Metecon: what changed
Metecon
Largest movements
- Receivables within one year +€31,082
up €31,082 (+261%), from €11,927 to €43,010
of which Other amounts receivable: +€30,917
- Tangible fixed assets +€11,050
new in 2025: €11,050
of which Other tangible fixed assets: +€6,717
- Cash -€1,587
down €1,587 (-6.6%), from €24,191 to €22,604
mainly Receivables within one year (-€31,082) and Investment in fixed assets (net) (-€12,042)
- Reserves +€33,066
up €33,066 (+180%), from €18,358 to €51,424
- Tax, wage and social debts +€10,400
up €10,400 (+86.8%), from €11,981 to €22,381
- Other debts -€2,000
no longer reported in 2025 (was €2,000)
- Gross operating margin +€18,296
up €18,296 (+70.0%), from €26,136 to €44,432
- Taxes +€4,773
up €4,773 (+90.9%), from €5,251 to €10,024
- Financial income +€1,230
new in 2025: €1,230
- Depreciation +€993
new in 2025: €993
- Financial charges +€612
new in 2025: €612
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €36,205 | €76,663 | +€40,458 | +112% |
| Fixed assets | 21/28 | - | €11,050 | +€11,050 | |
| Tangible fixed assets | 22/27 | - | €11,050 | +€11,050 | |
| Plant, machinery and equipment | 23 | - | €3,294 | +€3,294 | |
| Furniture and vehicles | 24 | - | €1,039 | +€1,039 | |
| Other tangible fixed assets | 26 | - | €6,717 | +€6,717 | |
| Current assets | 29/58 | €36,205 | €65,614 | +€29,409 | +81.2% |
| Amounts receivable within one year | 40/41 | €11,927 | €43,010 | +€31,082 | +261% |
| Trade receivables | 40 | €11,435 | €11,600 | +€165 | +1.4% |
| Other amounts receivable | 41 | €493 | €31,410 | +€30,917 | +6,272% |
| Cash at bank and in hand | 54/58 | €24,191 | €22,604 | -€1,587 | -6.6% |
| Deferred charges and accrued income | 490/1 | €87 | - | -€87 | |
| Total equity and liabilities | 10/49 | €36,205 | €76,663 | +€40,458 | +112% |
| Equity | 10/15 | €20,358 | €53,424 | +€33,066 | +162% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €18,358 | €51,424 | +€33,066 | +180% |
| Distributable reserves | 133 | €18,358 | €51,424 | +€33,066 | +180% |
| Amounts payable | 17/49 | €15,847 | €23,239 | +€7,392 | +46.6% |
| Amounts payable within one year | 42/48 | €15,431 | €23,239 | +€7,808 | +50.6% |
| Trade debts | 44 | €1,450 | €858 | -€592 | -40.8% |
| Suppliers | 440/4 | €1,450 | €858 | -€592 | -40.8% |
| Taxes, remuneration and social security | 45 | €11,981 | €22,381 | +€10,400 | +86.8% |
| Taxes | 450/3 | €11,981 | €22,381 | +€10,400 | +86.8% |
| Other amounts payable | 47/48 | €2,000 | - | -€2,000 | |
| Accrued charges and deferred income | 492/3 | €416 | - | -€416 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €993 | +€993 | |
| Other operating charges | 640/8 | €527 | €968 | +€441 | +83.5% |
| Gross operating margin | 9900 | €26,136 | €44,432 | +€18,296 | +70.0% |
| Operating profit (loss) | 9901 | €25,609 | €42,471 | +€16,862 | +65.8% |
| Financial income | 75/76B | - | €1,230 | +€1,230 | |
| Recurring financial income | 75 | - | €1,230 | +€1,230 | |
| Financial charges | 65/66B | - | €612 | +€612 | |
| Recurring financial charges | 65 | - | €612 | +€612 | |
| Profit (loss) for the period before taxes | 9903 | €25,609 | €43,090 | +€17,481 | +68.3% |
| Income taxes | 67/77 | €5,251 | €10,024 | +€4,773 | +90.9% |
| Profit (loss) for the period | 9904 | €20,358 | €33,066 | +€12,708 | +62.4% |
| Profit (loss) for the period to be appropriated | 9905 | €20,358 | €33,066 | +€12,708 | +62.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.