METAVASI: 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.
METAVASI
Largest movements
- Receivables within one year +€23,433
up €23,433 (+3,488%), from €672 to €24,105
of which Other amounts receivable: +€16,055
- Cash +€15,097
up €15,097 (+28.7%), from €52,593 to €67,690
mainly Net result for the year (+€26,094) and Tax, wage and social debts (+€7,121)
- Deferred charges and accrued income -€3,331
down €3,331 (-19.4%), from €17,206 to €13,875
- Profit (loss) carried forward +€26,094
up €26,094 (+39.6%), from €65,850 to €91,944
- Tax, wage and social debts +€7,121
up €7,121 (+42.5%), from €16,761 to €23,882
- Trade debts +€1,660
up €1,660 (+2,149%), from €77 to €1,737
- Gross operating margin -€48,055
down €48,055 (-57.5%), from €83,646 to €35,591
- Taxes -€9,641
down €9,641 (-57.5%), from €16,761 to €7,120
- Depreciation +€1,923
up €1,923 (+191%), from €1,005 to €2,928
- Financial income +€1,781
new in 2025: €1,781
- Other operating charges +€1,117
new in 2025: €1,117
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 | €84,188 | €119,063 | +€34,875 | +41.4% |
| Fixed assets | 21/28 | €13,717 | €13,393 | -€324 | -2.4% |
| Tangible fixed assets | 22/27 | €13,717 | €13,393 | -€324 | -2.4% |
| Plant, machinery and equipment | 23 | €10,285 | €9,321 | -€964 | -9.4% |
| Furniture and vehicles | 24 | €3,432 | €4,072 | +€640 | +18.7% |
| Current assets | 29/58 | €70,471 | €105,670 | +€35,199 | +49.9% |
| Amounts receivable within one year | 40/41 | €672 | €24,105 | +€23,433 | +3,488% |
| Trade receivables | 40 | - | €7,378 | +€7,378 | |
| Other amounts receivable | 41 | €672 | €16,727 | +€16,055 | +2,390% |
| Cash at bank and in hand | 54/58 | €52,593 | €67,690 | +€15,097 | +28.7% |
| Deferred charges and accrued income | 490/1 | €17,206 | €13,875 | -€3,331 | -19.4% |
| Total equity and liabilities | 10/49 | €84,188 | €119,063 | +€34,875 | +41.4% |
| Equity | 10/15 | €67,350 | €93,444 | +€26,094 | +38.7% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €65,850 | €91,944 | +€26,094 | +39.6% |
| Amounts payable | 17/49 | €16,838 | €25,619 | +€8,781 | +52.1% |
| Amounts payable within one year | 42/48 | €16,838 | €25,619 | +€8,781 | +52.1% |
| Trade debts | 44 | €77 | €1,737 | +€1,660 | +2,149% |
| Suppliers | 440/4 | €77 | €1,737 | +€1,660 | +2,149% |
| Taxes, remuneration and social security | 45 | €16,761 | €23,882 | +€7,121 | +42.5% |
| Taxes | 450/3 | €16,761 | €23,882 | +€7,121 | +42.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,005 | €2,928 | +€1,923 | +191% |
| Other operating charges | 640/8 | - | €1,117 | +€1,117 | |
| Gross operating margin | 9900 | €83,646 | €35,591 | -€48,055 | -57.5% |
| Operating profit (loss) | 9901 | €82,641 | €31,546 | -€51,095 | -61.8% |
| Financial income | 75/76B | - | €1,781 | +€1,781 | |
| Recurring financial income | 75 | - | €1,781 | +€1,781 | |
| Financial charges | 65/66B | €30 | €113 | +€83 | +277% |
| Recurring financial charges | 65 | €30 | €113 | +€83 | +277% |
| Profit (loss) for the period before taxes | 9903 | €82,611 | €33,214 | -€49,397 | -59.8% |
| Income taxes | 67/77 | €16,761 | €7,120 | -€9,641 | -57.5% |
| Profit (loss) for the period | 9904 | €65,850 | €26,094 | -€39,756 | -60.4% |
| Profit (loss) for the period to be appropriated | 9905 | €65,850 | €26,094 | -€39,756 | -60.4% |
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 21 October 2026 via checked.be.