MATANS: 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.
MATANS
Largest movements
- Cash +€46,116
up €46,116 (+69.1%), from €66,704 to €112,821
mainly Tax, wage and social debts (+€24,696) and Trade debts (+€22,116)
- Intangible fixed assets -€15,000
down €15,000 (-16.7%), from €90,000 to €75,000
- Receivables within one year -€13,309
down €13,309 (-50.1%), from €26,553 to €13,244
of which Other amounts receivable: -€14,818
- Tangible fixed assets -€4,299
down €4,299 (-44.3%), from €9,709 to €5,410
of which Furniture and vehicles: -€3,387
- Profit (loss) carried forward -€33,718
down €33,718 (-88.1%), from €38,253 to €4,535
- Tax, wage and social debts +€24,696
up €24,696 (+54.2%), from €45,588 to €70,284
of which Taxes: +€36,119
- Trade debts +€22,116
up €22,116 (+51.4%), from €43,008 to €65,124
- Gross operating margin -€19,134
down €19,134 (-19.3%), from €99,080 to €79,946
- Staff costs +€16,311
up €16,311 (+23.7%), from €68,825 to €85,136
- Financial income +€1,226
up €1,226 (+154.5%), from €793 to €2,019
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €196,838 | €209,924 | +€13,086 | +6.6% |
| Fixed assets | 21/28 | €100,329 | €81,030 | -€19,299 | -19.2% |
| Intangible fixed assets | 21 | €90,000 | €75,000 | -€15,000 | -16.7% |
| Tangible fixed assets | 22/27 | €9,709 | €5,410 | -€4,299 | -44.3% |
| Plant, machinery and equipment | 23 | €5,468 | €4,556 | -€911 | -16.7% |
| Furniture and vehicles | 24 | €4,241 | €854 | -€3,387 | -79.9% |
| Financial fixed assets | 28 | €620 | €620 | = | 0.0% |
| Current assets | 29/58 | €96,509 | €128,893 | +€32,385 | +33.6% |
| Stocks and contracts in progress | 3 | €3,251 | €2,829 | -€422 | -13.0% |
| Stocks | 30/36 | €3,251 | €2,829 | -€422 | -13.0% |
| Amounts receivable within one year | 40/41 | €26,553 | €13,244 | -€13,309 | -50.1% |
| Trade receivables | 40 | €9,702 | €11,211 | +€1,509 | +15.5% |
| Other amounts receivable | 41 | €16,851 | €2,033 | -€14,818 | -87.9% |
| Cash at bank and in hand | 54/58 | €66,704 | €112,821 | +€46,116 | +69.1% |
| Total equity and liabilities | 10/49 | €196,838 | €209,924 | +€13,086 | +6.6% |
| Equity | 10/15 | €56,861 | €23,135 | -€33,726 | -59.3% |
| Contributions | 10/11 | €18,608 | €18,600 | -€8 | 0.0% |
| Capital | 10 | €18,608 | - | -€18,608 | |
| Issued capital | 100 | €18,608 | - | -€18,608 | |
| Profit (loss) carried forward | 14 | €38,253 | €4,535 | -€33,718 | -88.1% |
| Amounts payable | 17/49 | €139,976 | €186,789 | +€46,812 | +33.4% |
| Amounts payable within one year | 42/48 | €139,976 | €186,789 | +€46,812 | +33.4% |
| Current portion of amounts payable after more than one year | 42 | €51,381 | €51,381 | = | 0.0% |
| Trade debts | 44 | €43,008 | €65,124 | +€22,116 | +51.4% |
| Suppliers | 440/4 | €43,008 | €65,124 | +€22,116 | +51.4% |
| Taxes, remuneration and social security | 45 | €45,588 | €70,284 | +€24,696 | +54.2% |
| Taxes | 450/3 | €31,013 | €67,132 | +€36,119 | +116.5% |
| Remuneration and social security | 454/9 | €14,574 | €3,152 | -€11,423 | -78.4% |
| Remuneration, social security and pensions | 62 | €68,825 | €85,136 | +€16,311 | +23.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,314 | €19,299 | -€15 | -0.1% |
| Other operating charges | 640/8 | €64 | €89 | +€25 | +39.2% |
| Non-recurring operating charges | 66A | - | €8,119 | +€8,119 | |
| Gross operating margin | 9900 | €99,080 | €79,946 | -€19,134 | -19.3% |
| Operating profit (loss) | 9901 | €10,877 | -€32,697 | -€43,574 | |
| Financial income | 75/76B | €793 | €2,019 | +€1,226 | +154.5% |
| Recurring financial income | 75 | €793 | €2,019 | +€1,226 | +154.5% |
| Financial charges | 65/66B | €2,155 | €3,099 | +€944 | +43.8% |
| Recurring financial charges | 65 | €2,155 | €3,099 | +€944 | +43.8% |
| Profit (loss) for the period before taxes | 9903 | €9,515 | -€33,778 | -€43,293 | |
| Income taxes | 67/77 | - | -€59 | -€59 | |
| Profit (loss) for the period | 9904 | €9,515 | -€33,718 | -€43,234 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,515 | -€33,718 | -€43,234 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.