Mathuvis Video Sound: what changed
Mathuvis Video Sound
Largest movements
- Cash +€52,345
up €52,345 (+20.6%), from €254,566 to €306,911
mainly Net result for the year (+€36,686) and Depreciation (+€15,582)
- Receivables within one year +€16,815
up €16,815 (+71.1%), from €23,635 to €40,450
of which Trade receivables: +€23,070
- Tangible fixed assets -€15,582
down €15,582 (-23.7%), from €65,739 to €50,157
of which Land and buildings: -€10,634
- Reserves +€36,686
up €36,686 (+18.7%), from €195,910 to €232,597
- Tax, wage and social debts +€8,050
up €8,050 (+193%), from €4,171 to €12,222
of which Taxes: +€8,050
- Other debts +€7,312
up €7,312 (+26.2%), from €27,952 to €35,264
- Gross operating margin +€23,500
up €23,500 (+46.4%), from €50,677 to €74,178
- Financial income -€6,775
down €6,775 (-98.8%), from €6,855 to €80
- Taxes +€4,275
up €4,275 (+43.4%), from €9,843 to €14,118
- Depreciation +€2,118
up €2,118 (+15.7%), from €13,464 to €15,582
- Financial charges -€1,533
down €1,533 (-38.8%), from €3,953 to €2,420
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €352,531 | €404,424 | +€51,893 | +14.7% |
| Fixed assets | 21/28 | €67,374 | €51,792 | -€15,582 | -23.1% |
| Tangible fixed assets | 22/27 | €65,739 | €50,157 | -€15,582 | -23.7% |
| Land and buildings | 22 | €49,964 | €39,330 | -€10,634 | -21.3% |
| Plant, machinery and equipment | 23 | €1,177 | €104 | -€1,073 | -91.1% |
| Furniture and vehicles | 24 | €14,598 | €10,723 | -€3,875 | -26.5% |
| Financial fixed assets | 28 | €1,635 | €1,635 | = | 0.0% |
| Current assets | 29/58 | €285,157 | €352,632 | +€67,475 | +23.7% |
| Stocks and contracts in progress | 3 | €2,774 | €2,025 | -€749 | -27.0% |
| Stocks | 30/36 | €2,774 | €2,025 | -€749 | -27.0% |
| Amounts receivable within one year | 40/41 | €23,635 | €40,450 | +€16,815 | +71.1% |
| Trade receivables | 40 | €16,498 | €39,568 | +€23,070 | +140% |
| Other amounts receivable | 41 | €7,137 | €882 | -€6,255 | -87.6% |
| Cash at bank and in hand | 54/58 | €254,566 | €306,911 | +€52,345 | +20.6% |
| Deferred charges and accrued income | 490/1 | €4,183 | €3,246 | -€937 | -22.4% |
| Total equity and liabilities | 10/49 | €352,531 | €404,424 | +€51,893 | +14.7% |
| Equity | 10/15 | €315,910 | €352,597 | +€36,686 | +11.6% |
| Contributions | 10/11 | €120,000 | €120,000 | = | 0.0% |
| Reserves | 13 | €195,910 | €232,597 | +€36,686 | +18.7% |
| Distributable reserves | 133 | €195,910 | €232,597 | +€36,686 | +18.7% |
| Amounts payable | 17/49 | €36,621 | €51,827 | +€15,207 | +41.5% |
| Amounts payable within one year | 42/48 | €33,378 | €49,604 | +€16,226 | +48.6% |
| Trade debts | 44 | €1,254 | €2,118 | +€864 | +68.9% |
| Suppliers | 440/4 | €1,254 | €2,118 | +€864 | +68.9% |
| Taxes, remuneration and social security | 45 | €4,171 | €12,222 | +€8,050 | +193% |
| Taxes | 450/3 | €2,671 | €10,722 | +€8,050 | +301% |
| Remuneration and social security | 454/9 | €1,500 | €1,500 | = | 0.0% |
| Other amounts payable | 47/48 | €27,952 | €35,264 | +€7,312 | +26.2% |
| Accrued charges and deferred income | 492/3 | €3,243 | €2,224 | -€1,020 | -31.4% |
| Non-recurring operating income | 76A | €17,400 | - | -€17,400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,464 | €15,582 | +€2,118 | +15.7% |
| Other operating charges | 640/8 | €5,442 | €5,452 | +€10 | +0.2% |
| Non-recurring operating charges | 66A | €899 | - | -€899 | |
| Gross operating margin | 9900 | €50,677 | €74,178 | +€23,500 | +46.4% |
| Operating profit (loss) | 9901 | €30,872 | €53,144 | +€22,271 | +72.1% |
| Financial income | 75/76B | €6,855 | €80 | -€6,775 | -98.8% |
| Recurring financial income | 75 | €6,855 | €80 | -€6,775 | -98.8% |
| Financial charges | 65/66B | €3,953 | €2,420 | -€1,533 | -38.8% |
| Recurring financial charges | 65 | €3,953 | €2,420 | -€1,533 | -38.8% |
| Profit (loss) for the period before taxes | 9903 | €33,775 | €50,804 | +€17,029 | +50.4% |
| Income taxes | 67/77 | €9,843 | €14,118 | +€4,275 | +43.4% |
| Profit (loss) for the period | 9904 | €23,932 | €36,686 | +€12,755 | +53.3% |
| Profit (loss) for the period to be appropriated | 9905 | €23,932 | €36,686 | +€12,755 | +53.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.