Meta Barge 1: 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.
Meta Barge 1
Largest movements
- Tangible fixed assets +€3.3m
up €3.3m (+103%), from €3.2m to €6.5m
- Receivables within one year -€553,259
down €553,259 (-76.9%), from €719,257 to €165,998
of which Other amounts receivable: -€622,472
- Cash +€374,574
up €374,574 (+344%), from €108,936 to €483,510
mainly Contributions, distributions and other (+€3.2m) and Receivables within one year (+€553,259)
- Current investments +€187,327
new in 2025: €187,327
- Contributions +€3.2m
up €3.2m (+81.8%), from €4.0m to €7.2m
- Trade debts -€82,185
down €82,185 (-76.4%), from €107,607 to €25,422
- Profit (loss) carried forward +€81,502
up €81,502, from -€45,452 to €36,050
- Gross operating margin +€356,086
up €356,086, from -€3,105 to €352,980
- Depreciation +€145,690
up €145,690 (+347%), from €41,929 to €187,620
- Financial charges +€70,579
up €70,579 (+16,903%), from €418 to €70,997
- Taxes +€13,972
new in 2025: €13,972
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 | €4,037,500 | €7,354,107 | +€3.3m | +82.1% |
| Fixed assets | 21/28 | €3,208,071 | €6,517,188 | +€3.3m | +103% |
| Tangible fixed assets | 22/27 | €3,208,071 | €6,517,188 | +€3.3m | +103% |
| Plant, machinery and equipment | 23 | €3,208,071 | €6,517,188 | +€3.3m | +103% |
| Current assets | 29/58 | €829,430 | €836,919 | +€7,489 | +0.9% |
| Amounts receivable within one year | 40/41 | €719,257 | €165,998 | -€553,259 | -76.9% |
| Trade receivables | 40 | €50,131 | €119,345 | +€69,213 | +138% |
| Other amounts receivable | 41 | €669,126 | €46,653 | -€622,472 | -93.0% |
| Current investments | 50/53 | - | €187,327 | +€187,327 | |
| Cash at bank and in hand | 54/58 | €108,936 | €483,510 | +€374,574 | +344% |
| Deferred charges and accrued income | 490/1 | €1,236 | €84 | -€1,152 | -93.2% |
| Total equity and liabilities | 10/49 | €4,037,500 | €7,354,107 | +€3.3m | +82.1% |
| Equity | 10/15 | €3,919,548 | €7,244,050 | +€3.3m | +84.8% |
| Contributions | 10/11 | €3,965,000 | €7,208,000 | +€3.2m | +81.8% |
| Profit (loss) carried forward | 14 | -€45,452 | €36,050 | +€81,502 | |
| Amounts payable | 17/49 | €117,952 | €110,057 | -€7,895 | -6.7% |
| Amounts payable within one year | 42/48 | €117,952 | €110,057 | -€7,895 | -6.7% |
| Trade debts | 44 | €107,607 | €25,422 | -€82,185 | -76.4% |
| Suppliers | 440/4 | €107,607 | €25,422 | -€82,185 | -76.4% |
| Taxes, remuneration and social security | 45 | - | €13,403 | +€13,403 | |
| Taxes | 450/3 | - | €13,403 | +€13,403 | |
| Other amounts payable | 47/48 | €10,346 | €71,232 | +€60,887 | +589% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,929 | €187,620 | +€145,690 | +347% |
| Other operating charges | 640/8 | - | €787 | +€787 | |
| Gross operating margin | 9900 | -€3,105 | €352,980 | +€356,086 | |
| Operating profit (loss) | 9901 | -€45,035 | €164,574 | +€209,609 | |
| Financial income | 75/76B | - | €1,897 | +€1,897 | |
| Recurring financial income | 75 | - | €1,897 | +€1,897 | |
| Non-recurring financial income | 76B | - | €0 | +€0 | |
| Financial charges | 65/66B | €418 | €70,997 | +€70,579 | +16,903% |
| Recurring financial charges | 65 | €418 | €70,997 | +€70,579 | +16,903% |
| Profit (loss) for the period before taxes | 9903 | -€45,452 | €95,474 | +€140,926 | |
| Income taxes | 67/77 | - | €13,972 | +€13,972 | |
| Profit (loss) for the period | 9904 | -€45,452 | €81,502 | +€126,955 | |
| Profit (loss) for the period to be appropriated | 9905 | -€45,452 | €81,502 | +€126,955 |
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 21 October 2026 via checked.be.