MATHYCO VASTGOED: what changed
MATHYCO VASTGOED
Largest movements
- Cash +€20,685
up €20,685 (+316%), from €6,551 to €27,236
mainly Depreciation (+€16,054) and Receivables within one year (+€7,379)
- Tangible fixed assets -€16,054
down €16,054 (-3.4%), from €470,040 to €453,985
of which Land and buildings: -€15,371
- Receivables within one year -€7,379
down €7,379 (-98.9%), from €7,462 to €83
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin -€177,879
down €177,879 (-91.7%), from €194,022 to €16,143
- Taxes -€67,816
down €67,816 (-99.3%), from €68,276 to €460
- Financial income -€2,721
down €2,721 (-99.4%), from €2,738 to €18
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 | €526,142 | €523,304 | -€2,838 | -0.5% |
| Fixed assets | 21/28 | €470,040 | €453,985 | -€16,054 | -3.4% |
| Tangible fixed assets | 22/27 | €470,040 | €453,985 | -€16,054 | -3.4% |
| Land and buildings | 22 | €463,253 | €447,882 | -€15,371 | -3.3% |
| Plant, machinery and equipment | 23 | €5,746 | €5,062 | -€684 | -11.9% |
| Furniture and vehicles | 24 | €1,041 | €1,041 | = | 0.0% |
| Current assets | 29/58 | €56,102 | €69,318 | +€13,216 | +23.6% |
| Amounts receivable within one year | 40/41 | €7,462 | €83 | -€7,379 | -98.9% |
| Other amounts receivable | 41 | €7,462 | €83 | -€7,379 | -98.9% |
| Current investments | 50/53 | €42,090 | €42,000 | -€90 | -0.2% |
| Cash at bank and in hand | 54/58 | €6,551 | €27,236 | +€20,685 | +316% |
| Total equity and liabilities | 10/49 | €526,142 | €523,304 | -€2,838 | -0.5% |
| Equity | 10/15 | €418,175 | €415,208 | -€2,968 | -0.7% |
| Contributions | 10/11 | €225,000 | €225,000 | = | 0.0% |
| Contributions outside capital | 11 | €225,000 | €225,000 | = | 0.0% |
| Other | 1109/19 | €225,000 | €225,000 | = | 0.0% |
| Reserves | 13 | €193,175 | €193,175 | = | 0.0% |
| Distributable reserves | 133 | €193,175 | €193,175 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€2,968 | -€2,968 | |
| Amounts payable | 17/49 | €107,966 | €108,096 | +€129 | +0.1% |
| Amounts payable within one year | 42/48 | €107,966 | €108,096 | +€129 | +0.1% |
| Trade debts | 44 | €211 | €92 | -€119 | -56.4% |
| Suppliers | 440/4 | €211 | €92 | -€119 | -56.4% |
| Taxes, remuneration and social security | 45 | €35,586 | €36,196 | +€610 | +1.7% |
| Taxes | 450/3 | €35,586 | €36,196 | +€610 | +1.7% |
| Other amounts payable | 47/48 | €72,170 | €71,808 | -€362 | -0.5% |
| Non-recurring operating income | 76A | €189,221 | - | -€189,221 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,054 | €16,054 | = | 0.0% |
| Other operating charges | 640/8 | €3,899 | €2,575 | -€1,324 | -34.0% |
| Gross operating margin | 9900 | €194,022 | €16,143 | -€177,879 | -91.7% |
| Operating profit (loss) | 9901 | €174,068 | -€2,487 | -€176,555 | |
| Financial income | 75/76B | €2,738 | €18 | -€2,721 | -99.4% |
| Recurring financial income | 75 | €2,738 | €18 | -€2,721 | -99.4% |
| Financial charges | 65/66B | €156 | €38 | -€118 | -75.8% |
| Recurring financial charges | 65 | €156 | €38 | -€118 | -75.8% |
| Profit (loss) for the period before taxes | 9903 | €176,651 | -€2,507 | -€179,158 | |
| Income taxes | 67/77 | €68,276 | €460 | -€67,816 | -99.3% |
| Profit (loss) for the period | 9904 | €108,375 | -€2,968 | -€111,342 | |
| Profit (loss) for the period to be appropriated | 9905 | €108,375 | -€2,968 | -€111,342 |
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 5 November 2026 via checked.be.