Matloub Construct: 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.
Matloub Construct
Largest movements
- Tangible fixed assets +€61,894
up €61,894 (+613%), from €10,097 to €71,991
- Stocks and contracts +€25,350
new in 2025: €25,350
- Cash -€11,819
down €11,819 (-45.7%), from €25,889 to €14,070
mainly Investment in fixed assets (net) (-€70,082) and Stocks and contracts (-€25,350)
- Receivables within one year +€9,502
up €9,502 (+64.1%), from €14,814 to €24,317
of which Trade receivables: +€6,752
- Other debts +€52,423
up €52,423 (+3,370%), from €1,556 to €53,979
- Debts after one year +€37,969
up €37,969 (+750%), from €5,064 to €43,032
- Reserves -€17,815
down €17,815 (-67.1%), from €26,554 to €8,739
- Current portion of long-term debt +€9,758
up €9,758 (+179%), from €5,444 to €15,201
- Trade debts +€2,116
up €2,116 (+33.4%), from €6,330 to €8,446
- Gross operating margin -€37,028
down €37,028, from €28,677 to -€8,351
- Other operating charges -€19,637
down €19,637 (-95.3%), from €20,612 to €976
- Write-downs +€19,277
no longer reported in 2025 (was -€19,277)
- Taxes -€4,354
no longer reported in 2025 (was €4,354)
- Staff costs -€2,116
no longer reported in 2025 (was €2,116)
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 | €53,372 | €138,651 | +€85,278 | +160% |
| Fixed assets | 21/28 | €10,333 | €71,991 | +€61,658 | +597% |
| Tangible fixed assets | 22/27 | €10,097 | €71,991 | +€61,894 | +613% |
| Furniture and vehicles | 24 | €10,097 | €71,991 | +€61,894 | +613% |
| Financial fixed assets | 28 | €236 | - | -€236 | |
| Current assets | 29/58 | €43,039 | €66,660 | +€23,621 | +54.9% |
| Stocks and contracts in progress | 3 | - | €25,350 | +€25,350 | |
| Stocks | 30/36 | - | €25,350 | +€25,350 | |
| Amounts receivable within one year | 40/41 | €14,814 | €24,317 | +€9,502 | +64.1% |
| Trade receivables | 40 | €10,179 | €16,932 | +€6,752 | +66.3% |
| Other amounts receivable | 41 | €4,635 | €7,385 | +€2,750 | +59.3% |
| Cash at bank and in hand | 54/58 | €25,889 | €14,070 | -€11,819 | -45.7% |
| Deferred charges and accrued income | 490/1 | €2,336 | €2,923 | +€587 | +25.1% |
| Total equity and liabilities | 10/49 | €53,372 | €138,651 | +€85,278 | +160% |
| Equity | 10/15 | €27,554 | €9,739 | -€17,815 | -64.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €26,554 | €8,739 | -€17,815 | -67.1% |
| Distributable reserves | 133 | €26,554 | €8,739 | -€17,815 | -67.1% |
| Amounts payable | 17/49 | €25,818 | €128,912 | +€103,093 | +399% |
| Amounts payable after more than one year | 17 | €5,064 | €43,032 | +€37,969 | +750% |
| Financial debts | 170/4 | €5,064 | €43,032 | +€37,969 | +750% |
| Amounts payable within one year | 42/48 | €20,755 | €85,880 | +€65,125 | +314% |
| Current portion of amounts payable after more than one year | 42 | €5,444 | €15,201 | +€9,758 | +179% |
| Trade debts | 44 | €6,330 | €8,446 | +€2,116 | +33.4% |
| Suppliers | 440/4 | €6,330 | €8,446 | +€2,116 | +33.4% |
| Taxes, remuneration and social security | 45 | €7,426 | €8,254 | +€828 | +11.2% |
| Taxes | 450/3 | €7,426 | €4,354 | -€3,072 | -41.4% |
| Remuneration and social security | 454/9 | - | €3,900 | +€3,900 | |
| Other amounts payable | 47/48 | €1,556 | €53,979 | +€52,423 | +3,370% |
| Remuneration, social security and pensions | 62 | €2,116 | - | -€2,116 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,441 | €8,424 | +€1,983 | +30.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€19,277 | - | +€19,277 | |
| Other operating charges | 640/8 | €20,612 | €976 | -€19,637 | -95.3% |
| Gross operating margin | 9900 | €28,677 | -€8,351 | -€37,028 | |
| Operating profit (loss) | 9901 | €18,784 | -€17,751 | -€36,535 | |
| Financial income | 75/76B | €789 | €565 | -€224 | -28.4% |
| Recurring financial income | 75 | €789 | €565 | -€224 | -28.4% |
| Financial charges | 65/66B | €1,018 | €629 | -€389 | -38.2% |
| Recurring financial charges | 65 | €1,018 | €629 | -€389 | -38.2% |
| Profit (loss) for the period before taxes | 9903 | €18,555 | -€17,815 | -€36,370 | |
| Income taxes | 67/77 | €4,354 | - | -€4,354 | |
| Profit (loss) for the period | 9904 | €14,201 | -€17,815 | -€32,016 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,201 | -€17,815 | -€32,016 |
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 14 October 2026 via checked.be.