MAT-LAU: 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-LAU
Largest movements
- Receivables within one year -€17,662
down €17,662 (-74.7%), from €23,638 to €5,976
of which Trade receivables: -€15,538
- Tangible fixed assets -€665
down €665 (-100%), from €665 to €0
- Trade debts -€18,446
down €18,446 (-92.5%), from €19,936 to €1,490
- Tax, wage and social debts +€1,596
new in 2025: €1,596
- Other debts -€1,442
down €1,442 (-5.7%), from €25,189 to €23,747
- Gross operating margin +€2,537
up €2,537, from -€1,130 to €1,407
- Other operating charges +€260
up €260 (+67.1%), from €387 to €647
- Financial charges +€60
up €60 (+44.1%), from €136 to €196
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.
Derived cash bridge
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 | €24,390 | €5,998 | -€18,393 | -75.4% |
| Fixed assets | 21/28 | €665 | €0 | -€665 | -100% |
| Tangible fixed assets | 22/27 | €665 | €0 | -€665 | -100% |
| Plant, machinery and equipment | 23 | €665 | €0 | -€665 | -100% |
| Current assets | 29/58 | €23,725 | €5,998 | -€17,728 | -74.7% |
| Amounts receivable within one year | 40/41 | €23,638 | €5,976 | -€17,662 | -74.7% |
| Trade receivables | 40 | €21,500 | €5,962 | -€15,538 | -72.3% |
| Other amounts receivable | 41 | €2,138 | €14 | -€2,124 | -99.3% |
| Cash at bank and in hand | 54/58 | €88 | €22 | -€66 | -75.3% |
| Total equity and liabilities | 10/49 | €24,390 | €5,998 | -€18,393 | -75.4% |
| Equity | 10/15 | -€20,734 | -€20,836 | -€102 | -0.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,934 | -€27,036 | -€102 | -0.4% |
| Amounts payable | 17/49 | €45,125 | €26,834 | -€18,291 | -40.5% |
| Amounts payable within one year | 42/48 | €45,125 | €26,834 | -€18,291 | -40.5% |
| Trade debts | 44 | €19,936 | €1,490 | -€18,446 | -92.5% |
| Suppliers | 440/4 | €19,936 | €1,490 | -€18,446 | -92.5% |
| Taxes, remuneration and social security | 45 | - | €1,596 | +€1,596 | |
| Taxes | 450/3 | - | €1,596 | +€1,596 | |
| Other amounts payable | 47/48 | €25,189 | €23,747 | -€1,442 | -5.7% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €665 | €665 | -€0 | 0.0% |
| Other operating charges | 640/8 | €387 | €647 | +€260 | +67.1% |
| Gross operating margin | 9900 | -€1,130 | €1,407 | +€2,537 | |
| Operating profit (loss) | 9901 | -€2,182 | €95 | +€2,277 | |
| Financial charges | 65/66B | €136 | €196 | +€60 | +44.1% |
| Recurring financial charges | 65 | €136 | €196 | +€60 | +44.1% |
| Profit (loss) for the period before taxes | 9903 | -€2,319 | -€102 | +€2,217 | +95.6% |
| Profit (loss) for the period | 9904 | -€2,319 | -€102 | +€2,217 | +95.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,319 | -€102 | +€2,217 | +95.6% |
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 16 October 2026 via checked.be.