AC. MATIC: 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.
AC. MATIC
Largest movements
- Stocks and contracts -€188,725
down €188,725 (-22.5%), from €837,063 to €648,339
- Receivables within one year +€136,588
up €136,588 (+16.0%), from €852,009 to €988,597
of which Trade receivables: +€111,728
- Deferred charges and accrued income -€93,848
down €93,848 (-21.6%), from €433,939 to €340,091
- Tangible fixed assets +€58,513
up €58,513 (+24.5%), from €238,624 to €297,137
of which Plant, machinery and equipment: +€53,438
- Profit (loss) carried forward -€326,055
down €326,055 (-84.9%), from -€384,214 to -€710,269
- Other debts +€312,881
up €312,881 (+28.0%), from €1.1m to €1.4m
- Trade debts -€96,107
down €96,107 (-24.7%), from €388,790 to €292,683
- Current portion of long-term debt +€44,567
up €44,567 (+94.9%), from €46,983 to €91,550
- Tax, wage and social debts -€35,218
down €35,218 (-36.0%), from €97,724 to €62,506
of which Taxes: -€29,836
- Write-downs +€96,257
up €96,257 (+104%), from €92,467 to €188,725
- Depreciation -€45,756
down €45,756 (-43.2%), from €105,866 to €60,110
- Staff costs -€17,973
down €17,973 (-5.9%), from €304,297 to €286,324
- Other operating charges +€17,247
up €17,247 (+4.7%), from €369,987 to €387,234
- Financial charges -€17,138
down €17,138 (-74.2%), from €23,109 to €5,971
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 | €2,490,428 | €2,385,023 | -€105,404 | -4.2% |
| Fixed assets | 21/28 | €309,723 | €349,643 | +€39,921 | +12.9% |
| Tangible fixed assets | 22/27 | €238,624 | €297,137 | +€58,513 | +24.5% |
| Plant, machinery and equipment | 23 | €105,951 | €159,389 | +€53,438 | +50.4% |
| Furniture and vehicles | 24 | €19,917 | €20,327 | +€409 | +2.1% |
| Other tangible fixed assets | 26 | €112,756 | €117,421 | +€4,665 | +4.1% |
| Financial fixed assets | 28 | €71,098 | €52,506 | -€18,592 | -26.1% |
| Current assets | 29/58 | €2,180,705 | €2,035,380 | -€145,325 | -6.7% |
| Stocks and contracts in progress | 3 | €837,063 | €648,339 | -€188,725 | -22.5% |
| Stocks | 30/36 | €837,063 | €648,339 | -€188,725 | -22.5% |
| Amounts receivable within one year | 40/41 | €852,009 | €988,597 | +€136,588 | +16.0% |
| Trade receivables | 40 | €812,168 | €923,896 | +€111,728 | +13.8% |
| Other amounts receivable | 41 | €39,841 | €64,701 | +€24,860 | +62.4% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €57,694 | €58,355 | +€661 | +1.1% |
| Deferred charges and accrued income | 490/1 | €433,939 | €340,091 | -€93,848 | -21.6% |
| Total equity and liabilities | 10/49 | €2,490,428 | €2,385,023 | -€105,404 | -4.2% |
| Equity | 10/15 | €708,973 | €382,918 | -€326,055 | -46.0% |
| Contributions | 10/11 | €1,000,000 | €1,000,000 | = | 0.0% |
| Capital | 10 | €1,000,000 | €1,000,000 | = | 0.0% |
| Issued capital | 100 | €1,000,000 | €1,000,000 | = | 0.0% |
| Revaluation surpluses | 12 | €68,000 | €68,000 | = | 0.0% |
| Reserves | 13 | €25,187 | €25,187 | = | 0.0% |
| Non-distributable reserves | 130/1 | €25,187 | €25,187 | = | 0.0% |
| Legal reserve | 130 | €25,187 | €25,187 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€384,214 | -€710,269 | -€326,055 | -84.9% |
| Amounts payable | 17/49 | €1,781,455 | €2,002,106 | +€220,651 | +12.4% |
| Amounts payable after more than one year | 17 | €128,593 | €122,162 | -€6,431 | -5.0% |
| Financial debts | 170/4 | €66,604 | €66,247 | -€358 | -0.5% |
| Other amounts payable | 178/9 | €61,989 | €55,915 | -€6,074 | -9.8% |
| Amounts payable within one year | 42/48 | €1,651,993 | €1,878,115 | +€226,122 | +13.7% |
| Current portion of amounts payable after more than one year | 42 | €46,983 | €91,550 | +€44,567 | +94.9% |
| Trade debts | 44 | €388,790 | €292,683 | -€96,107 | -24.7% |
| Suppliers | 440/4 | €388,790 | €292,683 | -€96,107 | -24.7% |
| Taxes, remuneration and social security | 45 | €97,724 | €62,506 | -€35,218 | -36.0% |
| Taxes | 450/3 | €54,083 | €24,247 | -€29,836 | -55.2% |
| Remuneration and social security | 454/9 | €43,640 | €38,258 | -€5,382 | -12.3% |
| Other amounts payable | 47/48 | €1,118,496 | €1,431,377 | +€312,881 | +28.0% |
| Accrued charges and deferred income | 492/3 | €868 | €1,828 | +€960 | +111% |
| Non-recurring operating income | 76A | - | €1,901 | +€1,901 | |
| Remuneration, social security and pensions | 62 | €304,297 | €286,324 | -€17,973 | -5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €105,866 | €60,110 | -€45,756 | -43.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €92,467 | €188,725 | +€96,257 | +104% |
| Other operating charges | 640/8 | €369,987 | €387,234 | +€17,247 | +4.7% |
| Non-recurring operating charges | 66A | €1,058 | €178,243 | +€177,185 | +16,747% |
| Gross operating margin | 9900 | €788,775 | €773,527 | -€15,248 | -1.9% |
| Operating profit (loss) | 9901 | -€84,900 | -€327,108 | -€242,208 | -285% |
| Financial income | 75/76B | €0 | €151 | +€151 | |
| Recurring financial income | 75 | €0 | €151 | +€151 | |
| Financial charges | 65/66B | €23,109 | €5,971 | -€17,138 | -74.2% |
| Recurring financial charges | 65 | €23,109 | €5,971 | -€17,138 | -74.2% |
| Profit (loss) for the period before taxes | 9903 | -€108,009 | -€332,929 | -€224,919 | -208% |
| Income taxes | 67/77 | €2,788 | -€6,873 | -€9,661 | |
| Profit (loss) for the period | 9904 | -€110,797 | -€326,055 | -€215,258 | -194% |
| Profit (loss) for the period to be appropriated | 9905 | -€110,797 | -€326,055 | -€215,258 | -194% |
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 15 October 2026 via checked.be.