MART ESTATE: 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 ESTATE
Largest movements
- Financial fixed assets -€11,805
down €11,805 (-100%), from €11,805 to €0
- Receivables within one year +€2,932
up €2,932 (+2.0%), from €147,216 to €150,148
of which Other amounts receivable: +€2,932
- Other debts -€61,805
down €61,805 (-25.6%), from €241,586 to €179,781
- Profit (loss) carried forward +€48,460
up €48,460 (+9.7%), from -€501,588 to -€453,128
- Trade debts +€3,149
up €3,149 (+8.1%), from €38,907 to €42,056
- Gross operating margin +€56,227
up €56,227, from -€4,798 to €51,429
- Other operating charges -€5,304
down €5,304 (-91.2%), from €5,816 to €512
- Financial charges +€654
up €654 (+22.8%), from €2,865 to €3,518
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €159,107 | €150,234 | -€8,873 | -5.6% |
| Fixed assets | 21/28 | €11,805 | €0 | -€11,805 | -100% |
| Financial fixed assets | 28 | €11,805 | €0 | -€11,805 | -100% |
| Current assets | 29/58 | €147,302 | €150,234 | +€2,932 | +2.0% |
| Amounts receivable within one year | 40/41 | €147,216 | €150,148 | +€2,932 | +2.0% |
| Trade receivables | 40 | €52,390 | €52,390 | = | 0.0% |
| Other amounts receivable | 41 | €94,827 | €97,758 | +€2,932 | +3.1% |
| Cash at bank and in hand | 54/58 | €86 | €86 | = | 0.0% |
| Total equity and liabilities | 10/49 | €159,107 | €150,234 | -€8,873 | -5.6% |
| Equity | 10/15 | -€213,650 | -€165,190 | +€48,460 | +22.7% |
| Contributions | 10/11 | €286,996 | €286,996 | = | 0.0% |
| Capital | 10 | €286,996 | €286,996 | = | 0.0% |
| Issued capital | 100 | €299,396 | €299,396 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €942 | €942 | = | 0.0% |
| Non-distributable reserves | 130/1 | €942 | €942 | = | 0.0% |
| Legal reserve | 130 | €942 | €942 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€501,588 | -€453,128 | +€48,460 | +9.7% |
| Amounts payable | 17/49 | €372,757 | €315,424 | -€57,334 | -15.4% |
| Amounts payable after more than one year | 17 | €44,074 | €44,074 | = | 0.0% |
| Financial debts | 170/4 | €44,074 | €44,074 | = | 0.0% |
| Amounts payable within one year | 42/48 | €280,623 | €221,967 | -€58,656 | -20.9% |
| Financial debts | 43 | €130 | €130 | = | 0.0% |
| Credit institutions | 430/8 | €130 | €130 | = | 0.0% |
| Trade debts | 44 | €38,907 | €42,056 | +€3,149 | +8.1% |
| Suppliers | 440/4 | €38,907 | €42,056 | +€3,149 | +8.1% |
| Other amounts payable | 47/48 | €241,586 | €179,781 | -€61,805 | -25.6% |
| Accrued charges and deferred income | 492/3 | €48,061 | €49,383 | +€1,322 | +2.8% |
| Other operating charges | 640/8 | €5,816 | €512 | -€5,304 | -91.2% |
| Gross operating margin | 9900 | -€4,798 | €51,429 | +€56,227 | |
| Operating profit (loss) | 9901 | -€10,613 | €50,917 | +€61,531 | |
| Financial income | 75/76B | €1,303 | €1,061 | -€241 | -18.5% |
| Recurring financial income | 75 | €1,303 | €1,061 | -€241 | -18.5% |
| Financial charges | 65/66B | €2,865 | €3,518 | +€654 | +22.8% |
| Recurring financial charges | 65 | €2,865 | €3,518 | +€654 | +22.8% |
| Profit (loss) for the period before taxes | 9903 | -€12,176 | €48,460 | +€60,636 | |
| Profit (loss) for the period | 9904 | -€12,176 | €48,460 | +€60,636 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,176 | €48,460 | +€60,636 |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.