MATTHYS PROJECTEN: what changed
What changed
MATTHYS PROJECTEN
NACE 41.001, General construction of residential buildings
filed annual accounts (NBB)
Net result for the year
€1,796
2024 · -€52,804+€54,600
Equity
€938,877
2024 · €1.5m-€598,204
Cash
€340,795
2024 · €408,676-€67,881
Balance sheet total
€1.3m
2024 · €2.0m-€688,388
Largest movements
Assets
- Receivables within one year -€521,902
down €521,902 (-45.8%), from €1.1m to €617,688
of which Other amounts receivable: -€403,549
- Stocks and contracts -€109,248
down €109,248 (-28.3%), from €385,953 to €276,704
- Cash -€67,881
down €67,881 (-16.6%), from €408,676 to €340,795
mainly Contributions, distributions and other (-€600,000) and Trade debts (-€52,739)
Equity and liabilities
- Profit (loss) carried forward -€598,204
down €598,204 (-77.2%), from €774,864 to €176,661
- Trade debts -€52,739
down €52,739 (-15.8%), from €333,146 to €280,406
- Current portion of long-term debt -€34,818
down €34,818 (-100%), from €34,818 to €0
Income statement
- Staff costs -€335,781
down €335,781 (-23.8%), from €1.4m to €1.1m
- Gross operating margin -€115,778
down €115,778 (-8.2%), from €1.4m to €1.3m
- Financial income -€26,561
down €26,561 (-63.2%), from €42,009 to €15,449
- Other operating charges -€20,016
down €20,016 (-47.9%), from €41,759 to €21,743
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
-€52,804
Gross operating margin
-€115,778
Staff costs
+€335,781
Depreciation
+€1,902
Other operating charges
+€20,016
Other operating items
-€164,084
Financial income
-€26,561
Financial charges
+€13,863
Taxes
-€10,540
Result 2025
€1,796
raises the resultlowers the resultnot broken down further in the accounts
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
+€587,748
Investment
-€20,810
Financing
-€634,818
Cash 2024
€408,676
From operations (derived)
+€587,748
Net result for the year
+€1,796
Depreciation
+€18,781
Stocks and contracts
+€109,248
Receivables within one year
+€521,902
Deferred charges and accrued income
-€8,614
Trade debts
-€52,739
Tax, wage and social debts
+€17,160
Accrued charges and deferred income
-€19,787
Investment (derived)
-€20,810
Investment in fixed assets (net)
-€20,788
Current investments
-€22
Financing
-€634,818
Current portion of long-term debt
-€34,818
Contributions, distributions and other
-€600,000
Cash 2025
€340,795
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,008,255 | €1,319,867 | -€688,388 | -34.3% |
| Fixed assets | 21/28 | €56,513 | €58,520 | +€2,006 | +3.6% |
| Intangible fixed assets | 21 | €204 | €0 | -€204 | -100% |
| Tangible fixed assets | 22/27 | €52,024 | €54,788 | +€2,764 | +5.3% |
| Land and buildings | 22 | €2,075 | €1,167 | -€908 | -43.7% |
| Plant, machinery and equipment | 23 | €11,819 | €11,492 | -€328 | -2.8% |
| Furniture and vehicles | 24 | €31,632 | €37,607 | +€5,975 | +18.9% |
| Other tangible fixed assets | 26 | €6,497 | €4,522 | -€1,975 | -30.4% |
| Financial fixed assets | 28 | €4,285 | €3,731 | -€554 | -12.9% |
| Current assets | 29/58 | €1,951,742 | €1,261,348 | -€690,394 | -35.4% |
| Stocks and contracts in progress | 3 | €385,953 | €276,704 | -€109,248 | -28.3% |
| Stocks | 30/36 | €385,953 | €276,704 | -€109,248 | -28.3% |
| Amounts receivable within one year | 40/41 | €1,139,591 | €617,688 | -€521,902 | -45.8% |
| Trade receivables | 40 | €572,950 | €454,596 | -€118,353 | -20.7% |
| Other amounts receivable | 41 | €566,641 | €163,092 | -€403,549 | -71.2% |
| Current investments | 50/53 | €5,323 | €5,345 | +€22 | +0.4% |
| Cash at bank and in hand | 54/58 | €408,676 | €340,795 | -€67,881 | -16.6% |
| Deferred charges and accrued income | 490/1 | €12,201 | €20,815 | +€8,614 | +70.6% |
| Total equity and liabilities | 10/49 | €2,008,255 | €1,319,867 | -€688,388 | -34.3% |
| Equity | 10/15 | €1,537,080 | €938,877 | -€598,204 | -38.9% |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Reserves | 13 | €737,426 | €737,426 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,718 | €3,718 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,718 | €3,718 | = | 0.0% |
| Tax-exempt reserves | 132 | €53,708 | €53,708 | = | 0.0% |
| Distributable reserves | 133 | €680,000 | €680,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €774,864 | €176,661 | -€598,204 | -77.2% |
| Amounts payable | 17/49 | €471,175 | €380,991 | -€90,184 | -19.1% |
| Amounts payable within one year | 42/48 | €450,878 | €380,481 | -€70,397 | -15.6% |
| Current portion of amounts payable after more than one year | 42 | €34,818 | €0 | -€34,818 | -100% |
| Financial debts | 43 | €0 | €0 | = | |
| Credit institutions | 430/8 | €0 | €0 | = | |
| Trade debts | 44 | €333,146 | €280,406 | -€52,739 | -15.8% |
| Suppliers | 440/4 | €333,146 | €280,406 | -€52,739 | -15.8% |
| Taxes, remuneration and social security | 45 | €76,600 | €93,760 | +€17,160 | +22.4% |
| Taxes | 450/3 | €12,093 | €9,067 | -€3,026 | -25.0% |
| Remuneration and social security | 454/9 | €64,507 | €84,694 | +€20,186 | +31.3% |
| Other amounts payable | 47/48 | €6,314 | €6,314 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €20,297 | €510 | -€19,787 | -97.5% |
| Remuneration, social security and pensions | 62 | €1,408,273 | €1,072,492 | -€335,781 | -23.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,684 | €18,781 | -€1,902 | -9.2% |
| Other operating charges | 640/8 | €41,759 | €21,743 | -€20,016 | -47.9% |
| Non-recurring operating charges | 66A | - | €164,084 | +€164,084 | |
| Gross operating margin | 9900 | €1,411,590 | €1,295,812 | -€115,778 | -8.2% |
| Operating profit (loss) | 9901 | -€59,125 | €18,713 | +€77,838 | |
| Financial income | 75/76B | €42,009 | €15,449 | -€26,561 | -63.2% |
| Recurring financial income | 75 | €42,009 | €15,449 | -€26,561 | -63.2% |
| Financial charges | 65/66B | €37,554 | €23,691 | -€13,863 | -36.9% |
| Recurring financial charges | 65 | €37,554 | €23,691 | -€13,863 | -36.9% |
| Profit (loss) for the period before taxes | 9903 | -€54,670 | €10,470 | +€65,140 | |
| Income taxes | 67/77 | -€1,866 | €8,674 | +€10,540 | |
| Profit (loss) for the period | 9904 | -€52,804 | €1,796 | +€54,600 | |
| Profit (loss) for the period to be appropriated | 9905 | -€52,804 | €1,796 | +€54,600 |
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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.