MATHIEU Médical: 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.
MATHIEU Médical
Largest movements
- Financial fixed assets +€15,000
up €15,000 (+78.9%), from €19,000 to €34,000
- Cash -€14,681
down €14,681 (-50.9%), from €28,824 to €14,143
mainly Contributions, distributions and other (-€65,000) and Investment in fixed assets (net) (-€15,000)
- Tangible fixed assets -€7,938
down €7,938 (-28.4%), from €27,989 to €20,051
of which Plant, machinery and equipment: -€6,205
- Receivables within one year +€4,594
up €4,594 (+28.5%), from €16,135 to €20,729
of which Other amounts receivable: +€3,205
- Profit (loss) carried forward -€16,757
down €16,757 (-21.0%), from €79,863 to €63,107
- Trade debts +€10,441
up €10,441 (+2,363%), from €442 to €10,883
- Other debts +€9,815
new in 2024: €9,815
- Tax, wage and social debts -€3,911
down €3,911 (-35.0%), from €11,186 to €7,275
of which Remuneration and social security: -€6,051
- Accrued charges and deferred income -€1,803
down €1,803 (-28.8%), from €6,266 to €4,462
- Gross operating margin +€24,195
up €24,195 (+40.5%), from €59,813 to €84,009
- Staff costs -€21,396
down €21,396 (-62.1%), from €34,471 to €13,075
- Taxes +€10,947
up €10,947 (+316%), from €3,461 to €14,408
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €101,757 | €99,542 | -€2,215 | -2.2% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €46,989 | €54,051 | +€7,062 | +15.0% |
| Tangible fixed assets | 22/27 | €27,989 | €20,051 | -€7,938 | -28.4% |
| Land and buildings | 22 | €932 | €801 | -€131 | -14.1% |
| Plant, machinery and equipment | 23 | €20,070 | €13,865 | -€6,205 | -30.9% |
| Furniture and vehicles | 24 | €6,987 | €5,385 | -€1,602 | -22.9% |
| Financial fixed assets | 28 | €19,000 | €34,000 | +€15,000 | +78.9% |
| Current assets | 29/58 | €54,768 | €45,490 | -€9,277 | -16.9% |
| Amounts receivable within one year | 40/41 | €16,135 | €20,729 | +€4,594 | +28.5% |
| Trade receivables | 40 | €1,196 | €2,585 | +€1,389 | +116% |
| Other amounts receivable | 41 | €14,939 | €18,144 | +€3,205 | +21.5% |
| Cash at bank and in hand | 54/58 | €28,824 | €14,143 | -€14,681 | -50.9% |
| Deferred charges and accrued income | 490/1 | €9,809 | €10,619 | +€810 | +8.3% |
| Total equity and liabilities | 10/49 | €101,757 | €99,542 | -€2,215 | -2.2% |
| Equity | 10/15 | €83,863 | €67,107 | -€16,757 | -20.0% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €79,863 | €63,107 | -€16,757 | -21.0% |
| Amounts payable | 17/49 | €17,894 | €32,435 | +€14,541 | +81.3% |
| Amounts payable within one year | 42/48 | €11,628 | €27,972 | +€16,345 | +141% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €442 | €10,883 | +€10,441 | +2,363% |
| Suppliers | 440/4 | €442 | €10,883 | +€10,441 | +2,363% |
| Taxes, remuneration and social security | 45 | €11,186 | €7,275 | -€3,911 | -35.0% |
| Taxes | 450/3 | €5,135 | €7,275 | +€2,140 | +41.7% |
| Remuneration and social security | 454/9 | €6,051 | €0 | -€6,051 | -100% |
| Other amounts payable | 47/48 | - | €9,815 | +€9,815 | |
| Accrued charges and deferred income | 492/3 | €6,266 | €4,462 | -€1,803 | -28.8% |
| Remuneration, social security and pensions | 62 | €34,471 | €13,075 | -€21,396 | -62.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,634 | €7,938 | -€696 | -8.1% |
| Other operating charges | 640/8 | - | €222 | +€222 | |
| Gross operating margin | 9900 | €59,813 | €84,009 | +€24,195 | +40.5% |
| Operating profit (loss) | 9901 | €16,708 | €62,773 | +€46,065 | +276% |
| Financial income | 75/76B | €72 | €0 | -€72 | -100% |
| Recurring financial income | 75 | €72 | €0 | -€72 | -100% |
| Financial charges | 65/66B | €369 | €122 | -€248 | -67.0% |
| Recurring financial charges | 65 | €369 | €122 | -€248 | -67.0% |
| Profit (loss) for the period before taxes | 9903 | €16,411 | €62,651 | +€46,240 | +282% |
| Income taxes | 67/77 | €3,461 | €14,408 | +€10,947 | +316% |
| Profit (loss) for the period | 9904 | €12,951 | €48,243 | +€35,293 | +273% |
| Profit (loss) for the period to be appropriated | 9905 | €12,951 | €48,243 | +€35,293 | +273% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.