MATERIS: 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.
MATERIS
Largest movements
- Receivables within one year +€130,195
up €130,195 (+72.3%), from €180,172 to €310,367
of which Trade receivables: +€117,940
- Deferred charges and accrued income +€18,444
up €18,444 (+6088.9%), from €303 to €18,747
- Tangible fixed assets +€3,476
new in 2024: €3,476
- Trade debts +€166,610
up €166,610 (+310.5%), from €53,651 to €220,261
- Tax, wage and social debts -€10,705
down €10,705 (-98.9%), from €10,820 to €115
- Staff costs +€102,127
new in 2024: €102,127
- Gross operating margin +€66,377
up €66,377 (+167.9%), from €39,530 to €105,907
- Taxes -€10,257
down €10,257 (-98.9%), from €10,372 to €115
- Depreciation -€7,806
down €7,806 (-89.7%), from €8,700 to €894
- Write-downs +€1,908
new in 2024: €1,908
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €184,283 | €337,696 | +€153,413 | +83.2% |
| Fixed assets | 21/28 | €803 | €3,634 | +€2,831 | +352.5% |
| Intangible fixed assets | 21 | €725 | - | -€725 | |
| Tangible fixed assets | 22/27 | - | €3,476 | +€3,476 | |
| Furniture and vehicles | 24 | - | €3,476 | +€3,476 | |
| Financial fixed assets | 28 | €78 | €158 | +€80 | +102.3% |
| Current assets | 29/58 | €183,480 | €334,062 | +€150,582 | +82.1% |
| Amounts receivable within one year | 40/41 | €180,172 | €310,367 | +€130,195 | +72.3% |
| Trade receivables | 40 | €176,431 | €294,371 | +€117,940 | +66.8% |
| Other amounts receivable | 41 | €3,742 | €15,996 | +€12,255 | +327.5% |
| Cash at bank and in hand | 54/58 | €3,004 | €4,948 | +€1,944 | +64.7% |
| Deferred charges and accrued income | 490/1 | €303 | €18,747 | +€18,444 | +6088.9% |
| Total equity and liabilities | 10/49 | €184,283 | €337,696 | +€153,413 | +83.2% |
| Equity | 10/15 | €95,762 | €96,068 | +€305 | +0.3% |
| Reserves | 13 | €60,792 | €60,792 | = | 0.0% |
| Distributable reserves | 133 | €60,792 | €60,792 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,971 | €35,276 | +€305 | +0.9% |
| Amounts payable | 17/49 | €88,520 | €241,628 | +€153,108 | +173.0% |
| Amounts payable after more than one year | 17 | €18,600 | €18,600 | = | 0.0% |
| Other amounts payable | 178/9 | €18,600 | €18,600 | = | 0.0% |
| Amounts payable within one year | 42/48 | €69,920 | €223,028 | +€153,108 | +219.0% |
| Trade debts | 44 | €53,651 | €220,261 | +€166,610 | +310.5% |
| Suppliers | 440/4 | €53,651 | €220,261 | +€166,610 | +310.5% |
| Taxes, remuneration and social security | 45 | €10,820 | €115 | -€10,705 | -98.9% |
| Taxes | 450/3 | €10,820 | €115 | -€10,705 | -98.9% |
| Other amounts payable | 47/48 | €5,449 | €2,653 | -€2,797 | -51.3% |
| Remuneration, social security and pensions | 62 | - | €102,127 | +€102,127 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,700 | €894 | -€7,806 | -89.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,908 | +€1,908 | |
| Other operating charges | 640/8 | €1,217 | €403 | -€814 | -66.9% |
| Gross operating margin | 9900 | €39,530 | €105,907 | +€66,377 | +167.9% |
| Operating profit (loss) | 9901 | €29,613 | €575 | -€29,038 | -98.1% |
| Financial income | 75/76B | €0 | €0 | +€0 | +1900.0% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +1900.0% |
| Financial charges | 65/66B | €180 | €156 | -€24 | -13.3% |
| Recurring financial charges | 65 | €180 | €156 | -€24 | -13.3% |
| Profit (loss) for the period before taxes | 9903 | €29,434 | €420 | -€29,014 | -98.6% |
| Income taxes | 67/77 | €10,372 | €115 | -€10,257 | -98.9% |
| Profit (loss) for the period | 9904 | €19,062 | €305 | -€18,757 | -98.4% |
| Profit (loss) for the period to be appropriated | 9905 | €19,062 | €305 | -€18,757 | -98.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.