Martroye Technics: 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.
Martroye Technics
Largest movements
- Cash +€41,232
up €41,232 (+43.5%), from €94,828 to €136,060
mainly Net result for the year (+€125,285) and Depreciation (+€3,942)
- Tangible fixed assets +€34,991
new in 2026: €34,991
of which Furniture and vehicles: +€34,605
- Current investments +€33,000
new in 2026: €33,000
- Receivables within one year +€4,574
up €4,574 (+20.5%), from €22,289 to €26,863
- Reserves +€125,000
up €125,000 (+128.9%), from €97,000 to €222,000
- Tax, wage and social debts -€8,314
down €8,314 (-44.3%), from €18,760 to €10,447
- Gross operating margin +€40,113
up €40,113 (+32.2%), from €124,583 to €164,695
- Taxes +€7,832
up €7,832 (+28.7%), from €27,297 to €35,129
- Depreciation +€3,942
new in 2026: €3,942
From the 2025 result to the 2026 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.
Cash bridge derived
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €120,291 | €234,799 | +€114,509 | +95.2% |
| Fixed assets | 21/28 | - | €34,991 | +€34,991 | |
| Tangible fixed assets | 22/27 | - | €34,991 | +€34,991 | |
| Plant, machinery and equipment | 23 | - | €386 | +€386 | |
| Furniture and vehicles | 24 | - | €34,605 | +€34,605 | |
| Current assets | 29/58 | €120,291 | €199,808 | +€79,517 | +66.1% |
| Stocks and contracts in progress | 3 | €2,570 | €3,485 | +€915 | +35.6% |
| Stocks | 30/36 | €2,570 | €3,485 | +€915 | +35.6% |
| Amounts receivable within one year | 40/41 | €22,289 | €26,863 | +€4,574 | +20.5% |
| Trade receivables | 40 | €22,289 | €26,863 | +€4,574 | +20.5% |
| Current investments | 50/53 | - | €33,000 | +€33,000 | |
| Cash at bank and in hand | 54/58 | €94,828 | €136,060 | +€41,232 | +43.5% |
| Deferred charges and accrued income | 490/1 | €604 | €401 | -€204 | -33.7% |
| Total equity and liabilities | 10/49 | €120,291 | €234,799 | +€114,509 | +95.2% |
| Equity | 10/15 | €98,287 | €223,571 | +€125,285 | +127.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €97,000 | €222,000 | +€125,000 | +128.9% |
| Distributable reserves | 133 | €97,000 | €222,000 | +€125,000 | +128.9% |
| Profit (loss) carried forward | 14 | €287 | €571 | +€285 | +99.4% |
| Amounts payable | 17/49 | €22,004 | €11,228 | -€10,776 | -49.0% |
| Amounts payable within one year | 42/48 | €21,219 | €11,228 | -€9,991 | -47.1% |
| Trade debts | 44 | €257 | €50 | -€207 | -80.6% |
| Suppliers | 440/4 | €257 | €50 | -€207 | -80.6% |
| Taxes, remuneration and social security | 45 | €18,760 | €10,447 | -€8,314 | -44.3% |
| Taxes | 450/3 | €18,760 | €10,447 | -€8,314 | -44.3% |
| Other amounts payable | 47/48 | €2,202 | €731 | -€1,471 | -66.8% |
| Accrued charges and deferred income | 492/3 | €785 | - | -€785 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €3,942 | +€3,942 | |
| Other operating charges | 640/8 | - | €317 | +€317 | |
| Gross operating margin | 9900 | €124,583 | €164,695 | +€40,113 | +32.2% |
| Operating profit (loss) | 9901 | €124,583 | €160,437 | +€35,854 | +28.8% |
| Financial income | 75/76B | €81 | €18 | -€63 | -77.7% |
| Recurring financial income | 75 | €81 | €18 | -€63 | -77.7% |
| Financial charges | 65/66B | €80 | €40 | -€40 | -49.5% |
| Recurring financial charges | 65 | €80 | €40 | -€40 | -49.5% |
| Profit (loss) for the period before taxes | 9903 | €124,584 | €160,414 | +€35,830 | +28.8% |
| Income taxes | 67/77 | €27,297 | €35,129 | +€7,832 | +28.7% |
| Profit (loss) for the period | 9904 | €97,287 | €125,285 | +€27,998 | +28.8% |
| Profit (loss) for the period to be appropriated | 9905 | €97,287 | €125,285 | +€27,998 | +28.8% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.