MATIZ.: what changed
MATIZ.
Largest movements
- Receivables within one year -€12,656
down €12,656 (-73.5%), from €17,226 to €4,571
of which Trade receivables: -€12,992
- Cash -€9,950
down €9,950 (-37.0%), from €26,904 to €16,954
mainly Net result for the year (-€17,341) and Trade debts (-€9,371)
- Tangible fixed assets -€4,165
down €4,165 (-49.3%), from €8,442 to €4,277
of which Plant, machinery and equipment: -€2,142
- Profit (loss) carried forward -€17,341
down €17,341 (-79.4%), from €21,832 to €4,491
- Trade debts -€9,371
down €9,371 (-57.3%), from €16,344 to €6,973
- Gross operating margin -€22,259
down €22,259 (-54.8%), from €40,627 to €18,368
- Staff costs -€7,768
down €7,768 (-24.3%), from €31,944 to €24,176
- Financial charges +€1,786
up €1,786 (+41.6%), from €4,297 to €6,084
- Other operating charges -€834
down €834 (-38.2%), from €2,184 to €1,350
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €54,128 | €27,848 | -€26,280 | -48.6% |
| Fixed assets | 21/28 | €8,442 | €4,277 | -€4,165 | -49.3% |
| Tangible fixed assets | 22/27 | €8,442 | €4,277 | -€4,165 | -49.3% |
| Plant, machinery and equipment | 23 | €5,542 | €3,400 | -€2,142 | -38.6% |
| Other tangible fixed assets | 26 | €2,900 | €877 | -€2,024 | -69.8% |
| Current assets | 29/58 | €45,686 | €23,571 | -€22,115 | -48.4% |
| Stocks and contracts in progress | 3 | €1,555 | €2,046 | +€491 | +31.6% |
| Stocks | 30/36 | €1,555 | €2,046 | +€491 | +31.6% |
| Amounts receivable within one year | 40/41 | €17,226 | €4,571 | -€12,656 | -73.5% |
| Trade receivables | 40 | €15,441 | €2,449 | -€12,992 | -84.1% |
| Other amounts receivable | 41 | €1,786 | €2,121 | +€336 | +18.8% |
| Cash at bank and in hand | 54/58 | €26,904 | €16,954 | -€9,950 | -37.0% |
| Total equity and liabilities | 10/49 | €54,128 | €27,848 | -€26,280 | -48.6% |
| Equity | 10/15 | €29,892 | €12,551 | -€17,341 | -58.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,832 | €4,491 | -€17,341 | -79.4% |
| Amounts payable | 17/49 | €24,236 | €15,297 | -€8,939 | -36.9% |
| Amounts payable within one year | 42/48 | €24,236 | €15,297 | -€8,939 | -36.9% |
| Current portion of amounts payable after more than one year | 42 | €586 | €871 | +€286 | +48.8% |
| Trade debts | 44 | €16,344 | €6,973 | -€9,371 | -57.3% |
| Suppliers | 440/4 | €16,344 | €6,973 | -€9,371 | -57.3% |
| Taxes, remuneration and social security | 45 | €7,306 | €7,453 | +€147 | +2.0% |
| Taxes | 450/3 | €4,309 | €2,514 | -€1,795 | -41.7% |
| Remuneration and social security | 454/9 | €2,997 | €4,939 | +€1,941 | +64.8% |
| Remuneration, social security and pensions | 62 | €31,944 | €24,176 | -€7,768 | -24.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,531 | €4,165 | -€366 | -8.1% |
| Other operating charges | 640/8 | €2,184 | €1,350 | -€834 | -38.2% |
| Gross operating margin | 9900 | €40,627 | €18,368 | -€22,259 | -54.8% |
| Operating profit (loss) | 9901 | €1,968 | -€11,324 | -€13,291 | |
| Financial income | 75/76B | €333 | €66 | -€267 | -80.1% |
| Recurring financial income | 75 | €333 | €66 | -€267 | -80.1% |
| Financial charges | 65/66B | €4,297 | €6,084 | +€1,786 | +41.6% |
| Recurring financial charges | 65 | €4,297 | €6,084 | +€1,786 | +41.6% |
| Profit (loss) for the period before taxes | 9903 | -€1,997 | -€17,341 | -€15,344 | -768% |
| Income taxes | 67/77 | €23 | - | -€23 | |
| Profit (loss) for the period | 9904 | -€2,020 | -€17,341 | -€15,322 | -759% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,020 | -€17,341 | -€15,322 | -759% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.