MATEM-IS: 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.
MATEM-IS
Largest movements
- Cash +€33,723
up €33,723 (+37.3%), from €90,503 to €124,226
mainly Other debts (+€87,076) and Net result for the year (+€59,338)
- Receivables after one year -€10,800
no longer reported in 2025 (was €10,800)
- Tangible fixed assets +€9,442
up €9,442 (+50.2%), from €18,805 to €28,247
of which Plant, machinery and equipment: +€6,077
- Receivables within one year -€2,766
down €2,766 (-9.7%), from €28,479 to €25,713
of which Other amounts receivable: -€5,892
- Other debts +€87,076
up €87,076 (+134981.4%), from €65 to €87,141
- Profit (loss) carried forward -€76,074
down €76,074 (-92.1%), from €82,579 to €6,505
- Trade debts +€8,553
up €8,553 (+161.7%), from €5,290 to €13,843
- Tax, wage and social debts +€7,595
up €7,595 (+223.7%), from €3,396 to €10,991
of which Taxes: +€4,767
- Advances received +€2,025
new in 2025: €2,025
- Gross operating margin +€14,334
up €14,334 (+20.2%), from €71,051 to €85,386
- Depreciation +€4,904
up €4,904 (+108.1%), from €4,537 to €9,440
- Taxes +€1,704
up €1,704 (+12.2%), from €13,941 to €15,645
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 | €148,790 | €178,389 | +€29,599 | +19.9% |
| Fixed assets | 21/28 | €18,805 | €28,247 | +€9,442 | +50.2% |
| Tangible fixed assets | 22/27 | €18,805 | €28,247 | +€9,442 | +50.2% |
| Plant, machinery and equipment | 23 | €6,743 | €12,821 | +€6,077 | +90.1% |
| Furniture and vehicles | 24 | €12,061 | €15,426 | +€3,365 | +27.9% |
| Current assets | 29/58 | €129,985 | €150,142 | +€20,157 | +15.5% |
| Amounts receivable after more than one year | 29 | €10,800 | - | -€10,800 | |
| Other amounts receivable | 291 | €10,800 | - | -€10,800 | |
| Amounts receivable within one year | 40/41 | €28,479 | €25,713 | -€2,766 | -9.7% |
| Trade receivables | 40 | €22,262 | €25,387 | +€3,126 | +14.0% |
| Other amounts receivable | 41 | €6,218 | €326 | -€5,892 | -94.8% |
| Cash at bank and in hand | 54/58 | €90,503 | €124,226 | +€33,723 | +37.3% |
| Deferred charges and accrued income | 490/1 | €203 | €203 | = | 0.0% |
| Total equity and liabilities | 10/49 | €148,790 | €178,389 | +€29,599 | +19.9% |
| Equity | 10/15 | €140,039 | €63,965 | -€76,074 | -54.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €38,860 | €38,860 | = | 0.0% |
| Distributable reserves | 133 | €38,860 | €38,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €82,579 | €6,505 | -€76,074 | -92.1% |
| Amounts payable | 17/49 | €8,751 | €114,424 | +€105,674 | +1207.6% |
| Amounts payable within one year | 42/48 | €8,751 | €114,000 | +€105,250 | +1202.7% |
| Trade debts | 44 | €5,290 | €13,843 | +€8,553 | +161.7% |
| Suppliers | 440/4 | €5,290 | €13,843 | +€8,553 | +161.7% |
| Advances received on contracts in progress | 46 | - | €2,025 | +€2,025 | |
| Taxes, remuneration and social security | 45 | €3,396 | €10,991 | +€7,595 | +223.7% |
| Taxes | 450/3 | €3,396 | €8,163 | +€4,767 | +140.4% |
| Remuneration and social security | 454/9 | - | €2,828 | +€2,828 | |
| Other amounts payable | 47/48 | €65 | €87,141 | +€87,076 | +134981.4% |
| Accrued charges and deferred income | 492/3 | - | €424 | +€424 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,537 | €9,440 | +€4,904 | +108.1% |
| Other operating charges | 640/8 | €1,008 | €1,205 | +€197 | +19.6% |
| Gross operating margin | 9900 | €71,051 | €85,386 | +€14,334 | +20.2% |
| Operating profit (loss) | 9901 | €65,507 | €74,741 | +€9,233 | +14.1% |
| Financial income | 75/76B | €1,004 | €804 | -€200 | -20.0% |
| Recurring financial income | 75 | €1,004 | €804 | -€200 | -20.0% |
| Financial charges | 65/66B | €727 | €561 | -€166 | -22.8% |
| Recurring financial charges | 65 | €727 | €561 | -€166 | -22.8% |
| Profit (loss) for the period before taxes | 9903 | €65,785 | €74,984 | +€9,199 | +14.0% |
| Income taxes | 67/77 | €13,941 | €15,645 | +€1,704 | +12.2% |
| Profit (loss) for the period | 9904 | €51,843 | €59,338 | +€7,495 | +14.5% |
| Profit (loss) for the period to be appropriated | 9905 | €51,843 | €59,338 | +€7,495 | +14.5% |
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 8 October 2026 via checked.be.