MATE-SANTE: 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.
MATE-SANTE
Largest movements
- Stocks and contracts +€79,241
up €79,241 (+43.6%), from €181,565 to €260,806
- Cash +€32,664
new in 2025: €32,664
mainly Net result for the year (+€66,587) and Trade debts (+€28,335)
- Tangible fixed assets +€29,154
new in 2025: €29,154
- Receivables within one year -€10,158
down €10,158 (-81.6%), from €12,441 to €2,283
of which Trade receivables: -€5,709
- Profit (loss) carried forward +€66,587
up €66,587 (+76.6%), from €86,896 to €153,482
- Trade debts +€28,335
up €28,335 (+171%), from €16,607 to €44,942
- Debts after one year +€19,592
new in 2025: €19,592
- Current portion of long-term debt +€17,331
new in 2025: €17,331
- Short-term financial debts -€17,002
no longer reported in 2025 (was €17,002)
- Gross operating margin +€53,807
up €53,807 (+56.4%), from €95,404 to €149,212
- Depreciation +€11,932
new in 2025: €11,932
- Taxes +€11,679
up €11,679 (+76.3%), from €15,317 to €26,996
- Financial charges +€9,366
up €9,366 (+101%), from €9,305 to €18,671
- Staff costs +€2,156
up €2,156 (+8.8%), from €24,485 to €26,641
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 | €195,248 | €325,508 | +€130,259 | +66.7% |
| Fixed assets | 21/28 | €225 | €29,379 | +€29,154 | +12,957% |
| Tangible fixed assets | 22/27 | - | €29,154 | +€29,154 | |
| Furniture and vehicles | 24 | - | €29,154 | +€29,154 | |
| Financial fixed assets | 28 | €225 | €225 | = | 0.0% |
| Current assets | 29/58 | €195,023 | €296,128 | +€101,105 | +51.8% |
| Stocks and contracts in progress | 3 | €181,565 | €260,806 | +€79,241 | +43.6% |
| Stocks | 30/36 | €181,565 | €260,806 | +€79,241 | +43.6% |
| Amounts receivable within one year | 40/41 | €12,441 | €2,283 | -€10,158 | -81.6% |
| Trade receivables | 40 | €5,753 | €44 | -€5,709 | -99.2% |
| Other amounts receivable | 41 | €6,688 | €2,239 | -€4,449 | -66.5% |
| Cash at bank and in hand | 54/58 | - | €32,664 | +€32,664 | |
| Deferred charges and accrued income | 490/1 | €1,017 | €376 | -€641 | -63.0% |
| Total equity and liabilities | 10/49 | €195,248 | €325,508 | +€130,259 | +66.7% |
| Equity | 10/15 | €111,896 | €178,482 | +€66,587 | +59.5% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €86,896 | €153,482 | +€66,587 | +76.6% |
| Amounts payable | 17/49 | €83,353 | €147,025 | +€63,673 | +76.4% |
| Amounts payable after more than one year | 17 | - | €19,592 | +€19,592 | |
| Financial debts | 170/4 | - | €19,592 | +€19,592 | |
| Amounts payable within one year | 42/48 | €83,353 | €127,433 | +€44,080 | +52.9% |
| Current portion of amounts payable after more than one year | 42 | - | €17,331 | +€17,331 | |
| Financial debts | 43 | €17,002 | - | -€17,002 | |
| Credit institutions | 430/8 | €17,002 | - | -€17,002 | |
| Trade debts | 44 | €16,607 | €44,942 | +€28,335 | +171% |
| Suppliers | 440/4 | €16,607 | €44,942 | +€28,335 | +171% |
| Taxes, remuneration and social security | 45 | €32,536 | €34,256 | +€1,720 | +5.3% |
| Taxes | 450/3 | €25,605 | €25,245 | -€360 | -1.4% |
| Remuneration and social security | 454/9 | €6,931 | €9,011 | +€2,081 | +30.0% |
| Other amounts payable | 47/48 | €17,207 | €30,904 | +€13,696 | +79.6% |
| Remuneration, social security and pensions | 62 | €24,485 | €26,641 | +€2,156 | +8.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €11,932 | +€11,932 | |
| Other operating charges | 640/8 | €387 | €466 | +€78 | +20.2% |
| Gross operating margin | 9900 | €95,404 | €149,212 | +€53,807 | +56.4% |
| Operating profit (loss) | 9901 | €70,532 | €110,174 | +€39,641 | +56.2% |
| Financial income | 75/76B | €9 | €2,080 | +€2,071 | +23,809% |
| Recurring financial income | 75 | €9 | €2,080 | +€2,071 | +23,809% |
| Financial charges | 65/66B | €9,305 | €18,671 | +€9,366 | +101% |
| Recurring financial charges | 65 | €9,305 | €18,671 | +€9,366 | +101% |
| Profit (loss) for the period before taxes | 9903 | €61,236 | €93,583 | +€32,347 | +52.8% |
| Income taxes | 67/77 | €15,317 | €26,996 | +€11,679 | +76.3% |
| Profit (loss) for the period | 9904 | €45,919 | €66,587 | +€20,667 | +45.0% |
| Profit (loss) for the period to be appropriated | 9905 | €45,919 | €66,587 | +€20,667 | +45.0% |
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 20 October 2026 via checked.be.