Frédéric MATHIEU- Société Notariale: 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.
Frédéric MATHIEU- Société Notariale
Largest movements
- Cash +€2.2m
up €2.2m (+142%), from €1.5m to €3.7m
mainly Trade debts (+€2.2m) and Net result for the year (+€204,532)
- Receivables within one year +€160,468
up €160,468 (+82.2%), from €195,309 to €355,776
of which Other amounts receivable: +€106,365
- Intangible fixed assets -€77,224
down €77,224 (-16.0%), from €482,650 to €405,426
- Trade debts +€2.2m
up €2.2m (+186%), from €1.2m to €3.4m
- Other debts +€141,256
up €141,256 (+46.3%), from €304,880 to €446,136
- Debts after one year -€97,039
down €97,039 (-11.4%), from €852,740 to €755,702
- Gross operating margin +€120,071
up €120,071 (+20.3%), from €592,836 to €712,907
- Staff costs +€57,992
up €57,992 (+22.7%), from €255,680 to €313,672
- Taxes +€24,064
up €24,064 (+54.7%), from €43,999 to €68,063
- Financial income +€16,555
up €16,555, from €0 to €16,555
of which Financial income: +€16,555
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 | €2,685,760 | €4,932,092 | +€2.2m | +83.6% |
| Fixed assets | 21/28 | €950,378 | €858,649 | -€91,729 | -9.7% |
| Intangible fixed assets | 21 | €482,650 | €405,426 | -€77,224 | -16.0% |
| Tangible fixed assets | 22/27 | €467,729 | €453,223 | -€14,505 | -3.1% |
| Land and buildings | 22 | €460,694 | €440,880 | -€19,815 | -4.3% |
| Furniture and vehicles | 24 | €1,985 | €8,060 | +€6,075 | +306% |
| Other tangible fixed assets | 26 | €5,049 | €4,284 | -€766 | -15.2% |
| Current assets | 29/58 | €1,735,382 | €4,073,443 | +€2.3m | +135% |
| Amounts receivable within one year | 40/41 | €195,309 | €355,776 | +€160,468 | +82.2% |
| Trade receivables | 40 | €37,133 | €91,236 | +€54,103 | +146% |
| Other amounts receivable | 41 | €158,175 | €264,540 | +€106,365 | +67.2% |
| Cash at bank and in hand | 54/58 | €1,533,502 | €3,710,877 | +€2.2m | +142% |
| Deferred charges and accrued income | 490/1 | €6,572 | €6,790 | +€219 | +3.3% |
| Total equity and liabilities | 10/49 | €2,685,760 | €4,932,092 | +€2.2m | +83.6% |
| Equity | 10/15 | €56,813 | €54,544 | -€2,268 | -4.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €44,477 | €44,477 | = | 0.0% |
| Distributable reserves | 133 | €44,477 | €44,477 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,336 | €68 | -€2,268 | -97.1% |
| Amounts payable | 17/49 | €2,628,947 | €4,877,548 | +€2.2m | +85.5% |
| Amounts payable after more than one year | 17 | €852,740 | €755,702 | -€97,039 | -11.4% |
| Financial debts | 170/4 | €852,740 | €755,702 | -€97,039 | -11.4% |
| Amounts payable within one year | 42/48 | €1,776,008 | €4,121,846 | +€2.3m | +132% |
| Current portion of amounts payable after more than one year | 42 | €97,039 | €97,039 | = | 0.0% |
| Trade debts | 44 | €1,180,610 | €3,374,468 | +€2.2m | +186% |
| Suppliers | 440/4 | €1,180,610 | €3,374,468 | +€2.2m | +186% |
| Taxes, remuneration and social security | 45 | €193,479 | €204,203 | +€10,724 | +5.5% |
| Taxes | 450/3 | €37,768 | €80,952 | +€43,183 | +114% |
| Remuneration and social security | 454/9 | €155,710 | €123,251 | -€32,459 | -20.8% |
| Other amounts payable | 47/48 | €304,880 | €446,136 | +€141,256 | +46.3% |
| Accrued charges and deferred income | 492/3 | €199 | €0 | -€199 | -100% |
| Non-recurring operating income | 76A | €10,650 | €5,480 | -€5,170 | -48.5% |
| Remuneration, social security and pensions | 62 | €255,680 | €313,672 | +€57,992 | +22.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €102,909 | €100,830 | -€2,079 | -2.0% |
| Other operating charges | 640/8 | €7,270 | €6,959 | -€311 | -4.3% |
| Gross operating margin | 9900 | €592,836 | €712,907 | +€120,071 | +20.3% |
| Operating profit (loss) | 9901 | €226,977 | €291,445 | +€64,468 | +28.4% |
| Financial income | 75/76B | €0 | €16,555 | +€16,555 | |
| Recurring financial income | 75 | €0 | €16,555 | +€16,555 | |
| Non-recurring financial income | 76B | - | €16,555 | +€16,555 | |
| Financial charges | 65/66B | €41,372 | €35,406 | -€5,966 | -14.4% |
| Recurring financial charges | 65 | €41,372 | €35,406 | -€5,966 | -14.4% |
| Profit (loss) for the period before taxes | 9903 | €185,605 | €272,594 | +€86,989 | +46.9% |
| Income taxes | 67/77 | €43,999 | €68,063 | +€24,064 | +54.7% |
| Profit (loss) for the period | 9904 | €141,607 | €204,532 | +€62,925 | +44.4% |
| Profit (loss) for the period to be appropriated | 9905 | €141,607 | €204,532 | +€62,925 | +44.4% |
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 23 October 2026 via checked.be.