MATEXI WALLONIE: what changed
What changed
MATEXI WALLONIE
NACE 68.121, Development of residential building projects
filed annual accounts (NBB)
Net result for the year
€2.4m
2024 · €578,459+€1.9m
Equity
€78.4m
2024 · €78.2m+€137,359
Cash
-
not filed
Balance sheet total
€82.6m
2024 · €85.4m-€2.7m
Largest movements
Assets
- Financial fixed assets -€2.6m
down €2.6m (-22.3%), from €11.8m to €9.2m
Equity and liabilities
- Other debts -€2.6m
down €2.6m (-50.9%), from €5.1m to €2.5m
Income statement
- Gross operating margin +€1.8m
up €1.8m (+97.4%), from €1.8m to €3.6m
- Financial charges -€531,070
down €531,070 (-56.8%), from €935,318 to €404,248
of which Non-recurring financial charges: -€530,973
- Taxes +€467,441
up €467,441 (+82.5%), from €566,704 to €1.0m
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.
Result 2024
€578,459
Gross operating margin
+€1.8m
Other operating charges
-€7,992
Financial income
+€26,003
Financial charges
+€531,070
Taxes
-€467,441
Result 2025
€2.4m
raises the resultlowers the result
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts. So the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €85,367,550 | €82,623,475 | -€2.7m | -3.2% |
| Fixed assets | 21/28 | €12,822,548 | €10,154,610 | -€2.7m | -20.8% |
| Tangible fixed assets | 22/27 | €980,818 | €951,272 | -€29,546 | -3.0% |
| Land and buildings | 22 | €980,818 | €951,272 | -€29,546 | -3.0% |
| Financial fixed assets | 28 | €11,841,730 | €9,203,338 | -€2.6m | -22.3% |
| Current assets | 29/58 | €72,545,002 | €72,468,865 | -€76,137 | -0.1% |
| Stocks and contracts in progress | 3 | €70,825,732 | €71,434,011 | +€608,280 | +0.9% |
| Stocks | 30/36 | €70,825,732 | €71,434,011 | +€608,280 | +0.9% |
| Amounts receivable within one year | 40/41 | €1,719,270 | €1,034,854 | -€684,417 | -39.8% |
| Trade receivables | 40 | €1,603,621 | €946,567 | -€657,054 | -41.0% |
| Other amounts receivable | 41 | €115,650 | €88,287 | -€27,363 | -23.7% |
| Total equity and liabilities | 10/49 | €85,367,550 | €82,623,475 | -€2.7m | -3.2% |
| Equity | 10/15 | €78,249,504 | €78,386,863 | +€137,359 | +0.2% |
| Contributions | 10/11 | €77,709,650 | €77,709,650 | = | 0.0% |
| Capital | 10 | €76,856,451 | €76,856,451 | = | 0.0% |
| Issued capital | 100 | €76,856,451 | €76,856,451 | = | 0.0% |
| Contributions outside capital | 11 | €853,198 | €853,198 | = | 0.0% |
| Share premium | 1100/10 | €853,198 | €853,198 | = | 0.0% |
| Reserves | 13 | €430,843 | €552,711 | +€121,868 | +28.3% |
| Non-distributable reserves | 130/1 | €430,843 | €552,711 | +€121,868 | +28.3% |
| Legal reserve | 130 | €430,843 | €552,711 | +€121,868 | +28.3% |
| Profit (loss) carried forward | 14 | €109,011 | €124,502 | +€15,491 | +14.2% |
| Amounts payable | 17/49 | €7,118,047 | €4,236,612 | -€2.9m | -40.5% |
| Amounts payable after more than one year | 17 | €27,596 | €27,596 | = | 0.0% |
| Financial debts | 170/4 | €27,596 | €27,596 | = | 0.0% |
| Amounts payable within one year | 42/48 | €7,053,451 | €4,172,017 | -€2.9m | -40.9% |
| Financial debts | 43 | €12,327 | €12,327 | = | 0.0% |
| Other loans | 439 | €12,327 | €12,327 | = | 0.0% |
| Trade debts | 44 | €1,113,299 | €491,452 | -€621,847 | -55.9% |
| Suppliers | 440/4 | €1,113,299 | €491,452 | -€621,847 | -55.9% |
| Advances received on contracts in progress | 46 | €215,335 | €106,614 | -€108,721 | -50.5% |
| Taxes, remuneration and social security | 45 | €566,704 | €1,035,837 | +€469,133 | +82.8% |
| Taxes | 450/3 | €566,704 | €1,035,837 | +€469,133 | +82.8% |
| Other amounts payable | 47/48 | €5,145,786 | €2,525,786 | -€2.6m | -50.9% |
| Accrued charges and deferred income | 492/3 | €37,000 | €37,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,546 | €29,546 | = | 0.0% |
| Other operating charges | 640/8 | €102,295 | €110,287 | +€7,992 | +7.8% |
| Gross operating margin | 9900 | €1,824,172 | €3,601,432 | +€1.8m | +97.4% |
| Operating profit (loss) | 9901 | €1,692,332 | €3,461,599 | +€1.8m | +105% |
| Financial income | 75/76B | €388,150 | €414,153 | +€26,003 | +6.7% |
| Recurring financial income | 75 | €388,150 | €414,153 | +€26,003 | +6.7% |
| Financial charges | 65/66B | €935,318 | €404,248 | -€531,070 | -56.8% |
| Recurring financial charges | 65 | €833 | €737 | -€97 | -11.6% |
| Non-recurring financial charges | 66B | €934,485 | €403,512 | -€530,973 | -56.8% |
| Profit (loss) for the period before taxes | 9903 | €1,145,163 | €3,471,504 | +€2.3m | +203% |
| Income taxes | 67/77 | €566,704 | €1,034,145 | +€467,441 | +82.5% |
| Profit (loss) for the period | 9904 | €578,459 | €2,437,359 | +€1.9m | +321% |
| Profit (loss) for the period to be appropriated | 9905 | €578,459 | €2,437,359 | +€1.9m | +321% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
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 4 November 2026 via checked.be.