METACONS: 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.
METACONS
Largest movements
- Cash -€29,804
down €29,804 (-47.4%), from €62,887 to €33,083
mainly Net result for the year (-€25,774) and Investment in fixed assets (net) (-€8,000)
- Profit (loss) carried forward -€25,774
down €25,774 (-31.2%), from -€82,739 to -€108,512
- Debts after one year -€5,582
down €5,582 (-5.4%), from €103,742 to €98,160
- Trade debts +€3,477
up €3,477 (+773%), from €450 to €3,926
- Gross operating margin -€69,489
down €69,489, from €55,168 to -€14,321
- Financial charges -€3,886
down €3,886 (-61.0%), from €6,367 to €2,481
- Other operating charges -€2,571
down €2,571 (-57.8%), from €4,445 to €1,874
- Depreciation +€607
up €607 (+9.4%), from €6,490 to €7,098
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 | €269,064 | €241,373 | -€27,691 | -10.3% |
| Fixed assets | 21/28 | €166,973 | €167,875 | +€902 | +0.5% |
| Tangible fixed assets | 22/27 | €166,973 | €167,875 | +€902 | +0.5% |
| Land and buildings | 22 | €157,539 | €158,441 | +€902 | +0.6% |
| Other tangible fixed assets | 26 | €9,434 | €9,434 | = | 0.0% |
| Current assets | 29/58 | €102,091 | €73,498 | -€28,594 | -28.0% |
| Amounts receivable within one year | 40/41 | €28,350 | €28,350 | = | 0.0% |
| Trade receivables | 40 | €8,618 | €8,618 | = | 0.0% |
| Other amounts receivable | 41 | €19,732 | €19,732 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €62,887 | €33,083 | -€29,804 | -47.4% |
| Deferred charges and accrued income | 490/1 | €10,855 | €12,065 | +€1,210 | +11.1% |
| Total equity and liabilities | 10/49 | €269,064 | €241,373 | -€27,691 | -10.3% |
| Equity | 10/15 | €114,455 | €88,681 | -€25,774 | -22.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €190,993 | €190,993 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €189,133 | €189,133 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€82,739 | -€108,512 | -€25,774 | -31.2% |
| Amounts payable | 17/49 | €154,609 | €152,692 | -€1,918 | -1.2% |
| Amounts payable after more than one year | 17 | €103,742 | €98,160 | -€5,582 | -5.4% |
| Financial debts | 170/4 | €103,742 | €98,160 | -€5,582 | -5.4% |
| Amounts payable within one year | 42/48 | €50,867 | €54,532 | +€3,664 | +7.2% |
| Current portion of amounts payable after more than one year | 42 | €5,462 | €5,582 | +€120 | +2.2% |
| Trade debts | 44 | €450 | €3,926 | +€3,477 | +773% |
| Suppliers | 440/4 | €450 | €3,926 | +€3,477 | +773% |
| Taxes, remuneration and social security | 45 | €271 | €271 | = | 0.0% |
| Taxes | 450/3 | €271 | €271 | = | 0.0% |
| Other amounts payable | 47/48 | €44,685 | €44,752 | +€67 | +0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,490 | €7,098 | +€607 | +9.4% |
| Other operating charges | 640/8 | €4,445 | €1,874 | -€2,571 | -57.8% |
| Gross operating margin | 9900 | €55,168 | -€14,321 | -€69,489 | |
| Operating profit (loss) | 9901 | €44,232 | -€23,292 | -€67,525 | |
| Financial income | 75/76B | €50 | - | -€50 | |
| Recurring financial income | 75 | €50 | - | -€50 | |
| Financial charges | 65/66B | €6,367 | €2,481 | -€3,886 | -61.0% |
| Recurring financial charges | 65 | €6,367 | €2,481 | -€3,886 | -61.0% |
| Profit (loss) for the period before taxes | 9903 | €37,915 | -€25,774 | -€63,689 | |
| Profit (loss) for the period | 9904 | €37,915 | -€25,774 | -€63,689 | |
| Profit (loss) for the period to be appropriated | 9905 | €37,915 | -€25,774 | -€63,689 |
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 13 October 2026 via checked.be.