MARTINS & MORAES CONSTRUCTIONS: 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 & MORAES CONSTRUCTIONS
Largest movements
- Cash +€5,096
up €5,096 (+251%), from €2,026 to €7,123
mainly Net result for the year (+€15,053) and Trade debts (+€4,161)
- Accrued charges and deferred income -€20,000
no longer reported in 2024 (was €20,000)
- Profit (loss) carried forward +€15,053
up €15,053 (+16.2%), from €92,672 to €107,725
- Trade debts +€4,161
up €4,161 (+65.1%), from €6,389 to €10,551
- Tax, wage and social debts +€3,585
up €3,585 (+37.1%), from €9,675 to €13,260
- Turnover +€43,824
up €43,824 (+37.0%), from €118,523 to €162,347
- Purchases and services +€29,385
up €29,385 (+27.3%), from €107,657 to €137,042
- Gross operating margin +€14,439
up €14,439 (+133%), from €10,866 to €25,305
- Taxes +€4,204
up €4,204 (+97.9%), from €4,296 to €8,500
- Other operating charges +€1,690
up €1,690 (+45.1%), from €3,744 to €5,435
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 | €130,737 | €133,536 | +€2,799 | +2.1% |
| Fixed assets | 21/28 | €1,027 | €257 | -€770 | -75.0% |
| Tangible fixed assets | 22/27 | €1,027 | €257 | -€770 | -75.0% |
| Furniture and vehicles | 24 | €1,027 | €257 | -€770 | -75.0% |
| Current assets | 29/58 | €129,710 | €133,279 | +€3,569 | +2.8% |
| Amounts receivable within one year | 40/41 | €127,038 | €126,156 | -€882 | -0.7% |
| Trade receivables | 40 | €2,331 | €596 | -€1,735 | -74.4% |
| Other amounts receivable | 41 | €124,707 | €125,560 | +€853 | +0.7% |
| Cash at bank and in hand | 54/58 | €2,026 | €7,123 | +€5,096 | +251% |
| Deferred charges and accrued income | 490/1 | €645 | - | -€645 | |
| Total equity and liabilities | 10/49 | €130,737 | €133,536 | +€2,799 | +2.1% |
| Equity | 10/15 | €94,672 | €109,725 | +€15,053 | +15.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €92,672 | €107,725 | +€15,053 | +16.2% |
| Amounts payable | 17/49 | €36,065 | €23,811 | -€12,254 | -34.0% |
| Amounts payable within one year | 42/48 | €16,065 | €23,811 | +€7,746 | +48.2% |
| Trade debts | 44 | €6,389 | €10,551 | +€4,161 | +65.1% |
| Suppliers | 440/4 | €6,389 | €10,551 | +€4,161 | +65.1% |
| Taxes, remuneration and social security | 45 | €9,675 | €13,260 | +€3,585 | +37.1% |
| Taxes | 450/3 | €9,675 | €13,260 | +€3,585 | +37.1% |
| Accrued charges and deferred income | 492/3 | €20,000 | - | -€20,000 | |
| Turnover | 70 | €118,523 | €162,347 | +€43,824 | +37.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €107,657 | €137,042 | +€29,385 | +27.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €770 | €770 | = | 0.0% |
| Other operating charges | 640/8 | €3,744 | €5,435 | +€1,690 | +45.1% |
| Gross operating margin | 9900 | €10,866 | €25,305 | +€14,439 | +133% |
| Operating profit (loss) | 9901 | €6,352 | €19,101 | +€12,749 | +201% |
| Financial income | 75/76B | €4,848 | €4,728 | -€120 | -2.5% |
| Recurring financial income | 75 | €4,848 | €4,728 | -€120 | -2.5% |
| Financial charges | 65/66B | €283 | €276 | -€7 | -2.4% |
| Recurring financial charges | 65 | €283 | €276 | -€7 | -2.4% |
| Profit (loss) for the period before taxes | 9903 | €10,917 | €23,553 | +€12,635 | +116% |
| Income taxes | 67/77 | €4,296 | €8,500 | +€4,204 | +97.9% |
| Profit (loss) for the period | 9904 | €6,621 | €15,053 | +€8,431 | +127% |
| Profit (loss) for the period to be appropriated | 9905 | €6,621 | €15,053 | +€8,431 | +127% |
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 25 October 2026 via checked.be.