BERNARD MARTIN BRUSSELS: what changed
What changed
BERNARD MARTIN BRUSSELS
NACE 47.811, Retail sale of cars and light vans (up to 3.5 tonnes)
filed annual accounts (NBB)
Net result for the year
-€5,164
2024 · €98,352-€103,516
Equity
€343,188
2024 · €348,352-€5,164
Cash
€389,364
2024 · €479,049-€89,685
Balance sheet total
€6.5m
2024 · €8.3m-€1.9m
Largest movements
Assets
- Stocks and contracts -€1.3m
down €1.3m (-31.4%), from €4.3m to €2.9m
- Intangible fixed assets -€247,533
down €247,533 (-15.3%), from €1.6m to €1.4m
- Tangible fixed assets -€199,073
down €199,073 (-12.1%), from €1.6m to €1.4m
of which Other tangible fixed assets: -€130,669
- Cash -€89,685
down €89,685 (-18.7%), from €479,049 to €389,364
mainly Trade debts (-€914,090) and Short-term financial debts (-€461,539)
Equity and liabilities
- Trade debts -€914,090
down €914,090 (-74.7%), from €1.2m to €310,355
- Short-term financial debts -€461,539
down €461,539 (-13.2%), from €3.5m to €3.0m
of which Credit institutions: -€499,842
- Debts after one year -€417,359
down €417,359 (-17.0%), from €2.5m to €2.0m
of which Financial debts: -€417,359
- Advances received -€89,575
down €89,575 (-49.7%), from €180,284 to €90,708
Income statement
- Turnover -€11.7m
down €11.7m (-38.2%), from €30.7m to €19.0m
- Goods and materials -€10.1m
down €10.1m (-38.1%), from €26.6m to €16.5m
of which Purchases: -€15.7m
- Services and other goods -€1.3m
down €1.3m (-52.9%), from €2.4m to €1.1m
- Staff costs -€400,808
down €400,808 (-27.4%), from €1.5m to €1.1m
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.
Result 2024
€98,352
Turnover
-€11.7m
Other operating income
-€142,845
Goods and materials
+€10.1m
Services and other goods
+€1.3m
Staff costs
+€400,808
Depreciation
+€44,142
Other operating charges
+€15,754
Other operating items
-€244,517
Financial income
-€13,763
Financial charges
+€112,315
Taxes
+€32,001
Result 2025
-€5,164
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€784,780
Investment
-€11,508
Financing
-€862,957
Cash 2024
€479,049
From operations (derived)
+€784,780
Net result for the year
-€5,164
Depreciation
+€458,113
Stocks and contracts
+€1.3m
Receivables within one year
-€23,308
Deferred charges and accrued income
+€10,993
Trade debts
-€914,090
Tax, wage and social debts
+€63,165
Advances received
-€89,575
Accrued charges and deferred income
-€53,339
Investment (derived)
-€11,508
Investment in fixed assets (net)
-€11,508
Financing
-€862,957
Debts after one year
-€417,359
Current portion of long-term debt
+€15,941
Short-term financial debts
-€461,539
Cash 2025
€389,364
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,339,025 | €6,477,063 | -€1.9m | -22.3% |
| Fixed assets | 21/28 | €3,285,856 | €2,839,251 | -€446,605 | -13.6% |
| Intangible fixed assets | 21 | €1,622,201 | €1,374,669 | -€247,533 | -15.3% |
| Tangible fixed assets | 22/27 | €1,647,240 | €1,448,167 | -€199,073 | -12.1% |
| Plant, machinery and equipment | 23 | €295,101 | €256,074 | -€39,027 | -13.2% |
| Furniture and vehicles | 24 | €159,013 | €129,636 | -€29,377 | -18.5% |
| Other tangible fixed assets | 26 | €1,193,126 | €1,062,457 | -€130,669 | -11.0% |
| Financial fixed assets | 28 | €16,416 | €16,416 | = | 0.0% |
| Other financial fixed assets | 284/8 | €16,416 | €16,416 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €16,416 | €16,416 | = | 0.0% |
| Current assets | 29/58 | €5,053,168 | €3,637,812 | -€1.4m | -28.0% |
| Stocks and contracts in progress | 3 | €4,255,225 | €2,917,238 | -€1.3m | -31.4% |
| Stocks | 30/36 | €4,255,225 | €2,917,238 | -€1.3m | -31.4% |
| Goods purchased for resale | 34 | €4,255,225 | €2,917,238 | -€1.3m | -31.4% |
| Amounts receivable within one year | 40/41 | €288,167 | €311,475 | +€23,308 | +8.1% |
| Trade receivables | 40 | €151,544 | €250,404 | +€98,860 | +65.2% |
| Other amounts receivable | 41 | €136,622 | €61,071 | -€75,551 | -55.3% |
