MATI: what changed
What changed
MATI
NACE 71.121, Engineering and related technical consultancy, excluding land surveyors
filed annual accounts (NBB)
Net result for the year
€18,234
2024 · €18,954-€719
Equity
€41,188
2024 · €22,954+€18,234
Cash
€35,554
2024 · €29,323+€6,231
Balance sheet total
€65,401
2024 · €38,584+€26,817
Largest movements
Assets
- Tangible fixed assets +€19,608
new in 2025: €19,608
- Cash +€6,231
up €6,231 (+21.2%), from €29,323 to €35,554
mainly Net result for the year (+€18,234) and Current portion of long-term debt (+€4,985)
- Deferred charges and accrued income +€983
new in 2025: €983
Equity and liabilities
- Profit (loss) carried forward +€18,234
up €18,234 (+96.2%), from €18,954 to €37,188
- Current portion of long-term debt +€4,985
new in 2025: €4,985
- Debts after one year +€2,992
new in 2025: €2,992
- Trade debts -€1,530
down €1,530 (-41.4%), from €3,694 to €2,164
- Other debts +€1,391
up €1,391 (+115%), from €1,207 to €2,598
Income statement
- Gross operating margin +€4,429
up €4,429 (+17.8%), from €24,924 to €29,353
- Depreciation +€3,679
new in 2025: €3,679
- Other operating charges +€817
new in 2025: €817
- Taxes +€375
up €375 (+6.4%), from €5,908 to €6,283
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
€18,954
Gross operating margin
+€4,429
Depreciation
-€3,679
Other operating charges
-€817
Financial income
-€1
Financial charges
-€276
Taxes
-€375
Result 2025
€18,234
raises the resultlowers the result
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
+€21,542
Investment
-€23,287
Financing
+€7,976
Cash 2024
€29,323
From operations (derived)
+€21,542
Net result for the year
+€18,234
Depreciation
+€3,679
Receivables within one year
+€4
Deferred charges and accrued income
-€983
Trade debts
-€1,530
Tax, wage and social debts
+€745
Other debts
+€1,391
Investment (derived)
-€23,287
Investment in fixed assets (net)
-€23,287
Financing
+€7,976
Debts after one year
+€2,992
Current portion of long-term debt
+€4,985
Cash 2025
€35,554
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €38,584 | €65,401 | +€26,817 | +69.5% |
| Fixed assets | 21/28 | - | €19,608 | +€19,608 | |
| Tangible fixed assets | 22/27 | - | €19,608 | +€19,608 | |
| Furniture and vehicles | 24 | - | €19,608 | +€19,608 | |
| Current assets | 29/58 | €38,584 | €45,793 | +€7,209 | +18.7% |
| Amounts receivable within one year | 40/41 | €9,261 | €9,257 | -€4 | 0.0% |
| Trade receivables | 40 | €9,257 | €9,257 | = | 0.0% |
| Other amounts receivable | 41 | €4 | €0 | -€4 | -100% |
| Cash at bank and in hand | 54/58 | €29,323 | €35,554 | +€6,231 | +21.2% |
| Deferred charges and accrued income | 490/1 | - | €983 | +€983 | |
| Total equity and liabilities | 10/49 | €38,584 | €65,401 | +€26,817 | +69.5% |
| Equity | 10/15 | €22,954 | €41,188 | +€18,234 | +79.4% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,954 | €37,188 | +€18,234 | +96.2% |
| Amounts payable | 17/49 | €15,630 | €24,213 | +€8,583 | +54.9% |
| Amounts payable after more than one year | 17 | - | €2,992 | +€2,992 | |
| Financial debts | 170/4 | - | €2,992 | +€2,992 | |
| Amounts payable within one year | 42/48 | €15,630 | €21,221 | +€5,591 | +35.8% |
| Current portion of amounts payable after more than one year | 42 | - | €4,985 | +€4,985 | |
| Trade debts | 44 | €3,694 | €2,164 | -€1,530 | -41.4% |
| Suppliers | 440/4 | €3,694 | €2,164 | -€1,530 | -41.4% |
| Taxes, remuneration and social security | 45 | €10,729 | €11,474 | +€745 | +6.9% |
| Taxes | 450/3 | €10,729 | €11,474 | +€745 | +6.9% |
| Other amounts payable | 47/48 | €1,207 | €2,598 | +€1,391 | +115% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €3,679 | +€3,679 | |
| Other operating charges | 640/8 | - | €817 | +€817 | |
| Gross operating margin | 9900 | €24,924 | €29,353 | +€4,429 | +17.8% |
| Operating profit (loss) | 9901 | €24,924 | €24,856 | -€67 | -0.3% |
| Financial income | 75/76B | €3 | €2 | -€1 | -17.6% |
| Recurring financial income | 75 | €3 | €2 | -€1 | -17.6% |
| Financial charges | 65/66B | €65 | €341 | +€276 | +428% |
| Recurring financial charges | 65 | €65 | €341 | +€276 | +428% |
| Profit (loss) for the period before taxes | 9903 | €24,862 | €24,518 | -€344 | -1.4% |
| Income taxes | 67/77 | €5,908 | €6,283 | +€375 | +6.4% |
| Profit (loss) for the period | 9904 | €18,954 | €18,234 | -€719 | -3.8% |
| Profit (loss) for the period to be appropriated | 9905 | €18,954 | €18,234 | -€719 | -3.8% |
Next steps
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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 2 November 2026 via checked.be.