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METS: 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.

What changed

METS

BE 0765.808.664
NACE 41.001, General construction of residential buildings
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€250
2024 · €93+€157
Equity
€19,328
2024 · €19,078+€250
Cash
€2,491
2024 · €1,503+€988
Balance sheet total
€22,466
2024 · €26,705-€4,240

Largest movements

2024 to 2025
Assets
  • Receivables within one year -€2,575

    down €2,575 (-11.6%), from €22,247 to €19,672

    of which Trade receivables: -€4,013

  • Tangible fixed assets -€1,704

    down €1,704 (-84.9%), from €2,008 to €303

  • Cash +€988

    up €988 (+65.7%), from €1,503 to €2,491

    mainly Receivables within one year (+€2,575) and Depreciation (+€1,704)

  • Stocks and contracts -€948

    no longer reported in 2025 (was €948)

Equity and liabilities
  • Trade debts -€4,971

    down €4,971 (-71.1%), from €6,993 to €2,022

  • Tax, wage and social debts +€481

    up €481 (+75.9%), from €634 to €1,116

    of which Taxes: +€535

Income statement
  • Gross operating margin +€12,969

    up €12,969 (+242.2%), from €5,354 to €18,322

  • Other operating charges +€8,419

    up €8,419 (+442.5%), from €1,903 to €10,322

  • Staff costs +€2,078

    up €2,078 (+106.1%), from €1,958 to €4,036

  • Financial income -€1,493

    no longer reported in 2025 (was €1,493)

  • Taxes +€618

    up €618 (+192.3%), from €321 to €939

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €93
Gross operating margin +€12,969
Staff costs -€2,078
Other operating charges -€8,419
Financial income -€1,493
Financial charges -€204
Taxes -€618
Result 2025 €250

Cash bridge derived

cash 2024 to 2025

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.

From operations +€988
Investment €0
Financing €0
Cash 2024 €1,503
Net result for the year +€250
Depreciation +€1,704
Stocks and contracts +€948
Receivables within one year +€2,575
Trade debts -€4,971
Tax, wage and social debts +€481
Cash 2025 €2,491
Every line side by side 35 lines
Line Code 2024 2025 Change %
Total assets 20/58 €26,705 €22,466 -€4,240 -15.9%
Fixed assets 21/28 €2,008 €303 -€1,704 -84.9%
Tangible fixed assets 22/27 €2,008 €303 -€1,704 -84.9%
Furniture and vehicles 24 €2,008 €303 -€1,704 -84.9%
Current assets 29/58 €24,697 €22,162 -€2,535 -10.3%
Stocks and contracts in progress 3 €948 - -€948
Stocks 30/36 €948 - -€948
Amounts receivable within one year 40/41 €22,247 €19,672 -€2,575 -11.6%
Trade receivables 40 €19,843 €15,830 -€4,013 -20.2%
Other amounts receivable 41 €2,403 €3,841 +€1,438 +59.9%
Cash at bank and in hand 54/58 €1,503 €2,491 +€988 +65.7%
Total equity and liabilities 10/49 €26,705 €22,466 -€4,240 -15.9%
Equity 10/15 €19,078 €19,328 +€250 +1.3%
Contributions 10/11 €2,500 €2,500 = 0.0%
Profit (loss) carried forward 14 €16,578 €16,828 +€250 +1.5%
Amounts payable 17/49 €7,627 €3,138 -€4,489 -58.9%
Amounts payable within one year 42/48 €7,627 €3,138 -€4,489 -58.9%
Trade debts 44 €6,993 €2,022 -€4,971 -71.1%
Suppliers 440/4 €6,993 €2,022 -€4,971 -71.1%
Taxes, remuneration and social security 45 €634 €1,116 +€481 +75.9%
Taxes 450/3 €559 €1,094 +€535 +95.7%
Remuneration and social security 454/9 €75 €21 -€54 -71.7%
Remuneration, social security and pensions 62 €1,958 €4,036 +€2,078 +106.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €1,704 €1,704 = 0.0%
Other operating charges 640/8 €1,903 €10,322 +€8,419 +442.5%
Gross operating margin 9900 €5,354 €18,322 +€12,969 +242.2%
Operating profit (loss) 9901 -€211 €2,260 +€2,471
Financial income 75/76B €1,493 - -€1,493
Recurring financial income 75 €1,493 - -€1,493
Financial charges 65/66B €868 €1,072 +€204 +23.5%
Recurring financial charges 65 €868 €1,072 +€204 +23.5%
Profit (loss) for the period before taxes 9903 €414 €1,189 +€775 +187.1%
Income taxes 67/77 €321 €939 +€618 +192.3%
Profit (loss) for the period 9904 €93 €250 +€157 +169.1%
Profit (loss) for the period to be appropriated 9905 €93 €250 +€157 +169.1%

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 6 October 2026 via checked.be.