Metsco: 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.
Metsco
Largest movements
- Cash +€85,258
up €85,258 (+76.2%), from €111,906 to €197,164
mainly Net result for the year (+€59,569) and Tax, wage and social debts (+€34,324)
- Tangible fixed assets +€34,811
up €34,811 (+55.0%), from €63,331 to €98,143
of which Furniture and vehicles: +€35,356
- Tax, wage and social debts +€34,324
up €34,324 (+1,561%), from €2,199 to €36,523
- Other debts +€32,935
new in 2025: €32,935
- Trade debts +€32,347
up €32,347 (+999%), from €3,239 to €35,586
- Reserves +€20,823
up €20,823 (+10.1%), from €206,767 to €227,590
of which Distributable reserves: +€20,823
- Gross operating margin +€27,272
up €27,272 (+31.7%), from €86,152 to €113,424
- Taxes +€6,177
up €6,177 (+27.8%), from €22,199 to €28,376
- Depreciation +€5,331
up €5,331 (+28.0%), from €19,040 to €24,371
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 | €230,805 | €351,234 | +€120,429 | +52.2% |
| Fixed assets | 21/28 | €63,331 | €98,143 | +€34,811 | +55.0% |
| Tangible fixed assets | 22/27 | €63,331 | €98,143 | +€34,811 | +55.0% |
| Land and buildings | 22 | €1,509 | €1,139 | -€370 | -24.5% |
| Plant, machinery and equipment | 23 | €5,860 | €5,684 | -€175 | -3.0% |
| Furniture and vehicles | 24 | €55,962 | €91,319 | +€35,356 | +63.2% |
| Current assets | 29/58 | €167,473 | €253,091 | +€85,618 | +51.1% |
| Amounts receivable within one year | 40/41 | €47,640 | €45,433 | -€2,206 | -4.6% |
| Trade receivables | 40 | €42,609 | €41,215 | -€1,393 | -3.3% |
| Other amounts receivable | 41 | €5,031 | €4,218 | -€813 | -16.2% |
| Cash at bank and in hand | 54/58 | €111,906 | €197,164 | +€85,258 | +76.2% |
| Deferred charges and accrued income | 490/1 | €7,927 | €10,494 | +€2,566 | +32.4% |
| Total equity and liabilities | 10/49 | €230,805 | €351,234 | +€120,429 | +52.2% |
| Equity | 10/15 | €225,367 | €246,190 | +€20,823 | +9.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €206,767 | €227,590 | +€20,823 | +10.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Other | 1319 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €204,907 | €225,730 | +€20,823 | +10.2% |
| Amounts payable | 17/49 | €5,438 | €105,044 | +€99,606 | +1,832% |
| Amounts payable within one year | 42/48 | €5,438 | €105,044 | +€99,606 | +1,832% |
| Trade debts | 44 | €3,239 | €35,586 | +€32,347 | +999% |
| Suppliers | 440/4 | €3,239 | €35,586 | +€32,347 | +999% |
| Taxes, remuneration and social security | 45 | €2,199 | €36,523 | +€34,324 | +1,561% |
| Taxes | 450/3 | €2,199 | €36,523 | +€34,324 | +1,561% |
| Other amounts payable | 47/48 | - | €32,935 | +€32,935 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,040 | €24,371 | +€5,331 | +28.0% |
| Other operating charges | 640/8 | €1,490 | €1,289 | -€201 | -13.5% |
| Gross operating margin | 9900 | €86,152 | €113,424 | +€27,272 | +31.7% |
| Operating profit (loss) | 9901 | €65,621 | €87,763 | +€22,142 | +33.7% |
| Financial income | 75/76B | €225 | €272 | +€47 | +20.8% |
| Recurring financial income | 75 | €225 | €272 | +€47 | +20.8% |
| Financial charges | 65/66B | €103 | €90 | -€13 | -12.4% |
| Recurring financial charges | 65 | €103 | €90 | -€13 | -12.4% |
| Profit (loss) for the period before taxes | 9903 | €65,744 | €87,945 | +€22,201 | +33.8% |
| Income taxes | 67/77 | €22,199 | €28,376 | +€6,177 | +27.8% |
| Profit (loss) for the period | 9904 | €43,545 | €59,569 | +€16,024 | +36.8% |
| Profit (loss) for the period to be appropriated | 9905 | €43,545 | €59,569 | +€16,024 | +36.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.