MARTIN HISSEL: what changed
What changed
MARTIN HISSEL
NACE 69.109, Other legal services
filed annual accounts (NBB)
Net result for the year
€236,241
2024 · €240,318-€4,076
Equity
€539,175
2024 · €402,934+€136,241
Cash
€435,663
2024 · €356,353+€79,311
Balance sheet total
€581,759
2024 · €478,708+€103,051
Largest movements
Assets
- Cash +€79,311
up €79,311 (+22.3%), from €356,353 to €435,663
mainly Net result for the year (+€236,241) and Receivables within one year (+€12,815)
- Deferred charges and accrued income +€25,713
up €25,713 (+27.3%), from €94,356 to €120,070
- Receivables within one year -€12,815
down €12,815 (-64.6%), from €19,843 to €7,028
of which Trade receivables: -€14,597
- Financial fixed assets +€12,500
up €12,500 (+500%), from €2,500 to €15,000
Equity and liabilities
- Reserves +€136,000
up €136,000 (+37.0%), from €368,000 to €504,000
- Tax, wage and social debts -€42,859
down €42,859 (-67.1%), from €63,859 to €21,000
- Other debts +€6,542
up €6,542 (+423%), from €1,546 to €8,088
Income statement
- Gross operating margin -€6,641
down €6,641 (-2.1%), from €319,703 to €313,063
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.
Result 2024
€240,318
Gross operating margin
-€6,641
Depreciation
-€158
Other operating charges
+€248
Financial income
+€1,173
Financial charges
-€183
Taxes
+€1,483
Result 2025
€236,241
raises the resultlowers the result
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.
From operations
+€195,598
Investment
-€13,821
Financing
-€102,465
Cash 2024
€356,353
From operations (derived)
+€195,598
Net result for the year
+€236,241
Depreciation
+€2,979
Receivables within one year
+€12,815
Deferred charges and accrued income
-€25,713
Trade debts
+€5,591
Tax, wage and social debts
-€42,859
Other debts
+€6,542
Accrued charges and deferred income
+€1
Investment (derived)
-€13,821
Investment in fixed assets (net)
-€13,821
Financing
-€102,465
Short-term financial debts
-€2,465
Contributions, distributions and other
-€100,000
Cash 2025
€435,663
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €478,708 | €581,759 | +€103,051 | +21.5% |
| Fixed assets | 21/28 | €8,156 | €18,999 | +€10,842 | +133% |
| Tangible fixed assets | 22/27 | €5,656 | €3,999 | -€1,658 | -29.3% |
| Furniture and vehicles | 24 | €5,656 | €3,999 | -€1,658 | -29.3% |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Financial fixed assets | 28 | €2,500 | €15,000 | +€12,500 | +500% |
| Current assets | 29/58 | €470,552 | €562,761 | +€92,209 | +19.6% |
| Amounts receivable within one year | 40/41 | €19,843 | €7,028 | -€12,815 | -64.6% |
| Trade receivables | 40 | €18,214 | €3,617 | -€14,597 | -80.1% |
| Other amounts receivable | 41 | €1,629 | €3,411 | +€1,782 | +109% |
| Cash at bank and in hand | 54/58 | €356,353 | €435,663 | +€79,311 | +22.3% |
| Deferred charges and accrued income | 490/1 | €94,356 | €120,070 | +€25,713 | +27.3% |
| Total equity and liabilities | 10/49 | €478,708 | €581,759 | +€103,051 | +21.5% |
| Equity | 10/15 | €402,934 | €539,175 | +€136,241 | +33.8% |
| Contributions | 10/11 | €34,260 | €34,260 | = | 0.0% |
| Reserves | 13 | €368,000 | €504,000 | +€136,000 | +37.0% |
| Distributable reserves | 133 | €368,000 | €504,000 | +€136,000 | +37.0% |
| Profit (loss) carried forward | 14 | €674 | €915 | +€241 | +35.8% |
| Amounts payable | 17/49 | €75,775 | €42,584 | -€33,190 | -43.8% |
| Amounts payable within one year | 42/48 | €75,709 | €42,517 | -€33,191 | -43.8% |
| Financial debts | 43 | €4,122 | €1,656 | -€2,465 | -59.8% |
| Credit institutions | 430/8 | €4,122 | €1,656 | -€2,465 | -59.8% |
| Trade debts | 44 | €6,183 | €11,774 | +€5,591 | +90.4% |
| Suppliers | 440/4 | €6,183 | €11,774 | +€5,591 | +90.4% |
| Taxes, remuneration and social security | 45 | €63,859 | €21,000 | -€42,859 | -67.1% |
| Taxes | 450/3 | €63,859 | €21,000 | -€42,859 | -67.1% |
| Other amounts payable | 47/48 | €1,546 | €8,088 | +€6,542 | +423% |
| Accrued charges and deferred income | 492/3 | €66 | €67 | +€1 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,821 | €2,979 | +€158 | +5.6% |
| Other operating charges | 640/8 | €1,005 | €756 | -€248 | -24.7% |
| Gross operating margin | 9900 | €319,703 | €313,063 | -€6,641 | -2.1% |
| Operating profit (loss) | 9901 | €315,878 | €309,327 | -€6,550 | -2.1% |
| Financial income | 75/76B | €870 | €2,043 | +€1,173 | +135% |
| Recurring financial income | 75 | €870 | €2,043 | +€1,173 | +135% |
| Financial charges | 65/66B | €298 | €481 | +€183 | +61.5% |
| Recurring financial charges | 65 | €298 | €481 | +€183 | +61.5% |
| Profit (loss) for the period before taxes | 9903 | €316,450 | €310,890 | -€5,560 | -1.8% |
| Income taxes | 67/77 | €76,132 | €74,648 | -€1,483 | -1.9% |
| Profit (loss) for the period | 9904 | €240,318 | €236,241 | -€4,076 | -1.7% |
| Profit (loss) for the period to be appropriated | 9905 | €240,318 | €236,241 | -€4,076 | -1.7% |
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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 1 November 2026 via checked.be.