Mato: 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.
Mato
Largest movements
- Tangible fixed assets -€39,844
down €39,844 (-29.2%), from €136,485 to €96,641
of which Furniture and vehicles: -€22,297
- Cash -€22,743
down €22,743 (-84.5%), from €26,908 to €4,165
mainly Debts after one year (-€26,704) and Net result for the year (-€20,953)
- Receivables within one year +€8,449
up €8,449 (+70.0%), from €12,070 to €20,519
of which Trade receivables: +€6,833
- Deferred charges and accrued income -€4,028
down €4,028 (-26.6%), from €15,137 to €11,110
- Debts after one year -€26,704
down €26,704 (-27.3%), from €97,991 to €71,287
- Profit (loss) carried forward -€20,953
down €20,953 (-615%), from -€3,406 to -€24,359
- Current portion of long-term debt -€8,032
down €8,032 (-23.0%), from €34,937 to €26,906
- Tax, wage and social debts -€6,130
no longer reported in 2025 (was €6,130)
- Trade debts +€2,816
up €2,816 (+59.2%), from €4,755 to €7,571
- Gross operating margin -€43,266
down €43,266 (-62.5%), from €69,248 to €25,982
- Depreciation -€2,201
down €2,201 (-5.1%), from €43,497 to €41,296
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 | €190,600 | €132,436 | -€58,165 | -30.5% |
| Fixed assets | 21/28 | €136,485 | €96,641 | -€39,844 | -29.2% |
| Tangible fixed assets | 22/27 | €136,485 | €96,641 | -€39,844 | -29.2% |
| Plant, machinery and equipment | 23 | €30,355 | €12,809 | -€17,547 | -57.8% |
| Furniture and vehicles | 24 | €106,129 | €83,833 | -€22,297 | -21.0% |
| Current assets | 29/58 | €54,116 | €35,794 | -€18,321 | -33.9% |
| Amounts receivable within one year | 40/41 | €12,070 | €20,519 | +€8,449 | +70.0% |
| Trade receivables | 40 | €11,466 | €18,299 | +€6,833 | +59.6% |
| Other amounts receivable | 41 | €605 | €2,221 | +€1,616 | +267% |
| Cash at bank and in hand | 54/58 | €26,908 | €4,165 | -€22,743 | -84.5% |
| Deferred charges and accrued income | 490/1 | €15,137 | €11,110 | -€4,028 | -26.6% |
| Total equity and liabilities | 10/49 | €190,600 | €132,436 | -€58,165 | -30.5% |
| Equity | 10/15 | €16,360 | -€4,593 | -€20,953 | |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €18,766 | €18,766 | = | 0.0% |
| Distributable reserves | 133 | €18,766 | €18,766 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,406 | -€24,359 | -€20,953 | -615% |
| Amounts payable | 17/49 | €174,240 | €137,028 | -€37,212 | -21.4% |
| Amounts payable after more than one year | 17 | €97,991 | €71,287 | -€26,704 | -27.3% |
| Financial debts | 170/4 | €97,991 | €71,287 | -€26,704 | -27.3% |
| Amounts payable within one year | 42/48 | €76,249 | €65,742 | -€10,507 | -13.8% |
| Current portion of amounts payable after more than one year | 42 | €34,937 | €26,906 | -€8,032 | -23.0% |
| Trade debts | 44 | €4,755 | €7,571 | +€2,816 | +59.2% |
| Suppliers | 440/4 | €4,755 | €7,571 | +€2,816 | +59.2% |
| Taxes, remuneration and social security | 45 | €6,130 | - | -€6,130 | |
| Taxes | 450/3 | €6,130 | - | -€6,130 | |
| Other amounts payable | 47/48 | €30,426 | €31,265 | +€838 | +2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,497 | €41,296 | -€2,201 | -5.1% |
| Other operating charges | 640/8 | €1,713 | €1,428 | -€285 | -16.6% |
| Gross operating margin | 9900 | €69,248 | €25,982 | -€43,266 | -62.5% |
| Operating profit (loss) | 9901 | €24,038 | -€16,742 | -€40,781 | |
| Financial income | 75/76B | €21 | €36 | +€15 | +69.7% |
| Recurring financial income | 75 | €21 | €36 | +€15 | +69.7% |
| Financial charges | 65/66B | €4,203 | €4,247 | +€44 | +1.0% |
| Recurring financial charges | 65 | €4,203 | €4,247 | +€44 | +1.0% |
| Profit (loss) for the period before taxes | 9903 | €19,857 | -€20,953 | -€40,810 | |
| Income taxes | 67/77 | -€45 | - | +€45 | |
| Profit (loss) for the period | 9904 | €19,901 | -€20,953 | -€40,854 | |
| Profit (loss) for the period to be appropriated | 9905 | €19,901 | -€20,953 | -€40,854 |
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 20 October 2026 via checked.be.