MARTENS INFORMATION TECHNOLOGY SERVICES: 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 INFORMATION TECHNOLOGY SERVICES
Largest movements
- Cash -€24,649
down €24,649 (-58.3%), from €42,304 to €17,655
mainly Contributions, distributions and other (-€72,000) and Other debts (-€38,351)
- Current investments -€22,511
down €22,511 (-2.8%), from €815,326 to €792,815
- Other debts -€38,351
down €38,351 (-39.9%), from €96,194 to €57,843
- Tax, wage and social debts -€18,861
down €18,861 (-47.7%), from €39,539 to €20,678
- Profit (loss) carried forward +€10,334
up €10,334 (+1.7%), from €610,760 to €621,094
- Financial income -€22,736
down €22,736 (-72.1%), from €31,516 to €8,780
- Gross operating margin -€10,529
down €10,529 (-8.3%), from €126,804 to €116,275
- Turnover -€6,007
down €6,007 (-3.6%), from €169,108 to €163,101
- Purchases and services +€4,522
up €4,522 (+10.7%), from €42,304 to €46,826
- Taxes -€3,653
down €3,653 (-11.0%), from €33,189 to €29,536
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 | €858,287 | €811,391 | -€46,896 | -5.5% |
| Current assets | 29/58 | €858,287 | €811,391 | -€46,896 | -5.5% |
| Amounts receivable within one year | 40/41 | €657 | €921 | +€264 | +40.1% |
| Other amounts receivable | 41 | €657 | €921 | +€264 | +40.1% |
| Current investments | 50/53 | €815,326 | €792,815 | -€22,511 | -2.8% |
| Cash at bank and in hand | 54/58 | €42,304 | €17,655 | -€24,649 | -58.3% |
| Total equity and liabilities | 10/49 | €858,287 | €811,391 | -€46,896 | -5.5% |
| Equity | 10/15 | €721,786 | €732,120 | +€10,334 | +1.4% |
| Reserves | 13 | €111,025 | €111,025 | = | 0.0% |
| Tax-exempt reserves | 132 | €44 | €44 | = | 0.0% |
| Distributable reserves | 133 | €110,982 | €110,982 | = | 0.0% |
| Profit (loss) carried forward | 14 | €610,760 | €621,094 | +€10,334 | +1.7% |
| Amounts payable | 17/49 | €136,501 | €79,271 | -€57,230 | -41.9% |
| Amounts payable within one year | 42/48 | €136,501 | €79,271 | -€57,230 | -41.9% |
| Trade debts | 44 | €768 | €751 | -€17 | -2.3% |
| Suppliers | 440/4 | €768 | €751 | -€17 | -2.3% |
| Taxes, remuneration and social security | 45 | €39,539 | €20,678 | -€18,861 | -47.7% |
| Taxes | 450/3 | €39,539 | €20,678 | -€18,861 | -47.7% |
| Other amounts payable | 47/48 | €96,194 | €57,843 | -€38,351 | -39.9% |
| Turnover | 70 | €169,108 | €163,101 | -€6,007 | -3.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €42,304 | €46,826 | +€4,522 | +10.7% |
| Remuneration, social security and pensions | 62 | €9,358 | €9,460 | +€102 | +1.1% |
| Other operating charges | 640/8 | €1,253 | €1,186 | -€66 | -5.3% |
| Gross operating margin | 9900 | €126,804 | €116,275 | -€10,529 | -8.3% |
| Operating profit (loss) | 9901 | €116,194 | €105,629 | -€10,564 | -9.1% |
| Financial income | 75/76B | €31,516 | €8,780 | -€22,736 | -72.1% |
| Recurring financial income | 75 | €31,516 | €8,780 | -€22,736 | -72.1% |
| Financial charges | 65/66B | €408 | €2,540 | +€2,131 | +522% |
| Recurring financial charges | 65 | €408 | €2,540 | +€2,131 | +522% |
| Profit (loss) for the period before taxes | 9903 | €147,302 | €111,870 | -€35,432 | -24.1% |
| Income taxes | 67/77 | €33,189 | €29,536 | -€3,653 | -11.0% |
| Profit (loss) for the period | 9904 | €114,113 | €82,334 | -€31,779 | -27.8% |
| Profit (loss) for the period to be appropriated | 9905 | €114,113 | €82,334 | -€31,779 | -27.8% |
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 29 October 2026 via checked.be.