MATIBAS CONCEPT: 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.
MATIBAS CONCEPT
Largest movements
- Receivables within one year -€270,693
down €270,693 (-58.8%), from €460,693 to €190,000
of which Other amounts receivable: -€270,693
- Cash -€157,267
down €157,267 (-74.3%), from €211,736 to €54,469
mainly Contributions, distributions and other (-€910,000)
- Financial fixed assets -€10,000
down €10,000 (-33.3%), from €30,000 to €20,000
- Contributions -€910,000
down €910,000 (-66.5%), from €1.4m to €459,149
- Other debts +€260,718
new in 2025: €260,718
- Profit (loss) carried forward +€200,372
up €200,372 (+31.2%), from -€643,242 to -€442,869
- Financial income +€182,382
up €182,382 (+1902.1%), from €9,588 to €191,971
- Gross operating margin -€4,237
down €4,237 (-14.9%), from €28,496 to €24,259
- Taxes +€3,411
up €3,411, from €0 to €3,411
- Financial charges +€412
up €412 (+44.8%), from €920 to €1,333
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 | €770,492 | €323,938 | -€446,554 | -58.0% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €95,290 | €78,846 | -€16,445 | -17.3% |
| Tangible fixed assets | 22/27 | €65,290 | €58,846 | -€6,445 | -9.9% |
| Land and buildings | 22 | €65,290 | €58,846 | -€6,445 | -9.9% |
| Financial fixed assets | 28 | €30,000 | €20,000 | -€10,000 | -33.3% |
| Current assets | 29/58 | €675,202 | €245,093 | -€430,110 | -63.7% |
| Amounts receivable within one year | 40/41 | €460,693 | €190,000 | -€270,693 | -58.8% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €460,693 | €190,000 | -€270,693 | -58.8% |
| Cash at bank and in hand | 54/58 | €211,736 | €54,469 | -€157,267 | -74.3% |
| Deferred charges and accrued income | 490/1 | €2,773 | €623 | -€2,150 | -77.5% |
| Total equity and liabilities | 10/49 | €770,492 | €323,938 | -€446,554 | -58.0% |
| Equity | 10/15 | €770,492 | €60,865 | -€709,628 | -92.1% |
| Contributions | 10/11 | €1,369,149 | €459,149 | -€910,000 | -66.5% |
| Reserves | 13 | €44,585 | €44,585 | = | 0.0% |
| Tax-exempt reserves | 132 | €546 | €546 | = | 0.0% |
| Distributable reserves | 133 | €44,038 | €44,038 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€643,242 | -€442,869 | +€200,372 | +31.2% |
| Amounts payable | 17/49 | €0 | €263,074 | +€263,074 | |
| Amounts payable within one year | 42/48 | €0 | €263,074 | +€263,074 | |
| Trade debts | 44 | €0 | €32 | +€32 | |
| Suppliers | 440/4 | €0 | €32 | +€32 | |
| Taxes, remuneration and social security | 45 | - | €2,323 | +€2,323 | |
| Taxes | 450/3 | - | €2,323 | +€2,323 | |
| Other amounts payable | 47/48 | - | €260,718 | +€260,718 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,445 | €6,445 | = | 0.0% |
| Other operating charges | 640/8 | €4,527 | €4,669 | +€142 | +3.1% |
| Gross operating margin | 9900 | €28,496 | €24,259 | -€4,237 | -14.9% |
| Operating profit (loss) | 9901 | €17,525 | €13,145 | -€4,379 | -25.0% |
| Financial income | 75/76B | €9,588 | €191,971 | +€182,382 | +1902.1% |
| Recurring financial income | 75 | €9,588 | €191,971 | +€182,382 | +1902.1% |
| Financial charges | 65/66B | €920 | €1,333 | +€412 | +44.8% |
| Recurring financial charges | 65 | €920 | €1,333 | +€412 | +44.8% |
| Profit (loss) for the period before taxes | 9903 | €26,193 | €203,783 | +€177,591 | +678.0% |
| Income taxes | 67/77 | €0 | €3,411 | +€3,411 | |
| Profit (loss) for the period | 9904 | €26,193 | €200,372 | +€174,180 | +665.0% |
| Profit (loss) for the period to be appropriated | 9905 | €26,193 | €200,372 | +€174,180 | +665.0% |
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.