META 4: 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.
META 4
Largest movements
- Tangible fixed assets -€25,600
down €25,600 (-27.0%), from €94,667 to €69,067
of which Land and buildings: -€25,600
- Cash -€15,409
down €15,409 (-66.1%), from €23,319 to €7,910
mainly Current portion of long-term debt (-€34,842) and Net result for the year (-€8,230)
- Current portion of long-term debt -€34,842
down €34,842 (-100.0%), from €34,842 to €0
- Profit (loss) carried forward -€8,230
down €8,230, from €7,773 to -€457
- Accrued charges and deferred income +€2,909
up €2,909 (+6.9%), from €42,241 to €45,150
- Trade debts +€1,892
up €1,892 (+5.2%), from €36,537 to €38,429
- Tax, wage and social debts -€1,598
down €1,598 (-55.1%), from €2,900 to €1,301
- Gross operating margin -€12,206
down €12,206 (-36.6%), from €33,340 to €21,134
- Other operating charges +€7,743
up €7,743 (+256.0%), from €3,024 to €10,767
- Write-downs -€7,650
new in 2025: -€7,650
- Financial charges -€1,459
down €1,459 (-69.3%), from €2,107 to €647
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 | €131,659 | €91,789 | -€39,870 | -30.3% |
| Fixed assets | 21/28 | €94,667 | €69,067 | -€25,600 | -27.0% |
| Tangible fixed assets | 22/27 | €94,667 | €69,067 | -€25,600 | -27.0% |
| Land and buildings | 22 | €93,867 | €68,267 | -€25,600 | -27.3% |
| Furniture and vehicles | 24 | €800 | €800 | = | 0.0% |
| Current assets | 29/58 | €36,992 | €22,722 | -€14,270 | -38.6% |
| Amounts receivable within one year | 40/41 | €13,673 | €14,812 | +€1,139 | +8.3% |
| Trade receivables | 40 | €13,673 | €14,812 | +€1,139 | +8.3% |
| Cash at bank and in hand | 54/58 | €23,319 | €7,910 | -€15,409 | -66.1% |
| Total equity and liabilities | 10/49 | €131,659 | €91,789 | -€39,870 | -30.3% |
| Equity | 10/15 | €15,138 | €6,908 | -€8,230 | -54.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,166 | €1,166 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,166 | €1,166 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,166 | €1,166 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,773 | -€457 | -€8,230 | |
| Amounts payable | 17/49 | €116,520 | €84,881 | -€31,640 | -27.2% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €74,279 | €39,731 | -€34,548 | -46.5% |
| Current portion of amounts payable after more than one year | 42 | €34,842 | €0 | -€34,842 | -100.0% |
| Trade debts | 44 | €36,537 | €38,429 | +€1,892 | +5.2% |
| Suppliers | 440/4 | €36,537 | €38,429 | +€1,892 | +5.2% |
| Taxes, remuneration and social security | 45 | €2,900 | €1,301 | -€1,598 | -55.1% |
| Taxes | 450/3 | €2,900 | €1,301 | -€1,598 | -55.1% |
| Accrued charges and deferred income | 492/3 | €42,241 | €45,150 | +€2,909 | +6.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,600 | €25,600 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€7,650 | -€7,650 | |
| Other operating charges | 640/8 | €3,024 | €10,767 | +€7,743 | +256.0% |
| Gross operating margin | 9900 | €33,340 | €21,134 | -€12,206 | -36.6% |
| Operating profit (loss) | 9901 | €4,715 | -€7,583 | -€12,298 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €2,107 | €647 | -€1,459 | -69.3% |
| Recurring financial charges | 65 | €2,107 | €647 | -€1,459 | -69.3% |
| Profit (loss) for the period before taxes | 9903 | €2,609 | -€8,230 | -€10,839 | |
| Profit (loss) for the period | 9904 | €2,609 | -€8,230 | -€10,839 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,609 | -€8,230 | -€10,839 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.