MAT-TECHNICS: 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-TECHNICS
Largest movements
- Cash +€79,631
up €79,631 (+27.6%), from €288,971 to €368,602
mainly Net result for the year (+€113,744) and Other debts (+€104,364)
- Tangible fixed assets +€12,723
up €12,723 (+16.9%), from €75,442 to €88,165
of which Furniture and vehicles: +€15,837
- Other debts +€104,364
up €104,364 (+840.9%), from €12,411 to €116,775
- Reserves -€9,116
down €9,116 (-3.0%), from €305,637 to €296,521
- Trade debts +€6,967
up €6,967 (+180.2%), from €3,866 to €10,832
- Debts after one year -€6,539
down €6,539 (-74.5%), from €8,777 to €2,238
- Gross operating margin -€9,331
down €9,331 (-5.0%), from €186,984 to €177,653
- Depreciation +€6,246
up €6,246 (+22.5%), from €27,758 to €34,004
- Taxes -€4,422
down €4,422 (-12.5%), from €35,293 to €30,871
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 | €398,321 | €490,570 | +€92,249 | +23.2% |
| Fixed assets | 21/28 | €75,442 | €88,165 | +€12,723 | +16.9% |
| Tangible fixed assets | 22/27 | €75,442 | €88,165 | +€12,723 | +16.9% |
| Plant, machinery and equipment | 23 | €11,285 | €8,172 | -€3,114 | -27.6% |
| Furniture and vehicles | 24 | €64,156 | €79,994 | +€15,837 | +24.7% |
| Current assets | 29/58 | €322,879 | €402,405 | +€79,526 | +24.6% |
| Stocks and contracts in progress | 3 | €17,154 | €15,000 | -€2,154 | -12.6% |
| Stocks | 30/36 | €17,154 | €15,000 | -€2,154 | -12.6% |
| Amounts receivable within one year | 40/41 | €15,993 | €16,051 | +€57 | +0.4% |
| Trade receivables | 40 | €11,232 | €9,167 | -€2,065 | -18.4% |
| Other amounts receivable | 41 | €4,761 | €6,884 | +€2,123 | +44.6% |
| Cash at bank and in hand | 54/58 | €288,971 | €368,602 | +€79,631 | +27.6% |
| Deferred charges and accrued income | 490/1 | €761 | €2,752 | +€1,991 | +261.8% |
| Total equity and liabilities | 10/49 | €398,321 | €490,570 | +€92,249 | +23.2% |
| Equity | 10/15 | €308,637 | €299,521 | -€9,116 | -3.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €305,637 | €296,521 | -€9,116 | -3.0% |
| Distributable reserves | 133 | €305,637 | €296,521 | -€9,116 | -3.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €89,684 | €191,049 | +€101,366 | +113.0% |
| Amounts payable after more than one year | 17 | €8,777 | €2,238 | -€6,539 | -74.5% |
| Financial debts | 170/4 | €8,777 | €2,238 | -€6,539 | -74.5% |
| Amounts payable within one year | 42/48 | €80,907 | €188,811 | +€107,904 | +133.4% |
| Current portion of amounts payable after more than one year | 42 | €6,285 | €6,539 | +€254 | +4.0% |
| Trade debts | 44 | €3,866 | €10,832 | +€6,967 | +180.2% |
| Suppliers | 440/4 | €3,866 | €10,832 | +€6,967 | +180.2% |
| Taxes, remuneration and social security | 45 | €58,344 | €54,665 | -€3,680 | -6.3% |
| Taxes | 450/3 | €58,344 | €54,665 | -€3,680 | -6.3% |
| Other amounts payable | 47/48 | €12,411 | €116,775 | +€104,364 | +840.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,758 | €34,004 | +€6,246 | +22.5% |
| Other operating charges | 640/8 | €1,714 | €2,426 | +€712 | +41.5% |
| Gross operating margin | 9900 | €186,984 | €177,653 | -€9,331 | -5.0% |
| Operating profit (loss) | 9901 | €157,512 | €141,223 | -€16,290 | -10.3% |
| Financial income | 75/76B | €2,565 | €4,027 | +€1,463 | +57.0% |
| Recurring financial income | 75 | €2,565 | €4,027 | +€1,463 | +57.0% |
| Financial charges | 65/66B | €924 | €635 | -€289 | -31.2% |
| Recurring financial charges | 65 | €924 | €635 | -€289 | -31.2% |
| Profit (loss) for the period before taxes | 9903 | €159,153 | €144,615 | -€14,538 | -9.1% |
| Income taxes | 67/77 | €35,293 | €30,871 | -€4,422 | -12.5% |
| Profit (loss) for the period | 9904 | €123,860 | €113,744 | -€10,116 | -8.2% |
| Profit (loss) for the period to be appropriated | 9905 | €123,860 | €113,744 | -€10,116 | -8.2% |
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.