METALOGUE: 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.
METALOGUE
Largest movements
- Cash -€13,563
down €13,563 (-42.9%), from €31,633 to €18,070
mainly Contributions, distributions and other (-€83,623) and Receivables within one year (-€8,670)
- Receivables within one year +€8,670
up €8,670 (+7.3%), from €119,298 to €127,968
- Reserves -€83,623
down €83,623 (-97.8%), from €85,483 to €1,860
of which Distributable reserves: -€83,623
- Other debts +€58,239
up €58,239 (+229%), from €25,384 to €83,623
- Profit (loss) carried forward +€18,137
up €18,137 (+67.9%), from €26,722 to €44,859
- Tax, wage and social debts +€3,542
up €3,542 (+20.6%), from €17,200 to €20,742
- Gross operating margin -€7,482
down €7,482 (-22.8%), from €32,865 to €25,383
- Taxes +€1,580
up €1,580 (+15.1%), from €10,441 to €12,020
- Financial income +€1,278
up €1,278 (+23.6%), from €5,426 to €6,704
- Depreciation -€617
down €617 (-57.4%), from €1,075 to €457
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 | €162,754 | €158,788 | -€3,966 | -2.4% |
| Fixed assets | 21/28 | €3,792 | €3,335 | -€457 | -12.1% |
| Tangible fixed assets | 22/27 | €3,672 | €3,215 | -€457 | -12.5% |
| Furniture and vehicles | 24 | €772 | €315 | -€457 | -59.2% |
| Other tangible fixed assets | 26 | €2,900 | €2,900 | = | 0.0% |
| Financial fixed assets | 28 | €120 | €120 | = | 0.0% |
| Current assets | 29/58 | €158,962 | €155,454 | -€3,508 | -2.2% |
| Amounts receivable within one year | 40/41 | €119,298 | €127,968 | +€8,670 | +7.3% |
| Other amounts receivable | 41 | €119,298 | €127,968 | +€8,670 | +7.3% |
| Cash at bank and in hand | 54/58 | €31,633 | €18,070 | -€13,563 | -42.9% |
| Deferred charges and accrued income | 490/1 | €8,031 | €9,416 | +€1,384 | +17.2% |
| Total equity and liabilities | 10/49 | €162,754 | €158,788 | -€3,966 | -2.4% |
| Equity | 10/15 | €118,405 | €52,919 | -€65,486 | -55.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €85,483 | €1,860 | -€83,623 | -97.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Other | 1319 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €83,623 | €0 | -€83,623 | -100% |
| Profit (loss) carried forward | 14 | €26,722 | €44,859 | +€18,137 | +67.9% |
| Amounts payable | 17/49 | €44,349 | €105,869 | +€61,520 | +139% |
| Amounts payable within one year | 42/48 | €43,961 | €105,187 | +€61,225 | +139% |
| Trade debts | 44 | €1,378 | €822 | -€556 | -40.3% |
| Suppliers | 440/4 | €1,378 | €822 | -€556 | -40.3% |
| Taxes, remuneration and social security | 45 | €17,200 | €20,742 | +€3,542 | +20.6% |
| Taxes | 450/3 | €17,200 | €20,742 | +€3,542 | +20.6% |
| Other amounts payable | 47/48 | €25,384 | €83,623 | +€58,239 | +229% |
| Accrued charges and deferred income | 492/3 | €387 | €682 | +€295 | +76.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,075 | €457 | -€617 | -57.4% |
| Other operating charges | 640/8 | €810 | €1,004 | +€194 | +23.9% |
| Gross operating margin | 9900 | €32,865 | €25,383 | -€7,482 | -22.8% |
| Operating profit (loss) | 9901 | €30,981 | €23,922 | -€7,059 | -22.8% |
| Financial income | 75/76B | €5,426 | €6,704 | +€1,278 | +23.6% |
| Recurring financial income | 75 | €5,426 | €6,704 | +€1,278 | +23.6% |
| Financial charges | 65/66B | €582 | €468 | -€114 | -19.6% |
| Recurring financial charges | 65 | €582 | €468 | -€114 | -19.6% |
| Profit (loss) for the period before taxes | 9903 | €35,825 | €30,158 | -€5,667 | -15.8% |
| Income taxes | 67/77 | €10,441 | €12,020 | +€1,580 | +15.1% |
| Profit (loss) for the period | 9904 | €25,384 | €18,137 | -€7,247 | -28.5% |
| Profit (loss) for the period to be appropriated | 9905 | €25,384 | €18,137 | -€7,247 | -28.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.