MATHIAS & AT: 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 & AT
Largest movements
- Tangible fixed assets -€3,479
down €3,479 (-42.3%), from €8,232 to €4,753
of which Furniture and vehicles: -€1,826
- Receivables within one year +€1,385
up €1,385 (+101%), from €1,369 to €2,754
of which Trade receivables: +€1,406
- Tax, wage and social debts -€6,620
down €6,620 (-74.4%), from €8,893 to €2,272
of which Remuneration and social security: -€4,500
- Trade debts +€2,670
up €2,670 (+199%), from €1,339 to €4,009
- Reserves +€1,400
up €1,400 (+14.0%), from €10,000 to €11,400
- Gross operating margin -€7,325
down €7,325 (-47.3%), from €15,485 to €8,161
- Taxes -€1,731
down €1,731 (-55.2%), from €3,134 to €1,402
- Other operating charges +€668
up €668 (+440%), from €152 to €819
- Financial charges +€607
up €607 (+187%), from €324 to €931
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 | €52,565 | €50,328 | -€2,237 | -4.3% |
| Fixed assets | 21/28 | €8,232 | €4,753 | -€3,479 | -42.3% |
| Tangible fixed assets | 22/27 | €8,232 | €4,753 | -€3,479 | -42.3% |
| Plant, machinery and equipment | 23 | €4,954 | €3,301 | -€1,653 | -33.4% |
| Furniture and vehicles | 24 | €3,278 | €1,451 | -€1,826 | -55.7% |
| Current assets | 29/58 | €44,333 | €45,575 | +€1,243 | +2.8% |
| Stocks and contracts in progress | 3 | €252 | €219 | -€34 | -13.3% |
| Stocks | 30/36 | €252 | €219 | -€34 | -13.3% |
| Amounts receivable within one year | 40/41 | €1,369 | €2,754 | +€1,385 | +101% |
| Trade receivables | 40 | €966 | €2,372 | +€1,406 | +146% |
| Other amounts receivable | 41 | €403 | €382 | -€21 | -5.2% |
| Cash at bank and in hand | 54/58 | €41,166 | €41,002 | -€164 | -0.4% |
| Deferred charges and accrued income | 490/1 | €1,546 | €1,601 | +€55 | +3.6% |
| Total equity and liabilities | 10/49 | €52,565 | €50,328 | -€2,237 | -4.3% |
| Equity | 10/15 | €20,195 | €21,658 | +€1,464 | +7.2% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €10,000 | €11,400 | +€1,400 | +14.0% |
| Distributable reserves | 133 | €10,000 | €11,400 | +€1,400 | +14.0% |
| Profit (loss) carried forward | 14 | €195 | €258 | +€64 | +32.6% |
| Amounts payable | 17/49 | €32,370 | €28,670 | -€3,700 | -11.4% |
| Amounts payable within one year | 42/48 | €32,370 | €28,670 | -€3,700 | -11.4% |
| Trade debts | 44 | €1,339 | €4,009 | +€2,670 | +199% |
| Suppliers | 440/4 | €1,339 | €4,009 | +€2,670 | +199% |
| Taxes, remuneration and social security | 45 | €8,893 | €2,272 | -€6,620 | -74.4% |
| Taxes | 450/3 | €3,593 | €1,472 | -€2,120 | -59.0% |
| Remuneration and social security | 454/9 | €5,300 | €800 | -€4,500 | -84.9% |
| Other amounts payable | 47/48 | €22,139 | €22,389 | +€250 | +1.1% |
| Non-recurring operating income | 76A | €24 | €97 | +€73 | +307% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,479 | €3,479 | +€0 | 0.0% |
| Other operating charges | 640/8 | €152 | €819 | +€668 | +440% |
| Non-recurring operating charges | 66A | €2 | €70 | +€68 | +4,275% |
| Gross operating margin | 9900 | €15,485 | €8,161 | -€7,325 | -47.3% |
| Operating profit (loss) | 9901 | €11,853 | €3,792 | -€8,061 | -68.0% |
| Financial income | 75/76B | €4 | €5 | +€1 | +19.8% |
| Recurring financial income | 75 | €4 | €5 | +€1 | +19.8% |
| Financial charges | 65/66B | €324 | €931 | +€607 | +187% |
| Recurring financial charges | 65 | €324 | €931 | +€607 | +187% |
| Profit (loss) for the period before taxes | 9903 | €11,533 | €2,866 | -€8,667 | -75.1% |
| Income taxes | 67/77 | €3,134 | €1,402 | -€1,731 | -55.2% |
| Profit (loss) for the period | 9904 | €8,399 | €1,464 | -€6,936 | -82.6% |
| Profit (loss) for the period to be appropriated | 9905 | €8,399 | €1,464 | -€6,936 | -82.6% |
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 17 October 2026 via checked.be.