MATHVILI: 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.
MATHVILI
Largest movements
- Cash +€65
up €65 (+348.6%), from €19 to €83
mainly Other debts (+€1,300)
- Other debts +€1,300
up €1,300 (+11.5%), from €11,258 to €12,558
- Profit (loss) carried forward -€1,235
down €1,235 (-2.3%), from -€54,789 to -€56,025
- Gross operating margin +€531
up €531 (+45.1%), from -€1,178 to -€647
- Financial charges -€48
down €48 (-51.7%), from €93 to €45
- Other operating charges +€16
up €16 (+3.0%), from €528 to €544
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 | €19 | €83 | +€65 | +348.6% |
| Current assets | 29/58 | €19 | €83 | +€65 | +348.6% |
| Cash at bank and in hand | 54/58 | €19 | €83 | +€65 | +348.6% |
| Total equity and liabilities | 10/49 | €19 | €83 | +€65 | +348.6% |
| Equity | 10/15 | -€36,239 | -€37,475 | -€1,235 | -3.4% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€54,789 | -€56,025 | -€1,235 | -2.3% |
| Amounts payable | 17/49 | €36,258 | €37,558 | +€1,300 | +3.6% |
| Amounts payable after more than one year | 17 | €25,000 | €25,000 | = | 0.0% |
| Other amounts payable | 178/9 | €25,000 | €25,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €11,258 | €12,558 | +€1,300 | +11.5% |
| Other amounts payable | 47/48 | €11,258 | €12,558 | +€1,300 | +11.5% |
| Other operating charges | 640/8 | €528 | €544 | +€16 | +3.0% |
| Gross operating margin | 9900 | -€1,178 | -€647 | +€531 | +45.1% |
| Operating profit (loss) | 9901 | -€1,705 | -€1,190 | +€515 | +30.2% |
| Financial charges | 65/66B | €93 | €45 | -€48 | -51.7% |
| Recurring financial charges | 65 | €93 | €45 | -€48 | -51.7% |
| Profit (loss) for the period before taxes | 9903 | -€1,799 | -€1,235 | +€563 | +31.3% |
| Profit (loss) for the period | 9904 | -€1,799 | -€1,235 | +€563 | +31.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,799 | -€1,235 | +€563 | +31.3% |
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 6 October 2026 via checked.be.