M.A.T. SERVICES: 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.
M.A.T. SERVICES
Largest movements
- Current investments -€70,000
down €70,000 (-100%), from €70,000 to €0
- Cash +€30,367
up €30,367 (+20.6%), from €147,614 to €177,981
mainly Current investments (+€70,000) and Net result for the year (+€26,797)
- Tangible fixed assets -€8,862
down €8,862 (-13.7%), from €64,902 to €56,040
of which Land and buildings: -€14,214
- Receivables within one year +€4,097
up €4,097 (+25.6%), from €16,031 to €20,128
of which Other amounts receivable: +€3,000
- Deferred charges and accrued income +€3,471
new in 2025: €3,471
- Other debts -€59,746
down €59,746 (-63.4%), from €94,191 to €34,445
- Reserves +€25,938
up €25,938 (+18.4%), from €141,315 to €167,253
- Tax, wage and social debts -€10,388
down €10,388 (-57.6%), from €18,030 to €7,643
- Gross operating margin -€40,507
down €40,507 (-38.3%), from €105,833 to €65,326
- Taxes -€10,281
down €10,281 (-49.1%), from €20,926 to €10,644
- Depreciation -€10,234
down €10,234 (-29.1%), from €35,124 to €24,890
- Financial charges -€1,472
down €1,472 (-34.0%), from €4,330 to €2,858
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 | €298,547 | €257,620 | -€40,926 | -13.7% |
| Fixed assets | 21/28 | €64,902 | €56,040 | -€8,862 | -13.7% |
| Tangible fixed assets | 22/27 | €64,902 | €56,040 | -€8,862 | -13.7% |
| Land and buildings | 22 | €50,608 | €36,394 | -€14,214 | -28.1% |
| Plant, machinery and equipment | 23 | €2,908 | €5,376 | +€2,468 | +84.9% |
| Furniture and vehicles | 24 | €11,386 | €14,270 | +€2,884 | +25.3% |
| Current assets | 29/58 | €233,645 | €201,580 | -€32,065 | -13.7% |
| Amounts receivable within one year | 40/41 | €16,031 | €20,128 | +€4,097 | +25.6% |
| Trade receivables | 40 | €11,954 | €13,052 | +€1,098 | +9.2% |
| Other amounts receivable | 41 | €4,077 | €7,076 | +€3,000 | +73.6% |
| Current investments | 50/53 | €70,000 | €0 | -€70,000 | -100% |
| Cash at bank and in hand | 54/58 | €147,614 | €177,981 | +€30,367 | +20.6% |
| Deferred charges and accrued income | 490/1 | - | €3,471 | +€3,471 | |
| Total equity and liabilities | 10/49 | €298,547 | €257,620 | -€40,926 | -13.7% |
| Equity | 10/15 | €186,325 | €212,263 | +€25,938 | +13.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €141,315 | €167,253 | +€25,938 | +18.4% |
| Distributable reserves | 133 | €141,315 | €167,253 | +€25,938 | +18.4% |
| Profit (loss) carried forward | 14 | €26,410 | €26,410 | = | 0.0% |
| Amounts payable | 17/49 | €112,222 | €45,357 | -€66,864 | -59.6% |
| Amounts payable within one year | 42/48 | €112,222 | €42,620 | -€69,602 | -62.0% |
| Trade debts | 44 | - | €532 | +€532 | |
| Suppliers | 440/4 | - | €532 | +€532 | |
| Taxes, remuneration and social security | 45 | €18,030 | €7,643 | -€10,388 | -57.6% |
| Taxes | 450/3 | €18,030 | €7,643 | -€10,388 | -57.6% |
| Other amounts payable | 47/48 | €94,191 | €34,445 | -€59,746 | -63.4% |
| Accrued charges and deferred income | 492/3 | - | €2,737 | +€2,737 | |
| Non-recurring operating income | 76A | - | €7,232 | +€7,232 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,124 | €24,890 | -€10,234 | -29.1% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €0 | = | |
| Other operating charges | 640/8 | €2,644 | €2,170 | -€474 | -17.9% |
| Gross operating margin | 9900 | €105,833 | €65,326 | -€40,507 | -38.3% |
| Operating profit (loss) | 9901 | €68,065 | €38,266 | -€29,799 | -43.8% |
| Financial income | 75/76B | €1,776 | €2,034 | +€257 | +14.5% |
| Recurring financial income | 75 | €1,776 | €2,034 | +€257 | +14.5% |
| Financial charges | 65/66B | €4,330 | €2,858 | -€1,472 | -34.0% |
| Recurring financial charges | 65 | €4,330 | €2,858 | -€1,472 | -34.0% |
| Profit (loss) for the period before taxes | 9903 | €65,511 | €37,441 | -€28,069 | -42.8% |
| Income taxes | 67/77 | €20,926 | €10,644 | -€10,281 | -49.1% |
| Profit (loss) for the period | 9904 | €44,585 | €26,797 | -€17,788 | -39.9% |
| Profit (loss) for the period to be appropriated | 9905 | €44,585 | €26,797 | -€17,788 | -39.9% |
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 30 October 2026 via checked.be.