BB 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.
BB MAT
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Tax, wage and social debts +€34,241
up €34,241 (+48.9%), from €70,013 to €104,255
of which Remuneration and social security: +€28,427
- Profit (loss) carried forward -€32,608
down €32,608 (-21.7%), from -€150,231 to -€182,839
- Debts after one year -€22,800
down €22,800 (-80.0%), from €28,500 to €5,700
- Trade debts +€18,706
up €18,706 (+492%), from €3,801 to €22,507
- Gross operating margin +€2,841
up €2,841 (+8.3%), from -€34,161 to -€31,320
- Financial charges -€1,625
down €1,625 (-55.8%), from €2,913 to €1,288
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 | €1,546,645 | €1,547,953 | +€1,307 | +0.1% |
| Fixed assets | 21/28 | €1,462,424 | €1,462,424 | = | 0.0% |
| Financial fixed assets | 28 | €1,462,424 | €1,462,424 | = | 0.0% |
| Current assets | 29/58 | €84,221 | €85,529 | +€1,307 | +1.6% |
| Amounts receivable within one year | 40/41 | €83,891 | €83,891 | = | 0.0% |
| Other amounts receivable | 41 | €83,891 | €83,891 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €330 | €1,637 | +€1,307 | +396% |
| Total equity and liabilities | 10/49 | €1,546,645 | €1,547,953 | +€1,307 | +0.1% |
| Equity | 10/15 | €561,864 | €529,256 | -€32,608 | -5.8% |
| Contributions | 10/11 | €475,000 | €475,000 | = | 0.0% |
| Reserves | 13 | €237,095 | €237,095 | = | 0.0% |
| Non-distributable reserves | 130/1 | €12,095 | €12,095 | = | 0.0% |
| Reserves not available under the articles | 1311 | €12,095 | €12,095 | = | 0.0% |
| Distributable reserves | 133 | €225,000 | €225,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€150,231 | -€182,839 | -€32,608 | -21.7% |
| Amounts payable | 17/49 | €984,781 | €1,018,697 | +€33,916 | +3.4% |
| Amounts payable after more than one year | 17 | €28,500 | €5,700 | -€22,800 | -80.0% |
| Financial debts | 170/4 | €28,500 | €5,700 | -€22,800 | -80.0% |
| Amounts payable within one year | 42/48 | €956,281 | €1,012,997 | +€56,716 | +5.9% |
| Current portion of amounts payable after more than one year | 42 | €30,909 | €27,233 | -€3,677 | -11.9% |
| Trade debts | 44 | €3,801 | €22,507 | +€18,706 | +492% |
| Suppliers | 440/4 | €3,801 | €22,507 | +€18,706 | +492% |
| Advances received on contracts in progress | 46 | €114,030 | €121,475 | +€7,445 | +6.5% |
| Taxes, remuneration and social security | 45 | €70,013 | €104,255 | +€34,241 | +48.9% |
| Taxes | 450/3 | €9,331 | €15,145 | +€5,815 | +62.3% |
| Remuneration and social security | 454/9 | €60,683 | €89,110 | +€28,427 | +46.8% |
| Other amounts payable | 47/48 | €737,528 | €737,528 | = | 0.0% |
| Gross operating margin | 9900 | -€34,161 | -€31,320 | +€2,841 | +8.3% |
| Operating profit (loss) | 9901 | -€34,161 | -€31,320 | +€2,841 | +8.3% |
| Financial charges | 65/66B | €2,913 | €1,288 | -€1,625 | -55.8% |
| Recurring financial charges | 65 | €2,913 | €1,288 | -€1,625 | -55.8% |
| Profit (loss) for the period before taxes | 9903 | -€37,075 | -€32,608 | +€4,466 | +12.0% |
| Profit (loss) for the period | 9904 | -€37,075 | -€32,608 | +€4,466 | +12.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€37,075 | -€32,608 | +€4,466 | +12.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.