MATEO: 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.
MATEO
Largest movements
- Receivables after one year -€8,341
no longer reported in 2025 (was €8,341)
- Cash +€1,739
up €1,739 (+510.5%), from €341 to €2,080
mainly Receivables after one year (+€8,341) and Trade debts (+€3,054)
- Receivables within one year +€1,376
up €1,376 (+175.0%), from €786 to €2,162
of which Trade receivables: +€2,158
- Profit (loss) carried forward -€7,227
down €7,227, from €3,916 to -€3,311
- Trade debts +€3,054
up €3,054 (+242.9%), from €1,257 to €4,311
- Tax, wage and social debts -€1,532
down €1,532 (-53.0%), from €2,893 to €1,361
- Other debts +€514
up €514 (+57.5%), from €893 to €1,407
- Gross operating margin -€7,703
down €7,703, from €1,589 to -€6,114
- Taxes -€1,077
down €1,077, from €1,052 to -€25
- Depreciation +€376
up €376 (+79.4%), from €473 to €849
- Financial income -€260
no longer reported in 2025 (was €260)
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 | €10,460 | €5,268 | -€5,192 | -49.6% |
| Fixed assets | 21/28 | €991 | €1,025 | +€34 | +3.4% |
| Tangible fixed assets | 22/27 | €991 | €1,025 | +€34 | +3.4% |
| Furniture and vehicles | 24 | €991 | €1,025 | +€34 | +3.4% |
| Current assets | 29/58 | €9,468 | €4,242 | -€5,226 | -55.2% |
| Amounts receivable after more than one year | 29 | €8,341 | - | -€8,341 | |
| Other amounts receivable | 291 | €8,341 | - | -€8,341 | |
| Amounts receivable within one year | 40/41 | €786 | €2,162 | +€1,376 | +175.0% |
| Trade receivables | 40 | - | €2,158 | +€2,158 | |
| Other amounts receivable | 41 | €786 | €4 | -€783 | -99.5% |
| Cash at bank and in hand | 54/58 | €341 | €2,080 | +€1,739 | +510.5% |
| Total equity and liabilities | 10/49 | €10,460 | €5,268 | -€5,192 | -49.6% |
| Equity | 10/15 | €5,416 | -€1,811 | -€7,227 | |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,916 | -€3,311 | -€7,227 | |
| Amounts payable | 17/49 | €5,043 | €7,078 | +€2,035 | +40.4% |
| Amounts payable within one year | 42/48 | €5,043 | €7,078 | +€2,035 | +40.4% |
| Trade debts | 44 | €1,257 | €4,311 | +€3,054 | +242.9% |
| Suppliers | 440/4 | €1,257 | €4,311 | +€3,054 | +242.9% |
| Taxes, remuneration and social security | 45 | €2,893 | €1,361 | -€1,532 | -53.0% |
| Taxes | 450/3 | €2,893 | €1,361 | -€1,532 | -53.0% |
| Other amounts payable | 47/48 | €893 | €1,407 | +€514 | +57.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €473 | €849 | +€376 | +79.4% |
| Other operating charges | 640/8 | €137 | €129 | -€8 | -5.6% |
| Gross operating margin | 9900 | €1,589 | -€6,114 | -€7,703 | |
| Operating profit (loss) | 9901 | €979 | -€7,092 | -€8,071 | |
| Financial income | 75/76B | €260 | - | -€260 | |
| Recurring financial income | 75 | €260 | - | -€260 | |
| Financial charges | 65/66B | €193 | €160 | -€33 | -17.3% |
| Recurring financial charges | 65 | €193 | €160 | -€33 | -17.3% |
| Profit (loss) for the period before taxes | 9903 | €1,046 | -€7,252 | -€8,297 | |
| Income taxes | 67/77 | €1,052 | -€25 | -€1,077 | |
| Profit (loss) for the period | 9904 | -€7 | -€7,227 | -€7,221 | -110747.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€7 | -€7,227 | -€7,221 | -110747.4% |
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.