MATTCO INFORMATION TECHNOLOGY: 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.
MATTCO INFORMATION TECHNOLOGY
Largest movements
- Stocks and contracts -€56,160
down €56,160 (-16.7%), from €336,284 to €280,123
- Receivables within one year +€40,651
up €40,651 (+92.7%), from €43,846 to €84,498
of which Trade receivables: +€42,495
- Debts after one year -€11,570
down €11,570 (-56.7%), from €20,395 to €8,825
- Trade debts -€7,420
down €7,420 (-9.6%), from €77,165 to €69,745
- Current portion of long-term debt -€6,779
down €6,779 (-16.9%), from €40,209 to €33,430
- Profit (loss) carried forward +€4,854
up €4,854 (+7.5%), from €64,331 to €69,185
- Short-term financial debts +€4,838
new in 2024: €4,838
- Gross operating margin +€15,241
up €15,241 (+8.0%), from €189,634 to €204,875
- Staff costs -€14,316
down €14,316 (-7.3%), from €196,348 to €182,032
- Depreciation -€4,388
down €4,388 (-69.3%), from €6,331 to €1,943
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €398,707 | €385,825 | -€12,882 | -3.2% |
| Fixed assets | 21/28 | €16,560 | €16,512 | -€48 | -0.3% |
| Intangible fixed assets | 21 | €295 | - | -€295 | |
| Tangible fixed assets | 22/27 | €5,270 | €3,622 | -€1,648 | -31.3% |
| Furniture and vehicles | 24 | €5,270 | €3,622 | -€1,648 | -31.3% |
| Financial fixed assets | 28 | €10,994 | €12,889 | +€1,895 | +17.2% |
| Current assets | 29/58 | €382,147 | €369,314 | -€12,834 | -3.4% |
| Stocks and contracts in progress | 3 | €336,284 | €280,123 | -€56,160 | -16.7% |
| Stocks | 30/36 | €336,284 | €280,123 | -€56,160 | -16.7% |
| Amounts receivable within one year | 40/41 | €43,846 | €84,498 | +€40,651 | +92.7% |
| Trade receivables | 40 | €41,753 | €84,248 | +€42,495 | +102% |
| Other amounts receivable | 41 | €2,094 | €250 | -€1,844 | -88.1% |
| Cash at bank and in hand | 54/58 | €2,017 | €4,692 | +€2,675 | +133% |
| Total equity and liabilities | 10/49 | €398,707 | €385,825 | -€12,882 | -3.2% |
| Equity | 10/15 | €129,440 | €134,294 | +€4,854 | +3.8% |
| Contributions | 10/11 | €20,707 | €20,707 | = | 0.0% |
| Reserves | 13 | €44,401 | €44,401 | = | 0.0% |
| Tax-exempt reserves | 132 | €44,401 | €44,401 | = | 0.0% |
| Profit (loss) carried forward | 14 | €64,331 | €69,185 | +€4,854 | +7.5% |
| Amounts payable | 17/49 | €269,267 | €251,531 | -€17,736 | -6.6% |
| Amounts payable after more than one year | 17 | €20,395 | €8,825 | -€11,570 | -56.7% |
| Financial debts | 170/4 | €20,395 | €8,825 | -€11,570 | -56.7% |
| Amounts payable within one year | 42/48 | €248,872 | €242,706 | -€6,166 | -2.5% |
| Current portion of amounts payable after more than one year | 42 | €40,209 | €33,430 | -€6,779 | -16.9% |
| Financial debts | 43 | - | €4,838 | +€4,838 | |
| Credit institutions | 430/8 | - | €4,838 | +€4,838 | |
| Trade debts | 44 | €77,165 | €69,745 | -€7,420 | -9.6% |
| Suppliers | 440/4 | €77,165 | €69,745 | -€7,420 | -9.6% |
| Taxes, remuneration and social security | 45 | €32,154 | €32,939 | +€784 | +2.4% |
| Taxes | 450/3 | €9,376 | €11,721 | +€2,344 | +25.0% |
| Remuneration and social security | 454/9 | €22,778 | €21,218 | -€1,560 | -6.8% |
| Other amounts payable | 47/48 | €99,344 | €101,755 | +€2,411 | +2.4% |
| Remuneration, social security and pensions | 62 | €196,348 | €182,032 | -€14,316 | -7.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,331 | €1,943 | -€4,388 | -69.3% |
| Other operating charges | 640/8 | €3,598 | €2,908 | -€690 | -19.2% |
| Gross operating margin | 9900 | €189,634 | €204,875 | +€15,241 | +8.0% |
| Operating profit (loss) | 9901 | -€16,644 | €17,992 | +€34,635 | |
| Financial income | 75/76B | €57 | €105 | +€47 | +82.4% |
| Recurring financial income | 75 | €57 | €105 | +€47 | +82.4% |
| Financial charges | 65/66B | €4,919 | €6,786 | +€1,868 | +38.0% |
| Recurring financial charges | 65 | €4,919 | €6,786 | +€1,868 | +38.0% |
| Profit (loss) for the period before taxes | 9903 | -€21,505 | €11,310 | +€32,815 | |
| Transfer from deferred taxes | 780 | €1,240 | - | -€1,240 | |
| Income taxes | 67/77 | - | €1,456 | +€1,456 | |
| Profit (loss) for the period | 9904 | -€20,266 | €9,854 | +€30,120 | |
| Transfer from tax-exempt reserves | 789 | €4,959 | - | -€4,959 | |
| Profit (loss) for the period to be appropriated | 9905 | -€15,307 | €9,854 | +€25,161 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.