MATTEMBURGH: what changed
Two fiscal 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.
MATTEMBURGH
Largest movements
- Tangible fixed assets -€84,053
down €84,053 (-4.4%), from €1.9m to €1.8m
of which Land and buildings: -€62,717
- Receivables within one year -€61,741
down €61,741 (-37.2%), from €166,187 to €104,447
of which Other amounts receivable: -€62,187
- Debts after one year -€78,581
down €78,581 (-7.7%), from €1.0m to €939,590
- Profit (loss) carried forward -€42,270
down €42,270 (-7.8%), from €538,733 to €496,463
- Financial income -€260,043
down €260,043 (-99.9%), from €260,363 to €320
of which Non-recurring financial income: -€260,000
- Taxes -€56,415
down €56,415 (-99.1%), from €56,953 to €538
- Gross operating margin -€19,371
down €19,371 (-21.7%), from €89,461 to €70,090
- Financial charges -€1,153
down €1,153 (-8.7%), from €13,203 to €12,050
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 | €2,067,886 | €1,921,302 | -€146,584 | -7.1% |
| Fixed assets | 21/28 | €1,897,209 | €1,813,155 | -€84,053 | -4.4% |
| Tangible fixed assets | 22/27 | €1,897,209 | €1,813,155 | -€84,053 | -4.4% |
| Land and buildings | 22 | €1,855,313 | €1,792,595 | -€62,717 | -3.4% |
| Plant, machinery and equipment | 23 | €13,217 | €11,548 | -€1,668 | -12.6% |
| Furniture and vehicles | 24 | €27,846 | €8,456 | -€19,390 | -69.6% |
| Other tangible fixed assets | 26 | €833 | €556 | -€278 | -33.3% |
| Current assets | 29/58 | €170,678 | €108,147 | -€62,531 | -36.6% |
| Amounts receivable within one year | 40/41 | €166,187 | €104,447 | -€61,741 | -37.2% |
| Trade receivables | 40 | €1,771 | €2,217 | +€447 | +25.2% |
| Other amounts receivable | 41 | €164,417 | €102,230 | -€62,187 | -37.8% |
| Cash at bank and in hand | 54/58 | €1,326 | €298 | -€1,028 | -77.5% |
| Deferred charges and accrued income | 490/1 | €3,164 | €3,402 | +€237 | +7.5% |
| Total equity and liabilities | 10/49 | €2,067,886 | €1,921,302 | -€146,584 | -7.1% |
| Equity | 10/15 | €921,210 | €878,940 | -€42,270 | -4.6% |
| Contributions | 10/11 | €302,000 | €302,000 | = | 0.0% |
| Capital | 10 | €302,000 | €302,000 | = | 0.0% |
| Issued capital | 100 | €302,000 | €302,000 | = | 0.0% |
| Reserves | 13 | €80,477 | €80,477 | = | 0.0% |
| Non-distributable reserves | 130/1 | €30,200 | €30,200 | = | 0.0% |
| Legal reserve | 130 | €30,200 | €30,200 | = | 0.0% |
| Distributable reserves | 133 | €50,277 | €50,277 | = | 0.0% |
| Profit (loss) carried forward | 14 | €538,733 | €496,463 | -€42,270 | -7.8% |
| Amounts payable | 17/49 | €1,146,677 | €1,042,362 | -€104,315 | -9.1% |
| Amounts payable after more than one year | 17 | €1,018,171 | €939,590 | -€78,581 | -7.7% |
| Financial debts | 170/4 | €1,018,171 | €939,590 | -€78,581 | -7.7% |
| Amounts payable within one year | 42/48 | €128,506 | €99,548 | -€28,958 | -22.5% |
| Current portion of amounts payable after more than one year | 42 | €51,264 | €52,581 | +€1,317 | +2.6% |
| Financial debts | 43 | - | €174 | +€174 | |
| Credit institutions | 430/8 | - | €174 | +€174 | |
| Trade debts | 44 | €23,389 | €11,815 | -€11,574 | -49.5% |
| Suppliers | 440/4 | €23,389 | €11,815 | -€11,574 | -49.5% |
| Taxes, remuneration and social security | 45 | €16,845 | €17,306 | +€461 | +2.7% |
| Taxes | 450/3 | €16,845 | €17,306 | +€461 | +2.7% |
| Other amounts payable | 47/48 | €37,008 | €17,672 | -€19,336 | -52.2% |
| Accrued charges and deferred income | 492/3 | - | €3,225 | +€3,225 | |
| Non-recurring operating income | 76A | - | €1,682 | +€1,682 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €83,282 | €84,053 | +€771 | +0.9% |
| Other operating charges | 640/8 | €15,992 | €16,039 | +€47 | +0.3% |
| Gross operating margin | 9900 | €89,461 | €70,090 | -€19,371 | -21.7% |
| Operating profit (loss) | 9901 | -€9,814 | -€30,002 | -€20,189 | -205.7% |
| Financial income | 75/76B | €260,363 | €320 | -€260,043 | -99.9% |
| Recurring financial income | 75 | €363 | €320 | -€43 | -11.8% |
| Non-recurring financial income | 76B | €260,000 | - | -€260,000 | |
| Financial charges | 65/66B | €13,203 | €12,050 | -€1,153 | -8.7% |
| Recurring financial charges | 65 | €13,203 | €12,050 | -€1,153 | -8.7% |
| Profit (loss) for the period before taxes | 9903 | €237,347 | -€41,732 | -€279,079 | |
| Income taxes | 67/77 | €56,953 | €538 | -€56,415 | -99.1% |
| Profit (loss) for the period | 9904 | €180,394 | -€42,270 | -€222,663 | |
| Profit (loss) for the period to be appropriated | 9905 | €180,394 | -€42,270 | -€222,663 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.