Ta Mathemata: what changed
Two fiscal 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.
Ta Mathemata
Largest movements
- Cash -€27,848
down €27,848 (-75.5%), from €36,879 to €9,031
mainly Contributions, distributions and other (-€35,294) and Current investments (-€17,452)
- Current investments +€17,452
up €17,452 (+59.0%), from €29,556 to €47,008
- Receivables within one year +€17,060
up €17,060 (+99.5%), from €17,147 to €34,207
of which Trade receivables: +€18,672
- Tangible fixed assets -€1,942
down €1,942 (-50.5%), from €3,843 to €1,900
- Tax, wage and social debts -€6,681
down €6,681 (-25.4%), from €26,317 to €19,635
of which Taxes: -€6,635
- Profit (loss) carried forward +€6,365
up €6,365 (+25.5%), from €24,975 to €31,340
- Other debts +€3,595
up €3,595 (+11.2%), from €32,000 to €35,595
- Financial income +€3,656
up €3,656 (+455.3%), from €803 to €4,459
- Gross operating margin +€2,210
up €2,210 (+4.6%), from €48,578 to €50,788
- Taxes -€2,049
down €2,049 (-15.5%), from €13,259 to €11,210
- Depreciation +€639
up €639 (+49.0%), from €1,303 to €1,942
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €121,091 | €124,696 | +€3,606 | +3.0% |
| Fixed assets | 21/28 | €3,843 | €1,900 | -€1,942 | -50.5% |
| Tangible fixed assets | 22/27 | €3,843 | €1,900 | -€1,942 | -50.5% |
| Furniture and vehicles | 24 | €3,843 | €1,900 | -€1,942 | -50.5% |
| Current assets | 29/58 | €117,248 | €122,796 | +€5,548 | +4.7% |
| Amounts receivable after more than one year | 29 | €33,344 | €32,201 | -€1,143 | -3.4% |
| Other amounts receivable | 291 | €33,344 | €32,201 | -€1,143 | -3.4% |
| Amounts receivable within one year | 40/41 | €17,147 | €34,207 | +€17,060 | +99.5% |
| Trade receivables | 40 | €14,392 | €33,064 | +€18,672 | +129.7% |
| Other amounts receivable | 41 | €2,755 | €1,143 | -€1,613 | -58.5% |
| Current investments | 50/53 | €29,556 | €47,008 | +€17,452 | +59.0% |
| Cash at bank and in hand | 54/58 | €36,879 | €9,031 | -€27,848 | -75.5% |
| Deferred charges and accrued income | 490/1 | €321 | €349 | +€28 | +8.6% |
| Total equity and liabilities | 10/49 | €121,091 | €124,696 | +€3,606 | +3.0% |
| Equity | 10/15 | €62,553 | €68,918 | +€6,365 | +10.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €34,578 | €34,578 | = | 0.0% |
| Distributable reserves | 133 | €34,578 | €34,578 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,975 | €31,340 | +€6,365 | +25.5% |
| Amounts payable | 17/49 | €58,538 | €55,778 | -€2,760 | -4.7% |
| Amounts payable within one year | 42/48 | €58,538 | €55,778 | -€2,760 | -4.7% |
| Trade debts | 44 | €221 | €548 | +€327 | +147.6% |
| Suppliers | 440/4 | €221 | €548 | +€327 | +147.6% |
| Taxes, remuneration and social security | 45 | €26,317 | €19,635 | -€6,681 | -25.4% |
| Taxes | 450/3 | €26,270 | €19,635 | -€6,635 | -25.3% |
| Remuneration and social security | 454/9 | €46 | €0 | -€46 | -100.0% |
| Other amounts payable | 47/48 | €32,000 | €35,595 | +€3,595 | +11.2% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,303 | €1,942 | +€639 | +49.0% |
| Other operating charges | 640/8 | €0 | €227 | +€227 | |
| Gross operating margin | 9900 | €48,578 | €50,788 | +€2,210 | +4.6% |
| Operating profit (loss) | 9901 | €47,274 | €48,619 | +€1,344 | +2.8% |
| Financial income | 75/76B | €803 | €4,459 | +€3,656 | +455.3% |
| Recurring financial income | 75 | €803 | €4,459 | +€3,656 | +455.3% |
| Financial charges | 65/66B | €241 | €208 | -€33 | -13.5% |
| Recurring financial charges | 65 | €241 | €208 | -€33 | -13.5% |
| Profit (loss) for the period before taxes | 9903 | €47,837 | €52,869 | +€5,033 | +10.5% |
| Income taxes | 67/77 | €13,259 | €11,210 | -€2,049 | -15.5% |
| Profit (loss) for the period | 9904 | €34,578 | €41,659 | +€7,082 | +20.5% |
| Profit (loss) for the period to be appropriated | 9905 | €34,578 | €41,659 | +€7,082 | +20.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.