MATCO int.: 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.
MATCO int.
Largest movements
- Cash +€9,895
up €9,895 (+6680.0%), from €148 to €10,043
mainly Depreciation (+€6,503) and Other debts (+€6,202)
- Tangible fixed assets -€6,503
down €6,503 (-48.2%), from €13,485 to €6,983
- Receivables within one year -€4,921
down €4,921 (-29.5%), from €16,677 to €11,756
of which Trade receivables: -€3,522
- Profit (loss) carried forward -€12,973
down €12,973 (-7.0%), from -€184,850 to -€197,822
- Other debts +€6,202
up €6,202 (+23.9%), from €25,945 to €32,146
- Trade debts +€3,807
up €3,807 (+358.6%), from €1,062 to €4,869
- Short-term financial debts +€1,136
up €1,136 (+1.5%), from €75,000 to €76,136
- Gross operating margin +€11,755
up €11,755, from -€8,245 to €3,510
- Depreciation -€1,076
down €1,076 (-14.2%), from €7,579 to €6,503
- Taxes +€324
up €324 (+34.3%), from €945 to €1,269
- Other operating charges -€222
down €222 (-10.0%), from €2,211 to €1,989
- Financial charges +€200
up €200 (+3.1%), from €6,521 to €6,721
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.
Cash bridge derived
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 | €30,310 | €28,782 | -€1,529 | -5.0% |
| Fixed assets | 21/28 | €13,485 | €6,983 | -€6,503 | -48.2% |
| Tangible fixed assets | 22/27 | €13,485 | €6,983 | -€6,503 | -48.2% |
| Furniture and vehicles | 24 | €13,485 | €6,983 | -€6,503 | -48.2% |
| Current assets | 29/58 | €16,825 | €21,799 | +€4,974 | +29.6% |
| Amounts receivable within one year | 40/41 | €16,677 | €11,756 | -€4,921 | -29.5% |
| Trade receivables | 40 | €14,910 | €11,388 | -€3,522 | -23.6% |
| Other amounts receivable | 41 | €1,767 | €368 | -€1,399 | -79.2% |
| Cash at bank and in hand | 54/58 | €148 | €10,043 | +€9,895 | +6680.0% |
| Total equity and liabilities | 10/49 | €30,310 | €28,782 | -€1,529 | -5.0% |
| Equity | 10/15 | -€72,768 | -€85,741 | -€12,973 | -17.8% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €12,081 | €12,081 | = | 0.0% |
| Distributable reserves | 133 | €12,081 | €12,081 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€184,850 | -€197,822 | -€12,973 | -7.0% |
| Amounts payable | 17/49 | €103,079 | €114,522 | +€11,444 | +11.1% |
| Amounts payable within one year | 42/48 | €103,079 | €114,522 | +€11,444 | +11.1% |
| Financial debts | 43 | €75,000 | €76,136 | +€1,136 | +1.5% |
| Credit institutions | 430/8 | €75,000 | €76,136 | +€1,136 | +1.5% |
| Trade debts | 44 | €1,062 | €4,869 | +€3,807 | +358.6% |
| Suppliers | 440/4 | €1,062 | €4,869 | +€3,807 | +358.6% |
| Taxes, remuneration and social security | 45 | €1,072 | €1,371 | +€299 | +27.9% |
| Taxes | 450/3 | €1,072 | €1,371 | +€299 | +27.9% |
| Other amounts payable | 47/48 | €25,945 | €32,146 | +€6,202 | +23.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,579 | €6,503 | -€1,076 | -14.2% |
| Other operating charges | 640/8 | €2,211 | €1,989 | -€222 | -10.0% |
| Gross operating margin | 9900 | -€8,245 | €3,510 | +€11,755 | |
| Operating profit (loss) | 9901 | -€18,035 | -€4,982 | +€13,053 | +72.4% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €6,521 | €6,721 | +€200 | +3.1% |
| Recurring financial charges | 65 | €6,521 | €6,721 | +€200 | +3.1% |
| Profit (loss) for the period before taxes | 9903 | -€24,556 | -€11,704 | +€12,852 | +52.3% |
| Income taxes | 67/77 | €945 | €1,269 | +€324 | +34.3% |
| Profit (loss) for the period | 9904 | -€25,501 | -€12,973 | +€12,528 | +49.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€25,501 | -€12,973 | +€12,528 | +49.1% |
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 9 October 2026 via checked.be.