mat consult: 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 consult
Largest movements
- Current investments -€100,000
no longer reported in 2025 (was €100,000)
- Cash +€90,151
up €90,151 (+1317992.0%), from €7 to €90,157
mainly Current investments (+€100,000) and Net result for the year (+€15,004)
- Receivables within one year +€25,862
up €25,862 (+49.1%), from €52,694 to €78,556
- Advances received -€15,000
no longer reported in 2025 (was €15,000)
- Other debts +€15,000
new in 2025: €15,000
- Reserves +€10,000
up €10,000 (+34.5%), from €29,000 to €39,000
- Profit (loss) carried forward +€5,004
up €5,004 (+5.9%), from €84,990 to €89,994
- Financial income +€2,240
up €2,240 (+22399900.0%), from €0 to €2,240
- Other operating charges -€2,156
down €2,156 (-54.0%), from €3,994 to €1,838
- Gross operating margin -€1,265
down €1,265 (-4.4%), from €28,479 to €27,214
- Taxes -€1,170
down €1,170 (-10.9%), from €10,703 to €9,533
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.
Cash bridge derived
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 | €155,669 | €170,825 | +€15,156 | +9.7% |
| Fixed assets | 21/28 | €2,735 | €1,852 | -€882 | -32.3% |
| Tangible fixed assets | 22/27 | €2,735 | €1,852 | -€882 | -32.3% |
| Plant, machinery and equipment | 23 | €1,271 | €906 | -€365 | -28.7% |
| Furniture and vehicles | 24 | €1,463 | €946 | -€517 | -35.3% |
| Current assets | 29/58 | €152,934 | €168,973 | +€16,039 | +10.5% |
| Amounts receivable within one year | 40/41 | €52,694 | €78,556 | +€25,862 | +49.1% |
| Other amounts receivable | 41 | €52,694 | €78,556 | +€25,862 | +49.1% |
| Current investments | 50/53 | €100,000 | - | -€100,000 | |
| Cash at bank and in hand | 54/58 | €7 | €90,157 | +€90,151 | +1317992.0% |
| Deferred charges and accrued income | 490/1 | €233 | €259 | +€26 | +11.1% |
| Total equity and liabilities | 10/49 | €155,669 | €170,825 | +€15,156 | +9.7% |
| Equity | 10/15 | €122,050 | €137,054 | +€15,004 | +12.3% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €29,000 | €39,000 | +€10,000 | +34.5% |
| Non-distributable reserves | 130/1 | €29,000 | €39,000 | +€10,000 | +34.5% |
| Other | 1319 | €29,000 | €39,000 | +€10,000 | +34.5% |
| Profit (loss) carried forward | 14 | €84,990 | €89,994 | +€5,004 | +5.9% |
| Amounts payable | 17/49 | €33,618 | €33,771 | +€152 | +0.5% |
| Amounts payable within one year | 42/48 | €33,618 | €33,771 | +€152 | +0.5% |
| Trade debts | 44 | - | €457 | +€457 | |
| Suppliers | 440/4 | - | €457 | +€457 | |
| Advances received on contracts in progress | 46 | €15,000 | - | -€15,000 | |
| Taxes, remuneration and social security | 45 | €18,618 | €18,314 | -€305 | -1.6% |
| Taxes | 450/3 | €18,618 | €18,314 | -€305 | -1.6% |
| Other amounts payable | 47/48 | - | €15,000 | +€15,000 | |
| Non-recurring operating income | 76A | €4,737 | - | -€4,737 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €936 | €882 | -€54 | -5.8% |
| Other operating charges | 640/8 | €3,994 | €1,838 | -€2,156 | -54.0% |
| Non-recurring operating charges | 66A | - | €181 | +€181 | |
| Gross operating margin | 9900 | €28,479 | €27,214 | -€1,265 | -4.4% |
| Operating profit (loss) | 9901 | €23,548 | €24,312 | +€764 | +3.2% |
| Financial income | 75/76B | €0 | €2,240 | +€2,240 | +22399900.0% |
| Recurring financial income | 75 | €0 | €2,240 | +€2,240 | +22399900.0% |
| Financial charges | 65/66B | €1,821 | €2,015 | +€194 | +10.7% |
| Recurring financial charges | 65 | €1,821 | €2,015 | +€194 | +10.7% |
| Profit (loss) for the period before taxes | 9903 | €21,727 | €24,537 | +€2,809 | +12.9% |
| Income taxes | 67/77 | €10,703 | €9,533 | -€1,170 | -10.9% |
| Profit (loss) for the period | 9904 | €11,024 | €15,004 | +€3,980 | +36.1% |
| Profit (loss) for the period to be appropriated | 9905 | €11,024 | €15,004 | +€3,980 | +36.1% |
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 12 October 2026 via checked.be.