MATREKON: what changed
Two fiscal 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.
MATREKON
Largest movements
- Cash +€99,414
up €99,414 (+42692.4%), from €233 to €99,646
mainly Net result for the year (+€56,132) and Stocks and contracts (+€29,875)
- Stocks and contracts -€29,875
no longer reported in 2025 (was €29,875)
- Tangible fixed assets -€16,640
no longer reported in 2025 (was €16,640)
of which Plant, machinery and equipment: -€13,525
- Receivables within one year -€9,783
down €9,783 (-24.2%), from €40,392 to €30,609
of which Trade receivables: -€13,564
- Deferred charges and accrued income -€2,708
down €2,708 (-71.8%), from €3,771 to €1,063
- Reserves +€56,132
up €56,132 (+125.0%), from €44,902 to €101,034
of which Distributable reserves: +€56,132
- Tax, wage and social debts -€6,540
down €6,540 (-53.3%), from €12,276 to €5,737
of which Remuneration and social security: -€8,040
- Trade debts -€5,902
down €5,902 (-96.2%), from €6,134 to €232
- Current portion of long-term debt -€3,113
no longer reported in 2025 (was €3,113)
- Gross operating margin +€81,239
up €81,239 (+6635.4%), from €1,224 to €82,463
- Taxes +€21,814
new in 2025: €21,814
- Depreciation -€7,529
down €7,529 (-70.7%), from €10,645 to €3,116
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €90,911 | €131,318 | +€40,406 | +44.4% |
| Fixed assets | 21/28 | €16,640 | - | -€16,640 | |
| Tangible fixed assets | 22/27 | €16,640 | - | -€16,640 | |
| Plant, machinery and equipment | 23 | €13,525 | - | -€13,525 | |
| Furniture and vehicles | 24 | €3,116 | - | -€3,116 | |
| Current assets | 29/58 | €74,271 | €131,318 | +€57,047 | +76.8% |
| Stocks and contracts in progress | 3 | €29,875 | - | -€29,875 | |
| Stocks | 30/36 | €29,875 | - | -€29,875 | |
| Amounts receivable within one year | 40/41 | €40,392 | €30,609 | -€9,783 | -24.2% |
| Trade receivables | 40 | €14,462 | €898 | -€13,564 | -93.8% |
| Other amounts receivable | 41 | €25,930 | €29,711 | +€3,781 | +14.6% |
| Cash at bank and in hand | 54/58 | €233 | €99,646 | +€99,414 | +42692.4% |
| Deferred charges and accrued income | 490/1 | €3,771 | €1,063 | -€2,708 | -71.8% |
| Total equity and liabilities | 10/49 | €90,911 | €131,318 | +€40,406 | +44.4% |
| Equity | 10/15 | €51,400 | €107,533 | +€56,132 | +109.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €44,902 | €101,034 | +€56,132 | +125.0% |
| Non-distributable reserves | 130/1 | €1,945 | €1,945 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,945 | €1,945 | = | 0.0% |
| Distributable reserves | 133 | €42,957 | €99,090 | +€56,132 | +130.7% |
| Profit (loss) carried forward | 14 | -€13,502 | -€13,502 | = | 0.0% |
| Amounts payable | 17/49 | €39,511 | €23,785 | -€15,726 | -39.8% |
| Amounts payable within one year | 42/48 | €39,511 | €23,785 | -€15,726 | -39.8% |
| Current portion of amounts payable after more than one year | 42 | €3,113 | - | -€3,113 | |
| Financial debts | 43 | €1,311 | €1,114 | -€197 | -15.0% |
| Credit institutions | 430/8 | €1,311 | €1,114 | -€197 | -15.0% |
| Trade debts | 44 | €6,134 | €232 | -€5,902 | -96.2% |
| Suppliers | 440/4 | €6,134 | €232 | -€5,902 | -96.2% |
| Taxes, remuneration and social security | 45 | €12,276 | €5,737 | -€6,540 | -53.3% |
| Taxes | 450/3 | €4,113 | €5,613 | +€1,500 | +36.5% |
| Remuneration and social security | 454/9 | €8,164 | €124 | -€8,040 | -98.5% |
| Other amounts payable | 47/48 | €16,676 | €16,702 | +€26 | +0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,645 | €3,116 | -€7,529 | -70.7% |
| Other operating charges | 640/8 | €224 | €173 | -€51 | -22.9% |
| Gross operating margin | 9900 | €1,224 | €82,463 | +€81,239 | +6635.4% |
| Operating profit (loss) | 9901 | -€9,645 | €79,174 | +€88,819 | |
| Financial income | 75/76B | €103 | - | -€103 | |
| Recurring financial income | 75 | €103 | - | -€103 | |
| Financial charges | 65/66B | €1,245 | €1,228 | -€17 | -1.4% |
| Recurring financial charges | 65 | €1,245 | €1,228 | -€17 | -1.4% |
| Profit (loss) for the period before taxes | 9903 | -€10,787 | €77,947 | +€88,733 | |
| Income taxes | 67/77 | - | €21,814 | +€21,814 | |
| Profit (loss) for the period | 9904 | -€10,787 | €56,132 | +€66,919 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,787 | €56,132 | +€66,919 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.