MATHYS PEINT SPRL: 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 PEINT SPRL
Largest movements
- Cash +€24,360
up €24,360 (+22.1%), from €110,061 to €134,421
mainly Trade debts (+€54,883) and Other debts (+€28,709)
- Receivables within one year +€15,668
up €15,668 (+6.7%), from €233,134 to €248,802
of which Other amounts receivable: +€18,386
- Stocks and contracts +€6,551
up €6,551 (+34.7%), from €18,867 to €25,418
of which Stocks: +€3,551
- Deferred charges and accrued income +€4,829
up €4,829 (+90.7%), from €5,324 to €10,152
- Trade debts +€54,883
up €54,883 (+63.1%), from €86,983 to €141,866
- Reserves -€30,639
down €30,639 (-27.4%), from €111,686 to €81,047
of which Distributable reserves: -€30,639
- Other debts +€28,709
up €28,709 (+52.0%), from €55,211 to €83,920
- Gross operating margin +€49,954
up €49,954 (+10.2%), from €489,885 to €539,839
- Write-downs +€15,903
up €15,903, from -€5,232 to €10,671
- Staff costs +€8,329
up €8,329 (+1.7%), from €481,718 to €490,047
- Taxes +€8,162
up €8,162 (+392%), from €2,083 to €10,245
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 | €375,327 | €429,620 | +€54,293 | +14.5% |
| Fixed assets | 21/28 | €7,941 | €10,826 | +€2,885 | +36.3% |
| Tangible fixed assets | 22/27 | €7,248 | €10,133 | +€2,885 | +39.8% |
| Plant, machinery and equipment | 23 | €2,953 | €8,960 | +€6,007 | +203% |
| Furniture and vehicles | 24 | €4,295 | €1,173 | -€3,122 | -72.7% |
| Financial fixed assets | 28 | €693 | €693 | = | 0.0% |
| Current assets | 29/58 | €367,386 | €418,793 | +€51,408 | +14.0% |
| Stocks and contracts in progress | 3 | €18,867 | €25,418 | +€6,551 | +34.7% |
| Stocks | 30/36 | €6,867 | €10,418 | +€3,551 | +51.7% |
| Contracts in progress | 37 | €12,000 | €15,000 | +€3,000 | +25.0% |
| Amounts receivable within one year | 40/41 | €233,134 | €248,802 | +€15,668 | +6.7% |
| Trade receivables | 40 | €152,867 | €150,149 | -€2,718 | -1.8% |
| Other amounts receivable | 41 | €80,267 | €98,653 | +€18,386 | +22.9% |
| Cash at bank and in hand | 54/58 | €110,061 | €134,421 | +€24,360 | +22.1% |
| Deferred charges and accrued income | 490/1 | €5,324 | €10,152 | +€4,829 | +90.7% |
| Total equity and liabilities | 10/49 | €375,327 | €429,620 | +€54,293 | +14.5% |
| Equity | 10/15 | €181,166 | €150,527 | -€30,639 | -16.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €111,686 | €81,047 | -€30,639 | -27.4% |
| 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 | €109,826 | €79,187 | -€30,639 | -27.9% |
| Profit (loss) carried forward | 14 | €50,880 | €50,880 | = | 0.0% |
| Amounts payable | 17/49 | €194,161 | €279,093 | +€84,932 | +43.7% |
| Amounts payable within one year | 42/48 | €194,161 | €279,093 | +€84,932 | +43.7% |
| Current portion of amounts payable after more than one year | 42 | €6,646 | €4,045 | -€2,602 | -39.1% |
| Trade debts | 44 | €86,983 | €141,866 | +€54,883 | +63.1% |
| Suppliers | 440/4 | €86,983 | €141,866 | +€54,883 | +63.1% |
| Taxes, remuneration and social security | 45 | €45,320 | €49,261 | +€3,941 | +8.7% |
| Taxes | 450/3 | €23,753 | €7,530 | -€16,223 | -68.3% |
| Remuneration and social security | 454/9 | €21,568 | €41,732 | +€20,164 | +93.5% |
| Other amounts payable | 47/48 | €55,211 | €83,920 | +€28,709 | +52.0% |
| Remuneration, social security and pensions | 62 | €481,718 | €490,047 | +€8,329 | +1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,449 | €4,665 | -€3,784 | -44.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€5,232 | €10,671 | +€15,903 | |
| Other operating charges | 640/8 | €2,900 | €2,589 | -€311 | -10.7% |
| Gross operating margin | 9900 | €489,885 | €539,839 | +€49,954 | +10.2% |
| Operating profit (loss) | 9901 | €2,050 | €31,868 | +€29,818 | +1,455% |
| Financial income | 75/76B | €154 | €154 | +€1 | +0.4% |
| Recurring financial income | 75 | €154 | €154 | +€1 | +0.4% |
| Financial charges | 65/66B | €6,025 | €4,924 | -€1,101 | -18.3% |
| Recurring financial charges | 65 | €6,025 | €4,924 | -€1,101 | -18.3% |
| Profit (loss) for the period before taxes | 9903 | -€3,822 | €27,099 | +€30,920 | |
| Income taxes | 67/77 | €2,083 | €10,245 | +€8,162 | +392% |
| Profit (loss) for the period | 9904 | -€5,905 | €16,854 | +€22,758 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,905 | €16,854 | +€22,758 |
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 20 October 2026 via checked.be.