MATHYSEN INDUSTRIE: 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 INDUSTRIE
Largest movements
- Receivables within one year -€88,342
down €88,342 (-25.7%), from €343,149 to €254,807
of which Trade receivables: -€50,532
- Tangible fixed assets -€33,731
down €33,731 (-54.3%), from €62,154 to €28,423
of which Furniture and vehicles: -€24,204
- Stocks and contracts -€8,900
down €8,900 (-3.1%), from €291,075 to €282,175
- Profit (loss) carried forward -€64,110
down €64,110 (-56.6%), from €113,288 to €49,177
- Debts after one year -€35,031
down €35,031 (-21.2%), from €164,876 to €129,845
of which Other amounts payable: -€30,000
- Other debts +€22,417
up €22,417 (+25.4%), from €88,292 to €110,709
- Trade debts -€21,635
down €21,635 (-13.5%), from €160,075 to €138,440
of which Suppliers: -€21,635
- Tax, wage and social debts -€15,793
down €15,793 (-35.1%), from €44,976 to €29,183
of which Taxes: -€10,778
- Gross operating margin -€231,785
down €231,785 (-62.5%), from €370,857 to €139,072
- Staff costs -€81,996
down €81,996 (-35.1%), from €233,853 to €151,858
- Other operating charges -€18,867
down €18,867 (-87.1%), from €21,665 to €2,798
- Depreciation -€12,819
down €12,819 (-44.7%), from €28,649 to €15,829
- Taxes -€6,221
down €6,221 (-89.5%), from €6,953 to €733
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 | €719,965 | €600,643 | -€119,322 | -16.6% |
| Fixed assets | 21/28 | €62,175 | €28,423 | -€33,751 | -54.3% |
| Intangible fixed assets | 21 | €21 | €0 | -€21 | -100% |
| Tangible fixed assets | 22/27 | €62,154 | €28,423 | -€33,731 | -54.3% |
| Land and buildings | 22 | €21,268 | €16,515 | -€4,753 | -22.3% |
| Plant, machinery and equipment | 23 | €8,321 | €3,547 | -€4,774 | -57.4% |
| Furniture and vehicles | 24 | €32,565 | €8,361 | -€24,204 | -74.3% |
| Current assets | 29/58 | €657,790 | €572,219 | -€85,571 | -13.0% |
| Stocks and contracts in progress | 3 | €291,075 | €282,175 | -€8,900 | -3.1% |
| Stocks | 30/36 | €291,075 | €282,175 | -€8,900 | -3.1% |
| Amounts receivable within one year | 40/41 | €343,149 | €254,807 | -€88,342 | -25.7% |
| Trade receivables | 40 | €201,279 | €150,747 | -€50,532 | -25.1% |
| Other amounts receivable | 41 | €141,870 | €104,060 | -€37,810 | -26.7% |
| Cash at bank and in hand | 54/58 | €16,461 | €22,954 | +€6,493 | +39.4% |
| Deferred charges and accrued income | 490/1 | €7,106 | €12,283 | +€5,178 | +72.9% |
| Total equity and liabilities | 10/49 | €719,965 | €600,643 | -€119,322 | -16.6% |
| Equity | 10/15 | €133,748 | €69,637 | -€64,110 | -47.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €113,288 | €49,177 | -€64,110 | -56.6% |
| Amounts payable | 17/49 | €586,217 | €531,006 | -€55,212 | -9.4% |
| Amounts payable after more than one year | 17 | €164,876 | €129,845 | -€35,031 | -21.2% |
| Financial debts | 170/4 | €34,876 | €29,845 | -€5,031 | -14.4% |
| Other amounts payable | 178/9 | €130,000 | €100,000 | -€30,000 | -23.1% |
| Amounts payable within one year | 42/48 | €417,446 | €399,115 | -€18,332 | -4.4% |
| Current portion of amounts payable after more than one year | 42 | €44,104 | €39,733 | -€4,371 | -9.9% |
| Financial debts | 43 | €80,000 | €80,051 | +€51 | +0.1% |
| Credit institutions | 430/8 | - | €51 | +€51 | |
| Other loans | 439 | €80,000 | €80,000 | = | 0.0% |
| Trade debts | 44 | €160,075 | €138,440 | -€21,635 | -13.5% |
| Suppliers | 440/4 | €160,075 | €138,440 | -€21,635 | -13.5% |
| Bills of exchange payable | 441 | €0 | - | = | |
| Advances received on contracts in progress | 46 | - | €1,000 | +€1,000 | |
| Taxes, remuneration and social security | 45 | €44,976 | €29,183 | -€15,793 | -35.1% |
| Taxes | 450/3 | €25,447 | €14,669 | -€10,778 | -42.4% |
| Remuneration and social security | 454/9 | €19,529 | €14,514 | -€5,015 | -25.7% |
| Other amounts payable | 47/48 | €88,292 | €110,709 | +€22,417 | +25.4% |
| Accrued charges and deferred income | 492/3 | €3,895 | €2,046 | -€1,849 | -47.5% |
| Non-recurring operating income | 76A | €23,881 | €0 | -€23,881 | -100% |
| Remuneration, social security and pensions | 62 | €233,853 | €151,858 | -€81,996 | -35.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,649 | €15,829 | -€12,819 | -44.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €21,665 | €2,798 | -€18,867 | -87.1% |
| Non-recurring operating charges | 66A | €0 | €15,850 | +€15,850 | +158,499,900% |
| Gross operating margin | 9900 | €370,857 | €139,072 | -€231,785 | -62.5% |
| Operating profit (loss) | 9901 | €86,690 | -€47,264 | -€133,954 | |
| Financial income | 75/76B | €3,293 | €3,778 | +€485 | +14.7% |
| Recurring financial income | 75 | €3,293 | €3,778 | +€485 | +14.7% |
| Financial charges | 65/66B | €22,423 | €19,892 | -€2,530 | -11.3% |
| Recurring financial charges | 65 | €22,423 | €19,892 | -€2,530 | -11.3% |
| Profit (loss) for the period before taxes | 9903 | €67,561 | -€63,378 | -€130,938 | |
| Income taxes | 67/77 | €6,953 | €733 | -€6,221 | -89.5% |
| Profit (loss) for the period | 9904 | €60,607 | -€64,110 | -€124,718 | |
| Profit (loss) for the period to be appropriated | 9905 | €60,607 | -€64,110 | -€124,718 |
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 27 October 2026 via checked.be.