MARTINEZ GEMA: what changed
MARTINEZ GEMA
Largest movements
- Cash +€5,771
up €5,771 (+77.7%), from €7,424 to €13,195
mainly Net result for the year (+€5,444) and Stocks and contracts (+€865)
- Stocks and contracts -€865
down €865 (-3.3%), from €26,174 to €25,309
- Profit (loss) carried forward +€5,444
up €5,444 (+543%), from €1,002 to €6,446
- Other debts -€878
down €878 (-7.3%), from €11,954 to €11,076
- Gross operating margin +€5,673
up €5,673 (+2,351%), from €241 to €5,915
- Other operating charges -€97
down €97 (-59.6%), from €163 to €66
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 | €34,956 | €39,522 | +€4,566 | +13.1% |
| Fixed assets | 21/28 | €741 | €556 | -€185 | -25.0% |
| Tangible fixed assets | 22/27 | €741 | €556 | -€185 | -25.0% |
| Plant, machinery and equipment | 23 | €741 | €556 | -€185 | -25.0% |
| Current assets | 29/58 | €34,215 | €38,966 | +€4,751 | +13.9% |
| Stocks and contracts in progress | 3 | €26,174 | €25,309 | -€865 | -3.3% |
| Stocks | 30/36 | €26,174 | €25,309 | -€865 | -3.3% |
| Amounts receivable within one year | 40/41 | €564 | €408 | -€156 | -27.7% |
| Other amounts receivable | 41 | €564 | €408 | -€156 | -27.7% |
| Cash at bank and in hand | 54/58 | €7,424 | €13,195 | +€5,771 | +77.7% |
| Deferred charges and accrued income | 490/1 | €53 | €54 | +€1 | +2.0% |
| Total equity and liabilities | 10/49 | €34,956 | €39,522 | +€4,566 | +13.1% |
| Equity | 10/15 | €23,002 | €28,446 | +€5,444 | +23.7% |
| Reserves | 13 | €22,000 | €22,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €20,000 | €20,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €20,000 | €20,000 | = | 0.0% |
| Distributable reserves | 133 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,002 | €6,446 | +€5,444 | +543% |
| Amounts payable | 17/49 | €11,954 | €11,076 | -€878 | -7.3% |
| Amounts payable within one year | 42/48 | €11,954 | €11,076 | -€878 | -7.3% |
| Other amounts payable | 47/48 | €11,954 | €11,076 | -€878 | -7.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €185 | €185 | = | 0.0% |
| Other operating charges | 640/8 | €163 | €66 | -€97 | -59.6% |
| Gross operating margin | 9900 | €241 | €5,915 | +€5,673 | +2,351% |
| Operating profit (loss) | 9901 | -€106 | €5,664 | +€5,770 | |
| Financial income | 75/76B | €2 | €18 | +€16 | +917% |
| Recurring financial income | 75 | €2 | €18 | +€16 | +917% |
| Financial charges | 65/66B | €192 | €237 | +€45 | +23.7% |
| Recurring financial charges | 65 | €192 | €237 | +€45 | +23.7% |
| Profit (loss) for the period before taxes | 9903 | -€296 | €5,444 | +€5,741 | |
| Profit (loss) for the period | 9904 | -€296 | €5,444 | +€5,741 | |
| Profit (loss) for the period to be appropriated | 9905 | -€296 | €5,444 | +€5,741 |
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 4 November 2026 via checked.be.