MATHYSEN IMMO: 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.
MATHYSEN IMMO
Largest movements
- Tangible fixed assets +€71,816
up €71,816 (+12.5%), from €572,346 to €644,162
- Receivables within one year +€15,702
up €15,702 (+567%), from €2,770 to €18,472
- Debts after one year +€42,815
up €42,815 (+8.6%), from €497,375 to €540,191
- Other debts +€39,084
up €39,084 (+75.2%), from €52,000 to €91,084
- Trade debts +€9,854
up €9,854 (+403%), from €2,444 to €12,298
- Profit (loss) carried forward -€7,201
down €7,201 (-31.5%), from -€22,894 to -€30,095
- Gross operating margin +€46,533
up €46,533 (+14,996%), from €310 to €46,844
- Financial charges +€15,302
up €15,302 (+431%), from €3,551 to €18,853
- Depreciation +€11,999
up €11,999 (+70.6%), from €16,984 to €28,982
- Other operating charges +€3,540
up €3,540 (+133%), from €2,670 to €6,209
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 | €583,222 | €667,447 | +€84,226 | +14.4% |
| Fixed assets | 21/28 | €572,346 | €644,162 | +€71,816 | +12.5% |
| Tangible fixed assets | 22/27 | €572,346 | €644,162 | +€71,816 | +12.5% |
| Land and buildings | 22 | €572,346 | €644,162 | +€71,816 | +12.5% |
| Current assets | 29/58 | €10,875 | €23,285 | +€12,410 | +114% |
| Amounts receivable within one year | 40/41 | €2,770 | €18,472 | +€15,702 | +567% |
| Other amounts receivable | 41 | €2,770 | €18,472 | +€15,702 | +567% |
| Cash at bank and in hand | 54/58 | €4,355 | €4,814 | +€458 | +10.5% |
| Deferred charges and accrued income | 490/1 | €3,750 | €0 | -€3,750 | -100% |
| Total equity and liabilities | 10/49 | €583,222 | €667,447 | +€84,226 | +14.4% |
| Equity | 10/15 | €2,106 | -€5,095 | -€7,201 | |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,894 | -€30,095 | -€7,201 | -31.5% |
| Amounts payable | 17/49 | €581,115 | €672,542 | +€91,427 | +15.7% |
| Amounts payable after more than one year | 17 | €497,375 | €540,191 | +€42,815 | +8.6% |
| Financial debts | 170/4 | €497,375 | €540,191 | +€42,815 | +8.6% |
| Amounts payable within one year | 42/48 | €82,490 | €132,351 | +€49,861 | +60.4% |
| Current portion of amounts payable after more than one year | 42 | €28,046 | €28,970 | +€924 | +3.3% |
| Trade debts | 44 | €2,444 | €12,298 | +€9,854 | +403% |
| Suppliers | 440/4 | €2,444 | €12,298 | +€9,854 | +403% |
| Other amounts payable | 47/48 | €52,000 | €91,084 | +€39,084 | +75.2% |
| Accrued charges and deferred income | 492/3 | €1,250 | €0 | -€1,250 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,984 | €28,982 | +€11,999 | +70.6% |
| Other operating charges | 640/8 | €2,670 | €6,209 | +€3,540 | +133% |
| Gross operating margin | 9900 | €310 | €46,844 | +€46,533 | +14,996% |
| Operating profit (loss) | 9901 | -€19,343 | €11,652 | +€30,995 | |
| Financial charges | 65/66B | €3,551 | €18,853 | +€15,302 | +431% |
| Recurring financial charges | 65 | €3,551 | €18,853 | +€15,302 | +431% |
| Profit (loss) for the period before taxes | 9903 | -€22,894 | -€7,201 | +€15,693 | +68.5% |
| Profit (loss) for the period | 9904 | -€22,894 | -€7,201 | +€15,693 | +68.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€22,894 | -€7,201 | +€15,693 | +68.5% |
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 18 October 2026 via checked.be.