METESAN: 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.
METESAN
Largest movements
- Tangible fixed assets -€7,892
down €7,892 (-5.6%), from €140,243 to €132,351
- Deferred charges and accrued income -€4,013
down €4,013 (-15.4%), from €26,086 to €22,073
- Debts after one year -€23,361
down €23,361 (-15.0%), from €155,451 to €132,090
- Profit (loss) carried forward +€16,625
up €16,625 (+21.1%), from -€78,734 to -€62,109
- Other debts -€13,394
down €13,394 (-25.2%), from €53,246 to €39,852
- Trade debts +€3,179
new in 2025: €3,179
- Tax, wage and social debts +€2,965
up €2,965 (+488.2%), from €607 to €3,573
- Financial charges -€10,639
down €10,639 (-36.0%), from €29,583 to €18,944
- Gross operating margin +€5,096
up €5,096 (+10.2%), from €49,718 to €54,813
- Taxes +€3,207
new in 2025: €3,207
- Depreciation -€2,475
down €2,475 (-23.9%), from €10,367 to €7,892
- Other operating charges -€1,095
down €1,095 (-11.8%), from €9,240 to €8,145
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 | €172,562 | €160,398 | -€12,164 | -7.0% |
| Fixed assets | 21/28 | €140,243 | €132,351 | -€7,892 | -5.6% |
| Tangible fixed assets | 22/27 | €140,243 | €132,351 | -€7,892 | -5.6% |
| Land and buildings | 22 | €140,243 | €132,351 | -€7,892 | -5.6% |
| Current assets | 29/58 | €32,320 | €28,048 | -€4,272 | -13.2% |
| Amounts receivable within one year | 40/41 | €4,532 | €4,310 | -€222 | -4.9% |
| Other amounts receivable | 41 | €4,532 | €4,310 | -€222 | -4.9% |
| Cash at bank and in hand | 54/58 | €1,701 | €1,665 | -€36 | -2.1% |
| Deferred charges and accrued income | 490/1 | €26,086 | €22,073 | -€4,013 | -15.4% |
| Total equity and liabilities | 10/49 | €172,562 | €160,398 | -€12,164 | -7.0% |
| Equity | 10/15 | -€58,283 | -€41,657 | +€16,625 | +28.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Outside capital | 11 | €18,592 | €18,592 | = | 0.0% |
| Other | 1109/19 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€78,734 | -€62,109 | +€16,625 | +21.1% |
| Amounts payable | 17/49 | €230,845 | €202,056 | -€28,789 | -12.5% |
| Amounts payable after more than one year | 17 | €155,451 | €132,090 | -€23,361 | -15.0% |
| Financial debts | 170/4 | €155,451 | €132,090 | -€23,361 | -15.0% |
| Amounts payable within one year | 42/48 | €75,394 | €69,965 | -€5,429 | -7.2% |
| Current portion of amounts payable after more than one year | 42 | €21,541 | €23,361 | +€1,820 | +8.5% |
| Trade debts | 44 | - | €3,179 | +€3,179 | |
| Suppliers | 440/4 | - | €3,179 | +€3,179 | |
| Taxes, remuneration and social security | 45 | €607 | €3,573 | +€2,965 | +488.2% |
| Taxes | 450/3 | €607 | €3,573 | +€2,965 | +488.2% |
| Other amounts payable | 47/48 | €53,246 | €39,852 | -€13,394 | -25.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,367 | €7,892 | -€2,475 | -23.9% |
| Other operating charges | 640/8 | €9,240 | €8,145 | -€1,095 | -11.8% |
| Gross operating margin | 9900 | €49,718 | €54,813 | +€5,096 | +10.2% |
| Operating profit (loss) | 9901 | €30,110 | €38,776 | +€8,666 | +28.8% |
| Financial charges | 65/66B | €29,583 | €18,944 | -€10,639 | -36.0% |
| Recurring financial charges | 65 | €29,583 | €18,944 | -€10,639 | -36.0% |
| Profit (loss) for the period before taxes | 9903 | €527 | €19,832 | +€19,305 | +3661.6% |
| Income taxes | 67/77 | - | €3,207 | +€3,207 | |
| Profit (loss) for the period | 9904 | €527 | €16,625 | +€16,098 | +3053.4% |
| Profit (loss) for the period to be appropriated | 9905 | €527 | €16,625 | +€16,098 | +3053.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.