MARTENS J-C: what changed
MARTENS J-C
Largest movements
- Cash +€23,567
up €23,567 (+447%), from €5,278 to €28,845
mainly Net result for the year (+€16,571) and Other debts (+€14,000)
- Receivables within one year +€6,468
up €6,468 (+30.2%), from €21,399 to €27,868
of which Other amounts receivable: +€4,331
- Tangible fixed assets -€3,130
down €3,130 (-34.0%), from €9,194 to €6,064
of which Furniture and vehicles: -€2,075
- Deferred charges and accrued income +€1,354
up €1,354 (+510%), from €265 to €1,620
- Other debts +€14,000
up €14,000, from €0 to €14,000
- Trade debts +€8,351
up €8,351 (+1,503%), from €555 to €8,907
- Tax, wage and social debts +€5,158
up €5,158 (+143%), from €3,611 to €8,769
of which Taxes: +€6,660
- Turnover +€38,957
up €38,957 (+29.2%), from €133,521 to €172,478
- Gross operating margin +€29,292
up €29,292 (+168%), from €17,405 to €46,698
- Staff costs +€9,875
up €9,875 (+102%), from €9,676 to €19,552
- Purchases and services +€9,738
up €9,738 (+8.1%), from €119,686 to €129,424
- Taxes +€6,443
up €6,443, from -€1,334 to €5,109
Change in the result, 2024 to 2025
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 2024 and 2025 balance sheets and the 2025 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 | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €36,473 | €64,733 | +€28,260 | +77.5% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €9,531 | €6,401 | -€3,130 | -32.8% |
| Tangible fixed assets | 22/27 | €9,194 | €6,064 | -€3,130 | -34.0% |
| Land and buildings | 22 | €2,827 | €1,567 | -€1,260 | -44.6% |
| Plant, machinery and equipment | 23 | €1,995 | €2,200 | +€205 | +10.3% |
| Furniture and vehicles | 24 | €4,371 | €2,297 | -€2,075 | -47.5% |
| Financial fixed assets | 28 | €337 | €337 | = | 0.0% |
| Current assets | 29/58 | €26,942 | €58,332 | +€31,390 | +117% |
| Amounts receivable within one year | 40/41 | €21,399 | €27,868 | +€6,468 | +30.2% |
| Trade receivables | 40 | €10,092 | €12,229 | +€2,138 | +21.2% |
| Other amounts receivable | 41 | €11,308 | €15,638 | +€4,331 | +38.3% |
| Cash at bank and in hand | 54/58 | €5,278 | €28,845 | +€23,567 | +447% |
| Deferred charges and accrued income | 490/1 | €265 | €1,620 | +€1,354 | +510% |
| Total equity and liabilities | 10/49 | €36,473 | €64,733 | +€28,260 | +77.5% |
| Equity | 10/15 | €32,306 | €32,778 | +€471 | +1.5% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,901 | €12,373 | +€471 | +4.0% |
| Amounts payable | 17/49 | €4,167 | €31,955 | +€27,789 | +667% |
| Amounts payable within one year | 42/48 | €4,167 | €31,676 | +€27,509 | +660% |
| Trade debts | 44 | €555 | €8,907 | +€8,351 | +1,503% |
| Suppliers | 440/4 | €555 | €8,907 | +€8,351 | +1,503% |
| Taxes, remuneration and social security | 45 | €3,611 | €8,769 | +€5,158 | +143% |
| Taxes | 450/3 | €1,762 | €8,421 | +€6,660 | +378% |
| Remuneration and social security | 454/9 | €1,850 | €348 | -€1,502 | -81.2% |
| Other amounts payable | 47/48 | €0 | €14,000 | +€14,000 | |
| Accrued charges and deferred income | 492/3 | - | €279 | +€279 | |
| Turnover | 70 | €133,521 | €172,478 | +€38,957 | +29.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €119,686 | €129,424 | +€9,738 | +8.1% |
| Remuneration, social security and pensions | 62 | €9,676 | €19,552 | +€9,875 | +102% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,059 | €4,451 | +€392 | +9.7% |
| Other operating charges | 640/8 | €372 | €1,225 | +€853 | +230% |
| Gross operating margin | 9900 | €17,405 | €46,698 | +€29,292 | +168% |
| Operating profit (loss) | 9901 | €3,299 | €21,470 | +€18,171 | +551% |
| Financial income | 75/76B | €538 | €790 | +€252 | +46.8% |
| Recurring financial income | 75 | €538 | €790 | +€252 | +46.8% |
| Financial charges | 65/66B | €740 | €579 | -€162 | -21.8% |
| Recurring financial charges | 65 | €740 | €579 | -€162 | -21.8% |
| Profit (loss) for the period before taxes | 9903 | €3,096 | €21,681 | +€18,585 | +600% |
| Income taxes | 67/77 | -€1,334 | €5,109 | +€6,443 | |
| Profit (loss) for the period | 9904 | €4,430 | €16,571 | +€12,141 | +274% |
| Profit (loss) for the period to be appropriated | 9905 | €4,430 | €16,571 | +€12,141 | +274% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.