equity | 10/15 | €30,732 | €42,315 | +€11,583 | +37.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Capital | 10 | €12,400 | €12,400 | = | 0.0% |
| Issued capital | 100 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | - | €1,860 | +€1,860 | |
| Legal reserve | 130 | - | €1,860 | +€1,860 | |
| Tax-exempt reserves | 132 | €1,860 | - | -€1,860 | |
| Profit (loss) carried forward | 14 | €16,472 | €28,055 | +€11,583 | +70.3% |
| Amounts payable | 17/49 | €156,273 | €106,663 | -€49,610 | -31.7% |
| Amounts payable after more than one year | 17 | €9,316 | €5,590 | -€3,726 | -40.0% |
| Financial debts | 170/4 | €9,316 | €5,590 | -€3,726 | -40.0% |
| Amounts payable within one year | 42/48 | €146,957 | €101,073 | -€45,884 | -31.2% |
| Current portion of amounts payable after more than one year | 42 | €3,726 | €3,726 | = | 0.0% |
| Financial debts | 43 | €937 | €653 | -€284 | -30.3% |
| Other loans | 439 | €937 | €653 | -€284 | -30.3% |
| Trade debts | 44 | €102,006 | €25,819 | -€76,187 | -74.7% |
| Suppliers | 440/4 | €102,006 | €25,819 | -€76,187 | -74.7% |
| Advances received on contracts in progress | 46 | €31,520 | €48,402 | +€16,882 | +53.6% |
| Taxes, remuneration and social security | 45 | €8,768 | €22,473 | +€13,705 | +156% |
| Taxes | 450/3 | €8,768 | €16,484 | +€7,716 | +88.0% |
| Remuneration and social security | 454/9 | - | €5,989 | +€5,989 | |
| Turnover | 70 | €328,188 | - | -€328,188 | |
| Goods, raw materials, services and sundry goods | 60/61 | €296,148 | - | -€296,148 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,109 | €10,754 | +€1,645 | +18.1% |
| Gross operating margin | 9900 | €32,258 | €30,547 | -€1,711 | -5.3% |
| Operating profit (loss) | 9901 | €23,149 | €19,793 | -€3,356 | -14.5% |
| Financial charges | 65/66B | €629 | €2,548 | +€1,919 | +305% |
| Recurring financial charges | 65 | €629 | €2,548 | +€1,919 | +305% |
| Profit (loss) for the period before taxes | 9903 | €22,520 | €17,245 | -€5,275 | -23.4% |
| Income taxes | 67/77 | €9,799 | €5,662 | -€4,137 | -42.2% |
| Profit (loss) for the period | 9904 | €12,721 | €11,583 | -€1,138 | -8.9% |
| Profit (loss) for the period to be appropriated | 9905 | €12,721 | €11,583 | -€1,138 | -8.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.