CMATT: 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.
CMATT
Largest movements
- Tangible fixed assets +€22,905
up €22,905 (+68.4%), from €33,480 to €56,385
of which Other tangible fixed assets: +€29,943
- Cash +€10,410
up €10,410 (+4.1%), from €254,169 to €264,579
mainly Net result for the year (+€43,937) and Depreciation (+€10,493)
- Receivables within one year -€8,899
down €8,899 (-14.2%), from €62,476 to €53,577
of which Trade receivables: -€17,416
- Profit (loss) carried forward +€43,937
up €43,937 (+14.9%), from €294,302 to €338,239
- Tax, wage and social debts -€26,588
down €26,588 (-48.4%), from €54,984 to €28,396
of which Taxes: -€26,588
- Trade debts +€7,124
up €7,124 (+53,044%), from €13 to €7,137
- Gross operating margin -€63,664
down €63,664 (-49.0%), from €129,893 to €66,229
- Taxes -€14,226
down €14,226 (-55.7%), from €25,560 to €11,334
- Depreciation +€1,965
up €1,965 (+23.0%), from €8,528 to €10,493
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 | €351,300 | €375,772 | +€24,472 | +7.0% |
| Fixed assets | 21/28 | €33,480 | €56,385 | +€22,905 | +68.4% |
| Tangible fixed assets | 22/27 | €33,480 | €56,385 | +€22,905 | +68.4% |
| Plant, machinery and equipment | 23 | - | €1,489 | +€1,489 | |
| Furniture and vehicles | 24 | €33,480 | €24,952 | -€8,528 | -25.5% |
| Other tangible fixed assets | 26 | - | €29,943 | +€29,943 | |
| Current assets | 29/58 | €317,820 | €319,387 | +€1,567 | +0.5% |
| Amounts receivable within one year | 40/41 | €62,476 | €53,577 | -€8,899 | -14.2% |
| Trade receivables | 40 | €47,311 | €29,895 | -€17,416 | -36.8% |
| Other amounts receivable | 41 | €15,165 | €23,682 | +€8,517 | +56.2% |
| Cash at bank and in hand | 54/58 | €254,169 | €264,579 | +€10,410 | +4.1% |
| Deferred charges and accrued income | 490/1 | €1,174 | €1,231 | +€56 | +4.8% |
| Total equity and liabilities | 10/49 | €351,300 | €375,772 | +€24,472 | +7.0% |
| Equity | 10/15 | €296,302 | €340,239 | +€43,937 | +14.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €294,302 | €338,239 | +€43,937 | +14.9% |
| Amounts payable | 17/49 | €54,998 | €35,533 | -€19,465 | -35.4% |
| Amounts payable within one year | 42/48 | €54,998 | €35,533 | -€19,465 | -35.4% |
| Trade debts | 44 | €13 | €7,137 | +€7,124 | +53,044% |
| Suppliers | 440/4 | €13 | €7,137 | +€7,124 | +53,044% |
| Taxes, remuneration and social security | 45 | €54,984 | €28,396 | -€26,588 | -48.4% |
| Taxes | 450/3 | €52,984 | €26,396 | -€26,588 | -50.2% |
| Remuneration and social security | 454/9 | €2,000 | €2,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,528 | €10,493 | +€1,965 | +23.0% |
| Other operating charges | 640/8 | €451 | €465 | +€14 | +3.2% |
| Gross operating margin | 9900 | €129,893 | €66,229 | -€63,664 | -49.0% |
| Operating profit (loss) | 9901 | €120,914 | €55,271 | -€65,643 | -54.3% |
| Financial charges | 65/66B | - | €0 | +€0 | |
| Recurring financial charges | 65 | - | €0 | +€0 | |
| Profit (loss) for the period before taxes | 9903 | €120,914 | €55,271 | -€65,643 | -54.3% |
| Income taxes | 67/77 | €25,560 | €11,334 | -€14,226 | -55.7% |
| Profit (loss) for the period | 9904 | €95,354 | €43,937 | -€51,417 | -53.9% |
| Profit (loss) for the period to be appropriated | 9905 | €95,354 | €43,937 | -€51,417 | -53.9% |
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 14 October 2026 via checked.be.