MATEZO: 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.
MATEZO
Largest movements
- Cash +€65,465
up €65,465 (+175%), from €37,455 to €102,919
mainly Net result for the year (+€59,153) and Deferred charges and accrued income (+€3,480)
- Deferred charges and accrued income -€3,480
down €3,480 (-92.8%), from €3,749 to €269
- Tangible fixed assets -€3,000
down €3,000 (-60.1%), from €4,992 to €1,992
- Profit (loss) carried forward +€59,153
up €59,153 (+126%), from €46,899 to €106,051
- Gross operating margin +€18,021
up €18,021 (+29.7%), from €60,613 to €78,634
- Taxes +€3,780
up €3,780 (+31.1%), from €12,171 to €15,951
- Depreciation +€1,992
up €1,992 (+198%), from €1,008 to €3,000
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 | €69,889 | €129,577 | +€59,688 | +85.4% |
| Fixed assets | 21/28 | €4,992 | €1,992 | -€3,000 | -60.1% |
| Tangible fixed assets | 22/27 | €4,992 | €1,992 | -€3,000 | -60.1% |
| Furniture and vehicles | 24 | €4,992 | €1,992 | -€3,000 | -60.1% |
| Current assets | 29/58 | €64,897 | €127,585 | +€62,688 | +96.6% |
| Amounts receivable within one year | 40/41 | €23,694 | €24,397 | +€703 | +3.0% |
| Trade receivables | 40 | €23,694 | €23,848 | +€154 | +0.7% |
| Other amounts receivable | 41 | - | €549 | +€549 | |
| Cash at bank and in hand | 54/58 | €37,455 | €102,919 | +€65,465 | +175% |
| Deferred charges and accrued income | 490/1 | €3,749 | €269 | -€3,480 | -92.8% |
| Total equity and liabilities | 10/49 | €69,889 | €129,577 | +€59,688 | +85.4% |
| Equity | 10/15 | €51,899 | €111,051 | +€59,153 | +114% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €46,899 | €106,051 | +€59,153 | +126% |
| Amounts payable | 17/49 | €17,990 | €18,525 | +€535 | +3.0% |
| Amounts payable within one year | 42/48 | €17,990 | €18,525 | +€535 | +3.0% |
| Trade debts | 44 | €2,886 | €2,401 | -€485 | -16.8% |
| Suppliers | 440/4 | €2,886 | €2,401 | -€485 | -16.8% |
| Taxes, remuneration and social security | 45 | €14,362 | €15,432 | +€1,070 | +7.5% |
| Taxes | 450/3 | €14,362 | €15,432 | +€1,070 | +7.5% |
| Other amounts payable | 47/48 | €743 | €693 | -€50 | -6.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,008 | €3,000 | +€1,992 | +198% |
| Other operating charges | 640/8 | €467 | €73 | -€394 | -84.4% |
| Gross operating margin | 9900 | €60,613 | €78,634 | +€18,021 | +29.7% |
| Operating profit (loss) | 9901 | €59,137 | €75,561 | +€16,423 | +27.8% |
| Financial charges | 65/66B | €68 | €457 | +€389 | +576% |
| Recurring financial charges | 65 | €68 | €457 | +€389 | +576% |
| Profit (loss) for the period before taxes | 9903 | €59,070 | €75,104 | +€16,034 | +27.1% |
| Income taxes | 67/77 | €12,171 | €15,951 | +€3,780 | +31.1% |
| Profit (loss) for the period | 9904 | €46,899 | €59,153 | +€12,254 | +26.1% |
| Profit (loss) for the period to be appropriated | 9905 | €46,899 | €59,153 | +€12,254 | +26.1% |
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 16 October 2026 via checked.be.