METANOUS: 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.
METANOUS
Largest movements
- Receivables within one year -€104,895
down €104,895 (-15.3%), from €684,010 to €579,116
of which Trade receivables: -€74,333
- Cash +€92,478
up €92,478 (+23.2%), from €398,983 to €491,461
mainly Net result for the year (+€375,585) and Depreciation (+€109,038)
- Current investments -€62,260
down €62,260 (-12.7%), from €491,249 to €428,989
- Tangible fixed assets -€28,768
down €28,768 (-2.9%), from €983,754 to €954,986
of which Land and buildings: -€34,905
- Reserves +€211,085
up €211,085 (+16.3%), from €1.3m to €1.5m
of which Distributable reserves: +€211,085
- Accrued charges and deferred income -€163,568
down €163,568 (-97.3%), from €168,068 to €4,500
- Trade debts -€156,412
down €156,412 (-71.3%), from €219,298 to €62,887
- Debts after one year -€42,730
down €42,730 (-8.8%), from €484,615 to €441,885
- Tax, wage and social debts +€27,505
up €27,505 (+8.5%), from €323,310 to €350,815
of which Taxes: +€90,761
- Gross operating margin +€514,122
up €514,122 (+33.7%), from €1.5m to €2.0m
- Staff costs +€317,947
up €317,947 (+29.9%), from €1.1m to €1.4m
- Taxes +€64,760
up €64,760 (+59.0%), from €109,799 to €174,558
- Financial income +€43,665
up €43,665 (+885%), from €4,933 to €48,597
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,596,912 | €2,478,460 | -€118,452 | -4.6% |
| Fixed assets | 21/28 | €988,779 | €959,986 | -€28,793 | -2.9% |
| Tangible fixed assets | 22/27 | €983,754 | €954,986 | -€28,768 | -2.9% |
| Land and buildings | 22 | €821,822 | €786,917 | -€34,905 | -4.2% |
| Plant, machinery and equipment | 23 | €5,338 | €3,687 | -€1,651 | -30.9% |
| Furniture and vehicles | 24 | €130,855 | €143,574 | +€12,719 | +9.7% |
| Other tangible fixed assets | 26 | €25,739 | €20,807 | -€4,932 | -19.2% |
| Financial fixed assets | 28 | €5,025 | €5,000 | -€25 | -0.5% |
| Current assets | 29/58 | €1,608,133 | €1,518,474 | -€89,659 | -5.6% |
| Amounts receivable within one year | 40/41 | €684,010 | €579,116 | -€104,895 | -15.3% |
| Trade receivables | 40 | €653,001 | €578,668 | -€74,333 | -11.4% |
| Other amounts receivable | 41 | €31,009 | €448 | -€30,562 | -98.6% |
| Current investments | 50/53 | €491,249 | €428,989 | -€62,260 | -12.7% |
| Cash at bank and in hand | 54/58 | €398,983 | €491,461 | +€92,478 | +23.2% |
| Deferred charges and accrued income | 490/1 | €33,890 | €18,908 | -€14,982 | -44.2% |
| Total equity and liabilities | 10/49 | €2,596,912 | €2,478,460 | -€118,452 | -4.6% |
| Equity | 10/15 | €1,313,278 | €1,524,364 | +€211,085 | +16.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,294,151 | €1,505,237 | +€211,085 | +16.3% |
| Tax-exempt reserves | 132 | €20,151 | €20,151 | = | 0.0% |
| Distributable reserves | 133 | €1,274,000 | €1,485,085 | +€211,085 | +16.6% |
| Profit (loss) carried forward | 14 | €527 | €527 | = | 0.0% |
| Amounts payable | 17/49 | €1,283,634 | €954,096 | -€329,538 | -25.7% |
| Amounts payable after more than one year | 17 | €484,615 | €441,885 | -€42,730 | -8.8% |
| Financial debts | 170/4 | €484,615 | €441,885 | -€42,730 | -8.8% |
| Amounts payable within one year | 42/48 | €630,950 | €507,711 | -€123,239 | -19.5% |
| Current portion of amounts payable after more than one year | 42 | €70,004 | €73,620 | +€3,615 | +5.2% |
| Trade debts | 44 | €219,298 | €62,887 | -€156,412 | -71.3% |
| Suppliers | 440/4 | €219,298 | €62,887 | -€156,412 | -71.3% |
| Taxes, remuneration and social security | 45 | €323,310 | €350,815 | +€27,505 | +8.5% |
| Taxes | 450/3 | €95,587 | €186,348 | +€90,761 | +95.0% |
| Remuneration and social security | 454/9 | €227,723 | €164,467 | -€63,255 | -27.8% |
| Other amounts payable | 47/48 | €18,338 | €20,390 | +€2,052 | +11.2% |
| Accrued charges and deferred income | 492/3 | €168,068 | €4,500 | -€163,568 | -97.3% |
| Remuneration, social security and pensions | 62 | €1,063,387 | €1,381,334 | +€317,947 | +29.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €96,314 | €109,038 | +€12,724 | +13.2% |
| Other operating charges | 640/8 | €15,900 | €5,860 | -€10,040 | -63.1% |
| Gross operating margin | 9900 | €1,524,625 | €2,038,747 | +€514,122 | +33.7% |
| Operating profit (loss) | 9901 | €349,024 | €542,515 | +€193,491 | +55.4% |
| Financial income | 75/76B | €4,933 | €48,597 | +€43,665 | +885% |
| Recurring financial income | 75 | €4,933 | €48,597 | +€43,665 | +885% |
| Financial charges | 65/66B | €49,460 | €40,968 | -€8,492 | -17.2% |
| Recurring financial charges | 65 | €49,460 | €40,968 | -€8,492 | -17.2% |
| Profit (loss) for the period before taxes | 9903 | €304,496 | €550,144 | +€245,648 | +80.7% |
| Income taxes | 67/77 | €109,799 | €174,558 | +€64,760 | +59.0% |
| Profit (loss) for the period | 9904 | €194,697 | €375,585 | +€180,888 | +92.9% |
| Profit (loss) for the period to be appropriated | 9905 | €194,697 | €375,585 | +€180,888 | +92.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.