M.E.T.: 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.
M.E.T.
Largest movements
- Cash +€34,937
up €34,937 (+195.0%), from €17,917 to €52,854
mainly Net result for the year (+€28,751) and Other debts (+€8,814)
- Deferred charges and accrued income -€1,695
down €1,695 (-78.2%), from €2,169 to €474
- Receivables within one year -€1,236
down €1,236 (-13.0%), from €9,536 to €8,300
of which Other amounts receivable: -€2,851
- Profit (loss) carried forward +€22,751
up €22,751 (+150.4%), from €15,127 to €37,878
- Other debts +€8,814
up €8,814 (+85.5%), from €10,308 to €19,121
- Tax, wage and social debts +€5,314
up €5,314 (+93.8%), from €5,666 to €10,980
of which Taxes: +€4,303
- Trade debts -€4,811
down €4,811 (-82.9%), from €5,805 to €994
- Gross operating margin +€31,011
up €31,011 (+427.8%), from €7,250 to €38,261
- Taxes +€5,164
up €5,164 (+368.6%), from €1,401 to €6,565
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 | €38,906 | €70,973 | +€32,067 | +82.4% |
| Fixed assets | 21/28 | €9,284 | €9,346 | +€62 | +0.7% |
| Tangible fixed assets | 22/27 | €9,284 | €9,346 | +€62 | +0.7% |
| Furniture and vehicles | 24 | €4,742 | €3,513 | -€1,229 | -25.9% |
| Other tangible fixed assets | 26 | €4,542 | €5,833 | +€1,291 | +28.4% |
| Current assets | 29/58 | €29,622 | €61,628 | +€32,006 | +108.0% |
| Amounts receivable within one year | 40/41 | €9,536 | €8,300 | -€1,236 | -13.0% |
| Trade receivables | 40 | €6,685 | €8,300 | +€1,615 | +24.2% |
| Other amounts receivable | 41 | €2,851 | - | -€2,851 | |
| Cash at bank and in hand | 54/58 | €17,917 | €52,854 | +€34,937 | +195.0% |
| Deferred charges and accrued income | 490/1 | €2,169 | €474 | -€1,695 | -78.2% |
| Total equity and liabilities | 10/49 | €38,906 | €70,973 | +€32,067 | +82.4% |
| Equity | 10/15 | €17,127 | €39,878 | +€22,751 | +132.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,127 | €37,878 | +€22,751 | +150.4% |
| Amounts payable | 17/49 | €21,779 | €31,096 | +€9,317 | +42.8% |
| Amounts payable within one year | 42/48 | €21,779 | €31,096 | +€9,317 | +42.8% |
| Trade debts | 44 | €5,805 | €994 | -€4,811 | -82.9% |
| Suppliers | 440/4 | €5,805 | €994 | -€4,811 | -82.9% |
| Taxes, remuneration and social security | 45 | €5,666 | €10,980 | +€5,314 | +93.8% |
| Taxes | 450/3 | €5,666 | €9,969 | +€4,303 | +75.9% |
| Remuneration and social security | 454/9 | - | €1,011 | +€1,011 | |
| Other amounts payable | 47/48 | €10,308 | €19,121 | +€8,814 | +85.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,964 | €2,096 | +€131 | +6.7% |
| Other operating charges | 640/8 | €728 | €817 | +€89 | +12.2% |
| Gross operating margin | 9900 | €7,250 | €38,261 | +€31,011 | +427.8% |
| Operating profit (loss) | 9901 | €4,557 | €35,348 | +€30,791 | +675.7% |
| Financial income | 75/76B | €0 | €22 | +€22 | +19563.6% |
| Recurring financial income | 75 | €0 | €22 | +€22 | +19563.6% |
| Financial charges | 65/66B | €51 | €54 | +€3 | +5.9% |
| Recurring financial charges | 65 | €51 | €54 | +€3 | +5.9% |
| Profit (loss) for the period before taxes | 9903 | €4,506 | €35,316 | +€30,810 | +683.7% |
| Income taxes | 67/77 | €1,401 | €6,565 | +€5,164 | +368.6% |
| Profit (loss) for the period | 9904 | €3,105 | €28,751 | +€25,646 | +825.9% |
| Profit (loss) for the period to be appropriated | 9905 | €3,105 | €28,751 | +€25,646 | +825.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.