MattiMar: what changed
Two financial 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.
MattiMar
Largest movements
- Tangible fixed assets +€247,320
up €247,320 (+3307.3%), from €7,478 to €254,798
of which Land and buildings: +€245,800
- Intangible fixed assets +€66,212
up €66,212 (+582.1%), from €11,375 to €77,587
- Cash -€12,278
down €12,278 (-30.9%), from €39,675 to €27,397
mainly Investment in fixed assets (net) (-€319,223) and Other debts (-€57,139)
- Debts after one year +€345,762
new in 2025: €345,762
- Other debts -€57,139
down €57,139 (-84.0%), from €68,048 to €10,908
- Current portion of long-term debt +€11,140
new in 2025: €11,140
- Staff costs -€3,323
down €3,323 (-94.2%), from €3,529 to €206
- Financial charges +€1,475
up €1,475 (+123.3%), from €1,196 to €2,671
- Depreciation +€1,183
up €1,183 (+26.3%), from €4,507 to €5,690
- Other operating charges +€731
up €731 (+31.9%), from €2,295 to €3,026
- Financial income +€209
new in 2025: €209
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 | €73,703 | €374,094 | +€300,391 | +407.6% |
| Fixed assets | 21/28 | €18,853 | €332,385 | +€313,532 | +1663.0% |
| Intangible fixed assets | 21 | €11,375 | €77,587 | +€66,212 | +582.1% |
| Tangible fixed assets | 22/27 | €7,478 | €254,798 | +€247,320 | +3307.3% |
| Land and buildings | 22 | €2,861 | €248,661 | +€245,800 | +8591.6% |
| Plant, machinery and equipment | 23 | €4,313 | €6,090 | +€1,777 | +41.2% |
| Furniture and vehicles | 24 | €304 | €47 | -€258 | -84.7% |
| Current assets | 29/58 | €54,850 | €41,709 | -€13,141 | -24.0% |
| Stocks and contracts in progress | 3 | €6,156 | €8,209 | +€2,053 | +33.3% |
| Stocks | 30/36 | €6,156 | €8,209 | +€2,053 | +33.3% |
| Amounts receivable within one year | 40/41 | €7,485 | €4,959 | -€2,526 | -33.8% |
| Trade receivables | 40 | €6,401 | €4,959 | -€1,442 | -22.5% |
| Other amounts receivable | 41 | €1,085 | €0 | -€1,085 | -100.0% |
| Cash at bank and in hand | 54/58 | €39,675 | €27,397 | -€12,278 | -30.9% |
| Deferred charges and accrued income | 490/1 | €1,533 | €1,144 | -€389 | -25.4% |
| Total equity and liabilities | 10/49 | €73,703 | €374,094 | +€300,391 | +407.6% |
| Equity | 10/15 | -€7,787 | -€6,613 | +€1,174 | +15.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,987 | -€12,813 | +€1,174 | +8.4% |
| Amounts payable | 17/49 | €81,490 | €380,708 | +€299,218 | +367.2% |
| Amounts payable after more than one year | 17 | - | €345,762 | +€345,762 | |
| Financial debts | 170/4 | - | €345,762 | +€345,762 | |
| Amounts payable within one year | 42/48 | €81,490 | €34,946 | -€46,544 | -57.1% |
| Current portion of amounts payable after more than one year | 42 | - | €11,140 | +€11,140 | |
| Trade debts | 44 | €10,339 | €7,732 | -€2,607 | -25.2% |
| Suppliers | 440/4 | €10,339 | €7,732 | -€2,607 | -25.2% |
| Taxes, remuneration and social security | 45 | €3,104 | €5,166 | +€2,062 | +66.4% |
| Taxes | 450/3 | €3,104 | €5,166 | +€2,062 | +66.4% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €68,048 | €10,908 | -€57,139 | -84.0% |
| Remuneration, social security and pensions | 62 | €3,529 | €206 | -€3,323 | -94.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,507 | €5,690 | +€1,183 | +26.3% |
| Other operating charges | 640/8 | €2,295 | €3,026 | +€731 | +31.9% |
| Gross operating margin | 9900 | €12,591 | €12,558 | -€33 | -0.3% |
| Operating profit (loss) | 9901 | €2,260 | €3,635 | +€1,375 | +60.8% |
| Financial income | 75/76B | - | €209 | +€209 | |
| Recurring financial income | 75 | - | €209 | +€209 | |
| Financial charges | 65/66B | €1,196 | €2,671 | +€1,475 | +123.3% |
| Recurring financial charges | 65 | €1,196 | €2,671 | +€1,475 | +123.3% |
| Profit (loss) for the period before taxes | 9903 | €1,064 | €1,174 | +€109 | +10.3% |
| Profit (loss) for the period | 9904 | €1,064 | €1,174 | +€109 | +10.3% |
| Profit (loss) for the period to be appropriated | 9905 | €1,064 | €1,174 | +€109 | +10.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.