Matthé Holding: 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.
Matthé Holding
Largest movements
- Financial fixed assets -€125,799
down €125,799 (-22.1%), from €568,368 to €442,569
- Receivables within one year +€90,009
up €90,009 (+300%), from €30,000 to €120,009
- Cash -€13,014
down €13,014 (-94.5%), from €13,765 to €752
mainly Receivables within one year (-€90,009) and Debts after one year (-€68,460)
- Other debts +€95,000
up €95,000 (+190%), from €50,000 to €145,000
- Debts after one year -€68,460
down €68,460 (-40.6%), from €168,460 to €100,000
- Current portion of long-term debt -€50,478
down €50,478 (-100%), from €50,478 to €0
- Profit (loss) carried forward -€19,451
down €19,451 (-10.5%), from €185,064 to €165,614
- Financial income -€42,598
down €42,598 (-89.5%), from €47,570 to €4,971
- Financial charges +€24,350
up €24,350 (+469%), from €5,191 to €29,541
of which Non-recurring financial charges: +€25,799
- Gross operating margin -€23,636
down €23,636 (-75.1%), from €31,480 to €7,844
- Taxes -€4,489
down €4,489 (-68.0%), from €6,605 to €2,116
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 | €612,133 | €563,330 | -€48,804 | -8.0% |
| Fixed assets | 21/28 | €568,368 | €442,569 | -€125,799 | -22.1% |
| Financial fixed assets | 28 | €568,368 | €442,569 | -€125,799 | -22.1% |
| Current assets | 29/58 | €43,765 | €120,760 | +€76,995 | +176% |
| Amounts receivable within one year | 40/41 | €30,000 | €120,009 | +€90,009 | +300% |
| Other amounts receivable | 41 | €30,000 | €120,009 | +€90,009 | +300% |
| Cash at bank and in hand | 54/58 | €13,765 | €752 | -€13,014 | -94.5% |
| Total equity and liabilities | 10/49 | €612,133 | €563,330 | -€48,804 | -8.0% |
| Equity | 10/15 | €335,064 | €315,614 | -€19,451 | -5.8% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €185,064 | €165,614 | -€19,451 | -10.5% |
| Amounts payable | 17/49 | €277,069 | €247,716 | -€29,353 | -10.6% |
| Amounts payable after more than one year | 17 | €168,460 | €100,000 | -€68,460 | -40.6% |
| Financial debts | 170/4 | €168,460 | €100,000 | -€68,460 | -40.6% |
| Amounts payable within one year | 42/48 | €108,609 | €147,716 | +€39,107 | +36.0% |
| Current portion of amounts payable after more than one year | 42 | €50,478 | €0 | -€50,478 | -100% |
| Taxes, remuneration and social security | 45 | €8,131 | €2,716 | -€5,415 | -66.6% |
| Taxes | 450/3 | €8,131 | €2,716 | -€5,415 | -66.6% |
| Other amounts payable | 47/48 | €50,000 | €145,000 | +€95,000 | +190% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Other operating charges | 640/8 | €594 | €609 | +€14 | +2.4% |
| Gross operating margin | 9900 | €31,480 | €7,844 | -€23,636 | -75.1% |
| Operating profit (loss) | 9901 | €30,886 | €7,235 | -€23,650 | -76.6% |
| Financial income | 75/76B | €47,570 | €4,971 | -€42,598 | -89.5% |
| Recurring financial income | 75 | €47,570 | €4,971 | -€42,598 | -89.5% |
| Financial charges | 65/66B | €5,191 | €29,541 | +€24,350 | +469% |
| Recurring financial charges | 65 | €5,191 | €3,742 | -€1,449 | -27.9% |
| Non-recurring financial charges | 66B | - | €25,799 | +€25,799 | |
| Profit (loss) for the period before taxes | 9903 | €73,264 | -€17,335 | -€90,598 | |
| Income taxes | 67/77 | €6,605 | €2,116 | -€4,489 | -68.0% |
| Profit (loss) for the period | 9904 | €66,659 | -€19,451 | -€86,109 | |
| Profit (loss) for the period to be appropriated | 9905 | €66,659 | -€19,451 | -€86,109 |
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 20 October 2026 via checked.be.