MATECO: 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.
MATECO
Largest movements
- Current investments +€30,000
up €30,000 (+46.2%), from €65,000 to €95,000
- Reserves +€28,617
up €28,617 (+39.6%), from €72,288 to €100,905
- Gross operating margin -€2,474
down €2,474 (-5.9%), from €41,767 to €39,293
- Taxes -€713
down €713 (-6.0%), from €11,804 to €11,090
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 | €88,287 | €116,263 | +€27,976 | +31.7% |
| Current assets | 29/58 | €88,287 | €116,263 | +€27,976 | +31.7% |
| Amounts receivable within one year | 40/41 | €4,988 | €4,087 | -€900 | -18.0% |
| Trade receivables | 40 | €4,988 | €0 | -€4,988 | -100% |
| Other amounts receivable | 41 | - | €4,087 | +€4,087 | |
| Current investments | 50/53 | €65,000 | €95,000 | +€30,000 | +46.2% |
| Cash at bank and in hand | 54/58 | €18,299 | €17,176 | -€1,123 | -6.1% |
| Total equity and liabilities | 10/49 | €88,287 | €116,263 | +€27,976 | +31.7% |
| Equity | 10/15 | €77,592 | €106,209 | +€28,617 | +36.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €72,288 | €100,905 | +€28,617 | +39.6% |
| Distributable reserves | 133 | €72,288 | €100,905 | +€28,617 | +39.6% |
| Profit (loss) carried forward | 14 | €304 | €304 | = | 0.0% |
| Amounts payable | 17/49 | €10,695 | €10,054 | -€641 | -6.0% |
| Amounts payable within one year | 42/48 | €10,695 | €10,054 | -€641 | -6.0% |
| Taxes, remuneration and social security | 45 | €10,695 | €10,054 | -€641 | -6.0% |
| Taxes | 450/3 | €10,695 | €10,054 | -€641 | -6.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Other operating charges | 640/8 | €569 | €520 | -€49 | -8.7% |
| Gross operating margin | 9900 | €41,767 | €39,293 | -€2,474 | -5.9% |
| Operating profit (loss) | 9901 | €41,198 | €38,773 | -€2,425 | -5.9% |
| Financial income | 75/76B | €733 | €1,053 | +€320 | +43.7% |
| Recurring financial income | 75 | €733 | €1,053 | +€320 | +43.7% |
| Financial charges | 65/66B | €200 | €119 | -€80 | -40.3% |
| Recurring financial charges | 65 | €200 | €119 | -€80 | -40.3% |
| Profit (loss) for the period before taxes | 9903 | €41,731 | €39,707 | -€2,024 | -4.8% |
| Income taxes | 67/77 | €11,804 | €11,090 | -€713 | -6.0% |
| Profit (loss) for the period | 9904 | €29,928 | €28,617 | -€1,310 | -4.4% |
| Profit (loss) for the period to be appropriated | 9905 | €29,928 | €28,617 | -€1,310 | -4.4% |
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 14 October 2026 via checked.be.