TheMatchBox: 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.
TheMatchBox
Largest movements
- Cash -€36,271
down €36,271 (-28.6%), from €126,833 to €90,562
mainly Net result for the year (-€434,182) and Receivables within one year (-€11,348)
- Receivables within one year +€11,348
up €11,348 (+5.4%), from €210,704 to €222,052
of which Trade receivables: +€42,477
- Deferred charges and accrued income +€10,516
up €10,516 (+388%), from €2,713 to €13,229
- Profit (loss) carried forward -€434,182
down €434,182, from €186,242 to -€247,940
- Debts after one year +€200,913
new in 2025: €200,913
- Trade debts +€123,192
up €123,192 (+127%), from €96,675 to €219,868
- Accrued charges and deferred income +€63,977
new in 2025: €63,977
- Tax, wage and social debts +€28,957
up €28,957 (+129%), from €22,422 to €51,379
- Gross operating margin -€296,619
down €296,619, from €181,656 to -€114,962
- Staff costs +€108,083
up €108,083 (+53.0%), from €203,888 to €311,971
- Other operating charges -€17,230
down €17,230 (-97.1%), from €17,749 to €520
- Financial charges -€2,402
down €2,402 (-51.8%), from €4,634 to €2,232
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 | €346,557 | €329,414 | -€17,143 | -4.9% |
| Fixed assets | 21/28 | €6,306 | €3,570 | -€2,736 | -43.4% |
| Tangible fixed assets | 22/27 | €6,306 | €3,570 | -€2,736 | -43.4% |
| Plant, machinery and equipment | 23 | €5,156 | €3,023 | -€2,133 | -41.4% |
| Furniture and vehicles | 24 | €1,151 | €547 | -€603 | -52.4% |
| Current assets | 29/58 | €340,251 | €325,843 | -€14,408 | -4.2% |
| Amounts receivable within one year | 40/41 | €210,704 | €222,052 | +€11,348 | +5.4% |
| Trade receivables | 40 | €167,583 | €210,060 | +€42,477 | +25.3% |
| Other amounts receivable | 41 | €43,122 | €11,993 | -€31,129 | -72.2% |
| Cash at bank and in hand | 54/58 | €126,833 | €90,562 | -€36,271 | -28.6% |
| Deferred charges and accrued income | 490/1 | €2,713 | €13,229 | +€10,516 | +388% |
| Total equity and liabilities | 10/49 | €346,557 | €329,414 | -€17,143 | -4.9% |
| Equity | 10/15 | €226,702 | -€207,480 | -€434,182 | |
| Contributions | 10/11 | €40,460 | €40,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | €186,242 | -€247,940 | -€434,182 | |
| Amounts payable | 17/49 | €119,855 | €536,894 | +€417,039 | +348% |
| Amounts payable after more than one year | 17 | - | €200,913 | +€200,913 | |
| Financial debts | 170/4 | - | €200,913 | +€200,913 | |
| Amounts payable within one year | 42/48 | €119,855 | €272,004 | +€152,150 | +127% |
| Trade debts | 44 | €96,675 | €219,868 | +€123,192 | +127% |
| Suppliers | 440/4 | €96,675 | €219,868 | +€123,192 | +127% |
| Taxes, remuneration and social security | 45 | €22,422 | €51,379 | +€28,957 | +129% |
| Remuneration and social security | 454/9 | €22,422 | €51,379 | +€28,957 | +129% |
| Other amounts payable | 47/48 | €757 | €757 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €63,977 | +€63,977 | |
| Remuneration, social security and pensions | 62 | €203,888 | €311,971 | +€108,083 | +53.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,542 | €5,132 | -€1,410 | -21.6% |
| Other operating charges | 640/8 | €17,749 | €520 | -€17,230 | -97.1% |
| Gross operating margin | 9900 | €181,656 | -€114,962 | -€296,619 | |
| Operating profit (loss) | 9901 | -€46,523 | -€432,585 | -€386,062 | -830% |
| Financial income | 75/76B | €5 | €635 | +€629 | +11,808% |
| Recurring financial income | 75 | €5 | €635 | +€629 | +11,808% |
| Financial charges | 65/66B | €4,634 | €2,232 | -€2,402 | -51.8% |
| Recurring financial charges | 65 | €4,634 | €2,232 | -€2,402 | -51.8% |
| Profit (loss) for the period before taxes | 9903 | -€51,152 | -€434,182 | -€383,031 | -749% |
| Profit (loss) for the period | 9904 | -€51,152 | -€434,182 | -€383,031 | -749% |
| Profit (loss) for the period to be appropriated | 9905 | -€51,152 | -€434,182 | -€383,031 | -749% |
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 17 October 2026 via checked.be.