Matco Latex Services: 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.
What changed
Matco Latex Services
NACE 46.851, Wholesale of industrial chemicals
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€263,568
2024 · €526,653-€263,085
Equity
€12.0m
2024 · €12.5m-€526,653
Cash
€71,771
2024 · €41,362+€30,409
Balance sheet total
€29.4m
2024 · €29.1m+€297,111
Largest movements
Assets
- Receivables within one year +€396,884
up €396,884 (+97.9%), from €405,256 to €802,140
of which Trade receivables: +€224,641
Equity and liabilities
- Debts after one year +€12.6m
new in 2025: €12.6m
- Short-term financial debts -€11.3m
no longer reported in 2025 (was €11.3m)
- Other debts -€1.5m
down €1.5m (-33.1%), from €4.5m to €3.0m
- Trade debts +€1.1m
up €1.1m (+212.3%), from €501,706 to €1.6m
- Profit (loss) carried forward -€526,653
down €526,653 (-100.0%), from €526,653 to €0
Income statement
- Turnover +€25.9m
new in 2025: €25.9m
- Goods and materials +€24.8m
new in 2025: €24.8m
- Financial income -€2.0m
no longer reported in 2025 (was €2.0m)
- Gross operating margin +€597,821
no longer reported in 2025 (was -€597,821)
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.
Result 2024
€526,653
Turnover
+€25.9m
Other operating income
+€4,044
Goods and materials
-€24.8m
Services and other goods
-€5,694
Staff costs
-€90,787
Depreciation
-€7,984
Other operating charges
-€90
Other operating items
+€779,361
Financial income
-€2.0m
Financial charges
+€16,610
Result 2025
€263,568
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.
From operations
-€600,940
Investment
+€122,198
Financing
+€509,151
Cash 2024
€41,362
From operations (derived)
-€600,940
Net result for the year
+€263,568
Depreciation
+€7,984
Receivables within one year
-€396,884
Trade debts
+€1.1m
Tax, wage and social debts
+€59,707
Other debts
-€1.5m
Accrued charges and deferred income
-€96,234
Investment (derived)
+€122,198
Investment in fixed assets (net)
+€122,198
Financing
+€509,151
Debts after one year
+€12.6m
Short-term financial debts
-€11.3m
Contributions, distributions and other
-€790,220
Cash 2025
€71,771
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €29,053,470 | €29,350,581 | +€297,111 | +1.0% |
| Fixed assets | 21/28 | €28,606,851 | €28,476,669 | -€130,182 | -0.5% |
| Tangible fixed assets | 22/27 | - | €39,918 | +€39,918 | |
| Furniture and vehicles | 24 | - | €39,918 | +€39,918 | |
| Financial fixed assets | 28 | €28,606,851 | €28,436,751 | -€170,100 | -0.6% |
| Affiliated companies | 280/1 | - | €28,436,751 | +€28.4m | |
| Participating interests | 280 | - | €28,436,751 | +€28.4m | |
| Current assets | 29/58 | €446,619 | €873,912 | +€427,293 | +95.7% |
| Amounts receivable within one year | 40/41 | €405,256 | €802,140 | +€396,884 | +97.9% |
| Trade receivables | 40 | €400,000 | €624,641 | +€224,641 | +56.2% |
| Other amounts receivable | 41 | €5,256 | €177,499 | +€172,242 | +3276.9% |
| Cash at bank and in hand | 54/58 | €41,362 | €71,771 | +€30,409 | +73.5% |
| Total equity and liabilities | 10/49 | €29,053,470 | €29,350,581 | +€297,111 | +1.0% |
| Equity | 10/15 | €12,493,653 | €11,967,000 | -€526,653 | -4.2% |
| Contributions | 10/11 | €11,967,000 | €11,967,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €526,653 | €0 | -€526,653 | -100.0% |
| Amounts payable | 17/49 | €16,559,817 | €17,383,581 | +€823,764 | +5.0% |
| Amounts payable after more than one year | 17 | - | €12,641,704 | +€12.6m | |
| Financial debts | 170/4 | - | €12,641,704 | +€12.6m | |
| Credit institutions | 173 | - | €8,500,000 | +€8.5m | |
| Other loans | 174 | - | €4,141,704 | +€4.1m | |
| Amounts payable within one year | 42/48 | €16,384,766 | €4,663,059 | -€11.7m | -71.5% |
| Financial debts | 43 | €11,342,333 | - | -€11.3m | |
| Credit institutions | 430/8 | €11,342,333 | - | -€11.3m | |
| Trade debts | 44 | €501,706 | €1,566,869 | +€1.1m | +212.3% |
| Suppliers | 440/4 | €501,706 | €1,566,869 | +€1.1m | +212.3% |
| Taxes, remuneration and social security | 45 | - | €59,707 | +€59,707 | |
| Taxes | 450/3 | - | €46,597 | +€46,597 | |
| Remuneration and social security | 454/9 | - | €13,110 | +€13,110 | |
| Other amounts payable | 47/48 | €4,540,726 | €3,036,483 | -€1.5m | -33.1% |
| Accrued charges and deferred income | 492/3 | €175,051 | €78,817 | -€96,234 | -55.0% |
| Operating income | 70/76A | - | €25,944,491 | +€25.9m | |
| Turnover | 70 | - | €25,933,989 | +€25.9m | |
| Other operating income | 74 | - | €4,044 | +€4,044 | |
| Non-recurring operating income | 76A | - | €6,457 | +€6,457 | |
| Operating charges | 60/66A | - | €24,951,617 | +€25.0m | |
| Goods for resale, raw materials and consumables | 60 | - | €24,846,935 | +€24.8m | |
| Purchases | 600/8 | - | €24,846,935 | +€24.8m | |
| Services and other goods | 61 | - | €5,694 | +€5,694 | |
| Remuneration, social security and pensions | 62 | - | €90,787 | +€90,787 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €7,984 | +€7,984 | |
| Other operating charges | 640/8 | €126 | €216 | +€90 | +71.2% |
| Non-recurring operating charges | 66A | €175,083 | - | -€175,083 | |
| Gross operating margin | 9900 | -€597,821 | - | +€597,821 | |
| Operating profit (loss) | 9901 | -€773,030 | €992,874 | +€1.8m | |
| Financial income | 75/76B | €2,045,599 | - | -€2.0m | |
| Recurring financial income | 75 | €2,045,599 | - | -€2.0m | |
| Financial charges | 65/66B | €745,916 | €729,306 | -€16,610 | -2.2% |
| Recurring financial charges | 65 | €745,916 | €729,306 | -€16,610 | -2.2% |
| Debt charges | 650 | - | €712,089 | +€712,089 | |
| Other financial charges | 652/9 | - | €17,217 | +€17,217 | |
| Profit (loss) for the period before taxes | 9903 | €526,653 | €263,568 | -€263,085 | -50.0% |
| Profit (loss) for the period | 9904 | €526,653 | €263,568 | -€263,085 | -50.0% |
| Profit (loss) for the period to be appropriated | 9905 | €526,653 | €263,568 | -€263,085 | -50.0% |
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 10 October 2026 via checked.be.