METALTIS: 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.
METALTIS
Largest movements
- Financial fixed assets +€309,206
new in 2025: €309,206
- Cash +€110,557
up €110,557 (+239.8%), from €46,111 to €156,668
mainly Contributions, distributions and other (+€308,001) and Net result for the year (+€203,050)
- Receivables within one year -€44,421
down €44,421 (-27.7%), from €160,228 to €115,807
of which Other amounts receivable: -€33,203
- Tangible fixed assets -€37,723
down €37,723 (-6.7%), from €563,290 to €525,567
- Intangible fixed assets +€12,861
up €12,861 (+12.5%), from €102,698 to €115,559
- Revaluation surpluses +€308,001
new in 2025: €308,001
- Profit (loss) carried forward +€203,050
up €203,050 (+23027.0%), from €882 to €203,932
- Other debts -€85,182
down €85,182 (-100.0%), from €85,182 to €0
- Trade debts -€66,473
down €66,473 (-30.6%), from €217,515 to €151,041
- Debts after one year -€18,681
down €18,681 (-5.9%), from €319,085 to €300,405
- Gross operating margin +€82,151
up €82,151 (+20.3%), from €404,789 to €486,940
- Depreciation +€34,137
up €34,137 (+42.7%), from €79,989 to €114,126
- Taxes +€17,100
up €17,100 (+33.1%), from €51,602 to €68,702
- Financial charges +€8,096
up €8,096 (+46.1%), from €17,571 to €25,667
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 | €877,373 | €1,227,896 | +€350,523 | +40.0% |
| Fixed assets | 21/28 | €665,988 | €950,333 | +€284,345 | +42.7% |
| Intangible fixed assets | 21 | €102,698 | €115,559 | +€12,861 | +12.5% |
| Tangible fixed assets | 22/27 | €563,290 | €525,567 | -€37,723 | -6.7% |
| Land and buildings | 22 | €511,242 | €495,914 | -€15,328 | -3.0% |
| Plant, machinery and equipment | 23 | €6,887 | €4,815 | -€2,072 | -30.1% |
| Furniture and vehicles | 24 | €39,025 | €24,020 | -€15,005 | -38.4% |
| Other tangible fixed assets | 26 | €6,136 | €818 | -€5,318 | -86.7% |
| Financial fixed assets | 28 | - | €309,206 | +€309,206 | |
| Current assets | 29/58 | €211,385 | €277,563 | +€66,178 | +31.3% |
| Amounts receivable within one year | 40/41 | €160,228 | €115,807 | -€44,421 | -27.7% |
| Trade receivables | 40 | €74,198 | €62,981 | -€11,217 | -15.1% |
| Other amounts receivable | 41 | €86,030 | €52,826 | -€33,203 | -38.6% |
| Cash at bank and in hand | 54/58 | €46,111 | €156,668 | +€110,557 | +239.8% |
| Deferred charges and accrued income | 490/1 | €5,046 | €5,088 | +€42 | +0.8% |
| Total equity and liabilities | 10/49 | €877,373 | €1,227,896 | +€350,523 | +40.0% |
| Equity | 10/15 | €21,356 | €532,408 | +€511,051 | +2393.0% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Revaluation surpluses | 12 | - | €308,001 | +€308,001 | |
| Reserves | 13 | €1,925 | €1,925 | = | 0.0% |
| Distributable reserves | 133 | €1,925 | €1,925 | = | 0.0% |
| Profit (loss) carried forward | 14 | €882 | €203,932 | +€203,050 | +23027.0% |
| Amounts payable | 17/49 | €856,016 | €695,488 | -€160,528 | -18.8% |
| Amounts payable after more than one year | 17 | €319,085 | €300,405 | -€18,681 | -5.9% |
| Financial debts | 170/4 | €319,085 | €300,405 | -€18,681 | -5.9% |
| Amounts payable within one year | 42/48 | €535,875 | €390,796 | -€145,079 | -27.1% |
| Current portion of amounts payable after more than one year | 42 | €17,955 | €18,681 | +€726 | +4.0% |
| Financial debts | 43 | €171,943 | €182,633 | +€10,690 | +6.2% |
| Credit institutions | 430/8 | €21,943 | €32,633 | +€10,690 | +48.7% |
| Other loans | 439 | €150,000 | €150,000 | = | 0.0% |
| Trade debts | 44 | €217,515 | €151,041 | -€66,473 | -30.6% |
| Suppliers | 440/4 | €217,515 | €151,041 | -€66,473 | -30.6% |
| Taxes, remuneration and social security | 45 | €43,281 | €38,441 | -€4,840 | -11.2% |
| Taxes | 450/3 | €30,758 | €25,240 | -€5,518 | -17.9% |
| Remuneration and social security | 454/9 | €12,523 | €13,201 | +€678 | +5.4% |
| Other amounts payable | 47/48 | €85,182 | €0 | -€85,182 | -100.0% |
| Accrued charges and deferred income | 492/3 | €1,056 | €4,287 | +€3,231 | +306.0% |
| Remuneration, social security and pensions | 62 | €69,076 | €73,423 | +€4,347 | +6.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €79,989 | €114,126 | +€34,137 | +42.7% |
| Other operating charges | 640/8 | €1,595 | €2,054 | +€459 | +28.8% |
| Gross operating margin | 9900 | €404,789 | €486,940 | +€82,151 | +20.3% |
| Operating profit (loss) | 9901 | €254,129 | €297,337 | +€43,208 | +17.0% |
| Financial income | 75/76B | €2,340 | €82 | -€2,258 | -96.5% |
| Recurring financial income | 75 | €2,340 | €82 | -€2,258 | -96.5% |
| Financial charges | 65/66B | €17,571 | €25,667 | +€8,096 | +46.1% |
| Recurring financial charges | 65 | €17,571 | €25,667 | +€8,096 | +46.1% |
| Profit (loss) for the period before taxes | 9903 | €238,898 | €271,752 | +€32,854 | +13.8% |
| Income taxes | 67/77 | €51,602 | €68,702 | +€17,100 | +33.1% |
| Profit (loss) for the period | 9904 | €187,296 | €203,050 | +€15,754 | +8.4% |
| Profit (loss) for the period to be appropriated | 9905 | €187,296 | €203,050 | +€15,754 | +8.4% |
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 9 October 2026 via checked.be.