MATTHIJS-PEIFFER: what changed
MATTHIJS-PEIFFER
Largest movements
- Cash -€342,870
down €342,870 (-96.4%), from €355,531 to €12,661
mainly Other debts (-€350,053) and Net result for the year (-€75,118)
- Receivables within one year -€146,966
down €146,966 (-99.8%), from €147,247 to €281
of which Trade receivables: -€144,108
- Tangible fixed assets -€42,011
down €42,011 (-11.5%), from €364,193 to €322,183
of which Land and buildings: -€38,508
- Other debts -€350,053
down €350,053 (-99.8%), from €350,833 to €780
- Reserves -€75,118
down €75,118 (-42.1%), from €178,263 to €103,145
- Tax, wage and social debts -€59,068
down €59,068 (-100%), from €59,068 to €0
of which Taxes: -€50,887
- Trade debts -€26,153
down €26,153 (-97.9%), from €26,712 to €559
- Debts after one year -€19,990
down €19,990 (-8.9%), from €224,700 to €204,710
- Gross operating margin -€485,545
down €485,545 (-95.8%), from €506,946 to €21,401
- Staff costs -€30,505
down €30,505 (-41.4%), from €73,689 to €43,184
- Depreciation -€16,667
down €16,667 (-28.4%), from €58,677 to €42,011
Change in the result, 2024 to 2025
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 2024 and 2025 balance sheets and the 2025 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 | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €872,615 | €335,384 | -€537,230 | -61.6% |
| Fixed assets | 21/28 | €364,453 | €322,443 | -€42,011 | -11.5% |
| Tangible fixed assets | 22/27 | €364,193 | €322,183 | -€42,011 | -11.5% |
| Land and buildings | 22 | €360,691 | €322,183 | -€38,508 | -10.7% |
| Furniture and vehicles | 24 | €3,502 | €0 | -€3,502 | -100% |
| Financial fixed assets | 28 | €260 | €260 | = | 0.0% |
| Current assets | 29/58 | €508,161 | €12,942 | -€495,220 | -97.5% |
| Amounts receivable within one year | 40/41 | €147,247 | €281 | -€146,966 | -99.8% |
| Trade receivables | 40 | €144,108 | €0 | -€144,108 | -100% |
| Other amounts receivable | 41 | €3,139 | €281 | -€2,858 | -91.0% |
| Cash at bank and in hand | 54/58 | €355,531 | €12,661 | -€342,870 | -96.4% |
| Deferred charges and accrued income | 490/1 | €5,383 | €0 | -€5,383 | -100% |
| Total equity and liabilities | 10/49 | €872,615 | €335,384 | -€537,230 | -61.6% |
| Equity | 10/15 | €184,463 | €109,345 | -€75,118 | -40.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €178,263 | €103,145 | -€75,118 | -42.1% |
| Distributable reserves | 133 | €178,263 | €103,145 | -€75,118 | -42.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €688,152 | €226,039 | -€462,112 | -67.2% |
| Amounts payable after more than one year | 17 | €224,700 | €204,710 | -€19,990 | -8.9% |
| Financial debts | 170/4 | €224,700 | €204,710 | -€19,990 | -8.9% |
| Amounts payable within one year | 42/48 | €463,452 | €21,330 | -€442,122 | -95.4% |
| Current portion of amounts payable after more than one year | 42 | €26,789 | €19,990 | -€6,799 | -25.4% |
| Trade debts | 44 | €26,712 | €559 | -€26,153 | -97.9% |
| Suppliers | 440/4 | €26,712 | €559 | -€26,153 | -97.9% |
| Advances received on contracts in progress | 46 | €50 | €0 | -€50 | -100% |
| Taxes, remuneration and social security | 45 | €59,068 | €0 | -€59,068 | -100% |
| Taxes | 450/3 | €50,887 | €0 | -€50,887 | -100% |
| Remuneration and social security | 454/9 | €8,181 | €0 | -€8,181 | -100% |
| Other amounts payable | 47/48 | €350,833 | €780 | -€350,053 | -99.8% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | - | €483 | +€483 | |
| Remuneration, social security and pensions | 62 | €73,689 | €43,184 | -€30,505 | -41.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,677 | €42,011 | -€16,667 | -28.4% |
| Other operating charges | 640/8 | €6,748 | €6,043 | -€705 | -10.4% |
| Gross operating margin | 9900 | €506,946 | €21,401 | -€485,545 | -95.8% |
| Operating profit (loss) | 9901 | €367,831 | -€69,836 | -€437,668 | |
| Financial income | 75/76B | €508 | €637 | +€129 | +25.5% |
| Recurring financial income | 75 | €508 | €637 | +€129 | +25.5% |
| Financial charges | 65/66B | €7,042 | €5,918 | -€1,124 | -16.0% |
| Recurring financial charges | 65 | €7,042 | €5,918 | -€1,124 | -16.0% |
| Profit (loss) for the period before taxes | 9903 | €361,297 | -€75,118 | -€436,415 | |
| Income taxes | 67/77 | €5,008 | €0 | -€5,008 | -100% |
| Profit (loss) for the period | 9904 | €356,289 | -€75,118 | -€431,407 | |
| Profit (loss) for the period to be appropriated | 9905 | €356,289 | -€75,118 | -€431,407 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.