@Matrix Group: 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.
@Matrix Group
Largest movements
- Cash -€5,316
down €5,316 (-96.9%), from €5,485 to €168
mainly Other debts (-€12,500) and Investment in fixed assets (net) (-€9,906)
- Stocks and contracts -€4,464
down €4,464 (-2.4%), from €189,628 to €185,164
- Other debts -€12,500
down €12,500 (-7.5%), from €166,424 to €153,924
- Reserves +€7,955
up €7,955 (+18.5%), from €42,996 to €50,951
- Trade debts -€6,572
down €6,572 (-94.4%), from €6,963 to €391
- Tax, wage and social debts +€2,531
up €2,531 (+102.3%), from €2,475 to €5,006
- Gross operating margin +€4,093
up €4,093 (+23.8%), from €17,180 to €21,273
- Depreciation +€1,154
up €1,154 (+14.1%), from €8,166 to €9,320
- Taxes +€927
up €927 (+55.8%), from €1,661 to €2,588
- Financial charges +€452
up €452 (+415.1%), from €109 to €561
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 | €229,323 | €220,937 | -€8,386 | -3.7% |
| Fixed assets | 21/28 | €31,212 | €31,798 | +€586 | +1.9% |
| Tangible fixed assets | 22/27 | €31,212 | €31,798 | +€586 | +1.9% |
| Plant, machinery and equipment | 23 | €29,153 | €30,090 | +€937 | +3.2% |
| Other tangible fixed assets | 26 | €2,059 | €1,708 | -€351 | -17.0% |
| Current assets | 29/58 | €198,112 | €189,140 | -€8,972 | -4.5% |
| Stocks and contracts in progress | 3 | €189,628 | €185,164 | -€4,464 | -2.4% |
| Stocks | 30/36 | €189,628 | €185,164 | -€4,464 | -2.4% |
| Amounts receivable within one year | 40/41 | €2,999 | €3,807 | +€808 | +27.0% |
| Trade receivables | 40 | €2,999 | €3,807 | +€808 | +27.0% |
| Cash at bank and in hand | 54/58 | €5,485 | €168 | -€5,316 | -96.9% |
| Total equity and liabilities | 10/49 | €229,323 | €220,937 | -€8,386 | -3.7% |
| Equity | 10/15 | €52,461 | €60,416 | +€7,955 | +15.2% |
| Contributions | 10/11 | €9,465 | €9,465 | = | 0.0% |
| Reserves | 13 | €42,996 | €50,951 | +€7,955 | +18.5% |
| Distributable reserves | 133 | €42,996 | €50,951 | +€7,955 | +18.5% |
| Amounts payable | 17/49 | €176,863 | €160,521 | -€16,341 | -9.2% |
| Amounts payable within one year | 42/48 | €175,863 | €159,321 | -€16,541 | -9.4% |
| Trade debts | 44 | €6,963 | €391 | -€6,572 | -94.4% |
| Suppliers | 440/4 | €6,963 | €391 | -€6,572 | -94.4% |
| Taxes, remuneration and social security | 45 | €2,475 | €5,006 | +€2,531 | +102.3% |
| Taxes | 450/3 | €2,475 | €5,006 | +€2,531 | +102.3% |
| Other amounts payable | 47/48 | €166,424 | €153,924 | -€12,500 | -7.5% |
| Accrued charges and deferred income | 492/3 | €1,000 | €1,200 | +€200 | +20.0% |
| Non-recurring operating income | 76A | - | €308 | +€308 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,166 | €9,320 | +€1,154 | +14.1% |
| Other operating charges | 640/8 | €840 | €849 | +€9 | +1.1% |
| Gross operating margin | 9900 | €17,180 | €21,273 | +€4,093 | +23.8% |
| Operating profit (loss) | 9901 | €8,174 | €11,104 | +€2,931 | +35.9% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €109 | €561 | +€452 | +415.1% |
| Recurring financial charges | 65 | €109 | €561 | +€452 | +415.1% |
| Profit (loss) for the period before taxes | 9903 | €8,065 | €10,544 | +€2,479 | +30.7% |
| Income taxes | 67/77 | €1,661 | €2,588 | +€927 | +55.8% |
| Profit (loss) for the period | 9904 | €6,404 | €7,955 | +€1,552 | +24.2% |
| Profit (loss) for the period to be appropriated | 9905 | €6,404 | €7,955 | +€1,552 | +24.2% |
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 10 October 2026 via checked.be.