MATILU: 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.
MATILU
Largest movements
- Cash -€3,618
down €3,618 (-20.7%), from €17,478 to €13,860
mainly Net result for the year (-€26,761) and Receivables within one year (-€3,348)
- Receivables within one year +€3,348
up €3,348 (+127.1%), from €2,635 to €5,983
of which Trade receivables: +€3,168
- Stocks and contracts -€2,060
down €2,060 (-15.7%), from €13,085 to €11,025
- Tangible fixed assets -€1,289
down €1,289 (-5.1%), from €25,300 to €24,011
of which Other tangible fixed assets: -€1,002
- Profit (loss) carried forward -€26,761
down €26,761 (-146.8%), from -€18,225 to -€44,986
- Trade debts +€16,624
up €16,624 (+202.5%), from €8,210 to €24,835
- Other debts +€4,686
up €4,686 (+88.4%), from €5,301 to €9,987
- Tax, wage and social debts +€1,775
up €1,775 (+3.9%), from €45,090 to €46,865
of which Remuneration and social security: +€3,752
- Gross operating margin -€28,564
down €28,564 (-16.1%), from €177,416 to €148,852
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 | €67,423 | €64,036 | -€3,387 | -5.0% |
| Fixed assets | 21/28 | €30,516 | €29,259 | -€1,256 | -4.1% |
| Tangible fixed assets | 22/27 | €25,300 | €24,011 | -€1,289 | -5.1% |
| Land and buildings | 22 | €17,999 | €17,142 | -€857 | -4.8% |
| Furniture and vehicles | 24 | €4,296 | €4,865 | +€569 | +13.3% |
| Other tangible fixed assets | 26 | €3,005 | €2,004 | -€1,002 | -33.3% |
| Financial fixed assets | 28 | €5,216 | €5,249 | +€33 | +0.6% |
| Current assets | 29/58 | €36,907 | €34,777 | -€2,130 | -5.8% |
| Stocks and contracts in progress | 3 | €13,085 | €11,025 | -€2,060 | -15.7% |
| Stocks | 30/36 | €13,085 | €11,025 | -€2,060 | -15.7% |
| Amounts receivable within one year | 40/41 | €2,635 | €5,983 | +€3,348 | +127.1% |
| Trade receivables | 40 | €2,635 | €5,802 | +€3,168 | +120.2% |
| Other amounts receivable | 41 | - | €181 | +€181 | |
| Cash at bank and in hand | 54/58 | €17,478 | €13,860 | -€3,618 | -20.7% |
| Deferred charges and accrued income | 490/1 | €3,709 | €3,908 | +€199 | +5.4% |
| Total equity and liabilities | 10/49 | €67,423 | €64,036 | -€3,387 | -5.0% |
| Equity | 10/15 | €375 | -€26,386 | -€26,761 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,225 | -€44,986 | -€26,761 | -146.8% |
| Amounts payable | 17/49 | €67,048 | €90,423 | +€23,374 | +34.9% |
| Amounts payable within one year | 42/48 | €67,048 | €90,189 | +€23,141 | +34.5% |
| Financial debts | 43 | €8,446 | €8,502 | +€55 | +0.7% |
| Credit institutions | 430/8 | €8,446 | €8,502 | +€55 | +0.7% |
| Trade debts | 44 | €8,210 | €24,835 | +€16,624 | +202.5% |
| Suppliers | 440/4 | €8,210 | €24,835 | +€16,624 | +202.5% |
| Taxes, remuneration and social security | 45 | €45,090 | €46,865 | +€1,775 | +3.9% |
| Taxes | 450/3 | €8,458 | €6,481 | -€1,977 | -23.4% |
| Remuneration and social security | 454/9 | €36,632 | €40,384 | +€3,752 | +10.2% |
| Other amounts payable | 47/48 | €5,301 | €9,987 | +€4,686 | +88.4% |
| Accrued charges and deferred income | 492/3 | - | €234 | +€234 | |
| Remuneration, social security and pensions | 62 | €167,778 | €166,686 | -€1,092 | -0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,338 | €3,389 | +€52 | +1.6% |
| Other operating charges | 640/8 | €4,285 | €2,861 | -€1,424 | -33.2% |
| Gross operating margin | 9900 | €177,416 | €148,852 | -€28,564 | -16.1% |
| Operating profit (loss) | 9901 | €2,015 | -€24,085 | -€26,100 | |
| Financial income | 75/76B | €40 | €370 | +€330 | +827.5% |
| Recurring financial income | 75 | €40 | €370 | +€330 | +827.5% |
| Financial charges | 65/66B | €3,434 | €3,051 | -€383 | -11.1% |
| Recurring financial charges | 65 | €3,434 | €3,051 | -€383 | -11.1% |
| Profit (loss) for the period before taxes | 9903 | -€1,378 | -€26,766 | -€25,387 | -1841.9% |
| Income taxes | 67/77 | €4 | -€4 | -€9 | |
| Profit (loss) for the period | 9904 | -€1,383 | -€26,761 | -€25,379 | -1835.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,383 | -€26,761 | -€25,379 | -1835.5% |
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 9 October 2026 via checked.be.