MARTEAU IMMO: what changed
Two fiscal 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.
MARTEAU IMMO
Largest movements
- Tangible fixed assets +€245,589
new in 2025: €245,589
- Debts after one year +€234,167
new in 2025: €234,167
- Profit (loss) carried forward -€41,161
down €41,161, from €5,577 to -€35,584
- Other debts +€39,436
new in 2025: €39,436
- Current portion of long-term debt +€15,110
new in 2025: €15,110
- Depreciation +€39,567
new in 2025: €39,567
- Financial charges +€4,025
up €4,025 (+8934.5%), from €45 to €4,070
- Gross operating margin -€3,934
down €3,934 (-56.1%), from €7,016 to €3,083
- Taxes -€1,394
no longer reported in 2025 (was €1,394)
- Other operating charges +€606
new in 2025: €606
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 | €12,012 | €258,223 | +€246,211 | +2049.6% |
| Fixed assets | 21/28 | - | €245,589 | +€245,589 | |
| Tangible fixed assets | 22/27 | - | €245,589 | +€245,589 | |
| Land and buildings | 22 | - | €245,589 | +€245,589 | |
| Current assets | 29/58 | €12,012 | €12,634 | +€622 | +5.2% |
| Amounts receivable within one year | 40/41 | €1,849 | €1,285 | -€565 | -30.5% |
| Trade receivables | 40 | €1,849 | - | -€1,849 | |
| Other amounts receivable | 41 | €1 | €1,285 | +€1,284 | +178345.8% |
| Cash at bank and in hand | 54/58 | €10,163 | €10,306 | +€143 | +1.4% |
| Deferred charges and accrued income | 490/1 | - | €1,043 | +€1,043 | |
| Total equity and liabilities | 10/49 | €12,012 | €258,223 | +€246,211 | +2049.6% |
| Equity | 10/15 | €8,577 | -€32,584 | -€41,161 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,577 | -€35,584 | -€41,161 | |
| Amounts payable | 17/49 | €3,436 | €290,807 | +€287,371 | +8364.7% |
| Amounts payable after more than one year | 17 | - | €234,167 | +€234,167 | |
| Financial debts | 170/4 | - | €234,167 | +€234,167 | |
| Amounts payable within one year | 42/48 | €3,436 | €56,640 | +€53,205 | +1548.7% |
| Current portion of amounts payable after more than one year | 42 | - | €15,110 | +€15,110 | |
| Trade debts | 44 | €2,041 | €2,094 | +€53 | +2.6% |
| Suppliers | 440/4 | €2,041 | €2,094 | +€53 | +2.6% |
| Taxes, remuneration and social security | 45 | €1,394 | - | -€1,394 | |
| Taxes | 450/3 | €1,394 | - | -€1,394 | |
| Other amounts payable | 47/48 | - | €39,436 | +€39,436 | |
| Non-recurring operating income | 76A | €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 | - | €39,567 | +€39,567 | |
| Other operating charges | 640/8 | - | €606 | +€606 | |
| Gross operating margin | 9900 | €7,016 | €3,083 | -€3,934 | -56.1% |
| Operating profit (loss) | 9901 | €7,016 | -€37,091 | -€44,107 | |
| Financial charges | 65/66B | €45 | €4,070 | +€4,025 | +8934.5% |
| Recurring financial charges | 65 | €45 | €4,070 | +€4,025 | +8934.5% |
| Profit (loss) for the period before taxes | 9903 | €6,971 | -€41,161 | -€48,132 | |
| Income taxes | 67/77 | €1,394 | - | -€1,394 | |
| Profit (loss) for the period | 9904 | €5,577 | -€41,161 | -€46,738 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,577 | -€41,161 | -€46,738 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.