MATTS: 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.
MATTS
Largest movements
- Current investments +€99,150
up €99,150 (+99.2%), from €100,000 to €199,150
- Cash -€14,128
down €14,128 (-10.7%), from €131,504 to €117,376
mainly Current investments (-€99,150) and Other debts (-€8,810)
- Reserves +€86,913
up €86,913 (+35.2%), from €246,874 to €333,787
- Other debts -€8,810
down €8,810 (-80.0%), from €11,011 to €2,201
- Tax, wage and social debts +€4,075
up €4,075 (+43.5%), from €9,363 to €13,438
of which Remuneration and social security: +€2,150
- Gross operating margin +€8,319
up €8,319 (+8.2%), from €101,832 to €110,150
- Taxes -€5,180
down €5,180 (-17.9%), from €28,874 to €23,694
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 | €268,191 | €349,874 | +€81,683 | +30.5% |
| Fixed assets | 21/28 | €8,971 | €7,887 | -€1,083 | -12.1% |
| Tangible fixed assets | 22/27 | €8,971 | €7,887 | -€1,083 | -12.1% |
| Furniture and vehicles | 24 | €8,971 | €7,887 | -€1,083 | -12.1% |
| Current assets | 29/58 | €259,221 | €341,987 | +€82,766 | +31.9% |
| Amounts receivable within one year | 40/41 | €27,716 | €25,461 | -€2,256 | -8.1% |
| Trade receivables | 40 | €18,150 | €18,150 | = | 0.0% |
| Other amounts receivable | 41 | €9,566 | €7,311 | -€2,256 | -23.6% |
| Current investments | 50/53 | €100,000 | €199,150 | +€99,150 | +99.2% |
| Cash at bank and in hand | 54/58 | €131,504 | €117,376 | -€14,128 | -10.7% |
| Total equity and liabilities | 10/49 | €268,191 | €349,874 | +€81,683 | +30.5% |
| Equity | 10/15 | €246,874 | €333,787 | +€86,913 | +35.2% |
| Reserves | 13 | €246,874 | €333,787 | +€86,913 | +35.2% |
| Distributable reserves | 133 | €246,874 | €333,787 | +€86,913 | +35.2% |
| Amounts payable | 17/49 | €21,317 | €16,087 | -€5,230 | -24.5% |
| Amounts payable within one year | 42/48 | €20,374 | €15,733 | -€4,641 | -22.8% |
| Trade debts | 44 | - | €94 | +€94 | |
| Suppliers | 440/4 | - | €94 | +€94 | |
| Taxes, remuneration and social security | 45 | €9,363 | €13,438 | +€4,075 | +43.5% |
| Taxes | 450/3 | €9,363 | €11,288 | +€1,925 | +20.6% |
| Remuneration and social security | 454/9 | - | €2,150 | +€2,150 | |
| Other amounts payable | 47/48 | €11,011 | €2,201 | -€8,810 | -80.0% |
| Accrued charges and deferred income | 492/3 | €943 | €354 | -€589 | -62.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,083 | €1,083 | = | 0.0% |
| Other operating charges | 640/8 | €449 | €462 | +€12 | +2.8% |
| Gross operating margin | 9900 | €101,832 | €110,150 | +€8,319 | +8.2% |
| Operating profit (loss) | 9901 | €100,299 | €108,606 | +€8,307 | +8.3% |
| Financial income | 75/76B | €3,350 | €3,350 | -€0 | 0.0% |
| Recurring financial income | 75 | €3,350 | €3,350 | -€0 | 0.0% |
| Financial charges | 65/66B | €1,089 | €1,349 | +€260 | +23.9% |
| Recurring financial charges | 65 | €1,089 | €1,349 | +€260 | +23.9% |
| Profit (loss) for the period before taxes | 9903 | €102,561 | €110,607 | +€8,046 | +7.8% |
| Income taxes | 67/77 | €28,874 | €23,694 | -€5,180 | -17.9% |
| Profit (loss) for the period | 9904 | €73,687 | €86,913 | +€13,226 | +17.9% |
| Profit (loss) for the period to be appropriated | 9905 | €73,687 | €86,913 | +€13,226 | +17.9% |
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 17 October 2026 via checked.be.