METAMORFA: 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.
METAMORFA
Largest movements
- Tangible fixed assets -€4,464
down €4,464 (-39.9%), from €11,182 to €6,717
- Cash +€2,887
up €2,887 (+25.2%), from €11,453 to €14,340
mainly Depreciation (+€4,464) and Trade debts (+€2,297)
- Other debts -€4,774
down €4,774 (-76.0%), from €6,285 to €1,512
- Trade debts +€2,297
up €2,297 (+102.9%), from €2,232 to €4,529
- Profit (loss) carried forward +€800
up €800 (+79.4%), from €1,007 to €1,806
- Tax, wage and social debts +€533
up €533 (+3.0%), from €17,884 to €18,417
of which Remuneration and social security: +€359
- Staff costs +€5,408
up €5,408 (+15.1%), from €35,724 to €41,133
- Gross operating margin +€3,228
up €3,228 (+7.0%), from €46,277 to €49,504
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 | €30,408 | €29,279 | -€1,129 | -3.7% |
| Fixed assets | 21/28 | €11,182 | €6,717 | -€4,464 | -39.9% |
| Tangible fixed assets | 22/27 | €11,182 | €6,717 | -€4,464 | -39.9% |
| Furniture and vehicles | 24 | €11,182 | €6,717 | -€4,464 | -39.9% |
| Current assets | 29/58 | €19,226 | €22,562 | +€3,335 | +17.3% |
| Amounts receivable within one year | 40/41 | €5,780 | €6,019 | +€238 | +4.1% |
| Trade receivables | 40 | €5,780 | €6,019 | +€238 | +4.1% |
| Cash at bank and in hand | 54/58 | €11,453 | €14,340 | +€2,887 | +25.2% |
| Deferred charges and accrued income | 490/1 | €1,993 | €2,204 | +€210 | +10.6% |
| Total equity and liabilities | 10/49 | €30,408 | €29,279 | -€1,129 | -3.7% |
| Equity | 10/15 | €4,007 | €4,806 | +€800 | +20.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,007 | €1,806 | +€800 | +79.4% |
| Amounts payable | 17/49 | €26,401 | €24,473 | -€1,929 | -7.3% |
| Amounts payable within one year | 42/48 | €26,401 | €24,457 | -€1,944 | -7.4% |
| Trade debts | 44 | €2,232 | €4,529 | +€2,297 | +102.9% |
| Suppliers | 440/4 | €2,232 | €4,529 | +€2,297 | +102.9% |
| Taxes, remuneration and social security | 45 | €17,884 | €18,417 | +€533 | +3.0% |
| Taxes | 450/3 | €8,365 | €8,539 | +€174 | +2.1% |
| Remuneration and social security | 454/9 | €9,519 | €9,878 | +€359 | +3.8% |
| Other amounts payable | 47/48 | €6,285 | €1,512 | -€4,774 | -76.0% |
| Accrued charges and deferred income | 492/3 | - | €15 | +€15 | |
| Remuneration, social security and pensions | 62 | €35,724 | €41,133 | +€5,408 | +15.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,307 | €4,464 | +€158 | +3.7% |
| Other operating charges | 640/8 | €290 | €698 | +€408 | +140.4% |
| Gross operating margin | 9900 | €46,277 | €49,504 | +€3,228 | +7.0% |
| Operating profit (loss) | 9901 | €5,956 | €3,209 | -€2,746 | -46.1% |
| Financial income | 75/76B | €8 | €3 | -€5 | -65.5% |
| Recurring financial income | 75 | €8 | €3 | -€5 | -65.5% |
| Financial charges | 65/66B | €351 | €270 | -€81 | -23.2% |
| Recurring financial charges | 65 | €351 | €270 | -€81 | -23.2% |
| Profit (loss) for the period before taxes | 9903 | €5,613 | €2,943 | -€2,670 | -47.6% |
| Income taxes | 67/77 | €2,554 | €2,143 | -€411 | -16.1% |
| Profit (loss) for the period | 9904 | €3,059 | €800 | -€2,259 | -73.9% |
| Profit (loss) for the period to be appropriated | 9905 | €3,059 | €800 | -€2,259 | -73.9% |
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 12 October 2026 via checked.be.