METAPHORA: what changed
Two fiscal 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.
METAPHORA
Largest movements
- Receivables within one year -€2,706
down €2,706 (-34.8%), from €7,781 to €5,075
of which Trade receivables: -€3,419
- Deferred charges and accrued income +€1,124
up €1,124 (+49.6%), from €2,264 to €3,388
- Cash +€436
up €436 (+9.6%), from €4,564 to €5,000
mainly Other debts (+€8,860) and Receivables within one year (+€2,706)
- Profit (loss) carried forward -€9,533
down €9,533 (-8.4%), from -€113,502 to -€123,035
- Other debts +€8,860
up €8,860 (+8.7%), from €102,348 to €111,208
- Trade debts -€650
down €650 (-13.3%), from €4,905 to €4,254
- Tax, wage and social debts +€178
up €178 (+43.7%), from €407 to €585
- Other operating charges +€7,486
up €7,486 (+404.4%), from €1,851 to €9,338
- Taxes -€229
down €229 (-56.3%), from €407 to €178
- Gross operating margin -€94
down €94 (-44.5%), from €211 to €117
- Financial charges +€10
up €10 (+7.7%), from €125 to €134
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 | €14,609 | €13,464 | -€1,145 | -7.8% |
| Current assets | 29/58 | €14,609 | €13,464 | -€1,145 | -7.8% |
| Amounts receivable within one year | 40/41 | €7,781 | €5,075 | -€2,706 | -34.8% |
| Trade receivables | 40 | €7,000 | €3,581 | -€3,419 | -48.8% |
| Other amounts receivable | 41 | €781 | €1,494 | +€713 | +91.3% |
| Cash at bank and in hand | 54/58 | €4,564 | €5,000 | +€436 | +9.6% |
| Deferred charges and accrued income | 490/1 | €2,264 | €3,388 | +€1,124 | +49.6% |
| Total equity and liabilities | 10/49 | €14,609 | €13,464 | -€1,145 | -7.8% |
| Equity | 10/15 | -€93,051 | -€102,584 | -€9,533 | -10.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€113,502 | -€123,035 | -€9,533 | -8.4% |
| Amounts payable | 17/49 | €107,660 | €116,047 | +€8,387 | +7.8% |
| Amounts payable within one year | 42/48 | €107,660 | €116,047 | +€8,387 | +7.8% |
| Trade debts | 44 | €4,905 | €4,254 | -€650 | -13.3% |
| Suppliers | 440/4 | €4,905 | €4,254 | -€650 | -13.3% |
| Taxes, remuneration and social security | 45 | €407 | €585 | +€178 | +43.7% |
| Taxes | 450/3 | €407 | €585 | +€178 | +43.7% |
| Other amounts payable | 47/48 | €102,348 | €111,208 | +€8,860 | +8.7% |
| Other operating charges | 640/8 | €1,851 | €9,338 | +€7,486 | +404.4% |
| Gross operating margin | 9900 | €211 | €117 | -€94 | -44.5% |
| Operating profit (loss) | 9901 | -€1,640 | -€9,221 | -€7,580 | -462.1% |
| Financial income | 75/76B | €0 | €0 | -€0 | -52.6% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -52.6% |
| Financial charges | 65/66B | €125 | €134 | +€10 | +7.7% |
| Recurring financial charges | 65 | €125 | €134 | +€10 | +7.7% |
| Profit (loss) for the period before taxes | 9903 | -€1,765 | -€9,355 | -€7,590 | -430.1% |
| Income taxes | 67/77 | €407 | €178 | -€229 | -56.3% |
| Profit (loss) for the period | 9904 | -€2,172 | -€9,533 | -€7,361 | -338.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,172 | -€9,533 | -€7,361 | -338.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.