METAFIL: 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.
METAFIL
Largest movements
- Receivables within one year +€77,118
up €77,118 (+38.7%), from €199,519 to €276,637
of which Trade receivables: +€85,594
- Stocks and contracts -€44,981
down €44,981 (-30.1%), from €149,474 to €104,492
of which Contracts in progress: -€30,000
- Tangible fixed assets -€16,299
down €16,299 (-9.9%), from €164,014 to €147,716
of which Furniture and vehicles: -€24,377
- Debts after one year +€78,629
up €78,629 (+33.1%), from €237,784 to €316,413
- Other debts -€51,014
down €51,014 (-85.3%), from €59,802 to €8,788
- Trade debts -€22,629
down €22,629 (-41.8%), from €54,119 to €31,490
- Reserves +€8,741
up €8,741 (+7.4%), from €117,353 to €126,094
- Gross operating margin -€99,183
down €99,183 (-42.0%), from €236,171 to €136,988
- Staff costs -€90,113
down €90,113 (-58.1%), from €155,111 to €64,997
- Depreciation -€10,339
down €10,339 (-16.4%), from €63,081 to €52,741
- Financial charges -€5,282
down €5,282 (-52.6%), from €10,033 to €4,751
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 | €526,404 | €538,161 | +€11,757 | +2.2% |
| Fixed assets | 21/28 | €164,054 | €147,756 | -€16,299 | -9.9% |
| Tangible fixed assets | 22/27 | €164,014 | €147,716 | -€16,299 | -9.9% |
| Plant, machinery and equipment | 23 | €79,416 | €87,781 | +€8,366 | +10.5% |
| Furniture and vehicles | 24 | €82,181 | €57,804 | -€24,377 | -29.7% |
| Other tangible fixed assets | 26 | €2,418 | €2,130 | -€288 | -11.9% |
| Financial fixed assets | 28 | €40 | €40 | = | 0.0% |
| Current assets | 29/58 | €362,350 | €390,405 | +€28,055 | +7.7% |
| Stocks and contracts in progress | 3 | €149,474 | €104,492 | -€44,981 | -30.1% |
| Stocks | 30/36 | €119,474 | €104,492 | -€14,981 | -12.5% |
| Contracts in progress | 37 | €30,000 | €0 | -€30,000 | -100% |
| Amounts receivable within one year | 40/41 | €199,519 | €276,637 | +€77,118 | +38.7% |
| Trade receivables | 40 | €191,043 | €276,637 | +€85,594 | +44.8% |
| Other amounts receivable | 41 | €8,476 | €0 | -€8,476 | -100% |
| Cash at bank and in hand | 54/58 | €5,143 | €1,909 | -€3,234 | -62.9% |
| Deferred charges and accrued income | 490/1 | €8,215 | €7,367 | -€848 | -10.3% |
| Total equity and liabilities | 10/49 | €526,404 | €538,161 | +€11,757 | +2.2% |
| Equity | 10/15 | €129,753 | €138,494 | +€8,741 | +6.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €117,353 | €126,094 | +€8,741 | +7.4% |
| Distributable reserves | 133 | €117,353 | €126,094 | +€8,741 | +7.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €396,651 | €399,667 | +€3,016 | +0.8% |
| Amounts payable after more than one year | 17 | €237,784 | €316,413 | +€78,629 | +33.1% |
| Financial debts | 170/4 | €237,784 | €316,413 | +€78,629 | +33.1% |
| Amounts payable within one year | 42/48 | €158,867 | €82,982 | -€75,886 | -47.8% |
| Current portion of amounts payable after more than one year | 42 | €25,686 | €24,724 | -€963 | -3.7% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €54,119 | €31,490 | -€22,629 | -41.8% |
| Suppliers | 440/4 | €54,119 | €31,490 | -€22,629 | -41.8% |
| Taxes, remuneration and social security | 45 | €19,260 | €17,980 | -€1,280 | -6.6% |
| Taxes | 450/3 | €7,976 | €6,822 | -€1,154 | -14.5% |
| Remuneration and social security | 454/9 | €11,284 | €11,158 | -€126 | -1.1% |
| Other amounts payable | 47/48 | €59,802 | €8,788 | -€51,014 | -85.3% |
| Accrued charges and deferred income | 492/3 | - | €272 | +€272 | |
| Remuneration, social security and pensions | 62 | €155,111 | €64,997 | -€90,113 | -58.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,081 | €52,741 | -€10,339 | -16.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €743 | €0 | -€743 | -100% |
| Other operating charges | 640/8 | €2,092 | €2,255 | +€164 | +7.8% |
| Gross operating margin | 9900 | €236,171 | €136,988 | -€99,183 | -42.0% |
| Operating profit (loss) | 9901 | €15,145 | €16,994 | +€1,849 | +12.2% |
| Financial income | 75/76B | €50 | €527 | +€477 | +964% |
| Recurring financial income | 75 | €50 | €527 | +€477 | +964% |
| Financial charges | 65/66B | €10,033 | €4,751 | -€5,282 | -52.6% |
| Recurring financial charges | 65 | €10,033 | €4,751 | -€5,282 | -52.6% |
| Profit (loss) for the period before taxes | 9903 | €5,161 | €12,770 | +€7,608 | +147% |
| Income taxes | 67/77 | €2,245 | €4,029 | +€1,784 | +79.4% |
| Profit (loss) for the period | 9904 | €2,916 | €8,741 | +€5,824 | +200% |
| Profit (loss) for the period to be appropriated | 9905 | €2,916 | €8,741 | +€5,824 | +200% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.