Metalab: 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.
Metalab
Largest movements
- Current investments -€360,963
down €360,963 (-6.3%), from €5.7m to €5.3m
- Other debts -€501,006
no longer reported in 2025 (was €501,006)
- Reserves +€123,611
up €123,611 (+5.2%), from €2.4m to €2.5m
- Gross operating margin -€38,974
down €38,974 (-66.5%), from €58,635 to €19,660
- Financial charges +€31,647
up €31,647 (+1933.2%), from €1,637 to €33,284
- Taxes -€25,267
down €25,267 (-47.5%), from €53,227 to €27,960
- Financial income -€9,634
down €9,634 (-4.6%), from €207,659 to €198,025
- Depreciation +€4,879
up €4,879 (+28.6%), from €17,072 to €21,951
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 | €6,813,329 | €6,429,432 | -€383,897 | -5.6% |
| Fixed assets | 21/28 | €85,875 | €63,924 | -€21,951 | -25.6% |
| Tangible fixed assets | 22/27 | €85,875 | €63,924 | -€21,951 | -25.6% |
| Furniture and vehicles | 24 | €85,875 | €63,924 | -€21,951 | -25.6% |
| Current assets | 29/58 | €6,727,454 | €6,365,508 | -€361,946 | -5.4% |
| Amounts receivable within one year | 40/41 | €875,500 | €894,450 | +€18,950 | +2.2% |
| Trade receivables | 40 | €9,500 | - | -€9,500 | |
| Other amounts receivable | 41 | €866,000 | €894,450 | +€28,450 | +3.3% |
| Current investments | 50/53 | €5,699,470 | €5,338,507 | -€360,963 | -6.3% |
| Cash at bank and in hand | 54/58 | €148,860 | €131,190 | -€17,670 | -11.9% |
| Deferred charges and accrued income | 490/1 | €3,624 | €1,361 | -€2,263 | -62.5% |
| Total equity and liabilities | 10/49 | €6,813,329 | €6,429,432 | -€383,897 | -5.6% |
| Equity | 10/15 | €6,286,299 | €6,409,910 | +€123,611 | +2.0% |
| Contributions | 10/11 | €3,902,000 | €3,902,000 | = | 0.0% |
| Reserves | 13 | €2,384,299 | €2,507,910 | +€123,611 | +5.2% |
| Distributable reserves | 133 | €2,384,299 | €2,507,910 | +€123,611 | +5.2% |
| Amounts payable | 17/49 | €527,030 | €19,522 | -€507,508 | -96.3% |
| Amounts payable within one year | 42/48 | €527,030 | €19,522 | -€507,508 | -96.3% |
| Trade debts | 44 | €14,874 | €16,922 | +€2,048 | +13.8% |
| Suppliers | 440/4 | €14,874 | €16,922 | +€2,048 | +13.8% |
| Taxes, remuneration and social security | 45 | €11,150 | €2,600 | -€8,550 | -76.7% |
| Taxes | 450/3 | €11,150 | €2,600 | -€8,550 | -76.7% |
| Other amounts payable | 47/48 | €501,006 | - | -€501,006 | |
| Non-recurring operating income | 76A | €21,350 | - | -€21,350 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,072 | €21,951 | +€4,879 | +28.6% |
| Other operating charges | 640/8 | €10,217 | €10,879 | +€663 | +6.5% |
| Gross operating margin | 9900 | €58,635 | €19,660 | -€38,974 | -66.5% |
| Operating profit (loss) | 9901 | €31,346 | -€13,170 | -€44,516 | |
| Financial income | 75/76B | €207,659 | €198,025 | -€9,634 | -4.6% |
| Recurring financial income | 75 | €207,659 | €198,025 | -€9,634 | -4.6% |
| Financial charges | 65/66B | €1,637 | €33,284 | +€31,647 | +1933.2% |
| Recurring financial charges | 65 | €1,637 | €33,284 | +€31,647 | +1933.2% |
| Profit (loss) for the period before taxes | 9903 | €237,368 | €151,571 | -€85,797 | -36.1% |
| Income taxes | 67/77 | €53,227 | €27,960 | -€25,267 | -47.5% |
| Profit (loss) for the period | 9904 | €184,141 | €123,611 | -€60,530 | -32.9% |
| Profit (loss) for the period to be appropriated | 9905 | €184,141 | €123,611 | -€60,530 | -32.9% |
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 9 October 2026 via checked.be.