"METHAVERNEUX": 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.
"METHAVERNEUX"
Largest movements
- Tangible fixed assets -€205,868
down €205,868 (-6.9%), from €3.0m to €2.8m
of which Land and buildings: -€168,532
- Deferred charges and accrued income -€56,263
down €56,263 (-32.6%), from €172,799 to €116,535
- Debts after one year -€215,547
down €215,547 (-10.8%), from €2.0m to €1.8m
- Profit (loss) carried forward +€54,019
up €54,019 (+28.4%), from €190,006 to €244,024
- Current portion of long-term debt -€39,006
down €39,006 (-9.9%), from €392,812 to €353,805
- Trade debts -€32,998
down €32,998 (-23.5%), from €140,314 to €107,316
- Turnover +€468,168
new in 2024: €468,168
- Purchases and services +€198,835
new in 2024: €198,835
- Gross operating margin -€79,942
down €79,942 (-18.0%), from €444,305 to €364,364
- Other operating charges -€10,250
down €10,250 (-77.2%), from €13,285 to €3,035
- Financial charges +€7,766
up €7,766 (+9.0%), from €86,154 to €93,920
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,236,049 | €2,972,289 | -€263,760 | -8.2% |
| Fixed assets | 21/28 | €2,993,430 | €2,783,982 | -€209,448 | -7.0% |
| Intangible fixed assets | 21 | €17,900 | €14,320 | -€3,580 | -20.0% |
| Tangible fixed assets | 22/27 | €2,974,530 | €2,768,662 | -€205,868 | -6.9% |
| Land and buildings | 22 | €2,662,532 | €2,494,000 | -€168,532 | -6.3% |
| Plant, machinery and equipment | 23 | €180,930 | €158,734 | -€22,196 | -12.3% |
| Furniture and vehicles | 24 | €131,068 | €115,928 | -€15,140 | -11.6% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €242,619 | €188,307 | -€54,312 | -22.4% |
| Stocks and contracts in progress | 3 | €61,146 | €71,091 | +€9,945 | +16.3% |
| Stocks | 30/36 | €61,146 | €71,091 | +€9,945 | +16.3% |
| Amounts receivable within one year | 40/41 | €8,510 | €681 | -€7,829 | -92.0% |
| Trade receivables | 40 | €8,510 | €681 | -€7,829 | -92.0% |
| Cash at bank and in hand | 54/58 | €165 | - | -€165 | |
| Deferred charges and accrued income | 490/1 | €172,799 | €116,535 | -€56,263 | -32.6% |
| Total equity and liabilities | 10/49 | €3,236,049 | €2,972,289 | -€263,760 | -8.2% |
| Equity | 10/15 | €695,731 | €727,034 | +€31,304 | +4.5% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Capital | 10 | €150,000 | - | -€150,000 | |
| Issued capital | 100 | €150,000 | - | -€150,000 | |
| Reserves | 13 | €15,000 | €15,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €15,000 | €15,000 | = | 0.0% |
| Legal reserve | 130 | €15,000 | - | -€15,000 | |
| Other | 1319 | - | €15,000 | +€15,000 | |
| Profit (loss) carried forward | 14 | €190,006 | €244,024 | +€54,019 | +28.4% |
| Investment grants | 15 | €340,725 | €318,010 | -€22,715 | -6.7% |
| Amounts payable | 17/49 | €2,540,319 | €2,245,254 | -€295,064 | -11.6% |
| Amounts payable after more than one year | 17 | €1,989,478 | €1,773,931 | -€215,547 | -10.8% |
| Financial debts | 170/4 | €1,989,478 | €1,773,931 | -€215,547 | -10.8% |
| Amounts payable within one year | 42/48 | €533,126 | €465,744 | -€67,382 | -12.6% |
| Current portion of amounts payable after more than one year | 42 | €392,812 | €353,805 | -€39,006 | -9.9% |
| Trade debts | 44 | €140,314 | €107,316 | -€32,998 | -23.5% |
| Suppliers | 440/4 | €140,314 | €107,316 | -€32,998 | -23.5% |
| Other amounts payable | 47/48 | - | €4,622 | +€4,622 | |
| Accrued charges and deferred income | 492/3 | €17,715 | €5,580 | -€12,135 | -68.5% |
| Turnover | 70 | - | €468,168 | +€468,168 | |
| Non-recurring operating income | 76A | - | €95,031 | +€95,031 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €198,835 | +€198,835 | |
| Remuneration, social security and pensions | 62 | €4,093 | €6 | -€4,086 | -99.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €206,263 | €213,383 | +€7,121 | +3.5% |
| Other operating charges | 640/8 | €13,285 | €3,035 | -€10,250 | -77.2% |
| Gross operating margin | 9900 | €444,305 | €364,364 | -€79,942 | -18.0% |
| Operating profit (loss) | 9901 | €220,665 | €147,938 | -€72,726 | -33.0% |
| Financial charges | 65/66B | €86,154 | €93,920 | +€7,766 | +9.0% |
| Recurring financial charges | 65 | €86,154 | €93,920 | +€7,766 | +9.0% |
| Profit (loss) for the period before taxes | 9903 | €134,511 | €54,019 | -€80,492 | -59.8% |
| Profit (loss) for the period | 9904 | €134,511 | €54,019 | -€80,492 | -59.8% |
| Profit (loss) for the period to be appropriated | 9905 | €134,511 | €54,019 | -€80,492 | -59.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.