Matixis: 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.
Matixis
Largest movements
- Current investments -€300,010
down €300,010 (-99.8%), from €300,594 to €584
- Cash +€282,476
up €282,476 (+717.9%), from €39,350 to €321,826
mainly Other debts (+€404,056) and Current investments (+€300,010)
- Tangible fixed assets -€56,271
down €56,271 (-6.3%), from €889,037 to €832,767
of which Land and buildings: -€43,782
- Reserves -€436,347
down €436,347 (-92.3%), from €472,860 to €36,513
of which Distributable reserves: -€436,347
- Other debts +€404,056
new in 2025: €404,056
- Debts after one year -€28,282
down €28,282 (-15.2%), from €186,651 to €158,369
- Gross operating margin -€40,676
down €40,676 (-42.0%), from €96,777 to €56,100
- Taxes -€10,158
down €10,158, from €9,372 to -€787
- Financial income +€5,676
up €5,676 (+130.1%), from €4,363 to €10,039
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 | €1,246,360 | €1,172,747 | -€73,613 | -5.9% |
| Fixed assets | 21/28 | €889,037 | €832,767 | -€56,271 | -6.3% |
| Tangible fixed assets | 22/27 | €889,037 | €832,767 | -€56,271 | -6.3% |
| Land and buildings | 22 | €866,457 | €822,675 | -€43,782 | -5.1% |
| Furniture and vehicles | 24 | €22,580 | €10,091 | -€12,489 | -55.3% |
| Current assets | 29/58 | €357,323 | €339,981 | -€17,342 | -4.9% |
| Amounts receivable within one year | 40/41 | €14,940 | €12,929 | -€2,012 | -13.5% |
| Trade receivables | 40 | €10,164 | €10,164 | = | 0.0% |
| Other amounts receivable | 41 | €4,776 | €2,765 | -€2,012 | -42.1% |
| Current investments | 50/53 | €300,594 | €584 | -€300,010 | -99.8% |
| Cash at bank and in hand | 54/58 | €39,350 | €321,826 | +€282,476 | +717.9% |
| Deferred charges and accrued income | 490/1 | €2,438 | €4,642 | +€2,204 | +90.4% |
| Total equity and liabilities | 10/49 | €1,246,360 | €1,172,747 | -€73,613 | -5.9% |
| Equity | 10/15 | €1,002,843 | €558,495 | -€444,348 | -44.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €472,860 | €36,513 | -€436,347 | -92.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €471,000 | €34,653 | -€436,347 | -92.6% |
| Profit (loss) carried forward | 14 | €517,583 | €509,582 | -€8,000 | -1.5% |
| Amounts payable | 17/49 | €243,517 | €614,252 | +€370,735 | +152.2% |
| Amounts payable after more than one year | 17 | €186,651 | €158,369 | -€28,282 | -15.2% |
| Financial debts | 170/4 | €186,651 | €158,369 | -€28,282 | -15.2% |
| Amounts payable within one year | 42/48 | €56,867 | €455,883 | +€399,017 | +701.7% |
| Current portion of amounts payable after more than one year | 42 | €27,559 | €28,282 | +€722 | +2.6% |
| Trade debts | 44 | €104 | €3,570 | +€3,466 | +3330.9% |
| Suppliers | 440/4 | €104 | €3,570 | +€3,466 | +3330.9% |
| Taxes, remuneration and social security | 45 | €29,203 | €19,976 | -€9,228 | -31.6% |
| Taxes | 450/3 | €29,203 | €19,976 | -€9,228 | -31.6% |
| Other amounts payable | 47/48 | - | €404,056 | +€404,056 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,131 | €63,809 | +€678 | +1.1% |
| Other operating charges | 640/8 | €5,828 | €5,816 | -€12 | -0.2% |
| Gross operating margin | 9900 | €96,777 | €56,100 | -€40,676 | -42.0% |
| Operating profit (loss) | 9901 | €27,818 | -€13,525 | -€41,343 | |
| Financial income | 75/76B | €4,363 | €10,039 | +€5,676 | +130.1% |
| Recurring financial income | 75 | €4,363 | €10,039 | +€5,676 | +130.1% |
| Financial charges | 65/66B | €6,114 | €5,301 | -€813 | -13.3% |
| Recurring financial charges | 65 | €6,114 | €5,301 | -€813 | -13.3% |
| Profit (loss) for the period before taxes | 9903 | €26,067 | -€8,787 | -€34,854 | |
| Income taxes | 67/77 | €9,372 | -€787 | -€10,158 | |
| Profit (loss) for the period | 9904 | €16,695 | -€8,000 | -€24,696 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,695 | -€8,000 | -€24,696 |
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 10 October 2026 via checked.be.