METAVISION: 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.
METAVISION
Largest movements
- Receivables after one year -€50,000
no longer reported in 2025 (was €50,000)
- Receivables within one year +€17,431
up €17,431 (+180.7%), from €9,647 to €27,079
of which Trade receivables: +€26,600
- Tangible fixed assets -€16,077
down €16,077 (-9.7%), from €166,590 to €150,513
of which Furniture and vehicles: -€11,779
- Cash +€2,589
up €2,589 (+27.1%), from €9,558 to €12,147
mainly Receivables after one year (+€50,000) and Depreciation (+€16,077)
- Reserves -€40,444
down €40,444 (-36.3%), from €111,443 to €70,999
- Debts after one year -€10,498
down €10,498 (-12.4%), from €84,552 to €74,054
- Current portion of long-term debt -€10,013
down €10,013 (-48.8%), from €20,512 to €10,498
- Other debts +€9,020
up €9,020 (+1137.8%), from €793 to €9,813
- Tax, wage and social debts +€3,053
up €3,053 (+1017.7%), from €300 to €3,353
- Gross operating margin +€25,976
up €25,976 (+194.3%), from €13,368 to €39,345
- Taxes +€7,054
up €7,054 (+527.0%), from €1,339 to €8,393
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 | €236,620 | €190,711 | -€45,909 | -19.4% |
| Fixed assets | 21/28 | €166,590 | €150,513 | -€16,077 | -9.7% |
| Tangible fixed assets | 22/27 | €166,590 | €150,513 | -€16,077 | -9.7% |
| Land and buildings | 22 | €140,902 | €136,604 | -€4,298 | -3.1% |
| Furniture and vehicles | 24 | €25,689 | €13,909 | -€11,779 | -45.9% |
| Current assets | 29/58 | €70,029 | €40,198 | -€29,831 | -42.6% |
| Amounts receivable after more than one year | 29 | €50,000 | - | -€50,000 | |
| Other amounts receivable | 291 | €50,000 | - | -€50,000 | |
| Amounts receivable within one year | 40/41 | €9,647 | €27,079 | +€17,431 | +180.7% |
| Trade receivables | 40 | - | €26,600 | +€26,600 | |
| Other amounts receivable | 41 | €9,647 | €479 | -€9,169 | -95.0% |
| Cash at bank and in hand | 54/58 | €9,558 | €12,147 | +€2,589 | +27.1% |
| Deferred charges and accrued income | 490/1 | €824 | €972 | +€148 | +18.0% |
| Total equity and liabilities | 10/49 | €236,620 | €190,711 | -€45,909 | -19.4% |
| Equity | 10/15 | €130,043 | €89,599 | -€40,444 | -31.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €111,443 | €70,999 | -€40,444 | -36.3% |
| Distributable reserves | 133 | €111,443 | €70,999 | -€40,444 | -36.3% |
| Amounts payable | 17/49 | €106,576 | €101,112 | -€5,464 | -5.1% |
| Amounts payable after more than one year | 17 | €84,552 | €74,054 | -€10,498 | -12.4% |
| Financial debts | 170/4 | €84,552 | €74,054 | -€10,498 | -12.4% |
| Amounts payable within one year | 42/48 | €22,024 | €27,058 | +€5,034 | +22.9% |
| Current portion of amounts payable after more than one year | 42 | €20,512 | €10,498 | -€10,013 | -48.8% |
| Financial debts | 43 | - | €2,511 | +€2,511 | |
| Credit institutions | 430/8 | - | €2,511 | +€2,511 | |
| Trade debts | 44 | €420 | €883 | +€464 | +110.4% |
| Suppliers | 440/4 | €420 | €883 | +€464 | +110.4% |
| Taxes, remuneration and social security | 45 | €300 | €3,353 | +€3,053 | +1017.7% |
| Taxes | 450/3 | €300 | €3,353 | +€3,053 | +1017.7% |
| Other amounts payable | 47/48 | €793 | €9,813 | +€9,020 | +1137.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,077 | €16,077 | = | 0.0% |
| Other operating charges | 640/8 | €1,836 | €1,954 | +€118 | +6.4% |
| Gross operating margin | 9900 | €13,368 | €39,345 | +€25,976 | +194.3% |
| Operating profit (loss) | 9901 | -€4,545 | €21,313 | +€25,858 | |
| Financial income | 75/76B | €1,125 | €1,128 | +€3 | +0.3% |
| Recurring financial income | 75 | €1,125 | €1,128 | +€3 | +0.3% |
| Financial charges | 65/66B | €1,587 | €1,623 | +€36 | +2.3% |
| Recurring financial charges | 65 | €1,587 | €1,623 | +€36 | +2.3% |
| Profit (loss) for the period before taxes | 9903 | -€5,007 | €20,818 | +€25,825 | |
| Income taxes | 67/77 | €1,339 | €8,393 | +€7,054 | +527.0% |
| Profit (loss) for the period | 9904 | -€6,345 | €12,425 | +€18,771 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,345 | €12,425 | +€18,771 |
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 6 October 2026 via checked.be.