LIEN MATTHIJS: 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.
LIEN MATTHIJS
Largest movements
- Cash +€14,644
up €14,644 (+64.5%), from €22,700 to €37,343
mainly Net result for the year (+€13,145) and Receivables within one year (+€3,232)
- Receivables within one year -€3,232
no longer reported in 2025 (was €3,232)
- Tangible fixed assets +€1,136
up €1,136 (+18.7%), from €6,070 to €7,206
of which Furniture and vehicles: +€2,127
- Deferred charges and accrued income +€777
up €777 (+111.0%), from €700 to €1,477
- Reserves +€13,145
up €13,145 (+74.6%), from €17,630 to €30,775
- Tax, wage and social debts -€568
down €568 (-6.1%), from €9,338 to €8,769
- Trade debts +€549
up €549 (+2052.7%), from €27 to €575
- Gross operating margin +€15,228
up €15,228 (+216.2%), from €7,045 to €22,272
- Taxes +€3,881
up €3,881 (+187.7%), from €2,068 to €5,949
- Depreciation +€751
up €751 (+75.7%), from €992 to €1,742
- Other operating charges +€608
up €608 (+116.4%), from €522 to €1,131
- Financial charges -€230
down €230 (-42.0%), from €548 to €318
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 | €32,702 | €46,026 | +€13,324 | +40.7% |
| Fixed assets | 21/28 | €6,070 | €7,206 | +€1,136 | +18.7% |
| Tangible fixed assets | 22/27 | €6,070 | €7,206 | +€1,136 | +18.7% |
| Plant, machinery and equipment | 23 | €6,070 | €5,079 | -€992 | -16.3% |
| Furniture and vehicles | 24 | - | €2,127 | +€2,127 | |
| Current assets | 29/58 | €26,632 | €38,820 | +€12,188 | +45.8% |
| Amounts receivable within one year | 40/41 | €3,232 | - | -€3,232 | |
| Trade receivables | 40 | €3,232 | - | -€3,232 | |
| Cash at bank and in hand | 54/58 | €22,700 | €37,343 | +€14,644 | +64.5% |
| Deferred charges and accrued income | 490/1 | €700 | €1,477 | +€777 | +111.0% |
| Total equity and liabilities | 10/49 | €32,702 | €46,026 | +€13,324 | +40.7% |
| Equity | 10/15 | €20,130 | €33,275 | +€13,145 | +65.3% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €17,630 | €30,775 | +€13,145 | +74.6% |
| Distributable reserves | 133 | €17,630 | €30,775 | +€13,145 | +74.6% |
| Amounts payable | 17/49 | €12,572 | €12,751 | +€179 | +1.4% |
| Amounts payable within one year | 42/48 | €12,502 | €12,751 | +€249 | +2.0% |
| Trade debts | 44 | €27 | €575 | +€549 | +2052.7% |
| Suppliers | 440/4 | €27 | €575 | +€549 | +2052.7% |
| Taxes, remuneration and social security | 45 | €9,338 | €8,769 | -€568 | -6.1% |
| Taxes | 450/3 | €9,338 | €8,769 | -€568 | -6.1% |
| Other amounts payable | 47/48 | €3,138 | €3,406 | +€269 | +8.6% |
| Accrued charges and deferred income | 492/3 | €70 | - | -€70 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €992 | €1,742 | +€751 | +75.7% |
| Other operating charges | 640/8 | €522 | €1,131 | +€608 | +116.4% |
| Gross operating margin | 9900 | €7,045 | €22,272 | +€15,228 | +216.2% |
| Operating profit (loss) | 9901 | €5,531 | €19,399 | +€13,869 | +250.8% |
| Financial income | 75/76B | - | €13 | +€13 | |
| Recurring financial income | 75 | - | €13 | +€13 | |
| Financial charges | 65/66B | €548 | €318 | -€230 | -42.0% |
| Recurring financial charges | 65 | €548 | €318 | -€230 | -42.0% |
| Profit (loss) for the period before taxes | 9903 | €4,983 | €19,094 | +€14,112 | +283.2% |
| Income taxes | 67/77 | €2,068 | €5,949 | +€3,881 | +187.7% |
| Profit (loss) for the period | 9904 | €2,915 | €13,145 | +€10,231 | +351.0% |
| Profit (loss) for the period to be appropriated | 9905 | €2,915 | €13,145 | +€10,231 | +351.0% |
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 3 October 2026 via checked.be.