Matrena: 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.
Matrena
Largest movements
- Cash -€32,462
down €32,462 (-42.8%), from €75,900 to €43,439
mainly Contributions, distributions and other (-€56,745) and Investment in fixed assets (net) (-€16,793)
- Tangible fixed assets +€13,646
up €13,646 (+681.3%), from €2,003 to €15,649
of which Furniture and vehicles: +€13,711
- Receivables within one year +€7,082
up €7,082 (+39.0%), from €18,143 to €25,225
of which Trade receivables: +€7,176
- Other debts -€14,246
down €14,246 (-17.1%), from €83,472 to €69,226
- Tax, wage and social debts +€5,351
up €5,351 (+87.8%), from €6,097 to €11,448
- Short-term financial debts -€1,365
down €1,365 (-78.5%), from €1,739 to €375
- Gross operating margin -€11,194
down €11,194 (-12.9%), from €86,731 to €75,537
- Financial income -€10,963
down €10,963 (-100.0%), from €10,963 to €0
- Taxes -€2,202
down €2,202 (-12.9%), from €17,094 to €14,892
- Financial charges -€1,426
down €1,426 (-75.2%), from €1,895 to €469
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 | €97,121 | €85,496 | -€11,625 | -12.0% |
| Fixed assets | 21/28 | €2,153 | €15,799 | +€13,646 | +633.9% |
| Tangible fixed assets | 22/27 | €2,003 | €15,649 | +€13,646 | +681.3% |
| Plant, machinery and equipment | 23 | €65 | - | -€65 | |
| Furniture and vehicles | 24 | €1,938 | €15,649 | +€13,711 | +707.6% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €94,969 | €69,697 | -€25,271 | -26.6% |
| Amounts receivable within one year | 40/41 | €18,143 | €25,225 | +€7,082 | +39.0% |
| Trade receivables | 40 | €18,049 | €25,225 | +€7,176 | +39.8% |
| Other amounts receivable | 41 | €94 | - | -€94 | |
| Cash at bank and in hand | 54/58 | €75,900 | €43,439 | -€32,462 | -42.8% |
| Deferred charges and accrued income | 490/1 | €925 | €1,034 | +€109 | +11.7% |
| Total equity and liabilities | 10/49 | €97,121 | €85,496 | -€11,625 | -12.0% |
| Equity | 10/15 | €4,000 | €4,000 | = | 0.0% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Amounts payable | 17/49 | €93,121 | €81,496 | -€11,625 | -12.5% |
| Amounts payable within one year | 42/48 | €92,150 | €81,496 | -€10,654 | -11.6% |
| Financial debts | 43 | €1,739 | €375 | -€1,365 | -78.5% |
| Credit institutions | 430/8 | €1,739 | €375 | -€1,365 | -78.5% |
| Trade debts | 44 | €841 | €447 | -€394 | -46.8% |
| Suppliers | 440/4 | €841 | €447 | -€394 | -46.8% |
| Taxes, remuneration and social security | 45 | €6,097 | €11,448 | +€5,351 | +87.8% |
| Taxes | 450/3 | €6,097 | €11,448 | +€5,351 | +87.8% |
| Other amounts payable | 47/48 | €83,472 | €69,226 | -€14,246 | -17.1% |
| Accrued charges and deferred income | 492/3 | €971 | - | -€971 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,584 | €3,147 | +€562 | +21.8% |
| Other operating charges | 640/8 | €243 | €284 | +€41 | +17.0% |
| Gross operating margin | 9900 | €86,731 | €75,537 | -€11,194 | -12.9% |
| Operating profit (loss) | 9901 | €83,904 | €72,106 | -€11,798 | -14.1% |
| Financial income | 75/76B | €10,963 | €0 | -€10,963 | -100.0% |
| Recurring financial income | 75 | €10,963 | €0 | -€10,963 | -100.0% |
| Financial charges | 65/66B | €1,895 | €469 | -€1,426 | -75.2% |
| Recurring financial charges | 65 | €1,895 | €469 | -€1,426 | -75.2% |
| Profit (loss) for the period before taxes | 9903 | €92,972 | €71,637 | -€21,335 | -22.9% |
| Income taxes | 67/77 | €17,094 | €14,892 | -€2,202 | -12.9% |
| Profit (loss) for the period | 9904 | €75,878 | €56,745 | -€19,133 | -25.2% |
| Profit (loss) for the period to be appropriated | 9905 | €75,878 | €56,745 | -€19,133 | -25.2% |
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 6 October 2026 via checked.be.