IMMO MATTHYS: 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 MATTHYS
Largest movements
- Receivables within one year -€462,650
down €462,650 (-86.6%), from €534,152 to €71,501
- Financial fixed assets -€156,704
no longer reported in 2025 (was €156,704)
- Cash +€39,316
up €39,316 (+80.6%), from €48,776 to €88,092
mainly Net result for the year (+€5.8m) and Receivables within one year (+€462,650)
- Tangible fixed assets -€24,343
down €24,343 (-6.4%), from €378,455 to €354,112
- Other debts -€400,000
down €400,000 (-80.0%), from €500,000 to €100,000
- Reserves -€175,773
down €175,773 (-50.3%), from €349,228 to €173,456
- Profit (loss) carried forward -€95,345
no longer reported in 2025 (was €95,345)
- Tax, wage and social debts +€36,434
up €36,434 (+117%), from €31,125 to €67,559
- Trade debts +€30,302
new in 2025: €30,302
- Financial income +€5.2m
up €5.2m (+1,029%), from €504,517 to €5.7m
of which Non-recurring financial income: +€5.7m
- Taxes +€5,441
up €5,441 (+15.7%), from €34,559 to €40,000
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 | €1,118,086 | €513,705 | -€604,382 | -54.1% |
| Fixed assets | 21/28 | €535,159 | €354,112 | -€181,048 | -33.8% |
| Tangible fixed assets | 22/27 | €378,455 | €354,112 | -€24,343 | -6.4% |
| Land and buildings | 22 | €378,455 | €354,112 | -€24,343 | -6.4% |
| Financial fixed assets | 28 | €156,704 | - | -€156,704 | |
| Current assets | 29/58 | €582,927 | €159,593 | -€423,334 | -72.6% |
| Amounts receivable within one year | 40/41 | €534,152 | €71,501 | -€462,650 | -86.6% |
| Other amounts receivable | 41 | €534,152 | €71,501 | -€462,650 | -86.6% |
| Cash at bank and in hand | 54/58 | €48,776 | €88,092 | +€39,316 | +80.6% |
| Total equity and liabilities | 10/49 | €1,118,086 | €513,705 | -€604,382 | -54.1% |
| Equity | 10/15 | €586,962 | €315,844 | -€271,118 | -46.2% |
| Contributions | 10/11 | €142,388 | €142,388 | = | 0.0% |
| Capital | 10 | - | €142,388 | +€142,388 | |
| Issued capital | 100 | - | €142,388 | +€142,388 | |
| Contributions outside capital | 11 | €142,388 | - | -€142,388 | |
| Share premium | 1100/10 | €142,388 | - | -€142,388 | |
| Reserves | 13 | €349,228 | €173,456 | -€175,773 | -50.3% |
| Distributable reserves | 133 | €349,228 | €173,456 | -€175,773 | -50.3% |
| Profit (loss) carried forward | 14 | €95,345 | - | -€95,345 | |
| Amounts payable | 17/49 | €531,125 | €197,861 | -€333,264 | -62.7% |
| Amounts payable within one year | 42/48 | €531,125 | €197,861 | -€333,264 | -62.7% |
| Trade debts | 44 | - | €30,302 | +€30,302 | |
| Suppliers | 440/4 | - | €30,302 | +€30,302 | |
| Taxes, remuneration and social security | 45 | €31,125 | €67,559 | +€36,434 | +117% |
| Taxes | 450/3 | €31,125 | €67,559 | +€36,434 | +117% |
| Other amounts payable | 47/48 | €500,000 | €100,000 | -€400,000 | -80.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,343 | €24,343 | +€0 | 0.0% |
| Other operating charges | 640/8 | €6,691 | €6,897 | +€206 | +3.1% |
| Gross operating margin | 9900 | €156,782 | €156,897 | +€115 | +0.1% |
| Operating profit (loss) | 9901 | €125,747 | €125,657 | -€91 | -0.1% |
| Financial income | 75/76B | €504,517 | €5,698,353 | +€5.2m | +1,029% |
| Recurring financial income | 75 | €504,517 | €5,698,353 | +€5.2m | +1,029% |
| Non-recurring financial income | 76B | - | €5,698,353 | +€5.7m | |
| Financial charges | 65/66B | €360 | €71 | -€290 | -80.4% |
| Recurring financial charges | 65 | €360 | €71 | -€290 | -80.4% |
| Profit (loss) for the period before taxes | 9903 | €629,904 | €5,823,940 | +€5.2m | +825% |
| Income taxes | 67/77 | €34,559 | €40,000 | +€5,441 | +15.7% |
| Profit (loss) for the period | 9904 | €595,345 | €5,783,940 | +€5.2m | +872% |
| Profit (loss) for the period to be appropriated | 9905 | €595,345 | €5,783,940 | +€5.2m | +872% |
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 20 October 2026 via checked.be.