MarTekin: 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.
MarTekin
Largest movements
- Receivables within one year -€2,662
down €2,662 (-45.5%), from €5,851 to €3,189
of which Trade receivables: -€1,517
- Cash -€2,394
down €2,394 (-75.8%), from €3,159 to €765
- Tangible fixed assets +€166
up €166 (+5.6%), from €2,957 to €3,123
- Profit (loss) carried forward -€5,309
new in 2025: -€5,309
- Other debts +€3,528
new in 2025: €3,528
- Tax, wage and social debts -€3,105
down €3,105 (-100.0%), from €3,105 to €0
- Turnover -€12,723
no longer reported in 2025 (was €12,723)
- Gross operating margin -€6,582
down €6,582 (-100.0%), from €6,582 to €0
- Purchases and services -€6,141
no longer reported in 2025 (was €6,141)
- Taxes -€2,070
no longer reported in 2025 (was €2,070)
From the 2023 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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €11,967 | €7,076 | -€4,891 | -40.9% |
| Fixed assets | 21/28 | €2,957 | €3,123 | +€166 | +5.6% |
| Tangible fixed assets | 22/27 | €2,957 | €3,123 | +€166 | +5.6% |
| Furniture and vehicles | 24 | €2,957 | €3,123 | +€166 | +5.6% |
| Current assets | 29/58 | €9,010 | €3,953 | -€5,057 | -56.1% |
| Amounts receivable within one year | 40/41 | €5,851 | €3,189 | -€2,662 | -45.5% |
| Trade receivables | 40 | €2,354 | €837 | -€1,517 | -64.5% |
| Other amounts receivable | 41 | €3,497 | €2,352 | -€1,145 | -32.7% |
| Cash at bank and in hand | 54/58 | €3,159 | €765 | -€2,394 | -75.8% |
| Deferred charges and accrued income | 490/1 | - | €0 | = | |
| Total equity and liabilities | 10/49 | €11,967 | €7,076 | -€4,891 | -40.9% |
| Equity | 10/15 | €6,086 | €777 | -€5,309 | -87.2% |
| Contributions | 10/11 | €1,700 | €1,700 | = | 0.0% |
| Reserves | 13 | €4,386 | €4,386 | -€0 | 0.0% |
| Distributable reserves | 133 | €4,386 | €4,386 | -€0 | 0.0% |
| Profit (loss) carried forward | 14 | - | -€5,309 | -€5,309 | |
| Amounts payable | 17/49 | €5,881 | €6,299 | +€418 | +7.1% |
| Amounts payable within one year | 42/48 | €5,881 | €6,299 | +€418 | +7.1% |
| Trade debts | 44 | €2,776 | €2,771 | -€5 | -0.2% |
| Suppliers | 440/4 | €2,776 | €2,771 | -€5 | -0.2% |
| Taxes, remuneration and social security | 45 | €3,105 | €0 | -€3,105 | -100.0% |
| Taxes | 450/3 | €3,105 | €0 | -€3,105 | -100.0% |
| Other amounts payable | 47/48 | - | €3,528 | +€3,528 | |
| Turnover | 70 | €12,723 | - | -€12,723 | |
| Goods, raw materials, services and sundry goods | 60/61 | €6,141 | - | -€6,141 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €92 | €0 | -€92 | -100.0% |
| Other operating charges | 640/8 | - | €62 | +€62 | |
| Gross operating margin | 9900 | €6,582 | €0 | -€6,582 | -100.0% |
| Operating profit (loss) | 9901 | €6,490 | -€62 | -€6,552 | |
| Financial charges | 65/66B | €34 | €125 | +€91 | +266.9% |
| Recurring financial charges | 65 | €34 | €125 | +€91 | +266.9% |
| Profit (loss) for the period before taxes | 9903 | €6,456 | -€187 | -€6,643 | |
| Income taxes | 67/77 | €2,070 | - | -€2,070 | |
| Profit (loss) for the period | 9904 | €4,386 | -€187 | -€4,573 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,386 | -€187 | -€4,573 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 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.