MATIVA MANAGEMENT SERVICES: 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 MANAGEMENT SERVICES
Largest movements
- Receivables within one year -€254,138
down €254,138 (-73.1%), from €347,463 to €93,325
of which Trade receivables: -€251,747
- Stocks and contracts -€160,531
down €160,531 (-23.5%), from €683,105 to €522,574
- Current investments -€111,015
down €111,015 (-21.2%), from €523,316 to €412,301
- Tangible fixed assets +€79,786
up €79,786 (+103%), from €77,164 to €156,949
of which Land and buildings: +€85,029
- Trade debts -€259,987
down €259,987 (-57.7%), from €450,409 to €190,422
- Profit (loss) carried forward -€148,941
down €148,941 (-228%), from -€65,341 to -€214,282
- Tax, wage and social debts -€22,872
down €22,872 (-20.9%), from €109,546 to €86,673
of which Taxes: -€11,983
- Depreciation -€2.6m
down €2.6m (-99.5%), from €2.6m to €13,702
- Write-downs -€173,713
down €173,713, from €105,918 to -€67,794
- Staff costs -€116,950
down €116,950 (-21.4%), from €546,735 to €429,785
- Gross operating margin +€66,477
up €66,477 (+32.3%), from €205,934 to €272,411
- Financial income +€18,491
up €18,491 (+61.6%), from €30,009 to €48,500
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 | €1,747,106 | €1,313,417 | -€433,690 | -24.8% |
| Fixed assets | 21/28 | €83,941 | €161,959 | +€78,018 | +92.9% |
| Intangible fixed assets | 21 | €6,777 | €5,009 | -€1,768 | -26.1% |
| Tangible fixed assets | 22/27 | €77,164 | €156,949 | +€79,786 | +103% |
| Land and buildings | 22 | €61,017 | €146,046 | +€85,029 | +139% |
| Plant, machinery and equipment | 23 | €1,610 | €901 | -€709 | -44.0% |
| Furniture and vehicles | 24 | €14,537 | €10,002 | -€4,535 | -31.2% |
| Current assets | 29/58 | €1,663,165 | €1,151,458 | -€511,707 | -30.8% |
| Stocks and contracts in progress | 3 | €683,105 | €522,574 | -€160,531 | -23.5% |
| Stocks | 30/36 | €683,105 | €522,574 | -€160,531 | -23.5% |
| Amounts receivable within one year | 40/41 | €347,463 | €93,325 | -€254,138 | -73.1% |
| Trade receivables | 40 | €336,013 | €84,266 | -€251,747 | -74.9% |
| Other amounts receivable | 41 | €11,450 | €9,060 | -€2,391 | -20.9% |
| Current investments | 50/53 | €523,316 | €412,301 | -€111,015 | -21.2% |
| Cash at bank and in hand | 54/58 | €100,265 | €110,990 | +€10,724 | +10.7% |
| Deferred charges and accrued income | 490/1 | €9,016 | €12,268 | +€3,252 | +36.1% |
| Total equity and liabilities | 10/49 | €1,747,106 | €1,313,417 | -€433,690 | -24.8% |
| Equity | 10/15 | €1,115,713 | €966,772 | -€148,941 | -13.3% |
| Contributions | 10/11 | €725,000 | €725,000 | = | 0.0% |
| Capital | 10 | €725,000 | €725,000 | = | 0.0% |
| Issued capital | 100 | €725,000 | €725,000 | = | 0.0% |
| Revaluation surpluses | 12 | €14,626 | €14,626 | = | 0.0% |
| Reserves | 13 | €441,428 | €441,428 | = | 0.0% |
| Non-distributable reserves | 130/1 | €72,500 | €72,500 | = | 0.0% |
| Legal reserve | 130 | €72,500 | €72,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €87,657 | €87,657 | = | 0.0% |
| Distributable reserves | 133 | €281,272 | €281,272 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€65,341 | -€214,282 | -€148,941 | -228% |
| Amounts payable | 17/49 | €631,393 | €346,644 | -€284,749 | -45.1% |
| Amounts payable within one year | 42/48 | €631,393 | €346,644 | -€284,749 | -45.1% |
| Trade debts | 44 | €450,409 | €190,422 | -€259,987 | -57.7% |
| Suppliers | 440/4 | €450,409 | €190,422 | -€259,987 | -57.7% |
| Advances received on contracts in progress | 46 | €51,667 | €52,878 | +€1,210 | +2.3% |
| Taxes, remuneration and social security | 45 | €109,546 | €86,673 | -€22,872 | -20.9% |
| Taxes | 450/3 | €33,611 | €21,628 | -€11,983 | -35.7% |
| Remuneration and social security | 454/9 | €75,934 | €65,045 | -€10,890 | -14.3% |
| Other amounts payable | 47/48 | €19,771 | €16,672 | -€3,099 | -15.7% |
| Non-recurring operating income | 76A | - | €91,719 | +€91,719 | |
| Remuneration, social security and pensions | 62 | €546,735 | €429,785 | -€116,950 | -21.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,625,869 | €13,702 | -€2.6m | -99.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €105,918 | -€67,794 | -€173,713 | |
| Other operating charges | 640/8 | €83,165 | €89,908 | +€6,743 | +8.1% |
| Non-recurring operating charges | 66A | €6,680 | - | -€6,680 | |
| Gross operating margin | 9900 | €205,934 | €272,411 | +€66,477 | +32.3% |
| Operating profit (loss) | 9901 | -€3,162,433 | -€193,189 | +€3.0m | +93.9% |
| Financial income | 75/76B | €30,009 | €48,500 | +€18,491 | +61.6% |
| Recurring financial income | 75 | €30,009 | €48,500 | +€18,491 | +61.6% |
| Financial charges | 65/66B | €8,536 | €9,780 | +€1,244 | +14.6% |
| Recurring financial charges | 65 | €8,536 | €9,780 | +€1,244 | +14.6% |
| Profit (loss) for the period before taxes | 9903 | -€3,140,961 | -€154,470 | +€3.0m | +95.1% |
| Income taxes | 67/77 | €3,889 | -€5,529 | -€9,418 | |
| Profit (loss) for the period | 9904 | -€3,144,850 | -€148,941 | +€3.0m | +95.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,144,850 | -€148,941 | +€3.0m | +95.3% |
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 26 October 2026 via checked.be.