MATELLA: 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.
MATELLA
Largest movements
- Tangible fixed assets -€23,148
down €23,148 (-18.7%), from €123,959 to €100,811
of which Furniture and vehicles: -€11,586
- Receivables within one year -€13,712
down €13,712 (-86.5%), from €15,861 to €2,149
of which Other amounts receivable: -€7,010
- Cash +€11,851
up €11,851 (+27.3%), from €43,477 to €55,328
mainly Depreciation (+€27,771) and Receivables within one year (+€13,712)
- Debts after one year -€22,233
down €22,233 (-33.4%), from €66,594 to €44,361
- Reserves -€15,800
down €15,800 (-14.9%), from €105,758 to €89,958
of which Distributable reserves: -€15,800
- Other debts +€10,852
new in 2025: €10,852
- Trade debts +€2,805
up €2,805 (+52.2%), from €5,371 to €8,177
- Gross operating margin +€6,589
up €6,589 (+14.2%), from €46,418 to €53,008
- Taxes +€1,271
up €1,271 (+24.2%), from €5,252 to €6,523
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 | €225,633 | €200,155 | -€25,478 | -11.3% |
| Fixed assets | 21/28 | €123,959 | €100,811 | -€23,148 | -18.7% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €123,959 | €100,811 | -€23,148 | -18.7% |
| Land and buildings | 22 | €74,495 | €63,284 | -€11,211 | -15.0% |
| Plant, machinery and equipment | 23 | €15,908 | €15,557 | -€351 | -2.2% |
| Furniture and vehicles | 24 | €33,556 | €21,970 | -€11,586 | -34.5% |
| Current assets | 29/58 | €101,675 | €99,345 | -€2,330 | -2.3% |
| Amounts receivable after more than one year | 29 | €28,000 | €28,000 | = | 0.0% |
| Other amounts receivable | 291 | €28,000 | €28,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €12,400 | €12,200 | -€200 | -1.6% |
| Stocks | 30/36 | €5,400 | €5,700 | +€300 | +5.6% |
| Contracts in progress | 37 | €7,000 | €6,500 | -€500 | -7.1% |
| Amounts receivable within one year | 40/41 | €15,861 | €2,149 | -€13,712 | -86.5% |
| Trade receivables | 40 | €7,874 | €1,172 | -€6,702 | -85.1% |
| Other amounts receivable | 41 | €7,987 | €977 | -€7,010 | -87.8% |
| Cash at bank and in hand | 54/58 | €43,477 | €55,328 | +€11,851 | +27.3% |
| Deferred charges and accrued income | 490/1 | €1,937 | €1,668 | -€268 | -13.9% |
| Total equity and liabilities | 10/49 | €225,633 | €200,155 | -€25,478 | -11.3% |
| Equity | 10/15 | €124,358 | €108,558 | -€15,800 | -12.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €105,758 | €89,958 | -€15,800 | -14.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €103,898 | €88,098 | -€15,800 | -15.2% |
| Amounts payable | 17/49 | €101,275 | €91,597 | -€9,678 | -9.6% |
| Amounts payable after more than one year | 17 | €66,594 | €44,361 | -€22,233 | -33.4% |
| Financial debts | 170/4 | €66,594 | €44,361 | -€22,233 | -33.4% |
| Amounts payable within one year | 42/48 | €34,616 | €47,211 | +€12,595 | +36.4% |
| Current portion of amounts payable after more than one year | 42 | €23,000 | €23,922 | +€922 | +4.0% |
| Trade debts | 44 | €5,371 | €8,177 | +€2,805 | +52.2% |
| Suppliers | 440/4 | €5,371 | €8,177 | +€2,805 | +52.2% |
| Taxes, remuneration and social security | 45 | €6,245 | €4,260 | -€1,984 | -31.8% |
| Taxes | 450/3 | €6,245 | €4,260 | -€1,984 | -31.8% |
| Other amounts payable | 47/48 | - | €10,852 | +€10,852 | |
| Accrued charges and deferred income | 492/3 | €65 | €25 | -€40 | -61.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,382 | €27,771 | +€389 | +1.4% |
| Other operating charges | 640/8 | €2,503 | €2,579 | +€76 | +3.0% |
| Gross operating margin | 9900 | €46,418 | €53,008 | +€6,589 | +14.2% |
| Operating profit (loss) | 9901 | €16,533 | €22,657 | +€6,124 | +37.0% |
| Financial income | 75/76B | €900 | €1,054 | +€154 | +17.1% |
| Recurring financial income | 75 | €900 | €1,054 | +€154 | +17.1% |
| Financial charges | 65/66B | €3,237 | €3,499 | +€262 | +8.1% |
| Recurring financial charges | 65 | €3,237 | €3,499 | +€262 | +8.1% |
| Profit (loss) for the period before taxes | 9903 | €14,197 | €20,213 | +€6,017 | +42.4% |
| Income taxes | 67/77 | €5,252 | €6,523 | +€1,271 | +24.2% |
| Profit (loss) for the period | 9904 | €8,945 | €13,690 | +€4,745 | +53.1% |
| Profit (loss) for the period to be appropriated | 9905 | €8,945 | €13,690 | +€4,745 | +53.1% |
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 4 October 2026 via checked.be.