Materia.be: 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.
Materia.be
Largest movements
- Cash +€217,410
up €217,410 (+274%), from €79,304 to €296,714
mainly Net result for the year (+€173,768) and Depreciation (+€104,577)
- Tangible fixed assets -€73,963
down €73,963 (-7.5%), from €984,340 to €910,377
of which Plant, machinery and equipment: -€68,968
- Receivables within one year +€55,225
up €55,225 (+41.8%), from €132,275 to €187,500
of which Trade receivables: +€92,812
- Profit (loss) carried forward +€89,568
up €89,568 (+15.0%), from €597,645 to €687,214
- Reserves +€84,200
up €84,200 (+26.9%), from €312,747 to €396,947
of which Distributable reserves: +€63,150
- Trade debts +€15,079
up €15,079 (+13.8%), from €109,394 to €124,473
- Turnover +€331,401
up €331,401 (+12.2%), from €2.7m to €3.1m
- Purchases and services +€244,393
up €244,393 (+11.0%), from €2.2m to €2.5m
- Gross operating margin +€101,173
up €101,173 (+19.6%), from €514,901 to €616,074
- Staff costs +€43,171
up €43,171 (+20.0%), from €215,779 to €258,950
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 | €1,200,590 | €1,403,366 | +€202,776 | +16.9% |
| Fixed assets | 21/28 | €984,842 | €910,878 | -€73,963 | -7.5% |
| Tangible fixed assets | 22/27 | €984,340 | €910,377 | -€73,963 | -7.5% |
| Plant, machinery and equipment | 23 | €943,566 | €874,598 | -€68,968 | -7.3% |
| Furniture and vehicles | 24 | €40,774 | €35,779 | -€4,995 | -12.3% |
| Financial fixed assets | 28 | €502 | €502 | = | 0.0% |
| Current assets | 29/58 | €215,748 | €492,487 | +€276,739 | +128% |
| Amounts receivable within one year | 40/41 | €132,275 | €187,500 | +€55,225 | +41.8% |
| Trade receivables | 40 | €78,698 | €171,509 | +€92,812 | +118% |
| Other amounts receivable | 41 | €53,577 | €15,990 | -€37,587 | -70.2% |
| Cash at bank and in hand | 54/58 | €79,304 | €296,714 | +€217,410 | +274% |
| Deferred charges and accrued income | 490/1 | €4,169 | €8,273 | +€4,104 | +98.4% |
| Total equity and liabilities | 10/49 | €1,200,590 | €1,403,366 | +€202,776 | +16.9% |
| Equity | 10/15 | €972,366 | €1,146,134 | +€173,768 | +17.9% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €312,747 | €396,947 | +€84,200 | +26.9% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Tax-exempt reserves | 132 | €231,550 | €252,600 | +€21,050 | +9.1% |
| Distributable reserves | 133 | €75,000 | €138,150 | +€63,150 | +84.2% |
| Profit (loss) carried forward | 14 | €597,645 | €687,214 | +€89,568 | +15.0% |
| Amounts payable | 17/49 | €228,224 | €257,231 | +€29,007 | +12.7% |
| Amounts payable within one year | 42/48 | €225,224 | €254,231 | +€29,007 | +12.9% |
| Trade debts | 44 | €109,394 | €124,473 | +€15,079 | +13.8% |
| Suppliers | 440/4 | €109,394 | €124,473 | +€15,079 | +13.8% |
| Advances received on contracts in progress | 46 | €71,740 | €70,122 | -€1,618 | -2.3% |
| Taxes, remuneration and social security | 45 | €26,606 | €37,152 | +€10,546 | +39.6% |
| Taxes | 450/3 | €0 | €6,123 | +€6,123 | |
| Remuneration and social security | 454/9 | €26,606 | €31,029 | +€4,423 | +16.6% |
| Other amounts payable | 47/48 | €17,484 | €22,484 | +€5,000 | +28.6% |
| Accrued charges and deferred income | 492/3 | €3,000 | €3,000 | = | 0.0% |
| Turnover | 70 | €2,724,436 | €3,055,837 | +€331,401 | +12.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €2,227,239 | €2,471,632 | +€244,393 | +11.0% |
| Remuneration, social security and pensions | 62 | €215,779 | €258,950 | +€43,171 | +20.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €96,508 | €104,577 | +€8,070 | +8.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €256 | €1,216 | +€960 | +375% |
| Other operating charges | 640/8 | €2,097 | €15,211 | +€13,114 | +626% |
| Gross operating margin | 9900 | €514,901 | €616,074 | +€101,173 | +19.6% |
| Operating profit (loss) | 9901 | €200,262 | €236,120 | +€35,858 | +17.9% |
| Financial income | 75/76B | €2,901 | €5,697 | +€2,796 | +96.4% |
| Recurring financial income | 75 | €2,901 | €5,697 | +€2,796 | +96.4% |
| Financial charges | 65/66B | €4,350 | €3,356 | -€993 | -22.8% |
| Recurring financial charges | 65 | €4,350 | €3,356 | -€993 | -22.8% |
| Profit (loss) for the period before taxes | 9903 | €198,813 | €238,461 | +€39,648 | +19.9% |
| Income taxes | 67/77 | €54,453 | €64,693 | +€10,240 | +18.8% |
| Profit (loss) for the period | 9904 | €144,361 | €173,768 | +€29,408 | +20.4% |
| Transfer from tax-exempt reserves | 789 | - | €63,150 | +€63,150 | |
| Transfer to tax-exempt reserves | 689 | €63,150 | €84,200 | +€21,050 | +33.3% |
| Profit (loss) for the period to be appropriated | 9905 | €81,211 | €152,718 | +€71,508 | +88.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.