MATÉE: 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.
MATÉE
Largest movements
- Cash +€38,570
up €38,570 (+55.5%), from €69,521 to €108,090
mainly Net result for the year (+€39,425) and Tax, wage and social debts (+€8,283)
- Receivables within one year +€10,548
up €10,548 (+482.3%), from €2,187 to €12,735
of which Trade receivables: +€8,350
- Reserves +€31,887
up €31,887 (+46.9%), from €68,016 to €99,904
- Tax, wage and social debts +€8,283
up €8,283 (+162.5%), from €5,096 to €13,379
of which Taxes: +€8,283
- Profit (loss) carried forward +€7,538
up €7,538, from -€7,538 to €0
- Other debts +€2,552
up €2,552 (+30.2%), from €8,460 to €11,012
- Trade debts -€1,272
down €1,272 (-55.6%), from €2,288 to €1,017
- Gross operating margin +€60,685
up €60,685, from -€5,182 to €55,502
- Taxes +€12,421
up €12,421 (+9422.5%), from €132 to €12,553
- Other operating charges +€1,058
up €1,058 (+107.1%), from €987 to €2,045
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 | €76,823 | €125,873 | +€49,050 | +63.8% |
| Fixed assets | 21/28 | €3,827 | €3,734 | -€93 | -2.4% |
| Tangible fixed assets | 22/27 | €3,827 | €3,734 | -€93 | -2.4% |
| Furniture and vehicles | 24 | - | €907 | +€907 | |
| Other tangible fixed assets | 26 | €3,827 | €2,827 | -€1,000 | -26.1% |
| Current assets | 29/58 | €72,996 | €122,139 | +€49,144 | +67.3% |
| Amounts receivable within one year | 40/41 | €2,187 | €12,735 | +€10,548 | +482.3% |
| Trade receivables | 40 | €0 | €8,350 | +€8,350 | |
| Other amounts receivable | 41 | €2,187 | €4,385 | +€2,198 | +100.5% |
| Cash at bank and in hand | 54/58 | €69,521 | €108,090 | +€38,570 | +55.5% |
| Deferred charges and accrued income | 490/1 | €1,288 | €1,314 | +€26 | +2.0% |
| Total equity and liabilities | 10/49 | €76,823 | €125,873 | +€49,050 | +63.8% |
| Equity | 10/15 | €60,978 | €100,404 | +€39,425 | +64.7% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €68,016 | €99,904 | +€31,887 | +46.9% |
| Distributable reserves | 133 | €68,016 | €99,904 | +€31,887 | +46.9% |
| Profit (loss) carried forward | 14 | -€7,538 | €0 | +€7,538 | |
| Amounts payable | 17/49 | €15,845 | €25,469 | +€9,625 | +60.7% |
| Amounts payable within one year | 42/48 | €15,845 | €25,407 | +€9,563 | +60.4% |
| Trade debts | 44 | €2,288 | €1,017 | -€1,272 | -55.6% |
| Suppliers | 440/4 | €2,288 | €1,017 | -€1,272 | -55.6% |
| Taxes, remuneration and social security | 45 | €5,096 | €13,379 | +€8,283 | +162.5% |
| Taxes | 450/3 | €5,096 | €13,379 | +€8,283 | +162.5% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €8,460 | €11,012 | +€2,552 | +30.2% |
| Accrued charges and deferred income | 492/3 | - | €62 | +€62 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,000 | €1,174 | +€174 | +17.4% |
| Other operating charges | 640/8 | €987 | €2,045 | +€1,058 | +107.1% |
| Gross operating margin | 9900 | -€5,182 | €55,502 | +€60,685 | |
| Operating profit (loss) | 9901 | -€7,169 | €52,284 | +€59,453 | |
| Financial income | 75/76B | €15 | €0 | -€15 | -100.0% |
| Recurring financial income | 75 | €15 | €0 | -€15 | -100.0% |
| Financial charges | 65/66B | €252 | €306 | +€54 | +21.5% |
| Recurring financial charges | 65 | €252 | €306 | +€54 | +21.5% |
| Profit (loss) for the period before taxes | 9903 | -€7,406 | €51,978 | +€59,384 | |
| Income taxes | 67/77 | €132 | €12,553 | +€12,421 | +9422.5% |
| Profit (loss) for the period | 9904 | -€7,538 | €39,425 | +€46,963 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,538 | €39,425 | +€46,963 |
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 10 October 2026 via checked.be.