MAT CARRÉ: 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.
MAT CARRÉ
Largest movements
- Cash -€4,768
down €4,768 (-35.2%), from €13,531 to €8,763
mainly Trade debts (-€3,031) and Investment in fixed assets (net) (-€2,432)
- Tangible fixed assets +€1,278
up €1,278 (+48.4%), from €2,641 to €3,919
- Trade debts -€3,031
down €3,031 (-96.8%), from €3,131 to €100
- Reserves -€463
down €463 (-2.8%), from €16,786 to €16,322
- Depreciation +€619
up €619 (+116%), from €535 to €1,154
- Gross operating margin -€143
down €143 (-120%), from -€120 to -€263
- Financial income -€75
down €75 (-8.5%), from €888 to €813
- Financial charges -€21
down €21 (-28.0%), from €75 to €54
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 | €32,918 | €29,229 | -€3,689 | -11.2% |
| Fixed assets | 21/28 | €2,641 | €3,919 | +€1,278 | +48.4% |
| Tangible fixed assets | 22/27 | €2,641 | €3,919 | +€1,278 | +48.4% |
| Plant, machinery and equipment | 23 | €2,641 | €3,919 | +€1,278 | +48.4% |
| Current assets | 29/58 | €30,277 | €25,310 | -€4,968 | -16.4% |
| Amounts receivable within one year | 40/41 | €16,747 | €16,547 | -€200 | -1.2% |
| Trade receivables | 40 | - | €332 | +€332 | |
| Other amounts receivable | 41 | €16,747 | €16,215 | -€532 | -3.2% |
| Cash at bank and in hand | 54/58 | €13,531 | €8,763 | -€4,768 | -35.2% |
| Total equity and liabilities | 10/49 | €32,918 | €29,229 | -€3,689 | -11.2% |
| Equity | 10/15 | €29,186 | €28,528 | -€658 | -2.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €16,786 | €16,322 | -€463 | -2.8% |
| Distributable reserves | 133 | €16,786 | €16,322 | -€463 | -2.8% |
| Profit (loss) carried forward | 14 | - | -€195 | -€195 | |
| Amounts payable | 17/49 | €3,732 | €701 | -€3,031 | -81.2% |
| Amounts payable within one year | 42/48 | €3,732 | €701 | -€3,031 | -81.2% |
| Trade debts | 44 | €3,131 | €100 | -€3,031 | -96.8% |
| Suppliers | 440/4 | €3,131 | €100 | -€3,031 | -96.8% |
| Taxes, remuneration and social security | 45 | €602 | €602 | = | 0.0% |
| Taxes | 450/3 | €602 | €602 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €535 | €1,154 | +€619 | +116% |
| Gross operating margin | 9900 | -€120 | -€263 | -€143 | -120% |
| Operating profit (loss) | 9901 | -€655 | -€1,417 | -€762 | -116% |
| Financial income | 75/76B | €888 | €813 | -€75 | -8.5% |
| Recurring financial income | 75 | €888 | €813 | -€75 | -8.5% |
| Financial charges | 65/66B | €75 | €54 | -€21 | -28.0% |
| Recurring financial charges | 65 | €75 | €54 | -€21 | -28.0% |
| Profit (loss) for the period before taxes | 9903 | €158 | -€658 | -€816 | |
| Profit (loss) for the period | 9904 | €158 | -€658 | -€816 | |
| Profit (loss) for the period to be appropriated | 9905 | €158 | -€658 | -€816 |
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 27 October 2026 via checked.be.