| Cash at bank and in hand | 54/58 | €479,049 | €389,364 | -€89,685 | -18.7% |
| Deferred charges and accrued income | 490/1 | €30,727 | €19,734 | -€10,993 | -35.8% |
| Total equity and liabilities | 10/49 | €8,339,025 | €6,477,063 | -€1.9m | -22.3% |
| Equity | 10/15 | €348,352 | €343,188 | -€5,164 | -1.5% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Reserves | 13 | €98,000 | €98,000 | = | 0.0% |
| Distributable reserves | 133 | €98,000 | €98,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €352 | -€4,812 | -€5,164 | |
| Amounts payable | 17/49 | €7,990,673 | €6,133,875 | -€1.9m | -23.2% |
| Amounts payable after more than one year | 17 | €2,455,321 | €2,037,962 | -€417,359 | -17.0% |
| Financial debts | 170/4 | €2,105,321 | €1,687,962 | -€417,359 | -19.8% |
| Credit institutions | 173 | €2,105,321 | €1,687,962 | -€417,359 | -19.8% |
| Other amounts payable | 178/9 | €350,000 | €350,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €5,472,281 | €4,086,182 | -€1.4m | -25.3% |
| Current portion of amounts payable after more than one year | 42 | €401,418 | €417,359 | +€15,941 | +4.0% |
| Financial debts | 43 | €3,499,070 | €3,037,532 | -€461,539 | -13.2% |
| Credit institutions | 430/8 | €3,049,070 | €2,549,228 | -€499,842 | -16.4% |
| Other loans | 439 | €450,000 | €488,303 | +€38,303 | +8.5% |
| Trade debts | 44 | €1,224,445 | €310,355 | -€914,090 | -74.7% |
| Suppliers | 440/4 | €1,224,445 | €310,355 | -€914,090 | -74.7% |
| Advances received on contracts in progress | 46 | €180,284 | €90,708 | -€89,575 | -49.7% |
| Taxes, remuneration and social security | 45 | €167,064 | €230,229 | +€63,165 | +37.8% |
| Taxes | 450/3 | €38,384 | €133,710 | +€95,326 | +248% |
| Remuneration and social security | 454/9 | €128,680 | €96,519 | -€32,161 | -25.0% |
| Accrued charges and deferred income | 492/3 | €63,070 | €9,731 | -€53,339 | -84.6% |
| Operating income | 70/76A | €31,462,195 | €19,314,189 | -€12.1m | -38.6% |
| Turnover | 70 | €30,685,840 | €18,968,098 | -€11.7m | -38.2% |
| Other operating income | 74 | €376,355 | €233,510 | -€142,845 | -38.0% |
| Non-recurring operating income | 76A | €400,000 | €112,581 | -€287,419 | -71.9% |
| Operating charges | 60/66A | €31,041,113 | €19,127,176 | -€11.9m | -38.4% |
| Goods for resale, raw materials and consumables | 60 | €26,582,200 | €16,453,935 | -€10.1m | -38.1% |
| Purchases | 600/8 | €30,837,425 | €15,115,948 | -€15.7m | -51.0% |
| Change in stocks: decrease (increase) | 609 | -€4,255,225 | €1,337,987 | +€5.6m | |
| Services and other goods | 61 | €2,424,846 | €1,142,780 | -€1.3m | -52.9% |
| Remuneration, social security and pensions | 62 | €1,463,407 | €1,062,598 | -€400,808 | -27.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €502,255 | €458,113 | -€44,142 | -8.8% |
| Other operating charges | 640/8 | €25,504 | €9,750 | -€15,754 | -61.8% |
| Non-recurring operating charges | 66A | €42,902 | €0 | -€42,902 | -100% |
| Operating profit (loss) | 9901 | €421,083 | €187,014 | -€234,069 | -55.6% |
| Financial income | 75/76B | €17,316 | €3,553 | -€13,763 | -79.5% |
| Recurring financial income | 75 | €17,316 | €3,553 | -€13,763 | -79.5% |
| Other financial income | 752/9 | €17,316 | €3,553 | -€13,763 | -79.5% |
| Financial charges | 65/66B | €303,418 | €191,103 | -€112,315 | -37.0% |
| Recurring financial charges | 65 | €303,418 | €191,103 | -€112,315 | -37.0% |
| Debt charges | 650 | €291,694 | €182,582 | -€109,113 | -37.4% |
| Other financial charges | 652/9 | €11,724 | €8,522 | -€3,202 | -27.3% |
| Profit (loss) for the period before taxes | 9903 | €134,980 | -€537 | -€135,517 | |
| Income taxes | 67/77 | €36,628 | €4,627 | -€32,001 | -87.4% |
| Taxes | 670/3 | €36,628 | €4,627 | -€32,001 | -87.4% |
| Profit (loss) for the period | 9904 | €98,352 | -€5,164 | -€103,516 | |
| Profit (loss) for the period to be appropriated | 9905 | €98,352 | -€5,164 | -€103,516 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.