MATLOU: 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.
MATLOU
Largest movements
- Tangible fixed assets -€9,547
down €9,547 (-37.8%), from €25,235 to €15,688
- Receivables within one year -€6,491
down €6,491 (-39.1%), from €16,586 to €10,095
of which Other amounts receivable: -€5,871
- Profit (loss) carried forward -€13,313
down €13,313 (-37.9%), from €35,099 to €21,786
- Tax, wage and social debts -€2,721
no longer reported in 2025 (was €2,721)
- Gross operating margin -€72,848
down €72,848, from €69,603 to -€3,245
- Staff costs -€6,649
down €6,649 (-99.7%), from €6,669 to €20
- Depreciation +€6,207
up €6,207 (+185.8%), from €3,340 to €9,547
- Taxes -€2,765
no longer reported in 2025 (was €2,765)
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 | €41,820 | €25,786 | -€16,034 | -38.3% |
| Fixed assets | 21/28 | €25,235 | €15,688 | -€9,547 | -37.8% |
| Tangible fixed assets | 22/27 | €25,235 | €15,688 | -€9,547 | -37.8% |
| Furniture and vehicles | 24 | €25,235 | €15,688 | -€9,547 | -37.8% |
| Current assets | 29/58 | €16,586 | €10,098 | -€6,488 | -39.1% |
| Amounts receivable within one year | 40/41 | €16,586 | €10,095 | -€6,491 | -39.1% |
| Trade receivables | 40 | €620 | - | -€620 | |
| Other amounts receivable | 41 | €15,966 | €10,095 | -€5,871 | -36.8% |
| Current investments | 50/53 | - | €3 | +€3 | |
| Cash at bank and in hand | 54/58 | €0 | - | -€0 | |
| Total equity and liabilities | 10/49 | €41,820 | €25,786 | -€16,034 | -38.3% |
| Equity | 10/15 | €39,099 | €25,786 | -€13,313 | -34.0% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,099 | €21,786 | -€13,313 | -37.9% |
| Amounts payable | 17/49 | €2,721 | - | -€2,721 | |
| Amounts payable within one year | 42/48 | €2,721 | - | -€2,721 | |
| Taxes, remuneration and social security | 45 | €2,721 | - | -€2,721 | |
| Taxes | 450/3 | €2,721 | - | -€2,721 | |
| Non-recurring operating income | 76A | €81,800 | - | -€81,800 | |
| Remuneration, social security and pensions | 62 | €6,669 | €20 | -€6,649 | -99.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,340 | €9,547 | +€6,207 | +185.8% |
| Other operating charges | 640/8 | €848 | €335 | -€513 | -60.5% |
| Gross operating margin | 9900 | €69,603 | -€3,245 | -€72,848 | |
| Operating profit (loss) | 9901 | €58,746 | -€13,147 | -€71,893 | |
| Financial income | 75/76B | €88 | - | -€88 | |
| Recurring financial income | 75 | €88 | - | -€88 | |
| Financial charges | 65/66B | €163 | €166 | +€3 | +2.1% |
| Recurring financial charges | 65 | €163 | €166 | +€3 | +2.1% |
| Profit (loss) for the period before taxes | 9903 | €58,672 | -€13,313 | -€71,985 | |
| Income taxes | 67/77 | €2,765 | - | -€2,765 | |
| Profit (loss) for the period | 9904 | €55,907 | -€13,313 | -€69,220 | |
| Profit (loss) for the period to be appropriated | 9905 | €55,907 | -€13,313 | -€69,220 |
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 9 October 2026 via checked.be.