MATRAD SRL: 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.
MATRAD SRL
Largest movements
- Tangible fixed assets +€20,207
up €20,207 (+1,039%), from €1,945 to €22,152
of which Other tangible fixed assets: +€21,329
- Stocks and contracts +€13,852
up €13,852 (+298%), from €4,641 to €18,493
- Receivables within one year -€3,524
down €3,524 (-14.0%), from €25,138 to €21,614
of which Trade receivables: -€6,165
- Cash +€2,023
up €2,023 (+10.5%), from €19,213 to €21,236
mainly Other debts (+€19,984) and Debts after one year (+€13,093)
- Other debts +€19,984
new in 2025: €19,984
- Profit (loss) carried forward -€19,967
no longer reported in 2025 (was €19,967)
- Debts after one year +€13,093
new in 2025: €13,093
- Reserves +€8,250
up €8,250 (+41.6%), from €19,850 to €28,100
- Trade debts +€7,996
up €7,996 (+311%), from €2,573 to €10,569
- Gross operating margin +€7,504
up €7,504 (+59.8%), from €12,554 to €20,058
- Taxes +€1,228
up €1,228 (+73.0%), from €1,682 to €2,910
- Financial charges +€682
up €682 (+37.9%), from €1,802 to €2,484
- Depreciation +€573
up €573 (+10.5%), from €5,460 to €6,032
- Other operating charges +€435
up €435 (+42.4%), from €1,026 to €1,461
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 | €51,311 | €83,696 | +€32,384 | +63.1% |
| Fixed assets | 21/28 | €1,945 | €22,152 | +€20,207 | +1,039% |
| Tangible fixed assets | 22/27 | €1,945 | €22,152 | +€20,207 | +1,039% |
| Plant, machinery and equipment | 23 | €674 | €247 | -€427 | -63.4% |
| Furniture and vehicles | 24 | €1,270 | €576 | -€695 | -54.7% |
| Other tangible fixed assets | 26 | - | €21,329 | +€21,329 | |
| Current assets | 29/58 | €49,366 | €61,544 | +€12,177 | +24.7% |
| Stocks and contracts in progress | 3 | €4,641 | €18,493 | +€13,852 | +298% |
| Contracts in progress | 37 | €4,641 | €18,493 | +€13,852 | +298% |
| Amounts receivable within one year | 40/41 | €25,138 | €21,614 | -€3,524 | -14.0% |
| Trade receivables | 40 | €8,092 | €1,927 | -€6,165 | -76.2% |
| Other amounts receivable | 41 | €17,046 | €19,687 | +€2,641 | +15.5% |
| Cash at bank and in hand | 54/58 | €19,213 | €21,236 | +€2,023 | +10.5% |
| Deferred charges and accrued income | 490/1 | €375 | €201 | -€174 | -46.4% |
| Total equity and liabilities | 10/49 | €51,311 | €83,696 | +€32,384 | +63.1% |
| Equity | 10/15 | €42,217 | €30,500 | -€11,717 | -27.8% |
| Contributions | 10/11 | €2,400 | €2,400 | = | 0.0% |
| Reserves | 13 | €19,850 | €28,100 | +€8,250 | +41.6% |
| Distributable reserves | 133 | €19,850 | €28,100 | +€8,250 | +41.6% |
| Profit (loss) carried forward | 14 | €19,967 | - | -€19,967 | |
| Amounts payable | 17/49 | €9,094 | €53,196 | +€44,102 | +485% |
| Amounts payable after more than one year | 17 | - | €13,093 | +€13,093 | |
| Financial debts | 170/4 | - | €13,093 | +€13,093 | |
| Amounts payable within one year | 42/48 | €9,094 | €40,103 | +€31,009 | +341% |
| Current portion of amounts payable after more than one year | 42 | - | €3,759 | +€3,759 | |
| Trade debts | 44 | €2,573 | €10,569 | +€7,996 | +311% |
| Suppliers | 440/4 | €2,573 | €10,569 | +€7,996 | +311% |
| Taxes, remuneration and social security | 45 | €6,521 | €5,792 | -€729 | -11.2% |
| Taxes | 450/3 | €6,521 | €5,792 | -€729 | -11.2% |
| Other amounts payable | 47/48 | - | €19,984 | +€19,984 | |
| Non-recurring operating income | 76A | - | €5,526 | +€5,526 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,460 | €6,032 | +€573 | +10.5% |
| Other operating charges | 640/8 | €1,026 | €1,461 | +€435 | +42.4% |
| Gross operating margin | 9900 | €12,554 | €20,058 | +€7,504 | +59.8% |
| Operating profit (loss) | 9901 | €6,069 | €12,565 | +€6,496 | +107% |
| Financial income | 75/76B | €1,124 | €1,096 | -€28 | -2.5% |
| Recurring financial income | 75 | €1,124 | €1,096 | -€28 | -2.5% |
| Financial charges | 65/66B | €1,802 | €2,484 | +€682 | +37.9% |
| Recurring financial charges | 65 | €1,802 | €2,484 | +€682 | +37.9% |
| Profit (loss) for the period before taxes | 9903 | €5,390 | €11,176 | +€5,786 | +107% |
| Income taxes | 67/77 | €1,682 | €2,910 | +€1,228 | +73.0% |
| Profit (loss) for the period | 9904 | €3,709 | €8,266 | +€4,558 | +123% |
| Profit (loss) for the period to be appropriated | 9905 | €3,709 | €8,266 | +€4,558 | +123% |
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 25 October 2026 via checked.be.