MATELIA: 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.
MATELIA
Largest movements
- Tangible fixed assets -€15,353
down €15,353 (-25.5%), from €60,267 to €44,914
of which Other tangible fixed assets: -€9,670
- Cash +€2,382
new in 2024: €2,382
mainly Depreciation (+€15,353) and Trade debts (+€8,892)
- Debts after one year -€34,000
down €34,000 (-70.9%), from €47,950 to €13,950
- Trade debts +€8,892
up €8,892 (+14.3%), from €62,163 to €71,054
- Profit (loss) carried forward +€6,743
up €6,743 (+12.3%), from -€54,728 to -€47,985
- Current portion of long-term debt +€5,213
up €5,213 (+138%), from €3,787 to €9,000
- Short-term financial debts +€4,648
up €4,648 (+530%), from €876 to €5,525
- Gross operating margin +€37,565
up €37,565 (+16.7%), from €224,535 to €262,100
- Staff costs +€16,003
up €16,003 (+7.5%), from €212,496 to €228,499
From the 2023 result to the 2024 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.
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €119,564 | €105,597 | -€13,967 | -11.7% |
| Fixed assets | 21/28 | €60,267 | €44,914 | -€15,353 | -25.5% |
| Tangible fixed assets | 22/27 | €60,267 | €44,914 | -€15,353 | -25.5% |
| Plant, machinery and equipment | 23 | €12,521 | €9,214 | -€3,307 | -26.4% |
| Furniture and vehicles | 24 | €7,949 | €5,573 | -€2,376 | -29.9% |
| Other tangible fixed assets | 26 | €39,797 | €30,127 | -€9,670 | -24.3% |
| Current assets | 29/58 | €59,297 | €60,682 | +€1,386 | +2.3% |
| Stocks and contracts in progress | 3 | €58,300 | €58,300 | = | 0.0% |
| Stocks | 30/36 | €58,300 | €58,300 | = | 0.0% |
| Cash at bank and in hand | 54/58 | - | €2,382 | +€2,382 | |
| Deferred charges and accrued income | 490/1 | €997 | - | -€997 | |
| Total equity and liabilities | 10/49 | €119,564 | €105,597 | -€13,967 | -11.7% |
| Equity | 10/15 | -€46,668 | -€39,925 | +€6,743 | +14.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€54,728 | -€47,985 | +€6,743 | +12.3% |
| Amounts payable | 17/49 | €166,232 | €145,522 | -€20,710 | -12.5% |
| Amounts payable after more than one year | 17 | €47,950 | €13,950 | -€34,000 | -70.9% |
| Financial debts | 170/4 | €47,950 | €13,950 | -€34,000 | -70.9% |
| Amounts payable within one year | 42/48 | €114,215 | €131,400 | +€17,184 | +15.0% |
| Current portion of amounts payable after more than one year | 42 | €3,787 | €9,000 | +€5,213 | +138% |
| Financial debts | 43 | €876 | €5,525 | +€4,648 | +530% |
| Credit institutions | 430/8 | €876 | €5,525 | +€4,648 | +530% |
| Trade debts | 44 | €62,163 | €71,054 | +€8,892 | +14.3% |
| Suppliers | 440/4 | €62,163 | €71,054 | +€8,892 | +14.3% |
| Taxes, remuneration and social security | 45 | €47,389 | €42,829 | -€4,559 | -9.6% |
| Taxes | 450/3 | €31,815 | €25,501 | -€6,315 | -19.8% |
| Remuneration and social security | 454/9 | €15,573 | €17,329 | +€1,755 | +11.3% |
| Other amounts payable | 47/48 | - | €2,991 | +€2,991 | |
| Accrued charges and deferred income | 492/3 | €4,067 | €172 | -€3,895 | -95.8% |
| Remuneration, social security and pensions | 62 | €212,496 | €228,499 | +€16,003 | +7.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,622 | €15,353 | +€1,730 | +12.7% |
| Other operating charges | 640/8 | €1,040 | €3,336 | +€2,296 | +221% |
| Non-recurring operating charges | 66A | - | €6,615 | +€6,615 | |
| Gross operating margin | 9900 | €224,535 | €262,100 | +€37,565 | +16.7% |
| Operating profit (loss) | 9901 | -€2,624 | €8,298 | +€10,921 | |
| Financial income | 75/76B | €0 | €159 | +€158 | +51,116% |
| Recurring financial income | 75 | €0 | €159 | +€158 | +51,116% |
| Financial charges | 65/66B | €2,849 | €1,462 | -€1,387 | -48.7% |
| Recurring financial charges | 65 | €2,849 | €1,462 | -€1,387 | -48.7% |
| Profit (loss) for the period before taxes | 9903 | -€5,472 | €6,994 | +€12,467 | |
| Income taxes | 67/77 | €185 | €251 | +€66 | +35.7% |
| Profit (loss) for the period | 9904 | -€5,657 | €6,743 | +€12,400 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,657 | €6,743 | +€12,400 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.