C-Metropol: 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.
C-Metropol
Largest movements
- Stocks and contracts +€193,147
up €193,147 (+164%), from €117,862 to €311,010
- Current investments +€137,999
new in 2025: €137,999
- Cash -€64,938
down €64,938 (-24.1%), from €269,829 to €204,891
mainly Stocks and contracts (-€193,147) and Current investments (-€137,999)
- Receivables within one year +€42,154
up €42,154 (+34.6%), from €121,998 to €164,153
of which Trade receivables: +€34,819
- Deferred charges and accrued income -€21,991
down €21,991 (-15.8%), from €139,061 to €117,070
- Reserves +€128,281
up €128,281 (+17.8%), from €719,431 to €847,711
of which Distributable reserves: +€128,281
- Trade debts +€89,714
up €89,714 (+61.4%), from €146,224 to €235,938
- Tax, wage and social debts +€37,512
up €37,512 (+40.1%), from €93,450 to €130,962
of which Taxes: +€30,055
- Accrued charges and deferred income +€33,525
up €33,525 (+710%), from €4,725 to €38,250
- Debts after one year -€13,619
down €13,619 (-18.1%), from €75,406 to €61,787
- Gross operating margin +€130,807
up €130,807 (+45.2%), from €289,521 to €420,328
- Taxes +€37,680
up €37,680 (+48.1%), from €78,364 to €116,045
- Staff costs +€20,814
up €20,814 (+89.6%), from €23,233 to €44,047
- Other operating charges -€14,139
down €14,139 (-87.9%), from €16,078 to €1,939
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 | €1,058,508 | €1,334,468 | +€275,960 | +26.1% |
| Fixed assets | 21/28 | €409,757 | €399,346 | -€10,411 | -2.5% |
| Intangible fixed assets | 21 | - | €9,239 | +€9,239 | |
| Tangible fixed assets | 22/27 | €409,757 | €390,107 | -€19,651 | -4.8% |
| Land and buildings | 22 | €230,606 | €298,623 | +€68,017 | +29.5% |
| Plant, machinery and equipment | 23 | €13,813 | €15,224 | +€1,411 | +10.2% |
| Furniture and vehicles | 24 | €28,883 | €1,550 | -€27,334 | -94.6% |
| Other tangible fixed assets | 26 | - | €74,710 | +€74,710 | |
| Assets under construction and advance payments | 27 | €136,455 | €0 | -€136,455 | -100% |
| Current assets | 29/58 | €648,751 | €935,122 | +€286,371 | +44.1% |
| Stocks and contracts in progress | 3 | €117,862 | €311,010 | +€193,147 | +164% |
| Stocks | 30/36 | €117,862 | €311,010 | +€193,147 | +164% |
| Amounts receivable within one year | 40/41 | €121,998 | €164,153 | +€42,154 | +34.6% |
| Trade receivables | 40 | €114,226 | €149,045 | +€34,819 | +30.5% |
| Other amounts receivable | 41 | €7,772 | €15,107 | +€7,335 | +94.4% |
| Current investments | 50/53 | - | €137,999 | +€137,999 | |
| Cash at bank and in hand | 54/58 | €269,829 | €204,891 | -€64,938 | -24.1% |
| Deferred charges and accrued income | 490/1 | €139,061 | €117,070 | -€21,991 | -15.8% |
| Total equity and liabilities | 10/49 | €1,058,508 | €1,334,468 | +€275,960 | +26.1% |
| Equity | 10/15 | €725,631 | €853,911 | +€128,281 | +17.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €719,431 | €847,711 | +€128,281 | +17.8% |
| Tax-exempt reserves | 132 | €62,000 | €62,000 | = | 0.0% |
| Distributable reserves | 133 | €657,431 | €785,711 | +€128,281 | +19.5% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €332,878 | €480,557 | +€147,679 | +44.4% |
| Amounts payable after more than one year | 17 | €75,406 | €61,787 | -€13,619 | -18.1% |
| Financial debts | 170/4 | €75,406 | €61,787 | -€13,619 | -18.1% |
| Amounts payable within one year | 42/48 | €252,747 | €380,520 | +€127,773 | +50.6% |
| Current portion of amounts payable after more than one year | 42 | €13,072 | €13,619 | +€547 | +4.2% |
| Trade debts | 44 | €146,224 | €235,938 | +€89,714 | +61.4% |
| Suppliers | 440/4 | €146,224 | €235,938 | +€89,714 | +61.4% |
| Taxes, remuneration and social security | 45 | €93,450 | €130,962 | +€37,512 | +40.1% |
| Taxes | 450/3 | €88,388 | €118,443 | +€30,055 | +34.0% |
| Remuneration and social security | 454/9 | €5,062 | €12,520 | +€7,457 | +147% |
| Accrued charges and deferred income | 492/3 | €4,725 | €38,250 | +€33,525 | +710% |
| Remuneration, social security and pensions | 62 | €23,233 | €44,047 | +€20,814 | +89.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,887 | €14,318 | -€3,569 | -20.0% |
| Other operating charges | 640/8 | €16,078 | €1,939 | -€14,139 | -87.9% |
| Non-recurring operating charges | 66A | - | €4,005 | +€4,005 | |
| Gross operating margin | 9900 | €289,521 | €420,328 | +€130,807 | +45.2% |
| Operating profit (loss) | 9901 | €232,323 | €356,019 | +€123,696 | +53.2% |
| Financial income | 75/76B | €3,902 | €4,211 | +€309 | +7.9% |
| Recurring financial income | 75 | €3,902 | €4,211 | +€309 | +7.9% |
| Financial charges | 65/66B | €4,647 | €5,379 | +€732 | +15.7% |
| Recurring financial charges | 65 | €4,647 | €5,379 | +€732 | +15.7% |
| Profit (loss) for the period before taxes | 9903 | €231,578 | €354,852 | +€123,273 | +53.2% |
| Income taxes | 67/77 | €78,364 | €116,045 | +€37,680 | +48.1% |
| Profit (loss) for the period | 9904 | €153,214 | €238,807 | +€85,593 | +55.9% |
| Profit (loss) for the period to be appropriated | 9905 | €153,214 | €238,807 | +€85,593 | +55.9% |
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 23 October 2026 via checked.be.