MART CONSULT: 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.
MART CONSULT
Largest movements
- Cash +€201,006
up €201,006 (+83.6%), from €240,576 to €441,582
mainly Net result for the year (+€105,105) and Current investments (+€100,000)
- Current investments -€100,000
no longer reported in 2025 (was €100,000)
- Tangible fixed assets -€57,949
down €57,949 (-19.7%), from €294,246 to €236,298
- Receivables within one year +€20,778
up €20,778 (+17.0%), from €122,338 to €143,116
of which Other amounts receivable: +€62,296
- Reserves +€105,000
up €105,000 (+18.0%), from €582,908 to €687,908
- Tax, wage and social debts -€18,263
down €18,263 (-51.0%), from €35,819 to €17,555
of which Taxes: -€18,263
- Other debts -€12,648
down €12,648 (-18.1%), from €69,937 to €57,289
- Gross operating margin -€109,876
down €109,876 (-33.4%), from €328,863 to €218,987
- Taxes -€35,791
down €35,791 (-44.6%), from €80,180 to €44,389
- Financial income -€3,522
down €3,522 (-79.1%), from €4,449 to €928
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.
Cash bridge derived
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 | €765,385 | €837,136 | +€71,751 | +9.4% |
| Fixed assets | 21/28 | €294,246 | €236,298 | -€57,949 | -19.7% |
| Tangible fixed assets | 22/27 | €294,246 | €236,298 | -€57,949 | -19.7% |
| Land and buildings | 22 | €294,246 | €236,298 | -€57,949 | -19.7% |
| Current assets | 29/58 | €471,139 | €600,838 | +€129,700 | +27.5% |
| Amounts receivable within one year | 40/41 | €122,338 | €143,116 | +€20,778 | +17.0% |
| Trade receivables | 40 | €122,337 | €80,819 | -€41,518 | -33.9% |
| Other amounts receivable | 41 | €1 | €62,297 | +€62,296 | +6771277.2% |
| Current investments | 50/53 | €100,000 | - | -€100,000 | |
| Cash at bank and in hand | 54/58 | €240,576 | €441,582 | +€201,006 | +83.6% |
| Deferred charges and accrued income | 490/1 | €8,225 | €16,141 | +€7,916 | +96.2% |
| Total equity and liabilities | 10/49 | €765,385 | €837,136 | +€71,751 | +9.4% |
| Equity | 10/15 | €611,085 | €716,190 | +€105,105 | +17.2% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €582,908 | €687,908 | +€105,000 | +18.0% |
| Distributable reserves | 133 | €582,908 | €687,908 | +€105,000 | +18.0% |
| Profit (loss) carried forward | 14 | €9,628 | €9,732 | +€105 | +1.1% |
| Amounts payable | 17/49 | €154,300 | €120,946 | -€33,354 | -21.6% |
| Amounts payable after more than one year | 17 | €31,757 | €23,605 | -€8,151 | -25.7% |
| Financial debts | 170/4 | €31,757 | €23,605 | -€8,151 | -25.7% |
| Amounts payable within one year | 42/48 | €115,920 | €83,291 | -€32,629 | -28.1% |
| Current portion of amounts payable after more than one year | 42 | €7,931 | €8,151 | +€221 | +2.8% |
| Trade debts | 44 | €2,233 | €295 | -€1,938 | -86.8% |
| Suppliers | 440/4 | €2,233 | €295 | -€1,938 | -86.8% |
| Taxes, remuneration and social security | 45 | €35,819 | €17,555 | -€18,263 | -51.0% |
| Taxes | 450/3 | €32,819 | €14,555 | -€18,263 | -55.6% |
| Remuneration and social security | 454/9 | €3,000 | €3,000 | = | 0.0% |
| Other amounts payable | 47/48 | €69,937 | €57,289 | -€12,648 | -18.1% |
| Accrued charges and deferred income | 492/3 | €6,623 | €14,050 | +€7,426 | +112.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57,442 | €57,949 | +€506 | +0.9% |
| Other operating charges | 640/8 | €5,397 | €5,602 | +€205 | +3.8% |
| Gross operating margin | 9900 | €328,863 | €218,987 | -€109,876 | -33.4% |
| Operating profit (loss) | 9901 | €266,023 | €155,436 | -€110,587 | -41.6% |
| Financial income | 75/76B | €4,449 | €928 | -€3,522 | -79.1% |
| Recurring financial income | 75 | €4,449 | €928 | -€3,522 | -79.1% |
| Financial charges | 65/66B | €6,939 | €6,870 | -€69 | -1.0% |
| Recurring financial charges | 65 | €6,939 | €6,870 | -€69 | -1.0% |
| Profit (loss) for the period before taxes | 9903 | €263,534 | €149,494 | -€114,040 | -43.3% |
| Income taxes | 67/77 | €80,180 | €44,389 | -€35,791 | -44.6% |
| Profit (loss) for the period | 9904 | €183,353 | €105,105 | -€78,249 | -42.7% |
| Profit (loss) for the period to be appropriated | 9905 | €183,353 | €105,105 | -€78,249 | -42.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.