Matslog: 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.
Matslog
Largest movements
- Deferred charges and accrued income +€9,439
new in 2025: €9,439
- Cash +€6,239
up €6,239 (+105.8%), from €5,894 to €12,133
mainly Net result for the year (+€18,569) and Tax, wage and social debts (+€1,083)
- Receivables within one year +€5,392
up €5,392 (+76.1%), from €7,082 to €12,474
of which Trade receivables: +€12,474
- Tangible fixed assets -€596
down €596 (-23.6%), from €2,522 to €1,926
- Profit (loss) carried forward +€18,569
up €18,569 (+141.3%), from €13,146 to €31,715
- Tax, wage and social debts +€1,083
new in 2025: €1,083
- Other debts +€620
new in 2025: €620
- Gross operating margin +€8,449
up €8,449 (+46.5%), from €18,179 to €26,628
- Financial charges +€1,523
up €1,523 (+9481.1%), from €16 to €1,539
- Taxes +€1,517
up €1,517 (+38.6%), from €3,934 to €5,451
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 | €15,498 | €35,972 | +€20,474 | +132.1% |
| Fixed assets | 21/28 | €2,522 | €1,926 | -€596 | -23.6% |
| Tangible fixed assets | 22/27 | €2,522 | €1,926 | -€596 | -23.6% |
| Plant, machinery and equipment | 23 | €2,522 | €1,926 | -€596 | -23.6% |
| Current assets | 29/58 | €12,976 | €34,046 | +€21,070 | +162.4% |
| Amounts receivable within one year | 40/41 | €7,082 | €12,474 | +€5,392 | +76.1% |
| Trade receivables | 40 | - | €12,474 | +€12,474 | |
| Other amounts receivable | 41 | €7,082 | - | -€7,082 | |
| Cash at bank and in hand | 54/58 | €5,894 | €12,133 | +€6,239 | +105.8% |
| Deferred charges and accrued income | 490/1 | - | €9,439 | +€9,439 | |
| Total equity and liabilities | 10/49 | €15,498 | €35,972 | +€20,474 | +132.1% |
| Equity | 10/15 | €15,146 | €33,715 | +€18,569 | +122.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,146 | €31,715 | +€18,569 | +141.3% |
| Amounts payable | 17/49 | €352 | €2,256 | +€1,904 | +541.1% |
| Amounts payable within one year | 42/48 | €352 | €2,256 | +€1,904 | +541.1% |
| Trade debts | 44 | €352 | €554 | +€202 | +57.4% |
| Suppliers | 440/4 | €352 | €554 | +€202 | +57.4% |
| Taxes, remuneration and social security | 45 | - | €1,083 | +€1,083 | |
| Taxes | 450/3 | - | €1,083 | +€1,083 | |
| Other amounts payable | 47/48 | - | €620 | +€620 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €459 | €596 | +€137 | +29.9% |
| Other operating charges | 640/8 | €281 | €473 | +€192 | +68.2% |
| Gross operating margin | 9900 | €18,179 | €26,628 | +€8,449 | +46.5% |
| Operating profit (loss) | 9901 | €17,439 | €25,559 | +€8,120 | +46.6% |
| Financial income | 75/76B | €7 | €0 | -€7 | -97.5% |
| Recurring financial income | 75 | €7 | €0 | -€7 | -97.5% |
| Financial charges | 65/66B | €16 | €1,539 | +€1,523 | +9481.1% |
| Recurring financial charges | 65 | €16 | €1,539 | +€1,523 | +9481.1% |
| Profit (loss) for the period before taxes | 9903 | €17,430 | €24,021 | +€6,590 | +37.8% |
| Income taxes | 67/77 | €3,934 | €5,451 | +€1,517 | +38.6% |
| Profit (loss) for the period | 9904 | €13,496 | €18,569 | +€5,074 | +37.6% |
| Profit (loss) for the period to be appropriated | 9905 | €13,496 | €18,569 | +€5,074 | +37.6% |
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 12 October 2026 via checked.be.