Immo Matisse: 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.
Immo Matisse
Largest movements
- Cash -€15,707
down €15,707 (-19.2%), from €81,821 to €66,114
mainly Debts after one year (-€42,500) and Accrued charges and deferred income (-€147)
- Receivables within one year -€4,000
down €4,000 (-100%), from €4,000 to €0
of which Trade receivables: -€4,000
- Debts after one year -€42,500
down €42,500 (-7.4%), from €575,659 to €533,159
- Profit (loss) carried forward +€21,895
up €21,895 (+3.0%), from -€722,475 to -€700,579
- Financial income -€1,359
down €1,359 (-100%), from €1,359 to €0
- Gross operating margin +€1,239
up €1,239 (+5.8%), from €21,405 to €22,644
- Financial charges -€288
down €288 (-56.6%), from €509 to €221
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 | €86,165 | €66,114 | -€20,051 | -23.3% |
| Current assets | 29/58 | €86,165 | €66,114 | -€20,051 | -23.3% |
| Amounts receivable after more than one year | 29 | €344 | €0 | -€344 | -100% |
| Other amounts receivable | 291 | €344 | €0 | -€344 | -100% |
| Amounts receivable within one year | 40/41 | €4,000 | €0 | -€4,000 | -100% |
| Trade receivables | 40 | €4,000 | €0 | -€4,000 | -100% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €81,821 | €66,114 | -€15,707 | -19.2% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €86,165 | €66,114 | -€20,051 | -23.3% |
| Equity | 10/15 | -€491,120 | -€469,225 | +€21,895 | +4.5% |
| Contributions | 10/11 | €210,010 | €210,010 | = | 0.0% |
| Reserves | 13 | €21,344 | €21,344 | = | 0.0% |
| Distributable reserves | 133 | €21,344 | €21,344 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€722,475 | -€700,579 | +€21,895 | +3.0% |
| Amounts payable | 17/49 | €577,285 | €535,339 | -€41,947 | -7.3% |
| Amounts payable after more than one year | 17 | €575,659 | €533,159 | -€42,500 | -7.4% |
| Financial debts | 170/4 | €575,659 | €533,159 | -€42,500 | -7.4% |
| Amounts payable within one year | 42/48 | €1,478 | €2,179 | +€701 | +47.4% |
| Trade debts | 44 | €1,478 | €2,179 | +€701 | +47.4% |
| Suppliers | 440/4 | €1,478 | €2,179 | +€701 | +47.4% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €147 | €0 | -€147 | -100% |
| Other operating charges | 640/8 | €513 | €528 | +€14 | +2.8% |
| Gross operating margin | 9900 | €21,405 | €22,644 | +€1,239 | +5.8% |
| Operating profit (loss) | 9901 | €20,892 | €22,116 | +€1,224 | +5.9% |
| Financial income | 75/76B | €1,359 | €0 | -€1,359 | -100% |
| Recurring financial income | 75 | €1,359 | €0 | -€1,359 | -100% |
| Financial charges | 65/66B | €509 | €221 | -€288 | -56.6% |
| Recurring financial charges | 65 | €509 | €221 | -€288 | -56.6% |
| Profit (loss) for the period before taxes | 9903 | €21,742 | €21,895 | +€153 | +0.7% |
| Profit (loss) for the period | 9904 | €21,742 | €21,895 | +€153 | +0.7% |
| Profit (loss) for the period to be appropriated | 9905 | €21,742 | €21,895 | +€153 | +0.7% |
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 18 October 2026 via checked.be.