MATHYS EN CO: 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 EN CO
Largest movements
- Receivables within one year +€69,800
up €69,800 (+3,182%), from €2,193 to €71,993
of which Trade receivables: +€71,082
- Tangible fixed assets -€37,508
down €37,508 (-27.4%), from €136,678 to €99,169
of which Plant, machinery and equipment: -€40,249
- Cash +€16,146
up €16,146 (+125%), from €12,936 to €29,082
- Stocks and contracts +€4,178
up €4,178 (+8.6%), from €48,422 to €52,599
- Trade debts +€57,990
up €57,990 (+2,669%), from €2,172 to €60,162
- Accrued charges and deferred income -€6,990
no longer reported in 2025 (was €6,990)
- Debts after one year -€6,491
down €6,491 (-5.1%), from €127,251 to €120,761
- Current portion of long-term debt +€6,319
up €6,319 (+58.6%), from €10,792 to €17,111
- Staff costs +€48,815
up €48,815 (+54.2%), from €90,041 to €138,856
- Depreciation -€39,861
down €39,861 (-50.3%), from €79,181 to €39,320
- Gross operating margin +€3,807
up €3,807 (+2.0%), from €186,425 to €190,232
- Other operating charges +€2,001
up €2,001 (+96.0%), from €2,084 to €4,085
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €220,875 | €275,398 | +€54,522 | +24.7% |
| Fixed assets | 21/28 | €136,678 | €99,169 | -€37,508 | -27.4% |
| Tangible fixed assets | 22/27 | €136,678 | €99,169 | -€37,508 | -27.4% |
| Land and buildings | 22 | €6,082 | €3,935 | -€2,148 | -35.3% |
| Plant, machinery and equipment | 23 | €104,429 | €64,180 | -€40,249 | -38.5% |
| Furniture and vehicles | 24 | €26,166 | €31,055 | +€4,889 | +18.7% |
| Current assets | 29/58 | €84,198 | €176,228 | +€92,031 | +109% |
| Stocks and contracts in progress | 3 | €48,422 | €52,599 | +€4,178 | +8.6% |
| Stocks | 30/36 | €48,422 | €52,599 | +€4,178 | +8.6% |
| Amounts receivable within one year | 40/41 | €2,193 | €71,993 | +€69,800 | +3,182% |
| Trade receivables | 40 | - | €71,082 | +€71,082 | |
| Other amounts receivable | 41 | €2,193 | €911 | -€1,283 | -58.5% |
| Cash at bank and in hand | 54/58 | €12,936 | €29,082 | +€16,146 | +125% |
| Deferred charges and accrued income | 490/1 | €20,646 | €22,554 | +€1,908 | +9.2% |
| Total equity and liabilities | 10/49 | €220,875 | €275,398 | +€54,522 | +24.7% |
| Equity | 10/15 | €65,149 | €66,622 | +€1,473 | +2.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Contributions outside capital | 11 | €5,000 | €5,000 | = | 0.0% |
| Other | 1109/19 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €1,783 | €1,783 | = | 0.0% |
| Distributable reserves | 133 | €1,783 | €1,783 | = | 0.0% |
| Profit (loss) carried forward | 14 | €58,366 | €59,839 | +€1,473 | +2.5% |
| Amounts payable | 17/49 | €155,726 | €208,775 | +€53,049 | +34.1% |
| Amounts payable after more than one year | 17 | €127,251 | €120,761 | -€6,491 | -5.1% |
| Financial debts | 170/4 | €127,251 | €120,761 | -€6,491 | -5.1% |
| Amounts payable within one year | 42/48 | €21,485 | €88,015 | +€66,530 | +310% |
| Current portion of amounts payable after more than one year | 42 | €10,792 | €17,111 | +€6,319 | +58.6% |
| Trade debts | 44 | €2,172 | €60,162 | +€57,990 | +2,669% |
| Suppliers | 440/4 | €2,172 | €60,162 | +€57,990 | +2,669% |
| Taxes, remuneration and social security | 45 | €8,521 | €10,741 | +€2,221 | +26.1% |
| Taxes | 450/3 | €3,057 | €2,450 | -€607 | -19.9% |
| Remuneration and social security | 454/9 | €5,464 | €8,292 | +€2,828 | +51.8% |
| Accrued charges and deferred income | 492/3 | €6,990 | - | -€6,990 | |
| Remuneration, social security and pensions | 62 | €90,041 | €138,856 | +€48,815 | +54.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €79,181 | €39,320 | -€39,861 | -50.3% |
| Other operating charges | 640/8 | €2,084 | €4,085 | +€2,001 | +96.0% |
| Non-recurring operating charges | 66A | €180 | - | -€180 | |
| Gross operating margin | 9900 | €186,425 | €190,232 | +€3,807 | +2.0% |
| Operating profit (loss) | 9901 | €14,941 | €7,972 | -€6,969 | -46.6% |
| Financial income | 75/76B | €148 | €211 | +€63 | +42.4% |
| Recurring financial income | 75 | €148 | €211 | +€63 | +42.4% |
| Financial charges | 65/66B | €6,794 | €6,781 | -€13 | -0.2% |
| Recurring financial charges | 65 | €6,794 | €6,781 | -€13 | -0.2% |
| Profit (loss) for the period before taxes | 9903 | €8,295 | €1,402 | -€6,893 | -83.1% |
| Income taxes | 67/77 | €1,791 | €595 | -€1,196 | -66.8% |
| Profit (loss) for the period | 9904 | €6,504 | €807 | -€5,697 | -87.6% |
| Profit (loss) for the period to be appropriated | 9905 | €6,504 | €807 | -€5,697 | -87.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.