MATHYS-ABBELOOS: 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.
MATHYS-ABBELOOS
Largest movements
- Cash -€123,638
down €123,638 (-27.5%), from €449,010 to €325,373
mainly Other debts (-€59,331) and Investment in fixed assets (net) (-€39,500)
- Tangible fixed assets +€35,927
up €35,927 (+861%), from €4,172 to €40,098
of which Other tangible fixed assets: +€37,322
- Receivables within one year -€7,110
down €7,110 (-16.3%), from €43,659 to €36,550
of which Other amounts receivable: -€19,624
- Other debts -€59,331
down €59,331 (-26.6%), from €223,248 to €163,918
- Accrued charges and deferred income -€28,971
down €28,971 (-90.1%), from €32,156 to €3,186
- Current portion of long-term debt -€26,532
down €26,532 (-91.5%), from €29,009 to €2,477
- Reserves +€24,354
up €24,354 (+14.5%), from €167,621 to €191,976
of which Distributable reserves: +€24,354
- Tax, wage and social debts -€5,794
down €5,794 (-98.5%), from €5,884 to €91
of which Taxes: -€4,994
- Gross operating margin +€28,214
up €28,214 (+249%), from €11,315 to €39,528
- Staff costs -€9,928
down €9,928 (-100%), from €9,928 to €0
- Taxes +€2,435
up €2,435, from €0 to €2,435
- Other operating charges +€1,993
up €1,993 (+33.1%), from €6,014 to €8,006
- Financial charges -€1,445
down €1,445 (-53.8%), from €2,687 to €1,243
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.
Derived cash bridge
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 | €508,949 | €409,631 | -€99,318 | -19.5% |
| Fixed assets | 21/28 | €4,535 | €40,461 | +€35,927 | +792% |
| Tangible fixed assets | 22/27 | €4,172 | €40,098 | +€35,927 | +861% |
| Plant, machinery and equipment | 23 | €1,814 | €419 | -€1,395 | -76.9% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Other tangible fixed assets | 26 | €2,357 | €39,679 | +€37,322 | +1,583% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €504,414 | €369,170 | -€135,244 | -26.8% |
| Stocks and contracts in progress | 3 | €8,310 | €6,848 | -€1,462 | -17.6% |
| Stocks | 30/36 | €8,310 | €6,848 | -€1,462 | -17.6% |
| Amounts receivable within one year | 40/41 | €43,659 | €36,550 | -€7,110 | -16.3% |
| Trade receivables | 40 | €15,421 | €27,934 | +€12,514 | +81.2% |
| Other amounts receivable | 41 | €28,239 | €8,615 | -€19,624 | -69.5% |
| Cash at bank and in hand | 54/58 | €449,010 | €325,373 | -€123,638 | -27.5% |
| Deferred charges and accrued income | 490/1 | €3,434 | €399 | -€3,035 | -88.4% |
| Total equity and liabilities | 10/49 | €508,949 | €409,631 | -€99,318 | -19.5% |
| Equity | 10/15 | €211,152 | €235,506 | +€24,354 | +11.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €167,621 | €191,976 | +€24,354 | +14.5% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €167,621 | €191,976 | +€24,354 | +14.5% |
| Profit (loss) carried forward | 14 | €24,930 | €24,930 | = | 0.0% |
| Amounts payable | 17/49 | €297,797 | €174,125 | -€123,672 | -41.5% |
| Amounts payable after more than one year | 17 | €2,477 | €0 | -€2,477 | -100% |
| Financial debts | 170/4 | €2,477 | €0 | -€2,477 | -100% |
| Amounts payable within one year | 42/48 | €263,164 | €170,939 | -€92,224 | -35.0% |
| Current portion of amounts payable after more than one year | 42 | €29,009 | €2,477 | -€26,532 | -91.5% |
| Financial debts | 43 | €1,276 | €1,268 | -€8 | -0.6% |
| Credit institutions | 430/8 | €1,276 | €1,268 | -€8 | -0.6% |
| Trade debts | 44 | €3,746 | €3,185 | -€560 | -15.0% |
| Suppliers | 440/4 | €3,746 | €3,185 | -€560 | -15.0% |
| Taxes, remuneration and social security | 45 | €5,884 | €91 | -€5,794 | -98.5% |
| Taxes | 450/3 | €5,084 | €91 | -€4,994 | -98.2% |
| Remuneration and social security | 454/9 | €800 | €0 | -€800 | -100% |
| Other amounts payable | 47/48 | €223,248 | €163,918 | -€59,331 | -26.6% |
| Accrued charges and deferred income | 492/3 | €32,156 | €3,186 | -€28,971 | -90.1% |
| Non-recurring operating income | 76A | - | €4,959 | +€4,959 | |
| Remuneration, social security and pensions | 62 | €9,928 | €0 | -€9,928 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,605 | €3,573 | +€969 | +37.2% |
| Other operating charges | 640/8 | €6,014 | €8,006 | +€1,993 | +33.1% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €11,315 | €39,528 | +€28,214 | +249% |
| Operating profit (loss) | 9901 | -€7,231 | €27,949 | +€35,180 | |
| Financial income | 75/76B | €71 | €84 | +€13 | +18.3% |
| Recurring financial income | 75 | €71 | €84 | +€13 | +18.3% |
| Financial charges | 65/66B | €2,687 | €1,243 | -€1,445 | -53.8% |
| Recurring financial charges | 65 | €2,687 | €1,243 | -€1,445 | -53.8% |
| Profit (loss) for the period before taxes | 9903 | -€9,848 | €26,790 | +€36,638 | |
| Income taxes | 67/77 | €0 | €2,435 | +€2,435 | |
| Profit (loss) for the period | 9904 | -€9,848 | €24,354 | +€34,203 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,848 | €24,354 | +€34,203 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.