MatthisElle Retail: what changed
What changed
MatthisElle Retail
NACE 32.123, Manufacture of jewellery
filed annual accounts (NBB)
Net result for the year
€5,742
2024 · €2,080+€3,662
Equity
€19,923
2024 · €4,806+€15,117
Cash
€13,820
2024 · €8,325+€5,495
Balance sheet total
€64,720
2024 · €20,853+€43,866
Largest movements
Assets
- Tangible fixed assets +€28,388
new in 2025: €28,388
- Stocks and contracts +€8,125
up €8,125 (+114%), from €7,125 to €15,250
- Cash +€5,495
up €5,495 (+66.0%), from €8,325 to €13,820
mainly Debts after one year (+€19,740) and Contributions, distributions and other (+€9,375)
- Deferred charges and accrued income +€1,456
new in 2025: €1,456
Equity and liabilities
- Debts after one year +€19,740
new in 2025: €19,740
- Profit (loss) carried forward +€15,117
up €15,117 (+96.9%), from -€15,599 to -€482
- Other debts +€6,283
up €6,283 (+116%), from €5,396 to €11,679
- Current portion of long-term debt +€4,719
new in 2025: €4,719
- Trade debts -€2,866
down €2,866 (-44.7%), from €6,405 to €3,539
Income statement
- Gross operating margin +€5,243
up €5,243 (+156%), from €3,355 to €8,599
- Depreciation +€979
new in 2025: €979
- Financial charges +€715
up €715 (+107%), from €667 to €1,382
- Other operating charges -€125
down €125 (-18.6%), from €668 to €544
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.
Result 2024
€2,080
Gross operating margin
+€5,243
Depreciation
-€979
Other operating charges
+€125
Financial income
-€12
Financial charges
-€715
Result 2025
€5,742
raises the resultlowers the result
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.
From operations
+€1,028
Investment
-€29,366
Financing
+€33,833
Cash 2024
€8,325
From operations (derived)
+€1,028
Net result for the year
+€5,742
Depreciation
+€979
Stocks and contracts
-€8,125
Receivables within one year
-€403
Deferred charges and accrued income
-€1,456
Trade debts
-€2,866
Tax, wage and social debts
+€873
Other debts
+€6,283
Investment (derived)
-€29,366
Investment in fixed assets (net)
-€29,366
Financing
+€33,833
Debts after one year
+€19,740
Current portion of long-term debt
+€4,719
Contributions, distributions and other
+€9,375
Cash 2025
€13,820
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €20,853 | €64,720 | +€43,866 | +210% |
| Fixed assets | 21/28 | €4,500 | €32,888 | +€28,388 | +631% |
| Tangible fixed assets | 22/27 | - | €28,388 | +€28,388 | |
| Leasing and similar rights | 25 | - | €28,388 | +€28,388 | |
| Financial fixed assets | 28 | €4,500 | €4,500 | = | 0.0% |
| Current assets | 29/58 | €16,353 | €31,832 | +€15,479 | +94.7% |
| Stocks and contracts in progress | 3 | €7,125 | €15,250 | +€8,125 | +114% |
| Stocks | 30/36 | €7,125 | €15,250 | +€8,125 | +114% |
| Amounts receivable within one year | 40/41 | €904 | €1,307 | +€403 | +44.6% |
| Trade receivables | 40 | €904 | €1,307 | +€403 | +44.6% |
| Cash at bank and in hand | 54/58 | €8,325 | €13,820 | +€5,495 | +66.0% |
| Deferred charges and accrued income | 490/1 | - | €1,456 | +€1,456 | |
| Total equity and liabilities | 10/49 | €20,853 | €64,720 | +€43,866 | +210% |
| Equity | 10/15 | €4,806 | €19,923 | +€15,117 | +315% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,599 | -€482 | +€15,117 | +96.9% |
| Amounts payable | 17/49 | €16,047 | €44,797 | +€28,750 | +179% |
| Amounts payable after more than one year | 17 | - | €19,740 | +€19,740 | |
| Financial debts | 170/4 | - | €19,740 | +€19,740 | |
| Amounts payable within one year | 42/48 | €16,047 | €25,057 | +€9,010 | +56.1% |
| Current portion of amounts payable after more than one year | 42 | - | €4,719 | +€4,719 | |
| Trade debts | 44 | €6,405 | €3,539 | -€2,866 | -44.7% |
| Suppliers | 440/4 | €6,405 | €3,539 | -€2,866 | -44.7% |
| Taxes, remuneration and social security | 45 | €4,247 | €5,120 | +€873 | +20.6% |
| Taxes | 450/3 | €4,247 | €3,620 | -€627 | -14.8% |
| Remuneration and social security | 454/9 | - | €1,500 | +€1,500 | |
| Other amounts payable | 47/48 | €5,396 | €11,679 | +€6,283 | +116% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €979 | +€979 | |
| Other operating charges | 640/8 | €668 | €544 | -€125 | -18.6% |
| Gross operating margin | 9900 | €3,355 | €8,599 | +€5,243 | +156% |
| Operating profit (loss) | 9901 | €2,687 | €7,076 | +€4,389 | +163% |
| Financial income | 75/76B | €60 | €48 | -€12 | -20.3% |
| Recurring financial income | 75 | €60 | €48 | -€12 | -20.3% |
| Financial charges | 65/66B | €667 | €1,382 | +€715 | +107% |
| Recurring financial charges | 65 | €667 | €1,382 | +€715 | +107% |
| Profit (loss) for the period before taxes | 9903 | €2,080 | €5,742 | +€3,662 | +176% |
| Profit (loss) for the period | 9904 | €2,080 | €5,742 | +€3,662 | +176% |
| Profit (loss) for the period to be appropriated | 9905 | €2,080 | €5,742 | +€3,662 | +176% |
Next steps
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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 2 November 2026 via checked.be.