MATHOLEZ: 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.
MATHOLEZ
Largest movements
- Tangible fixed assets -€19,789
down €19,789 (-2.8%), from €718,289 to €698,500
of which Land and buildings: -€19,546
- Debts after one year -€20,345
down €20,345 (-6.0%), from €338,346 to €318,001
- Gross operating margin +€7,626
up €7,626 (+39.1%), from €19,495 to €27,122
- Financial charges -€1,654
down €1,654 (-22.9%), from €7,233 to €5,579
- Other operating charges +€711
up €711 (+34.3%), from €2,076 to €2,788
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.
Cash bridge derived
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 | €731,568 | €706,220 | -€25,348 | -3.5% |
| Fixed assets | 21/28 | €718,289 | €698,500 | -€19,789 | -2.8% |
| Tangible fixed assets | 22/27 | €718,289 | €698,500 | -€19,789 | -2.8% |
| Land and buildings | 22 | €717,829 | €698,283 | -€19,546 | -2.7% |
| Plant, machinery and equipment | 23 | €460 | €217 | -€243 | -52.8% |
| Current assets | 29/58 | €13,280 | €7,721 | -€5,559 | -41.9% |
| Amounts receivable within one year | 40/41 | €1,861 | €1,774 | -€87 | -4.7% |
| Other amounts receivable | 41 | €1,861 | €1,774 | -€87 | -4.7% |
| Cash at bank and in hand | 54/58 | €11,309 | €5,833 | -€5,476 | -48.4% |
| Deferred charges and accrued income | 490/1 | €109 | €114 | +€4 | +3.8% |
| Total equity and liabilities | 10/49 | €731,568 | €706,220 | -€25,348 | -3.5% |
| Equity | 10/15 | €371,134 | €365,473 | -€5,661 | -1.5% |
| Contributions | 10/11 | €510,000 | €510,000 | = | 0.0% |
| Reserves | 13 | €384 | €384 | = | 0.0% |
| Distributable reserves | 133 | €384 | €384 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€139,250 | -€144,911 | -€5,661 | -4.1% |
| Amounts payable | 17/49 | €360,434 | €340,747 | -€19,687 | -5.5% |
| Amounts payable after more than one year | 17 | €338,346 | €318,001 | -€20,345 | -6.0% |
| Financial debts | 170/4 | €338,346 | €318,001 | -€20,345 | -6.0% |
| Amounts payable within one year | 42/48 | €20,898 | €21,831 | +€933 | +4.5% |
| Current portion of amounts payable after more than one year | 42 | €19,706 | €20,345 | +€638 | +3.2% |
| Trade debts | 44 | €1,192 | €1,487 | +€295 | +24.7% |
| Suppliers | 440/4 | €1,192 | €1,487 | +€295 | +24.7% |
| Accrued charges and deferred income | 492/3 | €1,190 | €915 | -€275 | -23.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,383 | €24,529 | +€146 | +0.6% |
| Other operating charges | 640/8 | €2,076 | €2,788 | +€711 | +34.3% |
| Gross operating margin | 9900 | €19,495 | €27,122 | +€7,626 | +39.1% |
| Operating profit (loss) | 9901 | -€6,964 | -€195 | +€6,769 | +97.2% |
| Financial income | 75/76B | €109 | €114 | +€4 | +3.9% |
| Recurring financial income | 75 | €109 | €114 | +€4 | +3.9% |
| Financial charges | 65/66B | €7,233 | €5,579 | -€1,654 | -22.9% |
| Recurring financial charges | 65 | €7,233 | €5,579 | -€1,654 | -22.9% |
| Profit (loss) for the period before taxes | 9903 | -€14,088 | -€5,661 | +€8,427 | +59.8% |
| Profit (loss) for the period | 9904 | -€14,088 | -€5,661 | +€8,427 | +59.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,088 | -€5,661 | +€8,427 | +59.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.