MAT-DECO: what changed
What changed
MAT-DECO
NACE 56.111, Full-service restaurants
filed annual accounts (NBB)
Net result for the year
€19,587
2024 · €11,839+€7,748
Equity
€72,222
2024 · €52,635+€19,587
Cash
€45,780
2024 · €43,062+€2,717
Balance sheet total
€299,641
2024 · €340,596-€40,955
Largest movements
Assets
- Tangible fixed assets -€41,511
down €41,511 (-16.6%), from €250,681 to €209,170
of which Land and buildings: -€32,853
- Intangible fixed assets -€6,000
down €6,000 (-14.8%), from €40,504 to €34,504
- Stocks and contracts +€3,575
up €3,575 (+125%), from €2,850 to €6,425
Equity and liabilities
- Other debts -€43,728
down €43,728 (-50.6%), from €86,355 to €42,627
- Debts after one year -€20,686
down €20,686 (-14.8%), from €139,454 to €118,767
- Reserves +€19,587
up €19,587 (+41.1%), from €47,635 to €67,222
- Tax, wage and social debts -€7,601
down €7,601 (-44.2%), from €17,210 to €9,608
of which Taxes: -€7,601
- Current portion of long-term debt +€7,526
up €7,526 (+35.6%), from €21,160 to €28,686
Income statement
- Staff costs -€7,293
down €7,293 (-91.5%), from €7,969 to €676
- Depreciation -€3,879
down €3,879 (-7.5%), from €51,801 to €47,922
- Taxes +€2,598
up €2,598 (+46.3%), from €5,612 to €8,210
- Gross operating margin -€1,549
down €1,549 (-1.8%), from €87,151 to €85,602
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
€11,839
Gross operating margin
-€1,549
Staff costs
+€7,293
Depreciation
+€3,879
Other operating charges
+€175
Financial income
-€27
Financial charges
+€575
Taxes
-€2,598
Result 2025
€19,587
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€16,288
Investment
-€411
Financing
-€13,160
Cash 2024
€43,062
From operations (derived)
+€16,288
Net result for the year
+€19,587
Depreciation
+€47,922
Stocks and contracts
-€3,575
Receivables within one year
-€76
Deferred charges and accrued income
-€187
Trade debts
+€3,948
Tax, wage and social debts
-€7,601
Other debts
-€43,728
Investment (derived)
-€411
Investment in fixed assets (net)
-€411
Financing
-€13,160
Debts after one year
-€20,686
Current portion of long-term debt
+€7,526
Cash 2025
€45,780
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €340,596 | €299,641 | -€40,955 | -12.0% |
| Fixed assets | 21/28 | €291,185 | €243,674 | -€47,511 | -16.3% |
| Intangible fixed assets | 21 | €40,504 | €34,504 | -€6,000 | -14.8% |
| Tangible fixed assets | 22/27 | €250,681 | €209,170 | -€41,511 | -16.6% |
| Land and buildings | 22 | €230,163 | €197,309 | -€32,853 | -14.3% |
| Plant, machinery and equipment | 23 | €15,787 | €9,617 | -€6,170 | -39.1% |
| Furniture and vehicles | 24 | €4,732 | €2,244 | -€2,488 | -52.6% |
| Current assets | 29/58 | €49,411 | €55,967 | +€6,556 | +13.3% |
| Stocks and contracts in progress | 3 | €2,850 | €6,425 | +€3,575 | +125% |
| Stocks | 30/36 | €2,850 | €6,425 | +€3,575 | +125% |
| Amounts receivable within one year | 40/41 | €1,683 | €1,759 | +€76 | +4.5% |
| Trade receivables | 40 | €1,683 | - | -€1,683 | |
| Other amounts receivable | 41 | - | €1,759 | +€1,759 | |
| Cash at bank and in hand | 54/58 | €43,062 | €45,780 | +€2,717 | +6.3% |
| Deferred charges and accrued income | 490/1 | €1,816 | €2,003 | +€187 | +10.3% |
| Total equity and liabilities | 10/49 | €340,596 | €299,641 | -€40,955 | -12.0% |
| Equity | 10/15 | €52,635 | €72,222 | +€19,587 | +37.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €47,635 | €67,222 | +€19,587 | +41.1% |
| Distributable reserves | 133 | €47,635 | €67,222 | +€19,587 | +41.1% |
| Amounts payable | 17/49 | €287,962 | €227,419 | -€60,542 | -21.0% |
| Amounts payable after more than one year | 17 | €139,454 | €118,767 | -€20,686 | -14.8% |
| Financial debts | 170/4 | €139,454 | €118,767 | -€20,686 | -14.8% |
| Amounts payable within one year | 42/48 | €148,508 | €108,652 | -€39,856 | -26.8% |
| Current portion of amounts payable after more than one year | 42 | €21,160 | €28,686 | +€7,526 | +35.6% |
| Trade debts | 44 | €23,783 | €27,731 | +€3,948 | +16.6% |
| Suppliers | 440/4 | €23,783 | €27,731 | +€3,948 | +16.6% |
| Taxes, remuneration and social security | 45 | €17,210 | €9,608 | -€7,601 | -44.2% |
| Taxes | 450/3 | €14,210 | €6,608 | -€7,601 | -53.5% |
| Remuneration and social security | 454/9 | €3,000 | €3,000 | = | 0.0% |
| Other amounts payable | 47/48 | €86,355 | €42,627 | -€43,728 | -50.6% |
| Non-recurring operating income | 76A | - | €1,136 | +€1,136 | |
| Remuneration, social security and pensions | 62 | €7,969 | €676 | -€7,293 | -91.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,801 | €47,922 | -€3,879 | -7.5% |
| Other operating charges | 640/8 | €5,940 | €5,765 | -€175 | -2.9% |
| Gross operating margin | 9900 | €87,151 | €85,602 | -€1,549 | -1.8% |
| Operating profit (loss) | 9901 | €21,441 | €31,239 | +€9,798 | +45.7% |
| Financial income | 75/76B | €32 | €5 | -€27 | -83.9% |
| Recurring financial income | 75 | €32 | €5 | -€27 | -83.9% |
| Financial charges | 65/66B | €4,021 | €3,446 | -€575 | -14.3% |
| Recurring financial charges | 65 | €4,021 | €3,446 | -€575 | -14.3% |
| Profit (loss) for the period before taxes | 9903 | €17,452 | €27,797 | +€10,346 | +59.3% |
| Income taxes | 67/77 | €5,612 | €8,210 | +€2,598 | +46.3% |
| Profit (loss) for the period | 9904 | €11,839 | €19,587 | +€7,748 | +65.4% |
| Profit (loss) for the period to be appropriated | 9905 | €11,839 | €19,587 | +€7,748 | +65.4% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.