MATTMATT: 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.
MATTMATT
Largest movements
- Tangible fixed assets -€19,805
down €19,805 (-11.7%), from €169,497 to €149,692
- Receivables within one year +€14,631
up €14,631 (+10.0%), from €145,624 to €160,255
of which Trade receivables: +€26,395
- Cash -€8,313
down €8,313 (-4.0%), from €208,588 to €200,274
mainly Contributions, distributions and other (-€142,279) and Debts after one year (-€24,462)
- Other debts +€28,102
up €28,102 (+24.1%), from €116,678 to €144,779
- Debts after one year -€24,462
down €24,462 (-15.4%), from €158,664 to €134,203
- Short-term financial debts -€15,136
down €15,136 (-35.5%), from €42,649 to €27,513
- Gross operating margin +€40,417
up €40,417 (+8.0%), from €504,554 to €544,971
- Staff costs +€16,935
up €16,935 (+5.4%), from €314,646 to €331,581
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.
Derived cash bridge
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 | €582,298 | €574,138 | -€8,160 | -1.4% |
| Fixed assets | 21/28 | €169,504 | €149,692 | -€19,812 | -11.7% |
| Intangible fixed assets | 21 | €7 | €0 | -€7 | -100% |
| Tangible fixed assets | 22/27 | €169,497 | €149,692 | -€19,805 | -11.7% |
| Land and buildings | 22 | €137,119 | €129,082 | -€8,037 | -5.9% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €6,050 | €3,195 | -€2,855 | -47.2% |
| Leasing and similar rights | 25 | €26,328 | €17,415 | -€8,913 | -33.9% |
| Current assets | 29/58 | €412,794 | €424,446 | +€11,651 | +2.8% |
| Stocks and contracts in progress | 3 | €55,104 | €59,146 | +€4,043 | +7.3% |
| Stocks | 30/36 | €55,104 | €59,146 | +€4,043 | +7.3% |
| Amounts receivable within one year | 40/41 | €145,624 | €160,255 | +€14,631 | +10.0% |
| Trade receivables | 40 | €94,926 | €121,321 | +€26,395 | +27.8% |
| Other amounts receivable | 41 | €50,697 | €38,933 | -€11,764 | -23.2% |
| Cash at bank and in hand | 54/58 | €208,588 | €200,274 | -€8,313 | -4.0% |
| Deferred charges and accrued income | 490/1 | €3,479 | €4,770 | +€1,291 | +37.1% |
| Total equity and liabilities | 10/49 | €582,298 | €574,138 | -€8,160 | -1.4% |
| Equity | 10/15 | €112,504 | €115,964 | +€3,459 | +3.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €93,904 | €97,364 | +€3,459 | +3.7% |
| Distributable reserves | 133 | €93,904 | €97,364 | +€3,459 | +3.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €469,794 | €458,174 | -€11,620 | -2.5% |
| Amounts payable after more than one year | 17 | €158,664 | €134,203 | -€24,462 | -15.4% |
| Financial debts | 170/4 | €158,664 | €134,203 | -€24,462 | -15.4% |
| Amounts payable within one year | 42/48 | €311,130 | €323,972 | +€12,842 | +4.1% |
| Current portion of amounts payable after more than one year | 42 | €27,043 | €24,904 | -€2,139 | -7.9% |
| Financial debts | 43 | €42,649 | €27,513 | -€15,136 | -35.5% |
| Credit institutions | 430/8 | €42,649 | €27,513 | -€15,136 | -35.5% |
| Trade debts | 44 | €82,659 | €79,417 | -€3,242 | -3.9% |
| Suppliers | 440/4 | €82,659 | €79,417 | -€3,242 | -3.9% |
| Taxes, remuneration and social security | 45 | €42,100 | €47,358 | +€5,258 | +12.5% |
| Taxes | 450/3 | €1,359 | €1,209 | -€151 | -11.1% |
| Remuneration and social security | 454/9 | €40,741 | €46,149 | +€5,408 | +13.3% |
| Other amounts payable | 47/48 | €116,678 | €144,779 | +€28,102 | +24.1% |
| Non-recurring operating income | 76A | €1,728 | €0 | -€1,728 | -100% |
| Remuneration, social security and pensions | 62 | €314,646 | €331,581 | +€16,935 | +5.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,002 | €19,812 | -€190 | -1.0% |
| Other operating charges | 640/8 | €6,947 | €4,274 | -€2,674 | -38.5% |
| Gross operating margin | 9900 | €504,554 | €544,971 | +€40,417 | +8.0% |
| Operating profit (loss) | 9901 | €162,958 | €189,305 | +€26,346 | +16.2% |
| Financial income | 75/76B | €1,200 | €3,433 | +€2,232 | +186% |
| Recurring financial income | 75 | €1,200 | €3,433 | +€2,232 | +186% |
| Financial charges | 65/66B | €5,673 | €5,176 | -€497 | -8.8% |
| Recurring financial charges | 65 | €5,673 | €5,176 | -€497 | -8.8% |
| Profit (loss) for the period before taxes | 9903 | €158,486 | €187,562 | +€29,076 | +18.3% |
| Income taxes | 67/77 | €36,835 | €41,823 | +€4,988 | +13.5% |
| Profit (loss) for the period | 9904 | €121,651 | €145,739 | +€24,088 | +19.8% |
| Profit (loss) for the period to be appropriated | 9905 | €121,651 | €145,739 | +€24,088 | +19.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.