MATIL: 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.
MATIL
Largest movements
- Tangible fixed assets +€171,801
up €171,801 (+1449.9%), from €11,849 to €183,651
of which Land and buildings: +€93,754
- Stocks and contracts +€7,382
up €7,382 (+164.0%), from €4,500 to €11,882
- Cash -€7,142
down €7,142 (-21.7%), from €32,851 to €25,709
mainly Investment in fixed assets (net) (-€196,295) and Current portion of long-term debt (-€22,822)
- Receivables within one year +€2,481
up €2,481 (+96.3%), from €2,576 to €5,058
of which Other amounts receivable: +€2,114
- Debts after one year +€193,006
new in 2025: €193,006
- Current portion of long-term debt -€22,822
down €22,822 (-57.1%), from €40,000 to €17,178
- Profit (loss) carried forward -€17,851
down €17,851 (-197.0%), from -€9,061 to -€26,912
- Tax, wage and social debts +€15,190
up €15,190 (+19474.1%), from €78 to €15,268
of which Taxes: +€8,142
- Trade debts +€5,589
up €5,589 (+998.1%), from €560 to €6,149
- Gross operating margin +€36,160
up €36,160, from -€5,618 to €30,542
- Depreciation +€21,790
up €21,790 (+805.9%), from €2,704 to €24,493
- Staff costs +€17,655
new in 2025: €17,655
- Financial charges +€4,460
up €4,460 (+12917.5%), from €35 to €4,495
- Other operating charges +€1,062
up €1,062 (+150.5%), from €705 to €1,767
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 | €51,776 | €227,113 | +€175,337 | +338.6% |
| Fixed assets | 21/28 | €11,849 | €183,651 | +€171,801 | +1449.9% |
| Tangible fixed assets | 22/27 | €11,849 | €183,651 | +€171,801 | +1449.9% |
| Land and buildings | 22 | €586 | €94,339 | +€93,754 | +16003.8% |
| Plant, machinery and equipment | 23 | €4,951 | €77,639 | +€72,687 | +1468.0% |
| Furniture and vehicles | 24 | €6,312 | €11,673 | +€5,361 | +84.9% |
| Current assets | 29/58 | €39,927 | €43,463 | +€3,536 | +8.9% |
| Stocks and contracts in progress | 3 | €4,500 | €11,882 | +€7,382 | +164.0% |
| Stocks | 30/36 | €4,500 | €11,882 | +€7,382 | +164.0% |
| Amounts receivable within one year | 40/41 | €2,576 | €5,058 | +€2,481 | +96.3% |
| Trade receivables | 40 | €2,150 | €2,518 | +€367 | +17.1% |
| Other amounts receivable | 41 | €426 | €2,540 | +€2,114 | +496.4% |
| Cash at bank and in hand | 54/58 | €32,851 | €25,709 | -€7,142 | -21.7% |
| Deferred charges and accrued income | 490/1 | - | €814 | +€814 | |
| Total equity and liabilities | 10/49 | €51,776 | €227,113 | +€175,337 | +338.6% |
| Equity | 10/15 | €10,939 | -€6,912 | -€17,851 | |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,061 | -€26,912 | -€17,851 | -197.0% |
| Amounts payable | 17/49 | €40,837 | €234,025 | +€193,188 | +473.1% |
| Amounts payable after more than one year | 17 | - | €193,006 | +€193,006 | |
| Financial debts | 170/4 | - | €193,006 | +€193,006 | |
| Amounts payable within one year | 42/48 | €40,837 | €41,020 | +€182 | +0.4% |
| Current portion of amounts payable after more than one year | 42 | €40,000 | €17,178 | -€22,822 | -57.1% |
| Trade debts | 44 | €560 | €6,149 | +€5,589 | +998.1% |
| Suppliers | 440/4 | €560 | €6,149 | +€5,589 | +998.1% |
| Advances received on contracts in progress | 46 | - | €2,425 | +€2,425 | |
| Taxes, remuneration and social security | 45 | €78 | €15,268 | +€15,190 | +19474.1% |
| Taxes | 450/3 | €78 | €8,220 | +€8,142 | +10438.0% |
| Remuneration and social security | 454/9 | - | €7,048 | +€7,048 | |
| Other amounts payable | 47/48 | €199 | - | -€199 | |
| Non-recurring operating income | 76A | - | €2,500 | +€2,500 | |
| Remuneration, social security and pensions | 62 | - | €17,655 | +€17,655 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,704 | €24,493 | +€21,790 | +805.9% |
| Other operating charges | 640/8 | €705 | €1,767 | +€1,062 | +150.5% |
| Gross operating margin | 9900 | -€5,618 | €30,542 | +€36,160 | |
| Operating profit (loss) | 9901 | -€9,027 | -€13,374 | -€4,347 | -48.2% |
| Financial income | 75/76B | €0 | €18 | +€18 | +5028.6% |
| Recurring financial income | 75 | €0 | €18 | +€18 | +5028.6% |
| Financial charges | 65/66B | €35 | €4,495 | +€4,460 | +12917.5% |
| Recurring financial charges | 65 | €35 | €4,495 | +€4,460 | +12917.5% |
| Profit (loss) for the period before taxes | 9903 | -€9,061 | -€17,851 | -€8,790 | -97.0% |
| Profit (loss) for the period | 9904 | -€9,061 | -€17,851 | -€8,790 | -97.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,061 | -€17,851 | -€8,790 | -97.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.