MATTERNE IMMO: 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.
MATTERNE IMMO
Largest movements
- Tangible fixed assets +€708,496
up €708,496 (+54.1%), from €1.3m to €2.0m
of which Land and buildings: +€694,321
- Receivables within one year -€144,413
down €144,413 (-76.7%), from €188,225 to €43,812
of which Trade receivables: -€129,044
- Debts after one year +€488,348
up €488,348 (+41.5%), from €1.2m to €1.7m
- Current portion of long-term debt +€25,907
up €25,907 (+36.2%), from €71,518 to €97,425
- Other debts +€24,477
up €24,477 (+175%), from €13,959 to €38,436
- Gross operating margin +€69,180
up €69,180 (+47.9%), from €144,311 to €213,491
- Depreciation +€42,633
up €42,633 (+214%), from €19,960 to €62,593
- Financial charges -€25,745
down €25,745 (-20.5%), from €125,296 to €99,552
- Other operating charges +€7,684
up €7,684 (+139%), from €5,522 to €13,206
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 | €1,531,021 | €2,101,746 | +€570,725 | +37.3% |
| Fixed assets | 21/28 | €1,308,752 | €2,017,248 | +€708,496 | +54.1% |
| Tangible fixed assets | 22/27 | €1,308,752 | €2,017,248 | +€708,496 | +54.1% |
| Land and buildings | 22 | €1,286,267 | €1,980,588 | +€694,321 | +54.0% |
| Plant, machinery and equipment | 23 | €2,475 | €22,366 | +€19,890 | +804% |
| Furniture and vehicles | 24 | €18,946 | €13,567 | -€5,379 | -28.4% |
| Other tangible fixed assets | 26 | €1,063 | €727 | -€336 | -31.6% |
| Current assets | 29/58 | €222,269 | €84,498 | -€137,771 | -62.0% |
| Amounts receivable within one year | 40/41 | €188,225 | €43,812 | -€144,413 | -76.7% |
| Trade receivables | 40 | €163,444 | €34,400 | -€129,044 | -79.0% |
| Other amounts receivable | 41 | €24,781 | €9,412 | -€15,368 | -62.0% |
| Cash at bank and in hand | 54/58 | €22,277 | €35,535 | +€13,258 | +59.5% |
| Deferred charges and accrued income | 490/1 | €11,767 | €5,150 | -€6,617 | -56.2% |
| Total equity and liabilities | 10/49 | €1,531,021 | €2,101,746 | +€570,725 | +37.3% |
| Equity | 10/15 | €248,687 | €265,240 | +€16,553 | +6.7% |
| Contributions | 10/11 | €9,653 | €9,653 | = | 0.0% |
| Profit (loss) carried forward | 14 | €239,034 | €255,587 | +€16,553 | +6.9% |
| Amounts payable | 17/49 | €1,282,335 | €1,836,506 | +€554,172 | +43.2% |
| Amounts payable after more than one year | 17 | €1,177,481 | €1,665,829 | +€488,348 | +41.5% |
| Financial debts | 170/4 | €1,177,481 | €1,665,829 | +€488,348 | +41.5% |
| Amounts payable within one year | 42/48 | €104,497 | €169,885 | +€65,388 | +62.6% |
| Current portion of amounts payable after more than one year | 42 | €71,518 | €97,425 | +€25,907 | +36.2% |
| Trade debts | 44 | €10,120 | €15,537 | +€5,416 | +53.5% |
| Suppliers | 440/4 | €10,120 | €15,537 | +€5,416 | +53.5% |
| Taxes, remuneration and social security | 45 | €8,900 | €18,487 | +€9,587 | +108% |
| Taxes | 450/3 | €6,300 | €15,887 | +€9,587 | +152% |
| Remuneration and social security | 454/9 | €2,600 | €2,600 | = | 0.0% |
| Other amounts payable | 47/48 | €13,959 | €38,436 | +€24,477 | +175% |
| Accrued charges and deferred income | 492/3 | €357 | €792 | +€436 | +122% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,960 | €62,593 | +€42,633 | +214% |
| Other operating charges | 640/8 | €5,522 | €13,206 | +€7,684 | +139% |
| Gross operating margin | 9900 | €144,311 | €213,491 | +€69,180 | +47.9% |
| Operating profit (loss) | 9901 | €118,829 | €137,692 | +€18,863 | +15.9% |
| Financial income | 75/76B | €245 | €1 | -€245 | -99.8% |
| Recurring financial income | 75 | €245 | €1 | -€245 | -99.8% |
| Financial charges | 65/66B | €125,296 | €99,552 | -€25,745 | -20.5% |
| Recurring financial charges | 65 | €125,296 | €99,552 | -€25,745 | -20.5% |
| Profit (loss) for the period before taxes | 9903 | -€6,222 | €38,141 | +€44,363 | |
| Income taxes | 67/77 | €526 | €588 | +€62 | +11.7% |
| Profit (loss) for the period | 9904 | -€6,748 | €37,553 | +€44,302 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,748 | €37,553 | +€44,302 |
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 23 October 2026 via checked.be.