METADO: 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.
METADO
Largest movements
- Cash -€32,673
down €32,673 (-8.1%), from €404,011 to €371,338
mainly Contributions, distributions and other (-€298,000) and Smaller working-capital items (-€499)
- Reserves -€203,561
down €203,561 (-41.6%), from €488,850 to €285,289
- Other debts +€171,388
up €171,388 (+131.3%), from €130,510 to €301,898
No income-statement line moved by more than 1% of the activity.
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 | €649,595 | €617,084 | -€32,511 | -5.0% |
| Current assets | 29/58 | €649,595 | €617,084 | -€32,511 | -5.0% |
| Amounts receivable within one year | 40/41 | €624 | €786 | +€161 | +25.9% |
| Other amounts receivable | 41 | €624 | €786 | +€161 | +25.9% |
| Current investments | 50/53 | €244,960 | €244,960 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €404,011 | €371,338 | -€32,673 | -8.1% |
| Total equity and liabilities | 10/49 | €649,595 | €617,084 | -€32,511 | -5.0% |
| Equity | 10/15 | €510,545 | €306,983 | -€203,561 | -39.9% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €488,850 | €285,289 | -€203,561 | -41.6% |
| Distributable reserves | 133 | €488,850 | €285,289 | -€203,561 | -41.6% |
| Profit (loss) carried forward | 14 | €13,635 | €13,635 | = | 0.0% |
| Amounts payable | 17/49 | €139,050 | €310,100 | +€171,050 | +123.0% |
| Amounts payable within one year | 42/48 | €138,720 | €310,100 | +€171,380 | +123.5% |
| Trade debts | 44 | €387 | €400 | +€12 | +3.2% |
| Suppliers | 440/4 | €387 | €400 | +€12 | +3.2% |
| Taxes, remuneration and social security | 45 | €7,823 | €7,803 | -€20 | -0.3% |
| Taxes | 450/3 | €7,823 | €7,803 | -€20 | -0.3% |
| Other amounts payable | 47/48 | €130,510 | €301,898 | +€171,388 | +131.3% |
| Accrued charges and deferred income | 492/3 | €330 | - | -€330 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €129 | - | -€129 | |
| Other operating charges | 640/8 | €387 | €412 | +€25 | +6.4% |
| Gross operating margin | 9900 | €141,117 | €140,194 | -€923 | -0.7% |
| Operating profit (loss) | 9901 | €140,602 | €139,782 | -€820 | -0.6% |
| Financial charges | 65/66B | €1,408 | €1,129 | -€279 | -19.8% |
| Recurring financial charges | 65 | €1,408 | €1,129 | -€279 | -19.8% |
| Profit (loss) for the period before taxes | 9903 | €139,193 | €138,653 | -€540 | -0.4% |
| Income taxes | 67/77 | €44,417 | €44,214 | -€203 | -0.5% |
| Profit (loss) for the period | 9904 | €94,776 | €94,439 | -€337 | -0.4% |
| Profit (loss) for the period to be appropriated | 9905 | €94,776 | €94,439 | -€337 | -0.4% |
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 6 October 2026 via checked.be.