MATERCO: 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.
MATERCO
Largest movements
- Cash +€50,647
up €50,647 (+48.2%), from €105,105 to €155,752
mainly Net result for the year (+€60,543) and Other debts (+€2,904)
- Current investments +€15,423
up €15,423 (+30.7%), from €50,289 to €65,711
- Reserves +€60,500
up €60,500 (+16.0%), from €377,001 to €437,501
- Financial charges -€17,600
down €17,600, from €2,222 to -€15,378
- Financial income +€6,761
up €6,761 (+12.6%), from €53,575 to €60,336
- Taxes +€2,105
up €2,105 (+53.4%), from €3,945 to €6,050
- Gross operating margin -€1,146
down €1,146 (-17.9%), from -€6,405 to -€7,551
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.
Derived cash bridge
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 | €1,067,655 | €1,133,263 | +€65,607 | +6.1% |
| Fixed assets | 21/28 | €911,799 | €911,799 | = | 0.0% |
| Financial fixed assets | 28 | €911,799 | €911,799 | = | 0.0% |
| Current assets | 29/58 | €155,856 | €221,464 | +€65,607 | +42.1% |
| Amounts receivable within one year | 40/41 | €462 | - | -€462 | |
| Other amounts receivable | 41 | €462 | - | -€462 | |
| Current investments | 50/53 | €50,289 | €65,711 | +€15,423 | +30.7% |
| Cash at bank and in hand | 54/58 | €105,105 | €155,752 | +€50,647 | +48.2% |
| Total equity and liabilities | 10/49 | €1,067,655 | €1,133,263 | +€65,607 | +6.1% |
| Equity | 10/15 | €1,061,683 | €1,122,226 | +€60,543 | +5.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €377,001 | €437,501 | +€60,500 | +16.0% |
| Distributable reserves | 133 | €377,001 | €437,501 | +€60,500 | +16.0% |
| Profit (loss) carried forward | 14 | €678,482 | €678,525 | +€43 | 0.0% |
| Amounts payable | 17/49 | €5,972 | €11,036 | +€5,064 | +84.8% |
| Amounts payable within one year | 42/48 | €5,972 | €11,036 | +€5,064 | +84.8% |
| Trade debts | 44 | - | €55 | +€55 | |
| Suppliers | 440/4 | - | €55 | +€55 | |
| Taxes, remuneration and social security | 45 | €3,945 | €6,050 | +€2,105 | +53.4% |
| Taxes | 450/3 | €3,945 | €6,050 | +€2,105 | +53.4% |
| Other amounts payable | 47/48 | €2,027 | €4,931 | +€2,904 | +143% |
| Other operating charges | 640/8 | €1,544 | €1,570 | +€27 | +1.7% |
| Gross operating margin | 9900 | -€6,405 | -€7,551 | -€1,146 | -17.9% |
| Operating profit (loss) | 9901 | -€7,949 | -€9,121 | -€1,173 | -14.8% |
| Financial income | 75/76B | €53,575 | €60,336 | +€6,761 | +12.6% |
| Recurring financial income | 75 | €53,575 | €60,336 | +€6,761 | +12.6% |
| Financial charges | 65/66B | €2,222 | -€15,378 | -€17,600 | |
| Recurring financial charges | 65 | €2,222 | -€15,378 | -€17,600 | |
| Profit (loss) for the period before taxes | 9903 | €43,405 | €66,593 | +€23,188 | +53.4% |
| Income taxes | 67/77 | €3,945 | €6,050 | +€2,105 | +53.4% |
| Profit (loss) for the period | 9904 | €39,460 | €60,543 | +€21,083 | +53.4% |
| Profit (loss) for the period to be appropriated | 9905 | €39,460 | €60,543 | +€21,083 | +53.4% |
Source: filed annual accounts (NBB), financial years ended 31 July 2024 and 31 July 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.