MATEC E&A: what changed
Two fiscal 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.
MATEC E&A
Largest movements
- Cash -€38,880
down €38,880 (-34.3%), from €113,490 to €74,610
mainly Contributions, distributions and other (-€58,830) and Investment in fixed assets (net) (-€42,802)
- Tangible fixed assets +€33,003
up €33,003 (+109.8%), from €30,051 to €63,054
of which Furniture and vehicles: +€33,508
- Receivables within one year +€11,398
up €11,398 (+142.4%), from €8,004 to €19,402
of which Trade receivables: +€12,114
- Other debts +€53,944
up €53,944 (+233.6%), from €23,094 to €77,038
- Reserves -€34,928
down €34,928 (-31.2%), from €111,815 to €76,886
- Tax, wage and social debts -€7,116
down €7,116 (-95.3%), from €7,469 to €353
of which Taxes: -€7,440
- Trade debts -€5,418
down €5,418 (-91.1%), from €5,948 to €529
- Gross operating margin -€21,281
down €21,281 (-31.3%), from €68,010 to €46,729
- Taxes -€6,988
down €6,988 (-48.9%), from €14,302 to €7,314
- Depreciation +€5,367
up €5,367 (+121.1%), from €4,432 to €9,800
- Other operating charges +€3,801
up €3,801 (+845.8%), from €449 to €4,250
- Financial charges +€769
up €769 (+110.6%), from €695 to €1,464
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 | €153,853 | €160,562 | +€6,709 | +4.4% |
| Fixed assets | 21/28 | €30,051 | €63,054 | +€33,003 | +109.8% |
| Tangible fixed assets | 22/27 | €30,051 | €63,054 | +€33,003 | +109.8% |
| Land and buildings | 22 | €22,937 | €20,159 | -€2,778 | -12.1% |
| Plant, machinery and equipment | 23 | €75 | €2,348 | +€2,273 | +3018.3% |
| Furniture and vehicles | 24 | €7,039 | €40,547 | +€33,508 | +476.0% |
| Current assets | 29/58 | €123,802 | €97,508 | -€26,294 | -21.2% |
| Amounts receivable within one year | 40/41 | €8,004 | €19,402 | +€11,398 | +142.4% |
| Trade receivables | 40 | €6,488 | €18,602 | +€12,114 | +186.7% |
| Other amounts receivable | 41 | €1,516 | €800 | -€716 | -47.2% |
| Cash at bank and in hand | 54/58 | €113,490 | €74,610 | -€38,880 | -34.3% |
| Deferred charges and accrued income | 490/1 | €2,307 | €3,497 | +€1,189 | +51.5% |
| Total equity and liabilities | 10/49 | €153,853 | €160,562 | +€6,709 | +4.4% |
| Equity | 10/15 | €116,815 | €81,886 | -€34,928 | -29.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €111,815 | €76,886 | -€34,928 | -31.2% |
| Distributable reserves | 133 | €111,815 | €76,886 | -€34,928 | -31.2% |
| Amounts payable | 17/49 | €37,038 | €78,675 | +€41,637 | +112.4% |
| Amounts payable within one year | 42/48 | €36,511 | €77,920 | +€41,409 | +113.4% |
| Trade debts | 44 | €5,948 | €529 | -€5,418 | -91.1% |
| Suppliers | 440/4 | €5,948 | €529 | -€5,418 | -91.1% |
| Taxes, remuneration and social security | 45 | €7,469 | €353 | -€7,116 | -95.3% |
| Taxes | 450/3 | €7,469 | €29 | -€7,440 | -99.6% |
| Remuneration and social security | 454/9 | - | €324 | +€324 | |
| Other amounts payable | 47/48 | €23,094 | €77,038 | +€53,944 | +233.6% |
| Accrued charges and deferred income | 492/3 | €528 | €755 | +€228 | +43.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,432 | €9,800 | +€5,367 | +121.1% |
| Other operating charges | 640/8 | €449 | €4,250 | +€3,801 | +845.8% |
| Gross operating margin | 9900 | €68,010 | €46,729 | -€21,281 | -31.3% |
| Operating profit (loss) | 9901 | €63,128 | €32,679 | -€30,449 | -48.2% |
| Financial income | 75/76B | €4 | €1 | -€3 | -75.7% |
| Recurring financial income | 75 | €4 | €1 | -€3 | -75.7% |
| Financial charges | 65/66B | €695 | €1,464 | +€769 | +110.6% |
| Recurring financial charges | 65 | €695 | €1,464 | +€769 | +110.6% |
| Profit (loss) for the period before taxes | 9903 | €62,436 | €31,215 | -€31,221 | -50.0% |
| Income taxes | 67/77 | €14,302 | €7,314 | -€6,988 | -48.9% |
| Profit (loss) for the period | 9904 | €48,134 | €23,902 | -€24,233 | -50.3% |
| Profit (loss) for the period to be appropriated | 9905 | €48,134 | €23,902 | -€24,233 | -50.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.