META4.BE: 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.
META4.BE
Largest movements
- Receivables within one year -€30,221
down €30,221 (-25.7%), from €117,417 to €87,196
of which Trade receivables: -€36,671
- Cash +€5,439
up €5,439 (+55.0%), from €9,888 to €15,327
mainly Receivables within one year (+€30,221) and Net result for the year (+€12,705)
- Tangible fixed assets -€4,871
down €4,871 (-21.4%), from €22,766 to €17,896
of which Furniture and vehicles: -€5,473
- Trade debts -€33,521
down €33,521 (-58.9%), from €56,891 to €23,370
- Profit (loss) carried forward +€12,705
up €12,705, from -€5,407 to €7,298
- Debts after one year -€7,561
down €7,561 (-74.2%), from €10,186 to €2,625
- Advances received -€7,000
down €7,000 (-43.8%), from €16,000 to €9,000
- Tax, wage and social debts +€5,269
up €5,269 (+7.8%), from €67,491 to €72,760
of which Taxes: +€9,477
- Gross operating margin +€24,414
up €24,414 (+20.2%), from €120,954 to €145,369
- Staff costs -€7,304
down €7,304 (-6.5%), from €113,176 to €105,872
- Financial charges +€5,531
up €5,531 (+78.7%), from €7,026 to €12,557
- Taxes +€4,710
up €4,710 (+206.4%), from €2,282 to €6,992
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 | €153,456 | €123,736 | -€29,720 | -19.4% |
| Fixed assets | 21/28 | €24,866 | €19,996 | -€4,871 | -19.6% |
| Tangible fixed assets | 22/27 | €22,766 | €17,896 | -€4,871 | -21.4% |
| Plant, machinery and equipment | 23 | €1,895 | €2,496 | +€602 | +31.8% |
| Furniture and vehicles | 24 | €20,872 | €15,399 | -€5,473 | -26.2% |
| Financial fixed assets | 28 | €2,100 | €2,100 | = | 0.0% |
| Current assets | 29/58 | €128,590 | €103,740 | -€24,850 | -19.3% |
| Amounts receivable within one year | 40/41 | €117,417 | €87,196 | -€30,221 | -25.7% |
| Trade receivables | 40 | €61,422 | €24,751 | -€36,671 | -59.7% |
| Other amounts receivable | 41 | €55,995 | €62,445 | +€6,449 | +11.5% |
| Cash at bank and in hand | 54/58 | €9,888 | €15,327 | +€5,439 | +55.0% |
| Deferred charges and accrued income | 490/1 | €1,285 | €1,217 | -€68 | -5.3% |
| Total equity and liabilities | 10/49 | €153,456 | €123,736 | -€29,720 | -19.4% |
| Equity | 10/15 | -€5,407 | €7,298 | +€12,705 | |
| Profit (loss) carried forward | 14 | -€5,407 | €7,298 | +€12,705 | |
| Amounts payable | 17/49 | €158,863 | €116,438 | -€42,425 | -26.7% |
| Amounts payable after more than one year | 17 | €10,186 | €2,625 | -€7,561 | -74.2% |
| Financial debts | 170/4 | €10,186 | €2,625 | -€7,561 | -74.2% |
| Amounts payable within one year | 42/48 | €148,677 | €113,813 | -€34,864 | -23.4% |
| Current portion of amounts payable after more than one year | 42 | €7,111 | €7,561 | +€450 | +6.3% |
| Financial debts | 43 | €1,184 | €1,122 | -€63 | -5.3% |
| Credit institutions | 430/8 | €1,184 | €1,122 | -€63 | -5.3% |
| Trade debts | 44 | €56,891 | €23,370 | -€33,521 | -58.9% |
| Suppliers | 440/4 | €56,891 | €23,370 | -€33,521 | -58.9% |
| Advances received on contracts in progress | 46 | €16,000 | €9,000 | -€7,000 | -43.8% |
| Taxes, remuneration and social security | 45 | €67,491 | €72,760 | +€5,269 | +7.8% |
| Taxes | 450/3 | €44,565 | €54,042 | +€9,477 | +21.3% |
| Remuneration and social security | 454/9 | €22,926 | €18,718 | -€4,208 | -18.4% |
| Remuneration, social security and pensions | 62 | €113,176 | €105,872 | -€7,304 | -6.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,264 | €6,979 | +€715 | +11.4% |
| Other operating charges | 640/8 | €2,251 | €3,550 | +€1,300 | +57.7% |
| Gross operating margin | 9900 | €120,954 | €145,369 | +€24,414 | +20.2% |
| Operating profit (loss) | 9901 | -€736 | €28,967 | +€29,704 | |
| Financial income | 75/76B | €2,520 | €3,287 | +€767 | +30.4% |
| Recurring financial income | 75 | €2,520 | €3,287 | +€767 | +30.4% |
| Financial charges | 65/66B | €7,026 | €12,557 | +€5,531 | +78.7% |
| Recurring financial charges | 65 | €7,026 | €12,557 | +€5,531 | +78.7% |
| Profit (loss) for the period before taxes | 9903 | -€5,242 | €19,697 | +€24,939 | |
| Income taxes | 67/77 | €2,282 | €6,992 | +€4,710 | +206.4% |
| Profit (loss) for the period | 9904 | -€7,524 | €12,705 | +€20,229 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,524 | €12,705 | +€20,229 |
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 30 September 2026 via checked.be.