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MATAM: 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.

What changed

MATAM

BE 0806.417.319
NACE 85.592, Vocational training
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€9,012
2023 · -€3,074+€12,086
Equity
€23,771
2023 · €14,760+€9,012
Cash
€1,603
2023 · €1,014+€589
Balance sheet total
€32,113
2023 · €29,826+€2,288

Largest movements

2023 to 2024
Assets
  • Receivables within one year +€18,878

    up €18,878 (+217.4%), from €8,683 to €27,561

    of which Other amounts receivable: +€20,320

  • Receivables after one year -€17,367

    down €17,367 (-100.0%), from €17,367 to €0

  • Cash +€589

    up €589 (+58.1%), from €1,014 to €1,603

    mainly Receivables after one year (+€17,367) and Net result for the year (+€9,012)

Equity and liabilities
  • Profit (loss) carried forward +€8,580

    up €8,580, from -€8,580 to €0

  • Current portion of long-term debt -€6,116

    down €6,116 (-90.0%), from €6,798 to €681

  • Tax, wage and social debts -€604

    down €604 (-9.9%), from €6,127 to €5,523

  • Reserves +€431

    up €431 (+2.5%), from €17,140 to €17,571

    of which Distributable reserves: +€431

Income statement
  • Depreciation -€8,932

    no longer reported in 2024 (was €8,932)

  • Gross operating margin +€4,699

    up €4,699 (+48.2%), from €9,745 to €14,444

  • Taxes +€1,441

    up €1,441 (+78.9%), from €1,826 to €3,267

  • Financial income +€1,052

    up €1,052 (+34056.3%), from €3 to €1,055

  • Financial charges +€977

    up €977 (+106.8%), from €915 to €1,892

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 -€3,074
Gross operating margin +€4,699
Depreciation +€8,932
Other operating charges -€210
Other operating items +€30
Financial income +€1,052
Financial charges -€977
Taxes -€1,441
Result 2024 €9,012

Cash bridge derived

cash 2023 to 2024

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.

From operations +€6,705
Investment €0
Financing -€6,116
Cash 2023 €1,014
Net result for the year +€9,012
Receivables after one year +€17,367
Receivables within one year -€18,878
Deferred charges and accrued income -€188
Trade debts -€4
Tax, wage and social debts -€604
Current portion of long-term debt -€6,116
Cash 2024 €1,603
Every line side by side 40 lines
Line Code 2023 2024 Change %
Total assets 20/58 €29,826 €32,113 +€2,288 +7.7%
Fixed assets 21/28 €79 €79 = 0.0%
Financial fixed assets 28 €79 €79 = 0.0%
Current assets 29/58 €29,747 €32,034 +€2,288 +7.7%
Amounts receivable after more than one year 29 €17,367 €0 -€17,367 -100.0%
Trade receivables 290 €17,367 €0 -€17,367 -100.0%
Amounts receivable within one year 40/41 €8,683 €27,561 +€18,878 +217.4%
Trade receivables 40 €6,510 €5,068 -€1,443 -22.2%
Other amounts receivable 41 €2,173 €22,493 +€20,320 +935.3%
Cash at bank and in hand 54/58 €1,014 €1,603 +€589 +58.1%
Deferred charges and accrued income 490/1 €2,682 €2,871 +€188 +7.0%
Total equity and liabilities 10/49 €29,826 €32,113 +€2,288 +7.7%
Equity 10/15 €14,760 €23,771 +€9,012 +61.1%
Contributions 10/11 €6,200 €6,200 = 0.0%
Reserves 13 €17,140 €17,571 +€431 +2.5%
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 €15,280 €15,711 +€431 +2.8%
Profit (loss) carried forward 14 -€8,580 €0 +€8,580
Amounts payable 17/49 €15,066 €8,342 -€6,724 -44.6%
Amounts payable within one year 42/48 €15,066 €8,342 -€6,724 -44.6%
Current portion of amounts payable after more than one year 42 €6,798 €681 -€6,116 -90.0%
Trade debts 44 €2,142 €2,138 -€4 -0.2%
Suppliers 440/4 €2,142 €2,138 -€4 -0.2%
Taxes, remuneration and social security 45 €6,127 €5,523 -€604 -9.9%
Taxes 450/3 €6,127 €5,523 -€604 -9.9%
Non-recurring operating income 76A €1,464 - -€1,464
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €8,932 - -€8,932
Other operating charges 640/8 €936 €1,146 +€210 +22.4%
Non-recurring operating charges 66A €213 €183 -€30 -14.0%
Gross operating margin 9900 €9,745 €14,444 +€4,699 +48.2%
Operating profit (loss) 9901 -€337 €13,115 +€13,452
Financial income 75/76B €3 €1,055 +€1,052 +34056.3%
Recurring financial income 75 €3 €1,055 +€1,052 +34056.3%
Financial charges 65/66B €915 €1,892 +€977 +106.8%
Recurring financial charges 65 €915 €1,892 +€977 +106.8%
Profit (loss) for the period before taxes 9903 -€1,248 €12,279 +€13,527
Income taxes 67/77 €1,826 €3,267 +€1,441 +78.9%
Profit (loss) for the period 9904 -€3,074 €9,012 +€12,086
Profit (loss) for the period to be appropriated 9905 -€3,074 €9,012 +€12,086

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 29 September 2026 via checked.be.