MET 26: 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.
MET 26
Largest movements
- Tangible fixed assets -€16,132
down €16,132 (-66.4%), from €24,299 to €8,167
- Cash -€15,916
down €15,916 (-18.8%), from €84,465 to €68,549
mainly Trade debts (-€10,085) and Net result for the year (-€6,427)
- Receivables within one year +€3,731
up €3,731 (+77.1%), from €4,838 to €8,569
of which Trade receivables: +€6,593
- Trade debts -€10,085
no longer reported in 2025 (was €10,085)
of which Suppliers: -€5,245
- Profit (loss) carried forward -€6,427
down €6,427 (-25.5%), from €25,242 to €18,815
- Tax, wage and social debts -€6,103
down €6,103 (-75.3%), from €8,108 to €2,005
- Current portion of long-term debt -€4,890
no longer reported in 2025 (was €4,890)
- Gross operating margin -€58,695
down €58,695 (-65.1%), from €90,118 to €31,423
- Staff costs -€35,409
down €35,409 (-71.7%), from €49,398 to €13,989
- Taxes +€4,501
up €4,501 (+714%), from €630 to €5,131
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 | €113,602 | €85,285 | -€28,317 | -24.9% |
| Fixed assets | 21/28 | €24,299 | €8,167 | -€16,132 | -66.4% |
| Tangible fixed assets | 22/27 | €24,299 | €8,167 | -€16,132 | -66.4% |
| Furniture and vehicles | 24 | €24,299 | €8,167 | -€16,132 | -66.4% |
| Current assets | 29/58 | €89,303 | €77,118 | -€12,185 | -13.6% |
| Amounts receivable within one year | 40/41 | €4,838 | €8,569 | +€3,731 | +77.1% |
| Trade receivables | 40 | - | €6,593 | +€6,593 | |
| Other amounts receivable | 41 | €4,838 | €1,976 | -€2,862 | -59.2% |
| Cash at bank and in hand | 54/58 | €84,465 | €68,549 | -€15,916 | -18.8% |
| Total equity and liabilities | 10/49 | €113,602 | €85,285 | -€28,317 | -24.9% |
| Equity | 10/15 | €45,242 | €38,815 | -€6,427 | -14.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,242 | €18,815 | -€6,427 | -25.5% |
| Amounts payable | 17/49 | €68,360 | €46,470 | -€21,890 | -32.0% |
| Amounts payable after more than one year | 17 | €7,371 | €7,371 | = | 0.0% |
| Financial debts | 170/4 | €7,371 | €7,371 | = | 0.0% |
| Amounts payable within one year | 42/48 | €60,989 | €39,099 | -€21,890 | -35.9% |
| Current portion of amounts payable after more than one year | 42 | €4,890 | - | -€4,890 | |
| Trade debts | 44 | €10,085 | - | -€10,085 | |
| Suppliers | 440/4 | €5,245 | - | -€5,245 | |
| Bills of exchange payable | 441 | €4,840 | - | -€4,840 | |
| Taxes, remuneration and social security | 45 | €8,108 | €2,005 | -€6,103 | -75.3% |
| Remuneration and social security | 454/9 | €8,108 | €2,005 | -€6,103 | -75.3% |
| Other amounts payable | 47/48 | €37,906 | €37,094 | -€812 | -2.1% |
| Remuneration, social security and pensions | 62 | €49,398 | €13,989 | -€35,409 | -71.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,132 | €16,132 | = | 0.0% |
| Other operating charges | 640/8 | €1,405 | €1,407 | +€2 | +0.1% |
| Non-recurring operating charges | 66A | €539 | €585 | +€46 | +8.5% |
| Gross operating margin | 9900 | €90,118 | €31,423 | -€58,695 | -65.1% |
| Operating profit (loss) | 9901 | €22,644 | -€690 | -€23,334 | |
| Financial charges | 65/66B | €693 | €606 | -€87 | -12.6% |
| Recurring financial charges | 65 | €693 | €606 | -€87 | -12.6% |
| Profit (loss) for the period before taxes | 9903 | €21,951 | -€1,296 | -€23,247 | |
| Income taxes | 67/77 | €630 | €5,131 | +€4,501 | +714% |
| Profit (loss) for the period | 9904 | €21,321 | -€6,427 | -€27,748 | |
| Profit (loss) for the period to be appropriated | 9905 | €21,321 | -€6,427 | -€27,748 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.