MAT Consulting: 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 Consulting
Largest movements
- Cash -€63,750
down €63,750 (-33.3%), from €191,516 to €127,766
mainly Investment in fixed assets (net) (-€59,558) and Current investments (-€50,001)
- Current investments +€50,001
up €50,001 (+56.1%), from €89,139 to €139,141
- Tangible fixed assets +€43,066
up €43,066 (+1776.5%), from €2,424 to €45,490
of which Furniture and vehicles: +€43,250
- Receivables within one year -€10,105
down €10,105 (-44.4%), from €22,755 to €12,650
of which Trade receivables: -€7,888
- Reserves +€20,139
up €20,139 (+6.9%), from €291,573 to €311,712
of which Distributable reserves: +€20,139
- Depreciation +€16,093
up €16,093 (+4036.0%), from €399 to €16,492
- Gross operating margin -€11,237
down €11,237 (-21.2%), from €52,887 to €41,650
- Taxes -€5,919
down €5,919 (-42.3%), from €14,000 to €8,080
- Financial income +€4,510
up €4,510 (+1454703.2%), from €0 to €4,510
- Other operating charges -€2,971
down €2,971 (-81.9%), from €3,629 to €658
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 | €308,281 | €326,522 | +€18,241 | +5.9% |
| Fixed assets | 21/28 | €2,424 | €45,490 | +€43,066 | +1776.5% |
| Tangible fixed assets | 22/27 | €2,424 | €45,490 | +€43,066 | +1776.5% |
| Land and buildings | 22 | €184 | - | -€184 | |
| Furniture and vehicles | 24 | €2,240 | €45,490 | +€43,250 | +1930.8% |
| Current assets | 29/58 | €305,857 | €281,032 | -€24,825 | -8.1% |
| Amounts receivable within one year | 40/41 | €22,755 | €12,650 | -€10,105 | -44.4% |
| Trade receivables | 40 | €10,521 | €2,633 | -€7,888 | -75.0% |
| Other amounts receivable | 41 | €12,234 | €10,017 | -€2,217 | -18.1% |
| Current investments | 50/53 | €89,139 | €139,141 | +€50,001 | +56.1% |
| Cash at bank and in hand | 54/58 | €191,516 | €127,766 | -€63,750 | -33.3% |
| Deferred charges and accrued income | 490/1 | €2,448 | €1,475 | -€972 | -39.7% |
| Total equity and liabilities | 10/49 | €308,281 | €326,522 | +€18,241 | +5.9% |
| Equity | 10/15 | €297,773 | €317,912 | +€20,139 | +6.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €291,573 | €311,712 | +€20,139 | +6.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €289,713 | €309,852 | +€20,139 | +7.0% |
| Amounts payable | 17/49 | €10,509 | €8,610 | -€1,898 | -18.1% |
| Amounts payable within one year | 42/48 | €10,509 | €8,610 | -€1,898 | -18.1% |
| Trade debts | 44 | €5,262 | €3,454 | -€1,808 | -34.4% |
| Suppliers | 440/4 | €5,262 | €3,454 | -€1,808 | -34.4% |
| Taxes, remuneration and social security | 45 | - | €1,135 | +€1,135 | |
| Taxes | 450/3 | - | €1,135 | +€1,135 | |
| Other amounts payable | 47/48 | €5,247 | €4,022 | -€1,225 | -23.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €399 | €16,492 | +€16,093 | +4036.0% |
| Other operating charges | 640/8 | €3,629 | €658 | -€2,971 | -81.9% |
| Gross operating margin | 9900 | €52,887 | €41,650 | -€11,237 | -21.2% |
| Operating profit (loss) | 9901 | €48,859 | €24,500 | -€24,359 | -49.9% |
| Financial income | 75/76B | €0 | €4,510 | +€4,510 | +1454703.2% |
| Recurring financial income | 75 | €0 | €4,510 | +€4,510 | +1454703.2% |
| Financial charges | 65/66B | €2,442 | €790 | -€1,651 | -67.6% |
| Recurring financial charges | 65 | €2,442 | €790 | -€1,651 | -67.6% |
| Profit (loss) for the period before taxes | 9903 | €46,418 | €28,220 | -€18,198 | -39.2% |
| Income taxes | 67/77 | €14,000 | €8,080 | -€5,919 | -42.3% |
| Profit (loss) for the period | 9904 | €32,418 | €20,139 | -€12,279 | -37.9% |
| Profit (loss) for the period to be appropriated | 9905 | €32,418 | €20,139 | -€12,279 | -37.9% |
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 10 October 2026 via checked.be.