MATORL: 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.
MATORL
Largest movements
- Cash +€79,737
up €79,737 (+38.9%), from €204,799 to €284,536
mainly Other debts (+€152,223) and Net result for the year (+€151,176)
- Deferred charges and accrued income -€50,415
down €50,415 (-53.1%), from €94,878 to €44,464
- Other debts +€152,223
up €152,223 (+173.1%), from €87,940 to €240,163
- Reserves -€84,118
down €84,118 (-49.9%), from €168,448 to €84,330
- Tax, wage and social debts -€36,547
down €36,547 (-86.1%), from €42,461 to €5,915
- Gross operating margin +€31,458
up €31,458 (+18.9%), from €166,707 to €198,165
- Taxes +€8,403
up €8,403 (+22.5%), from €37,311 to €45,715
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €300,949 | €332,407 | +€31,458 | +10.5% |
| Fixed assets | 21/28 | €1,272 | €2,840 | +€1,568 | +123.3% |
| Tangible fixed assets | 22/27 | €1,272 | €2,840 | +€1,568 | +123.3% |
| Furniture and vehicles | 24 | €1,272 | €2,840 | +€1,568 | +123.3% |
| Current assets | 29/58 | €299,677 | €329,568 | +€29,890 | +10.0% |
| Amounts receivable within one year | 40/41 | - | €568 | +€568 | |
| Trade receivables | 40 | - | €568 | +€568 | |
| Cash at bank and in hand | 54/58 | €204,799 | €284,536 | +€79,737 | +38.9% |
| Deferred charges and accrued income | 490/1 | €94,878 | €44,464 | -€50,415 | -53.1% |
| Total equity and liabilities | 10/49 | €300,949 | €332,407 | +€31,458 | +10.5% |
| Equity | 10/15 | €170,448 | €86,330 | -€84,118 | -49.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €168,448 | €84,330 | -€84,118 | -49.9% |
| Distributable reserves | 133 | €168,448 | €84,330 | -€84,118 | -49.9% |
| Amounts payable | 17/49 | €130,502 | €246,078 | +€115,576 | +88.6% |
| Amounts payable within one year | 42/48 | €130,401 | €246,078 | +€115,677 | +88.7% |
| Taxes, remuneration and social security | 45 | €42,461 | €5,915 | -€36,547 | -86.1% |
| Taxes | 450/3 | €42,461 | €5,915 | -€36,547 | -86.1% |
| Other amounts payable | 47/48 | €87,940 | €240,163 | +€152,223 | +173.1% |
| Accrued charges and deferred income | 492/3 | €101 | - | -€101 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €507 | €679 | +€172 | +34.0% |
| Other operating charges | 640/8 | €195 | €480 | +€285 | +146.7% |
| Gross operating margin | 9900 | €166,707 | €198,165 | +€31,458 | +18.9% |
| Operating profit (loss) | 9901 | €166,005 | €197,006 | +€31,001 | +18.7% |
| Financial income | 75/76B | €0 | €1 | +€1 | +8000.0% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +8000.0% |
| Financial charges | 65/66B | €191 | €116 | -€76 | -39.5% |
| Recurring financial charges | 65 | €191 | €116 | -€76 | -39.5% |
| Profit (loss) for the period before taxes | 9903 | €165,814 | €196,891 | +€31,077 | +18.7% |
| Income taxes | 67/77 | €37,311 | €45,715 | +€8,403 | +22.5% |
| Profit (loss) for the period | 9904 | €128,503 | €151,176 | +€22,674 | +17.6% |
| Profit (loss) for the period to be appropriated | 9905 | €128,503 | €151,176 | +€22,674 | +17.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.