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MATLYS: 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.

What changed

MATLYS

BE 0447.935.310
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€21,597
2024 · €29,039-€7,442
Equity
€359,880
2024 · €338,283+€21,597
Cash
€24,269
2024 · €61,447-€37,178
Balance sheet total
€465,274
2024 · €444,309+€20,965

Largest movements

2024 to 2025
Assets
  • Current investments +€60,000

    up €60,000 (+20.0%), from €300,000 to €360,000

  • Cash -€37,178

    down €37,178 (-60.5%), from €61,447 to €24,269

    mainly Current investments (-€60,000) and Other debts (-€5,025)

Equity and liabilities
  • Profit (loss) carried forward +€21,597

    up €21,597 (+63.5%), from -€34,029 to -€12,432

  • Other debts -€5,025

    no longer reported in 2025 (was €5,025)

Income statement
  • Financial income -€4,237

    down €4,237 (-39.6%), from €10,692 to €6,455

  • Gross operating margin -€3,834

    down €3,834 (-12.1%), from €31,744 to €27,910

  • Financial charges -€802

    down €802 (-11.2%), from €7,139 to €6,337

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €29,039
Gross operating margin -€3,834
Other operating charges -€172
Financial income -€4,237
Financial charges +€802
Result 2025 €21,597

Cash bridge derived

cash 2024 to 2025

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.

From operations +€18,417
Investment -€60,000
Financing +€4,405
Cash 2024 €61,447
Net result for the year +€21,597
Depreciation +€728
Receivables within one year +€3,123
Deferred charges and accrued income -€1,995
Trade debts +€2,177
Tax, wage and social debts -€220
Other debts -€5,025
Accrued charges and deferred income -€1,968
Current investments -€60,000
Debts after one year +€4,405
Cash 2025 €24,269
Every line side by side 38 lines
Line Code 2024 2025 Change %
Total assets 20/58 €444,309 €465,274 +€20,965 +4.7%
Fixed assets 21/28 €76,842 €76,113 -€728 -0.9%
Tangible fixed assets 22/27 €76,842 €76,113 -€728 -0.9%
Land and buildings 22 €76,842 €76,113 -€728 -0.9%
Current assets 29/58 €367,467 €389,161 +€21,693 +5.9%
Amounts receivable within one year 40/41 €3,208 €84 -€3,123 -97.4%
Other amounts receivable 41 €3,208 €84 -€3,123 -97.4%
Current investments 50/53 €300,000 €360,000 +€60,000 +20.0%
Cash at bank and in hand 54/58 €61,447 €24,269 -€37,178 -60.5%
Deferred charges and accrued income 490/1 €2,813 €4,808 +€1,995 +70.9%
Total equity and liabilities 10/49 €444,309 €465,274 +€20,965 +4.7%
Equity 10/15 €338,283 €359,880 +€21,597 +6.4%
Contributions 10/11 €371,840 €371,840 = 0.0%
Reserves 13 €472 €472 = 0.0%
Distributable reserves 133 €472 €472 = 0.0%
Profit (loss) carried forward 14 -€34,029 -€12,432 +€21,597 +63.5%
Amounts payable 17/49 €106,026 €105,394 -€632 -0.6%
Amounts payable after more than one year 17 €95,180 €99,584 +€4,405 +4.6%
Other amounts payable 178/9 €95,180 €99,584 +€4,405 +4.6%
Amounts payable within one year 42/48 €8,070 €5,002 -€3,068 -38.0%
Trade debts 44 €938 €3,114 +€2,177 +232.1%
Suppliers 440/4 €938 €3,114 +€2,177 +232.1%
Taxes, remuneration and social security 45 €2,108 €1,888 -€220 -10.4%
Taxes 450/3 €2,108 €1,888 -€220 -10.4%
Other amounts payable 47/48 €5,025 - -€5,025
Accrued charges and deferred income 492/3 €2,776 €808 -€1,968 -70.9%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €728 €728 = 0.0%
Other operating charges 640/8 €5,530 €5,703 +€172 +3.1%
Gross operating margin 9900 €31,744 €27,910 -€3,834 -12.1%
Operating profit (loss) 9901 €25,486 €21,480 -€4,006 -15.7%
Financial income 75/76B €10,692 €6,455 -€4,237 -39.6%
Recurring financial income 75 €10,692 €6,455 -€4,237 -39.6%
Financial charges 65/66B €7,139 €6,337 -€802 -11.2%
Recurring financial charges 65 €7,139 €6,337 -€802 -11.2%
Profit (loss) for the period before taxes 9903 €29,039 €21,597 -€7,442 -25.6%
Income taxes 67/77 €0 €0 =
Profit (loss) for the period 9904 €29,039 €21,597 -€7,442 -25.6%
Profit (loss) for the period to be appropriated 9905 €29,039 €21,597 -€7,442 -25.6%

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.