Metalight: 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.
Metalight
Largest movements
- Cash +€41,241
up €41,241 (+55.5%), from €74,273 to €115,514
mainly Net result for the year (+€43,393) and Receivables within one year (+€10,615)
- Receivables within one year -€10,615
down €10,615 (-29.8%), from €35,673 to €25,059
of which Trade receivables: -€9,651
- Tangible fixed assets -€2,749
down €2,749 (-49.9%), from €5,506 to €2,757
- Deferred charges and accrued income +€1,564
new in 2025: €1,564
- Reserves +€43,393
up €43,393 (+57.9%), from €74,905 to €118,298
of which Distributable reserves: +€43,393
- Accrued charges and deferred income -€12,791
down €12,791 (-91.5%), from €13,985 to €1,194
- Other debts -€5,261
no longer reported in 2025 (was €5,261)
- Tax, wage and social debts +€2,253
up €2,253 (+83.4%), from €2,700 to €4,954
of which Taxes: +€3,753
- Trade debts +€1,848
new in 2025: €1,848
- Gross operating margin +€36,270
up €36,270 (+149.7%), from €24,222 to €60,492
- Taxes +€13,208
up €13,208 (+245.9%), from €5,371 to €18,579
- Financial income +€7,728
up €7,728 (+575.7%), from €1,342 to €9,071
- Staff costs -€1,654
down €1,654 (-45.1%), from €3,670 to €2,015
- Other operating charges +€1,599
up €1,599 (+161.1%), from €992 to €2,591
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 | €115,452 | €144,893 | +€29,442 | +25.5% |
| Fixed assets | 21/28 | €5,506 | €2,757 | -€2,749 | -49.9% |
| Tangible fixed assets | 22/27 | €5,506 | €2,757 | -€2,749 | -49.9% |
| Plant, machinery and equipment | 23 | €5,506 | €2,757 | -€2,749 | -49.9% |
| Current assets | 29/58 | €109,946 | €142,137 | +€32,191 | +29.3% |
| Amounts receivable within one year | 40/41 | €35,673 | €25,059 | -€10,615 | -29.8% |
| Trade receivables | 40 | €27,482 | €17,831 | -€9,651 | -35.1% |
| Other amounts receivable | 41 | €8,192 | €7,227 | -€964 | -11.8% |
| Cash at bank and in hand | 54/58 | €74,273 | €115,514 | +€41,241 | +55.5% |
| Deferred charges and accrued income | 490/1 | - | €1,564 | +€1,564 | |
| Total equity and liabilities | 10/49 | €115,452 | €144,893 | +€29,442 | +25.5% |
| Equity | 10/15 | €93,505 | €136,898 | +€43,393 | +46.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €74,905 | €118,298 | +€43,393 | +57.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €73,045 | €116,438 | +€43,393 | +59.4% |
| Amounts payable | 17/49 | €21,946 | €7,996 | -€13,951 | -63.6% |
| Amounts payable within one year | 42/48 | €7,962 | €6,802 | -€1,160 | -14.6% |
| Trade debts | 44 | - | €1,848 | +€1,848 | |
| Suppliers | 440/4 | - | €1,848 | +€1,848 | |
| Taxes, remuneration and social security | 45 | €2,700 | €4,954 | +€2,253 | +83.4% |
| Taxes | 450/3 | €1,200 | €4,954 | +€3,753 | +312.7% |
| Remuneration and social security | 454/9 | €1,500 | - | -€1,500 | |
| Other amounts payable | 47/48 | €5,261 | - | -€5,261 | |
| Accrued charges and deferred income | 492/3 | €13,985 | €1,194 | -€12,791 | -91.5% |
| Remuneration, social security and pensions | 62 | €3,670 | €2,015 | -€1,654 | -45.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,132 | €2,749 | -€383 | -12.2% |
| Other operating charges | 640/8 | €992 | €2,591 | +€1,599 | +161.1% |
| Gross operating margin | 9900 | €24,222 | €60,492 | +€36,270 | +149.7% |
| Operating profit (loss) | 9901 | €16,428 | €53,137 | +€36,709 | +223.4% |
| Financial income | 75/76B | €1,342 | €9,071 | +€7,728 | +575.7% |
| Recurring financial income | 75 | €1,342 | €9,071 | +€7,728 | +575.7% |
| Financial charges | 65/66B | €374 | €237 | -€137 | -36.7% |
| Recurring financial charges | 65 | €374 | €237 | -€137 | -36.7% |
| Profit (loss) for the period before taxes | 9903 | €17,397 | €61,971 | +€44,575 | +256.2% |
| Income taxes | 67/77 | €5,371 | €18,579 | +€13,208 | +245.9% |
| Profit (loss) for the period | 9904 | €12,026 | €43,393 | +€31,367 | +260.8% |
| Profit (loss) for the period to be appropriated | 9905 | €12,026 | €43,393 | +€31,367 | +260.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.