MATLO: 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.
MATLO
Largest movements
- Receivables within one year +€16,706
up €16,706 (+1286.8%), from €1,298 to €18,005
of which Trade receivables: +€16,933
- Tangible fixed assets -€6,172
down €6,172 (-50.0%), from €12,350 to €6,178
- Stocks and contracts -€3,000
no longer reported in 2025 (was €3,000)
- Cash -€2,856
down €2,856 (-48.3%), from €5,918 to €3,062
mainly Receivables within one year (-€16,706)
- Tax, wage and social debts +€3,057
up €3,057 (+8950.4%), from €34 to €3,091
- Profit (loss) carried forward +€1,389
up €1,389, from -€263 to €1,125
- Gross operating margin +€6,999
up €6,999 (+246.3%), from €2,841 to €9,841
- Depreciation -€1,328
down €1,328 (-50.1%), from €2,650 to €1,322
- Taxes +€358
up €358 (+353.6%), from €101 to €459
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 | €22,701 | €27,380 | +€4,679 | +20.6% |
| Fixed assets | 21/28 | €12,485 | €6,313 | -€6,172 | -49.4% |
| Tangible fixed assets | 22/27 | €12,350 | €6,178 | -€6,172 | -50.0% |
| Plant, machinery and equipment | 23 | €12,350 | €6,178 | -€6,172 | -50.0% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €10,216 | €21,067 | +€10,851 | +106.2% |
| Stocks and contracts in progress | 3 | €3,000 | - | -€3,000 | |
| Stocks | 30/36 | €3,000 | - | -€3,000 | |
| Amounts receivable within one year | 40/41 | €1,298 | €18,005 | +€16,706 | +1286.8% |
| Trade receivables | 40 | €1,072 | €18,005 | +€16,933 | +1579.4% |
| Other amounts receivable | 41 | €226 | - | -€226 | |
| Cash at bank and in hand | 54/58 | €5,918 | €3,062 | -€2,856 | -48.3% |
| Total equity and liabilities | 10/49 | €22,701 | €27,380 | +€4,679 | +20.6% |
| Equity | 10/15 | €17,275 | €18,664 | +€1,389 | +8.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €5,138 | €5,138 | = | 0.0% |
| Distributable reserves | 133 | €5,138 | €5,138 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€263 | €1,125 | +€1,389 | |
| Amounts payable | 17/49 | €5,426 | €8,716 | +€3,290 | +60.6% |
| Amounts payable within one year | 42/48 | €5,426 | €8,716 | +€3,290 | +60.6% |
| Trade debts | 44 | €116 | €350 | +€234 | +201.4% |
| Suppliers | 440/4 | €116 | €350 | +€234 | +201.4% |
| Taxes, remuneration and social security | 45 | €34 | €3,091 | +€3,057 | +8950.4% |
| Taxes | 450/3 | €34 | €3,091 | +€3,057 | +8950.4% |
| Other amounts payable | 47/48 | €5,275 | €5,275 | = | 0.0% |
| Non-recurring operating income | 76A | €1,502 | - | -€1,502 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,650 | €1,322 | -€1,328 | -50.1% |
| Other operating charges | 640/8 | €302 | €269 | -€33 | -10.9% |
| Non-recurring operating charges | 66A | - | €6,350 | +€6,350 | |
| Gross operating margin | 9900 | €2,841 | €9,841 | +€6,999 | +246.3% |
| Operating profit (loss) | 9901 | -€111 | €1,900 | +€2,011 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €52 | €52 | +€1 | +1.6% |
| Recurring financial charges | 65 | €52 | €52 | +€1 | +1.6% |
| Profit (loss) for the period before taxes | 9903 | -€162 | €1,848 | +€2,010 | |
| Income taxes | 67/77 | €101 | €459 | +€358 | +353.6% |
| Profit (loss) for the period | 9904 | -€263 | €1,389 | +€1,652 | |
| Profit (loss) for the period to be appropriated | 9905 | -€263 | €1,389 | +€1,652 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.