MATIMO: what changed
What changed
MATIMO
NACE 93.199, Other sports activities
filed annual accounts (NBB)
Net result for the year
-€1.4m
2024 · -€1.9m+€560,526
Equity
-€3.3m
2024 · -€1.9m-€1.4m
Cash
€58
2024 · €245-€187
Balance sheet total
€715,791
2024 · €621,262+€94,529
Largest movements
Assets
- Receivables within one year +€207,363
up €207,363 (+58.5%), from €354,756 to €562,118
of which Other amounts receivable: +€132,452
- Stocks and contracts -€70,000
down €70,000 (-58.3%), from €120,000 to €50,000
- Tangible fixed assets -€42,654
down €42,654 (-29.5%), from €144,794 to €102,139
of which Furniture and vehicles: -€40,314
Equity and liabilities
- Other debts +€1.5m
up €1.5m (+77.3%), from €2.0m to €3.5m
- Profit (loss) carried forward -€1.4m
down €1.4m (-71.1%), from -€1.9m to -€3.3m
- Trade debts -€57,859
down €57,859 (-10.1%), from €572,263 to €514,404
Income statement
- Gross operating margin +€540,797
up €540,797 (+28.8%), from -€1.9m to -€1.3m
- Depreciation -€19,089
down €19,089 (-32.3%), from €59,130 to €40,041
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€1.9m
Gross operating margin
+€540,797
Depreciation
+€19,089
Other operating charges
+€3,752
Other operating items
-€2,614
Financial income
+€0
Financial charges
-€498
Result 2025
-€1.4m
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€2,801
Investment
+€2,614
Financing
€0
Cash 2024
€245
From operations (derived)
-€2,801
Net result for the year
-€1.4m
Depreciation
+€40,041
Stocks and contracts
+€70,000
Receivables within one year
-€207,363
Smaller working-capital items
+€1,493
Trade debts
-€57,859
Other debts
+€1.5m
Investment (derived)
+€2,614
Investment in fixed assets (net)
+€2,614
Cash 2025
€58
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €621,262 | €715,791 | +€94,529 | +15.2% |
| Fixed assets | 21/28 | €144,794 | €102,139 | -€42,654 | -29.5% |
| Tangible fixed assets | 22/27 | €144,794 | €102,139 | -€42,654 | -29.5% |
| Plant, machinery and equipment | 23 | €7,450 | €5,110 | -€2,340 | -31.4% |
| Furniture and vehicles | 24 | €137,344 | €97,030 | -€40,314 | -29.4% |
| Current assets | 29/58 | €476,469 | €613,652 | +€137,183 | +28.8% |
| Stocks and contracts in progress | 3 | €120,000 | €50,000 | -€70,000 | -58.3% |
| Stocks | 30/36 | €120,000 | €50,000 | -€70,000 | -58.3% |
| Amounts receivable within one year | 40/41 | €354,756 | €562,118 | +€207,363 | +58.5% |
| Trade receivables | 40 | €6,089 | €81,000 | +€74,911 | +1,230% |
| Other amounts receivable | 41 | €348,666 | €481,118 | +€132,452 | +38.0% |
| Cash at bank and in hand | 54/58 | €245 | €58 | -€187 | -76.2% |
| Deferred charges and accrued income | 490/1 | €1,468 | €1,475 | +€7 | +0.5% |
| Total equity and liabilities | 10/49 | €621,262 | €715,791 | +€94,529 | +15.2% |
| Equity | 10/15 | -€1,930,904 | -€3,311,281 | -€1.4m | -71.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,940,904 | -€3,321,281 | -€1.4m | -71.1% |
| Amounts payable | 17/49 | €2,552,166 | €4,027,072 | +€1.5m | +57.8% |
| Amounts payable within one year | 42/48 | €2,552,166 | €4,027,072 | +€1.5m | +57.8% |
| Trade debts | 44 | €572,263 | €514,404 | -€57,859 | -10.1% |
| Suppliers | 440/4 | €572,263 | €514,404 | -€57,859 | -10.1% |
| Advances received on contracts in progress | 46 | - | €1,500 | +€1,500 | |
| Other amounts payable | 47/48 | €1,979,903 | €3,511,168 | +€1.5m | +77.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,130 | €40,041 | -€19,089 | -32.3% |
| Other operating charges | 640/8 | €4,241 | €488 | -€3,752 | -88.5% |
| Non-recurring operating charges | 66A | - | €2,614 | +€2,614 | |
| Gross operating margin | 9900 | -€1,876,827 | -€1,336,030 | +€540,797 | +28.8% |
| Operating profit (loss) | 9901 | -€1,940,197 | -€1,379,173 | +€561,024 | +28.9% |
| Financial income | 75/76B | €0 | €0 | +€0 | +66.7% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +66.7% |
| Financial charges | 65/66B | €706 | €1,204 | +€498 | +70.5% |
| Recurring financial charges | 65 | €706 | €1,204 | +€498 | +70.5% |
| Profit (loss) for the period before taxes | 9903 | -€1,940,904 | -€1,380,377 | +€560,526 | +28.9% |
| Profit (loss) for the period | 9904 | -€1,940,904 | -€1,380,377 | +€560,526 | +28.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,940,904 | -€1,380,377 | +€560,526 | +28.9% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.