GROUP MATTON: what changed
Two fiscal 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.
GROUP MATTON
Largest movements
- Financial fixed assets -€10.7m
down €10.7m (-90.7%), from €11.8m to €1.1m
- Current investments +€9.7m
new in 2025: €9.7m
- Receivables within one year +€3.2m
up €3.2m (+127.5%), from €2.5m to €5.7m
of which Other amounts receivable: +€3.2m
- Cash +€776,275
up €776,275 (+2354488.5%), from €33 to €776,308
mainly Investment in fixed assets (net) (+€10.7m) and Net result for the year (+€4.8m)
- Profit (loss) carried forward +€4.8m
up €4.8m (+121.4%), from €4.0m to €8.8m
- Other debts -€1.1m
down €1.1m (-99.5%), from €1.1m to €5,000
- Short-term financial debts -€585,024
down €585,024 (-100.0%), from €585,024 to €0
- Financial income +€499,591
up €499,591 (+11.2%), from €4.5m to €5.0m
of which Non-recurring financial income: +€4.7m
- Gross operating margin -€64,708
down €64,708, from €1,421 to -€63,287
- Financial charges -€47,560
down €47,560 (-50.6%), from €94,018 to €46,458
- Other operating charges +€4,718
up €4,718 (+425.8%), from €1,108 to €5,826
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.
Cash bridge derived
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 | €14,380,456 | €17,526,489 | +€3.1m | +21.9% |
| Fixed assets | 21/28 | €11,807,750 | €1,132,483 | -€10.7m | -90.4% |
| Tangible fixed assets | 22/27 | - | €38,212 | +€38,212 | |
| Furniture and vehicles | 24 | - | €38,212 | +€38,212 | |
| Financial fixed assets | 28 | €11,807,750 | €1,094,272 | -€10.7m | -90.7% |
| Current assets | 29/58 | €2,572,706 | €16,394,006 | +€13.8m | +537.2% |
| Amounts receivable within one year | 40/41 | €2,516,753 | €5,726,002 | +€3.2m | +127.5% |
| Trade receivables | 40 | - | €608 | +€608 | |
| Other amounts receivable | 41 | €2,516,753 | €5,725,394 | +€3.2m | +127.5% |
| Current investments | 50/53 | - | €9,723,835 | +€9.7m | |
| Cash at bank and in hand | 54/58 | €33 | €776,308 | +€776,275 | +2354488.5% |
| Deferred charges and accrued income | 490/1 | €55,921 | €167,862 | +€111,941 | +200.2% |
| Total equity and liabilities | 10/49 | €14,380,456 | €17,526,489 | +€3.1m | +21.9% |
| Equity | 10/15 | €12,680,808 | €17,513,120 | +€4.8m | +38.1% |
| Contributions | 10/11 | €8,700,000 | €8,700,000 | = | 0.0% |
| Capital | 10 | €8,700,000 | €8,700,000 | = | 0.0% |
| Issued capital | 100 | €8,700,000 | €8,700,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,980,808 | €8,813,120 | +€4.8m | +121.4% |
| Amounts payable | 17/49 | €1,699,649 | €13,369 | -€1.7m | -99.2% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €1,656,182 | €13,369 | -€1.6m | -99.2% |
| Financial debts | 43 | €585,024 | €0 | -€585,024 | -100.0% |
| Credit institutions | 430/8 | €585,024 | €0 | -€585,024 | -100.0% |
| Trade debts | 44 | €2,126 | €7,718 | +€5,592 | +263.0% |
| Suppliers | 440/4 | €2,126 | €7,718 | +€5,592 | +263.0% |
| Advances received on contracts in progress | 46 | - | €651 | +€651 | |
| Other amounts payable | 47/48 | €1,069,031 | €5,000 | -€1.1m | -99.5% |
| Accrued charges and deferred income | 492/3 | €43,467 | €0 | -€43,467 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €626 | +€626 | |
| Other operating charges | 640/8 | €1,108 | €5,826 | +€4,718 | +425.8% |
| Gross operating margin | 9900 | €1,421 | -€63,287 | -€64,708 | |
| Operating profit (loss) | 9901 | €313 | -€69,739 | -€70,052 | |
| Financial income | 75/76B | €4,453,918 | €4,953,509 | +€499,591 | +11.2% |
| Recurring financial income | 75 | €4,453,918 | €261,169 | -€4.2m | -94.1% |
| Non-recurring financial income | 76B | - | €4,692,340 | +€4.7m | |
| Financial charges | 65/66B | €94,018 | €46,458 | -€47,560 | -50.6% |
| Recurring financial charges | 65 | €94,018 | €46,458 | -€47,560 | -50.6% |
| Profit (loss) for the period before taxes | 9903 | €4,360,213 | €4,837,312 | +€477,099 | +10.9% |
| Profit (loss) for the period | 9904 | €4,360,213 | €4,837,312 | +€477,099 | +10.9% |
| Profit (loss) for the period to be appropriated | 9905 | €4,360,213 | €4,837,312 | +€477,099 | +10.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.