METAMORPHOUSE: 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.
METAMORPHOUSE
Largest movements
- Tangible fixed assets -€3,765
down €3,765 (-3.2%), from €117,929 to €114,165
- Debts after one year -€5,727
down €5,727 (-16.2%), from €35,397 to €29,671
- Gross operating margin -€4,455
down €4,455 (-38.6%), from €11,539 to €7,084
- Purchases and services +€2,180
up €2,180 (+648%), from €337 to €2,516
- Other operating charges -€726
down €726 (-32.5%), from €2,234 to €1,508
- Financial charges -€552
down €552 (-29.8%), from €1,852 to €1,300
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 | €138,056 | €133,734 | -€4,322 | -3.1% |
| Fixed assets | 21/28 | €117,929 | €114,165 | -€3,765 | -3.2% |
| Tangible fixed assets | 22/27 | €117,929 | €114,165 | -€3,765 | -3.2% |
| Land and buildings | 22 | €117,929 | €114,165 | -€3,765 | -3.2% |
| Current assets | 29/58 | €20,127 | €19,570 | -€557 | -2.8% |
| Amounts receivable within one year | 40/41 | €17,557 | €18,373 | +€816 | +4.6% |
| Other amounts receivable | 41 | €17,557 | €18,373 | +€816 | +4.6% |
| Cash at bank and in hand | 54/58 | €2,570 | €1,197 | -€1,374 | -53.4% |
| Total equity and liabilities | 10/49 | €138,056 | €133,734 | -€4,322 | -3.1% |
| Equity | 10/15 | €59,852 | €60,363 | +€511 | +0.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €51,792 | €52,303 | +€511 | +1.0% |
| Amounts payable | 17/49 | €78,205 | €73,371 | -€4,833 | -6.2% |
| Amounts payable after more than one year | 17 | €35,397 | €29,671 | -€5,727 | -16.2% |
| Financial debts | 170/4 | €35,397 | €29,671 | -€5,727 | -16.2% |
| Amounts payable within one year | 42/48 | €42,807 | €43,701 | +€894 | +2.1% |
| Current portion of amounts payable after more than one year | 42 | €5,727 | €5,727 | = | 0.0% |
| Trade debts | 44 | €18,157 | €18,157 | = | 0.0% |
| Suppliers | 440/4 | €18,157 | €18,157 | = | 0.0% |
| Other amounts payable | 47/48 | €18,923 | €19,817 | +€894 | +4.7% |
| Non-recurring operating income | 76A | €11,875 | €9,600 | -€2,275 | -19.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €337 | €2,516 | +€2,180 | +648% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,765 | €3,765 | = | 0.0% |
| Other operating charges | 640/8 | €2,234 | €1,508 | -€726 | -32.5% |
| Gross operating margin | 9900 | €11,539 | €7,084 | -€4,455 | -38.6% |
| Operating profit (loss) | 9901 | €5,540 | €1,811 | -€3,729 | -67.3% |
| Financial charges | 65/66B | €1,852 | €1,300 | -€552 | -29.8% |
| Recurring financial charges | 65 | €1,852 | €1,300 | -€552 | -29.8% |
| Profit (loss) for the period before taxes | 9903 | €3,688 | €511 | -€3,177 | -86.1% |
| Profit (loss) for the period | 9904 | €3,688 | €511 | -€3,177 | -86.1% |
| Profit (loss) for the period to be appropriated | 9905 | €3,688 | €511 | -€3,177 | -86.1% |
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 14 October 2026 via checked.be.