MATRIS: 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.
MATRIS
Largest movements
- Receivables after one year +€32,239
up €32,239 (+22.9%), from €140,960 to €173,198
- Receivables within one year -€19,241
down €19,241 (-58.4%), from €32,941 to €13,699
of which Other amounts receivable: -€15,675
- Cash -€7,126
down €7,126 (-36.3%), from €19,623 to €12,497
mainly Receivables after one year (-€32,239) and Current portion of long-term debt (-€24,558)
- Tangible fixed assets -€2,835
down €2,835 (-61.4%), from €4,616 to €1,780
- Current portion of long-term debt -€24,558
down €24,558 (-84.0%), from €29,225 to €4,667
- Reserves +€19,220
up €19,220 (+18.5%), from €104,020 to €123,240
of which Distributable reserves: +€19,220
- Tax, wage and social debts +€5,472
up €5,472 (+258.7%), from €2,115 to €7,587
- Trade debts +€2,684
up €2,684 (+726.1%), from €370 to €3,054
- Other operating charges -€11,568
down €11,568 (-87.2%), from €13,267 to €1,699
- Write-downs +€11,239
no longer reported in 2025 (was -€11,239)
- Gross operating margin +€7,956
up €7,956 (+31.9%), from €24,923 to €32,879
- Taxes +€6,758
up €6,758 (+107.2%), from €6,304 to €13,062
- Depreciation -€2,414
down €2,414 (-46.0%), from €5,250 to €2,835
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 | €199,122 | €201,940 | +€2,817 | +1.4% |
| Fixed assets | 21/28 | €4,616 | €1,780 | -€2,835 | -61.4% |
| Tangible fixed assets | 22/27 | €4,616 | €1,780 | -€2,835 | -61.4% |
| Furniture and vehicles | 24 | €4,616 | €1,780 | -€2,835 | -61.4% |
| Current assets | 29/58 | €194,506 | €200,159 | +€5,653 | +2.9% |
| Amounts receivable after more than one year | 29 | €140,960 | €173,198 | +€32,239 | +22.9% |
| Trade receivables | 290 | €140,960 | €173,198 | +€32,239 | +22.9% |
| Amounts receivable within one year | 40/41 | €32,941 | €13,699 | -€19,241 | -58.4% |
| Trade receivables | 40 | €16,287 | €12,720 | -€3,567 | -21.9% |
| Other amounts receivable | 41 | €16,654 | €980 | -€15,675 | -94.1% |
| Cash at bank and in hand | 54/58 | €19,623 | €12,497 | -€7,126 | -36.3% |
| Deferred charges and accrued income | 490/1 | €983 | €764 | -€219 | -22.2% |
| Total equity and liabilities | 10/49 | €199,122 | €201,940 | +€2,817 | +1.4% |
| Equity | 10/15 | €167,412 | €186,632 | +€19,220 | +11.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €104,020 | €123,240 | +€19,220 | +18.5% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €97,820 | €117,040 | +€19,220 | +19.6% |
| Profit (loss) carried forward | 14 | €50,992 | €50,992 | = | 0.0% |
| Amounts payable | 17/49 | €31,710 | €15,308 | -€16,402 | -51.7% |
| Amounts payable within one year | 42/48 | €31,710 | €15,308 | -€16,402 | -51.7% |
| Current portion of amounts payable after more than one year | 42 | €29,225 | €4,667 | -€24,558 | -84.0% |
| Trade debts | 44 | €370 | €3,054 | +€2,684 | +726.1% |
| Suppliers | 440/4 | €370 | €3,054 | +€2,684 | +726.1% |
| Taxes, remuneration and social security | 45 | €2,115 | €7,587 | +€5,472 | +258.7% |
| Taxes | 450/3 | €2,115 | €7,587 | +€5,472 | +258.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,250 | €2,835 | -€2,414 | -46.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€11,239 | - | +€11,239 | |
| Other operating charges | 640/8 | €13,267 | €1,699 | -€11,568 | -87.2% |
| Gross operating margin | 9900 | €24,923 | €32,879 | +€7,956 | +31.9% |
| Operating profit (loss) | 9901 | €17,646 | €28,344 | +€10,699 | +60.6% |
| Financial income | 75/76B | €2,675 | €4,642 | +€1,967 | +73.5% |
| Recurring financial income | 75 | €2,675 | €4,642 | +€1,967 | +73.5% |
| Financial charges | 65/66B | €944 | €705 | -€239 | -25.4% |
| Recurring financial charges | 65 | €944 | €705 | -€239 | -25.4% |
| Profit (loss) for the period before taxes | 9903 | €19,376 | €32,282 | +€12,906 | +66.6% |
| Income taxes | 67/77 | €6,304 | €13,062 | +€6,758 | +107.2% |
| Profit (loss) for the period | 9904 | €13,072 | €19,220 | +€6,148 | +47.0% |
| Profit (loss) for the period to be appropriated | 9905 | €13,072 | €19,220 | +€6,148 | +47.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.