BOUWMATERIALEN MAERTENS: what changed
What changed
BOUWMATERIALEN MAERTENS
NACE 47.521, Retail sale of hardware, building materials, paint and glass (general range)
filed annual accounts (NBB)
Net result for the year
€1,927
2024 · €4,649-€2,721
Equity
€512,628
2024 · €545,950-€33,323
Cash
€87,175
2024 · €64,462+€22,713
Balance sheet total
€1.7m
2024 · €1.3m+€386,416
Largest movements
Assets
- Tangible fixed assets +€226,288
up €226,288 (+112%), from €201,958 to €428,245
of which Furniture and vehicles: +€128,893
- Receivables within one year +€123,567
up €123,567 (+69.0%), from €179,033 to €302,600
of which Trade receivables: +€91,964
- Cash +€22,713
up €22,713 (+35.2%), from €64,462 to €87,175
mainly Trade debts (+€191,684) and Debts after one year (+€129,320)
Equity and liabilities
- Trade debts +€191,684
up €191,684 (+118%), from €162,885 to €354,569
- Debts after one year +€129,320
up €129,320 (+129%), from €100,476 to €229,795
- Current portion of long-term debt +€40,694
up €40,694 (+117%), from €34,746 to €75,440
- Other debts +€34,314
up €34,314 (+24.1%), from €142,412 to €176,726
- Reserves -€33,323
down €33,323 (-6.9%), from €483,950 to €450,628
of which Distributable reserves: -€33,323
Income statement
- Staff costs +€16,846
up €16,846 (+7.0%), from €238,981 to €255,827
- Taxes -€13,154
down €13,154 (-95.2%), from €13,816 to €663
- Depreciation +€10,761
up €10,761 (+13.8%), from €78,189 to €88,950
- Gross operating margin +€10,266
up €10,266 (+2.8%), from €364,315 to €374,581
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
€4,649
Gross operating margin
+€10,266
Staff costs
-€16,846
Depreciation
-€10,761
Other operating charges
-€608
Financial income
+€2,607
Financial charges
-€533
Taxes
+€13,154
Result 2025
€1,927
raises the resultlowers the result
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
+€203,187
Investment
-€315,238
Financing
+€134,764
Cash 2024
€64,462
From operations (derived)
+€203,187
Net result for the year
+€1,927
Depreciation
+€88,950
Stocks and contracts
-€10,937
Receivables within one year
-€123,567
Deferred charges and accrued income
-€2,911
Trade debts
+€191,684
Tax, wage and social debts
+€20,542
Other debts
+€34,314
Accrued charges and deferred income
+€3,185
Investment (derived)
-€315,238
Investment in fixed assets (net)
-€315,238
Financing
+€134,764
Debts after one year
+€129,320
Current portion of long-term debt
+€40,694
Contributions, distributions and other
-€35,250
Cash 2025
€87,175
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,266,029 | €1,652,445 | +€386,416 | +30.5% |
| Fixed assets | 21/28 | €201,958 | €428,245 | +€226,288 | +112% |
| Tangible fixed assets | 22/27 | €201,958 | €428,245 | +€226,288 | +112% |
| Land and buildings | 22 | €137,689 | €105,050 | -€32,639 | -23.7% |
| Plant, machinery and equipment | 23 | €29,102 | €47,042 | +€17,939 | +61.6% |
| Furniture and vehicles | 24 | €35,167 | €164,060 | +€128,893 | +367% |
| Leasing and similar rights | 25 | - | €112,095 | +€112,095 | |
| Current assets | 29/58 | €1,064,071 | €1,224,199 | +€160,128 | +15.0% |
| Stocks and contracts in progress | 3 | €817,208 | €828,145 | +€10,937 | +1.3% |
| Stocks | 30/36 | €817,208 | €828,145 | +€10,937 | +1.3% |
| Amounts receivable within one year | 40/41 | €179,033 | €302,600 | +€123,567 | +69.0% |
| Trade receivables | 40 | €118,900 | €210,864 | +€91,964 | +77.3% |
| Other amounts receivable | 41 | €60,133 | €91,736 | +€31,603 | +52.6% |
| Cash at bank and in hand | 54/58 | €64,462 | €87,175 | +€22,713 | +35.2% |
| Deferred charges and accrued income | 490/1 | €3,368 | €6,279 | +€2,911 | +86.4% |
| Total equity and liabilities | 10/49 | €1,266,029 | €1,652,445 | +€386,416 | +30.5% |
| Equity | 10/15 | €545,950 | €512,628 | -€33,323 | -6.1% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €483,950 | €450,628 | -€33,323 | -6.9% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €477,750 | €444,428 | -€33,323 | -7.0% |
| Amounts payable | 17/49 | €720,079 | €1,139,817 | +€419,738 | +58.3% |
| Amounts payable after more than one year | 17 | €100,476 | €229,795 | +€129,320 | +129% |
| Financial debts | 170/4 | €100,476 | €229,795 | +€129,320 | +129% |
| Amounts payable within one year | 42/48 | €612,006 | €899,240 | +€287,234 | +46.9% |
| Current portion of amounts payable after more than one year | 42 | €34,746 | €75,440 | +€40,694 | +117% |
| Financial debts | 43 | €225,000 | €225,000 | = | 0.0% |
| Credit institutions | 430/8 | €100,000 | €100,000 | = | 0.0% |
| Other loans | 439 | €125,000 | €125,000 | = | 0.0% |
| Trade debts | 44 | €162,885 | €354,569 | +€191,684 | +118% |
| Suppliers | 440/4 | €162,885 | €354,569 | +€191,684 | +118% |
| Taxes, remuneration and social security | 45 | €46,963 | €67,506 | +€20,542 | +43.7% |
| Taxes | 450/3 | €31,790 | €52,457 | +€20,667 | +65.0% |
| Remuneration and social security | 454/9 | €15,174 | €15,049 | -€125 | -0.8% |
| Other amounts payable | 47/48 | €142,412 | €176,726 | +€34,314 | +24.1% |
| Accrued charges and deferred income | 492/3 | €7,597 | €10,782 | +€3,185 | +41.9% |
| Remuneration, social security and pensions | 62 | €238,981 | €255,827 | +€16,846 | +7.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €78,189 | €88,950 | +€10,761 | +13.8% |
| Other operating charges | 640/8 | €4,336 | €4,944 | +€608 | +14.0% |
| Gross operating margin | 9900 | €364,315 | €374,581 | +€10,266 | +2.8% |
| Operating profit (loss) | 9901 | €42,808 | €24,860 | -€17,949 | -41.9% |
| Financial income | 75/76B | €11,757 | €14,363 | +€2,607 | +22.2% |
| Recurring financial income | 75 | €11,757 | €14,363 | +€2,607 | +22.2% |
| Financial charges | 65/66B | €36,100 | €36,633 | +€533 | +1.5% |
| Recurring financial charges | 65 | €36,100 | €36,633 | +€533 | +1.5% |
| Profit (loss) for the period before taxes | 9903 | €18,465 | €2,590 | -€15,875 | -86.0% |
| Income taxes | 67/77 | €13,816 | €663 | -€13,154 | -95.2% |
| Profit (loss) for the period | 9904 | €4,649 | €1,927 | -€2,721 | -58.5% |
| Profit (loss) for the period to be appropriated | 9905 | €4,649 | €1,927 | -€2,721 | -58.5% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
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 8 November 2026 via checked.be.