METINES: 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.
METINES
Largest movements
- Current investments +€118,772
up €118,772 (+85.7%), from €138,600 to €257,372
- Cash -€54,056
down €54,056 (-61.7%), from €87,631 to €33,575
mainly Current investments (-€118,772) and Tax, wage and social debts (-€36)
- Receivables within one year -€5,678
down €5,678 (-19.5%), from €29,120 to €23,442
of which Other amounts receivable: -€4,939
- Reserves +€52,500
up €52,500 (+25.0%), from €210,360 to €262,860
- Gross operating margin -€27,417
down €27,417 (-24.5%), from €111,737 to €84,320
- Taxes -€11,888
down €11,888 (-31.7%), from €37,543 to €25,654
- Financial charges +€4,012
up €4,012 (+4,898%), from €82 to €4,094
- Financial income -€3,928
down €3,928 (-89.3%), from €4,400 to €472
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.
Derived cash bridge
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 | €259,812 | €316,622 | +€56,810 | +21.9% |
| Fixed assets | 21/28 | €1,643 | €1,076 | -€567 | -34.5% |
| Tangible fixed assets | 22/27 | €1,643 | €1,076 | -€567 | -34.5% |
| Plant, machinery and equipment | 23 | €1,643 | €1,076 | -€567 | -34.5% |
| Current assets | 29/58 | €258,169 | €315,545 | +€57,376 | +22.2% |
| Amounts receivable within one year | 40/41 | €29,120 | €23,442 | -€5,678 | -19.5% |
| Trade receivables | 40 | €1,344 | €605 | -€739 | -55.0% |
| Other amounts receivable | 41 | €27,776 | €22,837 | -€4,939 | -17.8% |
| Current investments | 50/53 | €138,600 | €257,372 | +€118,772 | +85.7% |
| Cash at bank and in hand | 54/58 | €87,631 | €33,575 | -€54,056 | -61.7% |
| Deferred charges and accrued income | 490/1 | €2,818 | €1,156 | -€1,662 | -59.0% |
| Total equity and liabilities | 10/49 | €259,812 | €316,622 | +€56,810 | +21.9% |
| Equity | 10/15 | €241,960 | €295,333 | +€53,373 | +22.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €210,360 | €262,860 | +€52,500 | +25.0% |
| Distributable reserves | 133 | €210,360 | €262,860 | +€52,500 | +25.0% |
| Profit (loss) carried forward | 14 | €19,200 | €20,073 | +€873 | +4.5% |
| Amounts payable | 17/49 | €17,852 | €21,289 | +€3,437 | +19.3% |
| Amounts payable within one year | 42/48 | €17,852 | €21,289 | +€3,437 | +19.3% |
| Trade debts | 44 | €1,120 | €2,060 | +€939 | +83.8% |
| Suppliers | 440/4 | €1,120 | €2,060 | +€939 | +83.8% |
| Taxes, remuneration and social security | 45 | €16,731 | €16,695 | -€36 | -0.2% |
| Taxes | 450/3 | €16,731 | €16,695 | -€36 | -0.2% |
| Other amounts payable | 47/48 | - | €2,534 | +€2,534 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57 | €567 | +€509 | +889% |
| Other operating charges | 640/8 | €986 | €1,104 | +€118 | +12.0% |
| Gross operating margin | 9900 | €111,737 | €84,320 | -€27,417 | -24.5% |
| Operating profit (loss) | 9901 | €110,694 | €82,649 | -€28,045 | -25.3% |
| Financial income | 75/76B | €4,400 | €472 | -€3,928 | -89.3% |
| Recurring financial income | 75 | €4,400 | €472 | -€3,928 | -89.3% |
| Financial charges | 65/66B | €82 | €4,094 | +€4,012 | +4,898% |
| Recurring financial charges | 65 | €82 | €4,094 | +€4,012 | +4,898% |
| Profit (loss) for the period before taxes | 9903 | €115,012 | €79,027 | -€35,985 | -31.3% |
| Income taxes | 67/77 | €37,543 | €25,654 | -€11,888 | -31.7% |
| Profit (loss) for the period | 9904 | €77,469 | €53,373 | -€24,097 | -31.1% |
| Profit (loss) for the period to be appropriated | 9905 | €77,469 | €53,373 | -€24,097 | -31.1% |
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 20 October 2026 via checked.be.