MATIMO: 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.
MATIMO
Largest movements
- Receivables within one year +€207,363
up €207,363 (+58.5%), from €354,756 to €562,118
of which Other amounts receivable: +€132,452
- Stocks and contracts -€70,000
down €70,000 (-58.3%), from €120,000 to €50,000
- Tangible fixed assets -€42,654
down €42,654 (-29.5%), from €144,794 to €102,139
of which Furniture and vehicles: -€40,314
- Other debts +€1.5m
up €1.5m (+77.3%), from €2.0m to €3.5m
- Profit (loss) carried forward -€1.4m
down €1.4m (-71.1%), from -€1.9m to -€3.3m
- Trade debts -€57,859
down €57,859 (-10.1%), from €572,263 to €514,404
- Gross operating margin +€540,797
up €540,797 (+28.8%), from -€1.9m to -€1.3m
- Depreciation -€19,089
down €19,089 (-32.3%), from €59,130 to €40,041
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.
Derived cash bridge
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 | €621,262 | €715,791 | +€94,529 | +15.2% |
| Fixed assets | 21/28 | €144,794 | €102,139 | -€42,654 | -29.5% |
| Tangible fixed assets | 22/27 | €144,794 | €102,139 | -€42,654 | -29.5% |
| Plant, machinery and equipment | 23 | €7,450 | €5,110 | -€2,340 | -31.4% |
| Furniture and vehicles | 24 | €137,344 | €97,030 | -€40,314 | -29.4% |
| Current assets | 29/58 | €476,469 | €613,652 | +€137,183 | +28.8% |
| Stocks and contracts in progress | 3 | €120,000 | €50,000 | -€70,000 | -58.3% |
| Stocks | 30/36 | €120,000 | €50,000 | -€70,000 | -58.3% |
| Amounts receivable within one year | 40/41 | €354,756 | €562,118 | +€207,363 | +58.5% |
| Trade receivables | 40 | €6,089 | €81,000 | +€74,911 | +1,230% |
| Other amounts receivable | 41 | €348,666 | €481,118 | +€132,452 | +38.0% |
| Cash at bank and in hand | 54/58 | €245 | €58 | -€187 | -76.2% |
| Deferred charges and accrued income | 490/1 | €1,468 | €1,475 | +€7 | +0.5% |
| Total equity and liabilities | 10/49 | €621,262 | €715,791 | +€94,529 | +15.2% |
| Equity | 10/15 | -€1,930,904 | -€3,311,281 | -€1.4m | -71.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,940,904 | -€3,321,281 | -€1.4m | -71.1% |
| Amounts payable | 17/49 | €2,552,166 | €4,027,072 | +€1.5m | +57.8% |
| Amounts payable within one year | 42/48 | €2,552,166 | €4,027,072 | +€1.5m | +57.8% |
| Trade debts | 44 | €572,263 | €514,404 | -€57,859 | -10.1% |
| Suppliers | 440/4 | €572,263 | €514,404 | -€57,859 | -10.1% |
| Advances received on contracts in progress | 46 | - | €1,500 | +€1,500 | |
| Other amounts payable | 47/48 | €1,979,903 | €3,511,168 | +€1.5m | +77.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,130 | €40,041 | -€19,089 | -32.3% |
| Other operating charges | 640/8 | €4,241 | €488 | -€3,752 | -88.5% |
| Non-recurring operating charges | 66A | - | €2,614 | +€2,614 | |
| Gross operating margin | 9900 | -€1,876,827 | -€1,336,030 | +€540,797 | +28.8% |
| Operating profit (loss) | 9901 | -€1,940,197 | -€1,379,173 | +€561,024 | +28.9% |
| Financial income | 75/76B | €0 | €0 | +€0 | +66.7% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +66.7% |
| Financial charges | 65/66B | €706 | €1,204 | +€498 | +70.5% |
| Recurring financial charges | 65 | €706 | €1,204 | +€498 | +70.5% |
| Profit (loss) for the period before taxes | 9903 | -€1,940,904 | -€1,380,377 | +€560,526 | +28.9% |
| Profit (loss) for the period | 9904 | -€1,940,904 | -€1,380,377 | +€560,526 | +28.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,940,904 | -€1,380,377 | +€560,526 | +28.9% |
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 14 October 2026 via checked.be.