MATHIEU CONSULTANCY: what changed
Two fiscal 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.
MATHIEU CONSULTANCY
Largest movements
- Tangible fixed assets +€109,906
up €109,906 (+1100.1%), from €9,990 to €119,896
of which Furniture and vehicles: +€76,206
- Cash -€94,549
down €94,549 (-73.4%), from €128,765 to €34,216
mainly Investment in fixed assets (net) (-€116,523) and Trade debts (-€9,001)
- Receivables within one year -€12,112
down €12,112 (-49.4%), from €24,524 to €12,412
of which Trade receivables: -€24,151
- Trade debts -€9,001
down €9,001 (-47.9%), from €18,807 to €9,805
- Profit (loss) carried forward +€8,798
up €8,798 (+7.7%), from €114,430 to €123,228
- Tax, wage and social debts +€2,660
up €2,660 (+9.2%), from €29,043 to €31,703
- Gross operating margin -€29,840
down €29,840 (-56.8%), from €52,495 to €22,655
- Taxes -€5,146
down €5,146 (-43.6%), from €11,792 to €6,646
- Depreciation +€4,666
up €4,666 (+239.1%), from €1,952 to €6,617
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.
Cash bridge derived
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 | €163,279 | €167,181 | +€3,901 | +2.4% |
| Fixed assets | 21/28 | €9,990 | €119,896 | +€109,906 | +1100.1% |
| Tangible fixed assets | 22/27 | €9,990 | €119,896 | +€109,906 | +1100.1% |
| Plant, machinery and equipment | 23 | €2,767 | €36,467 | +€33,700 | +1217.7% |
| Furniture and vehicles | 24 | €7,223 | €83,429 | +€76,206 | +1055.1% |
| Current assets | 29/58 | €153,289 | €47,285 | -€106,004 | -69.2% |
| Amounts receivable within one year | 40/41 | €24,524 | €12,412 | -€12,112 | -49.4% |
| Trade receivables | 40 | €24,151 | €0 | -€24,151 | -100.0% |
| Other amounts receivable | 41 | €373 | €12,412 | +€12,039 | +3227.2% |
| Cash at bank and in hand | 54/58 | €128,765 | €34,216 | -€94,549 | -73.4% |
| Deferred charges and accrued income | 490/1 | €0 | €656 | +€656 | |
| Total equity and liabilities | 10/49 | €163,279 | €167,181 | +€3,901 | +2.4% |
| Equity | 10/15 | €115,430 | €124,228 | +€8,798 | +7.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €114,430 | €123,228 | +€8,798 | +7.7% |
| Amounts payable | 17/49 | €47,849 | €42,952 | -€4,897 | -10.2% |
| Amounts payable within one year | 42/48 | €47,849 | €42,916 | -€4,934 | -10.3% |
| Trade debts | 44 | €18,807 | €9,805 | -€9,001 | -47.9% |
| Suppliers | 440/4 | €18,807 | €9,805 | -€9,001 | -47.9% |
| Taxes, remuneration and social security | 45 | €29,043 | €31,703 | +€2,660 | +9.2% |
| Taxes | 450/3 | €29,043 | €31,703 | +€2,660 | +9.2% |
| Other amounts payable | 47/48 | - | €1,407 | +€1,407 | |
| Accrued charges and deferred income | 492/3 | - | €37 | +€37 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,952 | €6,617 | +€4,666 | +239.1% |
| Other operating charges | 640/8 | €85 | €79 | -€6 | -7.2% |
| Gross operating margin | 9900 | €52,495 | €22,655 | -€29,840 | -56.8% |
| Operating profit (loss) | 9901 | €50,458 | €15,959 | -€34,499 | -68.4% |
| Financial income | 75/76B | €153 | €0 | -€153 | -100.0% |
| Recurring financial income | 75 | €153 | €0 | -€153 | -100.0% |
| Financial charges | 65/66B | €424 | €515 | +€91 | +21.5% |
| Recurring financial charges | 65 | €424 | €515 | +€91 | +21.5% |
| Profit (loss) for the period before taxes | 9903 | €50,188 | €15,444 | -€34,744 | -69.2% |
| Income taxes | 67/77 | €11,792 | €6,646 | -€5,146 | -43.6% |
| Profit (loss) for the period | 9904 | €38,396 | €8,798 | -€29,597 | -77.1% |
| Profit (loss) for the period to be appropriated | 9905 | €38,396 | €8,798 | -€29,597 | -77.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.