MARTENS H&P: what changed
MARTENS H&P
Largest movements
- Receivables within one year +€10,458
up €10,458 (+9.3%), from €112,438 to €122,896
of which Trade receivables: +€10,358
- Cash -€2,409
down €2,409 (-16.9%), from €14,237 to €11,828
mainly Receivables within one year (-€10,458) and Trade debts (-€731)
- Reserves +€5,609
up €5,609 (+25.4%), from €22,123 to €27,732
of which Distributable reserves: +€5,609
- Tax, wage and social debts +€3,271
up €3,271 (+54.7%), from €5,979 to €9,250
- Gross operating margin +€3,662
up €3,662 (+74.8%), from €4,898 to €8,560
- Taxes +€1,645
up €1,645 (+141%), from €1,162 to €2,807
- Other operating charges -€366
down €366 (-75.0%), from €488 to €122
Change in the result, 2022 to 2023
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2022 and 2023 balance sheets and the 2023 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €126,675 | €134,724 | +€8,049 | +6.4% |
| Current assets | 29/58 | €126,675 | €134,724 | +€8,049 | +6.4% |
| Amounts receivable within one year | 40/41 | €112,438 | €122,896 | +€10,458 | +9.3% |
| Trade receivables | 40 | €80,483 | €90,840 | +€10,358 | +12.9% |
| Other amounts receivable | 41 | €31,956 | €32,056 | +€100 | +0.3% |
| Cash at bank and in hand | 54/58 | €14,237 | €11,828 | -€2,409 | -16.9% |
| Total equity and liabilities | 10/49 | €126,675 | €134,724 | +€8,049 | +6.4% |
| Equity | 10/15 | €40,723 | €46,332 | +€5,609 | +13.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €22,123 | €27,732 | +€5,609 | +25.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €20,263 | €25,872 | +€5,609 | +27.7% |
| Amounts payable | 17/49 | €85,952 | €88,392 | +€2,440 | +2.8% |
| Amounts payable within one year | 42/48 | €85,952 | €88,392 | +€2,440 | +2.8% |
| Trade debts | 44 | €57,349 | €56,618 | -€731 | -1.3% |
| Suppliers | 440/4 | €57,349 | €56,618 | -€731 | -1.3% |
| Taxes, remuneration and social security | 45 | €5,979 | €9,250 | +€3,271 | +54.7% |
| Taxes | 450/3 | €5,979 | €9,250 | +€3,271 | +54.7% |
| Other amounts payable | 47/48 | €22,624 | €22,524 | -€100 | -0.4% |
| Other operating charges | 640/8 | €488 | €122 | -€366 | -75.0% |
| Gross operating margin | 9900 | €4,898 | €8,560 | +€3,662 | +74.8% |
| Operating profit (loss) | 9901 | €4,411 | €8,438 | +€4,027 | +91.3% |
| Financial charges | 65/66B | €56 | €23 | -€33 | -59.5% |
| Recurring financial charges | 65 | €56 | €23 | -€33 | -59.5% |
| Profit (loss) for the period before taxes | 9903 | €4,355 | €8,416 | +€4,061 | +93.2% |
| Income taxes | 67/77 | €1,162 | €2,807 | +€1,645 | +141% |
| Profit (loss) for the period | 9904 | €3,193 | €5,609 | +€2,416 | +75.7% |
| Profit (loss) for the period to be appropriated | 9905 | €3,193 | €5,609 | +€2,416 | +75.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2022 and 30 June 2023. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.