MATEXPO: 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.
MATEXPO
Largest movements
- Cash +€3.3m
up €3.3m (+1,153%), from €285,705 to €3.6m
mainly Advances received (+€5.1m) and Trade debts (+€515,443)
- Deferred charges and accrued income +€1.2m
up €1.2m (+1,178%), from €101,927 to €1.3m
- Advances received +€5.1m
up €5.1m, from €0 to €5.1m
- Other debts -€1.1m
down €1.1m (-100%), from €1.1m to €0
- Trade debts +€515,443
up €515,443 (+263%), from €196,023 to €711,466
- Gross operating margin -€1.5m
down €1.5m (-99.3%), from €1.5m to €10,175
- Taxes -€388,341
down €388,341 (-97.9%), from €396,696 to €8,355
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 | €1,487,998 | €6,006,583 | +€4.5m | +304% |
| Fixed assets | 21/28 | €54,841 | €42,477 | -€12,365 | -22.5% |
| Tangible fixed assets | 22/27 | €54,841 | €42,477 | -€12,365 | -22.5% |
| Furniture and vehicles | 24 | €54,841 | €42,477 | -€12,365 | -22.5% |
| Current assets | 29/58 | €1,433,157 | €5,964,106 | +€4.5m | +316% |
| Amounts receivable within one year | 40/41 | €1,045,525 | €1,082,159 | +€36,634 | +3.5% |
| Trade receivables | 40 | €37,356 | €1,080,196 | +€1.0m | +2,792% |
| Other amounts receivable | 41 | €1,008,168 | €1,963 | -€1.0m | -99.8% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €285,705 | €3,578,839 | +€3.3m | +1,153% |
| Deferred charges and accrued income | 490/1 | €101,927 | €1,303,109 | +€1.2m | +1,178% |
| Total equity and liabilities | 10/49 | €1,487,998 | €6,006,583 | +€4.5m | +304% |
| Equity | 10/15 | €191,975 | €210,738 | +€18,763 | +9.8% |
| Contributions | 10/11 | €103,413 | €103,413 | = | 0.0% |
| Profit (loss) carried forward | 14 | €88,562 | €107,325 | +€18,763 | +21.2% |
| Amounts payable | 17/49 | €1,296,023 | €5,795,845 | +€4.5m | +347% |
| Amounts payable within one year | 42/48 | €1,296,023 | €5,795,845 | +€4.5m | +347% |
| Trade debts | 44 | €196,023 | €711,466 | +€515,443 | +263% |
| Suppliers | 440/4 | €196,023 | €711,466 | +€515,443 | +263% |
| Advances received on contracts in progress | 46 | €0 | €5,066,881 | +€5.1m | |
| Taxes, remuneration and social security | 45 | €0 | €17,498 | +€17,498 | |
| Taxes | 450/3 | €0 | €17,498 | +€17,498 | |
| Other amounts payable | 47/48 | €1,100,000 | €0 | -€1.1m | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,942 | €13,465 | +€3,522 | +35.4% |
| Other operating charges | 640/8 | €1,075 | €968 | -€108 | -10.0% |
| Non-recurring operating charges | 66A | €5,632 | €0 | -€5,632 | -100% |
| Gross operating margin | 9900 | €1,520,369 | €10,175 | -€1.5m | -99.3% |
| Operating profit (loss) | 9901 | €1,503,719 | -€4,257 | -€1.5m | |
| Financial income | 75/76B | €32,004 | €32,199 | +€195 | +0.6% |
| Recurring financial income | 75 | €32,004 | €32,199 | +€195 | +0.6% |
| Financial charges | 65/66B | €855 | €824 | -€31 | -3.6% |
| Recurring financial charges | 65 | €855 | €824 | -€31 | -3.6% |
| Profit (loss) for the period before taxes | 9903 | €1,534,868 | €27,118 | -€1.5m | -98.2% |
| Income taxes | 67/77 | €396,696 | €8,355 | -€388,341 | -97.9% |
| Profit (loss) for the period | 9904 | €1,138,171 | €18,763 | -€1.1m | -98.4% |
| Profit (loss) for the period to be appropriated | 9905 | €1,138,171 | €18,763 | -€1.1m | -98.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.