MATRABIKE: 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.
MATRABIKE
Largest movements
- Cash -€46,531
down €46,531 (-44.6%), from €104,409 to €57,878
mainly Trade debts (-€35,015) and Receivables within one year (-€34,019)
- Receivables within one year +€34,019
up €34,019 (+9.0%), from €378,234 to €412,253
of which Trade receivables: +€21,900
- Tangible fixed assets -€11,750
down €11,750 (-5.3%), from €222,000 to €210,250
- Trade debts -€35,015
down €35,015 (-31.1%), from €112,568 to €77,553
- Profit (loss) carried forward +€33,554
up €33,554 (+30.3%), from €110,790 to €144,344
- Tax, wage and social debts -€12,772
down €12,772 (-13.0%), from €98,221 to €85,449
of which Taxes: -€10,368
- Revaluation surpluses -€10,002
down €10,002 (-6.2%), from €160,025 to €150,023
- Reserves +€10,002
up €10,002 (+20.9%), from €47,793 to €57,794
of which Distributable reserves: +€10,002
- Gross operating margin -€222,634
down €222,634 (-56.8%), from €392,043 to €169,409
- Staff costs -€89,676
down €89,676 (-49.8%), from €180,138 to €90,462
- Financial charges -€45,450
down €45,450 (-69.1%), from €65,765 to €20,314
- Taxes +€17,756
new in 2025: €17,756
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.
Cash bridge derived
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 | €911,558 | €891,863 | -€19,695 | -2.2% |
| Fixed assets | 21/28 | €222,000 | €210,250 | -€11,750 | -5.3% |
| Tangible fixed assets | 22/27 | €222,000 | €210,250 | -€11,750 | -5.3% |
| Land and buildings | 22 | €222,000 | €210,250 | -€11,750 | -5.3% |
| Current assets | 29/58 | €689,558 | €681,613 | -€7,945 | -1.2% |
| Stocks and contracts in progress | 3 | €202,000 | €208,500 | +€6,500 | +3.2% |
| Stocks | 30/36 | €202,000 | €208,500 | +€6,500 | +3.2% |
| Amounts receivable within one year | 40/41 | €378,234 | €412,253 | +€34,019 | +9.0% |
| Trade receivables | 40 | €10,100 | €32,000 | +€21,900 | +216.8% |
| Other amounts receivable | 41 | €368,134 | €380,253 | +€12,119 | +3.3% |
| Cash at bank and in hand | 54/58 | €104,409 | €57,878 | -€46,531 | -44.6% |
| Deferred charges and accrued income | 490/1 | €4,915 | €2,982 | -€1,933 | -39.3% |
| Total equity and liabilities | 10/49 | €911,558 | €891,863 | -€19,695 | -2.2% |
| Equity | 10/15 | €518,608 | €552,162 | +€33,554 | +6.5% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Revaluation surpluses | 12 | €160,025 | €150,023 | -€10,002 | -6.2% |
| Reserves | 13 | €47,793 | €57,794 | +€10,002 | +20.9% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €47,793 | €57,794 | +€10,002 | +20.9% |
| Profit (loss) carried forward | 14 | €110,790 | €144,344 | +€33,554 | +30.3% |
| Amounts payable | 17/49 | €392,950 | €339,701 | -€53,249 | -13.6% |
| Amounts payable within one year | 42/48 | €385,789 | €339,701 | -€46,088 | -11.9% |
| Financial debts | 43 | €175,000 | €175,000 | = | 0.0% |
| Credit institutions | 430/8 | €175,000 | €175,000 | = | 0.0% |
| Trade debts | 44 | €112,568 | €77,553 | -€35,015 | -31.1% |
| Suppliers | 440/4 | €112,568 | €77,553 | -€35,015 | -31.1% |
| Advances received on contracts in progress | 46 | - | €1,699 | +€1,699 | |
| Taxes, remuneration and social security | 45 | €98,221 | €85,449 | -€12,772 | -13.0% |
| Taxes | 450/3 | €93,058 | €82,690 | -€10,368 | -11.1% |
| Remuneration and social security | 454/9 | €5,164 | €2,759 | -€2,405 | -46.6% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €7,161 | €0 | -€7,161 | -100.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €180,138 | €90,462 | -€89,676 | -49.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,750 | €11,750 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €6,422 | €3,982 | -€2,440 | -38.0% |
| Gross operating margin | 9900 | €392,043 | €169,409 | -€222,634 | -56.8% |
| Operating profit (loss) | 9901 | €193,733 | €63,216 | -€130,517 | -67.4% |
| Financial income | 75/76B | €9,078 | €8,408 | -€670 | -7.4% |
| Recurring financial income | 75 | €9,078 | €8,408 | -€670 | -7.4% |
| Financial charges | 65/66B | €65,765 | €20,314 | -€45,450 | -69.1% |
| Recurring financial charges | 65 | €65,765 | €20,314 | -€45,450 | -69.1% |
| Profit (loss) for the period before taxes | 9903 | €137,046 | €51,309 | -€85,737 | -62.6% |
| Income taxes | 67/77 | - | €17,756 | +€17,756 | |
| Profit (loss) for the period | 9904 | €137,046 | €33,554 | -€103,492 | -75.5% |
| Profit (loss) for the period to be appropriated | 9905 | €137,046 | €33,554 | -€103,492 | -75.5% |
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 6 October 2026 via checked.be.