MET A4: 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 A4
Largest movements
- Receivables within one year -€61,047
down €61,047 (-87.3%), from €69,962 to €8,915
of which Trade receivables: -€60,845
- Tangible fixed assets -€28,178
down €28,178 (-31.5%), from €89,574 to €61,396
- Cash +€21,030
up €21,030 (+100.7%), from €20,884 to €41,914
mainly Receivables within one year (+€61,047) and Depreciation (+€27,178)
- Trade debts -€66,730
down €66,730 (-35.6%), from €187,572 to €120,842
- Debts after one year -€15,444
down €15,444 (-28.4%), from €54,327 to €38,883
- Other debts +€6,457
up €6,457 (+3.8%), from €168,046 to €174,503
- Staff costs -€60,546
down €60,546 (-41.2%), from €146,918 to €86,372
- Gross operating margin -€56,092
down €56,092 (-29.2%), from €191,947 to €135,854
- Taxes +€2,212
up €2,212 (+132.3%), from €1,671 to €3,883
- Financial charges +€2,123
up €2,123 (+27.5%), from €7,713 to €9,836
- Depreciation +€1,979
up €1,979 (+7.9%), from €25,199 to €27,178
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 | €483,530 | €412,677 | -€70,853 | -14.7% |
| Fixed assets | 21/28 | €101,574 | €69,396 | -€32,178 | -31.7% |
| Intangible fixed assets | 21 | €4,000 | - | -€4,000 | |
| Tangible fixed assets | 22/27 | €89,574 | €61,396 | -€28,178 | -31.5% |
| Furniture and vehicles | 24 | €89,574 | €61,396 | -€28,178 | -31.5% |
| Financial fixed assets | 28 | €8,000 | €8,000 | = | 0.0% |
| Current assets | 29/58 | €381,956 | €343,281 | -€38,675 | -10.1% |
| Stocks and contracts in progress | 3 | €291,110 | €292,452 | +€1,342 | +0.5% |
| Stocks | 30/36 | €291,110 | €292,452 | +€1,342 | +0.5% |
| Amounts receivable within one year | 40/41 | €69,962 | €8,915 | -€61,047 | -87.3% |
| Trade receivables | 40 | €69,760 | €8,915 | -€60,845 | -87.2% |
| Other amounts receivable | 41 | €202 | - | -€202 | |
| Cash at bank and in hand | 54/58 | €20,884 | €41,914 | +€21,030 | +100.7% |
| Total equity and liabilities | 10/49 | €483,530 | €412,677 | -€70,853 | -14.7% |
| Equity | 10/15 | €35,280 | €39,725 | +€4,445 | +12.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,280 | €19,725 | +€4,445 | +29.1% |
| Amounts payable | 17/49 | €448,250 | €372,952 | -€75,298 | -16.8% |
| Amounts payable after more than one year | 17 | €54,327 | €38,883 | -€15,444 | -28.4% |
| Financial debts | 170/4 | €54,327 | €38,883 | -€15,444 | -28.4% |
| Amounts payable within one year | 42/48 | €393,923 | €334,068 | -€59,854 | -15.2% |
| Current portion of amounts payable after more than one year | 42 | €14,746 | €16,097 | +€1,351 | +9.2% |
| Trade debts | 44 | €187,572 | €120,842 | -€66,730 | -35.6% |
| Suppliers | 440/4 | €187,572 | €120,842 | -€66,730 | -35.6% |
| Taxes, remuneration and social security | 45 | €23,559 | €22,626 | -€933 | -4.0% |
| Taxes | 450/3 | €4,221 | €9,269 | +€5,048 | +119.6% |
| Remuneration and social security | 454/9 | €19,338 | €13,357 | -€5,981 | -30.9% |
| Other amounts payable | 47/48 | €168,046 | €174,503 | +€6,457 | +3.8% |
| Remuneration, social security and pensions | 62 | €146,918 | €86,372 | -€60,546 | -41.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,199 | €27,178 | +€1,979 | +7.9% |
| Other operating charges | 640/8 | €4,538 | €4,141 | -€397 | -8.8% |
| Gross operating margin | 9900 | €191,947 | €135,854 | -€56,092 | -29.2% |
| Operating profit (loss) | 9901 | €15,292 | €18,164 | +€2,872 | +18.8% |
| Financial charges | 65/66B | €7,713 | €9,836 | +€2,123 | +27.5% |
| Recurring financial charges | 65 | €7,713 | €9,836 | +€2,123 | +27.5% |
| Profit (loss) for the period before taxes | 9903 | €7,579 | €8,328 | +€749 | +9.9% |
| Income taxes | 67/77 | €1,671 | €3,883 | +€2,212 | +132.3% |
| Profit (loss) for the period | 9904 | €5,907 | €4,445 | -€1,462 | -24.8% |
| Profit (loss) for the period to be appropriated | 9905 | €5,907 | €4,445 | -€1,462 | -24.8% |
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 11 October 2026 via checked.be.