MATTHYMED: what changed
Two fiscal 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.
MATTHYMED
Largest movements
- Receivables within one year +€17,793
up €17,793 (+161.1%), from €11,045 to €28,838
of which Other amounts receivable: +€17,209
- Tangible fixed assets -€9,969
down €9,969 (-37.1%), from €26,845 to €16,876
- Intangible fixed assets -€4,562
down €4,562 (-3.5%), from €131,875 to €127,313
- Profit (loss) carried forward +€12,067
up €12,067 (+56.9%), from €21,203 to €33,270
- Debts after one year -€9,952
down €9,952 (-7.5%), from €132,121 to €122,169
- Current portion of long-term debt +€9,952
new in 2025: €9,952
- Short-term financial debts -€9,605
no longer reported in 2025 (was €9,605)
- Other debts -€6,767
down €6,767 (-46.7%), from €14,488 to €7,721
- Depreciation +€5,614
up €5,614 (+55.0%), from €10,217 to €15,831
- Gross operating margin -€1,531
down €1,531 (-3.6%), from €42,112 to €40,581
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.
Cash bridge derived
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 | €186,583 | €189,457 | +€2,874 | +1.5% |
| Fixed assets | 21/28 | €168,721 | €154,190 | -€14,531 | -8.6% |
| Intangible fixed assets | 21 | €131,875 | €127,313 | -€4,562 | -3.5% |
| Tangible fixed assets | 22/27 | €26,845 | €16,876 | -€9,969 | -37.1% |
| Furniture and vehicles | 24 | €26,845 | €16,876 | -€9,969 | -37.1% |
| Financial fixed assets | 28 | €10,000 | €10,000 | = | 0.0% |
| Current assets | 29/58 | €17,862 | €35,267 | +€17,405 | +97.4% |
| Amounts receivable within one year | 40/41 | €11,045 | €28,838 | +€17,793 | +161.1% |
| Trade receivables | 40 | €10,254 | €10,838 | +€584 | +5.7% |
| Other amounts receivable | 41 | €791 | €18,000 | +€17,209 | +2174.6% |
| Cash at bank and in hand | 54/58 | €4,951 | €4,336 | -€615 | -12.4% |
| Deferred charges and accrued income | 490/1 | €1,866 | €2,093 | +€227 | +12.2% |
| Total equity and liabilities | 10/49 | €186,583 | €189,457 | +€2,874 | +1.5% |
| Equity | 10/15 | €23,203 | €35,270 | +€12,067 | +52.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,203 | €33,270 | +€12,067 | +56.9% |
| Amounts payable | 17/49 | €163,380 | €154,187 | -€9,193 | -5.6% |
| Amounts payable after more than one year | 17 | €132,121 | €122,169 | -€9,952 | -7.5% |
| Financial debts | 170/4 | €132,121 | €122,169 | -€9,952 | -7.5% |
| Amounts payable within one year | 42/48 | €31,260 | €32,019 | +€759 | +2.4% |
| Current portion of amounts payable after more than one year | 42 | - | €9,952 | +€9,952 | |
| Financial debts | 43 | €9,605 | - | -€9,605 | |
| Credit institutions | 430/8 | €9,605 | - | -€9,605 | |
| Trade debts | 44 | €318 | €1,746 | +€1,427 | +448.3% |
| Suppliers | 440/4 | €318 | €1,746 | +€1,427 | +448.3% |
| Taxes, remuneration and social security | 45 | €6,849 | €12,600 | +€5,751 | +84.0% |
| Taxes | 450/3 | €6,849 | €12,600 | +€5,751 | +84.0% |
| Other amounts payable | 47/48 | €14,488 | €7,721 | -€6,767 | -46.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,217 | €15,831 | +€5,614 | +55.0% |
| Other operating charges | 640/8 | €1,641 | €1,775 | +€134 | +8.2% |
| Gross operating margin | 9900 | €42,112 | €40,581 | -€1,531 | -3.6% |
| Operating profit (loss) | 9901 | €30,255 | €22,976 | -€7,279 | -24.1% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €5,583 | €5,482 | -€101 | -1.8% |
| Recurring financial charges | 65 | €5,583 | €5,482 | -€101 | -1.8% |
| Profit (loss) for the period before taxes | 9903 | €24,672 | €17,494 | -€7,178 | -29.1% |
| Income taxes | 67/77 | €5,424 | €5,427 | +€3 | +0.1% |
| Profit (loss) for the period | 9904 | €19,248 | €12,067 | -€7,181 | -37.3% |
| Profit (loss) for the period to be appropriated | 9905 | €19,248 | €12,067 | -€7,181 | -37.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.