MATRALAT: 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.
MATRALAT
Largest movements
- Receivables within one year +€623,561
up €623,561 (+36.3%), from €1.7m to €2.3m
of which Other amounts receivable: +€615,410
- Cash -€241,423
down €241,423 (-78.4%), from €307,991 to €66,568
mainly Receivables within one year (-€623,561) and Investment in fixed assets (net) (-€17,634)
- Tangible fixed assets -€152,016
down €152,016 (-5.0%), from €3.0m to €2.9m
of which Land and buildings: -€101,015
- Debts after one year +€140,000
up €140,000 (+9.3%), from €1.5m to €1.6m
of which Other amounts payable: +€140,000
- Reserves +€69,325
up €69,325 (+17.1%), from €404,490 to €473,814
of which Distributable reserves: +€79,272
- Purchases and services +€59,240
up €59,240 (+46.7%), from €126,775 to €186,015
- Turnover +€38,475
up €38,475 (+8.2%), from €466,683 to €505,157
- Depreciation -€20,698
down €20,698 (-10.9%), from €190,347 to €169,650
- Other operating charges +€16,490
up €16,490 (+27.6%), from €59,849 to €76,339
- Financial income +€13,530
up €13,530 (+15.1%), from €89,313 to €102,843
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 | €5,054,297 | €5,284,555 | +€230,258 | +4.6% |
| Fixed assets | 21/28 | €3,029,461 | €2,877,445 | -€152,016 | -5.0% |
| Tangible fixed assets | 22/27 | €3,029,461 | €2,877,445 | -€152,016 | -5.0% |
| Land and buildings | 22 | €2,715,534 | €2,614,519 | -€101,015 | -3.7% |
| Plant, machinery and equipment | 23 | €80,913 | €59,296 | -€21,617 | -26.7% |
| Other tangible fixed assets | 26 | €233,014 | €203,629 | -€29,384 | -12.6% |
| Current assets | 29/58 | €2,024,836 | €2,407,110 | +€382,274 | +18.9% |
| Amounts receivable within one year | 40/41 | €1,716,594 | €2,340,156 | +€623,561 | +36.3% |
| Trade receivables | 40 | €10,945 | €19,097 | +€8,152 | +74.5% |
| Other amounts receivable | 41 | €1,705,649 | €2,321,059 | +€615,410 | +36.1% |
| Cash at bank and in hand | 54/58 | €307,991 | €66,568 | -€241,423 | -78.4% |
| Deferred charges and accrued income | 490/1 | €251 | €386 | +€136 | +54.2% |
| Total equity and liabilities | 10/49 | €5,054,297 | €5,284,555 | +€230,258 | +4.6% |
| Equity | 10/15 | €3,355,740 | €3,425,064 | +€69,325 | +2.1% |
| Contributions | 10/11 | €1,000,000 | €1,000,000 | = | 0.0% |
| Revaluation surpluses | 12 | €1,951,250 | €1,951,250 | = | 0.0% |
| Reserves | 13 | €404,490 | €473,814 | +€69,325 | +17.1% |
| Tax-exempt reserves | 132 | €212,455 | €202,508 | -€9,947 | -4.7% |
| Distributable reserves | 133 | €192,034 | €271,306 | +€79,272 | +41.3% |
| Provisions and deferred taxes | 16 | €70,818 | €67,503 | -€3,316 | -4.7% |
| Deferred taxes | 168 | €70,818 | €67,503 | -€3,316 | -4.7% |
| Amounts payable | 17/49 | €1,627,739 | €1,791,988 | +€164,249 | +10.1% |
| Amounts payable after more than one year | 17 | €1,501,440 | €1,641,440 | +€140,000 | +9.3% |
| Financial debts | 170/4 | €1,500,000 | €1,500,000 | = | 0.0% |
| Other amounts payable | 178/9 | €1,440 | €141,440 | +€140,000 | +9,722% |
| Amounts payable within one year | 42/48 | €120,532 | €148,275 | +€27,743 | +23.0% |
| Trade debts | 44 | €106,798 | €96,201 | -€10,596 | -9.9% |
| Suppliers | 440/4 | €106,798 | €96,201 | -€10,596 | -9.9% |
| Taxes, remuneration and social security | 45 | €13,735 | €52,074 | +€38,339 | +279% |
| Taxes | 450/3 | €3,453 | €41,328 | +€37,875 | +1,097% |
| Remuneration and social security | 454/9 | €10,282 | €10,745 | +€464 | +4.5% |
| Accrued charges and deferred income | 492/3 | €5,767 | €2,273 | -€3,494 | -60.6% |
| Turnover | 70 | €466,683 | €505,157 | +€38,475 | +8.2% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €126,775 | €186,015 | +€59,240 | +46.7% |
| Remuneration, social security and pensions | 62 | €87,312 | €94,046 | +€6,734 | +7.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €190,347 | €169,650 | -€20,698 | -10.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | -€3,193 | -€3,193 | |
| Other operating charges | 640/8 | €59,849 | €76,339 | +€16,490 | +27.6% |
| Gross operating margin | 9900 | €341,297 | €338,394 | -€2,902 | -0.9% |
| Operating profit (loss) | 9901 | €3,788 | €1,552 | -€2,236 | -59.0% |
| Financial income | 75/76B | €89,313 | €102,843 | +€13,530 | +15.1% |
| Recurring financial income | 75 | €89,313 | €102,843 | +€13,530 | +15.1% |
| Financial charges | 65/66B | €14,751 | €15,909 | +€1,157 | +7.8% |
| Recurring financial charges | 65 | €14,751 | €15,909 | +€1,157 | +7.8% |
| Profit (loss) for the period before taxes | 9903 | €78,349 | €88,486 | +€10,137 | +12.9% |
| Transfer from deferred taxes | 780 | €3,022 | €3,316 | +€294 | +9.7% |
| Income taxes | 67/77 | €24,941 | €22,477 | -€2,464 | -9.9% |
| Profit (loss) for the period | 9904 | €56,430 | €69,325 | +€12,895 | +22.9% |
| Transfer from tax-exempt reserves | 789 | €9,065 | €9,947 | +€882 | +9.7% |
| Profit (loss) for the period to be appropriated | 9905 | €65,495 | €79,272 | +€13,777 | +21.0% |
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 22 October 2026 via checked.be.