MaTaWood: 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.
MaTaWood
Largest movements
- Receivables within one year +€68,684
up €68,684 (+47.7%), from €144,098 to €212,783
of which Trade receivables: +€87,446
- Deferred charges and accrued income +€4,370
up €4,370 (+138%), from €3,159 to €7,529
- Reserves +€79,124
up €79,124 (+36.2%), from €218,443 to €297,567
- Debts after one year -€24,286
down €24,286 (-44.4%), from €54,643 to €30,357
of which Financial debts: -€24,286
- Tax, wage and social debts +€15,003
up €15,003 (+116%), from €12,894 to €27,896
- Gross operating margin +€14,677
up €14,677 (+15.9%), from €92,583 to €107,260
- Taxes +€8,339
up €8,339 (+34.9%), from €23,885 to €32,225
- Financial income +€3,541
up €3,541 (+113%), from €3,138 to €6,680
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 | €339,221 | €412,519 | +€73,298 | +21.6% |
| Fixed assets | 21/28 | €188,990 | €188,361 | -€628 | -0.3% |
| Tangible fixed assets | 22/27 | €1,490 | €861 | -€628 | -42.2% |
| Furniture and vehicles | 24 | €1,490 | €861 | -€628 | -42.2% |
| Financial fixed assets | 28 | €187,500 | €187,500 | = | 0.0% |
| Current assets | 29/58 | €150,232 | €224,158 | +€73,926 | +49.2% |
| Amounts receivable within one year | 40/41 | €144,098 | €212,783 | +€68,684 | +47.7% |
| Trade receivables | 40 | €15,125 | €102,571 | +€87,446 | +578% |
| Other amounts receivable | 41 | €128,973 | €110,212 | -€18,762 | -14.5% |
| Cash at bank and in hand | 54/58 | €2,975 | €3,847 | +€872 | +29.3% |
| Deferred charges and accrued income | 490/1 | €3,159 | €7,529 | +€4,370 | +138% |
| Total equity and liabilities | 10/49 | €339,221 | €412,519 | +€73,298 | +21.6% |
| Equity | 10/15 | €238,443 | €317,567 | +€79,124 | +33.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €218,443 | €297,567 | +€79,124 | +36.2% |
| Distributable reserves | 133 | €218,443 | €297,567 | +€79,124 | +36.2% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €100,779 | €94,953 | -€5,826 | -5.8% |
| Amounts payable after more than one year | 17 | €54,643 | €30,357 | -€24,286 | -44.4% |
| Financial debts | 170/4 | €54,643 | €30,357 | -€24,286 | -44.4% |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €46,136 | €63,795 | +€17,660 | +38.3% |
| Current portion of amounts payable after more than one year | 42 | €24,286 | €24,286 | = | 0.0% |
| Financial debts | 43 | €7,576 | €10,064 | +€2,488 | +32.8% |
| Credit institutions | 430/8 | - | €10,064 | +€10,064 | |
| Other loans | 439 | €7,576 | €0 | -€7,576 | -100% |
| Trade debts | 44 | €1,381 | €1,549 | +€169 | +12.2% |
| Suppliers | 440/4 | €1,381 | €1,549 | +€169 | +12.2% |
| Taxes, remuneration and social security | 45 | €12,894 | €27,896 | +€15,003 | +116% |
| Taxes | 450/3 | €12,894 | €27,896 | +€15,003 | +116% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | - | €800 | +€800 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €628 | €628 | = | 0.0% |
| Other operating charges | 640/8 | €687 | €716 | +€29 | +4.3% |
| Gross operating margin | 9900 | €92,583 | €107,260 | +€14,677 | +15.9% |
| Operating profit (loss) | 9901 | €91,267 | €105,915 | +€14,648 | +16.0% |
| Financial income | 75/76B | €3,138 | €6,680 | +€3,541 | +113% |
| Recurring financial income | 75 | €3,138 | €6,680 | +€3,541 | +113% |
| Financial charges | 65/66B | €1,458 | €1,246 | -€212 | -14.5% |
| Recurring financial charges | 65 | €1,458 | €1,246 | -€212 | -14.5% |
| Profit (loss) for the period before taxes | 9903 | €92,947 | €111,348 | +€18,401 | +19.8% |
| Income taxes | 67/77 | €23,885 | €32,225 | +€8,339 | +34.9% |
| Profit (loss) for the period | 9904 | €69,062 | €79,124 | +€10,062 | +14.6% |
| Profit (loss) for the period to be appropriated | 9905 | €69,062 | €79,124 | +€10,062 | +14.6% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.