MateFlex: 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.
MateFlex
Largest movements
- Receivables within one year +€6,539
up €6,539 (+21.3%), from €30,769 to €37,308
of which Trade receivables: +€7,075
- Cash -€3,138
down €3,138 (-64.0%), from €4,905 to €1,767
mainly Receivables within one year (-€6,539) and Investment in fixed assets (net) (-€2,709)
- Profit (loss) carried forward +€2,025
up €2,025 (+8.8%), from €23,138 to €25,163
- Tax, wage and social debts +€1,940
up €1,940 (+14.4%), from €13,490 to €15,430
of which Taxes: +€990
- Trade debts -€533
no longer reported in 2025 (was €533)
- Gross operating margin -€13,104
down €13,104 (-71.1%), from €18,418 to €5,314
- Taxes -€2,301
down €2,301 (-69.9%), from €3,290 to €990
- Financial income +€531
new in 2025: €531
- Depreciation +€440
up €440 (+19.6%), from €2,239 to €2,678
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 | €39,162 | €42,594 | +€3,431 | +8.8% |
| Fixed assets | 21/28 | €3,488 | €3,519 | +€31 | +0.9% |
| Tangible fixed assets | 22/27 | €3,488 | €3,519 | +€31 | +0.9% |
| Furniture and vehicles | 24 | €3,488 | €3,519 | +€31 | +0.9% |
| Current assets | 29/58 | €35,674 | €39,075 | +€3,401 | +9.5% |
| Amounts receivable within one year | 40/41 | €30,769 | €37,308 | +€6,539 | +21.3% |
| Trade receivables | 40 | €27,117 | €34,191 | +€7,075 | +26.1% |
| Other amounts receivable | 41 | €3,652 | €3,116 | -€536 | -14.7% |
| Cash at bank and in hand | 54/58 | €4,905 | €1,767 | -€3,138 | -64.0% |
| Total equity and liabilities | 10/49 | €39,162 | €42,594 | +€3,431 | +8.8% |
| Equity | 10/15 | €25,138 | €27,163 | +€2,025 | +8.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €23,138 | €25,163 | +€2,025 | +8.8% |
| Amounts payable | 17/49 | €14,024 | €15,430 | +€1,407 | +10.0% |
| Amounts payable within one year | 42/48 | €14,024 | €15,430 | +€1,407 | +10.0% |
| Trade debts | 44 | €533 | - | -€533 | |
| Suppliers | 440/4 | €533 | - | -€533 | |
| Taxes, remuneration and social security | 45 | €13,490 | €15,430 | +€1,940 | +14.4% |
| Taxes | 450/3 | €3,290 | €4,280 | +€990 | +30.1% |
| Remuneration and social security | 454/9 | €10,200 | €11,150 | +€950 | +9.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,239 | €2,678 | +€440 | +19.6% |
| Other operating charges | 640/8 | €121 | €151 | +€30 | +24.8% |
| Gross operating margin | 9900 | €18,418 | €5,314 | -€13,104 | -71.1% |
| Operating profit (loss) | 9901 | €16,059 | €2,485 | -€13,573 | -84.5% |
| Financial income | 75/76B | - | €531 | +€531 | |
| Recurring financial income | 75 | - | €531 | +€531 | |
| Financial charges | 65/66B | €84 | €1 | -€83 | -98.4% |
| Recurring financial charges | 65 | €84 | €1 | -€83 | -98.4% |
| Profit (loss) for the period before taxes | 9903 | €15,974 | €3,015 | -€12,959 | -81.1% |
| Income taxes | 67/77 | €3,290 | €990 | -€2,301 | -69.9% |
| Profit (loss) for the period | 9904 | €12,684 | €2,025 | -€10,659 | -84.0% |
| Profit (loss) for the period to be appropriated | 9905 | €12,684 | €2,025 | -€10,659 | -84.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.