MATJA: 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.
MATJA
Largest movements
- Cash +€142,079
up €142,079 (+144.1%), from €98,584 to €240,664
mainly Net result for the year (+€146,738) and Other debts (+€3,994)
- Deferred charges and accrued income +€6,189
up €6,189 (+21.9%), from €28,306 to €34,495
- Profit (loss) carried forward +€145,879
up €145,879 (+153.9%), from €94,811 to €240,690
- Other debts +€3,994
up €3,994 (+154.1%), from €2,592 to €6,585
- Accrued charges and deferred income -€2,999
down €2,999 (-89.5%), from €3,350 to €351
- Gross operating margin +€87,849
up €87,849 (+84.3%), from €104,210 to €192,059
- Taxes +€22,347
up €22,347 (+102.5%), from €21,811 to €44,158
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 | €128,596 | €278,131 | +€149,535 | +116.3% |
| Fixed assets | 21/28 | €1,706 | €2,972 | +€1,267 | +74.3% |
| Tangible fixed assets | 22/27 | €1,706 | €2,972 | +€1,267 | +74.3% |
| Plant, machinery and equipment | 23 | €1,706 | €2,136 | +€430 | +25.2% |
| Furniture and vehicles | 24 | - | €836 | +€836 | |
| Current assets | 29/58 | €126,890 | €275,158 | +€148,268 | +116.8% |
| Cash at bank and in hand | 54/58 | €98,584 | €240,664 | +€142,079 | +144.1% |
| Deferred charges and accrued income | 490/1 | €28,306 | €34,495 | +€6,189 | +21.9% |
| Total equity and liabilities | 10/49 | €128,596 | €278,131 | +€149,535 | +116.3% |
| Equity | 10/15 | €100,811 | €246,690 | +€145,879 | +144.7% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €94,811 | €240,690 | +€145,879 | +153.9% |
| Amounts payable | 17/49 | €27,785 | €31,440 | +€3,655 | +13.2% |
| Amounts payable within one year | 42/48 | €24,435 | €31,090 | +€6,655 | +27.2% |
| Trade debts | 44 | €0 | €269 | +€269 | |
| Suppliers | 440/4 | €0 | €269 | +€269 | |
| Taxes, remuneration and social security | 45 | €21,843 | €24,235 | +€2,392 | +11.0% |
| Taxes | 450/3 | €21,843 | €24,235 | +€2,392 | +11.0% |
| Other amounts payable | 47/48 | €2,592 | €6,585 | +€3,994 | +154.1% |
| Accrued charges and deferred income | 492/3 | €3,350 | €351 | -€2,999 | -89.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €403 | €494 | +€91 | +22.7% |
| Other operating charges | 640/8 | €159 | €321 | +€162 | +101.6% |
| Gross operating margin | 9900 | €104,210 | €192,059 | +€87,849 | +84.3% |
| Operating profit (loss) | 9901 | €103,648 | €191,244 | +€87,595 | +84.5% |
| Financial income | 75/76B | €0 | €9 | +€9 | +44450.0% |
| Recurring financial income | 75 | €0 | €9 | +€9 | +44450.0% |
| Financial charges | 65/66B | €189 | €356 | +€168 | +89.1% |
| Recurring financial charges | 65 | €189 | €356 | +€168 | +89.1% |
| Profit (loss) for the period before taxes | 9903 | €103,460 | €190,896 | +€87,436 | +84.5% |
| Income taxes | 67/77 | €21,811 | €44,158 | +€22,347 | +102.5% |
| Profit (loss) for the period | 9904 | €81,649 | €146,738 | +€65,089 | +79.7% |
| Profit (loss) for the period to be appropriated | 9905 | €81,649 | €146,738 | +€65,089 | +79.7% |
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 28 September 2026 via checked.be.