MATIMMO: 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.
MATIMMO
Largest movements
- Tangible fixed assets -€132,344
down €132,344 (-8.3%), from €1.6m to €1.5m
of which Land and buildings: -€120,787
- Profit (loss) carried forward -€59,147
down €59,147 (-7.7%), from -€763,683 to -€822,830
- Other debts -€45,013
down €45,013 (-2.1%), from €2.1m to €2.1m
- Accrued charges and deferred income +€33,886
up €33,886 (+95.8%), from €35,384 to €69,270
- Trade debts -€26,711
down €26,711 (-83.9%), from €31,856 to €5,145
- Debts after one year -€22,917
down €22,917 (-9.9%), from €231,250 to €208,334
- Gross operating margin +€75,641
up €75,641 (+94.2%), from €80,306 to €155,946
- Financial charges -€7,125
down €7,125 (-15.6%), from €45,626 to €38,501
- Staff costs +€4,571
up €4,571 (+12.8%), from €35,671 to €40,243
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 | €1,712,973 | €1,599,613 | -€113,360 | -6.6% |
| Fixed assets | 21/28 | €1,587,973 | €1,455,629 | -€132,344 | -8.3% |
| Tangible fixed assets | 22/27 | €1,587,973 | €1,455,629 | -€132,344 | -8.3% |
| Land and buildings | 22 | €1,565,432 | €1,444,644 | -€120,787 | -7.7% |
| Plant, machinery and equipment | 23 | €2,863 | €2,620 | -€243 | -8.5% |
| Furniture and vehicles | 24 | €19,678 | €8,364 | -€11,314 | -57.5% |
| Current assets | 29/58 | €125,000 | €143,984 | +€18,984 | +15.2% |
| Amounts receivable within one year | 40/41 | €5,552 | €240 | -€5,312 | -95.7% |
| Trade receivables | 40 | €872 | €240 | -€632 | -72.4% |
| Other amounts receivable | 41 | €4,680 | - | -€4,680 | |
| Cash at bank and in hand | 54/58 | €117,613 | €134,013 | +€16,400 | +13.9% |
| Deferred charges and accrued income | 490/1 | €1,835 | €9,731 | +€7,897 | +430.4% |
| Total equity and liabilities | 10/49 | €1,712,973 | €1,599,613 | -€113,360 | -6.6% |
| Equity | 10/15 | -€743,683 | -€802,830 | -€59,147 | -8.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€763,683 | -€822,830 | -€59,147 | -7.7% |
| Amounts payable | 17/49 | €2,456,656 | €2,402,443 | -€54,213 | -2.2% |
| Amounts payable after more than one year | 17 | €231,250 | €208,334 | -€22,917 | -9.9% |
| Financial debts | 170/4 | €231,250 | €208,334 | -€22,917 | -9.9% |
| Amounts payable within one year | 42/48 | €2,190,022 | €2,124,840 | -€65,182 | -3.0% |
| Current portion of amounts payable after more than one year | 42 | €27,083 | €28,300 | +€1,217 | +4.5% |
| Trade debts | 44 | €31,856 | €5,145 | -€26,711 | -83.9% |
| Suppliers | 440/4 | €31,856 | €5,145 | -€26,711 | -83.9% |
| Taxes, remuneration and social security | 45 | - | €5,326 | +€5,326 | |
| Remuneration and social security | 454/9 | - | €5,326 | +€5,326 | |
| Other amounts payable | 47/48 | €2,131,083 | €2,086,069 | -€45,013 | -2.1% |
| Accrued charges and deferred income | 492/3 | €35,384 | €69,270 | +€33,886 | +95.8% |
| Remuneration, social security and pensions | 62 | €35,671 | €40,243 | +€4,571 | +12.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €132,765 | €132,344 | -€421 | -0.3% |
| Other operating charges | 640/8 | €3,871 | €4,006 | +€134 | +3.5% |
| Gross operating margin | 9900 | €80,306 | €155,946 | +€75,641 | +94.2% |
| Operating profit (loss) | 9901 | -€92,002 | -€20,646 | +€71,356 | +77.6% |
| Financial income | 75/76B | €172 | - | -€172 | |
| Recurring financial income | 75 | €172 | - | -€172 | |
| Financial charges | 65/66B | €45,626 | €38,501 | -€7,125 | -15.6% |
| Recurring financial charges | 65 | €45,626 | €38,501 | -€7,125 | -15.6% |
| Profit (loss) for the period before taxes | 9903 | -€137,456 | -€59,147 | +€78,309 | +57.0% |
| Profit (loss) for the period | 9904 | -€137,456 | -€59,147 | +€78,309 | +57.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€137,456 | -€59,147 | +€78,309 | +57.0% |
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 10 October 2026 via checked.be.