MATIMMO 2000: 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.
MATIMMO 2000
Largest movements
- Cash +€202,026
up €202,026 (+95.5%), from €211,449 to €413,475
mainly Net result for the year (+€204,439) and Depreciation (+€106,407)
- Tangible fixed assets -€108,728
down €108,728 (-7.4%), from €1.5m to €1.4m
of which Land and buildings: -€105,448
- Reserves +€204,439
up €204,439 (+19.7%), from €1.0m to €1.2m
of which Tax-exempt reserves: +€124,021
- Debts after one year -€74,887
down €74,887 (-44.2%), from €169,319 to €94,432
- Gross operating margin +€66,485
up €66,485 (+18.3%), from €362,892 to €429,377
- Depreciation -€15,642
down €15,642 (-12.8%), from €122,049 to €106,407
- Taxes +€15,214
up €15,214 (+20.9%), from €72,912 to €88,126
- Other operating charges -€8,074
down €8,074 (-15.3%), from €52,849 to €44,774
- Financial income +€4,379
up €4,379 (+33.1%), from €13,228 to €17,608
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 | €2,161,220 | €2,283,994 | +€122,775 | +5.7% |
| Fixed assets | 21/28 | €1,480,050 | €1,371,322 | -€108,728 | -7.3% |
| Tangible fixed assets | 22/27 | €1,475,611 | €1,366,883 | -€108,728 | -7.4% |
| Land and buildings | 22 | €1,468,573 | €1,363,125 | -€105,448 | -7.2% |
| Furniture and vehicles | 24 | €7,038 | €3,759 | -€3,279 | -46.6% |
| Financial fixed assets | 28 | €4,439 | €4,439 | = | 0.0% |
| Current assets | 29/58 | €681,170 | €912,672 | +€231,502 | +34.0% |
| Amounts receivable within one year | 40/41 | €451,568 | €470,746 | +€19,179 | +4.2% |
| Trade receivables | 40 | €27,484 | €27,565 | +€81 | +0.3% |
| Other amounts receivable | 41 | €424,084 | €443,182 | +€19,098 | +4.5% |
| Cash at bank and in hand | 54/58 | €211,449 | €413,475 | +€202,026 | +95.5% |
| Deferred charges and accrued income | 490/1 | €18,154 | €28,451 | +€10,297 | +56.7% |
| Total equity and liabilities | 10/49 | €2,161,220 | €2,283,994 | +€122,775 | +5.7% |
| Equity | 10/15 | €1,490,158 | €1,694,596 | +€204,439 | +13.7% |
| Contributions | 10/11 | €68,550 | €68,550 | = | 0.0% |
| Reserves | 13 | €1,036,691 | €1,241,130 | +€204,439 | +19.7% |
| Tax-exempt reserves | 132 | €627,502 | €751,523 | +€124,021 | +19.8% |
| Distributable reserves | 133 | €409,189 | €489,607 | +€80,418 | +19.7% |
| Profit (loss) carried forward | 14 | €384,917 | €384,917 | = | 0.0% |
| Provisions and deferred taxes | 16 | €209,625 | €195,113 | -€14,512 | -6.9% |
| Provisions for liabilities and charges | 160/5 | €45,472 | €45,472 | = | 0.0% |
| Major repairs and maintenance | 162 | €45,472 | €45,472 | = | 0.0% |
| Deferred taxes | 168 | €164,153 | €149,641 | -€14,512 | -8.8% |
| Amounts payable | 17/49 | €461,437 | €394,285 | -€67,152 | -14.6% |
| Amounts payable after more than one year | 17 | €169,319 | €94,432 | -€74,887 | -44.2% |
| Financial debts | 170/4 | €169,319 | €94,432 | -€74,887 | -44.2% |
| Amounts payable within one year | 42/48 | €277,247 | €284,335 | +€7,088 | +2.6% |
| Current portion of amounts payable after more than one year | 42 | €74,305 | €74,887 | +€582 | +0.8% |
| Trade debts | 44 | €5,544 | €2,527 | -€3,017 | -54.4% |
| Suppliers | 440/4 | €5,544 | €2,527 | -€3,017 | -54.4% |
| Taxes, remuneration and social security | 45 | €2,912 | €13,126 | +€10,214 | +350.8% |
| Taxes | 450/3 | €2,912 | €13,126 | +€10,214 | +350.8% |
| Other amounts payable | 47/48 | €194,486 | €193,794 | -€691 | -0.4% |
| Accrued charges and deferred income | 492/3 | €14,871 | €15,518 | +€647 | +4.3% |
| Non-recurring operating income | 76A | - | €2,063 | +€2,063 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €122,049 | €106,407 | -€15,642 | -12.8% |
| Other operating charges | 640/8 | €52,849 | €44,774 | -€8,074 | -15.3% |
| Gross operating margin | 9900 | €362,892 | €429,377 | +€66,485 | +18.3% |
| Operating profit (loss) | 9901 | €187,995 | €278,196 | +€90,201 | +48.0% |
| Financial income | 75/76B | €13,228 | €17,608 | +€4,379 | +33.1% |
| Recurring financial income | 75 | €13,228 | €17,608 | +€4,379 | +33.1% |
| Financial charges | 65/66B | €17,372 | €17,750 | +€379 | +2.2% |
| Recurring financial charges | 65 | €17,372 | €17,750 | +€379 | +2.2% |
| Profit (loss) for the period before taxes | 9903 | €183,851 | €278,053 | +€94,202 | +51.2% |
| Transfer from deferred taxes | 780 | €14,512 | €14,512 | -€0 | 0.0% |
| Income taxes | 67/77 | €72,912 | €88,126 | +€15,214 | +20.9% |
| Profit (loss) for the period | 9904 | €125,451 | €204,439 | +€78,988 | +63.0% |
| Transfer from tax-exempt reserves | 789 | €45,026 | €44,379 | -€647 | -1.4% |
| Transfer to tax-exempt reserves | 689 | €84,200 | €168,400 | +€84,200 | +100.0% |
| Profit (loss) for the period to be appropriated | 9905 | €86,278 | €80,418 | -€5,860 | -6.8% |
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 4 October 2026 via checked.be.