METEORON: 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.
METEORON
Largest movements
- Cash -€51,106
down €51,106 (-94.9%), from €53,830 to €2,724
mainly Investment in fixed assets (net) (-€57,884) and Net result for the year (-€27,721)
- Tangible fixed assets +€46,462
up €46,462 (+43.3%), from €107,398 to €153,861
of which Plant, machinery and equipment: +€34,588
- Receivables within one year -€25,408
down €25,408 (-43.5%), from €58,374 to €32,966
of which Trade receivables: -€26,083
- Profit (loss) carried forward -€27,721
down €27,721 (-7.2%), from -€386,791 to -€414,512
- Other debts +€24,610
up €24,610 (+8.2%), from €299,747 to €324,358
- Trade debts -€20,041
down €20,041 (-72.8%), from €27,521 to €7,480
- Debts after one year -€3,464
down €3,464 (-1.5%), from €237,296 to €233,832
- Gross operating margin -€61,234
down €61,234, from €55,134 to -€6,100
- Depreciation +€9,468
up €9,468 (+484.6%), from €1,954 to €11,421
- Other operating charges +€727
up €727 (+50.7%), from €1,433 to €2,160
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 | €287,140 | €257,794 | -€29,346 | -10.2% |
| Fixed assets | 21/28 | €107,398 | €153,861 | +€46,462 | +43.3% |
| Tangible fixed assets | 22/27 | €107,398 | €153,861 | +€46,462 | +43.3% |
| Land and buildings | 22 | €101,111 | €101,111 | = | 0.0% |
| Plant, machinery and equipment | 23 | €559 | €35,147 | +€34,588 | +6185.0% |
| Furniture and vehicles | 24 | €5,728 | €17,603 | +€11,875 | +207.3% |
| Current assets | 29/58 | €179,742 | €103,934 | -€75,808 | -42.2% |
| Amounts receivable after more than one year | 29 | €300 | €300 | = | 0.0% |
| Other amounts receivable | 291 | €300 | €300 | = | 0.0% |
| Stocks and contracts in progress | 3 | €65,375 | €64,975 | -€400 | -0.6% |
| Stocks | 30/36 | €65,375 | €64,975 | -€400 | -0.6% |
| Amounts receivable within one year | 40/41 | €58,374 | €32,966 | -€25,408 | -43.5% |
| Trade receivables | 40 | €47,122 | €21,039 | -€26,083 | -55.4% |
| Other amounts receivable | 41 | €11,252 | €11,927 | +€675 | +6.0% |
| Cash at bank and in hand | 54/58 | €53,830 | €2,724 | -€51,106 | -94.9% |
| Deferred charges and accrued income | 490/1 | €1,862 | €2,969 | +€1,107 | +59.4% |
| Total equity and liabilities | 10/49 | €287,140 | €257,794 | -€29,346 | -10.2% |
| Equity | 10/15 | -€281,791 | -€309,512 | -€27,721 | -9.8% |
| Contributions | 10/11 | €80,000 | €80,000 | = | 0.0% |
| Capital | 10 | €80,000 | €80,000 | = | 0.0% |
| Issued capital | 100 | €80,000 | €80,000 | = | 0.0% |
| Revaluation surpluses | 12 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€386,791 | -€414,512 | -€27,721 | -7.2% |
| Amounts payable | 17/49 | €568,931 | €567,306 | -€1,624 | -0.3% |
| Amounts payable after more than one year | 17 | €237,296 | €233,832 | -€3,464 | -1.5% |
| Financial debts | 170/4 | €237,296 | €233,832 | -€3,464 | -1.5% |
| Amounts payable within one year | 42/48 | €331,634 | €333,474 | +€1,840 | +0.6% |
| Trade debts | 44 | €27,521 | €7,480 | -€20,041 | -72.8% |
| Suppliers | 440/4 | €27,521 | €7,480 | -€20,041 | -72.8% |
| Taxes, remuneration and social security | 45 | €4,366 | €1,637 | -€2,730 | -62.5% |
| Taxes | 450/3 | €4,366 | €1,637 | -€2,730 | -62.5% |
| Other amounts payable | 47/48 | €299,747 | €324,358 | +€24,610 | +8.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,954 | €11,421 | +€9,468 | +484.6% |
| Other operating charges | 640/8 | €1,433 | €2,160 | +€727 | +50.7% |
| Gross operating margin | 9900 | €55,134 | -€6,100 | -€61,234 | |
| Operating profit (loss) | 9901 | €51,747 | -€19,682 | -€71,429 | |
| Financial income | 75/76B | €968 | €450 | -€518 | -53.5% |
| Recurring financial income | 75 | €968 | €450 | -€518 | -53.5% |
| Financial charges | 65/66B | €8,418 | €8,490 | +€72 | +0.9% |
| Recurring financial charges | 65 | €8,418 | €8,490 | +€72 | +0.9% |
| Profit (loss) for the period before taxes | 9903 | €44,298 | -€27,721 | -€72,019 | |
| Profit (loss) for the period | 9904 | €44,298 | -€27,721 | -€72,019 | |
| Profit (loss) for the period to be appropriated | 9905 | €44,298 | -€27,721 | -€72,019 |
Source: filed annual accounts (NBB), fiscal years ended 1 May 2024 and 1 May 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.