METROPOLSKI: 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.
METROPOLSKI
Largest movements
- Tangible fixed assets +€152,869
up €152,869 (+40.5%), from €377,897 to €530,766
of which Other tangible fixed assets: +€95,022
- Deferred charges and accrued income +€21,067
up €21,067 (+51.0%), from €41,330 to €62,396
- Cash +€17,236
up €17,236 (+9.5%), from €181,058 to €198,293
mainly Other debts (+€206,171) and Net result for the year (+€174,204)
- Receivables within one year +€13,471
up €13,471 (+24.0%), from €56,120 to €69,591
- Other debts +€206,171
up €206,171 (+115%), from €178,590 to €384,761
- Debts after one year -€41,794
down €41,794 (-14.8%), from €282,180 to €240,386
- Trade debts +€31,222
up €31,222 (+53.0%), from €58,909 to €90,130
- Gross operating margin +€29,874
up €29,874 (+5.6%), from €535,791 to €565,665
- Staff costs -€25,752
down €25,752 (-8.3%), from €311,304 to €285,552
- Other operating charges -€10,524
down €10,524 (-43.1%), from €24,391 to €13,868
- Depreciation +€9,703
up €9,703 (+14.8%), from €65,494 to €75,198
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 | €674,077 | €880,673 | +€206,596 | +30.6% |
| Fixed assets | 21/28 | €377,897 | €530,766 | +€152,869 | +40.5% |
| Tangible fixed assets | 22/27 | €377,897 | €530,766 | +€152,869 | +40.5% |
| Plant, machinery and equipment | 23 | €11,222 | €25,430 | +€14,208 | +127% |
| Furniture and vehicles | 24 | €13,681 | €57,319 | +€43,639 | +319% |
| Other tangible fixed assets | 26 | €352,995 | €448,017 | +€95,022 | +26.9% |
| Current assets | 29/58 | €296,180 | €349,907 | +€53,727 | +18.1% |
| Stocks and contracts in progress | 3 | €17,672 | €19,626 | +€1,954 | +11.1% |
| Stocks | 30/36 | €17,672 | €19,626 | +€1,954 | +11.1% |
| Amounts receivable within one year | 40/41 | €56,120 | €69,591 | +€13,471 | +24.0% |
| Other amounts receivable | 41 | €56,120 | €69,591 | +€13,471 | +24.0% |
| Cash at bank and in hand | 54/58 | €181,058 | €198,293 | +€17,236 | +9.5% |
| Deferred charges and accrued income | 490/1 | €41,330 | €62,396 | +€21,067 | +51.0% |
| Total equity and liabilities | 10/49 | €674,077 | €880,673 | +€206,596 | +30.6% |
| Equity | 10/15 | €61,599 | €62,803 | +€1,204 | +2.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €42,999 | €44,203 | +€1,204 | +2.8% |
| Distributable reserves | 133 | €42,999 | €44,203 | +€1,204 | +2.8% |
| Amounts payable | 17/49 | €612,478 | €817,870 | +€205,392 | +33.5% |
| Amounts payable after more than one year | 17 | €282,180 | €240,386 | -€41,794 | -14.8% |
| Financial debts | 170/4 | €282,180 | €240,386 | -€41,794 | -14.8% |
| Amounts payable within one year | 42/48 | €330,298 | €577,022 | +€246,724 | +74.7% |
| Current portion of amounts payable after more than one year | 42 | €58,041 | €59,608 | +€1,568 | +2.7% |
| Trade debts | 44 | €58,909 | €90,130 | +€31,222 | +53.0% |
| Suppliers | 440/4 | €58,909 | €90,130 | +€31,222 | +53.0% |
| Taxes, remuneration and social security | 45 | €34,758 | €42,522 | +€7,764 | +22.3% |
| Taxes | 450/3 | €3,350 | €5,077 | +€1,727 | +51.5% |
| Remuneration and social security | 454/9 | €31,408 | €37,445 | +€6,037 | +19.2% |
| Other amounts payable | 47/48 | €178,590 | €384,761 | +€206,171 | +115% |
| Accrued charges and deferred income | 492/3 | - | €462 | +€462 | |
| Remuneration, social security and pensions | 62 | €311,304 | €285,552 | -€25,752 | -8.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €65,494 | €75,198 | +€9,703 | +14.8% |
| Other operating charges | 640/8 | €24,391 | €13,868 | -€10,524 | -43.1% |
| Non-recurring operating charges | 66A | - | €2,146 | +€2,146 | |
| Gross operating margin | 9900 | €535,791 | €565,665 | +€29,874 | +5.6% |
| Operating profit (loss) | 9901 | €134,601 | €188,902 | +€54,300 | +40.3% |
| Financial income | 75/76B | €1,139 | €2,003 | +€864 | +75.9% |
| Recurring financial income | 75 | €1,139 | €2,003 | +€864 | +75.9% |
| Financial charges | 65/66B | €9,898 | €14,562 | +€4,664 | +47.1% |
| Recurring financial charges | 65 | €9,898 | €14,562 | +€4,664 | +47.1% |
| Profit (loss) for the period before taxes | 9903 | €125,842 | €176,342 | +€50,500 | +40.1% |
| Income taxes | 67/77 | €3,621 | €2,138 | -€1,483 | -40.9% |
| Profit (loss) for the period | 9904 | €122,221 | €174,204 | +€51,983 | +42.5% |
| Profit (loss) for the period to be appropriated | 9905 | €122,221 | €174,204 | +€51,983 | +42.5% |
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 25 October 2026 via checked.be.