MARTENS CONSULTING: 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.
MARTENS CONSULTING
Largest movements
- Stocks and contracts +€383,791
up €383,791 (+1,505%), from €25,500 to €409,291
- Tangible fixed assets -€30,533
down €30,533 (-2.7%), from €1.2m to €1.1m
of which Land and buildings: -€20,045
- Debts after one year +€310,732
up €310,732 (+48.3%), from €643,905 to €954,637
- Short-term financial debts +€44,474
up €44,474 (+135%), from €33,043 to €77,516
- Other operating charges +€20,222
up €20,222 (+741%), from €2,729 to €22,950
- Gross operating margin +€12,412
up €12,412 (+16.3%), from €76,216 to €88,628
- Financial income +€11,634
up €11,634 (+40,748%), from €29 to €11,662
of which Non-recurring financial income: +€11,656
- Depreciation +€4,265
up €4,265 (+8.7%), from €49,011 to €53,276
- Financial charges +€2,611
up €2,611 (+13.8%), from €18,974 to €21,585
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 | €1,222,080 | €1,582,030 | +€359,950 | +29.5% |
| Fixed assets | 21/28 | €1,150,871 | €1,120,282 | -€30,589 | -2.7% |
| Tangible fixed assets | 22/27 | €1,150,815 | €1,120,282 | -€30,533 | -2.7% |
| Land and buildings | 22 | €1,086,542 | €1,066,497 | -€20,045 | -1.8% |
| Plant, machinery and equipment | 23 | €12,791 | €10,670 | -€2,121 | -16.6% |
| Furniture and vehicles | 24 | €51,482 | €43,114 | -€8,368 | -16.3% |
| Financial fixed assets | 28 | €56 | €0 | -€56 | -100% |
| Current assets | 29/58 | €71,209 | €461,748 | +€390,539 | +548% |
| Stocks and contracts in progress | 3 | €25,500 | €409,291 | +€383,791 | +1,505% |
| Stocks | 30/36 | €25,500 | €409,291 | +€383,791 | +1,505% |
| Amounts receivable within one year | 40/41 | €43,017 | €46,586 | +€3,568 | +8.3% |
| Trade receivables | 40 | €42,790 | €46,266 | +€3,475 | +8.1% |
| Other amounts receivable | 41 | €227 | €320 | +€93 | +41.2% |
| Current investments | 50/53 | €1 | €1 | -€0 | -12.8% |
| Cash at bank and in hand | 54/58 | €513 | €3,396 | +€2,883 | +562% |
| Deferred charges and accrued income | 490/1 | €2,178 | €2,475 | +€297 | +13.6% |
| Total equity and liabilities | 10/49 | €1,222,080 | €1,582,030 | +€359,950 | +29.5% |
| Equity | 10/15 | €102,999 | €103,137 | +€138 | +0.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €84,399 | €84,537 | +€138 | +0.2% |
| Distributable reserves | 133 | €84,399 | €84,537 | +€138 | +0.2% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €1,119,081 | €1,478,893 | +€359,812 | +32.2% |
| Amounts payable after more than one year | 17 | €643,905 | €954,637 | +€310,732 | +48.3% |
| Financial debts | 170/4 | €643,905 | €954,637 | +€310,732 | +48.3% |
| Amounts payable within one year | 42/48 | €475,176 | €524,256 | +€49,080 | +10.3% |
| Current portion of amounts payable after more than one year | 42 | €55,680 | €56,446 | +€766 | +1.4% |
| Financial debts | 43 | €33,043 | €77,516 | +€44,474 | +135% |
| Credit institutions | 430/8 | €33,043 | €77,516 | +€44,474 | +135% |
| Trade debts | 44 | €19,412 | €31,524 | +€12,112 | +62.4% |
| Suppliers | 440/4 | €19,412 | €31,524 | +€12,112 | +62.4% |
| Taxes, remuneration and social security | 45 | €20,419 | €13,644 | -€6,775 | -33.2% |
| Taxes | 450/3 | €19,419 | €12,644 | -€6,775 | -34.9% |
| Remuneration and social security | 454/9 | €1,000 | €1,000 | = | 0.0% |
| Other amounts payable | 47/48 | €346,622 | €345,125 | -€1,497 | -0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,011 | €53,276 | +€4,265 | +8.7% |
| Other operating charges | 640/8 | €2,729 | €22,950 | +€20,222 | +741% |
| Gross operating margin | 9900 | €76,216 | €88,628 | +€12,412 | +16.3% |
| Operating profit (loss) | 9901 | €24,477 | €12,402 | -€12,075 | -49.3% |
| Financial income | 75/76B | €29 | €11,662 | +€11,634 | +40,748% |
| Recurring financial income | 75 | €29 | €6 | -€23 | -78.9% |
| Non-recurring financial income | 76B | €0 | €11,656 | +€11,656 | |
| Financial charges | 65/66B | €18,974 | €21,585 | +€2,611 | +13.8% |
| Recurring financial charges | 65 | €18,974 | €21,585 | +€2,611 | +13.8% |
| Profit (loss) for the period before taxes | 9903 | €5,532 | €2,479 | -€3,053 | -55.2% |
| Income taxes | 67/77 | €3,330 | €2,341 | -€989 | -29.7% |
| Profit (loss) for the period | 9904 | €2,202 | €138 | -€2,063 | -93.7% |
| Profit (loss) for the period to be appropriated | 9905 | €2,202 | €138 | -€2,063 | -93.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.