METSCH: 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.
METSCH
Largest movements
- Cash -€10,081
down €10,081 (-24.0%), from €42,048 to €31,967
mainly Contributions, distributions and other (-€40,000) and Other debts (-€9,866)
- Stocks and contracts -€2,500
down €2,500 (-17.4%), from €14,409 to €11,909
- Receivables within one year +€2,173
up €2,173 (+14.7%), from €14,810 to €16,983
of which Other amounts receivable: +€1,302
- Tangible fixed assets +€1,168
up €1,168 (+12.4%), from €9,394 to €10,562
of which Plant, machinery and equipment: +€6,515
- Other debts -€9,866
down €9,866 (-18.3%), from €53,767 to €43,902
- Gross operating margin -€14,712
down €14,712 (-20.3%), from €72,339 to €57,628
- Depreciation -€3,457
down €3,457 (-33.3%), from €10,385 to €6,928
- Taxes -€2,251
down €2,251 (-17.4%), from €12,952 to €10,702
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 | €82,249 | €73,038 | -€9,211 | -11.2% |
| Fixed assets | 21/28 | €9,394 | €10,562 | +€1,168 | +12.4% |
| Tangible fixed assets | 22/27 | €9,394 | €10,562 | +€1,168 | +12.4% |
| Plant, machinery and equipment | 23 | - | €6,515 | +€6,515 | |
| Furniture and vehicles | 24 | €9,394 | €4,047 | -€5,347 | -56.9% |
| Current assets | 29/58 | €72,855 | €62,477 | -€10,379 | -14.2% |
| Stocks and contracts in progress | 3 | €14,409 | €11,909 | -€2,500 | -17.4% |
| Stocks | 30/36 | €14,409 | €11,909 | -€2,500 | -17.4% |
| Amounts receivable within one year | 40/41 | €14,810 | €16,983 | +€2,173 | +14.7% |
| Trade receivables | 40 | €14,810 | €15,682 | +€871 | +5.9% |
| Other amounts receivable | 41 | - | €1,302 | +€1,302 | |
| Cash at bank and in hand | 54/58 | €42,048 | €31,967 | -€10,081 | -24.0% |
| Deferred charges and accrued income | 490/1 | €1,588 | €1,618 | +€30 | +1.9% |
| Total equity and liabilities | 10/49 | €82,249 | €73,038 | -€9,211 | -11.2% |
| Equity | 10/15 | €19,138 | €18,934 | -€204 | -1.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €538 | €334 | -€204 | -37.9% |
| Amounts payable | 17/49 | €63,111 | €54,104 | -€9,007 | -14.3% |
| Amounts payable within one year | 42/48 | €63,111 | €54,053 | -€9,059 | -14.4% |
| Trade debts | 44 | €1,103 | €1,249 | +€145 | +13.2% |
| Suppliers | 440/4 | €1,103 | €1,249 | +€145 | +13.2% |
| Taxes, remuneration and social security | 45 | €8,240 | €8,902 | +€662 | +8.0% |
| Taxes | 450/3 | €8,240 | €8,902 | +€662 | +8.0% |
| Other amounts payable | 47/48 | €53,767 | €43,902 | -€9,866 | -18.3% |
| Accrued charges and deferred income | 492/3 | - | €52 | +€52 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,385 | €6,928 | -€3,457 | -33.3% |
| Other operating charges | 640/8 | €162 | €210 | +€49 | +30.0% |
| Gross operating margin | 9900 | €72,339 | €57,628 | -€14,712 | -20.3% |
| Operating profit (loss) | 9901 | €61,792 | €50,489 | -€11,303 | -18.3% |
| Financial income | 75/76B | €72 | €87 | +€15 | +20.5% |
| Recurring financial income | 75 | €72 | €87 | +€15 | +20.5% |
| Financial charges | 65/66B | €76 | €78 | +€1 | +1.8% |
| Recurring financial charges | 65 | €76 | €78 | +€1 | +1.8% |
| Profit (loss) for the period before taxes | 9903 | €61,788 | €50,498 | -€11,290 | -18.3% |
| Income taxes | 67/77 | €12,952 | €10,702 | -€2,251 | -17.4% |
| Profit (loss) for the period | 9904 | €48,836 | €39,796 | -€9,039 | -18.5% |
| Profit (loss) for the period to be appropriated | 9905 | €48,836 | €39,796 | -€9,039 | -18.5% |
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 10 October 2026 via checked.be.