METAFORA: 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.
METAFORA
Largest movements
- Cash +€3,425
up €3,425 (+107.8%), from €3,178 to €6,603
mainly Trade debts (+€2,810) and Net result for the year (+€2,804)
- Receivables within one year -€1,844
down €1,844 (-7.6%), from €24,351 to €22,507
of which Other amounts receivable: -€2,363
- Short-term financial debts -€3,000
no longer reported in 2025 (was €3,000)
- Trade debts +€2,810
up €2,810 (+201.7%), from €1,393 to €4,203
- Profit (loss) carried forward +€2,805
up €2,805 (+32.5%), from -€8,642 to -€5,837
- Tax, wage and social debts -€780
down €780 (-65.3%), from €1,195 to €415
- Gross operating margin +€19,346
up €19,346, from -€16,090 to €3,256
- Financial income -€1,365
no longer reported in 2025 (was €1,365)
of which Financial income: -€1,365
- Depreciation -€871
down €871 (-82.8%), from €1,052 to €181
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 | €27,630 | €29,465 | +€1,835 | +6.6% |
| Fixed assets | 21/28 | €101 | €355 | +€254 | +251.5% |
| Tangible fixed assets | 22/27 | €101 | €355 | +€254 | +251.5% |
| Plant, machinery and equipment | 23 | €101 | €355 | +€254 | +251.5% |
| Current assets | 29/58 | €27,529 | €29,110 | +€1,581 | +5.7% |
| Amounts receivable within one year | 40/41 | €24,351 | €22,507 | -€1,844 | -7.6% |
| Trade receivables | 40 | €3,083 | €3,602 | +€519 | +16.8% |
| Other amounts receivable | 41 | €21,268 | €18,905 | -€2,363 | -11.1% |
| Cash at bank and in hand | 54/58 | €3,178 | €6,603 | +€3,425 | +107.8% |
| Total equity and liabilities | 10/49 | €27,630 | €29,465 | +€1,835 | +6.6% |
| Equity | 10/15 | €22,042 | €24,847 | +€2,805 | +12.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €12,084 | €12,084 | = | 0.0% |
| Distributable reserves | 133 | €12,084 | €12,084 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,642 | -€5,837 | +€2,805 | +32.5% |
| Amounts payable | 17/49 | €5,588 | €4,618 | -€970 | -17.4% |
| Amounts payable within one year | 42/48 | €5,588 | €4,618 | -€970 | -17.4% |
| Financial debts | 43 | €3,000 | - | -€3,000 | |
| Credit institutions | 430/8 | €3,000 | - | -€3,000 | |
| Trade debts | 44 | €1,393 | €4,203 | +€2,810 | +201.7% |
| Suppliers | 440/4 | €1,393 | €4,203 | +€2,810 | +201.7% |
| Taxes, remuneration and social security | 45 | €1,195 | €415 | -€780 | -65.3% |
| Taxes | 450/3 | €1,195 | €415 | -€780 | -65.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,052 | €181 | -€871 | -82.8% |
| Other operating charges | 640/8 | €165 | €120 | -€45 | -27.3% |
| Gross operating margin | 9900 | -€16,090 | €3,256 | +€19,346 | |
| Operating profit (loss) | 9901 | -€17,307 | €2,955 | +€20,262 | |
| Financial income | 75/76B | €1,365 | - | -€1,365 | |
| Recurring financial income | 75 | €1,365 | - | -€1,365 | |
| Non-recurring financial income | 76B | €1,365 | - | -€1,365 | |
| Financial charges | 65/66B | €193 | €151 | -€42 | -21.8% |
| Recurring financial charges | 65 | €193 | €151 | -€42 | -21.8% |
| Profit (loss) for the period before taxes | 9903 | -€16,135 | €2,804 | +€18,939 | |
| Profit (loss) for the period | 9904 | -€16,135 | €2,804 | +€18,939 | |
| Profit (loss) for the period to be appropriated | 9905 | -€16,135 | €2,804 | +€18,939 |
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 12 October 2026 via checked.be.