A&E MAT: 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.
A&E MAT
Largest movements
- Receivables within one year -€11,519
down €11,519 (-92.0%), from €12,517 to €998
- Cash +€880
up €880 (+22.9%), from €3,843 to €4,723
mainly Receivables within one year (+€11,519) and Depreciation (+€851)
- Current investments -€578
down €578 (-67.6%), from €854 to €277
- Tangible fixed assets -€542
down €542 (-13.7%), from €3,964 to €3,423
of which Plant, machinery and equipment: -€555
- Tax, wage and social debts -€10,930
no longer reported in 2025 (was €10,930)
- Other debts -€1,928
down €1,928 (-24.0%), from €8,032 to €6,104
- Trade debts +€615
up €615 (+21.3%), from €2,887 to €3,501
- Profit (loss) carried forward +€494
up €494 (+5.0%), from -€9,789 to -€9,296
- Other operating charges +€905
up €905 (+67.6%), from €1,339 to €2,244
- Gross operating margin -€325
down €325 (-8.8%), from €3,711 to €3,385
- Depreciation -€212
down €212 (-20.0%), from €1,063 to €851
- Financial income +€49
up €49 (+15.7%), from €315 to €365
- Financial charges +€41
up €41 (+34.4%), from €120 to €162
From the 2024 result to the 2025 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 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €30,668 | €18,909 | -€11,759 | -38.3% |
| Fixed assets | 21/28 | €3,964 | €3,423 | -€542 | -13.7% |
| Tangible fixed assets | 22/27 | €3,964 | €3,423 | -€542 | -13.7% |
| Plant, machinery and equipment | 23 | €2,777 | €2,223 | -€555 | -20.0% |
| Furniture and vehicles | 24 | €1,187 | €1,200 | +€13 | +1.1% |
| Current assets | 29/58 | €26,704 | €15,487 | -€11,217 | -42.0% |
| Stocks and contracts in progress | 3 | €7,850 | €7,850 | = | 0.0% |
| Stocks | 30/36 | €7,850 | €7,850 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €12,517 | €998 | -€11,519 | -92.0% |
| Other amounts receivable | 41 | €12,517 | €998 | -€11,519 | -92.0% |
| Current investments | 50/53 | €854 | €277 | -€578 | -67.6% |
| Cash at bank and in hand | 54/58 | €3,843 | €4,723 | +€880 | +22.9% |
| Deferred charges and accrued income | 490/1 | €1,640 | €1,640 | = | 0.0% |
| Total equity and liabilities | 10/49 | €30,668 | €18,909 | -€11,759 | -38.3% |
| Equity | 10/15 | €8,811 | €9,304 | +€494 | +5.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,789 | -€9,296 | +€494 | +5.0% |
| Amounts payable | 17/49 | €21,858 | €9,605 | -€12,253 | -56.1% |
| Amounts payable within one year | 42/48 | €21,858 | €9,605 | -€12,253 | -56.1% |
| Financial debts | 43 | €10 | - | -€10 | |
| Credit institutions | 430/8 | €10 | - | -€10 | |
| Trade debts | 44 | €2,887 | €3,501 | +€615 | +21.3% |
| Suppliers | 440/4 | €2,887 | €3,501 | +€615 | +21.3% |
| Taxes, remuneration and social security | 45 | €10,930 | - | -€10,930 | |
| Taxes | 450/3 | €10,930 | - | -€10,930 | |
| Other amounts payable | 47/48 | €8,032 | €6,104 | -€1,928 | -24.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,063 | €851 | -€212 | -20.0% |
| Other operating charges | 640/8 | €1,339 | €2,244 | +€905 | +67.6% |
| Gross operating margin | 9900 | €3,711 | €3,385 | -€325 | -8.8% |
| Operating profit (loss) | 9901 | €1,309 | €291 | -€1,018 | -77.8% |
| Financial income | 75/76B | €315 | €365 | +€49 | +15.7% |
| Recurring financial income | 75 | €315 | €365 | +€49 | +15.7% |
| Financial charges | 65/66B | €120 | €162 | +€41 | +34.4% |
| Recurring financial charges | 65 | €120 | €162 | +€41 | +34.4% |
| Profit (loss) for the period before taxes | 9903 | €1,504 | €494 | -€1,010 | -67.2% |
| Profit (loss) for the period | 9904 | €1,504 | €494 | -€1,010 | -67.2% |
| Profit (loss) for the period to be appropriated | 9905 | €1,504 | €494 | -€1,010 | -67.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.