MATECO SYSTEMS: 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.
MATECO SYSTEMS
Largest movements
- Receivables within one year +€9,605
up €9,605 (+8.6%), from €111,393 to €120,999
of which Other amounts receivable: +€4,950
- Tangible fixed assets +€7,396
up €7,396 (+5.4%), from €136,013 to €143,409
of which Furniture and vehicles: +€16,504
- Other debts +€90,819
up €90,819 (+9515.5%), from €954 to €91,774
- Reserves -€50,013
down €50,013 (-24.8%), from €201,825 to €151,811
of which Distributable reserves: -€50,013
- Contributions -€30,987
down €30,987 (-100.0%), from €30,987 to €0
- Debts after one year -€12,809
down €12,809 (-24.4%), from €52,438 to €39,629
- Current portion of long-term debt +€12,106
up €12,106 (+97.4%), from €12,431 to €24,537
- Gross operating margin +€14,344
up €14,344 (+19.7%), from €72,663 to €87,008
- Depreciation +€4,569
up €4,569 (+24.8%), from €18,452 to €23,020
- Taxes +€3,460
up €3,460 (+17.3%), from €20,026 to €23,486
- Financial income +€911
up €911 (+15.2%), from €5,973 to €6,884
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 | €309,502 | €325,882 | +€16,380 | +5.3% |
| Fixed assets | 21/28 | €136,013 | €143,409 | +€7,396 | +5.4% |
| Tangible fixed assets | 22/27 | €136,013 | €143,409 | +€7,396 | +5.4% |
| Furniture and vehicles | 24 | €10,399 | €26,903 | +€16,504 | +158.7% |
| Other tangible fixed assets | 26 | €125,614 | €116,506 | -€9,108 | -7.3% |
| Current assets | 29/58 | €173,490 | €182,473 | +€8,983 | +5.2% |
| Amounts receivable after more than one year | 29 | €60,000 | €60,000 | = | 0.0% |
| Other amounts receivable | 291 | €60,000 | €60,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €111,393 | €120,999 | +€9,605 | +8.6% |
| Trade receivables | 40 | €17,364 | €22,019 | +€4,655 | +26.8% |
| Other amounts receivable | 41 | €94,030 | €98,980 | +€4,950 | +5.3% |
| Cash at bank and in hand | 54/58 | €2,096 | €1,188 | -€908 | -43.3% |
| Deferred charges and accrued income | 490/1 | €0 | €286 | +€286 | |
| Total equity and liabilities | 10/49 | €309,502 | €325,882 | +€16,380 | +5.3% |
| Equity | 10/15 | €232,811 | €151,811 | -€81,000 | -34.8% |
| Contributions | 10/11 | €30,987 | €0 | -€30,987 | -100.0% |
| Reserves | 13 | €201,825 | €151,811 | -€50,013 | -24.8% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €201,825 | €151,811 | -€50,013 | -24.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €76,691 | €174,071 | +€97,380 | +127.0% |
| Amounts payable after more than one year | 17 | €52,438 | €39,629 | -€12,809 | -24.4% |
| Financial debts | 170/4 | €52,438 | €39,629 | -€12,809 | -24.4% |
| Amounts payable within one year | 42/48 | €24,253 | €134,442 | +€110,189 | +454.3% |
| Current portion of amounts payable after more than one year | 42 | €12,431 | €24,537 | +€12,106 | +97.4% |
| Trade debts | 44 | €1,323 | €227 | -€1,097 | -82.9% |
| Suppliers | 440/4 | €1,323 | €227 | -€1,097 | -82.9% |
| Taxes, remuneration and social security | 45 | €9,544 | €17,904 | +€8,360 | +87.6% |
| Taxes | 450/3 | €9,544 | €17,904 | +€8,360 | +87.6% |
| Other amounts payable | 47/48 | €954 | €91,774 | +€90,819 | +9515.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,452 | €23,020 | +€4,569 | +24.8% |
| Other operating charges | 640/8 | €1,303 | €1,670 | +€367 | +28.2% |
| Gross operating margin | 9900 | €72,663 | €87,008 | +€14,344 | +19.7% |
| Operating profit (loss) | 9901 | €52,908 | €62,317 | +€9,409 | +17.8% |
| Financial income | 75/76B | €5,973 | €6,884 | +€911 | +15.2% |
| Recurring financial income | 75 | €5,973 | €6,884 | +€911 | +15.2% |
| Financial charges | 65/66B | €3,252 | €3,955 | +€703 | +21.6% |
| Recurring financial charges | 65 | €3,252 | €3,955 | +€703 | +21.6% |
| Profit (loss) for the period before taxes | 9903 | €55,630 | €65,246 | +€9,616 | +17.3% |
| Income taxes | 67/77 | €20,026 | €23,486 | +€3,460 | +17.3% |
| Profit (loss) for the period | 9904 | €35,604 | €41,761 | +€6,157 | +17.3% |
| Profit (loss) for the period to be appropriated | 9905 | €35,604 | €41,761 | +€6,157 | +17.3% |
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 7 October 2026 via checked.be.