MATRIK: 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.
MATRIK
Largest movements
- Receivables within one year -€15,608
down €15,608 (-19.0%), from €82,020 to €66,412
of which Trade receivables: -€15,211
- Tangible fixed assets -€3,704
down €3,704 (-54.7%), from €6,770 to €3,065
- Short-term financial debts -€82,049
down €82,049 (-99.9%), from €82,095 to €46
- Other debts +€41,947
up €41,947 (+2,810%), from €1,493 to €43,439
- Current portion of long-term debt +€21,060
new in 2025: €21,060
- Profit (loss) carried forward +€5,764
up €5,764 (+10.9%), from -€52,680 to -€46,917
- Trade debts -€3,912
down €3,912 (-66.4%), from €5,895 to €1,983
- Gross operating margin +€43,931
up €43,931, from -€28,727 to €15,204
- Write-downs -€3,897
down €3,897 (-100%), from €3,897 to €0
- Other operating charges -€3,109
down €3,109 (-66.2%), from €4,694 to €1,585
- Financial charges +€1,811
up €1,811 (+83.8%), from €2,161 to €3,972
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €89,599 | €69,748 | -€19,851 | -22.2% |
| Fixed assets | 21/28 | €6,770 | €3,065 | -€3,704 | -54.7% |
| Tangible fixed assets | 22/27 | €6,770 | €3,065 | -€3,704 | -54.7% |
| Furniture and vehicles | 24 | €6,770 | €3,065 | -€3,704 | -54.7% |
| Current assets | 29/58 | €82,829 | €66,683 | -€16,147 | -19.5% |
| Amounts receivable within one year | 40/41 | €82,020 | €66,412 | -€15,608 | -19.0% |
| Trade receivables | 40 | €81,507 | €66,297 | -€15,211 | -18.7% |
| Other amounts receivable | 41 | €513 | €115 | -€398 | -77.6% |
| Cash at bank and in hand | 54/58 | €50 | €271 | +€221 | +439% |
| Deferred charges and accrued income | 490/1 | €759 | €0 | -€759 | -100% |
| Total equity and liabilities | 10/49 | €89,599 | €69,748 | -€19,851 | -22.2% |
| Equity | 10/15 | -€2,993 | €2,770 | +€5,764 | |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €37,287 | €37,287 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,240 | €1,240 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,240 | €1,240 | = | 0.0% |
| Distributable reserves | 133 | €36,047 | €36,047 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€52,680 | -€46,917 | +€5,764 | +10.9% |
| Amounts payable | 17/49 | €92,592 | €66,978 | -€25,615 | -27.7% |
| Amounts payable within one year | 42/48 | €92,474 | €66,978 | -€25,497 | -27.6% |
| Current portion of amounts payable after more than one year | 42 | - | €21,060 | +€21,060 | |
| Financial debts | 43 | €82,095 | €46 | -€82,049 | -99.9% |
| Credit institutions | 430/8 | €82,095 | €46 | -€82,049 | -99.9% |
| Trade debts | 44 | €5,895 | €1,983 | -€3,912 | -66.4% |
| Suppliers | 440/4 | €5,895 | €1,983 | -€3,912 | -66.4% |
| Taxes, remuneration and social security | 45 | €2,992 | €449 | -€2,542 | -85.0% |
| Taxes | 450/3 | €2,992 | €449 | -€2,542 | -85.0% |
| Other amounts payable | 47/48 | €1,493 | €43,439 | +€41,947 | +2,810% |
| Accrued charges and deferred income | 492/3 | €118 | €0 | -€118 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,704 | €3,704 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,897 | €0 | -€3,897 | -100% |
| Other operating charges | 640/8 | €4,694 | €1,585 | -€3,109 | -66.2% |
| Gross operating margin | 9900 | -€28,727 | €15,204 | +€43,931 | |
| Operating profit (loss) | 9901 | -€41,022 | €9,915 | +€50,937 | |
| Financial income | 75/76B | - | €58 | +€58 | |
| Recurring financial income | 75 | - | €58 | +€58 | |
| Financial charges | 65/66B | €2,161 | €3,972 | +€1,811 | +83.8% |
| Recurring financial charges | 65 | €2,161 | €3,972 | +€1,811 | +83.8% |
| Profit (loss) for the period before taxes | 9903 | -€43,183 | €6,001 | +€49,184 | |
| Income taxes | 67/77 | €207 | €238 | +€30 | +14.7% |
| Profit (loss) for the period | 9904 | -€43,390 | €5,764 | +€49,154 | |
| Profit (loss) for the period to be appropriated | 9905 | -€43,390 | €5,764 | +€49,154 |
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 16 October 2026 via checked.be.