METANECOT: 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.
METANECOT
Largest movements
- Deferred charges and accrued income -€36,682
no longer reported in 2025 (was €36,682)
- Receivables within one year -€29,373
no longer reported in 2025 (was €29,373)
of which Other amounts receivable: -€26,516
- Cash -€11,310
down €11,310 (-92.9%), from €12,178 to €868
mainly Net result for the year (-€66,042) and Other debts (-€15,240)
- Financial fixed assets -€8,172
down €8,172 (-100%), from €8,172 to €0
- Profit (loss) carried forward -€66,042
down €66,042 (-232%), from -€28,504 to -€94,546
- Other debts -€15,240
down €15,240 (-14.9%), from €102,327 to €87,087
- Trade debts -€4,975
no longer reported in 2025 (was €4,975)
- Turnover -€7,431
down €7,431 (-33.5%), from €22,164 to €14,733
- Purchases and services -€4,073
down €4,073 (-28.3%), from €14,416 to €10,343
- Gross operating margin +€1,618
up €1,618 (+20.9%), from €7,747 to €9,365
- Depreciation +€306
up €306 (+73.9%), from €414 to €720
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 | €88,154 | €1,897 | -€86,257 | -97.8% |
| Fixed assets | 21/28 | €9,921 | €1,029 | -€8,892 | -89.6% |
| Tangible fixed assets | 22/27 | €1,749 | €1,029 | -€720 | -41.1% |
| Furniture and vehicles | 24 | - | €1,029 | +€1,029 | |
| Other tangible fixed assets | 26 | €1,749 | - | -€1,749 | |
| Financial fixed assets | 28 | €8,172 | €0 | -€8,172 | -100% |
| Current assets | 29/58 | €78,233 | €868 | -€77,365 | -98.9% |
| Amounts receivable within one year | 40/41 | €29,373 | - | -€29,373 | |
| Trade receivables | 40 | €2,857 | - | -€2,857 | |
| Other amounts receivable | 41 | €26,516 | - | -€26,516 | |
| Cash at bank and in hand | 54/58 | €12,178 | €868 | -€11,310 | -92.9% |
| Deferred charges and accrued income | 490/1 | €36,682 | - | -€36,682 | |
| Total equity and liabilities | 10/49 | €88,154 | €1,897 | -€86,257 | -97.8% |
| Equity | 10/15 | -€19,148 | -€85,190 | -€66,042 | -345% |
| Contributions | 10/11 | €6,197 | €6,197 | +€0 | 0.0% |
| Capital | 10 | €6,197 | €6,197 | +€0 | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | +€0 | 0.0% |
| Uncalled capital | 101 | €12,395 | €12,395 | -€0 | 0.0% |
| Reserves | 13 | €3,159 | €3,159 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,159 | €3,159 | = | 0.0% |
| Legal reserve | 130 | €3,159 | €3,159 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€28,504 | -€94,546 | -€66,042 | -232% |
| Amounts payable | 17/49 | €107,302 | €87,087 | -€20,215 | -18.8% |
| Amounts payable within one year | 42/48 | €107,302 | €87,087 | -€20,215 | -18.8% |
| Trade debts | 44 | €4,975 | - | -€4,975 | |
| Suppliers | 440/4 | €4,975 | - | -€4,975 | |
| Other amounts payable | 47/48 | €102,327 | €87,087 | -€15,240 | -14.9% |
| Turnover | 70 | €22,164 | €14,733 | -€7,431 | -33.5% |
| Non-recurring operating income | 76A | - | €4,975 | +€4,975 | |
| Goods, raw materials, services and sundry goods | 60/61 | €14,416 | €10,343 | -€4,073 | -28.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €414 | €720 | +€306 | +73.9% |
| Other operating charges | 640/8 | €384 | €387 | +€3 | +0.9% |
| Non-recurring operating charges | 66A | - | €74,161 | +€74,161 | |
| Gross operating margin | 9900 | €7,747 | €9,365 | +€1,618 | +20.9% |
| Operating profit (loss) | 9901 | €6,949 | -€65,904 | -€72,853 | |
| Financial charges | 65/66B | €138 | €138 | +€0 | +0.1% |
| Recurring financial charges | 65 | €138 | €138 | +€0 | +0.1% |
| Profit (loss) for the period before taxes | 9903 | €6,811 | -€66,042 | -€72,853 | |
| Profit (loss) for the period | 9904 | €6,811 | -€66,042 | -€72,853 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,811 | -€66,042 | -€72,853 |
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.