METTEWIMMO: 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.
METTEWIMMO
Largest movements
- Tangible fixed assets +€7.0m
up €7.0m (+76.8%), from €9.2m to €16.2m
of which Land and buildings: +€6.6m
- Cash -€244,988
down €244,988 (-58.9%), from €416,098 to €171,110
- Debts after one year +€3.8m
up €3.8m (+44.4%), from €8.6m to €12.4m
of which Financial debts: +€3.8m
- Other debts +€2.7m
up €2.7m (+7,056%), from €38,101 to €2.7m
- Gross operating margin +€548,547
up €548,547 (+51.3%), from €1.1m to €1.6m
- Depreciation +€492,080
up €492,080 (+132%), from €373,303 to €865,383
- Financial charges +€164,834
up €164,834 (+55.9%), from €294,901 to €459,735
- Other operating charges +€79,172
up €79,172 (+63.2%), from €125,194 to €204,366
- Taxes -€35,855
down €35,855 (-70.1%), from €51,152 to €15,297
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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €12,813,879 | €19,747,567 | +€6.9m | +54.1% |
| Fixed assets | 21/28 | €12,340,132 | €19,389,138 | +€7.0m | +57.1% |
| Tangible fixed assets | 22/27 | €9,178,528 | €16,227,534 | +€7.0m | +76.8% |
| Land and buildings | 22 | €9,100,042 | €15,734,783 | +€6.6m | +72.9% |
| Plant, machinery and equipment | 23 | €78,486 | €492,751 | +€414,265 | +528% |
| Financial fixed assets | 28 | €3,161,604 | €3,161,604 | = | 0.0% |
| Current assets | 29/58 | €473,747 | €358,429 | -€115,318 | -24.3% |
| Amounts receivable within one year | 40/41 | €42,781 | €175,005 | +€132,224 | +309% |
| Trade receivables | 40 | €1,409 | €3,918 | +€2,509 | +178% |
| Other amounts receivable | 41 | €41,372 | €171,087 | +€129,715 | +314% |
| Cash at bank and in hand | 54/58 | €416,098 | €171,110 | -€244,988 | -58.9% |
| Deferred charges and accrued income | 490/1 | €14,868 | €12,314 | -€2,554 | -17.2% |
| Total equity and liabilities | 10/49 | €12,813,879 | €19,747,567 | +€6.9m | +54.1% |
| Equity | 10/15 | €1,249,965 | €1,325,646 | +€75,681 | +6.1% |
| Contributions | 10/11 | €112,500 | €112,500 | = | 0.0% |
| Capital | 10 | €112,500 | €112,500 | = | 0.0% |
| Issued capital | 100 | €112,500 | €112,500 | = | 0.0% |
| Reserves | 13 | €167,020 | €209,120 | +€42,100 | +25.2% |
| Non-distributable reserves | 130/1 | €11,250 | €11,250 | = | 0.0% |
| Legal reserve | 130 | €11,250 | €11,250 | = | 0.0% |
| Tax-exempt reserves | 132 | €155,770 | €197,870 | +€42,100 | +27.0% |
| Profit (loss) carried forward | 14 | €970,445 | €1,004,026 | +€33,581 | +3.5% |
| Amounts payable | 17/49 | €11,563,914 | €18,421,921 | +€6.9m | +59.3% |
| Amounts payable after more than one year | 17 | €8,556,700 | €12,354,176 | +€3.8m | +44.4% |
| Financial debts | 170/4 | €8,459,633 | €12,247,373 | +€3.8m | +44.8% |
| Other amounts payable | 178/9 | €97,067 | €106,803 | +€9,736 | +10.0% |
| Amounts payable within one year | 42/48 | €2,916,368 | €6,034,512 | +€3.1m | +107% |
| Current portion of amounts payable after more than one year | 42 | €603,838 | €786,887 | +€183,049 | +30.3% |
| Financial debts | 43 | €2,247,471 | €2,430,876 | +€183,405 | +8.2% |
| Credit institutions | 430/8 | €2,247,471 | €2,430,876 | +€183,405 | +8.2% |
| Trade debts | 44 | €26,958 | €76,055 | +€49,097 | +182% |
| Suppliers | 440/4 | €26,958 | €76,055 | +€49,097 | +182% |
| Taxes, remuneration and social security | 45 | - | €14,126 | +€14,126 | |
| Taxes | 450/3 | - | €14,126 | +€14,126 | |
| Other amounts payable | 47/48 | €38,101 | €2,726,568 | +€2.7m | +7,056% |
| Accrued charges and deferred income | 492/3 | €90,846 | €33,233 | -€57,613 | -63.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €373,303 | €865,383 | +€492,080 | +132% |
| Other operating charges | 640/8 | €125,194 | €204,366 | +€79,172 | +63.2% |
| Non-recurring operating charges | 66A | €1,204 | - | -€1,204 | |
| Gross operating margin | 9900 | €1,068,547 | €1,617,094 | +€548,547 | +51.3% |
| Operating profit (loss) | 9901 | €568,846 | €547,345 | -€21,501 | -3.8% |
| Financial income | 75/76B | €4,344 | €3,368 | -€976 | -22.5% |
| Recurring financial income | 75 | €4,344 | €3,368 | -€976 | -22.5% |
| Financial charges | 65/66B | €294,901 | €459,735 | +€164,834 | +55.9% |
| Recurring financial charges | 65 | €294,901 | €459,735 | +€164,834 | +55.9% |
| Profit (loss) for the period before taxes | 9903 | €278,289 | €90,978 | -€187,311 | -67.3% |
| Income taxes | 67/77 | €51,152 | €15,297 | -€35,855 | -70.1% |
| Profit (loss) for the period | 9904 | €227,137 | €75,681 | -€151,456 | -66.7% |
| Transfer to tax-exempt reserves | 689 | €155,770 | €42,100 | -€113,670 | -73.0% |
| Profit (loss) for the period to be appropriated | 9905 | €71,367 | €33,581 | -€37,786 | -52.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.