Dr. Martens Peter: 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.
Dr. Martens Peter
Largest movements
- Cash +€120,115
up €120,115 (+20.8%), from €578,753 to €698,868
mainly Net result for the year (+€217,549) and Tax, wage and social debts (+€36,424)
- Receivables within one year +€20,075
up €20,075 (+12.3%), from €162,662 to €182,737
of which Trade receivables: +€13,742
- Reserves +€97,490
up €97,490 (+13.4%), from €729,787 to €827,276
- Tax, wage and social debts +€36,424
up €36,424 (+79.3%), from €45,948 to €82,371
of which Taxes: +€36,424
- Gross operating margin +€69,915
up €69,915 (+28.2%), from €248,317 to €318,232
- Taxes +€23,785
up €23,785 (+31.6%), from €75,355 to €99,140
- Financial income +€4,087
up €4,087 (+170%), from €2,399 to €6,486
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.
Derived cash bridge
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 | €777,335 | €914,237 | +€136,902 | +17.6% |
| Fixed assets | 21/28 | €15,650 | €12,328 | -€3,322 | -21.2% |
| Tangible fixed assets | 22/27 | €14,050 | €10,728 | -€3,322 | -23.6% |
| Plant, machinery and equipment | 23 | €11,395 | €9,182 | -€2,213 | -19.4% |
| Furniture and vehicles | 24 | €950 | €482 | -€469 | -49.3% |
| Other tangible fixed assets | 26 | €1,705 | €1,064 | -€640 | -37.6% |
| Financial fixed assets | 28 | €1,600 | €1,600 | = | 0.0% |
| Current assets | 29/58 | €761,684 | €901,909 | +€140,224 | +18.4% |
| Amounts receivable within one year | 40/41 | €162,662 | €182,737 | +€20,075 | +12.3% |
| Trade receivables | 40 | €144,706 | €158,449 | +€13,742 | +9.5% |
| Other amounts receivable | 41 | €17,955 | €24,288 | +€6,333 | +35.3% |
| Cash at bank and in hand | 54/58 | €578,753 | €698,868 | +€120,115 | +20.8% |
| Deferred charges and accrued income | 490/1 | €20,269 | €20,304 | +€34 | +0.2% |
| Total equity and liabilities | 10/49 | €777,335 | €914,237 | +€136,902 | +17.6% |
| Equity | 10/15 | €729,787 | €827,276 | +€97,490 | +13.4% |
| Reserves | 13 | €729,787 | €827,276 | +€97,490 | +13.4% |
| Distributable reserves | 133 | €729,787 | €827,276 | +€97,490 | +13.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €47,548 | €86,961 | +€39,413 | +82.9% |
| Amounts payable within one year | 42/48 | €47,548 | €86,961 | +€39,413 | +82.9% |
| Trade debts | 44 | €1,600 | €4,589 | +€2,989 | +187% |
| Suppliers | 440/4 | €1,600 | €4,589 | +€2,989 | +187% |
| Taxes, remuneration and social security | 45 | €45,948 | €82,371 | +€36,424 | +79.3% |
| Taxes | 450/3 | €40,448 | €76,871 | +€36,424 | +90.1% |
| Remuneration and social security | 454/9 | €5,500 | €5,500 | = | 0.0% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,228 | €3,322 | +€95 | +2.9% |
| Other operating charges | 640/8 | €1,187 | €1,337 | +€150 | +12.6% |
| Gross operating margin | 9900 | €248,317 | €318,232 | +€69,915 | +28.2% |
| Operating profit (loss) | 9901 | €243,902 | €313,572 | +€69,670 | +28.6% |
| Financial income | 75/76B | €2,399 | €6,486 | +€4,087 | +170% |
| Recurring financial income | 75 | €2,399 | €6,486 | +€4,087 | +170% |
| Financial charges | 65/66B | €4,176 | €3,369 | -€807 | -19.3% |
| Recurring financial charges | 65 | €4,176 | €3,369 | -€807 | -19.3% |
| Profit (loss) for the period before taxes | 9903 | €242,125 | €316,689 | +€74,564 | +30.8% |
| Income taxes | 67/77 | €75,355 | €99,140 | +€23,785 | +31.6% |
| Profit (loss) for the period | 9904 | €166,771 | €217,549 | +€50,778 | +30.4% |
| Profit (loss) for the period to be appropriated | 9905 | €166,771 | €217,549 | +€50,778 | +30.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.