IT's MATIC: 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.
IT's MATIC
Largest movements
- Receivables within one year +€1,912
up €1,912 (+8.3%), from €23,172 to €25,084
of which Trade receivables: +€10,906
- Deferred charges and accrued income +€1,295
up €1,295 (+734%), from €176 to €1,471
- Tangible fixed assets -€1,280
down €1,280 (-21.9%), from €5,855 to €4,575
of which Furniture and vehicles: -€1,074
- Other debts +€37,767
new in 2025: €37,767
- Reserves -€37,208
down €37,208 (-53.0%), from €70,237 to €33,029
of which Distributable reserves: -€37,208
- Tax, wage and social debts +€5,707
up €5,707 (+101%), from €5,665 to €11,372
- Trade debts -€4,636
down €4,636 (-60.5%), from €7,667 to €3,031
- Depreciation -€3,992
down €3,992 (-46.0%), from €8,678 to €4,687
- Gross operating margin -€2,715
down €2,715 (-14.7%), from €18,482 to €15,767
- Financial income +€803
up €803 (+154%), from €521 to €1,325
- Taxes +€306
up €306 (+12.6%), from €2,428 to €2,734
- Other operating charges +€235
up €235 (+35.0%), from €671 to €906
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 | €102,649 | €103,799 | +€1,150 | +1.1% |
| Fixed assets | 21/28 | €6,134 | €4,854 | -€1,280 | -20.9% |
| Tangible fixed assets | 22/27 | €5,855 | €4,575 | -€1,280 | -21.9% |
| Plant, machinery and equipment | 23 | - | €324 | +€324 | |
| Furniture and vehicles | 24 | €5,259 | €4,185 | -€1,074 | -20.4% |
| Other tangible fixed assets | 26 | €595 | €66 | -€530 | -89.0% |
| Financial fixed assets | 28 | €279 | €279 | = | 0.0% |
| Current assets | 29/58 | €96,515 | €98,945 | +€2,430 | +2.5% |
| Amounts receivable within one year | 40/41 | €23,172 | €25,084 | +€1,912 | +8.3% |
| Trade receivables | 40 | €13,515 | €24,422 | +€10,906 | +80.7% |
| Other amounts receivable | 41 | €9,656 | €662 | -€8,994 | -93.1% |
| Cash at bank and in hand | 54/58 | €73,167 | €72,390 | -€777 | -1.1% |
| Deferred charges and accrued income | 490/1 | €176 | €1,471 | +€1,295 | +734% |
| Total equity and liabilities | 10/49 | €102,649 | €103,799 | +€1,150 | +1.1% |
| Equity | 10/15 | €89,317 | €51,629 | -€37,688 | -42.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €70,237 | €33,029 | -€37,208 | -53.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,659 | €1,659 | = | 0.0% |
| Distributable reserves | 133 | €66,718 | €29,509 | -€37,208 | -55.8% |
| Profit (loss) carried forward | 14 | €480 | - | -€480 | |
| Amounts payable | 17/49 | €13,332 | €52,170 | +€38,838 | +291% |
| Amounts payable within one year | 42/48 | €13,332 | €52,170 | +€38,838 | +291% |
| Trade debts | 44 | €7,667 | €3,031 | -€4,636 | -60.5% |
| Suppliers | 440/4 | €7,667 | €3,031 | -€4,636 | -60.5% |
| Taxes, remuneration and social security | 45 | €5,665 | €11,372 | +€5,707 | +101% |
| Taxes | 450/3 | €5,665 | €11,372 | +€5,707 | +101% |
| Other amounts payable | 47/48 | - | €37,767 | +€37,767 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,678 | €4,687 | -€3,992 | -46.0% |
| Other operating charges | 640/8 | €671 | €906 | +€235 | +35.0% |
| Gross operating margin | 9900 | €18,482 | €15,767 | -€2,715 | -14.7% |
| Operating profit (loss) | 9901 | €9,133 | €10,174 | +€1,041 | +11.4% |
| Financial income | 75/76B | €521 | €1,325 | +€803 | +154% |
| Recurring financial income | 75 | €521 | €1,325 | +€803 | +154% |
| Financial charges | 65/66B | €1,354 | €1,188 | -€165 | -12.2% |
| Recurring financial charges | 65 | €1,354 | €1,188 | -€165 | -12.2% |
| Profit (loss) for the period before taxes | 9903 | €8,300 | €10,311 | +€2,010 | +24.2% |
| Income taxes | 67/77 | €2,428 | €2,734 | +€306 | +12.6% |
| Profit (loss) for the period | 9904 | €5,872 | €7,576 | +€1,704 | +29.0% |
| Profit (loss) for the period to be appropriated | 9905 | €5,872 | €7,576 | +€1,704 | +29.0% |
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 31 October 2026 via checked.be.