MAT & Cie: 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 & Cie
Largest movements
No asset line moved by more than 1% of the balance sheet total.
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin -€318,190
down €318,190 (-98.9%), from €321,820 to €3,630
- Taxes -€77,466
down €77,466 (-100.0%), from €77,503 to €37
- Financial charges -€21,652
down €21,652 (-86.1%), from €25,144 to €3,492
- Financial income -€9,201
down €9,201 (-100%), from €9,201 to €0
From the 31-03-2025 result to the 31-12-2025 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 31-03-2025 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-03-2025 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,231,490 | €5,192,313 | -€39,176 | -0.7% |
| Fixed assets | 21/28 | €5,179,996 | €5,179,996 | = | 0.0% |
| Financial fixed assets | 28 | €5,179,996 | €5,179,996 | = | 0.0% |
| Current assets | 29/58 | €51,494 | €12,317 | -€39,176 | -76.1% |
| Amounts receivable within one year | 40/41 | €24,000 | €9,476 | -€14,524 | -60.5% |
| Trade receivables | 40 | €0 | €9,476 | +€9,476 | |
| Other amounts receivable | 41 | €24,000 | €0 | -€24,000 | -100% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €27,494 | €0 | -€27,494 | -100% |
| Deferred charges and accrued income | 490/1 | €0 | €2,842 | +€2,842 | |
| Total equity and liabilities | 10/49 | €5,231,490 | €5,192,313 | -€39,176 | -0.7% |
| Equity | 10/15 | €2,628,091 | €2,628,192 | +€101 | 0.0% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,588,091 | €2,588,192 | +€101 | 0.0% |
| Amounts payable | 17/49 | €2,603,399 | €2,564,122 | -€39,277 | -1.5% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €2,602,703 | €2,564,122 | -€38,582 | -1.5% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €0 | €836 | +€836 | |
| Suppliers | 440/4 | €0 | €836 | +€836 | |
| Taxes, remuneration and social security | 45 | €18,743 | €18,780 | +€37 | +0.2% |
| Taxes | 450/3 | €18,743 | €18,780 | +€37 | +0.2% |
| Other amounts payable | 47/48 | €2,583,961 | €2,544,506 | -€39,455 | -1.5% |
| Accrued charges and deferred income | 492/3 | €696 | €0 | -€696 | -100% |
| Gross operating margin | 9900 | €321,820 | €3,630 | -€318,190 | -98.9% |
| Operating profit (loss) | 9901 | €321,820 | €3,630 | -€318,190 | -98.9% |
| Financial income | 75/76B | €9,201 | €0 | -€9,201 | -100% |
| Recurring financial income | 75 | €9,201 | €0 | -€9,201 | -100% |
| Financial charges | 65/66B | €25,144 | €3,492 | -€21,652 | -86.1% |
| Recurring financial charges | 65 | €25,144 | €3,492 | -€21,652 | -86.1% |
| Profit (loss) for the period before taxes | 9903 | €305,877 | €138 | -€305,739 | -100.0% |
| Income taxes | 67/77 | €77,503 | €37 | -€77,466 | -100.0% |
| Profit (loss) for the period | 9904 | €228,374 | €101 | -€228,273 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | €228,374 | €101 | -€228,273 | -100.0% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.