MATERHIVE: 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.
MATERHIVE
Largest movements
- Cash +€2,961
up €2,961 (+155.1%), from €1,909 to €4,870
mainly Net result for the year (+€3,192) and Tax, wage and social debts (+€1,058)
- Profit (loss) carried forward +€3,192
up €3,192 (+68.0%), from €4,695 to €7,887
- Trade debts -€1,336
down €1,336 (-86.6%), from €1,543 to €207
- Tax, wage and social debts +€1,058
up €1,058 (+16.6%), from €6,386 to €7,445
- Gross operating margin +€2,881
up €2,881 (+103.7%), from €2,779 to €5,660
- Taxes +€870
up €870 (+69.2%), from €1,257 to €2,127
- Financial charges -€165
down €165 (-32.6%), from €506 to €341
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 | €15,624 | €18,539 | +€2,914 | +18.7% |
| Fixed assets | 21/28 | €6,500 | €6,500 | = | 0.0% |
| Financial fixed assets | 28 | €6,500 | €6,500 | = | 0.0% |
| Current assets | 29/58 | €9,124 | €12,039 | +€2,914 | +31.9% |
| Amounts receivable within one year | 40/41 | €7,215 | €7,168 | -€47 | -0.6% |
| Trade receivables | 40 | €438 | - | -€438 | |
| Other amounts receivable | 41 | €6,777 | €7,168 | +€391 | +5.8% |
| Cash at bank and in hand | 54/58 | €1,909 | €4,870 | +€2,961 | +155.1% |
| Total equity and liabilities | 10/49 | €15,624 | €18,539 | +€2,914 | +18.7% |
| Equity | 10/15 | €7,695 | €10,887 | +€3,192 | +41.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,695 | €7,887 | +€3,192 | +68.0% |
| Amounts payable | 17/49 | €7,930 | €7,652 | -€278 | -3.5% |
| Amounts payable within one year | 42/48 | €7,930 | €7,652 | -€278 | -3.5% |
| Trade debts | 44 | €1,543 | €207 | -€1,336 | -86.6% |
| Suppliers | 440/4 | €1,543 | €207 | -€1,336 | -86.6% |
| Taxes, remuneration and social security | 45 | €6,386 | €7,445 | +€1,058 | +16.6% |
| Taxes | 450/3 | €6,386 | €7,445 | +€1,058 | +16.6% |
| Gross operating margin | 9900 | €2,779 | €5,660 | +€2,881 | +103.7% |
| Operating profit (loss) | 9901 | €2,779 | €5,660 | +€2,881 | +103.7% |
| Financial charges | 65/66B | €506 | €341 | -€165 | -32.6% |
| Recurring financial charges | 65 | €506 | €341 | -€165 | -32.6% |
| Profit (loss) for the period before taxes | 9903 | €2,273 | €5,319 | +€3,046 | +134.0% |
| Income taxes | 67/77 | €1,257 | €2,127 | +€870 | +69.2% |
| Profit (loss) for the period | 9904 | €1,016 | €3,192 | +€2,176 | +214.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,016 | €3,192 | +€2,176 | +214.0% |
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 6 October 2026 via checked.be.