MATRENT: 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.
What changed
MATRENT
NACE 46.630, Wholesale trade
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€746,189
2024 · -€132,168+€878,356
Equity
€175,499
2024 · -€570,690+€746,189
Cash
€212,650
2024 · €211,022+€1,628
Balance sheet total
€1.3m
2024 · €1.5m-€177,512
Largest movements
Assets
- Tangible fixed assets -€216,985
down €216,985 (-75.5%), from €287,584 to €70,599
- Receivables within one year +€50,340
up €50,340 (+5.4%), from €926,596 to €976,936
of which Trade receivables: +€51,782
Equity and liabilities
- Trade debts -€749,019
down €749,019 (-69.4%), from €1.1m to €330,102
- Profit (loss) carried forward +€746,189
up €746,189 (+66.6%), from -€1.1m to -€374,501
- Debts after one year -€160,701
down €160,701 (-22.1%), from €726,202 to €565,500
- Tax, wage and social debts +€64,199
up €64,199 (+127%), from €50,561 to €114,760
of which Taxes: +€72,984
- Current portion of long-term debt -€59,038
down €59,038 (-91.7%), from €64,375 to €5,337
Income statement
- Goods and materials -€924,380
down €924,380 (-21.3%), from €4.3m to €3.4m
- Write-downs -€241,166
down €241,166, from €106,088 to -€135,078
- Other operating charges +€180,186
up €180,186 (+5,075%), from €3,550 to €183,737
- Depreciation -€88,857
down €88,857 (-59.1%), from €150,452 to €61,595
- Taxes +€75,033
up €75,033 (+13,405%), from €560 to €75,593
of which Taxes: +€74,734
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.
Result 2024
-€132,168
Turnover
-€52,092
Other operating income
-€9,574
Goods and materials
+€924,380
Services and other goods
-€50,565
Staff costs
+€26,823
Depreciation
+€88,857
Write-downs
+€241,166
Other operating charges
-€180,186
Other operating items
-€75,589
Financial income
-€11,451
Financial charges
+€51,621
Taxes
-€75,033
Result 2025
€746,189
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€65,977
Investment
+€155,390
Financing
-€219,739
Cash 2024
€211,022
From operations (derived)
+€65,977
Net result for the year
+€746,189
Depreciation
+€61,595
Receivables within one year
-€50,340
Deferred charges and accrued income
+€12,494
Trade debts
-€749,019
Tax, wage and social debts
+€64,199
Other debts
-€43,544
Accrued charges and deferred income
+€24,402
Investment (derived)
+€155,390
Investment in fixed assets (net)
+€155,390
Financing
-€219,739
Debts after one year
-€160,701
Current portion of long-term debt
-€59,038
Cash 2025
€212,650
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,475,373 | €1,297,861 | -€177,512 | -12.0% |
| Fixed assets | 21/28 | €287,584 | €70,599 | -€216,985 | -75.5% |
| Tangible fixed assets | 22/27 | €287,584 | €70,599 | -€216,985 | -75.5% |
| Leasing and similar rights | 25 | €287,584 | €70,599 | -€216,985 | -75.5% |
| Current assets | 29/58 | €1,187,789 | €1,227,262 | +€39,473 | +3.3% |
| Amounts receivable within one year | 40/41 | €926,596 | €976,936 | +€50,340 | +5.4% |
| Trade receivables | 40 | €901,969 | €953,751 | +€51,782 | +5.7% |
| Other amounts receivable | 41 | €24,627 | €23,185 | -€1,442 | -5.9% |
| Cash at bank and in hand | 54/58 | €211,022 | €212,650 | +€1,628 | +0.8% |
| Deferred charges and accrued income | 490/1 | €50,171 | €37,676 | -€12,494 | -24.9% |
| Total equity and liabilities | 10/49 | €1,475,373 | €1,297,861 | -€177,512 | -12.0% |
| Equity | 10/15 | -€570,690 | €175,499 | +€746,189 | |
| Contributions | 10/11 | €500,000 | €500,000 | = | 0.0% |
| Capital | 10 | €500,000 | €500,000 | = | 0.0% |
