METATECTA: 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.
METATECTA
Largest movements
- Receivables within one year -€244,007
down €244,007 (-62.3%), from €391,774 to €147,766
of which Trade receivables: -€268,854
- Intangible fixed assets -€41,612
down €41,612 (-26.8%), from €155,131 to €113,519
- Cash +€19,756
up €19,756 (+232%), from €8,508 to €28,263
mainly Receivables within one year (+€244,007) and Depreciation (+€43,668)
- Trade debts -€155,663
down €155,663 (-37.5%), from €414,607 to €258,943
- Profit (loss) carried forward -€60,370
down €60,370 (-15.1%), from -€399,480 to -€459,850
- Current portion of long-term debt -€32,098
down €32,098 (-83.1%), from €38,619 to €6,521
- Investment grants -€20,798
down €20,798 (-21.3%), from €97,644 to €76,846
- Debts after one year -€6,521
down €6,521 (-100%), from €6,521 to €0
- Gross operating margin +€134,327
up €134,327, from -€100,936 to €33,391
- Other operating charges -€10,570
down €10,570 (-22.3%), from €47,296 to €36,726
- Depreciation -€6,777
down €6,777 (-13.4%), from €50,445 to €43,668
- Financial charges -€2,862
down €2,862 (-18.6%), from €15,408 to €12,546
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 | €608,797 | €332,109 | -€276,687 | -45.4% |
| Fixed assets | 21/28 | €166,565 | €122,897 | -€43,668 | -26.2% |
| Intangible fixed assets | 21 | €155,131 | €113,519 | -€41,612 | -26.8% |
| Tangible fixed assets | 22/27 | €9,184 | €7,128 | -€2,056 | -22.4% |
| Plant, machinery and equipment | 23 | €62 | €0 | -€62 | -100% |
| Furniture and vehicles | 24 | €9,122 | €7,128 | -€1,994 | -21.9% |
| Financial fixed assets | 28 | €2,250 | €2,250 | = | 0.0% |
| Current assets | 29/58 | €442,232 | €209,212 | -€233,019 | -52.7% |
| Stocks and contracts in progress | 3 | €38,819 | €33,183 | -€5,636 | -14.5% |
| Stocks | 30/36 | €38,819 | €33,183 | -€5,636 | -14.5% |
| Amounts receivable within one year | 40/41 | €391,774 | €147,766 | -€244,007 | -62.3% |
| Trade receivables | 40 | €281,969 | €13,115 | -€268,854 | -95.3% |
| Other amounts receivable | 41 | €109,805 | €134,651 | +€24,846 | +22.6% |
| Cash at bank and in hand | 54/58 | €8,508 | €28,263 | +€19,756 | +232% |
| Deferred charges and accrued income | 490/1 | €3,131 | €0 | -€3,131 | -100% |
| Total equity and liabilities | 10/49 | €608,797 | €332,109 | -€276,687 | -45.4% |
| Equity | 10/15 | -€3,360 | -€84,529 | -€81,168 | -2,415% |
| Contributions | 10/11 | €242,000 | €242,000 | = | 0.0% |
| Capital | 10 | €242,000 | €242,000 | = | 0.0% |
| Issued capital | 100 | €242,000 | €242,000 | = | 0.0% |
| Reserves | 13 | €56,475 | €56,475 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,530 | €4,530 | = | 0.0% |
| Legal reserve | 130 | €4,530 | €4,530 | = | 0.0% |
| Distributable reserves | 133 | €51,945 | €51,945 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€399,480 | -€459,850 | -€60,370 | -15.1% |
| Investment grants | 15 | €97,644 | €76,846 | -€20,798 | -21.3% |
| Amounts payable | 17/49 | €612,157 | €416,638 | -€195,519 | -31.9% |
| Amounts payable after more than one year | 17 | €6,521 | €0 | -€6,521 | -100% |
| Financial debts | 170/4 | €6,521 | €0 | -€6,521 | -100% |
| Amounts payable within one year | 42/48 | €605,636 | €416,638 | -€188,998 | -31.2% |
| Current portion of amounts payable after more than one year | 42 | €38,619 | €6,521 | -€32,098 | -83.1% |
| Financial debts | 43 | €150,000 | €150,000 | = | 0.0% |
| Credit institutions | 430/8 | €150,000 | €150,000 | = | 0.0% |
| Trade debts | 44 | €414,607 | €258,943 | -€155,663 | -37.5% |
| Suppliers | 440/4 | €414,607 | €258,943 | -€155,663 | -37.5% |
| Taxes, remuneration and social security | 45 | €1,683 | €446 | -€1,237 | -73.5% |
| Taxes | 450/3 | €1,683 | €446 | -€1,237 | -73.5% |
| Other amounts payable | 47/48 | €728 | €728 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,445 | €43,668 | -€6,777 | -13.4% |
| Other operating charges | 640/8 | €47,296 | €36,726 | -€10,570 | -22.3% |
| Gross operating margin | 9900 | -€100,936 | €33,391 | +€134,327 | |
| Operating profit (loss) | 9901 | -€198,678 | -€47,003 | +€151,675 | +76.3% |
| Financial charges | 65/66B | €15,408 | €12,546 | -€2,862 | -18.6% |
| Recurring financial charges | 65 | €15,408 | €12,546 | -€2,862 | -18.6% |
| Profit (loss) for the period before taxes | 9903 | -€214,086 | -€59,549 | +€154,537 | +72.2% |
| Income taxes | 67/77 | €837 | €821 | -€16 | -1.9% |
| Profit (loss) for the period | 9904 | -€214,923 | -€60,370 | +€154,553 | +71.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€214,923 | -€60,370 | +€154,553 | +71.9% |
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 15 October 2026 via checked.be.