Matua: 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.
Matua
Largest movements
- Receivables after one year -€300,000
no longer reported in 2025 (was €300,000)
- Cash +€211,674
up €211,674 (+5,701%), from €3,713 to €215,386
mainly Receivables after one year (+€300,000) and Receivables within one year (+€159,686)
- Receivables within one year -€159,686
down €159,686 (-15.9%), from €1.0m to €846,481
of which Other amounts receivable: -€215,186
- Other debts -€285,193
down €285,193 (-64.4%), from €442,895 to €157,702
- Reserves +€65,210
up €65,210 (+6.8%), from €958,212 to €1.0m
- Financial income -€736,735
down €736,735 (-100.0%), from €737,102 to €367
- Taxes -€62,218
down €62,218 (-61.1%), from €101,831 to €39,613
- Gross operating margin +€12,965
up €12,965 (+10.5%), from €123,197 to €136,162
- Depreciation +€1,580
up €1,580 (+6.3%), from €25,260 to €26,840
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 | €5,718,047 | €5,447,757 | -€270,289 | -4.7% |
| Fixed assets | 21/28 | €4,403,165 | €4,383,583 | -€19,582 | -0.4% |
| Tangible fixed assets | 22/27 | €301,165 | €281,583 | -€19,582 | -6.5% |
| Land and buildings | 22 | €268,318 | €258,618 | -€9,699 | -3.6% |
| Furniture and vehicles | 24 | €27,735 | €18,649 | -€9,086 | -32.8% |
| Other tangible fixed assets | 26 | €5,112 | €4,316 | -€796 | -15.6% |
| Financial fixed assets | 28 | €4,102,000 | €4,102,000 | = | 0.0% |
| Current assets | 29/58 | €1,314,882 | €1,064,174 | -€250,708 | -19.1% |
| Amounts receivable after more than one year | 29 | €300,000 | - | -€300,000 | |
| Other amounts receivable | 291 | €300,000 | - | -€300,000 | |
| Amounts receivable within one year | 40/41 | €1,006,167 | €846,481 | -€159,686 | -15.9% |
| Trade receivables | 40 | €18,000 | €73,500 | +€55,500 | +308% |
| Other amounts receivable | 41 | €988,167 | €772,981 | -€215,186 | -21.8% |
| Cash at bank and in hand | 54/58 | €3,713 | €215,386 | +€211,674 | +5,701% |
| Deferred charges and accrued income | 490/1 | €5,002 | €2,307 | -€2,696 | -53.9% |
| Total equity and liabilities | 10/49 | €5,718,047 | €5,447,757 | -€270,289 | -4.7% |
| Equity | 10/15 | €5,089,212 | €5,154,422 | +€65,210 | +1.3% |
| Contributions | 10/11 | €4,131,000 | €4,131,000 | = | 0.0% |
| Reserves | 13 | €958,212 | €1,023,422 | +€65,210 | +6.8% |
| Distributable reserves | 133 | €958,212 | €1,023,422 | +€65,210 | +6.8% |
| Amounts payable | 17/49 | €628,835 | €293,335 | -€335,500 | -53.4% |
| Amounts payable after more than one year | 17 | €83,114 | €42,239 | -€40,875 | -49.2% |
| Financial debts | 170/4 | €83,114 | €42,239 | -€40,875 | -49.2% |
| Amounts payable within one year | 42/48 | €542,300 | €248,271 | -€294,028 | -54.2% |
| Current portion of amounts payable after more than one year | 42 | €40,345 | €40,875 | +€530 | +1.3% |
| Trade debts | 44 | €30,256 | €15,299 | -€14,956 | -49.4% |
| Suppliers | 440/4 | €30,256 | €15,299 | -€14,956 | -49.4% |
| Taxes, remuneration and social security | 45 | €28,804 | €34,394 | +€5,590 | +19.4% |
| Taxes | 450/3 | €28,804 | €34,394 | +€5,590 | +19.4% |
| Other amounts payable | 47/48 | €442,895 | €157,702 | -€285,193 | -64.4% |
| Accrued charges and deferred income | 492/3 | €3,421 | €2,824 | -€596 | -17.4% |
| Non-recurring operating income | 76A | €495 | €207 | -€288 | -58.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,260 | €26,840 | +€1,580 | +6.3% |
| Other operating charges | 640/8 | €3,207 | €3,280 | +€74 | +2.3% |
| Gross operating margin | 9900 | €123,197 | €136,162 | +€12,965 | +10.5% |
| Operating profit (loss) | 9901 | €94,730 | €106,041 | +€11,311 | +11.9% |
| Financial income | 75/76B | €737,102 | €367 | -€736,735 | -100.0% |
| Recurring financial income | 75 | €737,102 | €367 | -€736,735 | -100.0% |
| Financial charges | 65/66B | €2,143 | €1,584 | -€559 | -26.1% |
| Recurring financial charges | 65 | €2,143 | €1,584 | -€559 | -26.1% |
| Profit (loss) for the period before taxes | 9903 | €829,689 | €104,823 | -€724,866 | -87.4% |
| Income taxes | 67/77 | €101,831 | €39,613 | -€62,218 | -61.1% |
| Profit (loss) for the period | 9904 | €727,858 | €65,210 | -€662,648 | -91.0% |
| Profit (loss) for the period to be appropriated | 9905 | €727,858 | €65,210 | -€662,648 | -91.0% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.