MATEOL: 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.
MATEOL
Largest movements
- Receivables within one year +€14,388
up €14,388 (+1365.4%), from €1,054 to €15,442
of which Trade receivables: +€10,774
- Tangible fixed assets +€13,905
up €13,905 (+3.8%), from €368,003 to €381,908
of which Other tangible fixed assets: +€33,905
- Profit (loss) carried forward +€19,329
up €19,329 (+404.7%), from €4,776 to €24,105
- Other debts +€7,243
up €7,243 (+2.0%), from €361,743 to €368,986
- Tax, wage and social debts +€4,839
up €4,839 (+377.6%), from €1,282 to €6,120
- Depreciation -€9,385
down €9,385 (-29.3%), from €31,997 to €22,611
- Gross operating margin +€8,366
up €8,366 (+21.6%), from €38,641 to €47,007
- Taxes +€3,557
up €3,557 (+277.6%), from €1,282 to €4,839
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 | €374,189 | €405,942 | +€31,752 | +8.5% |
| Fixed assets | 21/28 | €368,003 | €381,908 | +€13,905 | +3.8% |
| Tangible fixed assets | 22/27 | €368,003 | €381,908 | +€13,905 | +3.8% |
| Furniture and vehicles | 24 | €368,003 | €348,003 | -€20,000 | -5.4% |
| Other tangible fixed assets | 26 | - | €33,905 | +€33,905 | |
| Current assets | 29/58 | €6,186 | €24,034 | +€17,848 | +288.5% |
| Amounts receivable within one year | 40/41 | €1,054 | €15,442 | +€14,388 | +1365.4% |
| Trade receivables | 40 | - | €10,774 | +€10,774 | |
| Other amounts receivable | 41 | €1,054 | €4,668 | +€3,615 | +343.0% |
| Cash at bank and in hand | 54/58 | €5,076 | €8,592 | +€3,516 | +69.3% |
| Deferred charges and accrued income | 490/1 | €57 | €0 | -€57 | -100.0% |
| Total equity and liabilities | 10/49 | €374,189 | €405,942 | +€31,752 | +8.5% |
| Equity | 10/15 | €9,776 | €29,105 | +€19,329 | +197.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,776 | €24,105 | +€19,329 | +404.7% |
| Amounts payable | 17/49 | €364,413 | €376,836 | +€12,423 | +3.4% |
| Amounts payable within one year | 42/48 | €364,413 | €376,836 | +€12,423 | +3.4% |
| Trade debts | 44 | €1,388 | €1,730 | +€341 | +24.6% |
| Suppliers | 440/4 | €1,388 | €1,730 | +€341 | +24.6% |
| Taxes, remuneration and social security | 45 | €1,282 | €6,120 | +€4,839 | +377.6% |
| Taxes | 450/3 | €1,282 | €6,120 | +€4,839 | +377.6% |
| Other amounts payable | 47/48 | €361,743 | €368,986 | +€7,243 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,997 | €22,611 | -€9,385 | -29.3% |
| Other operating charges | 640/8 | €525 | €66 | -€460 | -87.5% |
| Gross operating margin | 9900 | €38,641 | €47,007 | +€8,366 | +21.6% |
| Operating profit (loss) | 9901 | €6,119 | €24,330 | +€18,211 | +297.6% |
| Financial charges | 65/66B | €61 | €162 | +€101 | +164.7% |
| Recurring financial charges | 65 | €61 | €162 | +€101 | +164.7% |
| Profit (loss) for the period before taxes | 9903 | €6,058 | €24,168 | +€18,110 | +298.9% |
| Income taxes | 67/77 | €1,282 | €4,839 | +€3,557 | +277.6% |
| Profit (loss) for the period | 9904 | €4,776 | €19,329 | +€14,553 | +304.7% |
| Profit (loss) for the period to be appropriated | 9905 | €4,776 | €19,329 | +€14,553 | +304.7% |
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 28 September 2026 via checked.be.