Materné Daan: what changed
Materné Daan
Largest movements
- Receivables within one year -€17,705
down €17,705 (-54.7%), from €32,369 to €14,664
of which Trade receivables: -€21,044
- Cash -€4,197
down €4,197 (-85.8%), from €4,895 to €697
mainly Trade debts (-€30,535) and Deferred charges and accrued income (-€1,081)
- Deferred charges and accrued income +€1,081
up €1,081 (+211%), from €511 to €1,593
- Tangible fixed assets -€1,033
down €1,033 (-19.2%), from €5,385 to €4,352
of which Plant, machinery and equipment: -€713
- Trade debts -€30,535
down €30,535 (-90.9%), from €33,578 to €3,043
- Reserves +€7,020
up €7,020 (+1,415%), from €496 to €7,516
- Profit (loss) carried forward +€1,131
up €1,131, from -€1,131 to €0
- Tax, wage and social debts +€529
up €529 (+10.8%), from €4,918 to €5,447
of which Remuneration and social security: +€1,900
- Gross operating margin +€7,202
up €7,202 (+76.8%), from €9,372 to €16,573
- Taxes +€2,648
up €2,648 (+82.6%), from €3,205 to €5,853
- Other operating charges -€864
down €864 (-40.9%), from €2,115 to €1,251
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 | €44,060 | €22,206 | -€21,854 | -49.6% |
| Fixed assets | 21/28 | €6,285 | €5,252 | -€1,033 | -16.4% |
| Tangible fixed assets | 22/27 | €5,385 | €4,352 | -€1,033 | -19.2% |
| Plant, machinery and equipment | 23 | €3,928 | €3,216 | -€713 | -18.1% |
| Furniture and vehicles | 24 | €1,457 | €1,137 | -€320 | -22.0% |
| Financial fixed assets | 28 | €900 | €900 | = | 0.0% |
| Current assets | 29/58 | €37,775 | €16,954 | -€20,822 | -55.1% |
| Amounts receivable within one year | 40/41 | €32,369 | €14,664 | -€17,705 | -54.7% |
| Trade receivables | 40 | €32,336 | €11,293 | -€21,044 | -65.1% |
| Other amounts receivable | 41 | €33 | €3,371 | +€3,338 | +10,171% |
| Cash at bank and in hand | 54/58 | €4,895 | €697 | -€4,197 | -85.8% |
| Deferred charges and accrued income | 490/1 | €511 | €1,593 | +€1,081 | +211% |
| Total equity and liabilities | 10/49 | €44,060 | €22,206 | -€21,854 | -49.6% |
| Equity | 10/15 | €5,565 | €13,716 | +€8,151 | +146% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €496 | €7,516 | +€7,020 | +1,415% |
| Distributable reserves | 133 | €496 | €7,516 | +€7,020 | +1,415% |
| Profit (loss) carried forward | 14 | -€1,131 | €0 | +€1,131 | |
| Amounts payable | 17/49 | €38,496 | €8,490 | -€30,006 | -77.9% |
| Amounts payable within one year | 42/48 | €38,496 | €8,490 | -€30,006 | -77.9% |
| Trade debts | 44 | €33,578 | €3,043 | -€30,535 | -90.9% |
| Suppliers | 440/4 | €33,578 | €3,043 | -€30,535 | -90.9% |
| Taxes, remuneration and social security | 45 | €4,918 | €5,447 | +€529 | +10.8% |
| Taxes | 450/3 | €4,918 | €3,547 | -€1,371 | -27.9% |
| Remuneration and social security | 454/9 | €0 | €1,900 | +€1,900 | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,113 | €1,033 | -€80 | -7.2% |
| Other operating charges | 640/8 | €2,115 | €1,251 | -€864 | -40.9% |
| Gross operating margin | 9900 | €9,372 | €16,573 | +€7,202 | +76.8% |
| Operating profit (loss) | 9901 | €6,144 | €14,290 | +€8,146 | +133% |
| Financial income | 75/76B | €21 | €0 | -€21 | -100% |
| Recurring financial income | 75 | €21 | €0 | -€21 | -100% |
| Financial charges | 65/66B | €201 | €286 | +€85 | +42.1% |
| Recurring financial charges | 65 | €201 | €286 | +€85 | +42.1% |
| Profit (loss) for the period before taxes | 9903 | €5,964 | €14,004 | +€8,040 | +135% |
| Income taxes | 67/77 | €3,205 | €5,853 | +€2,648 | +82.6% |
| Profit (loss) for the period | 9904 | €2,759 | €8,151 | +€5,392 | +195% |
| Profit (loss) for the period to be appropriated | 9905 | €2,759 | €8,151 | +€5,392 | +195% |
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.