Matermaco: 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.
What changed
Matermaco
NACE 46.620, Wholesale of machine tools
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€145,246
2024 · €260,453-€115,207
Equity
€2.3m
2024 · €2.2m+€145,246
Cash
€16,877
2024 · €95,839-€78,961
Balance sheet total
€7.0m
2024 · €7.7m-€718,931
Largest movements
Assets
- Receivables within one year -€2.5m
down €2.5m (-54.9%), from €4.6m to €2.1m
of which Other amounts receivable: -€2.1m
- Financial fixed assets +€2.1m
up €2.1m (+6417.0%), from €32,348 to €2.1m
of which Affiliated companies: +€2.1m
- Stocks and contracts -€170,245
down €170,245 (-6.0%), from €2.8m to €2.7m
- Cash -€78,961
down €78,961 (-82.4%), from €95,839 to €16,877
mainly Investment in fixed assets (net) (-€2.1m) and Short-term financial debts (-€861,099)
Equity and liabilities
- Short-term financial debts -€861,099
down €861,099 (-56.7%), from €1.5m to €657,812
- Other debts +€377,785
up €377,785 (+18.3%), from €2.1m to €2.4m
- Trade debts -€286,693
down €286,693 (-15.5%), from €1.9m to €1.6m
- Profit (loss) carried forward +€145,246
up €145,246 (+2.5%), from -€5.7m to -€5.6m
- Tax, wage and social debts -€94,170
down €94,170 (-80.2%), from €117,393 to €23,223
of which Taxes: -€82,359
Income statement
- Turnover -€2.1m
down €2.1m (-27.0%), from €7.9m to €5.7m
- Goods and materials -€1.5m
down €1.5m (-25.4%), from €5.9m to €4.4m
of which Purchases: -€954,706
- Financial income +€274,957
up €274,957 (+44086.3%), from €624 to €275,581
- Staff costs -€120,473
down €120,473 (-29.5%), from €409,028 to €288,556
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.
Result 2024
€260,453
Turnover
-€2.1m
Other operating income
-€2,261
Goods and materials
+€1.5m
Services and other goods
+€67,562
Staff costs
+€120,473
Depreciation
+€8,613
Write-downs
-€16,642
Other operating charges
+€22,121
Other operating items
+€15,713
Financial income
+€274,957
Financial charges
+€25,066
Taxes
-€533
Result 2025
€145,246
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.
From operations
+€2.9m
Investment
-€2.1m
Financing
-€861,099
Cash 2024
€95,839
From operations (derived)
+€2.9m
Net result for the year
+€145,246
Depreciation
+€16,452
Stocks and contracts
+€170,245
Receivables within one year
+€2.5m
Deferred charges and accrued income
-€4,681
Trade debts
-€286,693
Tax, wage and social debts
-€94,170
Other debts
+€377,785
Investment (derived)
-€2.1m
Investment in fixed assets (net)
-€2.1m
Financing
-€861,099
Short-term financial debts
-€861,099
Cash 2025
€16,877
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,710,573 | €6,991,642 | -€718,931 | -9.3% |
| Fixed assets | 21/28 | €130,257 | €2,197,714 | +€2.1m | +1587.2% |
| Intangible fixed assets | 21 | - | €4,720 | +€4,720 | |
| Tangible fixed assets | 22/27 | €97,909 | €84,896 | -€13,013 | -13.3% |
| Land and buildings | 22 | €11,857 | €8,214 | -€3,644 | -30.7% |
| Plant, machinery and equipment | 23 | €82,053 | €74,609 | -€7,443 | -9.1% |
| Furniture and vehicles | 24 | €3,999 | €2,073 | -€1,926 | -48.2% |
| Financial fixed assets | 28 | €32,348 | €2,108,098 | +€2.1m | +6417.0% |
| Affiliated companies | 280/1 | - | €2,075,750 | +€2.1m | |
| Amounts receivable | 281 | - | €2,075,750 | +€2.1m | |
| Other financial fixed assets | 284/8 | €32,348 | €32,348 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €32,348 | €32,348 | = | 0.0% |
| Current assets | 29/58 | €7,580,316 | €4,793,928 | -€2.8m | -36.8% |
| Stocks and contracts in progress | 3 | €2,848,595 | €2,678,350 | -€170,245 | -6.0% |
| Stocks | 30/36 | €2,848,595 | €2,678,350 | -€170,245 | -6.0% |
| Goods purchased for resale | 34 | €2,848,595 | €2,678,350 | -€170,245 | -6.0% |
| Amounts receivable within one year | 40/41 | €4,629,468 | €2,087,606 | -€2.5m | -54.9% |
| Trade receivables | 40 | €2,470,425 | €2,033,306 | -€437,119 | -17.7% |
