MATECOM: 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.
What changed
MATECOM
NACE 23.610, Manufacture of other non-metallic mineral products
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€53,852
2024 · €47,385+€6,467
Equity
€688,665
2024 · €634,813+€53,852
Cash
€107,923
2024 · €103,235+€4,687
Balance sheet total
€707,986
2024 · €720,331-€12,345
Largest movements
Assets
- Tangible fixed assets -€48,441
down €48,441 (-9.5%), from €507,789 to €459,348
of which Land and buildings: -€48,441
- Deferred charges and accrued income +€26,362
up €26,362 (+44.1%), from €59,738 to €86,100
Equity and liabilities
- Debts after one year -€75,000
no longer reported in 2025 (was €75,000)
- Profit (loss) carried forward +€53,852
up €53,852 (+57.9%), from €93,083 to €146,934
Income statement
- Depreciation -€6,750
down €6,750 (-12.2%), from €55,192 to €48,441
- Gross operating margin +€4,168
up €4,168 (+2.6%), from €163,321 to €167,489
- Provisions +€2,800
new in 2025: €2,800
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.
Result 2024
€47,385
Gross operating margin
+€4,168
Depreciation
+€6,750
Provisions
-€2,800
Other operating charges
-€227
Financial charges
+€15
Taxes
-€1,439
Result 2025
€53,852
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.
From operations
+€80,143
Investment
-€456
Financing
-€75,000
Cash 2024
€103,235
From operations (derived)
+€80,143
Net result for the year
+€53,852
Depreciation
+€48,441
Receivables within one year
-€4,592
Deferred charges and accrued income
-€26,362
Provisions
+€2,800
Trade debts
+€15
Tax, wage and social debts
+€2,496
Advances received
+€2,750
Accrued charges and deferred income
+€742
Investment (derived)
-€456
Investment in fixed assets (net)
-€456
Financing
-€75,000
Debts after one year
-€75,000
Cash 2025
€107,923
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €720,331 | €707,986 | -€12,345 | -1.7% |
| Fixed assets | 21/28 | €511,091 | €463,105 | -€47,986 | -9.4% |
| Tangible fixed assets | 22/27 | €507,789 | €459,348 | -€48,441 | -9.5% |
| Land and buildings | 22 | €507,789 | €459,348 | -€48,441 | -9.5% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Financial fixed assets | 28 | €3,302 | €3,758 | +€456 | +13.8% |
| Current assets | 29/58 | €209,240 | €244,881 | +€35,641 | +17.0% |
| Amounts receivable within one year | 40/41 | €46,266 | €50,858 | +€4,592 | +9.9% |
| Trade receivables | 40 | €38,570 | €858 | -€37,712 | -97.8% |
| Other amounts receivable | 41 | €7,697 | €50,000 | +€42,303 | +549.6% |
| Cash at bank and in hand | 54/58 | €103,235 | €107,923 | +€4,687 | +4.5% |
| Deferred charges and accrued income | 490/1 | €59,738 | €86,100 | +€26,362 | +44.1% |
| Total equity and liabilities | 10/49 | €720,331 | €707,986 | -€12,345 | -1.7% |
| Equity | 10/15 | €634,813 | €688,665 | +€53,852 | +8.5% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €479,730 | €479,730 | = | 0.0% |
| Non-distributable reserves | 130/1 | €20,000 | €20,000 | = | 0.0% |
| Legal reserve | 130 | €20,000 | €20,000 | = | 0.0% |
| Distributable reserves | 133 | €459,730 | €459,730 | = | 0.0% |
| Profit (loss) carried forward | 14 | €93,083 | €146,934 | +€53,852 | +57.9% |
| Provisions and deferred taxes | 16 | - | €2,800 | +€2,800 | |
| Provisions for liabilities and charges | 160/5 | - | €2,800 | +€2,800 | |
| Pensions and similar obligations | 160 | - | €0 | = | |
| Other liabilities and charges | 164/5 | - | €2,800 | +€2,800 | |
| Amounts payable | 17/49 | €85,518 | €16,521 | -€68,997 | -80.7% |
| Amounts payable after more than one year | 17 | €75,000 | - | -€75,000 | |
| Financial debts | 170/4 | €75,000 | - | -€75,000 | |
| Amounts payable within one year | 42/48 | €8,568 | €13,829 | +€5,261 | +61.4% |
| Trade debts | 44 | €2,873 | €2,888 | +€15 | +0.5% |
| Suppliers | 440/4 | €2,873 | €2,888 | +€15 | +0.5% |
| Advances received on contracts in progress | 46 | €3,250 | €6,000 | +€2,750 | +84.6% |
| Taxes, remuneration and social security | 45 | €2,445 | €4,941 | +€2,496 | +102.1% |
| Taxes | 450/3 | €2,445 | €4,941 | +€2,496 | +102.1% |
| Accrued charges and deferred income | 492/3 | €1,950 | €2,692 | +€742 | +38.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,192 | €48,441 | -€6,750 | -12.2% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €2,800 | +€2,800 | |
| Other operating charges | 640/8 | €43,988 | €44,216 | +€227 | +0.5% |
| Gross operating margin | 9900 | €163,321 | €167,489 | +€4,168 | +2.6% |
| Operating profit (loss) | 9901 | €64,141 | €72,032 | +€7,891 | +12.3% |
| Financial income | 75/76B | €0 | €0 | = | 0.0% |
| Recurring financial income | 75 | €0 | €0 | = | 0.0% |
| Financial charges | 65/66B | €244 | €230 | -€15 | -6.0% |
| Recurring financial charges | 65 | €244 | €230 | -€15 | -6.0% |
| Profit (loss) for the period before taxes | 9903 | €63,897 | €71,803 | +€7,906 | +12.4% |
| Income taxes | 67/77 | €16,512 | €17,951 | +€1,439 | +8.7% |
| Profit (loss) for the period | 9904 | €47,385 | €53,852 | +€6,467 | +13.6% |
| Profit (loss) for the period to be appropriated | 9905 | €47,385 | €53,852 | +€6,467 | +13.6% |
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 4 October 2026 via checked.be.