Mathcha: 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.
Mathcha
Largest movements
- Tangible fixed assets -€8,181
down €8,181 (-2.1%), from €388,665 to €380,485
of which Land and buildings: -€13,582
- Receivables within one year -€6,220
down €6,220 (-48.4%), from €12,859 to €6,639
- Debts after one year -€59,283
down €59,283 (-17.3%), from €343,532 to €284,249
of which Other amounts payable: -€35,045
- Profit (loss) carried forward +€36,077
up €36,077 (+74.9%), from -€48,167 to -€12,090
- Gross operating margin +€35,357
up €35,357 (+111%), from €31,851 to €67,208
- Financial charges -€33,992
down €33,992 (-77.6%), from €43,800 to €9,809
- Taxes +€1,893
up €1,893 (+869%), from €218 to €2,111
- Financial income -€842
down €842 (-100.0%), from €842 to €0
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 | €434,079 | €416,199 | -€17,880 | -4.1% |
| Fixed assets | 21/28 | €388,665 | €380,485 | -€8,181 | -2.1% |
| Tangible fixed assets | 22/27 | €388,665 | €380,485 | -€8,181 | -2.1% |
| Land and buildings | 22 | €381,750 | €368,169 | -€13,582 | -3.6% |
| Plant, machinery and equipment | 23 | €2,633 | €2,983 | +€349 | +13.3% |
| Furniture and vehicles | 24 | €4,282 | €9,334 | +€5,052 | +118% |
| Current assets | 29/58 | €45,414 | €35,714 | -€9,700 | -21.4% |
| Amounts receivable within one year | 40/41 | €12,859 | €6,639 | -€6,220 | -48.4% |
| Trade receivables | 40 | €12,859 | €6,639 | -€6,220 | -48.4% |
| Cash at bank and in hand | 54/58 | €29,647 | €25,775 | -€3,872 | -13.1% |
| Deferred charges and accrued income | 490/1 | €2,907 | €3,300 | +€392 | +13.5% |
| Total equity and liabilities | 10/49 | €434,079 | €416,199 | -€17,880 | -4.1% |
| Equity | 10/15 | €51,130 | €87,207 | +€36,077 | +70.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €86,897 | €86,897 | = | 0.0% |
| Distributable reserves | 133 | €86,897 | €86,897 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€48,167 | -€12,090 | +€36,077 | +74.9% |
| Amounts payable | 17/49 | €382,949 | €328,992 | -€53,957 | -14.1% |
| Amounts payable after more than one year | 17 | €343,532 | €284,249 | -€59,283 | -17.3% |
| Financial debts | 170/4 | €269,416 | €245,178 | -€24,238 | -9.0% |
| Other amounts payable | 178/9 | €74,117 | €39,072 | -€35,045 | -47.3% |
| Amounts payable within one year | 42/48 | €37,616 | €41,938 | +€4,322 | +11.5% |
| Current portion of amounts payable after more than one year | 42 | €25,926 | €26,212 | +€286 | +1.1% |
| Trade debts | 44 | €3,932 | €3,975 | +€42 | +1.1% |
| Suppliers | 440/4 | €3,932 | €3,975 | +€42 | +1.1% |
| Taxes, remuneration and social security | 45 | €7,415 | €11,552 | +€4,136 | +55.8% |
| Taxes | 450/3 | €5,655 | €11,552 | +€5,896 | +104% |
| Remuneration and social security | 454/9 | €1,760 | - | -€1,760 | |
| Other amounts payable | 47/48 | €343 | €200 | -€143 | -41.7% |
| Accrued charges and deferred income | 492/3 | €1,800 | €2,805 | +€1,004 | +55.8% |
| Remuneration, social security and pensions | 62 | -€40 | - | +€40 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,657 | €16,732 | +€75 | +0.4% |
| Other operating charges | 640/8 | €2,160 | €2,480 | +€320 | +14.8% |
| Gross operating margin | 9900 | €31,851 | €67,208 | +€35,357 | +111% |
| Operating profit (loss) | 9901 | €13,074 | €47,997 | +€34,922 | +267% |
| Financial income | 75/76B | €842 | €0 | -€842 | -100.0% |
| Recurring financial income | 75 | €842 | €0 | -€842 | -100.0% |
| Financial charges | 65/66B | €43,800 | €9,809 | -€33,992 | -77.6% |
| Recurring financial charges | 65 | €43,800 | €9,809 | -€33,992 | -77.6% |
| Profit (loss) for the period before taxes | 9903 | -€29,884 | €38,188 | +€68,072 | |
| Income taxes | 67/77 | €218 | €2,111 | +€1,893 | +869% |
| Profit (loss) for the period | 9904 | -€30,102 | €36,077 | +€66,178 | |
| Profit (loss) for the period to be appropriated | 9905 | -€30,102 | €36,077 | +€66,178 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.