METAGE: 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.
METAGE
Largest movements
- Receivables within one year +€105,866
up €105,866 (+133.4%), from €79,350 to €185,216
of which Other amounts receivable: +€58,001
- Cash +€6,432
up €6,432 (+142.7%), from €4,508 to €10,940
mainly Advances received (+€39,000) and Net result for the year (+€28,043)
- Tangible fixed assets -€3,006
down €3,006 (-20.4%), from €14,715 to €11,709
- Deferred charges and accrued income -€2,792
down €2,792 (-100.0%), from €2,792 to €0
- Advances received +€39,000
new in 2024: €39,000
- Reserves +€28,043
up €28,043 (+39.1%), from €71,679 to €99,722
- Tax, wage and social debts +€26,647
up €26,647 (+90.9%), from €29,306 to €55,954
of which Remuneration and social security: +€22,816
- Trade debts +€14,584
up €14,584 (+93.6%), from €15,580 to €30,163
- Gross operating margin -€66,848
down €66,848 (-59.4%), from €112,461 to €45,613
- Taxes -€10,890
down €10,890 (-49.5%), from €22,014 to €11,124
- Depreciation +€2,693
up €2,693 (+860.5%), from €313 to €3,006
- Financial income +€1,286
up €1,286 (+99.4%), from €1,294 to €2,580
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €137,416 | €244,997 | +€107,581 | +78.3% |
| Fixed assets | 21/28 | €14,715 | €11,709 | -€3,006 | -20.4% |
| Tangible fixed assets | 22/27 | €14,715 | €11,709 | -€3,006 | -20.4% |
| Furniture and vehicles | 24 | €14,715 | €11,709 | -€3,006 | -20.4% |
| Current assets | 29/58 | €122,700 | €233,287 | +€110,587 | +90.1% |
| Amounts receivable after more than one year | 29 | €36,050 | €37,132 | +€1,082 | +3.0% |
| Other amounts receivable | 291 | €36,050 | €37,132 | +€1,082 | +3.0% |
| Amounts receivable within one year | 40/41 | €79,350 | €185,216 | +€105,866 | +133.4% |
| Trade receivables | 40 | €70,180 | €118,045 | +€47,865 | +68.2% |
| Other amounts receivable | 41 | €9,170 | €67,171 | +€58,001 | +632.5% |
| Cash at bank and in hand | 54/58 | €4,508 | €10,940 | +€6,432 | +142.7% |
| Deferred charges and accrued income | 490/1 | €2,792 | €0 | -€2,792 | -100.0% |
| Total equity and liabilities | 10/49 | €137,416 | €244,997 | +€107,581 | +78.3% |
| Equity | 10/15 | €76,679 | €104,722 | +€28,043 | +36.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €71,679 | €99,722 | +€28,043 | +39.1% |
| Distributable reserves | 133 | €71,679 | €99,722 | +€28,043 | +39.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €60,737 | €140,275 | +€79,538 | +131.0% |
| Amounts payable within one year | 42/48 | €60,737 | €140,275 | +€79,538 | +131.0% |
| Financial debts | 43 | €851 | €157 | -€693 | -81.5% |
| Credit institutions | 430/8 | €851 | €157 | -€693 | -81.5% |
| Trade debts | 44 | €15,580 | €30,163 | +€14,584 | +93.6% |
| Suppliers | 440/4 | €15,580 | €30,163 | +€14,584 | +93.6% |
| Advances received on contracts in progress | 46 | - | €39,000 | +€39,000 | |
| Taxes, remuneration and social security | 45 | €29,306 | €55,954 | +€26,647 | +90.9% |
| Taxes | 450/3 | €29,306 | €33,138 | +€3,832 | +13.1% |
| Remuneration and social security | 454/9 | - | €22,816 | +€22,816 | |
| Other amounts payable | 47/48 | €15,000 | €15,000 | = | 0.0% |
| Remuneration, social security and pensions | 62 | - | €161 | +€161 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €313 | €3,006 | +€2,693 | +860.5% |
| Other operating charges | 640/8 | €4,513 | €4,664 | +€151 | +3.4% |
| Gross operating margin | 9900 | €112,461 | €45,613 | -€66,848 | -59.4% |
| Operating profit (loss) | 9901 | €107,635 | €37,782 | -€69,853 | -64.9% |
| Financial income | 75/76B | €1,294 | €2,580 | +€1,286 | +99.4% |
| Recurring financial income | 75 | €1,294 | €2,580 | +€1,286 | +99.4% |
| Financial charges | 65/66B | €236 | €1,195 | +€959 | +406.2% |
| Recurring financial charges | 65 | €236 | €1,195 | +€959 | +406.2% |
| Profit (loss) for the period before taxes | 9903 | €108,693 | €39,167 | -€69,526 | -64.0% |
| Income taxes | 67/77 | €22,014 | €11,124 | -€10,890 | -49.5% |
| Profit (loss) for the period | 9904 | €86,679 | €28,043 | -€58,636 | -67.6% |
| Profit (loss) for the period to be appropriated | 9905 | €86,679 | €28,043 | -€58,636 | -67.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.