METIS-BRUSSELS: 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.
METIS-BRUSSELS
Largest movements
- Cash -€24,857
down €24,857 (-96.3%), from €25,815 to €958
mainly Net result for the year (-€16,182) and Receivables within one year (-€8,207)
- Receivables within one year +€8,207
up €8,207 (+119%), from €6,898 to €15,105
of which Trade receivables: +€8,535
- Tangible fixed assets +€740
up €740 (+89.0%), from €831 to €1,571
- Deferred charges and accrued income +€425
new in 2024: €425
- Profit (loss) carried forward -€16,182
down €16,182, from €1,432 to -€14,749
- Trade debts +€3,448
up €3,448 (+73.1%), from €4,715 to €8,163
- Other debts -€2,344
down €2,344 (-73.0%), from €3,211 to €867
- Tax, wage and social debts -€710
down €710 (-19.1%), from €3,726 to €3,016
of which Taxes: -€1,030
- Gross operating margin -€12,327
down €12,327 (-577%), from -€2,137 to -€14,464
- Depreciation +€379
up €379 (+45.7%), from €831 to €1,210
- Other operating charges -€342
down €342 (-98.5%), from €348 to €5
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.
Derived cash bridge
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 | €33,544 | €18,059 | -€15,485 | -46.2% |
| Fixed assets | 21/28 | €831 | €1,571 | +€740 | +89.0% |
| Tangible fixed assets | 22/27 | €831 | €1,571 | +€740 | +89.0% |
| Furniture and vehicles | 24 | €831 | €1,571 | +€740 | +89.0% |
| Current assets | 29/58 | €32,713 | €16,488 | -€16,225 | -49.6% |
| Amounts receivable within one year | 40/41 | €6,898 | €15,105 | +€8,207 | +119% |
| Trade receivables | 40 | €6,570 | €15,105 | +€8,535 | +130% |
| Other amounts receivable | 41 | €327 | - | -€327 | |
| Cash at bank and in hand | 54/58 | €25,815 | €958 | -€24,857 | -96.3% |
| Deferred charges and accrued income | 490/1 | - | €425 | +€425 | |
| Total equity and liabilities | 10/49 | €33,544 | €18,059 | -€15,485 | -46.2% |
| Equity | 10/15 | €21,892 | €5,711 | -€16,182 | -73.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,432 | -€14,749 | -€16,182 | |
| Amounts payable | 17/49 | €11,651 | €12,348 | +€697 | +6.0% |
| Amounts payable within one year | 42/48 | €11,651 | €12,348 | +€697 | +6.0% |
| Trade debts | 44 | €4,715 | €8,163 | +€3,448 | +73.1% |
| Suppliers | 440/4 | €4,715 | €8,163 | +€3,448 | +73.1% |
| Advances received on contracts in progress | 46 | - | €303 | +€303 | |
| Taxes, remuneration and social security | 45 | €3,726 | €3,016 | -€710 | -19.1% |
| Taxes | 450/3 | €3,726 | €2,696 | -€1,030 | -27.7% |
| Remuneration and social security | 454/9 | - | €320 | +€320 | |
| Other amounts payable | 47/48 | €3,211 | €867 | -€2,344 | -73.0% |
| Non-recurring operating income | 76A | - | €600 | +€600 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €831 | €1,210 | +€379 | +45.7% |
| Other operating charges | 640/8 | €348 | €5 | -€342 | -98.5% |
| Non-recurring operating charges | 66A | - | €310 | +€310 | |
| Gross operating margin | 9900 | -€2,137 | -€14,464 | -€12,327 | -577% |
| Operating profit (loss) | 9901 | -€3,315 | -€15,989 | -€12,674 | -382% |
| Financial income | 75/76B | €0 | €18 | +€18 | +44,475% |
| Recurring financial income | 75 | €0 | €18 | +€18 | +44,475% |
| Financial charges | 65/66B | €120 | €210 | +€90 | +75.4% |
| Recurring financial charges | 65 | €120 | €210 | +€90 | +75.4% |
| Profit (loss) for the period before taxes | 9903 | -€3,435 | -€16,182 | -€12,747 | -371% |
| Income taxes | 67/77 | €3 | €0 | -€3 | -95.7% |
| Profit (loss) for the period | 9904 | -€3,438 | -€16,182 | -€12,744 | -371% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,438 | -€16,182 | -€12,744 | -371% |
Source: filed annual accounts (NBB), financial years ended 30 June 2023 and 30 June 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.