MATELI: 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.
MATELI
Largest movements
- Receivables within one year -€7,095
down €7,095 (-81.4%), from €8,714 to €1,619
of which Other amounts receivable: -€8,698
- Cash +€2,124
up €2,124 (+45.0%), from €4,717 to €6,841
mainly Receivables within one year (+€7,095) and Other debts (+€5,690)
- Deferred charges and accrued income -€695
down €695 (-42.0%), from €1,655 to €960
- Tangible fixed assets -€565
down €565 (-37.2%), from €1,519 to €954
- Profit (loss) carried forward -€11,451
new in 2025: -€11,451
- Other debts +€5,690
new in 2025: €5,690
- Tax, wage and social debts -€1,857
down €1,857 (-19.0%), from €9,783 to €7,926
of which Taxes: -€1,457
- Trade debts +€976
up €976 (+1777.8%), from €55 to €1,030
- Accrued charges and deferred income +€412
new in 2025: €412
- Gross operating margin +€15,266
up €15,266 (+62.4%), from -€24,448 to -€9,183
- Financial income -€710
down €710 (-100.0%), from €710 to €0
- Other operating charges +€561
up €561 (+217.2%), from €258 to €819
- Financial charges -€294
down €294 (-28.4%), from €1,034 to €741
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 | €16,605 | €10,374 | -€6,232 | -37.5% |
| Fixed assets | 21/28 | €1,519 | €954 | -€565 | -37.2% |
| Tangible fixed assets | 22/27 | €1,519 | €954 | -€565 | -37.2% |
| Furniture and vehicles | 24 | €1,519 | €954 | -€565 | -37.2% |
| Current assets | 29/58 | €15,086 | €9,419 | -€5,666 | -37.6% |
| Amounts receivable within one year | 40/41 | €8,714 | €1,619 | -€7,095 | -81.4% |
| Trade receivables | 40 | - | €1,603 | +€1,603 | |
| Other amounts receivable | 41 | €8,714 | €16 | -€8,698 | -99.8% |
| Cash at bank and in hand | 54/58 | €4,717 | €6,841 | +€2,124 | +45.0% |
| Deferred charges and accrued income | 490/1 | €1,655 | €960 | -€695 | -42.0% |
| Total equity and liabilities | 10/49 | €16,605 | €10,374 | -€6,232 | -37.5% |
| Equity | 10/15 | €6,767 | -€4,684 | -€11,451 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €1,767 | €1,767 | = | 0.0% |
| Distributable reserves | 133 | €1,767 | €1,767 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€11,451 | -€11,451 | |
| Amounts payable | 17/49 | €9,838 | €15,058 | +€5,220 | +53.1% |
| Amounts payable within one year | 42/48 | €9,838 | €14,646 | +€4,808 | +48.9% |
| Trade debts | 44 | €55 | €1,030 | +€976 | +1777.8% |
| Suppliers | 440/4 | €55 | €1,030 | +€976 | +1777.8% |
| Taxes, remuneration and social security | 45 | €9,783 | €7,926 | -€1,857 | -19.0% |
| Taxes | 450/3 | €7,783 | €6,326 | -€1,457 | -18.7% |
| Remuneration and social security | 454/9 | €2,000 | €1,600 | -€400 | -20.0% |
| Other amounts payable | 47/48 | - | €5,690 | +€5,690 | |
| Accrued charges and deferred income | 492/3 | - | €412 | +€412 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €789 | €565 | -€224 | -28.4% |
| Other operating charges | 640/8 | €258 | €819 | +€561 | +217.2% |
| Gross operating margin | 9900 | -€24,448 | -€9,183 | +€15,266 | +62.4% |
| Operating profit (loss) | 9901 | -€25,496 | -€10,567 | +€14,929 | +58.6% |
| Financial income | 75/76B | €710 | €0 | -€710 | -100.0% |
| Recurring financial income | 75 | €710 | €0 | -€710 | -100.0% |
| Financial charges | 65/66B | €1,034 | €741 | -€294 | -28.4% |
| Recurring financial charges | 65 | €1,034 | €741 | -€294 | -28.4% |
| Profit (loss) for the period before taxes | 9903 | -€25,820 | -€11,307 | +€14,513 | +56.2% |
| Income taxes | 67/77 | €140 | €144 | +€4 | +3.1% |
| Profit (loss) for the period | 9904 | -€25,959 | -€11,451 | +€14,508 | +55.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€25,959 | -€11,451 | +€14,508 | +55.9% |
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 12 October 2026 via checked.be.