Coupe Matadi: 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.
Coupe Matadi
Largest movements
- Receivables after one year -€20,000
no longer reported in 2025 (was €20,000)
- Cash +€8,473
up €8,473 (+34.5%), from €24,575 to €33,048
mainly Receivables after one year (+€20,000) and Net result for the year (+€11,529)
- Receivables within one year -€4,255
down €4,255 (-77.9%), from €5,464 to €1,208
of which Other amounts receivable: -€4,191
- Stocks and contracts -€668
down €668 (-36.2%), from €1,846 to €1,178
- Profit (loss) carried forward -€10,183
no longer reported in 2025 (was €10,183)
- Reserves -€6,563
down €6,563 (-23.2%), from €28,275 to €21,712
- Tax, wage and social debts +€1,155
new in 2025: €1,155
- Gross operating margin +€9,811
up €9,811 (+103%), from €9,499 to €19,310
- Depreciation -€4,820
down €4,820 (-53.7%), from €8,968 to €4,148
- Taxes +€3,695
up €3,695 (+1,700%), from €217 to €3,912
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 | €61,403 | €45,571 | -€15,832 | -25.8% |
| Fixed assets | 21/28 | €9,145 | €9,754 | +€609 | +6.7% |
| Tangible fixed assets | 22/27 | €9,123 | €9,725 | +€602 | +6.6% |
| Land and buildings | 22 | €929 | €690 | -€238 | -25.7% |
| Plant, machinery and equipment | 23 | €4,884 | €5,052 | +€168 | +3.4% |
| Furniture and vehicles | 24 | €775 | €2,081 | +€1,307 | +169% |
| Other tangible fixed assets | 26 | €2,536 | €1,902 | -€634 | -25.0% |
| Financial fixed assets | 28 | €21 | €28 | +€7 | +32.9% |
| Current assets | 29/58 | €52,259 | €35,817 | -€16,441 | -31.5% |
| Amounts receivable after more than one year | 29 | €20,000 | - | -€20,000 | |
| Other amounts receivable | 291 | €20,000 | - | -€20,000 | |
| Stocks and contracts in progress | 3 | €1,846 | €1,178 | -€668 | -36.2% |
| Stocks | 30/36 | €1,846 | €1,178 | -€668 | -36.2% |
| Amounts receivable within one year | 40/41 | €5,464 | €1,208 | -€4,255 | -77.9% |
| Trade receivables | 40 | €345 | €281 | -€64 | -18.6% |
| Other amounts receivable | 41 | €5,119 | €928 | -€4,191 | -81.9% |
| Cash at bank and in hand | 54/58 | €24,575 | €33,048 | +€8,473 | +34.5% |
| Deferred charges and accrued income | 490/1 | €374 | €382 | +€9 | +2.3% |
| Total equity and liabilities | 10/49 | €61,403 | €45,571 | -€15,832 | -25.8% |
| Equity | 10/15 | €57,059 | €40,312 | -€16,747 | -29.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €28,275 | €21,712 | -€6,563 | -23.2% |
| Distributable reserves | 133 | €28,275 | €21,712 | -€6,563 | -23.2% |
| Profit (loss) carried forward | 14 | €10,183 | - | -€10,183 | |
| Amounts payable | 17/49 | €4,344 | €5,259 | +€915 | +21.1% |
| Amounts payable within one year | 42/48 | €4,344 | €5,259 | +€915 | +21.1% |
| Trade debts | 44 | €1,682 | €1,959 | +€277 | +16.5% |
| Suppliers | 440/4 | €1,682 | €1,959 | +€277 | +16.5% |
| Taxes, remuneration and social security | 45 | - | €1,155 | +€1,155 | |
| Taxes | 450/3 | - | €1,155 | +€1,155 | |
| Other amounts payable | 47/48 | €2,662 | €2,144 | -€518 | -19.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,968 | €4,148 | -€4,820 | -53.7% |
| Gross operating margin | 9900 | €9,499 | €19,310 | +€9,811 | +103% |
| Operating profit (loss) | 9901 | €531 | €15,162 | +€14,631 | +2,754% |
| Financial income | 75/76B | €417 | €429 | +€12 | +2.9% |
| Recurring financial income | 75 | €417 | €429 | +€12 | +2.9% |
| Financial charges | 65/66B | €140 | €150 | +€11 | +7.6% |
| Recurring financial charges | 65 | €140 | €150 | +€11 | +7.6% |
| Profit (loss) for the period before taxes | 9903 | €809 | €15,441 | +€14,632 | +1,809% |
| Income taxes | 67/77 | €217 | €3,912 | +€3,695 | +1,700% |
| Profit (loss) for the period | 9904 | €592 | €11,529 | +€10,937 | +1,849% |
| Profit (loss) for the period to be appropriated | 9905 | €592 | €11,529 | +€10,937 | +1,849% |
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 27 October 2026 via checked.be.