b metropool: 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.
b metropool
Largest movements
- Current investments -€600,000
no longer reported in 2025 (was €600,000)
- Tangible fixed assets -€269,469
down €269,469 (-57.9%), from €465,711 to €196,243
of which Land and buildings: -€264,175
- Cash +€141,785
up €141,785 (+24.7%), from €573,481 to €715,266
mainly Current investments (+€600,000) and Other debts (+€234,282)
- Deferred charges and accrued income +€125,233
up €125,233 (+173.3%), from €72,247 to €197,480
- Receivables within one year -€47,948
down €47,948 (-7.8%), from €617,118 to €569,170
of which Trade receivables: -€33,925
- Reserves -€988,842
down €988,842 (-66.7%), from €1.5m to €493,434
of which Distributable reserves: -€974,236
- Other debts +€234,282
up €234,282 (+213.0%), from €110,014 to €344,296
- Accrued charges and deferred income +€118,992
up €118,992 (+23.2%), from €512,969 to €631,961
- Trade debts +€46,170
up €46,170 (+39.2%), from €117,706 to €163,875
- Tax, wage and social debts -€40,531
down €40,531 (-41.3%), from €98,153 to €57,623
of which Taxes: -€41,098
- Staff costs +€115,196
up €115,196 (+38.6%), from €298,181 to €413,377
- Provisions +€47,813
up €47,813, from -€42,188 to €5,625
- Taxes -€44,673
down €44,673 (-60.4%), from €73,999 to €29,326
- Depreciation -€19,763
down €19,763 (-21.5%), from €91,826 to €72,062
- Financial charges +€11,112
up €11,112 (+94.5%), from €11,762 to €22,874
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 | €2,458,691 | €1,776,583 | -€682,109 | -27.7% |
| Fixed assets | 21/28 | €480,215 | €204,369 | -€275,846 | -57.4% |
| Intangible fixed assets | 21 | €412 | €159 | -€253 | -61.4% |
| Tangible fixed assets | 22/27 | €465,711 | €196,243 | -€269,469 | -57.9% |
| Land and buildings | 22 | €264,175 | - | -€264,175 | |
| Plant, machinery and equipment | 23 | - | €1,077 | +€1,077 | |
| Furniture and vehicles | 24 | €195,140 | €185,887 | -€9,254 | -4.7% |
| Other tangible fixed assets | 26 | €6,396 | €9,279 | +€2,883 | +45.1% |
| Financial fixed assets | 28 | €14,092 | €7,968 | -€6,124 | -43.5% |
| Current assets | 29/58 | €1,978,476 | €1,572,214 | -€406,263 | -20.5% |
| Stocks and contracts in progress | 3 | €115,630 | €90,298 | -€25,332 | -21.9% |
| Stocks | 30/36 | €115,630 | €90,298 | -€25,332 | -21.9% |
| Amounts receivable within one year | 40/41 | €617,118 | €569,170 | -€47,948 | -7.8% |
| Trade receivables | 40 | €595,430 | €561,505 | -€33,925 | -5.7% |
| Other amounts receivable | 41 | €21,688 | €7,665 | -€14,023 | -64.7% |
| Current investments | 50/53 | €600,000 | - | -€600,000 | |
| Cash at bank and in hand | 54/58 | €573,481 | €715,266 | +€141,785 | +24.7% |
| Deferred charges and accrued income | 490/1 | €72,247 | €197,480 | +€125,233 | +173.3% |
| Total equity and liabilities | 10/49 | €2,458,691 | €1,776,583 | -€682,109 | -27.7% |
| Equity | 10/15 | €1,544,250 | €520,727 | -€1.0m | -66.3% |
| Contributions | 10/11 | €61,973 | €27,293 | -€34,681 | -56.0% |
| Reserves | 13 | €1,482,276 | €493,434 | -€988,842 | -66.7% |
| Tax-exempt reserves | 132 | €26,100 | €11,494 | -€14,606 | -56.0% |
| Distributable reserves | 133 | €1,456,176 | €481,940 | -€974,236 | -66.9% |
| Provisions and deferred taxes | 16 | €23,063 | €28,688 | +€5,625 | +24.4% |
| Provisions for liabilities and charges | 160/5 | €23,063 | €28,688 | +€5,625 | +24.4% |
| Environmental obligations | 163 | €23,063 | €28,688 | +€5,625 | +24.4% |
| Amounts payable | 17/49 | €891,379 | €1,227,168 | +€335,789 | +37.7% |
| Amounts payable after more than one year | 17 | €35,734 | €21,595 | -€14,138 | -39.6% |
| Financial debts | 170/4 | €35,734 | €21,595 | -€14,138 | -39.6% |
| Amounts payable within one year | 42/48 | €342,676 | €573,611 | +€230,935 | +67.4% |
| Current portion of amounts payable after more than one year | 42 | €16,803 | €7,817 | -€8,986 | -53.5% |
| Trade debts | 44 | €117,706 | €163,875 | +€46,170 | +39.2% |
| Suppliers | 440/4 | €117,706 | €163,875 | +€46,170 | +39.2% |
| Taxes, remuneration and social security | 45 | €98,153 | €57,623 | -€40,531 | -41.3% |
| Taxes | 450/3 | €70,927 | €29,829 | -€41,098 | -57.9% |
| Remuneration and social security | 454/9 | €27,227 | €27,794 | +€567 | +2.1% |
| Other amounts payable | 47/48 | €110,014 | €344,296 | +€234,282 | +213.0% |
| Accrued charges and deferred income | 492/3 | €512,969 | €631,961 | +€118,992 | +23.2% |
| Non-recurring operating income | 76A | €56,218 | €3,550 | -€52,669 | -93.7% |
| Remuneration, social security and pensions | 62 | €298,181 | €413,377 | +€115,196 | +38.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €91,826 | €72,062 | -€19,763 | -21.5% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€42,188 | €5,625 | +€47,813 | |
| Other operating charges | 640/8 | €14,374 | €9,692 | -€4,682 | -32.6% |
| Non-recurring operating charges | 66A | €968 | €2,024 | +€1,056 | +109.1% |
| Gross operating margin | 9900 | €574,386 | €571,900 | -€2,486 | -0.4% |
| Operating profit (loss) | 9901 | €211,225 | €69,120 | -€142,105 | -67.3% |
| Financial income | 75/76B | €29,495 | €38,871 | +€9,376 | +31.8% |
| Recurring financial income | 75 | €29,495 | €38,871 | +€9,376 | +31.8% |
| Financial charges | 65/66B | €11,762 | €22,874 | +€11,112 | +94.5% |
| Recurring financial charges | 65 | €11,762 | €22,874 | +€11,112 | +94.5% |
| Profit (loss) for the period before taxes | 9903 | €228,958 | €85,117 | -€143,841 | -62.8% |
| Income taxes | 67/77 | €73,999 | €29,326 | -€44,673 | -60.4% |
| Profit (loss) for the period | 9904 | €154,959 | €55,791 | -€99,167 | -64.0% |
| Profit (loss) for the period to be appropriated | 9905 | €154,959 | €55,791 | -€99,167 | -64.0% |
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 9 October 2026 via checked.be.