MarTechnic: 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.
MarTechnic
Largest movements
- Tangible fixed assets +€5,166
up €5,166 (+134%), from €3,864 to €9,030
- Cash +€4,858
up €4,858 (+14.3%), from €33,909 to €38,768
mainly Net result for the year (+€10,157) and Depreciation (+€2,884)
- Receivables within one year -€1,416
down €1,416 (-11.9%), from €11,884 to €10,467
of which Other amounts receivable: -€1,131
- Deferred charges and accrued income +€1,205
up €1,205 (+105%), from €1,145 to €2,350
- Profit (loss) carried forward +€10,157
up €10,157 (+28.2%), from €35,989 to €46,146
- Tax, wage and social debts -€1,046
down €1,046 (-13.0%), from €8,019 to €6,973
of which Remuneration and social security: -€2,250
- Depreciation +€1,253
up €1,253 (+76.9%), from €1,631 to €2,884
- Financial charges -€302
down €302 (-17.4%), from €1,736 to €1,434
- Taxes -€266
down €266 (-8.3%), from €3,222 to €2,956
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 | €50,802 | €60,615 | +€9,813 | +19.3% |
| Fixed assets | 21/28 | €3,864 | €9,030 | +€5,166 | +134% |
| Tangible fixed assets | 22/27 | €3,864 | €9,030 | +€5,166 | +134% |
| Plant, machinery and equipment | 23 | €3,864 | €9,030 | +€5,166 | +134% |
| Current assets | 29/58 | €46,938 | €51,585 | +€4,647 | +9.9% |
| Amounts receivable within one year | 40/41 | €11,884 | €10,467 | -€1,416 | -11.9% |
| Trade receivables | 40 | €9,709 | €9,423 | -€286 | -2.9% |
| Other amounts receivable | 41 | €2,175 | €1,044 | -€1,131 | -52.0% |
| Cash at bank and in hand | 54/58 | €33,909 | €38,768 | +€4,858 | +14.3% |
| Deferred charges and accrued income | 490/1 | €1,145 | €2,350 | +€1,205 | +105% |
| Total equity and liabilities | 10/49 | €50,802 | €60,615 | +€9,813 | +19.3% |
| Equity | 10/15 | €36,089 | €46,246 | +€10,157 | +28.1% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,989 | €46,146 | +€10,157 | +28.2% |
| Amounts payable | 17/49 | €14,713 | €14,369 | -€343 | -2.3% |
| Amounts payable within one year | 42/48 | €14,629 | €14,278 | -€351 | -2.4% |
| Trade debts | 44 | €1,377 | €1,517 | +€140 | +10.2% |
| Suppliers | 440/4 | €1,377 | €1,517 | +€140 | +10.2% |
| Taxes, remuneration and social security | 45 | €8,019 | €6,973 | -€1,046 | -13.0% |
| Taxes | 450/3 | €5,769 | €6,973 | +€1,204 | +20.9% |
| Remuneration and social security | 454/9 | €2,250 | €0 | -€2,250 | -100% |
| Other amounts payable | 47/48 | €5,233 | €5,788 | +€555 | +10.6% |
| Accrued charges and deferred income | 492/3 | €84 | €91 | +€8 | +9.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,631 | €2,884 | +€1,253 | +76.9% |
| Other operating charges | 640/8 | €623 | €627 | +€4 | +0.7% |
| Non-recurring operating charges | 66A | - | €619 | +€619 | |
| Gross operating margin | 9900 | €18,602 | €18,677 | +€75 | +0.4% |
| Operating profit (loss) | 9901 | €16,349 | €14,546 | -€1,802 | -11.0% |
| Financial charges | 65/66B | €1,736 | €1,434 | -€302 | -17.4% |
| Recurring financial charges | 65 | €1,736 | €1,434 | -€302 | -17.4% |
| Profit (loss) for the period before taxes | 9903 | €14,613 | €13,113 | -€1,500 | -10.3% |
| Income taxes | 67/77 | €3,222 | €2,956 | -€266 | -8.3% |
| Profit (loss) for the period | 9904 | €11,391 | €10,157 | -€1,234 | -10.8% |
| Profit (loss) for the period to be appropriated | 9905 | €11,391 | €10,157 | -€1,234 | -10.8% |
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 14 October 2026 via checked.be.