Matei Trans: 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.
Matei Trans
Largest movements
- Cash +€522,975
up €522,975 (+1021.9%), from €51,178 to €574,153
mainly Trade debts (+€559,354) and Tax, wage and social debts (+€276,825)
- Receivables within one year +€441,333
up €441,333 (+1758.6%), from €25,096 to €466,429
of which Trade receivables: +€466,429
- Trade debts +€559,354
up €559,354 (+4191.3%), from €13,346 to €572,700
- Tax, wage and social debts +€276,825
up €276,825 (+1036.6%), from €26,704 to €303,529
- Profit (loss) carried forward +€127,043
new in 2025: €127,043
- Gross operating margin +€155,003
up €155,003 (+143.3%), from €108,172 to €263,175
- Other operating charges +€79,341
up €79,341 (+810.0%), from €9,795 to €89,136
- Taxes +€31,952
up €31,952 (+296.9%), from €10,762 to €42,714
- Staff costs -€19,668
down €19,668 (-93.6%), from €21,008 to €1,340
- Financial charges -€5,813
down €5,813 (-75.8%), from €7,669 to €1,856
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 | €80,317 | €1,043,539 | +€963,222 | +1199.3% |
| Fixed assets | 21/28 | €4,042 | €2,957 | -€1,085 | -26.9% |
| Tangible fixed assets | 22/27 | €4,042 | €2,957 | -€1,085 | -26.9% |
| Plant, machinery and equipment | 23 | €437 | €252 | -€185 | -42.4% |
| Furniture and vehicles | 24 | €3,605 | €2,705 | -€900 | -25.0% |
| Current assets | 29/58 | €76,274 | €1,040,582 | +€964,308 | +1264.3% |
| Amounts receivable within one year | 40/41 | €25,096 | €466,429 | +€441,333 | +1758.6% |
| Trade receivables | 40 | - | €466,429 | +€466,429 | |
| Other amounts receivable | 41 | €25,096 | - | -€25,096 | |
| Cash at bank and in hand | 54/58 | €51,178 | €574,153 | +€522,975 | +1021.9% |
| Total equity and liabilities | 10/49 | €80,317 | €1,043,539 | +€963,222 | +1199.3% |
| Equity | 10/15 | €40,267 | €167,310 | +€127,043 | +315.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €38,267 | €38,267 | +€0 | 0.0% |
| Distributable reserves | 133 | €38,267 | €38,267 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | - | €127,043 | +€127,043 | |
| Amounts payable | 17/49 | €40,050 | €876,229 | +€836,179 | +2087.9% |
| Amounts payable within one year | 42/48 | €40,050 | €876,229 | +€836,179 | +2087.9% |
| Trade debts | 44 | €13,346 | €572,700 | +€559,354 | +4191.3% |
| Suppliers | 440/4 | €13,346 | €572,700 | +€559,354 | +4191.3% |
| Taxes, remuneration and social security | 45 | €26,704 | €303,529 | +€276,825 | +1036.6% |
| Taxes | 450/3 | €26,704 | €303,529 | +€276,825 | +1036.6% |
| Remuneration, social security and pensions | 62 | €21,008 | €1,340 | -€19,668 | -93.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,014 | €1,086 | +€72 | +7.1% |
| Other operating charges | 640/8 | €9,795 | €89,136 | +€79,341 | +810.0% |
| Gross operating margin | 9900 | €108,172 | €263,175 | +€155,003 | +143.3% |
| Operating profit (loss) | 9901 | €76,355 | €171,613 | +€95,258 | +124.8% |
| Financial income | 75/76B | €4 | - | -€4 | |
| Recurring financial income | 75 | €4 | - | -€4 | |
| Financial charges | 65/66B | €7,669 | €1,856 | -€5,813 | -75.8% |
| Recurring financial charges | 65 | €7,669 | €1,856 | -€5,813 | -75.8% |
| Profit (loss) for the period before taxes | 9903 | €68,691 | €169,757 | +€101,066 | +147.1% |
| Income taxes | 67/77 | €10,762 | €42,714 | +€31,952 | +296.9% |
| Profit (loss) for the period | 9904 | €57,928 | €127,043 | +€69,115 | +119.3% |
| Profit (loss) for the period to be appropriated | 9905 | €57,928 | €127,043 | +€69,115 | +119.3% |
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 30 September 2026 via checked.be.