MATTHIJS BOUW: what changed
MATTHIJS BOUW
Largest movements
- Receivables within one year +€1,141
up €1,141 (+2,725%), from €42 to €1,183
of which Trade receivables: +€756
- Deferred charges and accrued income +€723
up €723 (+1,257%), from €58 to €780
- Tangible fixed assets -€290
down €290 (-77.8%), from €373 to €83
- Cash +€81
up €81 (+19.4%), from €416 to €497
mainly Other debts (+€5,450) and Trade debts (+€677)
- Other debts +€5,450
up €5,450 (+8.5%), from €64,393 to €69,844
- Reserves -€3,566
down €3,566 (-3.3%), from €108,700 to €105,134
of which Distributable reserves: -€3,566
- Profit (loss) carried forward -€989
down €989 (-0.5%), from -€190,883 to -€191,872
- Trade debts +€677
up €677 (+856%), from €79 to €756
- Accrued charges and deferred income +€81
up €81, from €0 to €81
- Gross operating margin +€1,351
up €1,351 (+28.4%), from -€4,753 to -€3,402
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €888 | €2,542 | +€1,654 | +186% |
| Fixed assets | 21/28 | €373 | €83 | -€290 | -77.8% |
| Tangible fixed assets | 22/27 | €373 | €83 | -€290 | -77.8% |
| Plant, machinery and equipment | 23 | €373 | €83 | -€290 | -77.8% |
| Current assets | 29/58 | €516 | €2,460 | +€1,944 | +377% |
| Amounts receivable within one year | 40/41 | €42 | €1,183 | +€1,141 | +2,725% |
| Trade receivables | 40 | €0 | €756 | +€756 | |
| Other amounts receivable | 41 | €42 | €426 | +€384 | +918% |
| Cash at bank and in hand | 54/58 | €416 | €497 | +€81 | +19.4% |
| Deferred charges and accrued income | 490/1 | €58 | €780 | +€723 | +1,257% |
| Total equity and liabilities | 10/49 | €888 | €2,542 | +€1,654 | +186% |
| Equity | 10/15 | -€63,584 | -€68,139 | -€4,555 | -7.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €108,700 | €105,134 | -€3,566 | -3.3% |
| Tax-exempt reserves | 132 | €26,450 | €26,450 | = | 0.0% |
| Distributable reserves | 133 | €82,250 | €78,684 | -€3,566 | -4.3% |
| Profit (loss) carried forward | 14 | -€190,883 | -€191,872 | -€989 | -0.5% |
| Amounts payable | 17/49 | €64,472 | €70,681 | +€6,209 | +9.6% |
| Amounts payable within one year | 42/48 | €64,472 | €70,600 | +€6,128 | +9.5% |
| Trade debts | 44 | €79 | €756 | +€677 | +856% |
| Suppliers | 440/4 | €79 | €756 | +€677 | +856% |
| Other amounts payable | 47/48 | €64,393 | €69,844 | +€5,450 | +8.5% |
| Accrued charges and deferred income | 492/3 | €0 | €81 | +€81 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €290 | €290 | = | 0.0% |
| Other operating charges | 640/8 | €719 | €716 | -€3 | -0.4% |
| Gross operating margin | 9900 | -€4,753 | -€3,402 | +€1,351 | +28.4% |
| Operating profit (loss) | 9901 | -€5,763 | -€4,408 | +€1,354 | +23.5% |
| Financial charges | 65/66B | €147 | €146 | -€0 | -0.3% |
| Recurring financial charges | 65 | €147 | €146 | -€0 | -0.3% |
| Profit (loss) for the period before taxes | 9903 | -€5,910 | -€4,555 | +€1,355 | +22.9% |
| Profit (loss) for the period | 9904 | -€5,910 | -€4,555 | +€1,355 | +22.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,910 | -€4,555 | +€1,355 | +22.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.