Metier: 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.
Metier
Largest movements
- Tangible fixed assets +€515,426
up €515,426 (+50.7%), from €1.0m to €1.5m
of which Land and buildings: +€505,259
- Receivables after one year +€144,000
up €144,000 (+328.8%), from €43,799 to €187,799
- Debts after one year +€686,366
up €686,366 (+75.7%), from €906,915 to €1.6m
of which Financial debts: +€436,712
- Advances received -€19,714
no longer reported in 2025 (was €19,714)
- Gross operating margin +€33,611
up €33,611 (+52.0%), from €64,599 to €98,210
- Financial charges +€18,993
up €18,993 (+85.5%), from €22,204 to €41,197
of which Financial charges: +€15,993
- Depreciation +€10,479
up €10,479 (+31.5%), from €33,252 to €43,731
- Other operating charges +€2,152
up €2,152 (+120.5%), from €1,786 to €3,938
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 | €1,100,182 | €1,783,239 | +€683,058 | +62.1% |
| Fixed assets | 21/28 | €1,049,803 | €1,574,528 | +€524,726 | +50.0% |
| Tangible fixed assets | 22/27 | €1,017,561 | €1,532,987 | +€515,426 | +50.7% |
| Land and buildings | 22 | €1,006,670 | €1,511,929 | +€505,259 | +50.2% |
| Plant, machinery and equipment | 23 | €10,891 | €21,058 | +€10,167 | +93.4% |
| Financial fixed assets | 28 | €32,242 | €41,542 | +€9,300 | +28.8% |
| Current assets | 29/58 | €50,379 | €208,711 | +€158,332 | +314.3% |
| Amounts receivable after more than one year | 29 | €43,799 | €187,799 | +€144,000 | +328.8% |
| Other amounts receivable | 291 | €43,799 | €187,799 | +€144,000 | +328.8% |
| Amounts receivable within one year | 40/41 | €4,214 | €3,559 | -€655 | -15.5% |
| Trade receivables | 40 | €4,199 | €1,577 | -€2,621 | -62.4% |
| Other amounts receivable | 41 | €16 | €1,982 | +€1,967 | +12687.9% |
| Cash at bank and in hand | 54/58 | €2,366 | €15,385 | +€13,019 | +550.3% |
| Deferred charges and accrued income | 490/1 | - | €1,968 | +€1,968 | |
| Total equity and liabilities | 10/49 | €1,100,182 | €1,783,239 | +€683,058 | +62.1% |
| Equity | 10/15 | €102,250 | €109,348 | +€7,098 | +6.9% |
| Contributions | 10/11 | €22,500 | €22,500 | = | 0.0% |
| Reserves | 13 | €79,750 | €86,848 | +€7,098 | +8.9% |
| Distributable reserves | 133 | €79,750 | €86,848 | +€7,098 | +8.9% |
| Amounts payable | 17/49 | €997,932 | €1,673,892 | +€675,960 | +67.7% |
| Amounts payable after more than one year | 17 | €906,915 | €1,593,281 | +€686,366 | +75.7% |
| Financial debts | 170/4 | €702,149 | €1,138,862 | +€436,712 | +62.2% |
| Other amounts payable | 178/9 | €204,766 | €454,420 | +€249,654 | +121.9% |
| Amounts payable within one year | 42/48 | €91,017 | €80,611 | -€10,406 | -11.4% |
| Current portion of amounts payable after more than one year | 42 | €48,789 | €65,484 | +€16,695 | +34.2% |
| Trade debts | 44 | €16,157 | €12,407 | -€3,749 | -23.2% |
| Suppliers | 440/4 | €16,157 | €12,407 | -€3,749 | -23.2% |
| Advances received on contracts in progress | 46 | €19,714 | - | -€19,714 | |
| Taxes, remuneration and social security | 45 | €6,357 | €2,719 | -€3,638 | -57.2% |
| Taxes | 450/3 | €6,357 | €2,719 | -€3,638 | -57.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,252 | €43,731 | +€10,479 | +31.5% |
| Other operating charges | 640/8 | €1,786 | €3,938 | +€2,152 | +120.5% |
| Gross operating margin | 9900 | €64,599 | €98,210 | +€33,611 | +52.0% |
| Operating profit (loss) | 9901 | €29,561 | €50,540 | +€20,980 | +71.0% |
| Financial income | 75/76B | €11 | €338 | +€327 | +3054.9% |
| Recurring financial income | 75 | €11 | €13 | +€2 | +22.7% |
| Non-recurring financial income | 76B | - | €325 | +€325 | |
| Financial charges | 65/66B | €22,204 | €41,197 | +€18,993 | +85.5% |
| Recurring financial charges | 65 | €22,204 | €38,197 | +€15,993 | +72.0% |
| Non-recurring financial charges | 66B | - | €3,000 | +€3,000 | |
| Profit (loss) for the period before taxes | 9903 | €7,367 | €9,682 | +€2,314 | +31.4% |
| Income taxes | 67/77 | €1,655 | €2,584 | +€928 | +56.1% |
| Profit (loss) for the period | 9904 | €5,712 | €7,098 | +€1,386 | +24.3% |
| Profit (loss) for the period to be appropriated | 9905 | €5,712 | €7,098 | +€1,386 | +24.3% |
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 10 October 2026 via checked.be.