J.C.L. MAT: what changed
J.C.L. MAT
Largest movements
- Receivables within one year -€55,036
down €55,036 (-47.5%), from €115,772 to €60,736
of which Trade receivables: -€44,204
- Tangible fixed assets -€32,942
down €32,942 (-19.8%), from €166,451 to €133,509
of which Furniture and vehicles: -€22,143
- Cash +€3,029
up €3,029 (+32.2%), from €9,395 to €12,423
mainly Receivables within one year (+€55,036) and Depreciation (+€39,342)
- Other debts -€54,877
down €54,877 (-87.4%), from €62,768 to €7,890
- Current portion of long-term debt -€22,143
down €22,143 (-59.6%), from €37,143 to €15,000
- Profit (loss) carried forward +€18,952
up €18,952, from -€15,338 to €3,614
- Debts after one year -€15,000
down €15,000 (-33.3%), from €45,000 to €30,000
- Trade debts -€8,859
down €8,859 (-54.9%), from €16,149 to €7,290
- Gross operating margin +€1,285
up €1,285 (+2.2%), from €59,328 to €60,614
- Financial charges -€1,022
down €1,022 (-27.4%), from €3,728 to €2,706
Change in the result, 2022 to 2023
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2022 and 2023 balance sheets and the 2023 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €291,618 | €206,669 | -€84,949 | -29.1% |
| Fixed assets | 21/28 | €166,451 | €133,509 | -€32,942 | -19.8% |
| Tangible fixed assets | 22/27 | €166,451 | €133,509 | -€32,942 | -19.8% |
| Land and buildings | 22 | €137,207 | €128,310 | -€8,897 | -6.5% |
| Plant, machinery and equipment | 23 | €7,101 | €5,200 | -€1,902 | -26.8% |
| Furniture and vehicles | 24 | €22,143 | - | -€22,143 | |
| Current assets | 29/58 | €125,167 | €73,160 | -€52,008 | -41.6% |
| Amounts receivable within one year | 40/41 | €115,772 | €60,736 | -€55,036 | -47.5% |
| Trade receivables | 40 | €102,542 | €58,339 | -€44,204 | -43.1% |
| Other amounts receivable | 41 | €13,230 | €2,397 | -€10,833 | -81.9% |
| Cash at bank and in hand | 54/58 | €9,395 | €12,423 | +€3,029 | +32.2% |
| Total equity and liabilities | 10/49 | €291,618 | €206,669 | -€84,949 | -29.1% |
| Equity | 10/15 | €130,558 | €146,489 | +€15,931 | +12.2% |
| Contributions | 10/11 | €118,600 | €118,600 | = | 0.0% |
| Reserves | 13 | €105 | €105 | = | 0.0% |
| Non-distributable reserves | 130/1 | €105 | €105 | = | 0.0% |
| Reserves not available under the articles | 1311 | €105 | €105 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,338 | €3,614 | +€18,952 | |
| Investment grants | 15 | €27,192 | €24,170 | -€3,021 | -11.1% |
| Amounts payable | 17/49 | €161,059 | €60,180 | -€100,880 | -62.6% |
| Amounts payable after more than one year | 17 | €45,000 | €30,000 | -€15,000 | -33.3% |
| Financial debts | 170/4 | €45,000 | €30,000 | -€15,000 | -33.3% |
| Amounts payable within one year | 42/48 | €116,059 | €30,180 | -€85,880 | -74.0% |
| Current portion of amounts payable after more than one year | 42 | €37,143 | €15,000 | -€22,143 | -59.6% |
| Trade debts | 44 | €16,149 | €7,290 | -€8,859 | -54.9% |
| Suppliers | 440/4 | €16,149 | €7,290 | -€8,859 | -54.9% |
| Other amounts payable | 47/48 | €62,768 | €7,890 | -€54,877 | -87.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,823 | €39,342 | +€519 | +1.3% |
| Other operating charges | 640/8 | €2,838 | €2,635 | -€203 | -7.1% |
| Gross operating margin | 9900 | €59,328 | €60,614 | +€1,285 | +2.2% |
| Operating profit (loss) | 9901 | €17,667 | €18,637 | +€969 | +5.5% |
| Financial income | 75/76B | €3,021 | €3,021 | = | 0.0% |
| Recurring financial income | 75 | €3,021 | €3,021 | = | 0.0% |
| Financial charges | 65/66B | €3,728 | €2,706 | -€1,022 | -27.4% |
| Recurring financial charges | 65 | €3,728 | €2,706 | -€1,022 | -27.4% |
| Profit (loss) for the period before taxes | 9903 | €16,960 | €18,952 | +€1,992 | +11.7% |
| Profit (loss) for the period | 9904 | €16,960 | €18,952 | +€1,992 | +11.7% |
| Profit (loss) for the period to be appropriated | 9905 | €16,960 | €18,952 | +€1,992 | +11.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.