MatchID: 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.
MatchID
Largest movements
- Current investments -€600,000
down €600,000 (-100%), from €600,000 to €0
- Cash +€359,056
up €359,056 (+40.8%), from €879,811 to €1.2m
mainly Current investments (+€600,000) and Net result for the year (+€228,194)
- Receivables within one year +€296,265
up €296,265 (+120%), from €247,135 to €543,400
of which Trade receivables: +€290,135
- Financial fixed assets -€42,104
down €42,104 (-14.6%), from €288,878 to €246,774
- Tangible fixed assets -€25,028
down €25,028 (-45.6%), from €54,860 to €29,833
of which Plant, machinery and equipment: -€20,729
- Reserves +€213,194
up €213,194 (+16.2%), from €1.3m to €1.5m
of which Distributable reserves: +€213,194
- Other debts -€204,998
down €204,998 (-93.2%), from €219,998 to €15,000
- Financial charges +€78,811
up €78,811 (+1,706%), from €4,619 to €83,431
of which Non-recurring financial charges: +€40,368
- Staff costs +€53,366
up €53,366 (+9.7%), from €552,199 to €605,565
- Gross operating margin -€38,906
down €38,906 (-4.1%), from €953,068 to €914,162
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 | €2,078,498 | €2,063,709 | -€14,789 | -0.7% |
| Fixed assets | 21/28 | €343,738 | €276,606 | -€67,132 | -19.5% |
| Tangible fixed assets | 22/27 | €54,860 | €29,833 | -€25,028 | -45.6% |
| Land and buildings | 22 | €372 | €248 | -€124 | -33.3% |
| Plant, machinery and equipment | 23 | €48,811 | €28,083 | -€20,729 | -42.5% |
| Furniture and vehicles | 24 | €5,227 | €1,244 | -€3,983 | -76.2% |
| Other tangible fixed assets | 26 | €450 | €258 | -€192 | -42.7% |
| Financial fixed assets | 28 | €288,878 | €246,774 | -€42,104 | -14.6% |
| Current assets | 29/58 | €1,734,760 | €1,787,103 | +€52,343 | +3.0% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €247,135 | €543,400 | +€296,265 | +120% |
| Trade receivables | 40 | €245,602 | €535,737 | +€290,135 | +118% |
| Other amounts receivable | 41 | €1,534 | €7,664 | +€6,130 | +400% |
| Current investments | 50/53 | €600,000 | €0 | -€600,000 | -100% |
| Cash at bank and in hand | 54/58 | €879,811 | €1,238,867 | +€359,056 | +40.8% |
| Deferred charges and accrued income | 490/1 | €7,814 | €4,835 | -€2,979 | -38.1% |
| Total equity and liabilities | 10/49 | €2,078,498 | €2,063,709 | -€14,789 | -0.7% |
| Equity | 10/15 | €1,755,646 | €1,968,839 | +€213,194 | +12.1% |
| Contributions | 10/11 | €435,791 | €435,791 | = | 0.0% |
| Capital | 10 | €435,791 | €435,791 | = | 0.0% |
| Issued capital | 100 | €435,791 | €435,791 | = | 0.0% |
| Reserves | 13 | €1,319,854 | €1,533,048 | +€213,194 | +16.2% |
| Non-distributable reserves | 130/1 | €43,579 | €43,579 | = | 0.0% |
| Legal reserve | 130 | €43,579 | €43,579 | = | 0.0% |
| Distributable reserves | 133 | €1,276,275 | €1,489,469 | +€213,194 | +16.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €322,853 | €94,870 | -€227,983 | -70.6% |
| Amounts payable within one year | 42/48 | €322,853 | €94,870 | -€227,983 | -70.6% |
| Financial debts | 43 | €4,882 | €1,165 | -€3,717 | -76.1% |
| Credit institutions | 430/8 | €4,882 | €1,165 | -€3,717 | -76.1% |
| Trade debts | 44 | €26,528 | €10,029 | -€16,498 | -62.2% |
| Suppliers | 440/4 | €26,528 | €10,029 | -€16,498 | -62.2% |
| Taxes, remuneration and social security | 45 | €71,445 | €68,675 | -€2,770 | -3.9% |
| Taxes | 450/3 | €8,551 | €1,712 | -€6,838 | -80.0% |
| Remuneration and social security | 454/9 | €62,894 | €66,963 | +€4,069 | +6.5% |
| Other amounts payable | 47/48 | €219,998 | €15,000 | -€204,998 | -93.2% |
| Remuneration, social security and pensions | 62 | €552,199 | €605,565 | +€53,366 | +9.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,528 | €25,028 | -€3,501 | -12.3% |
| Other operating charges | 640/8 | €2,016 | €2,060 | +€44 | +2.2% |
| Gross operating margin | 9900 | €953,068 | €914,162 | -€38,906 | -4.1% |
| Operating profit (loss) | 9901 | €370,325 | €281,509 | -€88,816 | -24.0% |
| Financial income | 75/76B | €37,477 | €33,116 | -€4,362 | -11.6% |
| Recurring financial income | 75 | €37,477 | €33,116 | -€4,362 | -11.6% |
| Financial charges | 65/66B | €4,619 | €83,431 | +€78,811 | +1,706% |
| Recurring financial charges | 65 | €4,619 | €43,062 | +€38,443 | +832% |
| Non-recurring financial charges | 66B | - | €40,368 | +€40,368 | |
| Profit (loss) for the period before taxes | 9903 | €403,183 | €231,194 | -€171,989 | -42.7% |
| Income taxes | 67/77 | €4,360 | €3,000 | -€1,360 | -31.2% |
| Profit (loss) for the period | 9904 | €398,823 | €228,194 | -€170,630 | -42.8% |
| Profit (loss) for the period to be appropriated | 9905 | €398,823 | €228,194 | -€170,630 | -42.8% |
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 27 October 2026 via checked.be.