Matim: 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.
What changed
Matim
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€89,354
2024 · €6,387-€95,740
Equity
€202,662
2024 · €292,016-€89,354
Cash
€44,389
2024 · €28,951+€15,438
Balance sheet total
€4.5m
2024 · €4.5m+€44,268
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
- Other debts +€246,392
up €246,392 (+20.2%), from €1.2m to €1.5m
- Debts after one year -€98,888
down €98,888 (-3.8%), from €2.6m to €2.5m
of which Financial debts: -€100,238
- Reserves -€89,354
down €89,354 (-38.8%), from €230,516 to €141,162
of which Distributable reserves: -€89,354
Income statement
- Gross operating margin -€54,234
down €54,234 (-15.5%), from €348,966 to €294,732
- Staff costs +€34,528
new in 2025: €34,528
- Other operating charges +€15,936
up €15,936 (+30.8%), from €51,818 to €67,754
- Financial charges -€9,792
down €9,792 (-7.3%), from €133,900 to €124,108
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.
Result 2024
€6,387
Gross operating margin
-€54,234
Staff costs
-€34,528
Depreciation
-€3,118
Other operating charges
-€15,936
Financial income
-€45
Financial charges
+€9,792
Taxes
+€2,329
Result 2025
-€89,354
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.
From operations
+€298,824
Investment
-€200,173
Financing
-€83,213
Cash 2024
€28,951
From operations (derived)
+€298,824
Net result for the year
-€89,354
Depreciation
+€157,500
Receivables within one year
+€10,222
Deferred charges and accrued income
+€3,621
Trade debts
+€4,318
Tax, wage and social debts
+€3,877
Other debts
+€246,392
Accrued charges and deferred income
-€37,752
Investment (derived)
-€200,173
Investment in fixed assets (net)
-€200,173
Financing
-€83,213
Debts after one year
-€98,888
Current portion of long-term debt
+€15,675
Cash 2025
€44,389
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,480,898 | €4,525,166 | +€44,268 | +1.0% |
| Fixed assets | 21/28 | €4,375,581 | €4,418,254 | +€42,673 | +1.0% |
| Tangible fixed assets | 22/27 | €4,372,599 | €4,415,272 | +€42,673 | +1.0% |
| Land and buildings | 22 | €4,058,213 | €4,050,889 | -€7,324 | -0.2% |
| Plant, machinery and equipment | 23 | €1,527 | €1,247 | -€280 | -18.3% |
| Furniture and vehicles | 24 | €525 | €447 | -€78 | -14.8% |
| Leasing and similar rights | 25 | - | €24,625 | +€24,625 | |
| Other tangible fixed assets | 26 | €312,334 | €338,064 | +€25,730 | +8.2% |
| Financial fixed assets | 28 | €2,981 | €2,981 | = | 0.0% |
| Current assets | 29/58 | €105,318 | €106,912 | +€1,595 | +1.5% |
| Amounts receivable within one year | 40/41 | €36,179 | €25,957 | -€10,222 | -28.3% |
| Trade receivables | 40 | €36,179 | €25,957 | -€10,222 | -28.3% |
| Cash at bank and in hand | 54/58 | €28,951 | €44,389 | +€15,438 | +53.3% |
| Deferred charges and accrued income | 490/1 | €40,188 | €36,567 | -€3,621 | -9.0% |
| Total equity and liabilities | 10/49 | €4,480,898 | €4,525,166 | +€44,268 | +1.0% |
| Equity | 10/15 | €292,016 | €202,662 | -€89,354 | -30.6% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €230,516 | €141,162 | -€89,354 | -38.8% |
| Non-distributable reserves | 130/1 | €12,395 | €12,395 | = | 0.0% |
| Legal reserve | 130 | €12,395 | €12,395 | = | 0.0% |
| Tax-exempt reserves | 132 | €15,502 | €15,502 | = | 0.0% |
| Distributable reserves | 133 | €202,619 | €113,265 | -€89,354 | -44.1% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €4,188,883 | €4,322,504 | +€133,621 | +3.2% |
| Amounts payable after more than one year | 17 | €2,630,273 | €2,531,386 | -€98,888 | -3.8% |
| Financial debts | 170/4 | €2,630,273 | €2,530,036 | -€100,238 | -3.8% |
| Other amounts payable | 178/9 | - | €1,350 | +€1,350 | |
| Amounts payable within one year | 42/48 | €1,472,482 | €1,742,743 | +€270,261 | +18.4% |
| Current portion of amounts payable after more than one year | 42 | €110,509 | €126,184 | +€15,675 | +14.2% |
| Trade debts | 44 | €131,974 | €136,292 | +€4,318 | +3.3% |
| Suppliers | 440/4 | €131,974 | €136,292 | +€4,318 | +3.3% |
| Taxes, remuneration and social security | 45 | €10,249 | €14,126 | +€3,877 | +37.8% |
| Taxes | 450/3 | €10,249 | €7,046 | -€3,202 | -31.2% |
| Remuneration and social security | 454/9 | - | €7,079 | +€7,079 | |
| Other amounts payable | 47/48 | €1,219,750 | €1,466,142 | +€246,392 | +20.2% |
| Accrued charges and deferred income | 492/3 | €86,128 | €48,376 | -€37,752 | -43.8% |
| Non-recurring operating income | 76A | €26,334 | €26,334 | = | 0.0% |
| Remuneration, social security and pensions | 62 | - | €34,528 | +€34,528 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €154,382 | €157,500 | +€3,118 | +2.0% |
| Other operating charges | 640/8 | €51,818 | €67,754 | +€15,936 | +30.8% |
| Gross operating margin | 9900 | €348,966 | €294,732 | -€54,234 | -15.5% |
| Operating profit (loss) | 9901 | €142,766 | €34,950 | -€107,816 | -75.5% |
| Financial income | 75/76B | €45 | €0 | -€45 | -100.0% |
| Recurring financial income | 75 | €45 | €0 | -€45 | -100.0% |
| Financial charges | 65/66B | €133,900 | €124,108 | -€9,792 | -7.3% |
| Recurring financial charges | 65 | €133,900 | €124,108 | -€9,792 | -7.3% |
| Profit (loss) for the period before taxes | 9903 | €8,912 | -€89,158 | -€98,070 | |
| Income taxes | 67/77 | €2,525 | €196 | -€2,329 | -92.3% |
| Profit (loss) for the period | 9904 | €6,387 | -€89,354 | -€95,740 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,387 | -€89,354 | -€95,740 |
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 2 October 2026 via checked.be.