MATVISION: 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.
MATVISION
Largest movements
- Cash +€92,941
up €92,941 (+540.9%), from €17,182 to €110,124
mainly Contributions, distributions and other (+€75,142) and Debts after one year (+€50,000)
- Receivables within one year +€51,633
up €51,633 (+2208.9%), from €2,338 to €53,970
of which Trade receivables: +€35,190
- Intangible fixed assets +€31,172
new in 2025: €31,172
- Tangible fixed assets +€2,397
new in 2025: €2,397
- Contributions +€75,142
up €75,142 (+751.4%), from €10,000 to €85,142
- Debts after one year +€50,000
new in 2025: €50,000
- Trade debts +€47,313
up €47,313 (+1148.0%), from €4,121 to €51,434
- Profit (loss) carried forward +€4,612
up €4,612 (+77.8%), from €5,930 to €10,542
- Depreciation +€2,121
new in 2025: €2,121
- Gross operating margin +€1,736
up €1,736 (+23.3%), from €7,446 to €9,182
- Staff costs +€1,618
new in 2025: €1,618
- Taxes -€780
down €780 (-51.8%), from €1,506 to €726
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 | €21,557 | €199,860 | +€178,303 | +827.1% |
| Fixed assets | 21/28 | - | €33,570 | +€33,570 | |
| Intangible fixed assets | 21 | - | €31,172 | +€31,172 | |
| Tangible fixed assets | 22/27 | - | €2,397 | +€2,397 | |
| Plant, machinery and equipment | 23 | - | €2,397 | +€2,397 | |
| Current assets | 29/58 | €21,557 | €166,291 | +€144,733 | +671.4% |
| Amounts receivable within one year | 40/41 | €2,338 | €53,970 | +€51,633 | +2208.9% |
| Trade receivables | 40 | €2,068 | €37,258 | +€35,190 | +1701.5% |
| Other amounts receivable | 41 | €269 | €16,712 | +€16,443 | +6105.3% |
| Cash at bank and in hand | 54/58 | €17,182 | €110,124 | +€92,941 | +540.9% |
| Deferred charges and accrued income | 490/1 | €2,037 | €2,197 | +€159 | +7.8% |
| Total equity and liabilities | 10/49 | €21,557 | €199,860 | +€178,303 | +827.1% |
| Equity | 10/15 | €15,930 | €95,684 | +€79,754 | +500.6% |
| Contributions | 10/11 | €10,000 | €85,142 | +€75,142 | +751.4% |
| Profit (loss) carried forward | 14 | €5,930 | €10,542 | +€4,612 | +77.8% |
| Amounts payable | 17/49 | €5,627 | €104,176 | +€98,549 | +1751.4% |
| Amounts payable after more than one year | 17 | - | €50,000 | +€50,000 | |
| Financial debts | 170/4 | - | €50,000 | +€50,000 | |
| Amounts payable within one year | 42/48 | €5,627 | €54,142 | +€48,515 | +862.2% |
| Trade debts | 44 | €4,121 | €51,434 | +€47,313 | +1148.0% |
| Suppliers | 440/4 | €4,121 | €51,434 | +€47,313 | +1148.0% |
| Taxes, remuneration and social security | 45 | €1,506 | €2,609 | +€1,103 | +73.2% |
| Taxes | 450/3 | €1,506 | €2,229 | +€723 | +48.0% |
| Remuneration and social security | 454/9 | - | €379 | +€379 | |
| Other amounts payable | 47/48 | - | €100 | +€100 | |
| Accrued charges and deferred income | 492/3 | - | €33 | +€33 | |
| Remuneration, social security and pensions | 62 | - | €1,618 | +€1,618 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €2,121 | +€2,121 | |
| Gross operating margin | 9900 | €7,446 | €9,182 | +€1,736 | +23.3% |
| Operating profit (loss) | 9901 | €7,446 | €5,443 | -€2,003 | -26.9% |
| Financial income | 75/76B | €21 | €17 | -€4 | -18.1% |
| Recurring financial income | 75 | €21 | €17 | -€4 | -18.1% |
| Financial charges | 65/66B | €31 | €122 | +€92 | +299.8% |
| Recurring financial charges | 65 | €31 | €122 | +€92 | +299.8% |
| Profit (loss) for the period before taxes | 9903 | €7,436 | €5,338 | -€2,098 | -28.2% |
| Income taxes | 67/77 | €1,506 | €726 | -€780 | -51.8% |
| Profit (loss) for the period | 9904 | €5,930 | €4,612 | -€1,318 | -22.2% |
| Profit (loss) for the period to be appropriated | 9905 | €5,930 | €4,612 | -€1,318 | -22.2% |
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.