MATECH SERVICE: 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.
MATECH SERVICE
Largest movements
- Cash +€42,529
up €42,529 (+76.9%), from €55,279 to €97,808
mainly Net result for the year (+€42,435) and Trade debts (+€35,446)
- Receivables within one year +€30,918
up €30,918 (+139%), from €22,256 to €53,175
of which Trade receivables: +€25,006
- Tangible fixed assets +€3,810
up €3,810 (+28.3%), from €13,463 to €17,272
of which Furniture and vehicles: +€4,371
- Reserves +€42,435
up €42,435 (+73.2%), from €57,981 to €100,417
- Trade debts +€35,446
up €35,446 (+320%), from €11,074 to €46,520
- Tax, wage and social debts +€5,232
up €5,232 (+49.2%), from €10,640 to €15,872
- Advances received -€4,158
no longer reported in 2025 (was €4,158)
- Debts after one year -€1,787
down €1,787 (-70.6%), from €2,531 to €744
- Gross operating margin +€8,428
up €8,428 (+14.8%), from €57,113 to €65,541
- Taxes +€5,051
up €5,051 (+48.1%), from €10,500 to €15,552
- Depreciation +€1,843
up €1,843 (+59.8%), from €3,084 to €4,927
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 | €91,235 | €168,339 | +€77,104 | +84.5% |
| Fixed assets | 21/28 | €13,463 | €17,272 | +€3,810 | +28.3% |
| Tangible fixed assets | 22/27 | €13,463 | €17,272 | +€3,810 | +28.3% |
| Plant, machinery and equipment | 23 | €2,259 | €1,697 | -€562 | -24.9% |
| Furniture and vehicles | 24 | €11,204 | €15,575 | +€4,371 | +39.0% |
| Current assets | 29/58 | €77,772 | €151,067 | +€73,294 | +94.2% |
| Amounts receivable within one year | 40/41 | €22,256 | €53,175 | +€30,918 | +139% |
| Trade receivables | 40 | €20,513 | €45,519 | +€25,006 | +122% |
| Other amounts receivable | 41 | €1,743 | €7,656 | +€5,913 | +339% |
| Cash at bank and in hand | 54/58 | €55,279 | €97,808 | +€42,529 | +76.9% |
| Deferred charges and accrued income | 490/1 | €237 | €85 | -€153 | -64.3% |
| Total equity and liabilities | 10/49 | €91,235 | €168,339 | +€77,104 | +84.5% |
| Equity | 10/15 | €60,981 | €103,417 | +€42,435 | +69.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €57,981 | €100,417 | +€42,435 | +73.2% |
| Distributable reserves | 133 | €57,981 | €100,417 | +€42,435 | +73.2% |
| Amounts payable | 17/49 | €30,254 | €64,923 | +€34,669 | +115% |
| Amounts payable after more than one year | 17 | €2,531 | €744 | -€1,787 | -70.6% |
| Financial debts | 170/4 | €2,531 | €744 | -€1,787 | -70.6% |
| Amounts payable within one year | 42/48 | €27,723 | €64,178 | +€36,455 | +131% |
| Current portion of amounts payable after more than one year | 42 | €1,787 | €1,787 | = | 0.0% |
| Trade debts | 44 | €11,074 | €46,520 | +€35,446 | +320% |
| Suppliers | 440/4 | €11,074 | €46,520 | +€35,446 | +320% |
| Advances received on contracts in progress | 46 | €4,158 | - | -€4,158 | |
| Taxes, remuneration and social security | 45 | €10,640 | €15,872 | +€5,232 | +49.2% |
| Taxes | 450/3 | €10,640 | €15,872 | +€5,232 | +49.2% |
| Other amounts payable | 47/48 | €65 | - | -€65 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,084 | €4,927 | +€1,843 | +59.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €401 | +€401 | |
| Other operating charges | 640/8 | - | €238 | +€238 | |
| Non-recurring operating charges | 66A | - | €1,396 | +€1,396 | |
| Gross operating margin | 9900 | €57,113 | €65,541 | +€8,428 | +14.8% |
| Operating profit (loss) | 9901 | €54,029 | €58,579 | +€4,550 | +8.4% |
| Financial income | 75/76B | €2 | €0 | -€2 | -99.1% |
| Recurring financial income | 75 | €2 | €0 | -€2 | -99.1% |
| Financial charges | 65/66B | €562 | €592 | +€29 | +5.2% |
| Recurring financial charges | 65 | €562 | €592 | +€29 | +5.2% |
| Profit (loss) for the period before taxes | 9903 | €53,468 | €57,987 | +€4,519 | +8.5% |
| Income taxes | 67/77 | €10,500 | €15,552 | +€5,051 | +48.1% |
| Profit (loss) for the period | 9904 | €42,968 | €42,435 | -€532 | -1.2% |
| Profit (loss) for the period to be appropriated | 9905 | €42,968 | €42,435 | -€532 | -1.2% |
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 23 October 2026 via checked.be.