MATLIS: 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.
MATLIS
Largest movements
- Cash -€22,159
down €22,159 (-53.3%), from €41,613 to €19,453
mainly Debts after one year (-€51,461) and Investment in fixed assets (net) (-€23,608)
- Tangible fixed assets -€12,359
down €12,359 (-1.5%), from €848,938 to €836,579
of which Land and buildings: -€11,061
- Debts after one year -€51,461
no longer reported in 2025 (was €51,461)
- Other debts +€25,497
up €25,497 (+5.4%), from €467,931 to €493,428
- Current portion of long-term debt -€17,154
down €17,154 (-25.0%), from €68,614 to €51,461
- Gross operating margin -€29,551
down €29,551 (-36.6%), from €80,688 to €51,137
- Depreciation -€19,589
down €19,589 (-35.3%), from €55,556 to €35,967
- Taxes -€4,233
down €4,233 (-77.7%), from €5,449 to €1,217
- Other operating charges +€2,194
up €2,194 (+151%), from €1,451 to €3,644
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 | €896,875 | €858,743 | -€38,132 | -4.3% |
| Fixed assets | 21/28 | €848,938 | €836,579 | -€12,359 | -1.5% |
| Tangible fixed assets | 22/27 | €848,938 | €836,579 | -€12,359 | -1.5% |
| Land and buildings | 22 | €839,030 | €827,969 | -€11,061 | -1.3% |
| Plant, machinery and equipment | 23 | €9,908 | €8,610 | -€1,298 | -13.1% |
| Current assets | 29/58 | €47,937 | €22,164 | -€25,773 | -53.8% |
| Cash at bank and in hand | 54/58 | €41,613 | €19,453 | -€22,159 | -53.3% |
| Deferred charges and accrued income | 490/1 | €6,325 | €2,711 | -€3,614 | -57.1% |
| Total equity and liabilities | 10/49 | €896,875 | €858,743 | -€38,132 | -4.3% |
| Equity | 10/15 | €302,499 | €308,885 | +€6,385 | +2.1% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Capital | 10 | €60,000 | €60,000 | = | 0.0% |
| Issued capital | 100 | €60,000 | €60,000 | = | 0.0% |
| Reserves | 13 | €162,000 | €162,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,000 | €6,000 | = | 0.0% |
| Legal reserve | 130 | €6,000 | €6,000 | = | 0.0% |
| Distributable reserves | 133 | €156,000 | €156,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €80,499 | €86,885 | +€6,385 | +7.9% |
| Amounts payable | 17/49 | €594,376 | €549,859 | -€44,517 | -7.5% |
| Amounts payable after more than one year | 17 | €51,461 | - | -€51,461 | |
| Financial debts | 170/4 | €51,461 | - | -€51,461 | |
| Amounts payable within one year | 42/48 | €542,915 | €549,859 | +€6,943 | +1.3% |
| Current portion of amounts payable after more than one year | 42 | €68,614 | €51,461 | -€17,154 | -25.0% |
| Trade debts | 44 | €796 | €796 | = | 0.0% |
| Suppliers | 440/4 | €796 | €796 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €5,575 | €4,175 | -€1,400 | -25.1% |
| Taxes | 450/3 | €5,575 | €4,175 | -€1,400 | -25.1% |
| Other amounts payable | 47/48 | €467,931 | €493,428 | +€25,497 | +5.4% |
| Non-recurring operating income | 76A | - | €11,785 | +€11,785 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,556 | €35,967 | -€19,589 | -35.3% |
| Other operating charges | 640/8 | €1,451 | €3,644 | +€2,194 | +151% |
| Gross operating margin | 9900 | €80,688 | €51,137 | -€29,551 | -36.6% |
| Operating profit (loss) | 9901 | €23,681 | €11,526 | -€12,156 | -51.3% |
| Financial charges | 65/66B | €4,154 | €3,924 | -€230 | -5.5% |
| Recurring financial charges | 65 | €4,154 | €3,924 | -€230 | -5.5% |
| Profit (loss) for the period before taxes | 9903 | €19,528 | €7,602 | -€11,926 | -61.1% |
| Income taxes | 67/77 | €5,449 | €1,217 | -€4,233 | -77.7% |
| Profit (loss) for the period | 9904 | €14,079 | €6,385 | -€7,693 | -54.6% |
| Profit (loss) for the period to be appropriated | 9905 | €14,079 | €6,385 | -€7,693 | -54.6% |
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 28 October 2026 via checked.be.