MATIATE: what changed
Two fiscal 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.
MATIATE
Largest movements
- Receivables after one year +€481,417
new in 2024: €481,417
- Receivables within one year -€337,656
down €337,656 (-51.3%), from €658,535 to €320,879
of which Other amounts receivable: -€337,763
- Cash -€50,830
down €50,830 (-8.9%), from €574,011 to €523,181
mainly Receivables after one year (-€481,417) and Trade debts (-€64,401)
- Profit (loss) carried forward +€133,427
up €133,427 (+13.2%), from €1.0m to €1.1m
- Trade debts -€64,401
down €64,401 (-42.0%), from €153,323 to €88,921
- Tax, wage and social debts +€35,004
up €35,004 (+30.3%), from €115,655 to €150,659
of which Taxes: +€25,540
- Gross operating margin +€246,388
up €246,388 (+47.6%), from €517,628 to €764,016
- Staff costs +€70,343
up €70,343 (+14.6%), from €482,081 to €552,424
- Taxes +€46,121
up €46,121 (+1142.2%), from €4,038 to €50,159
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,399,786 | €1,500,937 | +€101,152 | +7.2% |
| Fixed assets | 21/28 | €151,385 | €159,930 | +€8,545 | +5.6% |
| Tangible fixed assets | 22/27 | €149,885 | €158,430 | +€8,545 | +5.7% |
| Land and buildings | 22 | €9,994 | €26,256 | +€16,262 | +162.7% |
| Plant, machinery and equipment | 23 | €38,764 | €39,511 | +€746 | +1.9% |
| Furniture and vehicles | 24 | €36,100 | €36,927 | +€826 | +2.3% |
| Other tangible fixed assets | 26 | €65,026 | €55,737 | -€9,290 | -14.3% |
| Financial fixed assets | 28 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €1,248,400 | €1,341,007 | +€92,607 | +7.4% |
| Amounts receivable after more than one year | 29 | - | €481,417 | +€481,417 | |
| Other amounts receivable | 291 | - | €481,417 | +€481,417 | |
| Stocks and contracts in progress | 3 | €15,620 | €15,530 | -€90 | -0.6% |
| Stocks | 30/36 | €15,620 | €15,530 | -€90 | -0.6% |
| Amounts receivable within one year | 40/41 | €658,535 | €320,879 | -€337,656 | -51.3% |
| Trade receivables | 40 | - | €107 | +€107 | |
| Other amounts receivable | 41 | €658,535 | €320,772 | -€337,763 | -51.3% |
| Cash at bank and in hand | 54/58 | €574,011 | €523,181 | -€50,830 | -8.9% |
| Deferred charges and accrued income | 490/1 | €235 | - | -€235 | |
| Total equity and liabilities | 10/49 | €1,399,786 | €1,500,937 | +€101,152 | +7.2% |
| Equity | 10/15 | €1,104,980 | €1,238,406 | +€133,427 | +12.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €76,908 | €76,908 | = | 0.0% |
| Tax-exempt reserves | 132 | €75,048 | €75,048 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,009,472 | €1,142,898 | +€133,427 | +13.2% |
| Amounts payable | 17/49 | €294,806 | €262,531 | -€32,275 | -10.9% |
| Amounts payable within one year | 42/48 | €294,806 | €262,531 | -€32,275 | -10.9% |
| Current portion of amounts payable after more than one year | 42 | €2,550 | - | -€2,550 | |
| Financial debts | 43 | €23,279 | €22,951 | -€328 | -1.4% |
| Credit institutions | 430/8 | €23,279 | €22,951 | -€328 | -1.4% |
| Trade debts | 44 | €153,323 | €88,921 | -€64,401 | -42.0% |
| Suppliers | 440/4 | €153,323 | €88,921 | -€64,401 | -42.0% |
| Taxes, remuneration and social security | 45 | €115,655 | €150,659 | +€35,004 | +30.3% |
| Taxes | 450/3 | €42,253 | €67,793 | +€25,540 | +60.4% |
| Remuneration and social security | 454/9 | €73,401 | €82,866 | +€9,465 | +12.9% |
| Remuneration, social security and pensions | 62 | €482,081 | €552,424 | +€70,343 | +14.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,119 | €33,821 | -€7,298 | -17.7% |
| Other operating charges | 640/8 | €6,174 | €7,967 | +€1,793 | +29.0% |
| Gross operating margin | 9900 | €517,628 | €764,016 | +€246,388 | +47.6% |
| Operating profit (loss) | 9901 | -€11,745 | €169,804 | +€181,549 | |
| Financial income | 75/76B | €25,020 | €19,396 | -€5,624 | -22.5% |
| Recurring financial income | 75 | €25,020 | €19,396 | -€5,624 | -22.5% |
| Financial charges | 65/66B | €4,128 | €5,615 | +€1,486 | +36.0% |
| Recurring financial charges | 65 | €4,128 | €5,615 | +€1,486 | +36.0% |
| Profit (loss) for the period before taxes | 9903 | €9,146 | €183,585 | +€174,439 | +1907.2% |
| Income taxes | 67/77 | €4,038 | €50,159 | +€46,121 | +1142.2% |
| Profit (loss) for the period | 9904 | €5,108 | €133,427 | +€128,318 | +2511.9% |
| Profit (loss) for the period to be appropriated | 9905 | €5,108 | €133,427 | +€128,318 | +2511.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.