| Other amounts receivable | 41 | €2,159,044 | €54,300 | -€2.1m | -97.5% |
| Cash at bank and in hand | 54/58 | €95,839 | €16,877 | -€78,961 | -82.4% |
| Deferred charges and accrued income | 490/1 | €6,414 | €11,096 | +€4,681 | +73.0% |
| Total equity and liabilities | 10/49 | €7,710,573 | €6,991,642 | -€718,931 | -9.3% |
| Equity | 10/15 | €2,160,825 | €2,306,072 | +€145,246 | +6.7% |
| Contributions | 10/11 | €6,917,467 | €6,917,467 | = | 0.0% |
| Capital | 10 | €6,917,467 | €6,917,467 | = | 0.0% |
| Issued capital | 100 | €6,917,467 | €6,917,467 | = | 0.0% |
| Reserves | 13 | €943,500 | €943,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €314,347 | €314,347 | = | 0.0% |
| Legal reserve | 130 | €314,347 | €314,347 | = | 0.0% |
| Distributable reserves | 133 | €629,154 | €629,154 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,700,142 | -€5,554,896 | +€145,246 | +2.5% |
| Amounts payable | 17/49 | €5,549,747 | €4,685,570 | -€864,177 | -15.6% |
| Amounts payable within one year | 42/48 | €5,549,747 | €4,685,570 | -€864,177 | -15.6% |
| Financial debts | 43 | €1,518,911 | €657,812 | -€861,099 | -56.7% |
| Credit institutions | 430/8 | €1,518,911 | €657,812 | -€861,099 | -56.7% |
| Trade debts | 44 | €1,851,647 | €1,564,954 | -€286,693 | -15.5% |
| Suppliers | 440/4 | €1,851,647 | €1,564,954 | -€286,693 | -15.5% |
| Taxes, remuneration and social security | 45 | €117,393 | €23,223 | -€94,170 | -80.2% |
| Taxes | 450/3 | €83,802 | €1,443 | -€82,359 | -98.3% |
| Remuneration and social security | 454/9 | €33,591 | €21,780 | -€11,811 | -35.2% |
| Other amounts payable | 47/48 | €2,061,797 | €2,439,582 | +€377,785 | +18.3% |
| Operating income | 70/76A | €7,874,559 | €5,748,754 | -€2.1m | -27.0% |
| Turnover | 70 | €7,868,650 | €5,745,241 | -€2.1m | -27.0% |
| Other operating income | 74 | €5,774 | €3,513 | -€2,261 | -39.2% |
| Non-recurring operating income | 76A | €136 | - | -€136 | |
| Operating charges | 60/66A | €7,523,485 | €5,812,377 | -€1.7m | -22.7% |
| Goods for resale, raw materials and consumables | 60 | €5,889,891 | €4,396,758 | -€1.5m | -25.4% |
| Purchases | 600/8 | €5,269,399 | €4,314,693 | -€954,706 | -18.1% |
| Change in stocks: decrease (increase) | 609 | €620,492 | €82,065 | -€538,427 | -86.8% |
| Services and other goods | 61 | €1,216,912 | €1,149,350 | -€67,562 | -5.6% |
| Remuneration, social security and pensions | 62 | €409,028 | €288,556 | -€120,473 | -29.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,064 | €16,452 | -€8,613 | -34.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€73,661 | -€57,020 | +€16,642 | +22.6% |
| Other operating charges | 640/8 | €40,402 | €18,281 | -€22,121 | -54.8% |
| Non-recurring operating charges | 66A | €15,849 | - | -€15,849 | |
| Operating profit (loss) | 9901 | €351,074 | -€63,623 | -€414,697 | |
| Financial income | 75/76B | €624 | €275,581 | +€274,957 | +44086.3% |
| Recurring financial income | 75 | €624 | €275,581 | +€274,957 | +44086.3% |
| Income from financial fixed assets | 750 | - | €275,581 | +€275,581 | |
| Other financial income | 752/9 | €624 | - | -€624 | |
| Financial charges | 65/66B | €88,970 | €63,903 | -€25,066 | -28.2% |
| Recurring financial charges | 65 | €88,970 | €63,903 | -€25,066 | -28.2% |
| Debt charges | 650 | €49,291 | €46,145 | -€3,146 | -6.4% |
| Other financial charges | 652/9 | €39,679 | €17,759 | -€21,921 | -55.2% |
| Profit (loss) for the period before taxes | 9903 | €262,728 | €148,055 | -€114,673 | -43.6% |
| Income taxes | 67/77 | €2,275 | €2,809 | +€533 | +23.4% |
| Taxes | 670/3 | €2,275 | €2,809 | +€533 | +23.4% |
| Profit (loss) for the period | 9904 | €260,453 | €145,246 | -€115,207 | -44.2% |
| Profit (loss) for the period to be appropriated | 9905 | €260,453 | €145,246 | -€115,207 | -44.2% |
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 2 October 2026 via checked.be.