TEX - MATTIC: 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.
TEX - MATTIC
Largest movements
- Receivables within one year -€14,926
down €14,926 (-60.6%), from €24,647 to €9,721
- Cash +€11,436
up €11,436 (+153.5%), from €7,452 to €18,889
mainly Net result for the year (+€22,464) and Depreciation (+€15,966)
- Tangible fixed assets -€3,317
down €3,317 (-1.3%), from €254,982 to €251,665
of which Furniture and vehicles: -€6,806
- Debts after one year -€26,621
down €26,621 (-26.3%), from €101,282 to €74,661
- Reserves +€22,464
up €22,464 (+21.7%), from €103,603 to €126,067
of which Distributable reserves: +€14,964
- Trade debts -€7,058
down €7,058 (-60.7%), from €11,629 to €4,571
- Other debts -€6,305
down €6,305 (-59.2%), from €10,653 to €4,348
- Gross operating margin +€31,207
up €31,207 (+51.4%), from €60,689 to €91,895
- Financial income -€6,347
down €6,347 (-65.9%), from €9,630 to €3,283
- Staff costs +€6,312
up €6,312 (+17.7%), from €35,711 to €42,022
- Taxes +€1,083
up €1,083 (+14.7%), from €7,355 to €8,438
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 | €290,937 | €280,771 | -€10,166 | -3.5% |
| Fixed assets | 21/28 | €256,461 | €251,665 | -€4,796 | -1.9% |
| Tangible fixed assets | 22/27 | €254,982 | €251,665 | -€3,317 | -1.3% |
| Land and buildings | 22 | €246,399 | €249,887 | +€3,489 | +1.4% |
| Furniture and vehicles | 24 | €8,583 | €1,778 | -€6,806 | -79.3% |
| Financial fixed assets | 28 | €1,480 | - | -€1,480 | |
| Current assets | 29/58 | €34,475 | €29,106 | -€5,369 | -15.6% |
| Amounts receivable within one year | 40/41 | €24,647 | €9,721 | -€14,926 | -60.6% |
| Trade receivables | 40 | €24,647 | €9,721 | -€14,926 | -60.6% |
| Cash at bank and in hand | 54/58 | €7,452 | €18,889 | +€11,436 | +153.5% |
| Deferred charges and accrued income | 490/1 | €2,375 | €496 | -€1,880 | -79.1% |
| Total equity and liabilities | 10/49 | €290,937 | €280,771 | -€10,166 | -3.5% |
| Equity | 10/15 | €122,203 | €144,667 | +€22,464 | +18.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | - | -€18,600 | |
| Other | 1109/19 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €103,603 | €126,067 | +€22,464 | +21.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | - | €7,500 | +€7,500 | |
| Distributable reserves | 133 | €101,743 | €116,707 | +€14,964 | +14.7% |
| Provisions and deferred taxes | 16 | €8,186 | €10,686 | +€2,500 | +30.5% |
| Provisions for liabilities and charges | 160/5 | €8,186 | €8,186 | = | 0.0% |
| Pensions and similar obligations | 160 | €8,186 | €8,186 | = | 0.0% |
| Deferred taxes | 168 | - | €2,500 | +€2,500 | |
| Amounts payable | 17/49 | €160,548 | €125,418 | -€35,130 | -21.9% |
| Amounts payable after more than one year | 17 | €101,282 | €74,661 | -€26,621 | -26.3% |
| Financial debts | 170/4 | €101,282 | €74,661 | -€26,621 | -26.3% |
| Amounts payable within one year | 42/48 | €58,652 | €50,275 | -€8,377 | -14.3% |
| Current portion of amounts payable after more than one year | 42 | €22,981 | €25,072 | +€2,090 | +9.1% |
| Trade debts | 44 | €11,629 | €4,571 | -€7,058 | -60.7% |
| Suppliers | 440/4 | €11,629 | €4,571 | -€7,058 | -60.7% |
| Taxes, remuneration and social security | 45 | €13,389 | €16,285 | +€2,895 | +21.6% |
| Taxes | 450/3 | €10,790 | €12,192 | +€1,402 | +13.0% |
| Remuneration and social security | 454/9 | €2,599 | €4,093 | +€1,494 | +57.5% |
| Other amounts payable | 47/48 | €10,653 | €4,348 | -€6,305 | -59.2% |
| Accrued charges and deferred income | 492/3 | €614 | €482 | -€131 | -21.4% |
| Non-recurring operating income | 76A | - | €10,000 | +€10,000 | |
| Remuneration, social security and pensions | 62 | €35,711 | €42,022 | +€6,312 | +17.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,507 | €15,966 | -€541 | -3.3% |
| Other operating charges | 640/8 | €1,559 | €1,663 | +€104 | +6.7% |
| Non-recurring operating charges | 66A | €1,368 | - | -€1,368 | |
| Gross operating margin | 9900 | €60,689 | €91,895 | +€31,207 | +51.4% |
| Operating profit (loss) | 9901 | €5,544 | €32,244 | +€26,700 | +481.6% |
| Financial income | 75/76B | €9,630 | €3,283 | -€6,347 | -65.9% |
| Recurring financial income | 75 | €9,630 | €3,283 | -€6,347 | -65.9% |
| Financial charges | 65/66B | €2,187 | €2,126 | -€62 | -2.8% |
| Recurring financial charges | 65 | €2,187 | €2,126 | -€62 | -2.8% |
| Profit (loss) for the period before taxes | 9903 | €12,987 | €33,401 | +€20,415 | +157.2% |
| Transfer to deferred taxes | 680 | - | €2,500 | +€2,500 | |
| Income taxes | 67/77 | €7,355 | €8,438 | +€1,083 | +14.7% |
| Profit (loss) for the period | 9904 | €5,632 | €22,464 | +€16,832 | +298.9% |
| Transfer to tax-exempt reserves | 689 | - | €7,500 | +€7,500 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,632 | €14,964 | +€9,332 | +165.7% |
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.