MAT & FLO: what changed
Two fiscal 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 & FLO
Largest movements
- Tangible fixed assets -€644
down €644 (-3.0%), from €21,244 to €20,600
- Cash +€354
up €354 (+79.8%), from €444 to €798
mainly Other debts (+€2,400) and Depreciation (+€644)
- Other debts +€2,400
up €2,400 (+17.4%), from €13,801 to €16,201
- Debts after one year -€1,654
down €1,654 (-11.3%), from €14,625 to €12,971
- Profit (loss) carried forward -€1,062
down €1,062 (-5.8%), from -€18,366 to -€19,429
- Gross operating margin +€1,734
up €1,734 (+96.4%), from -€1,800 to -€66
- Financial charges +€29
up €29 (+9.1%), from €323 to €353
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 | €21,687 | €21,398 | -€290 | -1.3% |
| Fixed assets | 21/28 | €21,244 | €20,600 | -€644 | -3.0% |
| Tangible fixed assets | 22/27 | €21,244 | €20,600 | -€644 | -3.0% |
| Land and buildings | 22 | €21,244 | €20,600 | -€644 | -3.0% |
| Current assets | 29/58 | €444 | €798 | +€354 | +79.8% |
| Cash at bank and in hand | 54/58 | €444 | €798 | +€354 | +79.8% |
| Total equity and liabilities | 10/49 | €21,687 | €21,398 | -€290 | -1.3% |
| Equity | 10/15 | -€8,366 | -€9,429 | -€1,062 | -12.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,366 | -€19,429 | -€1,062 | -5.8% |
| Amounts payable | 17/49 | €30,054 | €30,826 | +€772 | +2.6% |
| Amounts payable after more than one year | 17 | €14,625 | €12,971 | -€1,654 | -11.3% |
| Financial debts | 170/4 | €14,625 | €12,971 | -€1,654 | -11.3% |
| Amounts payable within one year | 42/48 | €15,429 | €17,855 | +€2,426 | +15.7% |
| Current portion of amounts payable after more than one year | 42 | €1,628 | €1,654 | +€26 | +1.6% |
| Other amounts payable | 47/48 | €13,801 | €16,201 | +€2,400 | +17.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €644 | €644 | = | 0.0% |
| Gross operating margin | 9900 | -€1,800 | -€66 | +€1,734 | +96.4% |
| Operating profit (loss) | 9901 | -€2,444 | -€710 | +€1,734 | +71.0% |
| Financial charges | 65/66B | €323 | €353 | +€29 | +9.1% |
| Recurring financial charges | 65 | €323 | €353 | +€29 | +9.1% |
| Profit (loss) for the period before taxes | 9903 | -€2,767 | -€1,062 | +€1,705 | +61.6% |
| Profit (loss) for the period | 9904 | -€2,767 | -€1,062 | +€1,705 | +61.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,767 | -€1,062 | +€1,705 | +61.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.