Metapolo: 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.
Metapolo
Largest movements
- Stocks and contracts +€2.2m
new in 2025: €2.2m
- Tangible fixed assets -€789,675
down €789,675 (-42.7%), from €1.8m to €1.1m
- Cash -€239,781
down €239,781 (-80.5%), from €297,839 to €58,058
mainly Stocks and contracts (-€2.2m) and Receivables within one year (-€229,316)
- Receivables within one year +€229,316
new in 2025: €229,316
- Other debts +€1.2m
up €1.2m (+68.2%), from €1.8m to €3.1m
- Profit (loss) carried forward +€120,846
up €120,846 (+3772.9%), from €3,203 to €124,049
- Gross operating margin +€177,770
up €177,770 (+96.6%), from €184,053 to €361,823
- Taxes +€38,906
up €38,906 (+2288.6%), from €1,700 to €40,606
- Financial charges +€37,684
up €37,684 (+183.2%), from €20,570 to €58,254
- Depreciation -€33,058
down €33,058 (-34.9%), from €94,654 to €61,596
- Other operating charges +€13,517
up €13,517 (+112.8%), from €11,985 to €25,502
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 | €2,156,291 | €3,550,755 | +€1.4m | +64.7% |
| Fixed assets | 21/28 | €1,857,888 | €1,059,712 | -€798,176 | -43.0% |
| Tangible fixed assets | 22/27 | €1,849,387 | €1,059,712 | -€789,675 | -42.7% |
| Land and buildings | 22 | €1,849,387 | €1,059,712 | -€789,675 | -42.7% |
| Financial fixed assets | 28 | €8,501 | €0 | -€8,501 | -100.0% |
| Current assets | 29/58 | €298,403 | €2,491,043 | +€2.2m | +734.8% |
| Stocks and contracts in progress | 3 | - | €2,203,669 | +€2.2m | |
| Stocks | 30/36 | - | €2,203,669 | +€2.2m | |
| Amounts receivable within one year | 40/41 | - | €229,316 | +€229,316 | |
| Other amounts receivable | 41 | - | €229,316 | +€229,316 | |
| Cash at bank and in hand | 54/58 | €297,839 | €58,058 | -€239,781 | -80.5% |
| Deferred charges and accrued income | 490/1 | €564 | €0 | -€564 | -100.0% |
| Total equity and liabilities | 10/49 | €2,156,291 | €3,550,755 | +€1.4m | +64.7% |
| Equity | 10/15 | €103,203 | €224,049 | +€120,846 | +117.1% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,203 | €124,049 | +€120,846 | +3772.9% |
| Amounts payable | 17/49 | €2,053,088 | €3,326,706 | +€1.3m | +62.0% |
| Amounts payable within one year | 42/48 | €2,053,088 | €3,326,706 | +€1.3m | +62.0% |
| Financial debts | 43 | €164,850 | €164,850 | = | 0.0% |
| Credit institutions | 430/8 | €164,850 | €164,850 | = | 0.0% |
| Trade debts | 44 | €13,921 | €41,154 | +€27,233 | +195.6% |
| Suppliers | 440/4 | €13,921 | €41,154 | +€27,233 | +195.6% |
| Taxes, remuneration and social security | 45 | €42,594 | €40,655 | -€1,939 | -4.6% |
| Taxes | 450/3 | €33,600 | €40,655 | +€7,055 | +21.0% |
| Remuneration and social security | 454/9 | €8,994 | €0 | -€8,994 | -100.0% |
| Other amounts payable | 47/48 | €1,831,723 | €3,080,047 | +€1.2m | +68.2% |
| Remuneration, social security and pensions | 62 | €53,267 | €55,130 | +€1,863 | +3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €94,654 | €61,596 | -€33,058 | -34.9% |
| Other operating charges | 640/8 | €11,985 | €25,502 | +€13,517 | +112.8% |
| Gross operating margin | 9900 | €184,053 | €361,823 | +€177,770 | +96.6% |
| Operating profit (loss) | 9901 | €24,147 | €219,595 | +€195,448 | +809.4% |
| Financial income | 75/76B | €1,326 | €111 | -€1,215 | -91.6% |
| Recurring financial income | 75 | €1,326 | €111 | -€1,215 | -91.6% |
| Financial charges | 65/66B | €20,570 | €58,254 | +€37,684 | +183.2% |
| Recurring financial charges | 65 | €20,570 | €58,254 | +€37,684 | +183.2% |
| Profit (loss) for the period before taxes | 9903 | €4,903 | €161,452 | +€156,549 | +3192.9% |
| Income taxes | 67/77 | €1,700 | €40,606 | +€38,906 | +2288.6% |
| Profit (loss) for the period | 9904 | €3,203 | €120,846 | +€117,643 | +3672.9% |
| Profit (loss) for the period to be appropriated | 9905 | €3,203 | €120,846 | +€117,643 | +3672.9% |
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 30 September 2026 via checked.be.