MATTIES: 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.
MATTIES
Largest movements
- Receivables within one year +€6,635
up €6,635 (+56.3%), from €11,794 to €18,429
of which Trade receivables: +€3,395
- Tangible fixed assets -€2,774
down €2,774 (-51.7%), from €5,363 to €2,589
of which Furniture and vehicles: -€2,107
- Deferred charges and accrued income -€1,015
down €1,015 (-28.0%), from €3,628 to €2,613
- Cash -€852
down €852 (-43.5%), from €1,958 to €1,106
mainly Receivables within one year (-€6,635) and Accrued charges and deferred income (-€48)
- Reserves +€1,473
up €1,473 (+10.5%), from €14,024 to €15,496
- Trade debts +€568
up €568 (+625.4%), from €91 to €659
- Gross operating margin -€25,634
down €25,634 (-69.8%), from €36,726 to €11,092
- Financial charges -€4,712
down €4,712 (-57.2%), from €8,245 to €3,533
- Taxes -€4,192
down €4,192 (-66.4%), from €6,311 to €2,119
- Other operating charges -€2,447
down €2,447 (-63.5%), from €3,852 to €1,405
- Depreciation -€1,520
down €1,520 (-35.4%), from €4,295 to €2,774
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 | €22,744 | €24,737 | +€1,993 | +8.8% |
| Fixed assets | 21/28 | €5,363 | €2,589 | -€2,774 | -51.7% |
| Tangible fixed assets | 22/27 | €5,363 | €2,589 | -€2,774 | -51.7% |
| Plant, machinery and equipment | 23 | €2,304 | €1,636 | -€667 | -29.0% |
| Furniture and vehicles | 24 | €3,060 | €953 | -€2,107 | -68.9% |
| Current assets | 29/58 | €17,381 | €22,148 | +€4,767 | +27.4% |
| Amounts receivable within one year | 40/41 | €11,794 | €18,429 | +€6,635 | +56.3% |
| Trade receivables | 40 | €5,528 | €8,924 | +€3,395 | +61.4% |
| Other amounts receivable | 41 | €6,266 | €9,505 | +€3,240 | +51.7% |
| Cash at bank and in hand | 54/58 | €1,958 | €1,106 | -€852 | -43.5% |
| Deferred charges and accrued income | 490/1 | €3,628 | €2,613 | -€1,015 | -28.0% |
| Total equity and liabilities | 10/49 | €22,744 | €24,737 | +€1,993 | +8.8% |
| Equity | 10/15 | €19,024 | €20,496 | +€1,473 | +7.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €14,024 | €15,496 | +€1,473 | +10.5% |
| Distributable reserves | 133 | €14,024 | €15,496 | +€1,473 | +10.5% |
| Amounts payable | 17/49 | €3,720 | €4,240 | +€520 | +14.0% |
| Amounts payable within one year | 42/48 | €3,402 | €3,970 | +€568 | +16.7% |
| Trade debts | 44 | €91 | €659 | +€568 | +625.4% |
| Suppliers | 440/4 | €91 | €659 | +€568 | +625.4% |
| Taxes, remuneration and social security | 45 | €3,311 | €3,311 | = | 0.0% |
| Taxes | 450/3 | €3,311 | €3,311 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €318 | €271 | -€48 | -14.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,295 | €2,774 | -€1,520 | -35.4% |
| Other operating charges | 640/8 | €3,852 | €1,405 | -€2,447 | -63.5% |
| Gross operating margin | 9900 | €36,726 | €11,092 | -€25,634 | -69.8% |
| Operating profit (loss) | 9901 | €28,580 | €6,913 | -€21,667 | -75.8% |
| Financial income | 75/76B | - | €211 | +€211 | |
| Recurring financial income | 75 | - | €211 | +€211 | |
| Financial charges | 65/66B | €8,245 | €3,533 | -€4,712 | -57.2% |
| Recurring financial charges | 65 | €8,245 | €3,533 | -€4,712 | -57.2% |
| Profit (loss) for the period before taxes | 9903 | €20,335 | €3,591 | -€16,743 | -82.3% |
| Income taxes | 67/77 | €6,311 | €2,119 | -€4,192 | -66.4% |
| Profit (loss) for the period | 9904 | €14,024 | €1,473 | -€12,551 | -89.5% |
| Profit (loss) for the period to be appropriated | 9905 | €14,024 | €1,473 | -€12,551 | -89.5% |
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.