Studiebureau Matten: 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.
Studiebureau Matten
Largest movements
- Receivables within one year -€31,051
down €31,051 (-96.0%), from €32,333 to €1,283
of which Trade receivables: -€29,594
- Cash +€28,469
up €28,469 (+23.5%), from €121,149 to €149,618
mainly Receivables within one year (+€31,051) and Net result for the year (+€15,760)
- Trade debts -€9,957
down €9,957 (-98.4%), from €10,123 to €166
- Reserves +€6,429
up €6,429 (+12.0%), from €53,492 to €59,921
of which Distributable reserves: +€6,429
- Other debts +€3,358
up €3,358 (+8.3%), from €40,216 to €43,574
- Tax, wage and social debts -€3,344
down €3,344 (-39.6%), from €8,439 to €5,096
of which Taxes: -€3,490
- Gross operating margin -€2,624
down €2,624 (-8.5%), from €30,952 to €28,329
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 | €168,750 | €165,236 | -€3,514 | -2.1% |
| Fixed assets | 21/28 | €13,760 | €13,297 | -€463 | -3.4% |
| Tangible fixed assets | 22/27 | €13,760 | €13,297 | -€463 | -3.4% |
| Plant, machinery and equipment | 23 | €13,760 | €10,320 | -€3,440 | -25.0% |
| Furniture and vehicles | 24 | - | €2,977 | +€2,977 | |
| Current assets | 29/58 | €154,990 | €151,938 | -€3,051 | -2.0% |
| Amounts receivable within one year | 40/41 | €32,333 | €1,283 | -€31,051 | -96.0% |
| Trade receivables | 40 | €29,594 | - | -€29,594 | |
| Other amounts receivable | 41 | €2,739 | €1,283 | -€1,456 | -53.2% |
| Cash at bank and in hand | 54/58 | €121,149 | €149,618 | +€28,469 | +23.5% |
| Deferred charges and accrued income | 490/1 | €1,508 | €1,038 | -€470 | -31.2% |
| Total equity and liabilities | 10/49 | €168,750 | €165,236 | -€3,514 | -2.1% |
| Equity | 10/15 | €109,971 | €116,401 | +€6,429 | +5.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €53,492 | €59,921 | +€6,429 | +12.0% |
| Tax-exempt reserves | 132 | €82 | €82 | = | 0.0% |
| Distributable reserves | 133 | €53,410 | €59,839 | +€6,429 | +12.0% |
| Profit (loss) carried forward | 14 | €37,879 | €37,879 | = | 0.0% |
| Amounts payable | 17/49 | €58,778 | €48,835 | -€9,943 | -16.9% |
| Amounts payable within one year | 42/48 | €58,778 | €48,835 | -€9,943 | -16.9% |
| Trade debts | 44 | €10,123 | €166 | -€9,957 | -98.4% |
| Suppliers | 440/4 | €10,123 | €166 | -€9,957 | -98.4% |
| Taxes, remuneration and social security | 45 | €8,439 | €5,096 | -€3,344 | -39.6% |
| Taxes | 450/3 | €7,447 | €3,958 | -€3,490 | -46.9% |
| Remuneration and social security | 454/9 | €992 | €1,138 | +€146 | +14.7% |
| Other amounts payable | 47/48 | €40,216 | €43,574 | +€3,358 | +8.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,704 | €3,646 | -€58 | -1.6% |
| Other operating charges | 640/8 | €746 | €770 | +€24 | +3.2% |
| Gross operating margin | 9900 | €30,952 | €28,329 | -€2,624 | -8.5% |
| Operating profit (loss) | 9901 | €26,502 | €23,913 | -€2,590 | -9.8% |
| Financial income | 75/76B | €3 | - | -€3 | |
| Recurring financial income | 75 | €3 | - | -€3 | |
| Financial charges | 65/66B | €798 | €1,011 | +€213 | +26.7% |
| Recurring financial charges | 65 | €798 | €1,011 | +€213 | +26.7% |
| Profit (loss) for the period before taxes | 9903 | €25,707 | €22,901 | -€2,806 | -10.9% |
| Income taxes | 67/77 | €6,865 | €7,142 | +€276 | +4.0% |
| Profit (loss) for the period | 9904 | €18,842 | €15,760 | -€3,082 | -16.4% |
| Profit (loss) for the period to be appropriated | 9905 | €18,842 | €15,760 | -€3,082 | -16.4% |
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 13 October 2026 via checked.be.