METES PARK: 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.
What changed
METES PARK
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€266,343
2024 · €355,100-€88,756
Equity
€3.1m
2024 · €3.1m+€11,343
Cash
€136,558
2024 · €95,559+€40,999
Balance sheet total
€3.4m
2024 · €7.7m-€4.3m
Largest movements
Assets
- Receivables after one year -€2.4m
down €2.4m (-100%), from €2.4m to €0
- Receivables within one year -€1.9m
down €1.9m (-38.3%), from €4.9m to €3.0m
of which Other amounts receivable: -€1.9m
Equity and liabilities
- Current portion of long-term debt -€4.3m
down €4.3m (-99.9%), from €4.3m to €5,151
- Other debts -€85,000
down €85,000 (-25.0%), from €340,000 to €255,000
Income statement
- Financial income -€108,159
down €108,159 (-74.2%), from €145,760 to €37,601
- Gross operating margin +€25,212
up €25,212 (+6.2%), from €404,515 to €429,727
- Other operating charges +€4,744
up €4,744 (+3.1%), from €152,854 to €157,598
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.
Result 2024
€355,100
Gross operating margin
+€25,212
Depreciation
+€1,137
Other operating charges
-€4,744
Other operating items
+€34
Financial income
-€108,159
Financial charges
-€3,573
Taxes
+€1,336
Result 2025
€266,343
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
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.
From operations
+€4.5m
Investment
€0
Financing
-€4.5m
Cash 2024
€95,559
From operations (derived)
+€4.5m
Net result for the year
+€266,343
Depreciation
+€8,409
Receivables after one year
+€2.4m
Receivables within one year
+€1.9m
Deferred charges and accrued income
+€44,035
Smaller working-capital items
-€680
Other debts
-€85,000
Financing
-€4.5m
Current portion of long-term debt
-€4.3m
Contributions, distributions and other
-€255,000
Cash 2025
€136,558
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,686,466 | €3,362,130 | -€4.3m | -56.3% |
| Fixed assets | 21/28 | €166,827 | €158,418 | -€8,409 | -5.0% |
| Tangible fixed assets | 22/27 | €161,827 | €153,418 | -€8,409 | -5.2% |
| Land and buildings | 22 | €161,827 | €153,418 | -€8,409 | -5.2% |
| Financial fixed assets | 28 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €7,519,639 | €3,203,712 | -€4.3m | -57.4% |
| Amounts receivable after more than one year | 29 | €2,440,000 | €0 | -€2.4m | -100% |
| Other amounts receivable | 291 | €2,440,000 | €0 | -€2.4m | -100% |
| Amounts receivable within one year | 40/41 | €4,888,930 | €3,016,039 | -€1.9m | -38.3% |
| Trade receivables | 40 | €0 | €250 | +€250 | |
| Other amounts receivable | 41 | €4,888,930 | €3,015,789 | -€1.9m | -38.3% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €95,559 | €136,558 | +€40,999 | +42.9% |
| Deferred charges and accrued income | 490/1 | €95,150 | €51,115 | -€44,035 | -46.3% |
| Total equity and liabilities | 10/49 | €7,686,466 | €3,362,130 | -€4.3m | -56.3% |
| Equity | 10/15 | €3,089,612 | €3,100,955 | +€11,343 | +0.4% |
| Contributions | 10/11 | €3,718,827 | €3,718,827 | = | 0.0% |
| Capital | 10 | €3,718,827 | €3,718,827 | = | 0.0% |
| Issued capital | 100 | €3,718,827 | €3,718,827 | = | 0.0% |
| Uncalled capital | 101 | €0 | - | = | |
| Reserves | 13 | €44,818 | €58,135 | +€13,317 | +29.7% |
| Non-distributable reserves | 130/1 | €44,818 | €58,135 | +€13,317 | +29.7% |
| Legal reserve | 130 | €44,818 | €58,135 | +€13,317 | +29.7% |
| Profit (loss) carried forward | 14 | -€674,033 | -€676,007 | -€1,974 | -0.3% |
| Amounts payable | 17/49 | €4,596,854 | €261,175 | -€4.3m | -94.3% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €4,596,854 | €260,925 | -€4.3m | -94.3% |
| Current portion of amounts payable after more than one year | 42 | €4,255,151 | €5,151 | -€4.3m | -99.9% |
| Trade debts | 44 | €1,703 | €774 | -€930 | -54.6% |
| Suppliers | 440/4 | €1,703 | €774 | -€930 | -54.6% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €340,000 | €255,000 | -€85,000 | -25.0% |
| Accrued charges and deferred income | 492/3 | - | €250 | +€250 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,546 | €8,409 | -€1,137 | -11.9% |
| Other operating charges | 640/8 | €152,854 | €157,598 | +€4,744 | +3.1% |
| Non-recurring operating charges | 66A | €284 | €250 | -€34 | -11.9% |
| Gross operating margin | 9900 | €404,515 | €429,727 | +€25,212 | +6.2% |
| Operating profit (loss) | 9901 | €241,831 | €263,470 | +€21,639 | +8.9% |
| Financial income | 75/76B | €145,760 | €37,601 | -€108,159 | -74.2% |
| Recurring financial income | 75 | €145,760 | €37,601 | -€108,159 | -74.2% |
| Financial charges | 65/66B | €26,686 | €30,258 | +€3,573 | +13.4% |
| Recurring financial charges | 65 | €26,686 | €30,258 | +€3,573 | +13.4% |
| Profit (loss) for the period before taxes | 9903 | €360,906 | €270,813 | -€90,093 | -25.0% |
| Income taxes | 67/77 | €5,806 | €4,470 | -€1,336 | -23.0% |
| Profit (loss) for the period | 9904 | €355,100 | €266,343 | -€88,756 | -25.0% |
| Profit (loss) for the period to be appropriated | 9905 | €355,100 | €266,343 | -€88,756 | -25.0% |
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 24 October 2026 via checked.be.