MATIXCO: what changed
Two fiscal 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.
MATIXCO
Largest movements
- Current investments +€110,000
up €110,000 (+110.0%), from €100,000 to €210,000
- Cash -€57,630
down €57,630 (-52.8%), from €109,126 to €51,496
mainly Current investments (-€110,000) and Deferred charges and accrued income (-€1,013)
- Reserves +€50,447
up €50,447 (+37.2%), from €135,736 to €186,183
- Gross operating margin -€11,765
down €11,765 (-16.9%), from €69,795 to €58,030
- Taxes -€962
down €962 (-15.2%), from €6,352 to €5,389
- Financial income +€915
up €915 (+114.7%), from €797 to €1,712
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.
Cash bridge derived
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 | €276,188 | €327,136 | +€50,948 | +18.4% |
| Fixed assets | 21/28 | €32,360 | €29,800 | -€2,560 | -7.9% |
| Intangible fixed assets | 21 | €7,200 | €4,800 | -€2,400 | -33.3% |
| Tangible fixed assets | 22/27 | €25,160 | €25,000 | -€160 | -0.6% |
| Other tangible fixed assets | 26 | €25,160 | €25,000 | -€160 | -0.6% |
| Current assets | 29/58 | €243,828 | €297,336 | +€53,507 | +21.9% |
| Amounts receivable within one year | 40/41 | €29,952 | €30,075 | +€124 | +0.4% |
| Trade receivables | 40 | €3,734 | €1,293 | -€2,441 | -65.4% |
| Other amounts receivable | 41 | €26,218 | €28,782 | +€2,565 | +9.8% |
| Current investments | 50/53 | €100,000 | €210,000 | +€110,000 | +110.0% |
| Cash at bank and in hand | 54/58 | €109,126 | €51,496 | -€57,630 | -52.8% |
| Deferred charges and accrued income | 490/1 | €4,751 | €5,764 | +€1,013 | +21.3% |
| Total equity and liabilities | 10/49 | €276,188 | €327,136 | +€50,948 | +18.4% |
| Equity | 10/15 | €263,886 | €314,333 | +€50,447 | +19.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €135,736 | €186,183 | +€50,447 | +37.2% |
| Distributable reserves | 133 | €135,736 | €186,183 | +€50,447 | +37.2% |
| Profit (loss) carried forward | 14 | €109,550 | €109,550 | = | 0.0% |
| Amounts payable | 17/49 | €12,302 | €12,802 | +€501 | +4.1% |
| Amounts payable within one year | 42/48 | €12,302 | €12,802 | +€501 | +4.1% |
| Trade debts | 44 | €710 | €1,886 | +€1,177 | +165.8% |
| Suppliers | 440/4 | €710 | €1,886 | +€1,177 | +165.8% |
| Taxes, remuneration and social security | 45 | €11,592 | €10,916 | -€676 | -5.8% |
| Taxes | 450/3 | €11,592 | €10,916 | -€676 | -5.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,546 | €2,560 | +€14 | +0.5% |
| Other operating charges | 640/8 | €1,414 | €1,286 | -€128 | -9.1% |
| Gross operating margin | 9900 | €69,795 | €58,030 | -€11,765 | -16.9% |
| Operating profit (loss) | 9901 | €65,835 | €54,185 | -€11,650 | -17.7% |
| Financial income | 75/76B | €797 | €1,712 | +€915 | +114.7% |
| Recurring financial income | 75 | €797 | €1,712 | +€915 | +114.7% |
| Financial charges | 65/66B | €59 | €60 | +€2 | +2.6% |
| Recurring financial charges | 65 | €59 | €60 | +€2 | +2.6% |
| Profit (loss) for the period before taxes | 9903 | €66,573 | €55,836 | -€10,737 | -16.1% |
| Income taxes | 67/77 | €6,352 | €5,389 | -€962 | -15.2% |
| Profit (loss) for the period | 9904 | €60,222 | €50,447 | -€9,775 | -16.2% |
| Profit (loss) for the period to be appropriated | 9905 | €60,222 | €50,447 | -€9,775 | -16.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.