MATRAX: 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.
MATRAX
Largest movements
- Cash +€115,423
up €115,423 (+352%), from €32,801 to €148,224
mainly Net result for the year (+€121,690) and Receivables within one year (+€91,007)
- Receivables within one year -€91,007
down €91,007 (-78.2%), from €116,399 to €25,392
of which Other amounts receivable: -€57,601
- Receivables after one year +€16,798
new in 2024: €16,798
- Tangible fixed assets -€5,401
down €5,401 (-79.5%), from €6,797 to €1,395
of which Furniture and vehicles: -€3,957
- Profit (loss) carried forward +€121,690
up €121,690 (+754%), from €16,136 to €137,825
- Other debts -€74,634
down €74,634 (-86.4%), from €86,340 to €11,706
- Tax, wage and social debts -€13,766
down €13,766 (-85.6%), from €16,086 to €2,320
- Trade debts +€3,183
up €3,183 (+67.6%), from €4,706 to €7,889
- Gross operating margin +€187,576
up €187,576, from -€14,761 to €172,815
- Taxes +€42,753
up €42,753 (+7,977%), from €536 to €43,289
- Financial income -€2,439
down €2,439 (-96.4%), from €2,530 to €91
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €156,808 | €192,561 | +€35,753 | +22.8% |
| Fixed assets | 21/28 | €6,797 | €1,395 | -€5,401 | -79.5% |
| Tangible fixed assets | 22/27 | €6,797 | €1,395 | -€5,401 | -79.5% |
| Plant, machinery and equipment | 23 | €1,874 | €431 | -€1,444 | -77.0% |
| Furniture and vehicles | 24 | €4,922 | €965 | -€3,957 | -80.4% |
| Current assets | 29/58 | €150,011 | €191,165 | +€41,154 | +27.4% |
| Amounts receivable after more than one year | 29 | - | €16,798 | +€16,798 | |
| Other amounts receivable | 291 | - | €16,798 | +€16,798 | |
| Amounts receivable within one year | 40/41 | €116,399 | €25,392 | -€91,007 | -78.2% |
| Trade receivables | 40 | €45,929 | €12,523 | -€33,406 | -72.7% |
| Other amounts receivable | 41 | €70,470 | €12,869 | -€57,601 | -81.7% |
| Cash at bank and in hand | 54/58 | €32,801 | €148,224 | +€115,423 | +352% |
| Deferred charges and accrued income | 490/1 | €811 | €751 | -€60 | -7.4% |
| Total equity and liabilities | 10/49 | €156,808 | €192,561 | +€35,753 | +22.8% |
| Equity | 10/15 | €36,596 | €158,285 | +€121,690 | +333% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,136 | €137,825 | +€121,690 | +754% |
| Amounts payable | 17/49 | €120,212 | €34,275 | -€85,936 | -71.5% |
| Amounts payable within one year | 42/48 | €120,212 | €34,275 | -€85,936 | -71.5% |
| Trade debts | 44 | €4,706 | €7,889 | +€3,183 | +67.6% |
| Suppliers | 440/4 | €4,706 | €7,889 | +€3,183 | +67.6% |
| Advances received on contracts in progress | 46 | €13,080 | €12,360 | -€720 | -5.5% |
| Taxes, remuneration and social security | 45 | €16,086 | €2,320 | -€13,766 | -85.6% |
| Taxes | 450/3 | €16,086 | €2,320 | -€13,766 | -85.6% |
| Other amounts payable | 47/48 | €86,340 | €11,706 | -€74,634 | -86.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,922 | €5,401 | -€521 | -8.8% |
| Other operating charges | 640/8 | €1,491 | €1,367 | -€124 | -8.3% |
| Gross operating margin | 9900 | -€14,761 | €172,815 | +€187,576 | |
| Operating profit (loss) | 9901 | -€22,174 | €166,047 | +€188,220 | |
| Financial income | 75/76B | €2,530 | €91 | -€2,439 | -96.4% |
| Recurring financial income | 75 | €2,530 | €91 | -€2,439 | -96.4% |
| Financial charges | 65/66B | €232 | €1,160 | +€928 | +401% |
| Recurring financial charges | 65 | €232 | €1,160 | +€928 | +401% |
| Profit (loss) for the period before taxes | 9903 | -€19,875 | €164,978 | +€184,854 | |
| Income taxes | 67/77 | €536 | €43,289 | +€42,753 | +7,977% |
| Profit (loss) for the period | 9904 | -€20,411 | €121,690 | +€142,101 | |
| Profit (loss) for the period to be appropriated | 9905 | -€20,411 | €121,690 | +€142,101 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.