MATALAZEL: 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.
MATALAZEL
Largest movements
- Cash +€112,728
up €112,728 (+84.9%), from €132,849 to €245,577
mainly Net result for the year (+€99,419) and Tax, wage and social debts (+€56,618)
- Receivables within one year +€42,262
up €42,262, from €0 to €42,262
of which Trade receivables: +€42,262
- Reserves +€69,400
up €69,400 (+28.7%), from €241,500 to €310,900
of which Distributable reserves: +€69,400
- Tax, wage and social debts +€56,618
up €56,618 (+554%), from €10,225 to €66,842
of which Taxes: +€56,618
- Other debts +€22,291
up €22,291 (+398%), from €5,604 to €27,895
- Trade debts +€6,890
up €6,890 (+224%), from €3,076 to €9,965
- Gross operating margin +€36,187
up €36,187 (+34.3%), from €105,436 to €141,623
- Turnover +€22,517
up €22,517 (+10.3%), from €217,935 to €240,452
- Purchases and services -€13,895
down €13,895 (-11.3%), from €123,360 to €109,465
- Taxes +€12,148
up €12,148 (+43.9%), from €27,647 to €39,795
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 | €289,906 | €445,124 | +€155,218 | +53.5% |
| Fixed assets | 21/28 | €2,418 | €2,645 | +€227 | +9.4% |
| Tangible fixed assets | 22/27 | €2,418 | €2,645 | +€227 | +9.4% |
| Furniture and vehicles | 24 | €694 | €1,924 | +€1,231 | +177% |
| Other tangible fixed assets | 26 | €1,724 | €720 | -€1,003 | -58.2% |
| Current assets | 29/58 | €287,489 | €442,479 | +€154,990 | +53.9% |
| Amounts receivable within one year | 40/41 | €0 | €42,262 | +€42,262 | |
| Trade receivables | 40 | €0 | €42,262 | +€42,262 | |
| Other amounts receivable | 41 | - | €0 | = | |
| Current investments | 50/53 | €154,640 | €154,640 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €132,849 | €245,577 | +€112,728 | +84.9% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €289,906 | €445,124 | +€155,218 | +53.5% |
| Equity | 10/15 | €271,002 | €340,421 | +€69,419 | +25.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €241,500 | €310,900 | +€69,400 | +28.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €239,640 | €309,040 | +€69,400 | +29.0% |
| Profit (loss) carried forward | 14 | €10,902 | €10,921 | +€19 | +0.2% |
| Amounts payable | 17/49 | €18,904 | €104,703 | +€85,798 | +454% |
| Amounts payable within one year | 42/48 | €18,904 | €104,703 | +€85,798 | +454% |
| Trade debts | 44 | €3,076 | €9,965 | +€6,890 | +224% |
| Suppliers | 440/4 | €3,076 | €9,965 | +€6,890 | +224% |
| Taxes, remuneration and social security | 45 | €10,225 | €66,842 | +€56,618 | +554% |
| Taxes | 450/3 | €10,225 | €66,842 | +€56,618 | +554% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €5,604 | €27,895 | +€22,291 | +398% |
| Turnover | 70 | €217,935 | €240,452 | +€22,517 | +10.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €123,360 | €109,465 | -€13,895 | -11.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,919 | €1,781 | -€2,137 | -54.5% |
| Other operating charges | 640/8 | €1,215 | €613 | -€602 | -49.6% |
| Gross operating margin | 9900 | €105,436 | €141,623 | +€36,187 | +34.3% |
| Operating profit (loss) | 9901 | €100,302 | €139,229 | +€38,927 | +38.8% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €42 | €15 | -€28 | -65.8% |
| Recurring financial charges | 65 | €42 | €15 | -€28 | -65.8% |
| Profit (loss) for the period before taxes | 9903 | €100,260 | €139,214 | +€38,954 | +38.9% |
| Income taxes | 67/77 | €27,647 | €39,795 | +€12,148 | +43.9% |
| Profit (loss) for the period | 9904 | €72,613 | €99,419 | +€26,806 | +36.9% |
| Profit (loss) for the period to be appropriated | 9905 | €72,613 | €99,419 | +€26,806 | +36.9% |
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 18 October 2026 via checked.be.