MATEX BV: 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.
MATEX BV
Largest movements
- Cash +€238,490
up €238,490 (+83.9%), from €284,412 to €522,902
mainly Other debts (+€546,953) and Net result for the year (+€332,118)
- Receivables within one year +€13,774
up €13,774 (+3.2%), from €433,880 to €447,654
of which Trade receivables: +€59,061
- Other debts +€546,953
up €546,953 (+221%), from €247,157 to €794,110
- Profit (loss) carried forward -€291,727
no longer reported in 2025 (was €291,727)
- Tax, wage and social debts +€16,182
up €16,182 (+17.5%), from €92,665 to €108,847
of which Taxes: +€10,200
- Debts after one year -€15,574
down €15,574 (-20.4%), from €76,529 to €60,956
- Gross operating margin +€309,471
up €309,471 (+110%), from €281,707 to €591,178
- Staff costs +€111,175
new in 2025: €111,175
- Taxes +€59,202
up €59,202 (+90.2%), from €65,633 to €124,835
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 | €804,584 | €1,061,071 | +€256,488 | +31.9% |
| Fixed assets | 21/28 | €86,292 | €83,538 | -€2,754 | -3.2% |
| Tangible fixed assets | 22/27 | €86,292 | €83,538 | -€2,754 | -3.2% |
| Land and buildings | 22 | €67,501 | €68,354 | +€853 | +1.3% |
| Furniture and vehicles | 24 | €18,791 | €15,184 | -€3,607 | -19.2% |
| Current assets | 29/58 | €718,292 | €977,534 | +€259,242 | +36.1% |
| Amounts receivable within one year | 40/41 | €433,880 | €447,654 | +€13,774 | +3.2% |
| Trade receivables | 40 | €376,771 | €435,831 | +€59,061 | +15.7% |
| Other amounts receivable | 41 | €57,109 | €11,823 | -€45,286 | -79.3% |
| Cash at bank and in hand | 54/58 | €284,412 | €522,902 | +€238,490 | +83.9% |
| Deferred charges and accrued income | 490/1 | €0 | €6,978 | +€6,978 | |
| Total equity and liabilities | 10/49 | €804,584 | €1,061,071 | +€256,488 | +31.9% |
| Equity | 10/15 | €300,557 | €5,000 | -€295,557 | -98.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €3,830 | - | -€3,830 | |
| Distributable reserves | 133 | €3,830 | - | -€3,830 | |
| Profit (loss) carried forward | 14 | €291,727 | - | -€291,727 | |
| Amounts payable | 17/49 | €504,027 | €1,056,071 | +€552,045 | +110% |
| Amounts payable after more than one year | 17 | €76,529 | €60,956 | -€15,574 | -20.4% |
| Financial debts | 170/4 | €76,529 | €60,956 | -€15,574 | -20.4% |
| Amounts payable within one year | 42/48 | €427,497 | €995,116 | +€567,618 | +133% |
| Current portion of amounts payable after more than one year | 42 | €27,578 | €34,819 | +€7,241 | +26.3% |
| Trade debts | 44 | €60,098 | €57,339 | -€2,758 | -4.6% |
| Suppliers | 440/4 | €60,098 | €57,339 | -€2,758 | -4.6% |
| Taxes, remuneration and social security | 45 | €92,665 | €108,847 | +€16,182 | +17.5% |
| Taxes | 450/3 | €92,665 | €102,865 | +€10,200 | +11.0% |
| Remuneration and social security | 454/9 | - | €5,982 | +€5,982 | |
| Other amounts payable | 47/48 | €247,157 | €794,110 | +€546,953 | +221% |
| Remuneration, social security and pensions | 62 | - | €111,175 | +€111,175 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,427 | €11,055 | +€4,628 | +72.0% |
| Other operating charges | 640/8 | €8,907 | €6,793 | -€2,114 | -23.7% |
| Non-recurring operating charges | 66A | €8,535 | - | -€8,535 | |
| Gross operating margin | 9900 | €281,707 | €591,178 | +€309,471 | +110% |
| Operating profit (loss) | 9901 | €257,838 | €462,155 | +€204,317 | +79.2% |
| Financial income | 75/76B | €415 | €305 | -€111 | -26.7% |
| Recurring financial income | 75 | €415 | €305 | -€111 | -26.7% |
| Financial charges | 65/66B | €2,633 | €5,506 | +€2,874 | +109% |
| Recurring financial charges | 65 | €2,633 | €5,506 | +€2,874 | +109% |
| Profit (loss) for the period before taxes | 9903 | €255,621 | €456,953 | +€201,332 | +78.8% |
| Income taxes | 67/77 | €65,633 | €124,835 | +€59,202 | +90.2% |
| Profit (loss) for the period | 9904 | €189,988 | €332,118 | +€142,130 | +74.8% |
| Profit (loss) for the period to be appropriated | 9905 | €189,988 | €332,118 | +€142,130 | +74.8% |
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 13 October 2026 via checked.be.