MARTINS CORPORATE: 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.
MARTINS CORPORATE
Largest movements
- Cash +€16,044
up €16,044 (+63.7%), from €25,179 to €41,223
mainly Other debts (+€15,677) and Trade debts (+€11,672)
- Receivables within one year +€8,073
up €8,073 (+42.4%), from €19,030 to €27,103
- Other debts +€15,677
up €15,677 (+71.9%), from €21,809 to €37,486
- Trade debts +€11,672
up €11,672 (+103%), from €11,324 to €22,996
- Tax, wage and social debts -€2,198
down €2,198 (-56.1%), from €3,915 to €1,718
- Profit (loss) carried forward -€1,035
down €1,035 (-9.1%), from -€11,439 to -€12,474
- Gross operating margin -€11,799
down €11,799 (-87.8%), from €13,432 to €1,633
- Taxes +€2,282
new in 2024: €2,282
- Financial charges -€200
no longer reported in 2024 (was €200)
- Other operating charges +€184
up €184 (+90.3%), from €204 to €387
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €44,209 | €68,326 | +€24,117 | +54.6% |
| Current assets | 29/58 | €44,209 | €68,326 | +€24,117 | +54.6% |
| Amounts receivable within one year | 40/41 | €19,030 | €27,103 | +€8,073 | +42.4% |
| Trade receivables | 40 | €19,030 | €27,103 | +€8,073 | +42.4% |
| Cash at bank and in hand | 54/58 | €25,179 | €41,223 | +€16,044 | +63.7% |
| Total equity and liabilities | 10/49 | €44,209 | €68,326 | +€24,117 | +54.6% |
| Equity | 10/15 | €7,161 | €6,126 | -€1,035 | -14.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,439 | -€12,474 | -€1,035 | -9.1% |
| Amounts payable | 17/49 | €37,048 | €62,200 | +€25,152 | +67.9% |
| Amounts payable within one year | 42/48 | €37,048 | €62,200 | +€25,152 | +67.9% |
| Trade debts | 44 | €11,324 | €22,996 | +€11,672 | +103% |
| Suppliers | 440/4 | €11,324 | €22,996 | +€11,672 | +103% |
| Taxes, remuneration and social security | 45 | €3,915 | €1,718 | -€2,198 | -56.1% |
| Taxes | 450/3 | €3,915 | €1,718 | -€2,198 | -56.1% |
| Other amounts payable | 47/48 | €21,809 | €37,486 | +€15,677 | +71.9% |
| Other operating charges | 640/8 | €204 | €387 | +€184 | +90.3% |
| Gross operating margin | 9900 | €13,432 | €1,633 | -€11,799 | -87.8% |
| Operating profit (loss) | 9901 | €13,228 | €1,246 | -€11,982 | -90.6% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €200 | - | -€200 | |
| Recurring financial charges | 65 | €200 | - | -€200 | |
| Profit (loss) for the period before taxes | 9903 | €13,028 | €1,247 | -€11,782 | -90.4% |
| Income taxes | 67/77 | - | €2,282 | +€2,282 | |
| Profit (loss) for the period | 9904 | €13,028 | -€1,035 | -€14,064 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,028 | -€1,035 | -€14,064 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.