METAMIX: 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.
METAMIX
Largest movements
- Tangible fixed assets +€106,770
up €106,770 (+10.5%), from €1.0m to €1.1m
of which Furniture and vehicles: +€92,754
- Receivables within one year -€36,425
down €36,425 (-20.9%), from €174,459 to €138,035
of which Trade receivables: -€37,090
- Cash -€32,387
down €32,387 (-11.7%), from €277,836 to €245,450
mainly Investment in fixed assets (net) (-€158,798) and Other debts (-€127,196)
- Reserves +€152,540
up €152,540 (+17.2%), from €884,593 to €1.0m
- Other debts -€127,196
down €127,196 (-42.1%), from €301,807 to €174,611
- Current portion of long-term debt +€22,416
up €22,416 (+59.3%), from €37,817 to €60,234
- Debts after one year +€17,486
up €17,486 (+10.5%), from €166,683 to €184,169
of which Financial debts: +€17,006
- Tax, wage and social debts -€15,740
down €15,740 (-34.3%), from €45,896 to €30,156
of which Taxes: -€15,211
- Gross operating margin -€38,020
down €38,020 (-8.0%), from €472,509 to €434,490
- Taxes -€34,398
down €34,398 (-35.0%), from €98,277 to €63,879
- Staff costs +€33,814
up €33,814 (+28.6%), from €118,367 to €152,181
- Depreciation +€25,711
up €25,711 (+97.7%), from €26,317 to €52,028
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 | €1,500,229 | €1,537,830 | +€37,600 | +2.5% |
| Fixed assets | 21/28 | €1,019,294 | €1,126,064 | +€106,770 | +10.5% |
| Tangible fixed assets | 22/27 | €1,019,294 | €1,126,064 | +€106,770 | +10.5% |
| Land and buildings | 22 | €956,555 | €938,731 | -€17,823 | -1.9% |
| Plant, machinery and equipment | 23 | €3,235 | €35,075 | +€31,840 | +984% |
| Furniture and vehicles | 24 | €59,504 | €152,258 | +€92,754 | +156% |
| Current assets | 29/58 | €480,936 | €411,766 | -€69,170 | -14.4% |
| Stocks and contracts in progress | 3 | €20,829 | €22,637 | +€1,808 | +8.7% |
| Stocks | 30/36 | €20,829 | €22,637 | +€1,808 | +8.7% |
| Amounts receivable within one year | 40/41 | €174,459 | €138,035 | -€36,425 | -20.9% |
| Trade receivables | 40 | €157,344 | €120,254 | -€37,090 | -23.6% |
| Other amounts receivable | 41 | €17,116 | €17,781 | +€665 | +3.9% |
| Cash at bank and in hand | 54/58 | €277,836 | €245,450 | -€32,387 | -11.7% |
| Deferred charges and accrued income | 490/1 | €7,810 | €5,644 | -€2,166 | -27.7% |
| Total equity and liabilities | 10/49 | €1,500,229 | €1,537,830 | +€37,600 | +2.5% |
| Equity | 10/15 | €904,381 | €1,056,921 | +€152,540 | +16.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €884,593 | €1,037,133 | +€152,540 | +17.2% |
| Distributable reserves | 133 | €884,593 | €1,037,133 | +€152,540 | +17.2% |
| Profit (loss) carried forward | 14 | €1,196 | €1,196 | +€0 | 0.0% |
| Amounts payable | 17/49 | €595,848 | €480,908 | -€114,940 | -19.3% |
| Amounts payable after more than one year | 17 | €166,683 | €184,169 | +€17,486 | +10.5% |
| Financial debts | 170/4 | €166,683 | €183,689 | +€17,006 | +10.2% |
| Other amounts payable | 178/9 | - | €480 | +€480 | |
| Amounts payable within one year | 42/48 | €429,084 | €296,222 | -€132,862 | -31.0% |
| Current portion of amounts payable after more than one year | 42 | €37,817 | €60,234 | +€22,416 | +59.3% |
| Trade debts | 44 | €43,564 | €31,222 | -€12,342 | -28.3% |
| Suppliers | 440/4 | €43,564 | €31,222 | -€12,342 | -28.3% |
| Taxes, remuneration and social security | 45 | €45,896 | €30,156 | -€15,740 | -34.3% |
| Taxes | 450/3 | €35,872 | €20,661 | -€15,211 | -42.4% |
| Remuneration and social security | 454/9 | €10,025 | €9,495 | -€530 | -5.3% |
| Other amounts payable | 47/48 | €301,807 | €174,611 | -€127,196 | -42.1% |
| Accrued charges and deferred income | 492/3 | €81 | €517 | +€436 | +537% |
| Non-recurring operating income | 76A | - | €35,856 | +€35,856 | |
| Remuneration, social security and pensions | 62 | €118,367 | €152,181 | +€33,814 | +28.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,317 | €52,028 | +€25,711 | +97.7% |
| Other operating charges | 640/8 | €7,307 | €7,116 | -€190 | -2.6% |
| Gross operating margin | 9900 | €472,509 | €434,490 | -€38,020 | -8.0% |
| Operating profit (loss) | 9901 | €320,518 | €223,164 | -€97,354 | -30.4% |
| Financial income | 75/76B | €601 | €709 | +€108 | +17.9% |
| Recurring financial income | 75 | €601 | €709 | +€108 | +17.9% |
| Financial charges | 65/66B | €4,695 | €7,455 | +€2,759 | +58.8% |
| Recurring financial charges | 65 | €4,695 | €7,455 | +€2,759 | +58.8% |
| Profit (loss) for the period before taxes | 9903 | €316,424 | €216,419 | -€100,005 | -31.6% |
| Income taxes | 67/77 | €98,277 | €63,879 | -€34,398 | -35.0% |
| Profit (loss) for the period | 9904 | €218,147 | €152,540 | -€65,607 | -30.1% |
| Profit (loss) for the period to be appropriated | 9905 | €218,147 | €152,540 | -€65,607 | -30.1% |
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 20 October 2026 via checked.be.