METODO: 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.
METODO
Largest movements
- Cash -€148,380
down €148,380 (-74.7%), from €198,523 to €50,143
mainly Debts after one year (-€153,190) and Tax, wage and social debts (-€145,253)
- Receivables within one year -€117,288
down €117,288 (-95.0%), from €123,430 to €6,142
of which Other amounts receivable: -€69,949
- Tangible fixed assets -€36,708
down €36,708 (-2.9%), from €1.3m to €1.2m
of which Land and buildings: -€34,708
- Debts after one year -€153,190
down €153,190 (-18.7%), from €820,307 to €667,117
of which Other amounts payable: -€83,455
- Tax, wage and social debts -€145,253
down €145,253 (-86.1%), from €168,723 to €23,471
- Trade debts -€31,459
down €31,459 (-25.0%), from €126,010 to €94,552
- Reserves +€30,720
up €30,720 (+15.1%), from €204,093 to €234,813
of which Distributable reserves: +€35,977
- Gross operating margin -€204,046
down €204,046 (-70.0%), from €291,549 to €87,503
- Other operating charges -€22,884
down €22,884 (-66.8%), from €34,253 to €11,369
- Taxes +€10,999
up €10,999 (+937%), from €1,174 to €12,173
- Financial income -€5,535
down €5,535 (-32.3%), from €17,129 to €11,593
- Financial charges -€3,745
down €3,745 (-23.4%), from €16,004 to €12,259
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 | €1,625,381 | €1,322,095 | -€303,286 | -18.7% |
| Fixed assets | 21/28 | €1,283,156 | €1,246,448 | -€36,708 | -2.9% |
| Tangible fixed assets | 22/27 | €1,280,767 | €1,244,059 | -€36,708 | -2.9% |
| Land and buildings | 22 | €1,272,630 | €1,237,922 | -€34,708 | -2.7% |
| Plant, machinery and equipment | 23 | €7,463 | €5,707 | -€1,756 | -23.5% |
| Furniture and vehicles | 24 | €674 | €430 | -€244 | -36.2% |
| Financial fixed assets | 28 | €2,389 | €2,389 | = | 0.0% |
| Current assets | 29/58 | €342,224 | €75,647 | -€266,577 | -77.9% |
| Stocks and contracts in progress | 3 | €15,250 | €15,250 | = | 0.0% |
| Stocks | 30/36 | €15,250 | €15,250 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €123,430 | €6,142 | -€117,288 | -95.0% |
| Trade receivables | 40 | €53,334 | €5,995 | -€47,339 | -88.8% |
| Other amounts receivable | 41 | €70,096 | €147 | -€69,949 | -99.8% |
| Cash at bank and in hand | 54/58 | €198,523 | €50,143 | -€148,380 | -74.7% |
| Deferred charges and accrued income | 490/1 | €5,021 | €4,111 | -€910 | -18.1% |
| Total equity and liabilities | 10/49 | €1,625,381 | €1,322,095 | -€303,286 | -18.7% |
| Equity | 10/15 | €235,093 | €265,813 | +€30,720 | +13.1% |
| Contributions | 10/11 | €31,000 | €31,000 | = | 0.0% |
| Reserves | 13 | €204,093 | €234,813 | +€30,720 | +15.1% |
| Tax-exempt reserves | 132 | €169,983 | €164,725 | -€5,257 | -3.1% |
| Distributable reserves | 133 | €34,110 | €70,087 | +€35,977 | +105% |
| Provisions and deferred taxes | 16 | €56,661 | €54,908 | -€1,752 | -3.1% |
| Deferred taxes | 168 | €56,661 | €54,908 | -€1,752 | -3.1% |
| Amounts payable | 17/49 | €1,333,627 | €1,001,374 | -€332,253 | -24.9% |
| Amounts payable after more than one year | 17 | €820,307 | €667,117 | -€153,190 | -18.7% |
| Financial debts | 170/4 | €400,117 | €330,382 | -€69,735 | -17.4% |
| Other amounts payable | 178/9 | €420,190 | €336,735 | -€83,455 | -19.9% |
| Amounts payable within one year | 42/48 | €510,870 | €332,557 | -€178,313 | -34.9% |
| Current portion of amounts payable after more than one year | 42 | €67,088 | €69,598 | +€2,510 | +3.7% |
| Financial debts | 43 | €100,000 | €100,000 | = | 0.0% |
| Credit institutions | 430/8 | €0 | - | = | |
| Other loans | 439 | €100,000 | €100,000 | = | 0.0% |
| Trade debts | 44 | €126,010 | €94,552 | -€31,459 | -25.0% |
| Suppliers | 440/4 | €126,010 | €94,552 | -€31,459 | -25.0% |
| Taxes, remuneration and social security | 45 | €168,723 | €23,471 | -€145,253 | -86.1% |
| Taxes | 450/3 | €168,723 | €23,471 | -€145,253 | -86.1% |
| Other amounts payable | 47/48 | €49,048 | €44,936 | -€4,112 | -8.4% |
| Accrued charges and deferred income | 492/3 | €2,450 | €1,700 | -€751 | -30.6% |
| Non-recurring operating income | 76A | €233,653 | €8,619 | -€225,034 | -96.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,022 | €34,328 | +€305 | +0.9% |
| Other operating charges | 640/8 | €34,253 | €11,369 | -€22,884 | -66.8% |
| Gross operating margin | 9900 | €291,549 | €87,503 | -€204,046 | -70.0% |
| Operating profit (loss) | 9901 | €223,274 | €41,807 | -€181,468 | -81.3% |
| Financial income | 75/76B | €17,129 | €11,593 | -€5,535 | -32.3% |
| Recurring financial income | 75 | €17,129 | €11,593 | -€5,535 | -32.3% |
| Financial charges | 65/66B | €16,004 | €12,259 | -€3,745 | -23.4% |
| Recurring financial charges | 65 | €16,004 | €12,259 | -€3,745 | -23.4% |
| Profit (loss) for the period before taxes | 9903 | €224,399 | €41,140 | -€183,258 | -81.7% |
| Transfer from deferred taxes | 780 | €1,752 | €1,752 | = | 0.0% |
| Transfer to deferred taxes | 680 | €58,413 | €0 | -€58,413 | -100% |
| Income taxes | 67/77 | €1,174 | €12,173 | +€10,999 | +937% |
| Profit (loss) for the period | 9904 | €166,564 | €30,720 | -€135,844 | -81.6% |
| Transfer from tax-exempt reserves | 789 | €5,257 | €5,257 | = | 0.0% |
| Transfer to tax-exempt reserves | 689 | €175,240 | €0 | -€175,240 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,419 | €35,977 | +€39,396 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.