MET-INVEST: 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-INVEST
Largest movements
- Cash +€57,734
up €57,734 (+217%), from €26,617 to €84,351
mainly Trade debts (+€83,250) and Debts after one year (+€37,978)
- Tangible fixed assets +€56,598
up €56,598 (+1,312%), from €4,313 to €60,911
of which Furniture and vehicles: +€52,273
- Stocks and contracts +€55,537
up €55,537 (+149%), from €37,303 to €92,840
- Receivables within one year -€9,600
down €9,600 (-57.6%), from €16,670 to €7,070
of which Other amounts receivable: -€4,808
- Trade debts +€83,250
up €83,250 (+120%), from €69,373 to €152,623
- Debts after one year +€37,978
new in 2025: €37,978
- Tax, wage and social debts +€19,542
up €19,542 (+502%), from €3,890 to €23,432
of which Taxes: +€14,836
- Current portion of long-term debt +€13,947
new in 2025: €13,947
- Profit (loss) carried forward +€5,552
up €5,552 (+83.6%), from €6,639 to €12,191
- Turnover +€2.1m
new in 2025: €2.1m
- Purchases and services +€2.1m
new in 2025: €2.1m
- Gross operating margin +€31,208
up €31,208 (+222%), from €14,050 to €45,257
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 | €84,903 | €245,172 | +€160,269 | +189% |
| Fixed assets | 21/28 | €4,313 | €60,911 | +€56,598 | +1,312% |
| Tangible fixed assets | 22/27 | €4,313 | €60,911 | +€56,598 | +1,312% |
| Plant, machinery and equipment | 23 | €4,313 | €8,638 | +€4,325 | +100% |
| Furniture and vehicles | 24 | - | €52,273 | +€52,273 | |
| Current assets | 29/58 | €80,590 | €184,261 | +€103,671 | +129% |
| Stocks and contracts in progress | 3 | €37,303 | €92,840 | +€55,537 | +149% |
| Stocks | 30/36 | €37,303 | €92,840 | +€55,537 | +149% |
| Amounts receivable within one year | 40/41 | €16,670 | €7,070 | -€9,600 | -57.6% |
| Trade receivables | 40 | €9,665 | €4,873 | -€4,792 | -49.6% |
| Other amounts receivable | 41 | €7,005 | €2,197 | -€4,808 | -68.6% |
| Cash at bank and in hand | 54/58 | €26,617 | €84,351 | +€57,734 | +217% |
| Total equity and liabilities | 10/49 | €84,903 | €245,172 | +€160,269 | +189% |
| Equity | 10/15 | €11,639 | €17,191 | +€5,552 | +47.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,639 | €12,191 | +€5,552 | +83.6% |
| Amounts payable | 17/49 | €73,264 | €227,980 | +€154,717 | +211% |
| Amounts payable after more than one year | 17 | - | €37,978 | +€37,978 | |
| Financial debts | 170/4 | - | €37,978 | +€37,978 | |
| Amounts payable within one year | 42/48 | €73,264 | €190,003 | +€116,739 | +159% |
| Current portion of amounts payable after more than one year | 42 | - | €13,947 | +€13,947 | |
| Trade debts | 44 | €69,373 | €152,623 | +€83,250 | +120% |
| Suppliers | 440/4 | €69,373 | €152,623 | +€83,250 | +120% |
| Taxes, remuneration and social security | 45 | €3,890 | €23,432 | +€19,542 | +502% |
| Taxes | 450/3 | €1,660 | €16,496 | +€14,836 | +894% |
| Remuneration and social security | 454/9 | €2,231 | €6,936 | +€4,705 | +211% |
| Turnover | 70 | - | €2,102,666 | +€2.1m | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €2,058,360 | +€2.1m | |
| Remuneration, social security and pensions | 62 | €1,248 | €6,298 | +€5,050 | +405% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48 | €7,800 | +€7,752 | +16,221% |
| Other operating charges | 640/8 | - | €4,534 | +€4,534 | |
| Non-recurring operating charges | 66A | - | €481 | +€481 | |
| Gross operating margin | 9900 | €14,050 | €45,257 | +€31,208 | +222% |
| Operating profit (loss) | 9901 | €12,754 | €26,144 | +€13,390 | +105% |
| Financial income | 75/76B | €52 | €10 | -€42 | -80.6% |
| Recurring financial income | 75 | €52 | €10 | -€42 | -80.6% |
| Financial charges | 65/66B | €2,323 | €21,025 | +€18,702 | +805% |
| Recurring financial charges | 65 | €2,323 | €21,025 | +€18,702 | +805% |
| Profit (loss) for the period before taxes | 9903 | €10,483 | €5,129 | -€5,353 | -51.1% |
| Income taxes | 67/77 | €1,135 | -€423 | -€1,558 | |
| Profit (loss) for the period | 9904 | €9,348 | €5,552 | -€3,796 | -40.6% |
| Profit (loss) for the period to be appropriated | 9905 | €9,348 | €5,552 | -€3,796 | -40.6% |
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 29 October 2026 via checked.be.