m@ttias: 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@ttias
Largest movements
- Cash +€18,867
up €18,867 (+180%), from €10,468 to €29,335
mainly Net result for the year (+€23,742) and Accrued charges and deferred income (+€2,484)
- Tangible fixed assets +€6,961
up €6,961 (+345%), from €2,018 to €8,979
- Deferred charges and accrued income -€1,125
down €1,125 (-11.9%), from €9,412 to €8,287
- Reserves +€23,742
new in 2025: €23,742
- Other debts -€4,111
down €4,111 (-34.1%), from €12,043 to €7,932
- Accrued charges and deferred income +€2,484
up €2,484 (+2,235%), from €111 to €2,595
- Trade debts +€1,612
up €1,612 (+230%), from €700 to €2,312
- Tax, wage and social debts +€977
up €977 (+10.3%), from €9,520 to €10,496
of which Taxes: +€986
- Gross operating margin +€26,342
up €26,342 (+197%), from €13,346 to €39,688
- Taxes +€7,848
up €7,848 (+286%), from €2,745 to €10,593
- Other operating charges +€1,669
up €1,669 (+868%), from €192 to €1,861
- Financial charges +€1,246
up €1,246 (+116%), from €1,071 to €2,316
- Depreciation +€962
up €962 (+448%), from €215 to €1,176
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 | €33,998 | €58,701 | +€24,703 | +72.7% |
| Fixed assets | 21/28 | €2,018 | €8,979 | +€6,961 | +345% |
| Tangible fixed assets | 22/27 | €2,018 | €8,979 | +€6,961 | +345% |
| Land and buildings | 22 | - | €3,320 | +€3,320 | |
| Furniture and vehicles | 24 | €2,018 | €4,472 | +€2,454 | +122% |
| Assets under construction and advance payments | 27 | - | €1,187 | +€1,187 | |
| Current assets | 29/58 | €31,980 | €49,722 | +€17,742 | +55.5% |
| Amounts receivable within one year | 40/41 | €12,100 | €12,100 | = | 0.0% |
| Trade receivables | 40 | €12,100 | €12,100 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €10,468 | €29,335 | +€18,867 | +180% |
| Deferred charges and accrued income | 490/1 | €9,412 | €8,287 | -€1,125 | -11.9% |
| Total equity and liabilities | 10/49 | €33,998 | €58,701 | +€24,703 | +72.7% |
| Equity | 10/15 | €11,623 | €35,365 | +€23,742 | +204% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | - | €23,742 | +€23,742 | |
| Distributable reserves | 133 | - | €23,742 | +€23,742 | |
| Profit (loss) carried forward | 14 | €9,123 | €9,123 | = | 0.0% |
| Amounts payable | 17/49 | €22,374 | €23,336 | +€962 | +4.3% |
| Amounts payable within one year | 42/48 | €22,263 | €20,741 | -€1,522 | -6.8% |
| Trade debts | 44 | €700 | €2,312 | +€1,612 | +230% |
| Suppliers | 440/4 | €700 | €2,312 | +€1,612 | +230% |
| Taxes, remuneration and social security | 45 | €9,520 | €10,496 | +€977 | +10.3% |
| Taxes | 450/3 | €7,056 | €8,042 | +€986 | +14.0% |
| Remuneration and social security | 454/9 | €2,464 | €2,455 | -€9 | -0.4% |
| Other amounts payable | 47/48 | €12,043 | €7,932 | -€4,111 | -34.1% |
| Accrued charges and deferred income | 492/3 | €111 | €2,595 | +€2,484 | +2,235% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €215 | €1,176 | +€962 | +448% |
| Other operating charges | 640/8 | €192 | €1,861 | +€1,669 | +868% |
| Gross operating margin | 9900 | €13,346 | €39,688 | +€26,342 | +197% |
| Operating profit (loss) | 9901 | €12,939 | €36,651 | +€23,712 | +183% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,071 | €2,316 | +€1,246 | +116% |
| Recurring financial charges | 65 | €1,071 | €2,316 | +€1,246 | +116% |
| Profit (loss) for the period before taxes | 9903 | €11,868 | €34,334 | +€22,466 | +189% |
| Income taxes | 67/77 | €2,745 | €10,593 | +€7,848 | +286% |
| Profit (loss) for the period | 9904 | €9,123 | €23,742 | +€14,618 | +160% |
| Profit (loss) for the period to be appropriated | 9905 | €9,123 | €23,742 | +€14,618 | +160% |
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 15 October 2026 via checked.be.