METECHCO: 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.
METECHCO
Largest movements
- Cash -€1.6m
down €1.6m (-91.3%), from €1.7m to €150,618
mainly Other debts (-€4.0m) and Current portion of long-term debt (-€2.0m)
- Deferred charges and accrued income +€68,556
up €68,556 (+166.6%), from €41,145 to €109,702
- Profit (loss) carried forward +€4.4m
up €4.4m (+47983.3%), from €9,119 to €4.4m
- Other debts -€4.0m
no longer reported in 2025 (was €4.0m)
- Current portion of long-term debt -€2.0m
no longer reported in 2025 (was €2.0m)
- Trade debts +€76,220
up €76,220 (+164.9%), from €46,229 to €122,449
- Financial income +€1.0m
up €1.0m (+28.6%), from €3.5m to €4.5m
- Financial charges -€71,061
down €71,061 (-66.2%), from €107,385 to €36,324
- Staff costs +€57,122
up €57,122 (+11.6%), from €491,474 to €548,596
- Services and other goods +€37,519
up €37,519 (+11.2%), from €335,769 to €373,288
- Depreciation -€26,575
down €26,575 (-32.7%), from €81,378 to €54,803
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 | €6,384,004 | €4,846,697 | -€1.5m | -24.1% |
| Fixed assets | 21/28 | €4,605,384 | €4,586,377 | -€19,008 | -0.4% |
| Intangible fixed assets | 21 | €114,042 | €72,041 | -€42,001 | -36.8% |
| Tangible fixed assets | 22/27 | €33,792 | €56,785 | +€22,994 | +68.0% |
| Furniture and vehicles | 24 | €33,792 | €56,785 | +€22,994 | +68.0% |
| Financial fixed assets | 28 | €4,457,550 | €4,457,550 | = | 0.0% |
| Affiliated companies | 280/1 | €4,457,550 | €4,457,550 | = | 0.0% |
| Participating interests | 280 | €4,457,550 | €4,457,550 | = | 0.0% |
| Current assets | 29/58 | €1,778,620 | €260,320 | -€1.5m | -85.4% |
| Cash at bank and in hand | 54/58 | €1,737,475 | €150,618 | -€1.6m | -91.3% |
| Deferred charges and accrued income | 490/1 | €41,145 | €109,702 | +€68,556 | +166.6% |
| Total equity and liabilities | 10/49 | €6,384,004 | €4,846,697 | -€1.5m | -24.1% |
| Equity | 10/15 | €229,119 | €4,604,755 | +€4.4m | +1909.8% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Capital | 10 | €200,000 | €200,000 | = | 0.0% |
| Issued capital | 100 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | €20,000 | €20,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €20,000 | €20,000 | = | 0.0% |
| Legal reserve | 130 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,119 | €4,384,755 | +€4.4m | +47983.3% |
| Amounts payable | 17/49 | €6,154,885 | €241,941 | -€5.9m | -96.1% |
| Amounts payable within one year | 42/48 | €6,154,885 | €241,941 | -€5.9m | -96.1% |
| Current portion of amounts payable after more than one year | 42 | €2,000,000 | - | -€2.0m | |
| Trade debts | 44 | €46,229 | €122,449 | +€76,220 | +164.9% |
| Suppliers | 440/4 | €46,229 | €122,449 | +€76,220 | +164.9% |
| Taxes, remuneration and social security | 45 | €108,657 | €119,493 | +€10,836 | +10.0% |
| Taxes | 450/3 | €43,507 | €44,941 | +€1,433 | +3.3% |
| Remuneration and social security | 454/9 | €65,150 | €74,552 | +€9,402 | +14.4% |
| Other amounts payable | 47/48 | €4,000,000 | - | -€4.0m | |
| Operating income | 70/76A | €900,355 | €892,570 | -€7,785 | -0.9% |
| Turnover | 70 | €240,000 | €240,000 | = | 0.0% |
| Other operating income | 74 | €660,355 | €645,874 | -€14,481 | -2.2% |
| Non-recurring operating income | 76A | - | €6,697 | +€6,697 | |
| Operating charges | 60/66A | €911,674 | €979,373 | +€67,699 | +7.4% |
| Services and other goods | 61 | €335,769 | €373,288 | +€37,519 | +11.2% |
| Remuneration, social security and pensions | 62 | €491,474 | €548,596 | +€57,122 | +11.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €81,378 | €54,803 | -€26,575 | -32.7% |
| Other operating charges | 640/8 | €3,052 | €2,561 | -€492 | -16.1% |
| Non-recurring operating charges | 66A | - | €125 | +€125 | |
| Operating profit (loss) | 9901 | -€11,319 | -€86,803 | -€75,484 | -666.9% |
| Financial income | 75/76B | €3,500,000 | €4,500,000 | +€1.0m | +28.6% |
| Recurring financial income | 75 | €3,500,000 | €4,500,000 | +€1.0m | +28.6% |
| Income from financial fixed assets | 750 | €3,500,000 | €4,500,000 | +€1.0m | +28.6% |
| Financial charges | 65/66B | €107,385 | €36,324 | -€71,061 | -66.2% |
| Recurring financial charges | 65 | €107,385 | €36,324 | -€71,061 | -66.2% |
| Debt charges | 650 | €106,968 | €36,010 | -€70,957 | -66.3% |
| Other financial charges | 652/9 | €417 | €313 | -€104 | -24.9% |
| Profit (loss) for the period before taxes | 9903 | €3,381,296 | €4,376,874 | +€995,577 | +29.4% |
| Income taxes | 67/77 | €1,267 | €1,237 | -€29 | -2.3% |
| Taxes | 670/3 | €1,267 | €1,237 | -€29 | -2.3% |
| Profit (loss) for the period | 9904 | €3,380,029 | €4,375,636 | +€995,607 | +29.5% |
| Profit (loss) for the period to be appropriated | 9905 | €3,380,029 | €4,375,636 | +€995,607 | +29.5% |
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 10 October 2026 via checked.be.