ROEL MATTHYS: 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.
ROEL MATTHYS
Largest movements
- Cash +€61,150
up €61,150 (+1,230%), from €4,971 to €66,121
mainly Net result for the year (+€48,825) and Current investments (+€29,535)
- Current investments -€29,535
down €29,535 (-74.6%), from €39,583 to €10,048
- Tangible fixed assets +€5,112
up €5,112 (+13.7%), from €37,188 to €42,300
of which Plant, machinery and equipment: +€8,023
- Receivables within one year +€2,440
up €2,440 (+14.2%), from €17,243 to €19,683
of which Other amounts receivable: +€1,456
- Reserves +€48,825
up €48,825 (+75.3%), from €64,881 to €113,706
- Other debts -€7,308
down €7,308 (-100%), from €7,308 to €0
- Depreciation +€4,268
up €4,268 (+124%), from €3,444 to €7,711
- Gross operating margin -€3,452
down €3,452 (-4.6%), from €75,027 to €71,575
- Taxes -€1,230
down €1,230 (-8.1%), from €15,126 to €13,896
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 | €100,505 | €140,565 | +€40,061 | +39.9% |
| Fixed assets | 21/28 | €37,188 | €42,300 | +€5,112 | +13.7% |
| Tangible fixed assets | 22/27 | €37,188 | €42,300 | +€5,112 | +13.7% |
| Plant, machinery and equipment | 23 | €803 | €8,826 | +€8,023 | +999% |
| Furniture and vehicles | 24 | €11,344 | €11,677 | +€332 | +2.9% |
| Other tangible fixed assets | 26 | €25,041 | €21,798 | -€3,243 | -13.0% |
| Current assets | 29/58 | €63,317 | €98,265 | +€34,949 | +55.2% |
| Amounts receivable within one year | 40/41 | €17,243 | €19,683 | +€2,440 | +14.2% |
| Trade receivables | 40 | €17,243 | €18,227 | +€985 | +5.7% |
| Other amounts receivable | 41 | - | €1,456 | +€1,456 | |
| Current investments | 50/53 | €39,583 | €10,048 | -€29,535 | -74.6% |
| Cash at bank and in hand | 54/58 | €4,971 | €66,121 | +€61,150 | +1,230% |
| Deferred charges and accrued income | 490/1 | €1,520 | €2,413 | +€894 | +58.8% |
| Total equity and liabilities | 10/49 | €100,505 | €140,565 | +€40,061 | +39.9% |
| Equity | 10/15 | €66,381 | €115,206 | +€48,825 | +73.6% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €64,881 | €113,706 | +€48,825 | +75.3% |
| Distributable reserves | 133 | €64,881 | €113,706 | +€48,825 | +75.3% |
| Amounts payable | 17/49 | €34,123 | €25,359 | -€8,764 | -25.7% |
| Amounts payable within one year | 42/48 | €34,123 | €25,359 | -€8,764 | -25.7% |
| Financial debts | 43 | €19 | €46 | +€27 | +141% |
| Credit institutions | 430/8 | €19 | €46 | +€27 | +141% |
| Trade debts | 44 | €2,968 | €2,638 | -€331 | -11.1% |
| Suppliers | 440/4 | €2,968 | €2,638 | -€331 | -11.1% |
| Taxes, remuneration and social security | 45 | €23,828 | €22,676 | -€1,153 | -4.8% |
| Taxes | 450/3 | €23,828 | €22,676 | -€1,153 | -4.8% |
| Other amounts payable | 47/48 | €7,308 | €0 | -€7,308 | -100% |
| Remuneration, social security and pensions | 62 | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,444 | €7,711 | +€4,268 | +124% |
| Gross operating margin | 9900 | €75,027 | €71,575 | -€3,452 | -4.6% |
| Operating profit (loss) | 9901 | €71,584 | €63,864 | -€7,720 | -10.8% |
| Financial income | 75/76B | €24 | €223 | +€199 | +832% |
| Recurring financial income | 75 | €24 | €223 | +€199 | +832% |
| Financial charges | 65/66B | €1,725 | €1,367 | -€358 | -20.8% |
| Recurring financial charges | 65 | €1,725 | €1,367 | -€358 | -20.8% |
| Profit (loss) for the period before taxes | 9903 | €69,882 | €62,721 | -€7,162 | -10.2% |
| Income taxes | 67/77 | €15,126 | €13,896 | -€1,230 | -8.1% |
| Profit (loss) for the period | 9904 | €54,756 | €48,825 | -€5,932 | -10.8% |
| Profit (loss) for the period to be appropriated | 9905 | €54,756 | €48,825 | -€5,932 | -10.8% |
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 22 October 2026 via checked.be.