METAG: 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.
METAG
Largest movements
- Tangible fixed assets +€361,050
new in 2025: €361,050
- Receivables within one year -€30,202
down €30,202 (-98.4%), from €30,702 to €500
- Deferred charges and accrued income +€4,950
new in 2025: €4,950
- Debts after one year +€303,506
new in 2025: €303,506
- Other debts +€97,763
up €97,763 (+2,003%), from €4,881 to €102,644
- Profit (loss) carried forward -€78,195
down €78,195 (-2,082%), from -€3,755 to -€81,950
- Current portion of long-term debt +€13,567
new in 2025: €13,567
- Depreciation +€77,046
new in 2025: €77,046
- Gross operating margin +€15,206
up €15,206, from -€1,010 to €14,196
- Financial charges +€14,499
new in 2025: €14,499
- Other operating charges +€846
new in 2025: €846
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 | €31,340 | €367,767 | +€336,427 | +1,073% |
| Fixed assets | 21/28 | - | €361,050 | +€361,050 | |
| Tangible fixed assets | 22/27 | - | €361,050 | +€361,050 | |
| Land and buildings | 22 | - | €361,050 | +€361,050 | |
| Current assets | 29/58 | €31,340 | €6,718 | -€24,622 | -78.6% |
| Amounts receivable within one year | 40/41 | €30,702 | €500 | -€30,202 | -98.4% |
| Other amounts receivable | 41 | €30,702 | €500 | -€30,202 | -98.4% |
| Cash at bank and in hand | 54/58 | €638 | €1,268 | +€630 | +98.7% |
| Deferred charges and accrued income | 490/1 | - | €4,950 | +€4,950 | |
| Total equity and liabilities | 10/49 | €31,340 | €367,767 | +€336,427 | +1,073% |
| Equity | 10/15 | €26,245 | -€51,950 | -€78,195 | |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,755 | -€81,950 | -€78,195 | -2,082% |
| Amounts payable | 17/49 | €5,095 | €419,717 | +€414,622 | +8,138% |
| Amounts payable after more than one year | 17 | - | €303,506 | +€303,506 | |
| Financial debts | 170/4 | - | €303,506 | +€303,506 | |
| Amounts payable within one year | 42/48 | €5,095 | €116,212 | +€111,116 | +2,181% |
| Current portion of amounts payable after more than one year | 42 | - | €13,567 | +€13,567 | |
| Trade debts | 44 | €214 | - | -€214 | |
| Suppliers | 440/4 | €214 | - | -€214 | |
| Other amounts payable | 47/48 | €4,881 | €102,644 | +€97,763 | +2,003% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €77,046 | +€77,046 | |
| Other operating charges | 640/8 | - | €846 | +€846 | |
| Gross operating margin | 9900 | -€1,010 | €14,196 | +€15,206 | |
| Operating profit (loss) | 9901 | -€1,010 | -€63,696 | -€62,687 | -6,209% |
| Financial charges | 65/66B | - | €14,499 | +€14,499 | |
| Recurring financial charges | 65 | - | €14,499 | +€14,499 | |
| Profit (loss) for the period before taxes | 9903 | -€1,010 | -€78,195 | -€77,185 | -7,645% |
| Profit (loss) for the period | 9904 | -€1,010 | -€78,195 | -€77,185 | -7,645% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,010 | -€78,195 | -€77,185 | -7,645% |
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 28 October 2026 via checked.be.