METEOR: 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.
METEOR
Largest movements
- Cash +€13,653
up €13,653 (+161.5%), from €8,453 to €22,106
mainly Contributions, distributions and other (+€59,366) and Depreciation (+€24,972)
- Tangible fixed assets -€10,059
down €10,059 (-1.6%), from €634,676 to €624,616
of which Land and buildings: -€7,929
- Investment grants +€59,366
new in 2025: €59,366
- Other debts -€58,684
down €58,684 (-39.8%), from €147,499 to €88,816
- Debts after one year -€20,322
down €20,322 (-4.5%), from €448,485 to €428,163
- Accrued charges and deferred income +€12,750
up €12,750, from €0 to €12,750
- Reserves +€10,000
up €10,000 (+200.0%), from €5,000 to €15,000
- Financial income +€8,619
new in 2025: €8,619
- Depreciation +€3,138
up €3,138 (+14.4%), from €21,834 to €24,972
- Other operating charges -€3,074
down €3,074 (-43.1%), from €7,136 to €4,062
- Gross operating margin -€1,774
down €1,774 (-3.8%), from €46,637 to €44,863
- Financial charges -€686
down €686 (-4.2%), from €16,192 to €15,506
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 | €645,648 | €646,729 | +€1,081 | +0.2% |
| Fixed assets | 21/28 | €634,676 | €624,616 | -€10,059 | -1.6% |
| Tangible fixed assets | 22/27 | €634,676 | €624,616 | -€10,059 | -1.6% |
| Land and buildings | 22 | €625,564 | €617,635 | -€7,929 | -1.3% |
| Furniture and vehicles | 24 | €9,112 | €6,981 | -€2,131 | -23.4% |
| Current assets | 29/58 | €10,972 | €22,113 | +€11,141 | +101.5% |
| Amounts receivable within one year | 40/41 | €2,512 | €0 | -€2,512 | -100.0% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €2,512 | €0 | -€2,512 | -100.0% |
| Cash at bank and in hand | 54/58 | €8,453 | €22,106 | +€13,653 | +161.5% |
| Deferred charges and accrued income | 490/1 | €7 | €7 | +€0 | +1.7% |
| Total equity and liabilities | 10/49 | €645,648 | €646,729 | +€1,081 | +0.2% |
| Equity | 10/15 | €25,828 | €94,555 | +€68,727 | +266.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €5,000 | €15,000 | +€10,000 | +200.0% |
| Distributable reserves | 133 | €5,000 | €15,000 | +€10,000 | +200.0% |
| Profit (loss) carried forward | 14 | €828 | €189 | -€640 | -77.2% |
| Investment grants | 15 | - | €59,366 | +€59,366 | |
| Amounts payable | 17/49 | €619,819 | €552,174 | -€67,645 | -10.9% |
| Amounts payable after more than one year | 17 | €448,485 | €428,163 | -€20,322 | -4.5% |
| Financial debts | 170/4 | €448,485 | €428,163 | -€20,322 | -4.5% |
| Amounts payable within one year | 42/48 | €171,335 | €111,261 | -€60,074 | -35.1% |
| Current portion of amounts payable after more than one year | 42 | €19,654 | €20,322 | +€668 | +3.4% |
| Trade debts | 44 | €3,691 | €2,124 | -€1,567 | -42.5% |
| Suppliers | 440/4 | €3,691 | €2,124 | -€1,567 | -42.5% |
| Taxes, remuneration and social security | 45 | €491 | €0 | -€491 | -100.0% |
| Taxes | 450/3 | €491 | €0 | -€491 | -100.0% |
| Other amounts payable | 47/48 | €147,499 | €88,816 | -€58,684 | -39.8% |
| Accrued charges and deferred income | 492/3 | €0 | €12,750 | +€12,750 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,834 | €24,972 | +€3,138 | +14.4% |
| Other operating charges | 640/8 | €7,136 | €4,062 | -€3,074 | -43.1% |
| Gross operating margin | 9900 | €46,637 | €44,863 | -€1,774 | -3.8% |
| Operating profit (loss) | 9901 | €17,667 | €15,829 | -€1,838 | -10.4% |
| Financial income | 75/76B | - | €8,619 | +€8,619 | |
| Recurring financial income | 75 | - | €8,619 | +€8,619 | |
| Financial charges | 65/66B | €16,192 | €15,506 | -€686 | -4.2% |
| Recurring financial charges | 65 | €16,192 | €15,506 | -€686 | -4.2% |
| Profit (loss) for the period before taxes | 9903 | €1,475 | €8,942 | +€7,466 | +506.1% |
| Income taxes | 67/77 | €0 | -€419 | -€419 | |
| Profit (loss) for the period | 9904 | €1,475 | €9,360 | +€7,885 | +534.4% |
| Profit (loss) for the period to be appropriated | 9905 | €1,475 | €9,360 | +€7,885 | +534.4% |
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 8 October 2026 via checked.be.