| Issued capital | 100 | €500,000 | €500,000 | = | 0.0% |
| Reserves | 13 | €50,000 | €50,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €50,000 | €50,000 | = | 0.0% |
| Legal reserve | 130 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,120,690 | -€374,501 | +€746,189 | +66.6% |
| Amounts payable | 17/49 | €2,046,062 | €1,122,362 | -€923,700 | -45.1% |
| Amounts payable after more than one year | 17 | €726,202 | €565,500 | -€160,701 | -22.1% |
| Financial debts | 170/4 | €726,202 | €565,500 | -€160,701 | -22.1% |
| Subordinated loans | 170 | €500,000 | €500,000 | = | 0.0% |
| Leasing and similar obligations | 172 | €226,202 | €65,500 | -€160,701 | -71.0% |
| Amounts payable within one year | 42/48 | €1,288,661 | €501,259 | -€787,402 | -61.1% |
| Current portion of amounts payable after more than one year | 42 | €64,375 | €5,337 | -€59,038 | -91.7% |
| Trade debts | 44 | €1,079,121 | €330,102 | -€749,019 | -69.4% |
| Suppliers | 440/4 | €1,079,121 | €330,102 | -€749,019 | -69.4% |
| Taxes, remuneration and social security | 45 | €50,561 | €114,760 | +€64,199 | +127% |
| Taxes | 450/3 | €6,352 | €79,336 | +€72,984 | +1,149% |
| Remuneration and social security | 454/9 | €44,210 | €35,425 | -€8,785 | -19.9% |
| Other amounts payable | 47/48 | €94,604 | €51,060 | -€43,544 | -46.0% |
| Accrued charges and deferred income | 492/3 | €31,200 | €55,602 | +€24,402 | +78.2% |
| Operating income | 70/76A | €5,122,255 | €4,985,001 | -€137,254 | -2.7% |
| Turnover | 70 | €3,740,944 | €3,688,852 | -€52,092 | -1.4% |
| Other operating income | 74 | €1,272,997 | €1,263,424 | -€9,574 | -0.8% |
| Non-recurring operating income | 76A | €108,314 | €32,725 | -€75,589 | -69.8% |
| Operating charges | 60/66A | €5,172,041 | €4,121,567 | -€1.1m | -20.3% |
| Goods for resale, raw materials and consumables | 60 | €4,339,806 | €3,415,426 | -€924,380 | -21.3% |
| Purchases | 600/8 | €4,339,806 | €3,415,426 | -€924,380 | -21.3% |
| Services and other goods | 61 | €358,894 | €409,459 | +€50,565 | +14.1% |
| Remuneration, social security and pensions | 62 | €213,251 | €186,429 | -€26,823 | -12.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €150,452 | €61,595 | -€88,857 | -59.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €106,088 | -€135,078 | -€241,166 | |
| Other operating charges | 640/8 | €3,550 | €183,737 | +€180,186 | +5,075% |
| Operating profit (loss) | 9901 | -€49,787 | €863,434 | +€913,220 | |
| Financial income | 75/76B | €16,577 | €5,126 | -€11,451 | -69.1% |
| Recurring financial income | 75 | €16,577 | €5,126 | -€11,451 | -69.1% |
| Other financial income | 752/9 | €16,577 | €5,126 | -€11,451 | -69.1% |
| Financial charges | 65/66B | €98,398 | €46,778 | -€51,621 | -52.5% |
| Recurring financial charges | 65 | €98,398 | €46,778 | -€51,621 | -52.5% |
| Debt charges | 650 | €96,174 | €44,465 | -€51,708 | -53.8% |
| Other financial charges | 652/9 | €2,225 | €2,312 | +€88 | +3.9% |
| Profit (loss) for the period before taxes | 9903 | -€131,608 | €821,782 | +€953,390 | |
| Income taxes | 67/77 | €560 | €75,593 | +€75,033 | +13,405% |
| Taxes | 670/3 | €873 | €75,607 | +€74,734 | +8,561% |
| Tax adjustments and reversals of tax provisions | 77 | €313 | €14 | -€299 | -95.4% |
| Profit (loss) for the period | 9904 | -€132,168 | €746,189 | +€878,356 | |
| Profit (loss) for the period to be appropriated | 9905 | -€132,168 | €746,189 | +€878,356 |
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 15 October 2026 via checked.be.