MARTIN TRANSMISSIONS: 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.
MARTIN TRANSMISSIONS
Largest movements
- Tangible fixed assets -€19,935
down €19,935 (-17.0%), from €117,124 to €97,189
of which Land and buildings: -€18,895
- Cash +€5,326
up €5,326 (+50.3%), from €10,585 to €15,910
mainly Depreciation (+€19,935) and Net result for the year (+€5,736)
- Accrued charges and deferred income -€10,298
no longer reported in 2025 (was €10,298)
- Reserves +€5,736
up €5,736 (+3.4%), from €166,726 to €172,462
of which Distributable reserves: +€5,736
- Gross operating margin -€28,364
down €28,364 (-51.1%), from €55,498 to €27,134
- Financial charges -€14,706
down €14,706 (-99.5%), from €14,780 to €74
- Financial income -€7,663
down €7,663 (-45.1%), from €16,994 to €9,331
- Taxes -€5,525
down €5,525 (-70.3%), from €7,859 to €2,335
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 | €465,525 | €455,199 | -€10,326 | -2.2% |
| Fixed assets | 21/28 | €117,124 | €97,189 | -€19,935 | -17.0% |
| Tangible fixed assets | 22/27 | €117,124 | €97,189 | -€19,935 | -17.0% |
| Land and buildings | 22 | €113,019 | €94,124 | -€18,895 | -16.7% |
| Plant, machinery and equipment | 23 | €4,105 | €3,065 | -€1,040 | -25.3% |
| Current assets | 29/58 | €348,401 | €358,009 | +€9,609 | +2.8% |
| Amounts receivable within one year | 40/41 | €335,173 | €339,383 | +€4,210 | +1.3% |
| Trade receivables | 40 | €14,260 | €2,710 | -€11,550 | -81.0% |
| Other amounts receivable | 41 | €320,913 | €336,673 | +€15,760 | +4.9% |
| Cash at bank and in hand | 54/58 | €10,585 | €15,910 | +€5,326 | +50.3% |
| Deferred charges and accrued income | 490/1 | €2,643 | €2,716 | +€73 | +2.8% |
| Total equity and liabilities | 10/49 | €465,525 | €455,199 | -€10,326 | -2.2% |
| Equity | 10/15 | €228,726 | €234,462 | +€5,736 | +2.5% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €166,726 | €172,462 | +€5,736 | +3.4% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €160,526 | €166,262 | +€5,736 | +3.6% |
| Amounts payable | 17/49 | €236,798 | €220,737 | -€16,062 | -6.8% |
| Amounts payable within one year | 42/48 | €226,501 | €220,737 | -€5,764 | -2.5% |
| Trade debts | 44 | €11,052 | €8,232 | -€2,820 | -25.5% |
| Suppliers | 440/4 | €11,052 | €8,232 | -€2,820 | -25.5% |
| Taxes, remuneration and social security | 45 | €5,144 | €544 | -€4,599 | -89.4% |
| Taxes | 450/3 | €5,144 | €544 | -€4,599 | -89.4% |
| Other amounts payable | 47/48 | €210,305 | €211,960 | +€1,655 | +0.8% |
| Accrued charges and deferred income | 492/3 | €10,298 | - | -€10,298 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,935 | €19,935 | = | 0.0% |
| Other operating charges | 640/8 | €8,417 | €8,387 | -€30 | -0.4% |
| Gross operating margin | 9900 | €55,498 | €27,134 | -€28,364 | -51.1% |
| Operating profit (loss) | 9901 | €27,147 | -€1,187 | -€28,334 | |
| Financial income | 75/76B | €16,994 | €9,331 | -€7,663 | -45.1% |
| Recurring financial income | 75 | €16,994 | €9,331 | -€7,663 | -45.1% |
| Financial charges | 65/66B | €14,780 | €74 | -€14,706 | -99.5% |
| Recurring financial charges | 65 | €14,780 | €74 | -€14,706 | -99.5% |
| Profit (loss) for the period before taxes | 9903 | €29,361 | €8,070 | -€21,290 | -72.5% |
| Income taxes | 67/77 | €7,859 | €2,335 | -€5,525 | -70.3% |
| Profit (loss) for the period | 9904 | €21,501 | €5,736 | -€15,766 | -73.3% |
| Profit (loss) for the period to be appropriated | 9905 | €21,501 | €5,736 | -€15,766 | -73.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.