Metha4Power: 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.
Metha4Power
Largest movements
- Current investments +€40,000
new in 2025: €40,000
- Receivables within one year -€7,748
down €7,748 (-38.5%), from €20,132 to €12,384
- Cash +€4,463
up €4,463 (+2.8%), from €157,481 to €161,944
mainly Net result for the year (+€23,471) and Other debts (+€8,750)
- Profit (loss) carried forward +€17,763
no longer reported in 2025 (was -€17,763)
- Other debts +€8,750
up €8,750 (+587.6%), from €1,489 to €10,239
- Reserves +€5,708
up €5,708 (+3.2%), from €180,578 to €186,286
- Tax, wage and social debts +€4,507
up €4,507 (+61.8%), from €7,296 to €11,804
of which Taxes: +€4,507
- Gross operating margin -€9,732
down €9,732 (-22.0%), from €44,247 to €34,515
- Taxes +€3,514
up €3,514 (+2518.6%), from €140 to €3,653
- Financial income +€646
up €646 (+215363.3%), from €0 to €646
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 | €179,045 | €216,351 | +€37,306 | +20.8% |
| Fixed assets | 21/28 | €951 | €1,443 | +€492 | +51.8% |
| Tangible fixed assets | 22/27 | €951 | €1,443 | +€492 | +51.8% |
| Furniture and vehicles | 24 | €951 | €1,443 | +€492 | +51.8% |
| Current assets | 29/58 | €178,094 | €214,908 | +€36,814 | +20.7% |
| Amounts receivable within one year | 40/41 | €20,132 | €12,384 | -€7,748 | -38.5% |
| Trade receivables | 40 | €20,132 | €12,384 | -€7,748 | -38.5% |
| Current investments | 50/53 | - | €40,000 | +€40,000 | |
| Cash at bank and in hand | 54/58 | €157,481 | €161,944 | +€4,463 | +2.8% |
| Deferred charges and accrued income | 490/1 | €481 | €581 | +€99 | +20.6% |
| Total equity and liabilities | 10/49 | €179,045 | €216,351 | +€37,306 | +20.8% |
| Equity | 10/15 | €169,015 | €192,486 | +€23,471 | +13.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €180,578 | €186,286 | +€5,708 | +3.2% |
| Distributable reserves | 133 | €180,578 | €186,286 | +€5,708 | +3.2% |
| Profit (loss) carried forward | 14 | -€17,763 | - | +€17,763 | |
| Amounts payable | 17/49 | €10,030 | €23,865 | +€13,835 | +137.9% |
| Amounts payable within one year | 42/48 | €10,030 | €23,865 | +€13,835 | +137.9% |
| Trade debts | 44 | €1,245 | €1,823 | +€578 | +46.4% |
| Suppliers | 440/4 | €1,245 | €1,823 | +€578 | +46.4% |
| Taxes, remuneration and social security | 45 | €7,296 | €11,804 | +€4,507 | +61.8% |
| Taxes | 450/3 | €6,026 | €10,534 | +€4,507 | +74.8% |
| Remuneration and social security | 454/9 | €1,270 | €1,270 | = | 0.0% |
| Other amounts payable | 47/48 | €1,489 | €10,239 | +€8,750 | +587.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31 | €416 | +€385 | +1229.1% |
| Other operating charges | 640/8 | €634 | €475 | -€159 | -25.1% |
| Non-recurring operating charges | 66A | - | €7,086 | +€7,086 | |
| Gross operating margin | 9900 | €44,247 | €34,515 | -€9,732 | -22.0% |
| Operating profit (loss) | 9901 | €43,581 | €26,538 | -€17,043 | -39.1% |
| Financial income | 75/76B | €0 | €646 | +€646 | +215363.3% |
| Recurring financial income | 75 | €0 | €646 | +€646 | +215363.3% |
| Financial charges | 65/66B | €60 | €60 | -€0 | 0.0% |
| Recurring financial charges | 65 | €60 | €60 | -€0 | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €43,521 | €27,124 | -€16,397 | -37.7% |
| Income taxes | 67/77 | €140 | €3,653 | +€3,514 | +2518.6% |
| Profit (loss) for the period | 9904 | €43,382 | €23,471 | -€19,911 | -45.9% |
| Profit (loss) for the period to be appropriated | 9905 | €43,382 | €23,471 | -€19,911 | -45.9% |
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 6 October 2026 via checked.be.