MAT-TOM CONSTRUCT: 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-TOM CONSTRUCT
Largest movements
- Receivables within one year -€155,972
down €155,972 (-58.0%), from €269,125 to €113,154
of which Trade receivables: -€129,780
- Deferred charges and accrued income +€136,216
up €136,216 (+15272.0%), from €892 to €137,108
- Cash -€36,495
down €36,495 (-48.1%), from €75,855 to €39,360
mainly Deferred charges and accrued income (-€136,216) and Trade debts (-€87,783)
- Tangible fixed assets -€10,552
down €10,552 (-30.5%), from €34,643 to €24,091
- Trade debts -€87,783
down €87,783 (-38.5%), from €228,027 to €140,244
- Tax, wage and social debts +€18,420
up €18,420 (+110.2%), from €16,716 to €35,136
of which Taxes: +€17,898
- Other debts +€8,640
up €8,640 (+523.9%), from €1,649 to €10,289
- Debts after one year -€6,826
down €6,826 (-21.6%), from €31,653 to €24,828
- Taxes -€20,568
down €20,568 (-92.6%), from €22,208 to €1,641
- Gross operating margin -€17,364
down €17,364 (-45.4%), from €38,230 to €20,866
- Staff costs +€4,340
new in 2024: €4,340
- Depreciation -€1,413
down €1,413 (-10.7%), from €13,237 to €11,824
- Other operating charges +€576
up €576 (+37.1%), from €1,551 to €2,127
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €384,760 | €317,957 | -€66,803 | -17.4% |
| Fixed assets | 21/28 | €38,888 | €28,336 | -€10,552 | -27.1% |
| Tangible fixed assets | 22/27 | €34,643 | €24,091 | -€10,552 | -30.5% |
| Furniture and vehicles | 24 | €34,643 | €24,091 | -€10,552 | -30.5% |
| Financial fixed assets | 28 | €4,245 | €4,245 | = | 0.0% |
| Current assets | 29/58 | €345,872 | €289,621 | -€56,251 | -16.3% |
| Amounts receivable within one year | 40/41 | €269,125 | €113,154 | -€155,972 | -58.0% |
| Trade receivables | 40 | €210,397 | €80,617 | -€129,780 | -61.7% |
| Other amounts receivable | 41 | €58,728 | €32,537 | -€26,191 | -44.6% |
| Cash at bank and in hand | 54/58 | €75,855 | €39,360 | -€36,495 | -48.1% |
| Deferred charges and accrued income | 490/1 | €892 | €137,108 | +€136,216 | +15272.0% |
| Total equity and liabilities | 10/49 | €384,760 | €317,957 | -€66,803 | -17.4% |
| Equity | 10/15 | €106,715 | €107,461 | +€746 | +0.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €100,515 | €101,261 | +€746 | +0.7% |
| Amounts payable | 17/49 | €278,045 | €210,496 | -€67,549 | -24.3% |
| Amounts payable after more than one year | 17 | €31,653 | €24,828 | -€6,826 | -21.6% |
| Financial debts | 170/4 | €31,653 | €24,828 | -€6,826 | -21.6% |
| Amounts payable within one year | 42/48 | €246,392 | €185,668 | -€60,724 | -24.6% |
| Trade debts | 44 | €228,027 | €140,244 | -€87,783 | -38.5% |
| Suppliers | 440/4 | €228,027 | €140,244 | -€87,783 | -38.5% |
| Taxes, remuneration and social security | 45 | €16,716 | €35,136 | +€18,420 | +110.2% |
| Taxes | 450/3 | €16,716 | €34,614 | +€17,898 | +107.1% |
| Remuneration and social security | 454/9 | - | €522 | +€522 | |
| Other amounts payable | 47/48 | €1,649 | €10,289 | +€8,640 | +523.9% |
| Remuneration, social security and pensions | 62 | - | €4,340 | +€4,340 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,237 | €11,824 | -€1,413 | -10.7% |
| Other operating charges | 640/8 | €1,551 | €2,127 | +€576 | +37.1% |
| Gross operating margin | 9900 | €38,230 | €20,866 | -€17,364 | -45.4% |
| Operating profit (loss) | 9901 | €23,441 | €2,575 | -€20,867 | -89.0% |
| Financial income | 75/76B | €7 | €0 | -€7 | -99.9% |
| Recurring financial income | 75 | €7 | €0 | -€7 | -99.9% |
| Financial charges | 65/66B | €236 | €188 | -€49 | -20.6% |
| Recurring financial charges | 65 | €236 | €188 | -€49 | -20.6% |
| Profit (loss) for the period before taxes | 9903 | €23,212 | €2,387 | -€20,825 | -89.7% |
| Income taxes | 67/77 | €22,208 | €1,641 | -€20,568 | -92.6% |
| Profit (loss) for the period | 9904 | €1,004 | €746 | -€258 | -25.7% |
| Profit (loss) for the period to be appropriated | 9905 | €1,004 | €746 | -€258 | -25.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.