MAT DECOR: 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 DECOR
Largest movements
- Stocks and contracts +€22,023
up €22,023 (+21.8%), from €100,947 to €122,970
- Cash -€8,401
down €8,401 (-48.4%), from €17,348 to €8,947
mainly Stocks and contracts (-€22,023) and Other debts (-€6,476)
- Receivables within one year -€4,222
down €4,222 (-6.3%), from €66,500 to €62,278
of which Other amounts receivable: -€2,359
- Profit (loss) carried forward +€16,729
up €16,729 (+62.8%), from €26,640 to €43,370
- Other debts -€6,476
down €6,476 (-21.0%), from €30,895 to €24,419
- Trade debts -€2,500
down €2,500 (-2.5%), from €98,603 to €96,103
- Other operating charges -€16,265
down €16,265 (-97.2%), from €16,730 to €466
- Gross operating margin -€11,111
down €11,111 (-37.3%), from €29,749 to €18,638
- Taxes -€7,492
no longer reported in 2025 (was €7,492)
- Depreciation +€568
up €568 (+165.9%), from €342 to €910
- Financial charges +€320
up €320 (+149.4%), from €214 to €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 | €189,524 | €198,015 | +€8,491 | +4.5% |
| Fixed assets | 21/28 | €4,730 | €3,820 | -€910 | -19.2% |
| Tangible fixed assets | 22/27 | €4,540 | €3,630 | -€910 | -20.0% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €4,540 | €3,630 | -€910 | -20.0% |
| Financial fixed assets | 28 | €190 | €190 | = | 0.0% |
| Current assets | 29/58 | €184,794 | €194,195 | +€9,401 | +5.1% |
| Stocks and contracts in progress | 3 | €100,947 | €122,970 | +€22,023 | +21.8% |
| Stocks | 30/36 | €100,947 | €122,970 | +€22,023 | +21.8% |
| Amounts receivable within one year | 40/41 | €66,500 | €62,278 | -€4,222 | -6.3% |
| Trade receivables | 40 | €64,141 | €62,278 | -€1,863 | -2.9% |
| Other amounts receivable | 41 | €2,359 | - | -€2,359 | |
| Cash at bank and in hand | 54/58 | €17,348 | €8,947 | -€8,401 | -48.4% |
| Total equity and liabilities | 10/49 | €189,524 | €198,015 | +€8,491 | +4.5% |
| Equity | 10/15 | €50,890 | €67,620 | +€16,729 | +32.9% |
| Contributions | 10/11 | €24,250 | €24,250 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,640 | €43,370 | +€16,729 | +62.8% |
| Amounts payable | 17/49 | €138,634 | €130,395 | -€8,239 | -5.9% |
| Amounts payable within one year | 42/48 | €138,634 | €130,395 | -€8,239 | -5.9% |
| Trade debts | 44 | €98,603 | €96,103 | -€2,500 | -2.5% |
| Suppliers | 440/4 | €98,603 | €96,103 | -€2,500 | -2.5% |
| Taxes, remuneration and social security | 45 | €9,136 | €9,874 | +€738 | +8.1% |
| Taxes | 450/3 | €7,492 | €8,230 | +€738 | +9.9% |
| Remuneration and social security | 454/9 | €1,644 | €1,644 | = | 0.0% |
| Other amounts payable | 47/48 | €30,895 | €24,419 | -€6,476 | -21.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €342 | €910 | +€568 | +165.9% |
| Other operating charges | 640/8 | €16,730 | €466 | -€16,265 | -97.2% |
| Gross operating margin | 9900 | €29,749 | €18,638 | -€11,111 | -37.3% |
| Operating profit (loss) | 9901 | €12,677 | €17,263 | +€4,586 | +36.2% |
| Financial charges | 65/66B | €214 | €533 | +€320 | +149.4% |
| Recurring financial charges | 65 | €214 | €533 | +€320 | +149.4% |
| Profit (loss) for the period before taxes | 9903 | €12,463 | €16,729 | +€4,266 | +34.2% |
| Income taxes | 67/77 | €7,492 | - | -€7,492 | |
| Profit (loss) for the period | 9904 | €4,972 | €16,729 | +€11,758 | +236.5% |
| Profit (loss) for the period to be appropriated | 9905 | €4,972 | €16,729 | +€11,758 | +236.5% |
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 11 October 2026 via checked.be.