Marta International: 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.
What changed
Marta International
NACE 46.140, Agents in the wholesale of industrial machinery, ships and aircraft
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€249,475
2024 · €365,971-€116,497
Equity
€2.0m
2024 · €1.8m+€249,475
Cash
€160,139
2024 · €137,136+€23,003
Balance sheet total
€3.7m
2024 · €3.2m+€499,530
Largest movements
Assets
- Current investments +€411,762
new in 2025: €411,762
- Receivables within one year +€66,630
up €66,630 (+108%), from €61,447 to €128,077
of which Trade receivables: +€41,957
Equity and liabilities
- Other debts +€573,618
up €573,618 (+2,259%), from €25,389 to €599,007
- Profit (loss) carried forward +€249,475
new in 2025: €249,475
- Debts after one year -€218,622
down €218,622 (-24.5%), from €894,013 to €675,391
- Tax, wage and social debts -€97,963
down €97,963 (-49.2%), from €199,207 to €101,244
of which Taxes: -€97,963
- Advances received -€41,458
no longer reported in 2025 (was €41,458)
Income statement
- Gross operating margin -€198,122
down €198,122 (-33.2%), from €596,923 to €398,801
- Taxes -€81,076
down €81,076 (-45.0%), from €180,047 to €98,971
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.
Result 2024
€365,971
Gross operating margin
-€198,122
Depreciation
+€260
Other operating charges
-€103
Financial income
+€3,792
Financial charges
-€3,399
Taxes
+€81,076
Result 2025
€249,475
raises the resultlowers the result
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.
From operations
+€627,125
Investment
-€411,762
Financing
-€192,360
Cash 2024
€137,136
From operations (derived)
+€627,125
Net result for the year
+€249,475
Depreciation
+€1,571
Receivables within one year
-€66,630
Deferred charges and accrued income
+€295
Trade debts
+€8,218
Tax, wage and social debts
-€97,963
Advances received
-€41,458
Other debts
+€573,618
Investment (derived)
-€411,762
Current investments
-€411,762
Financing
-€192,360
Debts after one year
-€218,622
Current portion of long-term debt
+€26,262
Cash 2025
€160,139
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,196,999 | €3,696,528 | +€499,530 | +15.6% |
| Fixed assets | 21/28 | €2,993,181 | €2,991,610 | -€1,571 | -0.1% |
| Tangible fixed assets | 22/27 | €12,507 | €10,936 | -€1,571 | -12.6% |
| Land and buildings | 22 | €6,875 | €6,875 | = | 0.0% |
| Plant, machinery and equipment | 23 | €47 | - | -€47 | |
| Furniture and vehicles | 24 | €5,585 | €4,061 | -€1,524 | -27.3% |
| Financial fixed assets | 28 | €2,980,674 | €2,980,674 | = | 0.0% |
| Current assets | 29/58 | €203,817 | €704,918 | +€501,100 | +246% |
| Stocks and contracts in progress | 3 | €99 | €99 | = | 0.0% |
| Stocks | 30/36 | €99 | €99 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €61,447 | €128,077 | +€66,630 | +108% |
| Trade receivables | 40 | €29,800 | €71,757 | +€41,957 | +141% |
| Other amounts receivable | 41 | €31,647 | €56,320 | +€24,673 | +78.0% |
| Current investments | 50/53 | - | €411,762 | +€411,762 | |
| Cash at bank and in hand | 54/58 | €137,136 | €160,139 | +€23,003 | +16.8% |
| Deferred charges and accrued income | 490/1 | €5,136 | €4,841 | -€295 | -5.7% |
| Total equity and liabilities | 10/49 | €3,196,999 | €3,696,528 | +€499,530 | +15.6% |
| Equity | 10/15 | €1,766,664 | €2,016,138 | +€249,475 | +14.1% |
| Contributions | 10/11 | €30,987 | €30,987 | = | 0.0% |
| Reserves | 13 | €1,735,677 | €1,735,677 | = | 0.0% |
| Distributable reserves | 133 | €1,735,677 | €1,735,677 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €249,475 | +€249,475 | |
| Amounts payable | 17/49 | €1,430,335 | €1,680,390 | +€250,055 | +17.5% |
| Amounts payable after more than one year | 17 | €894,013 | €675,391 | -€218,622 | -24.5% |
| Financial debts | 170/4 | €894,013 | €675,391 | -€218,622 | -24.5% |
| Amounts payable within one year | 42/48 | €536,322 | €1,004,998 | +€468,677 | +87.4% |
| Current portion of amounts payable after more than one year | 42 | €230,275 | €256,537 | +€26,262 | +11.4% |
| Trade debts | 44 | €39,992 | €48,210 | +€8,218 | +20.5% |
| Suppliers | 440/4 | €39,992 | €48,210 | +€8,218 | +20.5% |
| Advances received on contracts in progress | 46 | €41,458 | - | -€41,458 | |
| Taxes, remuneration and social security | 45 | €199,207 | €101,244 | -€97,963 | -49.2% |
| Taxes | 450/3 | €197,113 | €99,150 | -€97,963 | -49.7% |
| Remuneration and social security | 454/9 | €2,094 | €2,094 | = | 0.0% |
| Other amounts payable | 47/48 | €25,389 | €599,007 | +€573,618 | +2,259% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,831 | €1,571 | -€260 | -14.2% |
| Other operating charges | 640/8 | €1,949 | €2,052 | +€103 | +5.3% |
| Gross operating margin | 9900 | €596,923 | €398,801 | -€198,122 | -33.2% |
| Operating profit (loss) | 9901 | €593,143 | €395,178 | -€197,964 | -33.4% |
| Financial income | 75/76B | €250 | €4,041 | +€3,792 | +1,519% |
| Recurring financial income | 75 | €250 | €4,041 | +€3,792 | +1,519% |
| Financial charges | 65/66B | €47,374 | €50,774 | +€3,399 | +7.2% |
| Recurring financial charges | 65 | €47,374 | €50,774 | +€3,399 | +7.2% |
| Profit (loss) for the period before taxes | 9903 | €546,018 | €348,446 | -€197,572 | -36.2% |
| Income taxes | 67/77 | €180,047 | €98,971 | -€81,076 | -45.0% |
| Profit (loss) for the period | 9904 | €365,971 | €249,475 | -€116,497 | -31.8% |
| Profit (loss) for the period to be appropriated | 9905 | €365,971 | €249,475 | -€116,497 | -31.8% |
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 1 November 2026 via checked.be.