MATIAS: 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.
MATIAS
Largest movements
- Tangible fixed assets -€12,565
down €12,565 (-9.1%), from €138,493 to €125,928
of which Land and buildings: -€7,212
- Receivables within one year -€3,630
down €3,630 (-27.0%), from €13,462 to €9,832
of which Trade receivables: -€3,630
- Cash +€2,735
up €2,735 (+8.5%), from €32,198 to €34,933
mainly Depreciation (+€12,565) and Other debts (+€5,476)
- Tax, wage and social debts -€10,325
down €10,325 (-53.9%), from €19,154 to €8,829
- Reserves -€9,368
down €9,368 (-8.2%), from €114,279 to €104,911
- Other debts +€5,476
up €5,476 (+12.7%), from €43,119 to €48,595
- Gross operating margin -€34,452
down €34,452 (-64.5%), from €53,425 to €18,973
- Taxes -€10,110
down €10,110 (-89.8%), from €11,257 to €1,148
- Depreciation +€1,289
up €1,289 (+11.4%), from €11,276 to €12,565
- Financial charges +€717
up €717 (+41.8%), from €1,715 to €2,433
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.
Cash bridge derived
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 | €187,283 | €173,984 | -€13,299 | -7.1% |
| Fixed assets | 21/28 | €138,493 | €125,928 | -€12,565 | -9.1% |
| Tangible fixed assets | 22/27 | €138,493 | €125,928 | -€12,565 | -9.1% |
| Land and buildings | 22 | €122,391 | €115,179 | -€7,212 | -5.9% |
| Plant, machinery and equipment | 23 | €10,588 | €9,014 | -€1,574 | -14.9% |
| Furniture and vehicles | 24 | €5,514 | €1,735 | -€3,779 | -68.5% |
| Current assets | 29/58 | €48,790 | €48,056 | -€734 | -1.5% |
| Amounts receivable within one year | 40/41 | €13,462 | €9,832 | -€3,630 | -27.0% |
| Trade receivables | 40 | €12,100 | €8,470 | -€3,630 | -30.0% |
| Other amounts receivable | 41 | €1,362 | €1,362 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €32,198 | €34,933 | +€2,735 | +8.5% |
| Deferred charges and accrued income | 490/1 | €3,130 | €3,291 | +€161 | +5.1% |
| Total equity and liabilities | 10/49 | €187,283 | €173,984 | -€13,299 | -7.1% |
| Equity | 10/15 | €120,479 | €111,111 | -€9,368 | -7.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €114,279 | €104,911 | -€9,368 | -8.2% |
| Distributable reserves | 133 | €114,279 | €104,911 | -€9,368 | -8.2% |
| Amounts payable | 17/49 | €66,804 | €62,873 | -€3,931 | -5.9% |
| Amounts payable within one year | 42/48 | €66,804 | €62,873 | -€3,931 | -5.9% |
| Trade debts | 44 | €4,531 | €5,449 | +€918 | +20.3% |
| Suppliers | 440/4 | €4,531 | €5,449 | +€918 | +20.3% |
| Taxes, remuneration and social security | 45 | €19,154 | €8,829 | -€10,325 | -53.9% |
| Taxes | 450/3 | €19,154 | €8,829 | -€10,325 | -53.9% |
| Other amounts payable | 47/48 | €43,119 | €48,595 | +€5,476 | +12.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,276 | €12,565 | +€1,289 | +11.4% |
| Other operating charges | 640/8 | €2,980 | €2,806 | -€174 | -5.8% |
| Gross operating margin | 9900 | €53,425 | €18,973 | -€34,452 | -64.5% |
| Operating profit (loss) | 9901 | €39,169 | €3,602 | -€35,567 | -90.8% |
| Financial charges | 65/66B | €1,715 | €2,433 | +€717 | +41.8% |
| Recurring financial charges | 65 | €1,715 | €2,433 | +€717 | +41.8% |
| Profit (loss) for the period before taxes | 9903 | €37,453 | €1,169 | -€36,284 | -96.9% |
| Income taxes | 67/77 | €11,257 | €1,148 | -€10,110 | -89.8% |
| Profit (loss) for the period | 9904 | €26,196 | €21 | -€26,175 | -99.9% |
| Profit (loss) for the period to be appropriated | 9905 | €26,196 | €21 | -€26,175 | -99.9% |
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 11 October 2026 via checked.be.