MATIRO: 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.
MATIRO
Largest movements
- Tangible fixed assets +€64,953
up €64,953 (+11.5%), from €563,354 to €628,307
- Receivables within one year -€57,695
down €57,695 (-75.4%), from €76,561 to €18,867
of which Other amounts receivable: -€50,040
- Debts after one year -€47,097
down €47,097 (-11.3%), from €415,572 to €368,475
- Other debts +€28,168
up €28,168 (+608%), from €4,630 to €32,798
- Reserves +€28,022
up €28,022 (+28.9%), from €96,833 to €124,855
of which Distributable reserves: +€28,022
- Gross operating margin +€9,671
up €9,671 (+12.6%), from €76,734 to €86,405
- Depreciation +€4,450
up €4,450 (+16.4%), from €27,084 to €31,534
- Taxes +€2,242
up €2,242 (+19.9%), from €11,282 to €13,523
- Financial charges -€1,221
down €1,221 (-10.5%), from €11,590 to €10,368
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 | €642,126 | €649,808 | +€7,682 | +1.2% |
| Fixed assets | 21/28 | €563,354 | €628,307 | +€64,953 | +11.5% |
| Tangible fixed assets | 22/27 | €563,354 | €628,307 | +€64,953 | +11.5% |
| Land and buildings | 22 | €563,354 | €628,307 | +€64,953 | +11.5% |
| Current assets | 29/58 | €78,772 | €21,501 | -€57,271 | -72.7% |
| Amounts receivable within one year | 40/41 | €76,561 | €18,867 | -€57,695 | -75.4% |
| Trade receivables | 40 | €7,655 | €0 | -€7,655 | -100% |
| Other amounts receivable | 41 | €68,906 | €18,867 | -€50,040 | -72.6% |
| Cash at bank and in hand | 54/58 | €665 | €1,081 | +€416 | +62.6% |
| Deferred charges and accrued income | 490/1 | €1,546 | €1,553 | +€7 | +0.4% |
| Total equity and liabilities | 10/49 | €642,126 | €649,808 | +€7,682 | +1.2% |
| Equity | 10/15 | €158,833 | €186,855 | +€28,022 | +17.6% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €96,833 | €124,855 | +€28,022 | +28.9% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €90,633 | €118,655 | +€28,022 | +30.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €483,292 | €462,952 | -€20,340 | -4.2% |
| Amounts payable after more than one year | 17 | €415,572 | €368,475 | -€47,097 | -11.3% |
| Financial debts | 170/4 | €415,572 | €368,475 | -€47,097 | -11.3% |
| Amounts payable within one year | 42/48 | €66,051 | €92,540 | +€26,490 | +40.1% |
| Current portion of amounts payable after more than one year | 42 | €46,022 | €48,934 | +€2,912 | +6.3% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €1,703 | €918 | -€785 | -46.1% |
| Suppliers | 440/4 | €1,703 | €918 | -€785 | -46.1% |
| Advances received on contracts in progress | 46 | €1,210 | €0 | -€1,210 | -100% |
| Taxes, remuneration and social security | 45 | €12,485 | €9,890 | -€2,595 | -20.8% |
| Taxes | 450/3 | €12,485 | €9,890 | -€2,595 | -20.8% |
| Other amounts payable | 47/48 | €4,630 | €32,798 | +€28,168 | +608% |
| Accrued charges and deferred income | 492/3 | €1,669 | €1,937 | +€268 | +16.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,084 | €31,534 | +€4,450 | +16.4% |
| Other operating charges | 640/8 | €3,417 | €2,957 | -€459 | -13.4% |
| Gross operating margin | 9900 | €76,734 | €86,405 | +€9,671 | +12.6% |
| Operating profit (loss) | 9901 | €46,233 | €51,914 | +€5,680 | +12.3% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €11,590 | €10,368 | -€1,221 | -10.5% |
| Recurring financial charges | 65 | €11,590 | €10,368 | -€1,221 | -10.5% |
| Profit (loss) for the period before taxes | 9903 | €34,643 | €41,545 | +€6,902 | +19.9% |
| Income taxes | 67/77 | €11,282 | €13,523 | +€2,242 | +19.9% |
| Profit (loss) for the period | 9904 | €23,362 | €28,022 | +€4,660 | +19.9% |
| Profit (loss) for the period to be appropriated | 9905 | €23,362 | €28,022 | +€4,660 | +19.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.