Marte Dams: 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.
Marte Dams
Largest movements
- Current investments +€25,500
new in 2025: €25,500
- Cash +€22,621
up €22,621 (+106%), from €21,372 to €43,993
mainly Net result for the year (+€47,640) and Tax, wage and social debts (+€8,952)
- Tangible fixed assets +€3,320
up €3,320 (+165%), from €2,016 to €5,336
- Profit (loss) carried forward +€47,640
up €47,640 (+390%), from €12,222 to €59,862
- Tax, wage and social debts +€8,952
up €8,952 (+586%), from €1,528 to €10,480
of which Taxes: +€8,952
- Other debts -€5,355
down €5,355 (-62.0%), from €8,639 to €3,284
- Gross operating margin +€45,324
up €45,324 (+265%), from €17,088 to €62,411
- Taxes +€8,942
up €8,942 (+250%), from €3,578 to €12,520
- Depreciation +€925
up €925 (+94.9%), from €975 to €1,900
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 | €24,789 | €76,073 | +€51,284 | +207% |
| Fixed assets | 21/28 | €2,016 | €5,336 | +€3,320 | +165% |
| Tangible fixed assets | 22/27 | €2,016 | €5,336 | +€3,320 | +165% |
| Furniture and vehicles | 24 | €2,016 | €5,336 | +€3,320 | +165% |
| Current assets | 29/58 | €22,773 | €70,737 | +€47,964 | +211% |
| Amounts receivable within one year | 40/41 | €1,154 | €1,180 | +€26 | +2.3% |
| Trade receivables | 40 | €1,154 | €1,180 | +€26 | +2.3% |
| Current investments | 50/53 | - | €25,500 | +€25,500 | |
| Cash at bank and in hand | 54/58 | €21,372 | €43,993 | +€22,621 | +106% |
| Deferred charges and accrued income | 490/1 | €247 | €64 | -€184 | -74.2% |
| Total equity and liabilities | 10/49 | €24,789 | €76,073 | +€51,284 | +207% |
| Equity | 10/15 | €14,622 | €62,262 | +€47,640 | +326% |
| Contributions | 10/11 | €2,400 | €2,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,222 | €59,862 | +€47,640 | +390% |
| Amounts payable | 17/49 | €10,167 | €13,811 | +€3,644 | +35.8% |
| Amounts payable within one year | 42/48 | €10,167 | €13,811 | +€3,644 | +35.8% |
| Trade debts | 44 | €0 | €47 | +€47 | |
| Suppliers | 440/4 | €0 | €47 | +€47 | |
| Taxes, remuneration and social security | 45 | €1,528 | €10,480 | +€8,952 | +586% |
| Taxes | 450/3 | €1,528 | €10,480 | +€8,952 | +586% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €8,639 | €3,284 | -€5,355 | -62.0% |
| Turnover | 70 | €0 | - | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €975 | €1,900 | +€925 | +94.9% |
| Other operating charges | 640/8 | €287 | €19 | -€268 | -93.5% |
| Gross operating margin | 9900 | €17,088 | €62,411 | +€45,324 | +265% |
| Operating profit (loss) | 9901 | €15,826 | €60,493 | +€44,667 | +282% |
| Financial income | 75/76B | €0 | €224 | +€224 | +1,119,900% |
| Recurring financial income | 75 | €0 | €224 | +€224 | +1,119,900% |
| Financial charges | 65/66B | €26 | €558 | +€531 | +2,025% |
| Recurring financial charges | 65 | €26 | €46 | +€20 | +74.7% |
| Non-recurring financial charges | 66B | - | €512 | +€512 | |
| Profit (loss) for the period before taxes | 9903 | €15,800 | €60,159 | +€44,360 | +281% |
| Income taxes | 67/77 | €3,578 | €12,520 | +€8,942 | +250% |
| Profit (loss) for the period | 9904 | €12,222 | €47,640 | +€35,418 | +290% |
| Profit (loss) for the period to be appropriated | 9905 | €12,222 | €47,640 | +€35,418 | +290% |
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 21 October 2026 via checked.be.