MATRATEX: 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.
MATRATEX
Largest movements
- Tangible fixed assets +€126,394
up €126,394 (+19.5%), from €646,879 to €773,273
of which Land and buildings: +€121,126
- Receivables within one year +€46,996
up €46,996 (+46.7%), from €100,725 to €147,721
of which Trade receivables: +€32,438
- Deferred charges and accrued income -€19,435
down €19,435 (-43.5%), from €44,698 to €25,264
- Stocks and contracts +€14,145
up €14,145 (+3.9%), from €359,481 to €373,626
of which Contracts in progress: +€53,630
- Advances received +€72,236
up €72,236 (+48.5%), from €148,848 to €221,084
- Tax, wage and social debts +€53,766
up €53,766 (+244%), from €22,066 to €75,832
of which Taxes: +€62,019
- Debts after one year +€17,048
up €17,048 (+6.5%), from €260,589 to €277,637
- Trade debts +€14,705
up €14,705 (+9.0%), from €162,676 to €177,381
- Gross operating margin -€18,429
down €18,429 (-11.8%), from €156,322 to €137,893
- Depreciation +€9,158
up €9,158 (+35.3%), from €25,976 to €35,134
- Financial charges +€7,913
up €7,913 (+41.4%), from €19,095 to €27,008
- Taxes -€4,864
down €4,864 (-42.2%), from €11,529 to €6,665
- Staff costs +€4,090
up €4,090 (+7.0%), from €58,067 to €62,157
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 | €1,164,725 | €1,319,911 | +€155,187 | +13.3% |
| Fixed assets | 21/28 | €646,906 | €773,300 | +€126,394 | +19.5% |
| Tangible fixed assets | 22/27 | €646,879 | €773,273 | +€126,394 | +19.5% |
| Land and buildings | 22 | €629,636 | €750,762 | +€121,126 | +19.2% |
| Plant, machinery and equipment | 23 | €12,683 | €19,175 | +€6,492 | +51.2% |
| Furniture and vehicles | 24 | €4,560 | €3,336 | -€1,224 | -26.8% |
| Financial fixed assets | 28 | €27 | €27 | = | 0.0% |
| Current assets | 29/58 | €517,818 | €546,611 | +€28,793 | +5.6% |
| Stocks and contracts in progress | 3 | €359,481 | €373,626 | +€14,145 | +3.9% |
| Stocks | 30/36 | €236,466 | €196,981 | -€39,485 | -16.7% |
| Contracts in progress | 37 | €123,015 | €176,645 | +€53,630 | +43.6% |
| Amounts receivable within one year | 40/41 | €100,725 | €147,721 | +€46,996 | +46.7% |
| Trade receivables | 40 | €18,362 | €50,800 | +€32,438 | +177% |
| Other amounts receivable | 41 | €82,363 | €96,922 | +€14,558 | +17.7% |
| Cash at bank and in hand | 54/58 | €12,914 | - | -€12,914 | |
| Deferred charges and accrued income | 490/1 | €44,698 | €25,264 | -€19,435 | -43.5% |
| Total equity and liabilities | 10/49 | €1,164,725 | €1,319,911 | +€155,187 | +13.3% |
| Equity | 10/15 | €438,642 | €443,926 | +€5,284 | +1.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Revaluation surpluses | 12 | €218,856 | €209,942 | -€8,915 | -4.1% |
| Reserves | 13 | €100,165 | €109,080 | +€8,915 | +8.9% |
| Tax-exempt reserves | 132 | €105 | €105 | = | 0.0% |
| Distributable reserves | 133 | €100,060 | €108,975 | +€8,915 | +8.9% |
| Profit (loss) carried forward | 14 | €99,621 | €104,905 | +€5,284 | +5.3% |
| Amounts payable | 17/49 | €726,082 | €875,985 | +€149,903 | +20.6% |
| Amounts payable after more than one year | 17 | €260,589 | €277,637 | +€17,048 | +6.5% |
| Financial debts | 170/4 | €260,589 | €277,637 | +€17,048 | +6.5% |
| Amounts payable within one year | 42/48 | €458,557 | €598,348 | +€139,791 | +30.5% |
| Current portion of amounts payable after more than one year | 42 | €90,452 | €86,615 | -€3,837 | -4.2% |
| Financial debts | 43 | €29,515 | €37,436 | +€7,921 | +26.8% |
| Credit institutions | 430/8 | €29,515 | €37,436 | +€7,921 | +26.8% |
| Trade debts | 44 | €162,676 | €177,381 | +€14,705 | +9.0% |
| Suppliers | 440/4 | €162,676 | €177,381 | +€14,705 | +9.0% |
| Advances received on contracts in progress | 46 | €148,848 | €221,084 | +€72,236 | +48.5% |
| Taxes, remuneration and social security | 45 | €22,066 | €75,832 | +€53,766 | +244% |
| Taxes | 450/3 | €13,813 | €75,832 | +€62,019 | +449% |
| Remuneration and social security | 454/9 | €8,254 | - | -€8,254 | |
| Other amounts payable | 47/48 | €5,000 | - | -€5,000 | |
| Accrued charges and deferred income | 492/3 | €6,935 | - | -€6,935 | |
| Remuneration, social security and pensions | 62 | €58,067 | €62,157 | +€4,090 | +7.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,976 | €35,134 | +€9,158 | +35.3% |
| Other operating charges | 640/8 | €9,722 | €7,888 | -€1,834 | -18.9% |
| Gross operating margin | 9900 | €156,322 | €137,893 | -€18,429 | -11.8% |
| Operating profit (loss) | 9901 | €62,556 | €32,714 | -€29,842 | -47.7% |
| Financial income | 75/76B | €3,097 | €6,243 | +€3,146 | +102% |
| Recurring financial income | 75 | €3,097 | €6,243 | +€3,146 | +102% |
| Financial charges | 65/66B | €19,095 | €27,008 | +€7,913 | +41.4% |
| Recurring financial charges | 65 | €19,095 | €27,008 | +€7,913 | +41.4% |
| Profit (loss) for the period before taxes | 9903 | €46,558 | €11,949 | -€34,609 | -74.3% |
| Income taxes | 67/77 | €11,529 | €6,665 | -€4,864 | -42.2% |
| Profit (loss) for the period | 9904 | €35,028 | €5,284 | -€29,745 | -84.9% |
| Profit (loss) for the period to be appropriated | 9905 | €35,028 | €5,284 | -€29,745 | -84.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.