MATICO: 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.
MATICO
Largest movements
- Receivables within one year +€19,241
up €19,241 (+11.1%), from €174,083 to €193,325
of which Other amounts receivable: +€24,134
- Other debts +€39,112
new in 2025: €39,112
- Profit (loss) carried forward -€14,230
down €14,230 (-39.3%), from -€36,232 to -€50,462
- Gross operating margin -€5,973
down €5,973 (-91.3%), from -€6,543 to -€12,516
- Financial charges +€721
up €721 (+126.7%), from €569 to €1,291
- Financial income -€540
down €540 (-5.0%), from €10,702 to €10,162
- Other operating charges +€227
up €227 (+2.6%), from €8,798 to €9,025
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 | €427,117 | €446,723 | +€19,605 | +4.6% |
| Fixed assets | 21/28 | €242,331 | €240,771 | -€1,561 | -0.6% |
| Tangible fixed assets | 22/27 | €242,331 | €240,771 | -€1,561 | -0.6% |
| Land and buildings | 22 | €242,331 | €240,771 | -€1,561 | -0.6% |
| Current assets | 29/58 | €184,786 | €205,952 | +€21,166 | +11.5% |
| Amounts receivable within one year | 40/41 | €174,083 | €193,325 | +€19,241 | +11.1% |
| Trade receivables | 40 | €4,892 | €0 | -€4,892 | -100.0% |
| Other amounts receivable | 41 | €169,191 | €193,325 | +€24,134 | +14.3% |
| Cash at bank and in hand | 54/58 | €0 | €2,465 | +€2,465 | |
| Deferred charges and accrued income | 490/1 | €10,702 | €10,162 | -€540 | -5.0% |
| Total equity and liabilities | 10/49 | €427,117 | €446,723 | +€19,605 | +4.6% |
| Equity | 10/15 | €409,975 | €395,745 | -€14,230 | -3.5% |
| Contributions | 10/11 | €439,300 | €439,300 | = | 0.0% |
| Capital | 10 | €439,300 | €439,300 | = | 0.0% |
| Issued capital | 100 | €439,300 | €439,300 | = | 0.0% |
| Reserves | 13 | €6,906 | €6,906 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,906 | €6,906 | = | 0.0% |
| Legal reserve | 130 | €6,906 | €6,906 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€36,232 | -€50,462 | -€14,230 | -39.3% |
| Amounts payable | 17/49 | €17,143 | €50,978 | +€33,836 | +197.4% |
| Amounts payable within one year | 42/48 | €16,899 | €50,000 | +€33,101 | +195.9% |
| Financial debts | 43 | €1,741 | €0 | -€1,741 | -100.0% |
| Credit institutions | 430/8 | €1,741 | €0 | -€1,741 | -100.0% |
| Trade debts | 44 | €12,788 | €8,432 | -€4,356 | -34.1% |
| Suppliers | 440/4 | €12,788 | €8,432 | -€4,356 | -34.1% |
| Taxes, remuneration and social security | 45 | €2,370 | €2,456 | +€86 | +3.6% |
| Taxes | 450/3 | €304 | €1,423 | +€1,119 | +368.4% |
| Remuneration and social security | 454/9 | €2,066 | €1,033 | -€1,033 | -50.0% |
| Other amounts payable | 47/48 | - | €39,112 | +€39,112 | |
| Accrued charges and deferred income | 492/3 | €244 | €978 | +€734 | +301.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,561 | €1,561 | = | 0.0% |
| Other operating charges | 640/8 | €8,798 | €9,025 | +€227 | +2.6% |
| Gross operating margin | 9900 | -€6,543 | -€12,516 | -€5,973 | -91.3% |
| Operating profit (loss) | 9901 | -€16,902 | -€23,102 | -€6,200 | -36.7% |
| Financial income | 75/76B | €10,702 | €10,162 | -€540 | -5.0% |
| Recurring financial income | 75 | €10,702 | €10,162 | -€540 | -5.0% |
| Financial charges | 65/66B | €569 | €1,291 | +€721 | +126.7% |
| Recurring financial charges | 65 | €569 | €1,291 | +€721 | +126.7% |
| Profit (loss) for the period before taxes | 9903 | -€6,768 | -€14,230 | -€7,462 | -110.2% |
| Profit (loss) for the period | 9904 | -€6,768 | -€14,230 | -€7,462 | -110.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,768 | -€14,230 | -€7,462 | -110.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.