MethodX: 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.
MethodX
Largest movements
- Cash +€153,718
up €153,718 (+151.6%), from €101,368 to €255,086
mainly Net result for the year (+€168,026) and Other debts (+€142,822)
- Receivables within one year +€28,722
up €28,722 (+35.7%), from €80,383 to €109,105
of which Other amounts receivable: +€28,548
- Tangible fixed assets -€7,160
down €7,160 (-15.7%), from €45,561 to €38,402
- Other debts +€142,822
new in 2025: €142,822
- Tax, wage and social debts +€29,414
up €29,414 (+289.0%), from €10,176 to €39,590
- Gross operating margin +€51,195
up €51,195 (+25.0%), from €204,422 to €255,617
- Depreciation +€5,943
up €5,943 (+122.0%), from €4,870 to €10,813
- Financial income +€4,924
up €4,924 (+154.6%), from €3,185 to €8,109
- Financial charges -€3,186
down €3,186 (-9.1%), from €34,822 to €31,636
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 | €333,187 | €509,257 | +€176,071 | +52.8% |
| Fixed assets | 21/28 | €45,561 | €38,402 | -€7,160 | -15.7% |
| Tangible fixed assets | 22/27 | €45,561 | €38,402 | -€7,160 | -15.7% |
| Furniture and vehicles | 24 | €45,561 | €38,402 | -€7,160 | -15.7% |
| Current assets | 29/58 | €287,626 | €470,856 | +€183,230 | +63.7% |
| Amounts receivable within one year | 40/41 | €80,383 | €109,105 | +€28,722 | +35.7% |
| Trade receivables | 40 | €36,072 | €36,246 | +€174 | +0.5% |
| Other amounts receivable | 41 | €44,311 | €72,859 | +€28,548 | +64.4% |
| Current investments | 50/53 | €100,000 | €99,914 | -€86 | -0.1% |
| Cash at bank and in hand | 54/58 | €101,368 | €255,086 | +€153,718 | +151.6% |
| Deferred charges and accrued income | 490/1 | €5,874 | €6,750 | +€876 | +14.9% |
| Total equity and liabilities | 10/49 | €333,187 | €509,257 | +€176,071 | +52.8% |
| Equity | 10/15 | €294,164 | €294,164 | = | 0.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €284,164 | €284,164 | = | 0.0% |
| Distributable reserves | 133 | €284,164 | €284,164 | = | 0.0% |
| Provisions and deferred taxes | 16 | €28,846 | €29,826 | +€980 | +3.4% |
| Provisions for liabilities and charges | 160/5 | €28,846 | €29,826 | +€980 | +3.4% |
| Other liabilities and charges | 164/5 | €28,846 | €29,826 | +€980 | +3.4% |
| Amounts payable | 17/49 | €10,176 | €185,267 | +€175,091 | +1720.5% |
| Amounts payable within one year | 42/48 | €10,176 | €185,267 | +€175,091 | +1720.5% |
| Financial debts | 43 | - | €2,503 | +€2,503 | |
| Credit institutions | 430/8 | - | €2,503 | +€2,503 | |
| Trade debts | 44 | €0 | €352 | +€352 | +234840.0% |
| Suppliers | 440/4 | €0 | €352 | +€352 | +234840.0% |
| Taxes, remuneration and social security | 45 | €10,176 | €39,590 | +€29,414 | +289.0% |
| Taxes | 450/3 | €10,176 | €39,590 | +€29,414 | +289.0% |
| Other amounts payable | 47/48 | - | €142,822 | +€142,822 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,870 | €10,813 | +€5,943 | +122.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€569 | €980 | +€1,549 | |
| Other operating charges | 640/8 | €138 | €197 | +€59 | +42.5% |
| Gross operating margin | 9900 | €204,422 | €255,617 | +€51,195 | +25.0% |
| Operating profit (loss) | 9901 | €199,983 | €243,628 | +€43,644 | +21.8% |
| Financial income | 75/76B | €3,185 | €8,109 | +€4,924 | +154.6% |
| Recurring financial income | 75 | €3,185 | €8,109 | +€4,924 | +154.6% |
| Financial charges | 65/66B | €34,822 | €31,636 | -€3,186 | -9.1% |
| Recurring financial charges | 65 | €34,822 | €31,636 | -€3,186 | -9.1% |
| Profit (loss) for the period before taxes | 9903 | €168,346 | €220,100 | +€51,754 | +30.7% |
| Income taxes | 67/77 | €49,943 | €52,074 | +€2,131 | +4.3% |
| Profit (loss) for the period | 9904 | €118,403 | €168,026 | +€49,623 | +41.9% |
| Profit (loss) for the period to be appropriated | 9905 | €118,403 | €168,026 | +€49,623 | +41.9% |
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.