Matonge Asset: what changed
Matonge Asset
Largest movements
- Cash +€3,903
up €3,903 (+36.7%), from €10,635 to €14,538
mainly Depreciation (+€4,280) and Tax, wage and social debts (+€1,153)
- Intangible fixed assets -€3,500
down €3,500 (-10.3%), from €34,028 to €30,528
- Tangible fixed assets -€780
down €780 (-10.5%), from €7,410 to €6,630
- Profit (loss) carried forward -€1,730
down €1,730 (-25.0%), from -€6,928 to -€8,658
- Tax, wage and social debts +€1,153
new in 2025: €1,153
- Gross operating margin +€7,989
up €7,989, from -€5,441 to €2,547
- Depreciation +€2,918
up €2,918 (+214%), from €1,362 to €4,280
- Financial charges -€126
down €126, from €124 to -€2
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €73,072 | €72,695 | -€377 | -0.5% |
| Fixed assets | 21/28 | €62,438 | €58,158 | -€4,280 | -6.9% |
| Intangible fixed assets | 21 | €34,028 | €30,528 | -€3,500 | -10.3% |
| Tangible fixed assets | 22/27 | €7,410 | €6,630 | -€780 | -10.5% |
| Plant, machinery and equipment | 23 | €7,410 | €6,630 | -€780 | -10.5% |
| Financial fixed assets | 28 | €21,000 | €21,000 | = | 0.0% |
| Current assets | 29/58 | €10,635 | €14,538 | +€3,903 | +36.7% |
| Cash at bank and in hand | 54/58 | €10,635 | €14,538 | +€3,903 | +36.7% |
| Total equity and liabilities | 10/49 | €73,072 | €72,695 | -€377 | -0.5% |
| Equity | 10/15 | €73,072 | €71,342 | -€1,730 | -2.4% |
| Contributions | 10/11 | €80,000 | €80,000 | = | 0.0% |
| Capital | 10 | €10,000 | €10,000 | = | 0.0% |
| Issued capital | 100 | €10,000 | €10,000 | = | 0.0% |
| Contributions outside capital | 11 | €70,000 | €70,000 | = | 0.0% |
| Share premium | 1100/10 | €70,000 | €70,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,928 | -€8,658 | -€1,730 | -25.0% |
| Amounts payable | 17/49 | - | €1,353 | +€1,353 | |
| Amounts payable within one year | 42/48 | - | €1,353 | +€1,353 | |
| Taxes, remuneration and social security | 45 | - | €1,153 | +€1,153 | |
| Taxes | 450/3 | - | €1,153 | +€1,153 | |
| Other amounts payable | 47/48 | - | €200 | +€200 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,362 | €4,280 | +€2,918 | +214% |
| Gross operating margin | 9900 | -€5,441 | €2,547 | +€7,989 | |
| Operating profit (loss) | 9901 | -€6,804 | -€1,733 | +€5,071 | +74.5% |
| Financial charges | 65/66B | €124 | -€2 | -€126 | |
| Recurring financial charges | 65 | €124 | -€2 | -€126 | |
| Profit (loss) for the period before taxes | 9903 | -€6,928 | -€1,730 | +€5,197 | +75.0% |
| Profit (loss) for the period | 9904 | -€6,928 | -€1,730 | +€5,197 | +75.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,928 | -€1,730 | +€5,197 | +75.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.