Matrox: 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.
Matrox
Largest movements
- Receivables within one year -€14,489
down €14,489 (-54.4%), from €26,623 to €12,134
of which Trade receivables: -€14,823
- Cash +€4,791
up €4,791 (+55.4%), from €8,646 to €13,437
mainly Receivables within one year (+€14,489) and Depreciation (+€11,234)
- Tangible fixed assets -€3,224
down €3,224 (-23.7%), from €13,611 to €10,387
of which Furniture and vehicles: -€9,693
- Reserves -€12,781
down €12,781 (-87.7%), from €14,580 to €1,799
- Other debts +€9,968
up €9,968 (+68.3%), from €14,600 to €24,569
- Tax, wage and social debts -€6,299
down €6,299 (-40.5%), from €15,559 to €9,260
- Trade debts -€3,137
down €3,137 (-62.7%), from €5,001 to €1,864
- Gross operating margin +€4,467
up €4,467 (+17.8%), from €25,048 to €29,514
- Financial charges -€4,287
down €4,287 (-90.2%), from €4,753 to €466
- Taxes +€1,814
up €1,814 (+31.0%), from €5,852 to €7,666
- Depreciation +€832
up €832 (+8.0%), from €10,402 to €11,234
- Financial income +€339
up €339 (+10765.1%), from €3 to €342
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 | €52,240 | €39,492 | -€12,748 | -24.4% |
| Fixed assets | 21/28 | €13,611 | €10,387 | -€3,224 | -23.7% |
| Tangible fixed assets | 22/27 | €13,611 | €10,387 | -€3,224 | -23.7% |
| Plant, machinery and equipment | 23 | €3,162 | €9,630 | +€6,469 | +204.6% |
| Furniture and vehicles | 24 | €10,450 | €756 | -€9,693 | -92.8% |
| Current assets | 29/58 | €38,628 | €29,105 | -€9,523 | -24.7% |
| Amounts receivable within one year | 40/41 | €26,623 | €12,134 | -€14,489 | -54.4% |
| Trade receivables | 40 | €24,891 | €10,067 | -€14,823 | -59.6% |
| Other amounts receivable | 41 | €1,733 | €2,066 | +€334 | +19.3% |
| Cash at bank and in hand | 54/58 | €8,646 | €13,437 | +€4,791 | +55.4% |
| Deferred charges and accrued income | 490/1 | €3,360 | €3,535 | +€175 | +5.2% |
| Total equity and liabilities | 10/49 | €52,240 | €39,492 | -€12,748 | -24.4% |
| Equity | 10/15 | €16,580 | €3,799 | -€12,781 | -77.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €14,580 | €1,799 | -€12,781 | -87.7% |
| Distributable reserves | 133 | €14,580 | €1,799 | -€12,781 | -87.7% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €35,659 | €35,693 | +€33 | +0.1% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €35,659 | €35,693 | +€33 | +0.1% |
| Current portion of amounts payable after more than one year | 42 | €499 | €0 | -€499 | -100.0% |
| Trade debts | 44 | €5,001 | €1,864 | -€3,137 | -62.7% |
| Suppliers | 440/4 | €5,001 | €1,864 | -€3,137 | -62.7% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €15,559 | €9,260 | -€6,299 | -40.5% |
| Taxes | 450/3 | €15,559 | €9,260 | -€6,299 | -40.5% |
| Other amounts payable | 47/48 | €14,600 | €24,569 | +€9,968 | +68.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,402 | €11,234 | +€832 | +8.0% |
| Other operating charges | 640/8 | €1,859 | €1,918 | +€60 | +3.2% |
| Gross operating margin | 9900 | €25,048 | €29,514 | +€4,467 | +17.8% |
| Operating profit (loss) | 9901 | €12,787 | €16,362 | +€3,575 | +28.0% |
| Financial income | 75/76B | €3 | €342 | +€339 | +10765.1% |
| Recurring financial income | 75 | €3 | €342 | +€339 | +10765.1% |
| Financial charges | 65/66B | €4,753 | €466 | -€4,287 | -90.2% |
| Recurring financial charges | 65 | €4,753 | €466 | -€4,287 | -90.2% |
| Profit (loss) for the period before taxes | 9903 | €8,037 | €16,238 | +€8,201 | +102.0% |
| Income taxes | 67/77 | €5,852 | €7,666 | +€1,814 | +31.0% |
| Profit (loss) for the period | 9904 | €2,185 | €8,572 | +€6,387 | +292.3% |
| Profit (loss) for the period to be appropriated | 9905 | €2,185 | €8,572 | +€6,387 | +292.3% |
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 10 October 2026 via checked.be.