Matuvu: 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.
Matuvu
Largest movements
- Current investments -€41,762
down €41,762 (-36.9%), from €113,056 to €71,294
- Tangible fixed assets +€17,991
up €17,991 (+503%), from €3,580 to €21,571
of which Furniture and vehicles: +€17,287
- Receivables within one year -€3,347
down €3,347 (-34.7%), from €9,653 to €6,306
of which Other amounts receivable: -€2,352
- Cash +€1,536
up €1,536 (+19.0%), from €8,072 to €9,608
mainly Current investments (+€41,762) and Net result for the year (+€8,718)
- Other debts -€27,012
down €27,012 (-98.8%), from €27,330 to €318
- Reserves +€8,700
up €8,700 (+24.6%), from €35,360 to €44,060
of which Distributable reserves: +€8,700
- Trade debts -€5,104
down €5,104 (-39.3%), from €12,980 to €7,876
- Tax, wage and social debts -€1,892
down €1,892 (-28.7%), from €6,591 to €4,699
of which Remuneration and social security: -€2,841
- Other operating charges -€42,377
down €42,377 (-62.8%), from €67,470 to €25,093
- Gross operating margin -€38,023
down €38,023 (-45.3%), from €83,879 to €45,857
- Taxes +€2,413
up €2,413 (+138%), from €1,746 to €4,159
- Staff costs -€960
down €960 (-40.0%), from €2,400 to €1,440
- Depreciation +€855
up €855 (+15.2%), from €5,628 to €6,483
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 | €134,518 | €109,007 | -€25,511 | -19.0% |
| Fixed assets | 21/28 | €3,580 | €21,571 | +€17,991 | +503% |
| Tangible fixed assets | 22/27 | €3,580 | €21,571 | +€17,991 | +503% |
| Land and buildings | 22 | €949 | €293 | -€656 | -69.1% |
| Plant, machinery and equipment | 23 | €625 | €1,985 | +€1,360 | +218% |
| Furniture and vehicles | 24 | €2,006 | €19,292 | +€17,287 | +862% |
| Current assets | 29/58 | €130,938 | €87,436 | -€43,502 | -33.2% |
| Amounts receivable within one year | 40/41 | €9,653 | €6,306 | -€3,347 | -34.7% |
| Trade receivables | 40 | €2,390 | €1,396 | -€995 | -41.6% |
| Other amounts receivable | 41 | €7,262 | €4,910 | -€2,352 | -32.4% |
| Current investments | 50/53 | €113,056 | €71,294 | -€41,762 | -36.9% |
| Cash at bank and in hand | 54/58 | €8,072 | €9,608 | +€1,536 | +19.0% |
| Deferred charges and accrued income | 490/1 | €158 | €228 | +€70 | +44.7% |
| Total equity and liabilities | 10/49 | €134,518 | €109,007 | -€25,511 | -19.0% |
| Equity | 10/15 | €86,415 | €95,133 | +€8,718 | +10.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €35,360 | €44,060 | +€8,700 | +24.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €33,500 | €42,200 | +€8,700 | +26.0% |
| Profit (loss) carried forward | 14 | €44,855 | €44,873 | +€18 | 0.0% |
| Amounts payable | 17/49 | €48,104 | €13,875 | -€34,229 | -71.2% |
| Amounts payable within one year | 42/48 | €48,104 | €13,875 | -€34,229 | -71.2% |
| Financial debts | 43 | €1,203 | €982 | -€221 | -18.4% |
| Credit institutions | 430/8 | €1,203 | €982 | -€221 | -18.4% |
| Trade debts | 44 | €12,980 | €7,876 | -€5,104 | -39.3% |
| Suppliers | 440/4 | €12,980 | €7,876 | -€5,104 | -39.3% |
| Taxes, remuneration and social security | 45 | €6,591 | €4,699 | -€1,892 | -28.7% |
| Taxes | 450/3 | €3,750 | €4,699 | +€950 | +25.3% |
| Remuneration and social security | 454/9 | €2,841 | €0 | -€2,841 | -100% |
| Other amounts payable | 47/48 | €27,330 | €318 | -€27,012 | -98.8% |
| Remuneration, social security and pensions | 62 | €2,400 | €1,440 | -€960 | -40.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,628 | €6,483 | +€855 | +15.2% |
| Other operating charges | 640/8 | €67,470 | €25,093 | -€42,377 | -62.8% |
| Gross operating margin | 9900 | €83,879 | €45,857 | -€38,023 | -45.3% |
| Operating profit (loss) | 9901 | €8,381 | €12,841 | +€4,460 | +53.2% |
| Financial income | 75/76B | €356 | €701 | +€345 | +96.8% |
| Recurring financial income | 75 | €356 | €701 | +€345 | +96.8% |
| Financial charges | 65/66B | €654 | €665 | +€10 | +1.6% |
| Recurring financial charges | 65 | €654 | €665 | +€10 | +1.6% |
| Profit (loss) for the period before taxes | 9903 | €8,083 | €12,877 | +€4,795 | +59.3% |
| Income taxes | 67/77 | €1,746 | €4,159 | +€2,413 | +138% |
| Profit (loss) for the period | 9904 | €6,336 | €8,718 | +€2,382 | +37.6% |
| Profit (loss) for the period to be appropriated | 9905 | €6,336 | €8,718 | +€2,382 | +37.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.