MATTAEL: 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.
MATTAEL
Largest movements
- Tangible fixed assets -€4,265
down €4,265 (-74.2%), from €5,745 to €1,480
- Cash +€2,456
up €2,456 (+155.0%), from €1,584 to €4,040
mainly Depreciation (+€4,265) and Other debts (+€2,049)
- Profit (loss) carried forward -€3,697
down €3,697, from €1,697 to -€2,000
- Other debts +€2,049
up €2,049 (+5.6%), from €36,883 to €38,931
- Gross operating margin -€6,872
down €6,872 (-87.8%), from €7,823 to €951
- Depreciation +€370
up €370 (+9.5%), from €3,895 to €4,265
- Financial charges -€111
down €111 (-82.0%), from €135 to €24
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 | €60,074 | €58,296 | -€1,778 | -3.0% |
| Fixed assets | 21/28 | €5,745 | €1,480 | -€4,265 | -74.2% |
| Tangible fixed assets | 22/27 | €5,745 | €1,480 | -€4,265 | -74.2% |
| Furniture and vehicles | 24 | €5,745 | €1,480 | -€4,265 | -74.2% |
| Current assets | 29/58 | €54,329 | €56,816 | +€2,487 | +4.6% |
| Stocks and contracts in progress | 3 | €52,700 | €52,700 | = | 0.0% |
| Stocks | 30/36 | €52,700 | €52,700 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €45 | €75 | +€30 | +67.5% |
| Other amounts receivable | 41 | €45 | €75 | +€30 | +67.5% |
| Cash at bank and in hand | 54/58 | €1,584 | €4,040 | +€2,456 | +155.0% |
| Total equity and liabilities | 10/49 | €60,074 | €58,296 | -€1,778 | -3.0% |
| Equity | 10/15 | €22,157 | €18,460 | -€3,697 | -16.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,697 | -€2,000 | -€3,697 | |
| Amounts payable | 17/49 | €37,918 | €39,836 | +€1,919 | +5.1% |
| Amounts payable within one year | 42/48 | €37,918 | €39,836 | +€1,919 | +5.1% |
| Taxes, remuneration and social security | 45 | €1,035 | €905 | -€130 | -12.6% |
| Taxes | 450/3 | €1,035 | €905 | -€130 | -12.6% |
| Other amounts payable | 47/48 | €36,883 | €38,931 | +€2,049 | +5.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,895 | €4,265 | +€370 | +9.5% |
| Other operating charges | 640/8 | €410 | €359 | -€51 | -12.5% |
| Gross operating margin | 9900 | €7,823 | €951 | -€6,872 | -87.8% |
| Operating profit (loss) | 9901 | €3,518 | -€3,673 | -€7,191 | |
| Financial charges | 65/66B | €135 | €24 | -€111 | -82.0% |
| Recurring financial charges | 65 | €135 | €24 | -€111 | -82.0% |
| Profit (loss) for the period before taxes | 9903 | €3,383 | -€3,697 | -€7,080 | |
| Profit (loss) for the period | 9904 | €3,383 | -€3,697 | -€7,080 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,383 | -€3,697 | -€7,080 |
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.