MATAWIN: 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.
MATAWIN
Largest movements
- Tangible fixed assets +€30,606
up €30,606 (+6.0%), from €506,493 to €537,099
of which Land and buildings: +€30,606
- Receivables within one year +€17,954
up €17,954 (+1,398%), from €1,284 to €19,238
- Other debts +€38,120
new in 2024: €38,120
- Tax, wage and social debts +€36,617
new in 2024: €36,617
- Profit (loss) carried forward -€19,481
down €19,481 (-27.0%), from €72,074 to €52,594
- Debts after one year -€16,891
down €16,891 (-5.4%), from €312,714 to €295,823
- Trade debts +€8,280
up €8,280 (+139%), from €5,939 to €14,219
- Gross operating margin +€15,623
up €15,623 (+443%), from €3,524 to €19,147
- Depreciation +€383
up €383 (+2.7%), from €14,426 to €14,809
- Financial charges -€269
down €269 (-3.0%), from €8,841 to €8,571
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.
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €507,777 | €556,337 | +€48,560 | +9.6% |
| Fixed assets | 21/28 | €506,493 | €537,099 | +€30,606 | +6.0% |
| Tangible fixed assets | 22/27 | €506,493 | €537,099 | +€30,606 | +6.0% |
| Land and buildings | 22 | €501,143 | €531,749 | +€30,606 | +6.1% |
| Furniture and vehicles | 24 | €5,350 | €5,350 | = | 0.0% |
| Current assets | 29/58 | €1,284 | €19,238 | +€17,954 | +1,398% |
| Amounts receivable within one year | 40/41 | €1,284 | €19,238 | +€17,954 | +1,398% |
| Trade receivables | 40 | €1,284 | €19,238 | +€17,954 | +1,398% |
| Total equity and liabilities | 10/49 | €507,777 | €556,337 | +€48,560 | +9.6% |
| Equity | 10/15 | €156,579 | €136,040 | -€20,538 | -13.1% |
| Contributions | 10/11 | €58,550 | €58,550 | = | 0.0% |
| Capital | 10 | €58,550 | €58,550 | = | 0.0% |
| Issued capital | 100 | €58,550 | €58,550 | = | 0.0% |
| Reserves | 13 | €25,954 | €24,897 | -€1,058 | -4.1% |
| Non-distributable reserves | 130/1 | €5,855 | €5,855 | = | 0.0% |
| Legal reserve | 130 | €5,855 | €5,855 | = | 0.0% |
| Tax-exempt reserves | 132 | €20,099 | €19,042 | -€1,058 | -5.3% |
| Profit (loss) carried forward | 14 | €72,074 | €52,594 | -€19,481 | -27.0% |
| Amounts payable | 17/49 | €351,198 | €420,296 | +€69,098 | +19.7% |
| Amounts payable after more than one year | 17 | €312,714 | €295,823 | -€16,891 | -5.4% |
| Financial debts | 170/4 | €312,714 | €295,823 | -€16,891 | -5.4% |
| Amounts payable within one year | 42/48 | €36,924 | €122,133 | +€85,209 | +231% |
| Current portion of amounts payable after more than one year | 42 | €16,543 | €16,891 | +€348 | +2.1% |
| Financial debts | 43 | €14,441 | €16,287 | +€1,845 | +12.8% |
| Other loans | 439 | €14,441 | €16,287 | +€1,845 | +12.8% |
| Trade debts | 44 | €5,939 | €14,219 | +€8,280 | +139% |
| Suppliers | 440/4 | €5,939 | €14,219 | +€8,280 | +139% |
| Taxes, remuneration and social security | 45 | - | €36,617 | +€36,617 | |
| Taxes | 450/3 | - | €36,617 | +€36,617 | |
| Other amounts payable | 47/48 | - | €38,120 | +€38,120 | |
| Accrued charges and deferred income | 492/3 | €1,560 | €2,340 | +€780 | +50.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,426 | €14,809 | +€383 | +2.7% |
| Other operating charges | 640/8 | €1,782 | €1,850 | +€68 | +3.8% |
| Non-recurring operating charges | 66A | - | €15,000 | +€15,000 | |
| Gross operating margin | 9900 | €3,524 | €19,147 | +€15,623 | +443% |
| Operating profit (loss) | 9901 | -€12,685 | -€12,512 | +€173 | +1.4% |
| Financial charges | 65/66B | €8,841 | €8,571 | -€269 | -3.0% |
| Recurring financial charges | 65 | €8,841 | €8,571 | -€269 | -3.0% |
| Profit (loss) for the period before taxes | 9903 | -€21,525 | -€21,083 | +€442 | +2.1% |
| Transfer from deferred taxes | 780 | €545 | €545 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€20,980 | -€20,538 | +€442 | +2.1% |
| Transfer from tax-exempt reserves | 789 | €1,058 | €1,058 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,923 | -€19,481 | +€442 | +2.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.