TINE MARTENS: what changed
TINE MARTENS
Largest movements
- Receivables within one year +€3,885
up €3,885 (+9.2%), from €42,365 to €46,250
- Cash -€3,064
down €3,064 (-36.6%), from €8,377 to €5,313
mainly Receivables within one year (-€3,885) and Investment in fixed assets (net) (-€442)
- Other debts +€1,684
up €1,684 (+2.1%), from €81,477 to €83,160
- Gross operating margin -€2,162
down €2,162 (-74.4%), from €2,905 to €743
- Depreciation -€124
down €124 (-70.7%), from €175 to €51
- Other operating charges +€82
up €82 (+11.4%), from €718 to €800
- Financial charges -€74
down €74 (-66.5%), from €111 to €37
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 | €50,742 | €51,954 | +€1,212 | +2.4% |
| Fixed assets | 21/28 | - | €391 | +€391 | |
| Tangible fixed assets | 22/27 | - | €391 | +€391 | |
| Plant, machinery and equipment | 23 | - | €391 | +€391 | |
| Current assets | 29/58 | €50,742 | €51,563 | +€821 | +1.6% |
| Amounts receivable within one year | 40/41 | €42,365 | €46,250 | +€3,885 | +9.2% |
| Trade receivables | 40 | €42,365 | €46,250 | +€3,885 | +9.2% |
| Cash at bank and in hand | 54/58 | €8,377 | €5,313 | -€3,064 | -36.6% |
| Total equity and liabilities | 10/49 | €50,742 | €51,954 | +€1,212 | +2.4% |
| Equity | 10/15 | -€31,353 | -€31,469 | -€116 | -0.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €551 | €551 | = | 0.0% |
| Non-distributable reserves | 130/1 | €551 | €551 | = | 0.0% |
| Reserves not available under the articles | 1311 | €551 | €551 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€50,504 | -€50,621 | -€116 | -0.2% |
| Amounts payable | 17/49 | €82,095 | €83,423 | +€1,328 | +1.6% |
| Amounts payable within one year | 42/48 | €82,095 | €83,423 | +€1,328 | +1.6% |
| Trade debts | 44 | €618 | €263 | -€355 | -57.5% |
| Suppliers | 440/4 | €618 | €263 | -€355 | -57.5% |
| Other amounts payable | 47/48 | €81,477 | €83,160 | +€1,684 | +2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €175 | €51 | -€124 | -70.7% |
| Other operating charges | 640/8 | €718 | €800 | +€82 | +11.4% |
| Gross operating margin | 9900 | €2,905 | €743 | -€2,162 | -74.4% |
| Operating profit (loss) | 9901 | €2,012 | -€109 | -€2,120 | |
| Financial income | 75/76B | €29 | €30 | +€1 | +4.9% |
| Recurring financial income | 75 | €29 | €30 | +€1 | +4.9% |
| Financial charges | 65/66B | €111 | €37 | -€74 | -66.5% |
| Recurring financial charges | 65 | €111 | €37 | -€74 | -66.5% |
| Profit (loss) for the period before taxes | 9903 | €1,929 | -€116 | -€2,045 | |
| Income taxes | 67/77 | €3 | €0 | -€3 | -87.6% |
| Profit (loss) for the period | 9904 | €1,926 | -€116 | -€2,042 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,926 | -€116 | -€2,042 |
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 3 November 2026 via checked.be.