MATERNE AGRI: what changed
MATERNE AGRI
Largest movements
- Receivables within one year +€55,501
up €55,501 (+97.6%), from €56,846 to €112,348
- Tangible fixed assets -€37,052
down €37,052 (-69.7%), from €53,154 to €16,102
of which Furniture and vehicles: -€34,552
- Cash -€7,414
down €7,414 (-57.0%), from €13,015 to €5,600
mainly Receivables within one year (-€55,501) and Contributions, distributions and other (-€32,000)
- Stocks and contracts +€1,544
new in 2025: €1,544
- Tax, wage and social debts +€16,365
up €16,365 (+88.6%), from €18,467 to €34,832
of which Taxes: +€17,815
- Trade debts +€15,568
up €15,568 (+47.9%), from €32,473 to €48,041
- Other debts -€9,699
down €9,699 (-23.0%), from €42,243 to €32,544
- Current portion of long-term debt -€9,697
down €9,697 (-66.5%), from €14,590 to €4,893
- Debts after one year -€4,893
no longer reported in 2025 (was €4,893)
- Gross operating margin +€10,988
up €10,988 (+15.5%), from €70,981 to €81,969
- Taxes +€5,798
up €5,798 (+90.0%), from €6,443 to €12,241
- Other operating charges -€3,170
down €3,170 (-67.1%), from €4,721 to €1,551
- Depreciation -€2,000
down €2,000 (-5.4%), from €37,052 to €35,052
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €126,585 | €138,418 | +€11,833 | +9.3% |
| Fixed assets | 21/28 | €53,154 | €16,102 | -€37,052 | -69.7% |
| Tangible fixed assets | 22/27 | €53,154 | €16,102 | -€37,052 | -69.7% |
| Plant, machinery and equipment | 23 | €15,384 | €12,884 | -€2,500 | -16.3% |
| Furniture and vehicles | 24 | €37,770 | €3,218 | -€34,552 | -91.5% |
| Current assets | 29/58 | €73,431 | €122,316 | +€48,885 | +66.6% |
| Stocks and contracts in progress | 3 | - | €1,544 | +€1,544 | |
| Stocks | 30/36 | - | €1,544 | +€1,544 | |
| Amounts receivable within one year | 40/41 | €56,846 | €112,348 | +€55,501 | +97.6% |
| Trade receivables | 40 | €56,846 | €112,348 | +€55,501 | +97.6% |
| Cash at bank and in hand | 54/58 | €13,015 | €5,600 | -€7,414 | -57.0% |
| Deferred charges and accrued income | 490/1 | €3,570 | €2,824 | -€746 | -20.9% |
| Total equity and liabilities | 10/49 | €126,585 | €138,418 | +€11,833 | +9.3% |
| Equity | 10/15 | €13,768 | €14,420 | +€651 | +4.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €8,700 | €8,700 | = | 0.0% |
| Distributable reserves | 133 | €8,700 | €8,700 | = | 0.0% |
| Profit (loss) carried forward | 14 | €68 | €720 | +€651 | +957% |
| Amounts payable | 17/49 | €112,817 | €123,998 | +€11,182 | +9.9% |
| Amounts payable after more than one year | 17 | €4,893 | - | -€4,893 | |
| Financial debts | 170/4 | €4,893 | - | -€4,893 | |
| Amounts payable within one year | 42/48 | €107,773 | €120,311 | +€12,537 | +11.6% |
| Current portion of amounts payable after more than one year | 42 | €14,590 | €4,893 | -€9,697 | -66.5% |
| Trade debts | 44 | €32,473 | €48,041 | +€15,568 | +47.9% |
| Suppliers | 440/4 | €32,473 | €48,041 | +€15,568 | +47.9% |
| Taxes, remuneration and social security | 45 | €18,467 | €34,832 | +€16,365 | +88.6% |
| Taxes | 450/3 | €17,017 | €34,832 | +€17,815 | +105% |
| Remuneration and social security | 454/9 | €1,450 | - | -€1,450 | |
| Other amounts payable | 47/48 | €42,243 | €32,544 | -€9,699 | -23.0% |
| Accrued charges and deferred income | 492/3 | €150 | €3,688 | +€3,538 | +2,358% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,052 | €35,052 | -€2,000 | -5.4% |
| Other operating charges | 640/8 | €4,721 | €1,551 | -€3,170 | -67.1% |
| Gross operating margin | 9900 | €70,981 | €81,969 | +€10,988 | +15.5% |
| Operating profit (loss) | 9901 | €29,208 | €45,366 | +€16,157 | +55.3% |
| Financial charges | 65/66B | €680 | €473 | -€207 | -30.5% |
| Recurring financial charges | 65 | €680 | €473 | -€207 | -30.5% |
| Profit (loss) for the period before taxes | 9903 | €28,528 | €44,893 | +€16,365 | +57.4% |
| Income taxes | 67/77 | €6,443 | €12,241 | +€5,798 | +90.0% |
| Profit (loss) for the period | 9904 | €22,085 | €32,651 | +€10,566 | +47.8% |
| Profit (loss) for the period to be appropriated | 9905 | €22,085 | €32,651 | +€10,566 | +47.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.