MATEC.VSE: 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.
MATEC.VSE
Largest movements
- Receivables within one year -€4,745
down €4,745 (-47.8%), from €9,929 to €5,184
of which Other amounts receivable: -€5,266
- Cash +€2,204
up €2,204 (+23.0%), from €9,565 to €11,768
mainly Other debts (+€5,444) and Receivables within one year (+€4,745)
- Stocks and contracts -€413
down €413 (-6.8%), from €6,081 to €5,668
- Profit (loss) carried forward -€6,070
down €6,070 (-15.8%), from -€38,380 to -€44,450
- Other debts +€5,444
up €5,444 (+11.4%), from €47,688 to €53,132
- Trade debts -€2,329
down €2,329 (-26.0%), from €8,947 to €6,618
- Gross operating margin +€615
up €615 (+10.0%), from -€6,181 to -€5,565
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €25,575 | €22,621 | -€2,954 | -11.6% |
| Current assets | 29/58 | €25,575 | €22,621 | -€2,954 | -11.6% |
| Stocks and contracts in progress | 3 | €6,081 | €5,668 | -€413 | -6.8% |
| Stocks | 30/36 | €6,081 | €5,668 | -€413 | -6.8% |
| Amounts receivable within one year | 40/41 | €9,929 | €5,184 | -€4,745 | -47.8% |
| Trade receivables | 40 | €4,368 | €4,888 | +€521 | +11.9% |
| Other amounts receivable | 41 | €5,561 | €296 | -€5,266 | -94.7% |
| Cash at bank and in hand | 54/58 | €9,565 | €11,768 | +€2,204 | +23.0% |
| Total equity and liabilities | 10/49 | €25,575 | €22,621 | -€2,954 | -11.6% |
| Equity | 10/15 | -€31,060 | -€37,130 | -€6,070 | -19.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,120 | €1,120 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,120 | €1,120 | = | 0.0% |
| Legal reserve | 130 | €1,120 | €1,120 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€38,380 | -€44,450 | -€6,070 | -15.8% |
| Amounts payable | 17/49 | €56,635 | €59,751 | +€3,116 | +5.5% |
| Amounts payable within one year | 42/48 | €56,635 | €59,751 | +€3,116 | +5.5% |
| Trade debts | 44 | €8,947 | €6,618 | -€2,329 | -26.0% |
| Suppliers | 440/4 | €8,947 | €6,618 | -€2,329 | -26.0% |
| Other amounts payable | 47/48 | €47,688 | €53,132 | +€5,444 | +11.4% |
| Other operating charges | 640/8 | €384 | €387 | +€3 | +0.8% |
| Gross operating margin | 9900 | -€6,181 | -€5,565 | +€615 | +10.0% |
| Operating profit (loss) | 9901 | -€6,565 | -€5,953 | +€613 | +9.3% |
| Financial charges | 65/66B | €104 | €117 | +€13 | +12.2% |
| Recurring financial charges | 65 | €104 | €117 | +€13 | +12.2% |
| Profit (loss) for the period before taxes | 9903 | -€6,670 | -€6,070 | +€600 | +9.0% |
| Profit (loss) for the period | 9904 | -€6,670 | -€6,070 | +€600 | +9.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,670 | -€6,070 | +€600 | +9.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.