MATHYS MARC: 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 MARC
Largest movements
- Cash +€159,507
up €159,507 (+443%), from €36,004 to €195,511
mainly Net result for the year (+€135,340) and Investment in fixed assets (net) (+€65,063)
- Tangible fixed assets -€69,789
down €69,789 (-96.8%), from €72,133 to €2,344
of which Land and buildings: -€63,473
- Receivables within one year +€18,991
up €18,991 (+261%), from €7,269 to €26,260
of which Other amounts receivable: +€11,592
- Reserves +€135,300
up €135,300 (+235%), from €57,460 to €192,760
of which Distributable reserves: +€135,300
- Other debts -€34,290
no longer reported in 2025 (was €34,290)
- Tax, wage and social debts +€11,087
up €11,087 (+390%), from €2,840 to €13,927
- Accrued charges and deferred income -€2,632
down €2,632 (-100.0%), from €2,632 to €0
- Gross operating margin +€147,799
up €147,799 (+258%), from €57,260 to €205,059
- Taxes +€47,942
up €47,942 (+296%), from €16,224 to €64,166
- Depreciation -€4,270
down €4,270 (-47.5%), from €8,996 to €4,726
- Financial charges -€2,313
down €2,313 (-84.1%), from €2,749 to €436
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 | €116,827 | €225,349 | +€108,522 | +92.9% |
| Fixed assets | 21/28 | €72,133 | €2,344 | -€69,789 | -96.8% |
| Tangible fixed assets | 22/27 | €72,133 | €2,344 | -€69,789 | -96.8% |
| Land and buildings | 22 | €63,473 | - | -€63,473 | |
| Plant, machinery and equipment | 23 | €2,994 | €25 | -€2,969 | -99.2% |
| Furniture and vehicles | 24 | €5,665 | €2,319 | -€3,347 | -59.1% |
| Current assets | 29/58 | €44,694 | €223,005 | +€178,311 | +399% |
| Amounts receivable within one year | 40/41 | €7,269 | €26,260 | +€18,991 | +261% |
| Trade receivables | 40 | - | €7,399 | +€7,399 | |
| Other amounts receivable | 41 | €7,269 | €18,861 | +€11,592 | +159% |
| Cash at bank and in hand | 54/58 | €36,004 | €195,511 | +€159,507 | +443% |
| Deferred charges and accrued income | 490/1 | €1,421 | €1,234 | -€187 | -13.2% |
| Total equity and liabilities | 10/49 | €116,827 | €225,349 | +€108,522 | +92.9% |
| Equity | 10/15 | €74,214 | €209,554 | +€135,340 | +182% |
| Contributions | 10/11 | €6,205 | €6,205 | = | 0.0% |
| Reserves | 13 | €57,460 | €192,760 | +€135,300 | +235% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €55,600 | €190,900 | +€135,300 | +243% |
| Profit (loss) carried forward | 14 | €10,549 | €10,589 | +€40 | +0.4% |
| Amounts payable | 17/49 | €42,612 | €15,795 | -€26,818 | -62.9% |
| Amounts payable within one year | 42/48 | €39,980 | €15,794 | -€24,186 | -60.5% |
| Financial debts | 43 | €95 | - | -€95 | |
| Credit institutions | 430/8 | €95 | - | -€95 | |
| Trade debts | 44 | €2,755 | €1,868 | -€888 | -32.2% |
| Suppliers | 440/4 | €2,755 | €1,868 | -€888 | -32.2% |
| Taxes, remuneration and social security | 45 | €2,840 | €13,927 | +€11,087 | +390% |
| Taxes | 450/3 | €2,840 | €13,927 | +€11,087 | +390% |
| Other amounts payable | 47/48 | €34,290 | - | -€34,290 | |
| Accrued charges and deferred income | 492/3 | €2,632 | €0 | -€2,632 | -100.0% |
| Non-recurring operating income | 76A | - | €228,178 | +€228,178 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,996 | €4,726 | -€4,270 | -47.5% |
| Other operating charges | 640/8 | €893 | €772 | -€122 | -13.6% |
| Non-recurring operating charges | 66A | - | €95 | +€95 | |
| Gross operating margin | 9900 | €57,260 | €205,059 | +€147,799 | +258% |
| Operating profit (loss) | 9901 | €47,371 | €199,467 | +€152,096 | +321% |
| Financial income | 75/76B | €105 | €475 | +€370 | +353% |
| Recurring financial income | 75 | €105 | €475 | +€370 | +353% |
| Financial charges | 65/66B | €2,749 | €436 | -€2,313 | -84.1% |
| Recurring financial charges | 65 | €2,749 | €436 | -€2,313 | -84.1% |
| Profit (loss) for the period before taxes | 9903 | €44,728 | €199,506 | +€154,778 | +346% |
| Income taxes | 67/77 | €16,224 | €64,166 | +€47,942 | +296% |
| Profit (loss) for the period | 9904 | €28,504 | €135,340 | +€106,836 | +375% |
| Profit (loss) for the period to be appropriated | 9905 | €28,504 | €135,340 | +€106,836 | +375% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.