Metis42: 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.
Metis42
Largest movements
- Cash -€502,343
down €502,343 (-57.7%), from €870,731 to €368,387
mainly Other debts (-€650,000) and Tax, wage and social debts (-€11,256)
- Other debts -€650,000
no longer reported in 2025 (was €650,000)
- Reserves +€154,370
up €154,370 (+67.3%), from €229,362 to €383,732
of which Distributable reserves: +€154,370
- Tax, wage and social debts -€11,256
down €11,256 (-91.9%), from €12,243 to €987
- Gross operating margin -€64,832
down €64,832 (-25.3%), from €256,393 to €191,561
- Taxes -€19,099
down €19,099 (-29.7%), from €64,331 to €45,231
- Financial income -€6,144
down €6,144 (-30.3%), from €20,291 to €14,147
- Other operating charges +€5,337
new in 2025: €5,337
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 | €914,649 | €411,709 | -€502,940 | -55.0% |
| Fixed assets | 21/28 | €21,452 | €20,792 | -€659 | -3.1% |
| Tangible fixed assets | 22/27 | €659 | - | -€659 | |
| Furniture and vehicles | 24 | €659 | - | -€659 | |
| Financial fixed assets | 28 | €20,792 | €20,792 | = | 0.0% |
| Current assets | 29/58 | €893,197 | €390,917 | -€502,280 | -56.2% |
| Amounts receivable within one year | 40/41 | €22,467 | €22,530 | +€63 | +0.3% |
| Trade receivables | 40 | €16,884 | €16,947 | +€63 | +0.4% |
| Other amounts receivable | 41 | €5,583 | €5,583 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €870,731 | €368,387 | -€502,343 | -57.7% |
| Total equity and liabilities | 10/49 | €914,649 | €411,709 | -€502,940 | -55.0% |
| Equity | 10/15 | €249,362 | €403,732 | +€154,370 | +61.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €229,362 | €383,732 | +€154,370 | +67.3% |
| Tax-exempt reserves | 132 | €116 | €116 | = | 0.0% |
| Distributable reserves | 133 | €229,246 | €383,616 | +€154,370 | +67.3% |
| Amounts payable | 17/49 | €665,287 | €7,978 | -€657,310 | -98.8% |
| Amounts payable within one year | 42/48 | €665,287 | €7,978 | -€657,310 | -98.8% |
| Financial debts | 43 | €3,044 | €6,990 | +€3,946 | +130% |
| Other loans | 439 | €3,044 | €6,990 | +€3,946 | +130% |
| Taxes, remuneration and social security | 45 | €12,243 | €987 | -€11,256 | -91.9% |
| Taxes | 450/3 | €12,243 | €987 | -€11,256 | -91.9% |
| Other amounts payable | 47/48 | €650,000 | - | -€650,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,441 | €659 | -€781 | -54.2% |
| Other operating charges | 640/8 | - | €5,337 | +€5,337 | |
| Gross operating margin | 9900 | €256,393 | €191,561 | -€64,832 | -25.3% |
| Operating profit (loss) | 9901 | €254,952 | €185,565 | -€69,388 | -27.2% |
| Financial income | 75/76B | €20,291 | €14,147 | -€6,144 | -30.3% |
| Recurring financial income | 75 | €20,291 | €14,147 | -€6,144 | -30.3% |
| Financial charges | 65/66B | €103 | €110 | +€7 | +6.9% |
| Recurring financial charges | 65 | €103 | €110 | +€7 | +6.9% |
| Profit (loss) for the period before taxes | 9903 | €275,140 | €199,601 | -€75,539 | -27.5% |
| Income taxes | 67/77 | €64,331 | €45,231 | -€19,099 | -29.7% |
| Profit (loss) for the period | 9904 | €210,809 | €154,370 | -€56,439 | -26.8% |
| Profit (loss) for the period to be appropriated | 9905 | €210,809 | €154,370 | -€56,439 | -26.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.