MARTENS PLASTICS: 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 PLASTICS
Largest movements
- Receivables within one year +€26,652
up €26,652 (+10.7%), from €249,250 to €275,903
of which Trade receivables: +€21,956
- Cash +€8,436
up €8,436 (+31.4%), from €26,895 to €35,332
mainly Tax, wage and social debts (+€15,820) and Net result for the year (+€15,678)
- Tax, wage and social debts +€15,820
up €15,820 (+37.4%), from €42,347 to €58,167
of which Taxes: +€18,244
- Reserves +€15,678
up €15,678 (+10.1%), from €155,356 to €171,034
of which Distributable reserves: +€15,678
- Trade debts +€3,599
up €3,599 (+105%), from €3,442 to €7,041
- Gross operating margin +€32,147
up €32,147 (+8.7%), from €369,346 to €401,493
- Taxes +€30,114
up €30,114, from -€966 to €29,148
- Turnover +€27,054
up €27,054 (+6.3%), from €428,000 to €455,054
- Staff costs +€8,146
up €8,146 (+2.3%), from €348,096 to €356,242
- Purchases and services -€5,129
down €5,129 (-7.4%), from €69,503 to €64,373
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 | €276,146 | €311,242 | +€35,097 | +12.7% |
| Current assets | 29/58 | €276,146 | €311,242 | +€35,097 | +12.7% |
| Amounts receivable within one year | 40/41 | €249,250 | €275,903 | +€26,652 | +10.7% |
| Trade receivables | 40 | €243,677 | €265,633 | +€21,956 | +9.0% |
| Other amounts receivable | 41 | €5,574 | €10,270 | +€4,696 | +84.3% |
| Cash at bank and in hand | 54/58 | €26,895 | €35,332 | +€8,436 | +31.4% |
| Deferred charges and accrued income | 490/1 | - | €8 | +€8 | |
| Total equity and liabilities | 10/49 | €276,146 | €311,242 | +€35,097 | +12.7% |
| Equity | 10/15 | €230,356 | €246,034 | +€15,678 | +6.8% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Capital | 10 | €75,000 | €75,000 | = | 0.0% |
| Issued capital | 100 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €155,356 | €171,034 | +€15,678 | +10.1% |
| Non-distributable reserves | 130/1 | €7,500 | €7,500 | = | 0.0% |
| Legal reserve | 130 | €7,500 | €7,500 | = | 0.0% |
| Distributable reserves | 133 | €147,856 | €163,534 | +€15,678 | +10.6% |
| Amounts payable | 17/49 | €45,790 | €65,208 | +€19,419 | +42.4% |
| Amounts payable within one year | 42/48 | €45,790 | €65,208 | +€19,419 | +42.4% |
| Trade debts | 44 | €3,442 | €7,041 | +€3,599 | +105% |
| Suppliers | 440/4 | €3,442 | €7,041 | +€3,599 | +105% |
| Taxes, remuneration and social security | 45 | €42,347 | €58,167 | +€15,820 | +37.4% |
| Taxes | 450/3 | €2,351 | €20,595 | +€18,244 | +776% |
| Remuneration and social security | 454/9 | €39,996 | €37,572 | -€2,425 | -6.1% |
| Turnover | 70 | €428,000 | €455,054 | +€27,054 | +6.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €69,503 | €64,373 | -€5,129 | -7.4% |
| Remuneration, social security and pensions | 62 | €348,096 | €356,242 | +€8,146 | +2.3% |
| Other operating charges | 640/8 | €521 | €120 | -€401 | -77.0% |
| Gross operating margin | 9900 | €369,346 | €401,493 | +€32,147 | +8.7% |
| Operating profit (loss) | 9901 | €20,729 | €45,131 | +€24,402 | +118% |
| Financial charges | 65/66B | €324 | €305 | -€19 | -5.8% |
| Recurring financial charges | 65 | €324 | €305 | -€19 | -5.8% |
| Profit (loss) for the period before taxes | 9903 | €20,405 | €44,826 | +€24,421 | +120% |
| Income taxes | 67/77 | -€966 | €29,148 | +€30,114 | |
| Profit (loss) for the period | 9904 | €21,371 | €15,678 | -€5,693 | -26.6% |
| Profit (loss) for the period to be appropriated | 9905 | €21,371 | €15,678 | -€5,693 | -26.6% |
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 27 October 2026 via checked.be.