Metropolitan: what changed
Two fiscal 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.
Metropolitan
Largest movements
- Tangible fixed assets -€150,306
down €150,306 (-5.6%), from €2.7m to €2.5m
- Debts after one year -€214,521
down €214,521 (-8.5%), from €2.5m to €2.3m
- Current portion of long-term debt +€32,417
up €32,417 (+15.8%), from €205,337 to €237,754
- Depreciation +€53,251
up €53,251 (+54.9%), from €97,055 to €150,306
- Gross operating margin +€43,978
up €43,978 (+24.5%), from €179,208 to €223,186
- Financial charges +€28,609
up €28,609 (+53.6%), from €53,343 to €81,953
- Other operating charges +€2,595
up €2,595 (+19.1%), from €13,612 to €16,206
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 | €2,759,670 | €2,581,210 | -€178,460 | -6.5% |
| Fixed assets | 21/28 | €2,678,568 | €2,528,262 | -€150,306 | -5.6% |
| Tangible fixed assets | 22/27 | €2,678,568 | €2,528,262 | -€150,306 | -5.6% |
| Land and buildings | 22 | €2,678,568 | €2,528,262 | -€150,306 | -5.6% |
| Current assets | 29/58 | €81,102 | €52,948 | -€28,153 | -34.7% |
| Cash at bank and in hand | 54/58 | €75,761 | €50,230 | -€25,531 | -33.7% |
| Deferred charges and accrued income | 490/1 | €5,340 | €2,718 | -€2,623 | -49.1% |
| Total equity and liabilities | 10/49 | €2,759,670 | €2,581,210 | -€178,460 | -6.5% |
| Equity | 10/15 | -€190,832 | -€216,111 | -€25,279 | -13.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€197,032 | -€222,311 | -€25,279 | -12.8% |
| Amounts payable | 17/49 | €2,950,502 | €2,797,321 | -€153,181 | -5.2% |
| Amounts payable after more than one year | 17 | €2,525,641 | €2,311,120 | -€214,521 | -8.5% |
| Financial debts | 170/4 | €2,525,641 | €2,311,120 | -€214,521 | -8.5% |
| Amounts payable within one year | 42/48 | €402,126 | €452,176 | +€50,050 | +12.4% |
| Current portion of amounts payable after more than one year | 42 | €205,337 | €237,754 | +€32,417 | +15.8% |
| Trade debts | 44 | €880 | €8,704 | +€7,824 | +889.4% |
| Suppliers | 440/4 | €880 | €8,704 | +€7,824 | +889.4% |
| Other amounts payable | 47/48 | €195,909 | €205,719 | +€9,810 | +5.0% |
| Accrued charges and deferred income | 492/3 | €22,735 | €34,025 | +€11,291 | +49.7% |
| Remuneration, social security and pensions | 62 | -€14 | €0 | +€14 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €97,055 | €150,306 | +€53,251 | +54.9% |
| Other operating charges | 640/8 | €13,612 | €16,206 | +€2,595 | +19.1% |
| Gross operating margin | 9900 | €179,208 | €223,186 | +€43,978 | +24.5% |
| Operating profit (loss) | 9901 | €68,555 | €56,674 | -€11,881 | -17.3% |
| Financial income | 75/76B | €50 | €0 | -€50 | -100.0% |
| Recurring financial income | 75 | €50 | €0 | -€50 | -100.0% |
| Financial charges | 65/66B | €53,343 | €81,953 | +€28,609 | +53.6% |
| Recurring financial charges | 65 | €53,343 | €81,953 | +€28,609 | +53.6% |
| Profit (loss) for the period before taxes | 9903 | €15,261 | -€25,279 | -€40,540 | |
| Profit (loss) for the period | 9904 | €15,261 | -€25,279 | -€40,540 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,261 | -€25,279 | -€40,540 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.