MATRICS: 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.
MATRICS
Largest movements
- Tangible fixed assets -€6,180
down €6,180 (-14.5%), from €42,511 to €36,331
- Cash -€4,315
no longer reported in 2023 (was €4,315)
mainly Other debts (-€20,222) and Investment in fixed assets (net) (-€11,842)
- Other debts -€20,222
down €20,222 (-17.4%), from €116,297 to €96,075
- Profit (loss) carried forward +€4,192
up €4,192 (+6.5%), from -€64,320 to -€60,128
- Trade debts +€3,470
up €3,470 (+392%), from €886 to €4,356
- Advances received +€2,754
up €2,754 (+1.5%), from €185,942 to €188,696
- Taxes +€4,027
up €4,027 (+345%), from €1,167 to €5,194
- Gross operating margin -€2,080
down €2,080 (-7.0%), from €29,894 to €27,814
- Depreciation +€1,464
up €1,464 (+8.8%), from €16,558 to €18,022
- Financial income +€607
new in 2023: €607
- Other operating charges +€495
up €495 (+163%), from €303 to €798
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €259,733 | €254,082 | -€5,651 | -2.2% |
| Fixed assets | 21/28 | €43,861 | €37,681 | -€6,180 | -14.1% |
| Tangible fixed assets | 22/27 | €42,511 | €36,331 | -€6,180 | -14.5% |
| Furniture and vehicles | 24 | €42,511 | €36,331 | -€6,180 | -14.5% |
| Financial fixed assets | 28 | €1,350 | €1,350 | = | 0.0% |
| Current assets | 29/58 | €215,872 | €216,401 | +€529 | +0.2% |
| Stocks and contracts in progress | 3 | €189,180 | €191,463 | +€2,283 | +1.2% |
| Stocks | 30/36 | €1,207 | €1,207 | = | 0.0% |
| Contracts in progress | 37 | €187,973 | €190,256 | +€2,283 | +1.2% |
| Amounts receivable within one year | 40/41 | €22,358 | €24,919 | +€2,561 | +11.5% |
| Trade receivables | 40 | €16,973 | €23,503 | +€6,530 | +38.5% |
| Other amounts receivable | 41 | €5,385 | €1,416 | -€3,969 | -73.7% |
| Current investments | 50/53 | €19 | €19 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €4,315 | - | -€4,315 | |
| Total equity and liabilities | 10/49 | €259,733 | €254,082 | -€5,651 | -2.2% |
| Equity | 10/15 | -€45,720 | -€41,528 | +€4,192 | +9.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€64,320 | -€60,128 | +€4,192 | +6.5% |
| Amounts payable | 17/49 | €305,453 | €295,610 | -€9,843 | -3.2% |
| Amounts payable within one year | 42/48 | €305,453 | €295,610 | -€9,843 | -3.2% |
| Financial debts | 43 | - | €1,577 | +€1,577 | |
| Credit institutions | 430/8 | - | €1,577 | +€1,577 | |
| Trade debts | 44 | €886 | €4,356 | +€3,470 | +392% |
| Suppliers | 440/4 | €886 | €4,356 | +€3,470 | +392% |
| Advances received on contracts in progress | 46 | €185,942 | €188,696 | +€2,754 | +1.5% |
| Taxes, remuneration and social security | 45 | €2,328 | €4,906 | +€2,578 | +111% |
| Taxes | 450/3 | €2,328 | €4,906 | +€2,578 | +111% |
| Other amounts payable | 47/48 | €116,297 | €96,075 | -€20,222 | -17.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,558 | €18,022 | +€1,464 | +8.8% |
| Other operating charges | 640/8 | €303 | €798 | +€495 | +163% |
| Gross operating margin | 9900 | €29,894 | €27,814 | -€2,080 | -7.0% |
| Operating profit (loss) | 9901 | €13,033 | €8,994 | -€4,039 | -31.0% |
| Financial income | 75/76B | - | €607 | +€607 | |
| Recurring financial income | 75 | - | €607 | +€607 | |
| Financial charges | 65/66B | €244 | €215 | -€29 | -11.9% |
| Recurring financial charges | 65 | €244 | €205 | -€39 | -16.0% |
| Non-recurring financial charges | 66B | - | €10 | +€10 | |
| Profit (loss) for the period before taxes | 9903 | €12,789 | €9,386 | -€3,403 | -26.6% |
| Income taxes | 67/77 | €1,167 | €5,194 | +€4,027 | +345% |
| Profit (loss) for the period | 9904 | €11,622 | €4,192 | -€7,430 | -63.9% |
| Profit (loss) for the period to be appropriated | 9905 | €11,622 | €4,192 | -€7,430 | -63.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.