MATRACO: 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.
What changed
MATRACO
NACE 46.140, Agents in the wholesale of industrial machinery, ships and aircraft
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€451,699
2024 · -€46,584-€405,115
Equity
€686,680
2024 · €1.1m-€451,699
Cash
€6,537
2024 · €3,817+€2,720
Balance sheet total
€722,181
2024 · €2.3m-€1.6m
Largest movements
Assets
- Stocks and contracts -€1.8m
down €1.8m (-76.3%), from €2.3m to €547,540
- Receivables within one year +€149,960
up €149,960 (+836.4%), from €17,929 to €167,890
of which Other amounts receivable: +€148,982
Equity and liabilities
- Current portion of long-term debt -€830,000
down €830,000 (-100.0%), from €830,000 to €0
- Profit (loss) carried forward -€451,699
down €451,699 (-193.8%), from -€233,054 to -€684,753
- Other debts -€276,745
down €276,745 (-100.0%), from €276,745 to €0
- Trade debts -€58,627
down €58,627 (-66.4%), from €88,308 to €29,681
Income statement
- Turnover -€944,427
down €944,427 (-37.3%), from €2.5m to €1.6m
- Financial charges -€99,035
down €99,035 (-76.8%), from €128,966 to €29,931
- Goods and materials -€57,328
down €57,328 (-42.9%), from €133,598 to €76,270
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.
Result 2024
-€46,584
Turnover
-€944,427
Other operating income
+€2,362
Goods and materials
+€57,328
Services and other goods
-€4,125
Write-downs
-€3,458
Other operating charges
-€354
Other operating items
+€381,402
Financial income
+€7,123
Financial charges
+€99,035
Result 2025
-€451,699
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.
From operations
+€832,720
Investment
€0
Financing
-€830,000
Cash 2024
€3,817
From operations (derived)
+€832,720
Net result for the year
-€451,699
Stocks and contracts
+€1.8m
Receivables within one year
-€149,960
Smaller working-capital items
-€1,398
Trade debts
-€58,627
Tax, wage and social debts
+€5,819
Other debts
-€276,745
Financing
-€830,000
Current portion of long-term debt
-€830,000
Cash 2025
€6,537
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,334,617 | €722,181 | -€1.6m | -69.1% |
| Current assets | 29/58 | €2,334,617 | €722,181 | -€1.6m | -69.1% |
| Stocks and contracts in progress | 3 | €2,312,870 | €547,540 | -€1.8m | -76.3% |
| Stocks | 30/36 | €2,312,870 | €547,540 | -€1.8m | -76.3% |
| Work in progress | 32 | €2,312,870 | €547,540 | -€1.8m | -76.3% |
| Amounts receivable within one year | 40/41 | €17,929 | €167,890 | +€149,960 | +836.4% |
| Trade receivables | 40 | €3,458 | €4,436 | +€978 | +28.3% |
| Other amounts receivable | 41 | €14,472 | €163,454 | +€148,982 | +1029.5% |
| Cash at bank and in hand | 54/58 | €3,817 | €6,537 | +€2,720 | +71.2% |
| Deferred charges and accrued income | 490/1 | - | €214 | +€214 | |
| Total equity and liabilities | 10/49 | €2,334,617 | €722,181 | -€1.6m | -69.1% |
| Equity | 10/15 | €1,138,380 | €686,680 | -€451,699 | -39.7% |
| Contributions | 10/11 | €1,200,000 | €1,200,000 | = | 0.0% |
| Capital | 10 | €1,200,000 | €1,200,000 | = | 0.0% |
| Issued capital | 100 | €1,200,000 | €1,200,000 | = | 0.0% |
| Reserves | 13 | €171,433 | €171,433 | = | 0.0% |
| Non-distributable reserves | 130/1 | €110,890 | €110,890 | = | 0.0% |
| Legal reserve | 130 | €110,890 | €110,890 | = | 0.0% |
| Distributable reserves | 133 | €60,544 | €60,544 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€233,054 | -€684,753 | -€451,699 | -193.8% |
| Amounts payable | 17/49 | €1,196,237 | €35,500 | -€1.2m | -97.0% |
| Amounts payable within one year | 42/48 | €1,195,053 | €35,500 | -€1.2m | -97.0% |
| Current portion of amounts payable after more than one year | 42 | €830,000 | €0 | -€830,000 | -100.0% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €88,308 | €29,681 | -€58,627 | -66.4% |
| Suppliers | 440/4 | €88,308 | €29,681 | -€58,627 | -66.4% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €0 | €5,819 | +€5,819 | |
| Taxes | 450/3 | €0 | €5,819 | +€5,819 | |
| Other amounts payable | 47/48 | €276,745 | €0 | -€276,745 | -100.0% |
| Accrued charges and deferred income | 492/3 | €1,184 | €0 | -€1,184 | -100.0% |
| Operating income | 70/76A | €427,109 | -€133,554 | -€560,664 | |
| Turnover | 70 | €2,534,408 | €1,589,981 | -€944,427 | -37.3% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | -€2,200,777 | -€1,765,330 | +€435,447 | +19.8% |
| Other operating income | 74 | €1,858 | €4,220 | +€2,362 | +127.2% |
| Non-recurring operating income | 76A | €91,620 | €37,575 | -€54,046 | -59.0% |
| Operating charges | 60/66A | €344,728 | €295,337 | -€49,391 | -14.3% |
| Goods for resale, raw materials and consumables | 60 | €133,598 | €76,270 | -€57,328 | -42.9% |
| Purchases | 600/8 | €133,598 | €76,270 | -€57,328 | -42.9% |
| Services and other goods | 61 | €210,101 | €214,226 | +€4,125 | +2.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €3,458 | +€3,458 | |
| Other operating charges | 640/8 | €1,030 | €1,383 | +€354 | +34.4% |
| Operating profit (loss) | 9901 | €82,381 | -€428,891 | -€511,273 | |
| Financial income | 75/76B | - | €7,123 | +€7,123 | |
| Recurring financial income | 75 | - | €7,123 | +€7,123 | |
| Income from financial fixed assets | 750 | - | €890 | +€890 | |
| Other financial income | 752/9 | - | €6,233 | +€6,233 | |
| Financial charges | 65/66B | €128,966 | €29,931 | -€99,035 | -76.8% |
| Recurring financial charges | 65 | €128,966 | €29,931 | -€99,035 | -76.8% |
| Debt charges | 650 | €123,783 | €28,695 | -€95,088 | -76.8% |
| Other financial charges | 652/9 | €5,182 | €1,235 | -€3,947 | -76.2% |
| Profit (loss) for the period before taxes | 9903 | -€46,584 | -€451,699 | -€405,115 | -869.6% |
| Profit (loss) for the period | 9904 | -€46,584 | -€451,699 | -€405,115 | -869.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€46,584 | -€451,699 | -€405,115 | -869.6% |
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 12 October 2026 via checked.be.