META SYSTEM: 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 SYSTEM
Largest movements
- Cash +€541,158
up €541,158 (+75.4%), from €717,398 to €1.3m
mainly Short-term financial debts (+€684,298) and Receivables within one year (+€482,520)
- Receivables within one year -€482,520
down €482,520 (-16.7%), from €2.9m to €2.4m
of which Trade receivables: -€424,117
- Tangible fixed assets -€204,644
down €204,644 (-5.7%), from €3.6m to €3.4m
of which Plant, machinery and equipment: -€213,384
- Stocks and contracts -€90,893
down €90,893 (-25.6%), from €355,533 to €264,640
- Accrued charges and deferred income -€932,653
down €932,653 (-100.0%), from €932,653 to €0
- Short-term financial debts +€684,298
up €684,298 (+100.8%), from €678,997 to €1.4m
- Trade debts +€217,319
up €217,319 (+7.9%), from €2.8m to €3.0m
- Debts after one year -€154,823
down €154,823 (-9.4%), from €1.7m to €1.5m
- Other debts -€84,636
down €84,636 (-25.1%), from €337,415 to €252,779
- Gross operating margin +€154,559
up €154,559 (+6.0%), from €2.6m to €2.7m
- Staff costs +€116,841
up €116,841 (+5.8%), from €2.0m to €2.1m
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 | €7,813,530 | €7,605,280 | -€208,250 | -2.7% |
| Fixed assets | 21/28 | €3,648,652 | €3,405,204 | -€243,448 | -6.7% |
| Tangible fixed assets | 22/27 | €3,600,524 | €3,395,881 | -€204,644 | -5.7% |
| Land and buildings | 22 | €276,275 | €276,275 | = | 0.0% |
| Plant, machinery and equipment | 23 | €2,986,899 | €2,773,515 | -€213,384 | -7.1% |
| Furniture and vehicles | 24 | €310,351 | €319,091 | +€8,740 | +2.8% |
| Other tangible fixed assets | 26 | €27,000 | €27,000 | = | 0.0% |
| Financial fixed assets | 28 | €48,128 | €9,324 | -€38,804 | -80.6% |
| Current assets | 29/58 | €4,164,878 | €4,200,075 | +€35,197 | +0.8% |
| Stocks and contracts in progress | 3 | €355,533 | €264,640 | -€90,893 | -25.6% |
| Stocks | 30/36 | €355,533 | €264,640 | -€90,893 | -25.6% |
| Amounts receivable within one year | 40/41 | €2,897,751 | €2,415,231 | -€482,520 | -16.7% |
| Trade receivables | 40 | €2,570,667 | €2,146,550 | -€424,117 | -16.5% |
| Other amounts receivable | 41 | €327,084 | €268,681 | -€58,403 | -17.9% |
| Cash at bank and in hand | 54/58 | €717,398 | €1,258,556 | +€541,158 | +75.4% |
| Deferred charges and accrued income | 490/1 | €194,196 | €261,648 | +€67,452 | +34.7% |
| Total equity and liabilities | 10/49 | €7,813,530 | €7,605,280 | -€208,250 | -2.7% |
| Equity | 10/15 | €1,061,134 | €1,100,120 | +€38,986 | +3.7% |
| Contributions | 10/11 | €139,852 | €139,852 | = | 0.0% |
| Profit (loss) carried forward | 14 | €921,282 | €960,268 | +€38,986 | +4.2% |
| Amounts payable | 17/49 | €6,752,396 | €6,505,160 | -€247,236 | -3.7% |
| Amounts payable after more than one year | 17 | €1,652,861 | €1,498,037 | -€154,823 | -9.4% |
| Financial debts | 170/4 | €1,652,861 | €1,498,037 | -€154,823 | -9.4% |
| Amounts payable within one year | 42/48 | €4,166,883 | €5,007,123 | +€840,240 | +20.2% |
| Current portion of amounts payable after more than one year | 42 | €223,192 | €202,278 | -€20,913 | -9.4% |
| Financial debts | 43 | €678,997 | €1,363,295 | +€684,298 | +100.8% |
| Credit institutions | 430/8 | €678,997 | €1,363,295 | +€684,298 | +100.8% |
| Trade debts | 44 | €2,757,358 | €2,974,677 | +€217,319 | +7.9% |
| Suppliers | 440/4 | €2,757,358 | €2,974,677 | +€217,319 | +7.9% |
| Taxes, remuneration and social security | 45 | €169,921 | €214,093 | +€44,172 | +26.0% |
| Taxes | 450/3 | €1,564 | €39,667 | +€38,102 | +2436.1% |
| Remuneration and social security | 454/9 | €168,357 | €174,427 | +€6,069 | +3.6% |
| Other amounts payable | 47/48 | €337,415 | €252,779 | -€84,636 | -25.1% |
| Accrued charges and deferred income | 492/3 | €932,653 | €0 | -€932,653 | -100.0% |
| Remuneration, social security and pensions | 62 | €2,016,187 | €2,133,028 | +€116,841 | +5.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €334,439 | €357,455 | +€23,015 | +6.9% |
| Other operating charges | 640/8 | €11,113 | €28,248 | +€17,135 | +154.2% |
| Gross operating margin | 9900 | €2,573,677 | €2,728,237 | +€154,559 | +6.0% |
| Operating profit (loss) | 9901 | €211,939 | €209,507 | -€2,432 | -1.1% |
| Financial income | 75/76B | €2,216 | €16,601 | +€14,386 | +649.3% |
| Recurring financial income | 75 | €2,216 | €16,601 | +€14,386 | +649.3% |
| Financial charges | 65/66B | €159,505 | €167,958 | +€8,453 | +5.3% |
| Recurring financial charges | 65 | €159,505 | €167,958 | +€8,453 | +5.3% |
| Profit (loss) for the period before taxes | 9903 | €54,649 | €58,150 | +€3,501 | +6.4% |
| Income taxes | 67/77 | €40,863 | €19,164 | -€21,699 | -53.1% |
| Profit (loss) for the period | 9904 | €13,786 | €38,986 | +€25,200 | +182.8% |
| Profit (loss) for the period to be appropriated | 9905 | €13,786 | €38,986 | +€25,200 | +182.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.