Matt-IT: 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.
Matt-IT
Largest movements
- Cash +€60,509
up €60,509 (+147%), from €41,037 to €101,546
mainly Net result for the year (+€48,038) and Tax, wage and social debts (+€12,432)
- Receivables within one year -€2,208
down €2,208 (-15.5%), from €14,249 to €12,041
- Tangible fixed assets +€1,726
up €1,726 (+15.2%), from €11,347 to €13,073
of which Furniture and vehicles: +€2,100
- Reserves +€48,038
up €48,038 (+124%), from €38,623 to €86,661
- Tax, wage and social debts +€12,432
up €12,432 (+56.8%), from €21,899 to €34,332
of which Taxes: +€15,419
- Other debts -€1,482
down €1,482 (-82.3%), from €1,802 to €320
- Gross operating margin +€15,972
up €15,972 (+31.3%), from €50,975 to €66,947
- Taxes +€3,934
up €3,934 (+36.5%), from €10,781 to €14,715
- Depreciation +€2,627
up €2,627 (+167%), from €1,572 to €4,199
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.
Derived cash bridge
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 | €67,338 | €126,765 | +€59,427 | +88.3% |
| Fixed assets | 21/28 | €11,347 | €13,073 | +€1,726 | +15.2% |
| Tangible fixed assets | 22/27 | €11,347 | €13,073 | +€1,726 | +15.2% |
| Plant, machinery and equipment | 23 | €1,633 | €1,259 | -€374 | -22.9% |
| Furniture and vehicles | 24 | €9,714 | €11,814 | +€2,100 | +21.6% |
| Current assets | 29/58 | €55,991 | €113,692 | +€57,701 | +103% |
| Amounts receivable within one year | 40/41 | €14,249 | €12,041 | -€2,208 | -15.5% |
| Trade receivables | 40 | €14,249 | €12,041 | -€2,208 | -15.5% |
| Cash at bank and in hand | 54/58 | €41,037 | €101,546 | +€60,509 | +147% |
| Deferred charges and accrued income | 490/1 | €705 | €105 | -€600 | -85.0% |
| Total equity and liabilities | 10/49 | €67,338 | €126,765 | +€59,427 | +88.3% |
| Equity | 10/15 | €40,623 | €88,661 | +€48,038 | +118% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €38,623 | €86,661 | +€48,038 | +124% |
| Distributable reserves | 133 | €38,623 | €86,661 | +€48,038 | +124% |
| Amounts payable | 17/49 | €26,715 | €38,104 | +€11,389 | +42.6% |
| Amounts payable within one year | 42/48 | €26,715 | €38,104 | +€11,389 | +42.6% |
| Trade debts | 44 | €3,014 | €3,453 | +€439 | +14.6% |
| Suppliers | 440/4 | €3,014 | €3,453 | +€439 | +14.6% |
| Taxes, remuneration and social security | 45 | €21,899 | €34,332 | +€12,432 | +56.8% |
| Taxes | 450/3 | €16,041 | €31,460 | +€15,419 | +96.1% |
| Remuneration and social security | 454/9 | €5,858 | €2,872 | -€2,986 | -51.0% |
| Other amounts payable | 47/48 | €1,802 | €320 | -€1,482 | -82.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,572 | €4,199 | +€2,627 | +167% |
| Gross operating margin | 9900 | €50,975 | €66,947 | +€15,972 | +31.3% |
| Operating profit (loss) | 9901 | €49,404 | €62,748 | +€13,345 | +27.0% |
| Financial income | 75/76B | €0 | €5 | +€5 | +1,567% |
| Recurring financial income | 75 | €0 | €5 | +€5 | +1,567% |
| Financial charges | 65/66B | - | €0 | +€0 | |
| Recurring financial charges | 65 | - | €0 | +€0 | |
| Profit (loss) for the period before taxes | 9903 | €49,404 | €62,753 | +€13,349 | +27.0% |
| Income taxes | 67/77 | €10,781 | €14,715 | +€3,934 | +36.5% |
| Profit (loss) for the period | 9904 | €38,623 | €48,038 | +€9,415 | +24.4% |
| Profit (loss) for the period to be appropriated | 9905 | €38,623 | €48,038 | +€9,415 | +24.4% |
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 14 October 2026 via checked.be.