MAT-AIR-CO: what changed
What changed
MAT-AIR-CO
filed annual accounts (NBB)
Net result for the year
€129
2024 · €2,978-€2,850
Equity
€155,046
2024 · €154,917+€129
Cash
-
not filed
Balance sheet total
€354,648
2024 · €389,100-€34,452
Largest movements
Assets
- Tangible fixed assets -€42,136
down €42,136 (-13.0%), from €325,257 to €283,121
of which Land and buildings: -€42,136
- Receivables within one year +€7,684
up €7,684 (+12.0%), from €63,843 to €71,527
Equity and liabilities
- Debts after one year -€72,859
down €72,859 (-31.9%), from €228,113 to €155,254
- Trade debts +€38,557
new in 2025: €38,557
Income statement
- Gross operating margin -€7,029
down €7,029 (-12.3%), from €57,274 to €50,244
- Financial charges -€3,144
down €3,144 (-25.8%), from €12,200 to €9,056
- Taxes -€671
down €671 (-72.9%), from €920 to €249
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€2,978
Gross operating margin
-€7,029
Other operating charges
-€87
Financial income
+€452
Financial charges
+€3,144
Taxes
+€671
Result 2025
€129
raises the resultlowers the result
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts. So the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €389,100 | €354,648 | -€34,452 | -8.9% |
| Fixed assets | 21/28 | €325,257 | €283,121 | -€42,136 | -13.0% |
| Tangible fixed assets | 22/27 | €325,257 | €283,121 | -€42,136 | -13.0% |
| Land and buildings | 22 | €324,953 | €282,817 | -€42,136 | -13.0% |
| Furniture and vehicles | 24 | €304 | €304 | = | 0.0% |
| Current assets | 29/58 | €63,843 | €71,527 | +€7,684 | +12.0% |
| Amounts receivable within one year | 40/41 | €63,843 | €71,527 | +€7,684 | +12.0% |
| Other amounts receivable | 41 | €63,843 | €71,527 | +€7,684 | +12.0% |
| Total equity and liabilities | 10/49 | €389,100 | €354,648 | -€34,452 | -8.9% |
| Equity | 10/15 | €154,917 | €155,046 | +€129 | +0.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | €18,592 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €131,650 | €131,650 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €129,791 | €129,791 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,676 | €4,804 | +€129 | +2.7% |
| Amounts payable | 17/49 | €234,183 | €199,602 | -€34,581 | -14.8% |
| Amounts payable after more than one year | 17 | €228,113 | €155,254 | -€72,859 | -31.9% |
| Financial debts | 170/4 | €228,113 | €155,254 | -€72,859 | -31.9% |
| Amounts payable within one year | 42/48 | €6,070 | €44,348 | +€38,278 | +631% |
| Financial debts | 43 | €5,149 | €4,621 | -€528 | -10.3% |
| Credit institutions | 430/8 | €5,149 | €4,621 | -€528 | -10.3% |
| Trade debts | 44 | - | €38,557 | +€38,557 | |
| Suppliers | 440/4 | - | €38,557 | +€38,557 | |
| Taxes, remuneration and social security | 45 | €920 | €1,170 | +€249 | +27.1% |
| Taxes | 450/3 | €920 | €1,170 | +€249 | +27.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,136 | €42,136 | = | 0.0% |
| Other operating charges | 640/8 | €2,794 | €2,882 | +€87 | +3.1% |
| Gross operating margin | 9900 | €57,274 | €50,244 | -€7,029 | -12.3% |
| Operating profit (loss) | 9901 | €12,344 | €5,227 | -€7,117 | -57.7% |
| Financial income | 75/76B | €3,756 | €4,207 | +€452 | +12.0% |
| Recurring financial income | 75 | €3,756 | €4,207 | +€452 | +12.0% |
| Financial charges | 65/66B | €12,200 | €9,056 | -€3,144 | -25.8% |
| Recurring financial charges | 65 | €12,200 | €9,056 | -€3,144 | -25.8% |
| Profit (loss) for the period before taxes | 9903 | €3,899 | €378 | -€3,521 | -90.3% |
| Income taxes | 67/77 | €920 | €249 | -€671 | -72.9% |
| Profit (loss) for the period | 9904 | €2,978 | €129 | -€2,850 | -95.7% |
| Profit (loss) for the period to be appropriated | 9905 | €2,978 | €129 | -€2,850 | -95.7% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.