MATIVA: 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.
MATIVA
Largest movements
- Receivables within one year +€103,309
up €103,309 (+413%), from €24,994 to €128,303
of which Other amounts receivable: +€122,862
- Cash -€11,184
no longer reported in 2024 (was €11,184)
mainly Receivables within one year (-€103,309) and Investment in fixed assets (net) (-€8,274)
- Tangible fixed assets +€6,309
new in 2024: €6,309
- Stocks and contracts +€3,718
up €3,718 (+10.0%), from €37,205 to €40,924
- Advances received +€79,911
new in 2024: €79,911
- Profit (loss) carried forward +€18,064
up €18,064 (+72.9%), from -€24,766 to -€6,702
- Other debts -€4,952
down €4,952 (-99.2%), from €4,990 to €38
- Tax, wage and social debts +€4,633
up €4,633 (+24.3%), from €19,044 to €23,677
of which Remuneration and social security: +€2,764
- Debts after one year +€4,170
new in 2024: €4,170
- Turnover +€1.7m
new in 2024: €1.7m
- Purchases and services +€1.6m
new in 2024: €1.6m
- Gross operating margin +€29,113
up €29,113 (+48.9%), from €59,554 to €88,667
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €73,383 | €176,854 | +€103,471 | +141% |
| Fixed assets | 21/28 | - | €6,309 | +€6,309 | |
| Tangible fixed assets | 22/27 | - | €6,309 | +€6,309 | |
| Furniture and vehicles | 24 | - | €6,309 | +€6,309 | |
| Current assets | 29/58 | €73,383 | €170,545 | +€97,162 | +132% |
| Stocks and contracts in progress | 3 | €37,205 | €40,924 | +€3,718 | +10.0% |
| Stocks | 30/36 | €37,205 | €40,924 | +€3,718 | +10.0% |
| Amounts receivable within one year | 40/41 | €24,994 | €128,303 | +€103,309 | +413% |
| Trade receivables | 40 | €24,424 | €4,871 | -€19,553 | -80.1% |
| Other amounts receivable | 41 | €570 | €123,432 | +€122,862 | +21,556% |
| Cash at bank and in hand | 54/58 | €11,184 | - | -€11,184 | |
| Deferred charges and accrued income | 490/1 | - | €1,318 | +€1,318 | |
| Total equity and liabilities | 10/49 | €73,383 | €176,854 | +€103,471 | +141% |
| Equity | 10/15 | -€12,366 | €5,698 | +€18,064 | |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,766 | -€6,702 | +€18,064 | +72.9% |
| Amounts payable | 17/49 | €85,749 | €171,156 | +€85,407 | +99.6% |
| Amounts payable after more than one year | 17 | - | €4,170 | +€4,170 | |
| Financial debts | 170/4 | - | €4,170 | +€4,170 | |
| Amounts payable within one year | 42/48 | €85,630 | €164,041 | +€78,411 | +91.6% |
| Current portion of amounts payable after more than one year | 42 | - | €1,117 | +€1,117 | |
| Financial debts | 43 | €11,092 | €12,068 | +€976 | +8.8% |
| Credit institutions | 430/8 | €11,092 | €12,068 | +€976 | +8.8% |
| Trade debts | 44 | €50,505 | €47,231 | -€3,274 | -6.5% |
| Suppliers | 440/4 | €50,505 | €47,231 | -€3,274 | -6.5% |
| Advances received on contracts in progress | 46 | - | €79,911 | +€79,911 | |
| Taxes, remuneration and social security | 45 | €19,044 | €23,677 | +€4,633 | +24.3% |
| Taxes | 450/3 | €11,052 | €12,921 | +€1,869 | +16.9% |
| Remuneration and social security | 454/9 | €7,992 | €10,756 | +€2,764 | +34.6% |
| Other amounts payable | 47/48 | €4,990 | €38 | -€4,952 | -99.2% |
| Accrued charges and deferred income | 492/3 | €120 | €2,945 | +€2,825 | +2,361% |
| Turnover | 70 | - | €1,705,651 | +€1.7m | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €1,616,984 | +€1.6m | |
| Remuneration, social security and pensions | 62 | €35,625 | €44,477 | +€8,852 | +24.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,965 | +€1,965 | |
| Other operating charges | 640/8 | €2,917 | €7,348 | +€4,432 | +152% |
| Non-recurring operating charges | 66A | €24 | - | -€24 | |
| Gross operating margin | 9900 | €59,554 | €88,667 | +€29,113 | +48.9% |
| Operating profit (loss) | 9901 | €20,988 | €34,876 | +€13,888 | +66.2% |
| Financial income | 75/76B | €240 | €367 | +€127 | +52.6% |
| Recurring financial income | 75 | €240 | €367 | +€127 | +52.6% |
| Financial charges | 65/66B | €1,378 | €2,670 | +€1,292 | +93.8% |
| Recurring financial charges | 65 | €1,378 | €2,670 | +€1,292 | +93.8% |
| Profit (loss) for the period before taxes | 9903 | €19,850 | €32,573 | +€12,723 | +64.1% |
| Income taxes | 67/77 | €6,429 | €14,509 | +€8,081 | +126% |
| Profit (loss) for the period | 9904 | €13,422 | €18,064 | +€4,642 | +34.6% |
| Profit (loss) for the period to be appropriated | 9905 | €13,422 | €18,064 | +€4,642 | +34.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.