MATCH-it: 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.
MATCH-it
Largest movements
- Receivables within one year +€58,844
up €58,844 (+240%), from €24,531 to €83,375
of which Trade receivables: +€49,046
- Intangible fixed assets +€48,222
up €48,222 (+61.8%), from €78,061 to €126,283
- Cash +€32,689
up €32,689 (+84.8%), from €38,562 to €71,251
mainly Net result for the year (+€121,791) and Depreciation (+€58,010)
- Profit (loss) carried forward +€121,791
up €121,791 (+363%), from €33,522 to €155,312
- Trade debts +€16,638
up €16,638 (+28.8%), from €57,798 to €74,436
- Gross operating margin +€159,676
up €159,676 (+285%), from €56,105 to €215,780
- Taxes +€30,076
up €30,076 (+752%), from €4,002 to €34,078
- Depreciation +€23,461
up €23,461 (+67.9%), from €34,549 to €58,010
- Financial charges -€2,714
down €2,714 (-58.8%), from €4,618 to €1,904
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 | €141,320 | €281,848 | +€140,529 | +99.4% |
| Fixed assets | 21/28 | €78,227 | €127,223 | +€48,995 | +62.6% |
| Intangible fixed assets | 21 | €78,061 | €126,283 | +€48,222 | +61.8% |
| Tangible fixed assets | 22/27 | €167 | €939 | +€773 | +464% |
| Furniture and vehicles | 24 | €167 | €939 | +€773 | +464% |
| Current assets | 29/58 | €63,093 | €154,626 | +€91,533 | +145% |
| Amounts receivable within one year | 40/41 | €24,531 | €83,375 | +€58,844 | +240% |
| Trade receivables | 40 | €6,195 | €55,241 | +€49,046 | +792% |
| Other amounts receivable | 41 | €18,336 | €28,134 | +€9,798 | +53.4% |
| Cash at bank and in hand | 54/58 | €38,562 | €71,251 | +€32,689 | +84.8% |
| Total equity and liabilities | 10/49 | €141,320 | €281,848 | +€140,529 | +99.4% |
| Equity | 10/15 | €53,522 | €175,312 | +€121,791 | +228% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €33,522 | €155,312 | +€121,791 | +363% |
| Amounts payable | 17/49 | €87,798 | €106,536 | +€18,738 | +21.3% |
| Amounts payable within one year | 42/48 | €87,798 | €105,036 | +€17,238 | +19.6% |
| Trade debts | 44 | €57,798 | €74,436 | +€16,638 | +28.8% |
| Suppliers | 440/4 | €57,798 | €74,436 | +€16,638 | +28.8% |
| Taxes, remuneration and social security | 45 | - | €600 | +€600 | |
| Taxes | 450/3 | - | €600 | +€600 | |
| Other amounts payable | 47/48 | €30,000 | €30,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €1,500 | +€1,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,549 | €58,010 | +€23,461 | +67.9% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | €56,105 | €215,780 | +€159,676 | +285% |
| Operating profit (loss) | 9901 | €21,051 | €157,250 | +€136,200 | +647% |
| Financial income | 75/76B | €680 | €522 | -€158 | -23.2% |
| Recurring financial income | 75 | €680 | €522 | -€158 | -23.2% |
| Financial charges | 65/66B | €4,618 | €1,904 | -€2,714 | -58.8% |
| Recurring financial charges | 65 | €4,618 | €1,904 | -€2,714 | -58.8% |
| Profit (loss) for the period before taxes | 9903 | €17,113 | €155,869 | +€138,756 | +811% |
| Income taxes | 67/77 | €4,002 | €34,078 | +€30,076 | +752% |
| Profit (loss) for the period | 9904 | €13,111 | €121,791 | +€108,680 | +829% |
| Profit (loss) for the period to be appropriated | 9905 | €13,111 | €121,791 | +€108,680 | +829% |
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 19 October 2026 via checked.be.