DE MET: what changed
Two fiscal 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.
DE MET
Largest movements
- Tangible fixed assets +€2.7m
up €2.7m (+96.9%), from €2.7m to €5.4m
- Cash -€101,048
down €101,048 (-97.3%), from €103,848 to €2,799
mainly Investment in fixed assets (net) (-€2.8m) and Current investments (-€200)
- Investment grants +€1.5m
up €1.5m (+102.4%), from €1.5m to €2.9m
- Debts within one year +€708,657
up €708,657 (+765.8%), from €92,541 to €801,198
of which Trade debts: +€640,599
- Debts after one year +€230,374
up €230,374 (+23.9%), from €964,988 to €1.2m
of which Other amounts payable: +€172,666
- Purchases and services +€274,623
up €274,623 (+45.8%), from €599,716 to €874,339
- Turnover +€91,410
up €91,410 (+27.2%), from €335,908 to €427,318
- Depreciation +€57,004
up €57,004 (+56.0%), from €101,837 to €158,841
- Financial charges +€43,003
up €43,003 (+1043.3%), from €4,122 to €47,125
- Gross operating margin -€40,619
down €40,619 (-14.3%), from €283,425 to €242,807
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 | €2,925,505 | €5,430,671 | +€2.5m | +85.6% |
| Fixed assets | 21/28 | €2,753,043 | €5,409,224 | +€2.7m | +96.5% |
| Tangible fixed assets | 22/27 | €2,744,938 | €5,405,832 | +€2.7m | +96.9% |
| Land and buildings | 22 | €2,426,113 | €3,696,291 | +€1.3m | +52.4% |
| Plant, machinery and equipment | 23 | €12,620 | €2,763 | -€9,858 | -78.1% |
| Furniture and vehicles | 24 | €27,004 | €153,954 | +€126,950 | +470.1% |
| Assets under construction and advance payments | 27 | €279,201 | €1,552,825 | +€1.3m | +456.2% |
| Financial fixed assets | 28 | €8,105 | €3,392 | -€4,713 | -58.1% |
| Current assets | 29/58 | €172,462 | €21,447 | -€151,015 | -87.6% |
| Amounts receivable within one year | 40/41 | €10,468 | €1,731 | -€8,737 | -83.5% |
| Trade receivables | 40 | €978 | €633 | -€346 | -35.3% |
| Other amounts receivable | 41 | €9,490 | €1,098 | -€8,392 | -88.4% |
| Current investments | 50/53 | - | €200 | +€200 | |
| Cash at bank and in hand | 54/58 | €103,848 | €2,799 | -€101,048 | -97.3% |
| Deferred charges and accrued income | 490/1 | €58,146 | €16,718 | -€41,429 | -71.2% |
| Total equity and liabilities | 10/49 | €2,925,505 | €5,430,671 | +€2.5m | +85.6% |
| Equity | 10/15 | €1,856,883 | €3,381,071 | +€1.5m | +82.1% |
| Profit (loss) carried forward | 14 | €400,081 | €432,094 | +€32,013 | +8.0% |
| Investment grants | 15 | €1,456,802 | €2,948,977 | +€1.5m | +102.4% |
| Amounts payable | 17/49 | €1,068,622 | €2,049,600 | +€980,978 | +91.8% |
| Amounts payable after more than one year | 17 | €964,988 | €1,195,363 | +€230,374 | +23.9% |
| Financial debts | 170/4 | €964,988 | €1,022,697 | +€57,708 | +6.0% |
| Other amounts payable | 178/9 | - | €172,666 | +€172,666 | |
| Amounts payable within one year | 42/48 | €92,541 | €801,198 | +€708,657 | +765.8% |
| Current portion of amounts payable after more than one year | 42 | €35,012 | €41,768 | +€6,756 | +19.3% |
| Financial debts | 43 | - | €56,635 | +€56,635 | |
| Credit institutions | 430/8 | - | €56,635 | +€56,635 | |
| Trade debts | 44 | €57,530 | €698,128 | +€640,599 | +1113.5% |
| Suppliers | 440/4 | €57,530 | €698,128 | +€640,599 | +1113.5% |
| Accrued charges and deferred income | 492/3 | €11,092 | €53,039 | +€41,947 | +378.2% |
| Turnover | 70 | €335,908 | €427,318 | +€91,410 | +27.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €599,716 | €874,339 | +€274,623 | +45.8% |
| Remuneration, social security and pensions | 62 | €3,090 | €3,270 | +€180 | +5.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €101,837 | €158,841 | +€57,004 | +56.0% |
| Other operating charges | 640/8 | €1,210 | €1,559 | +€349 | +28.8% |
| Gross operating margin | 9900 | €283,425 | €242,807 | -€40,619 | -14.3% |
| Operating profit (loss) | 9901 | €177,289 | €79,137 | -€98,152 | -55.4% |
| Financial income | 75/76B | €17 | €1 | -€16 | -94.0% |
| Recurring financial income | 75 | €17 | €1 | -€16 | -94.0% |
| Financial charges | 65/66B | €4,122 | €47,125 | +€43,003 | +1043.3% |
| Recurring financial charges | 65 | €4,122 | €47,125 | +€43,003 | +1043.3% |
| Profit (loss) for the period before taxes | 9903 | €173,184 | €32,013 | -€141,171 | -81.5% |
| Profit (loss) for the period | 9904 | €173,184 | €32,013 | -€141,171 | -81.5% |
| Profit (loss) for the period to be appropriated | 9905 | €173,184 | €32,013 | -€141,171 | -81.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 August 2024 and 31 August 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.