Mathias Albert Consult: 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.
Mathias Albert Consult
Largest movements
- Current investments +€21,500
new in 2025: €21,500
- Cash -€14,996
down €14,996 (-14.2%), from €105,407 to €90,411
mainly Other debts (-€22,413) and Current investments (-€21,500)
- Tangible fixed assets +€6,395
up €6,395 (+76.2%), from €8,387 to €14,783
of which Furniture and vehicles: +€7,209
- Profit (loss) carried forward +€35,068
new in 2025: €35,068
- Other debts -€22,413
down €22,413 (-68.9%), from €32,524 to €10,112
- Trade debts +€5,205
up €5,205 (+571%), from €912 to €6,117
- Tax, wage and social debts -€3,796
down €3,796 (-27.0%), from €14,037 to €10,240
- Gross operating margin -€6,750
down €6,750 (-11.4%), from €59,409 to €52,659
- Depreciation +€1,959
up €1,959 (+98.3%), from €1,992 to €3,951
- Taxes -€1,466
down €1,466 (-11.9%), from €12,317 to €10,851
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 | €114,664 | €128,729 | +€14,065 | +12.3% |
| Fixed assets | 21/28 | €8,387 | €14,783 | +€6,395 | +76.2% |
| Tangible fixed assets | 22/27 | €8,387 | €14,783 | +€6,395 | +76.2% |
| Plant, machinery and equipment | 23 | €1,730 | €1,173 | -€557 | -32.2% |
| Furniture and vehicles | 24 | €4,124 | €11,333 | +€7,209 | +175% |
| Other tangible fixed assets | 26 | €2,533 | €2,276 | -€257 | -10.1% |
| Current assets | 29/58 | €106,277 | €113,946 | +€7,669 | +7.2% |
| Amounts receivable within one year | 40/41 | - | €709 | +€709 | |
| Trade receivables | 40 | - | €310 | +€310 | |
| Other amounts receivable | 41 | - | €399 | +€399 | |
| Current investments | 50/53 | - | €21,500 | +€21,500 | |
| Cash at bank and in hand | 54/58 | €105,407 | €90,411 | -€14,996 | -14.2% |
| Deferred charges and accrued income | 490/1 | €870 | €1,326 | +€457 | +52.5% |
| Total equity and liabilities | 10/49 | €114,664 | €128,729 | +€14,065 | +12.3% |
| Equity | 10/15 | €67,191 | €102,260 | +€35,068 | +52.2% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €63,191 | €63,191 | = | 0.0% |
| Distributable reserves | 133 | €63,191 | €63,191 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €35,068 | +€35,068 | |
| Amounts payable | 17/49 | €47,473 | €26,469 | -€21,004 | -44.2% |
| Amounts payable within one year | 42/48 | €47,473 | €26,469 | -€21,004 | -44.2% |
| Trade debts | 44 | €912 | €6,117 | +€5,205 | +571% |
| Suppliers | 440/4 | €912 | €6,117 | +€5,205 | +571% |
| Taxes, remuneration and social security | 45 | €14,037 | €10,240 | -€3,796 | -27.0% |
| Taxes | 450/3 | €14,037 | €10,240 | -€3,796 | -27.0% |
| Other amounts payable | 47/48 | €32,524 | €10,112 | -€22,413 | -68.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,992 | €3,951 | +€1,959 | +98.3% |
| Other operating charges | 640/8 | €825 | €824 | -€1 | -0.2% |
| Gross operating margin | 9900 | €59,409 | €52,659 | -€6,750 | -11.4% |
| Operating profit (loss) | 9901 | €56,592 | €47,884 | -€8,708 | -15.4% |
| Financial income | 75/76B | €110 | - | -€110 | |
| Recurring financial income | 75 | €110 | - | -€110 | |
| Financial charges | 65/66B | €2,263 | €1,965 | -€298 | -13.2% |
| Recurring financial charges | 65 | €2,263 | €1,965 | -€298 | -13.2% |
| Profit (loss) for the period before taxes | 9903 | €54,439 | €45,919 | -€8,520 | -15.7% |
| Income taxes | 67/77 | €12,317 | €10,851 | -€1,466 | -11.9% |
| Profit (loss) for the period | 9904 | €42,122 | €35,068 | -€7,054 | -16.7% |
| Profit (loss) for the period to be appropriated | 9905 | €42,122 | €35,068 | -€7,054 | -16.7% |
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 18 October 2026 via checked.be.