MATIS SPECIALTIES: 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.
MATIS SPECIALTIES
Largest movements
- Cash +€853,794
up €853,794 (+84.7%), from €1.0m to €1.9m
mainly Net result for the year (+€614,387) and Current investments (+€450,000)
- Current investments -€450,000
down €450,000 (-37.5%), from €1.2m to €750,000
- Receivables within one year -€32,696
down €32,696 (-6.8%), from €479,734 to €447,038
of which Trade receivables: -€31,648
- Other debts +€257,822
up €257,822 (+36.7%), from €701,916 to €959,738
- Reserves +€202,779
up €202,779 (+14.9%), from €1.4m to €1.6m
of which Distributable reserves: +€204,639
- Trade debts -€76,946
down €76,946 (-13.4%), from €575,020 to €498,074
- Staff costs +€18,201
up €18,201 (+15.3%), from €118,576 to €136,777
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 | €2,702,013 | €3,069,365 | +€367,352 | +13.6% |
| Fixed assets | 21/28 | €2,048 | €809 | -€1,238 | -60.5% |
| Tangible fixed assets | 22/27 | €2,048 | €809 | -€1,238 | -60.5% |
| Furniture and vehicles | 24 | €2,048 | €809 | -€1,238 | -60.5% |
| Current assets | 29/58 | €2,699,966 | €3,068,556 | +€368,590 | +13.7% |
| Amounts receivable within one year | 40/41 | €479,734 | €447,038 | -€32,696 | -6.8% |
| Trade receivables | 40 | €478,686 | €447,038 | -€31,648 | -6.6% |
| Other amounts receivable | 41 | €1,049 | €0 | -€1,049 | -100% |
| Current investments | 50/53 | €1,200,000 | €750,000 | -€450,000 | -37.5% |
| Cash at bank and in hand | 54/58 | €1,007,535 | €1,861,329 | +€853,794 | +84.7% |
| Deferred charges and accrued income | 490/1 | €12,697 | €10,189 | -€2,508 | -19.8% |
| Total equity and liabilities | 10/49 | €2,702,013 | €3,069,365 | +€367,352 | +13.6% |
| Equity | 10/15 | €1,365,151 | €1,567,930 | +€202,779 | +14.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,358,951 | €1,561,730 | +€202,779 | +14.9% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100% |
| Distributable reserves | 133 | €1,357,091 | €1,561,730 | +€204,639 | +15.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,336,862 | €1,501,435 | +€164,573 | +12.3% |
| Amounts payable within one year | 42/48 | €1,336,862 | €1,501,435 | +€164,573 | +12.3% |
| Trade debts | 44 | €575,020 | €498,074 | -€76,946 | -13.4% |
| Suppliers | 440/4 | €575,020 | €498,074 | -€76,946 | -13.4% |
| Advances received on contracts in progress | 46 | €3,950 | €0 | -€3,950 | -100% |
| Taxes, remuneration and social security | 45 | €55,976 | €43,624 | -€12,353 | -22.1% |
| Taxes | 450/3 | €35,204 | €25,427 | -€9,777 | -27.8% |
| Remuneration and social security | 454/9 | €20,772 | €18,197 | -€2,576 | -12.4% |
| Other amounts payable | 47/48 | €701,916 | €959,738 | +€257,822 | +36.7% |
| Remuneration, social security and pensions | 62 | €118,576 | €136,777 | +€18,201 | +15.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,129 | €1,238 | +€109 | +9.7% |
| Other operating charges | 640/8 | €1,103 | €1,273 | +€170 | +15.4% |
| Non-recurring operating charges | 66A | - | €2,024 | +€2,024 | |
| Gross operating margin | 9900 | €836,983 | €845,099 | +€8,115 | +1.0% |
| Operating profit (loss) | 9901 | €716,176 | €703,787 | -€12,389 | -1.7% |
| Financial income | 75/76B | €28,941 | €36,554 | +€7,612 | +26.3% |
| Recurring financial income | 75 | €28,941 | €36,554 | +€7,612 | +26.3% |
| Financial charges | 65/66B | €283 | €331 | +€48 | +16.9% |
| Recurring financial charges | 65 | €283 | €331 | +€48 | +16.9% |
| Profit (loss) for the period before taxes | 9903 | €744,834 | €740,010 | -€4,824 | -0.6% |
| Income taxes | 67/77 | €127,583 | €125,622 | -€1,961 | -1.5% |
| Profit (loss) for the period | 9904 | €617,251 | €614,387 | -€2,864 | -0.5% |
| Profit (loss) for the period to be appropriated | 9905 | €617,251 | €614,387 | -€2,864 | -0.5% |
Source: filed annual accounts (NBB), financial years ended 30 April 2024 and 30 April 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.