MATRIKA: 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.
MATRIKA
Largest movements
- Cash -€114,401
down €114,401 (-35.3%), from €324,500 to €210,100
mainly Current investments (-€98,528) and Current portion of long-term debt (-€11,625)
- Current investments +€98,528
up €98,528 (+192.7%), from €51,139 to €149,667
- Tangible fixed assets -€14,756
down €14,756 (-5.3%), from €279,715 to €264,959
of which Land and buildings: -€13,832
- Current portion of long-term debt -€11,625
down €11,625 (-53.2%), from €21,855 to €10,231
- Debts after one year -€10,231
no longer reported in 2025 (was €10,231)
- Gross operating margin +€10,887
up €10,887, from -€324 to €10,563
- Other operating charges -€2,062
down €2,062 (-58.9%), from €3,499 to €1,437
- Financial income -€1,775
down €1,775 (-68.8%), from €2,580 to €804
- Financial charges -€662
down €662 (-35.1%), from €1,885 to €1,223
- Taxes -€536
no longer reported in 2025 (was €536)
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 | €656,172 | €628,181 | -€27,991 | -4.3% |
| Fixed assets | 21/28 | €279,715 | €264,959 | -€14,756 | -5.3% |
| Tangible fixed assets | 22/27 | €279,715 | €264,959 | -€14,756 | -5.3% |
| Land and buildings | 22 | €277,377 | €263,545 | -€13,832 | -5.0% |
| Furniture and vehicles | 24 | €2,338 | €1,414 | -€924 | -39.5% |
| Current assets | 29/58 | €376,457 | €363,223 | -€13,234 | -3.5% |
| Amounts receivable within one year | 40/41 | €237 | €2,848 | +€2,611 | +1099.4% |
| Trade receivables | 40 | - | €2,610 | +€2,610 | |
| Other amounts receivable | 41 | €237 | €238 | +€1 | +0.3% |
| Current investments | 50/53 | €51,139 | €149,667 | +€98,528 | +192.7% |
| Cash at bank and in hand | 54/58 | €324,500 | €210,100 | -€114,401 | -35.3% |
| Deferred charges and accrued income | 490/1 | €580 | €608 | +€28 | +4.8% |
| Total equity and liabilities | 10/49 | €656,172 | €628,181 | -€27,991 | -4.3% |
| Equity | 10/15 | €623,939 | €617,890 | -€6,050 | -1.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €583,902 | €583,902 | = | 0.0% |
| Distributable reserves | 133 | €583,902 | €583,902 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,445 | €15,396 | -€6,050 | -28.2% |
| Amounts payable | 17/49 | €32,232 | €10,291 | -€21,941 | -68.1% |
| Amounts payable after more than one year | 17 | €10,231 | - | -€10,231 | |
| Financial debts | 170/4 | €10,231 | - | -€10,231 | |
| Amounts payable within one year | 42/48 | €22,001 | €10,291 | -€11,710 | -53.2% |
| Current portion of amounts payable after more than one year | 42 | €21,855 | €10,231 | -€11,625 | -53.2% |
| Other amounts payable | 47/48 | €146 | €60 | -€86 | -58.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,458 | €14,756 | +€298 | +2.1% |
| Other operating charges | 640/8 | €3,499 | €1,437 | -€2,062 | -58.9% |
| Gross operating margin | 9900 | -€324 | €10,563 | +€10,887 | |
| Operating profit (loss) | 9901 | -€18,281 | -€5,631 | +€12,650 | +69.2% |
| Financial income | 75/76B | €2,580 | €804 | -€1,775 | -68.8% |
| Recurring financial income | 75 | €2,580 | €804 | -€1,775 | -68.8% |
| Financial charges | 65/66B | €1,885 | €1,223 | -€662 | -35.1% |
| Recurring financial charges | 65 | €1,885 | €1,223 | -€662 | -35.1% |
| Profit (loss) for the period before taxes | 9903 | -€17,587 | -€6,050 | +€11,537 | +65.6% |
| Income taxes | 67/77 | €536 | - | -€536 | |
| Profit (loss) for the period | 9904 | -€18,123 | -€6,050 | +€12,073 | +66.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,123 | -€6,050 | +€12,073 | +66.6% |
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 11 October 2026 via checked.be.