METTEX: what changed
METTEX
Largest movements
- Tangible fixed assets -€18,594
down €18,594 (-16.6%), from €111,705 to €93,111
of which Furniture and vehicles: -€19,026
- Cash +€9,971
up €9,971 (+44.3%), from €22,499 to €32,470
mainly Other debts (+€61,597) and Depreciation (+€31,071)
- Receivables within one year -€2,746
down €2,746 (-26.1%), from €10,510 to €7,764
- Other debts +€61,597
up €61,597 (+2,645%), from €2,329 to €63,925
- Reserves -€61,560
down €61,560 (-84.2%), from €73,090 to €11,531
- Debts after one year -€19,736
down €19,736 (-84.0%), from €23,497 to €3,760
- Tax, wage and social debts +€9,239
up €9,239 (+142%), from €6,486 to €15,725
of which Taxes: +€11,001
- Gross operating margin +€23,642
up €23,642 (+41.2%), from €57,382 to €81,024
- Depreciation -€3,886
down €3,886 (-11.1%), from €34,957 to €31,071
- Taxes +€2,197
up €2,197 (+1,717%), from €128 to €2,325
- Staff costs +€1,768
up €1,768 (+5.6%), from €31,496 to €33,265
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €149,026 | €137,836 | -€11,190 | -7.5% |
| Fixed assets | 21/28 | €111,705 | €93,111 | -€18,594 | -16.6% |
| Tangible fixed assets | 22/27 | €111,705 | €93,111 | -€18,594 | -16.6% |
| Plant, machinery and equipment | 23 | €2,165 | €2,597 | +€432 | +19.9% |
| Furniture and vehicles | 24 | €109,539 | €90,514 | -€19,026 | -17.4% |
| Current assets | 29/58 | €37,322 | €44,725 | +€7,403 | +19.8% |
| Amounts receivable within one year | 40/41 | €10,510 | €7,764 | -€2,746 | -26.1% |
| Other amounts receivable | 41 | €10,510 | €7,764 | -€2,746 | -26.1% |
| Cash at bank and in hand | 54/58 | €22,499 | €32,470 | +€9,971 | +44.3% |
| Deferred charges and accrued income | 490/1 | €4,312 | €4,491 | +€178 | +4.1% |
| Total equity and liabilities | 10/49 | €149,026 | €137,836 | -€11,190 | -7.5% |
| Equity | 10/15 | €91,690 | €30,131 | -€61,560 | -67.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €73,090 | €11,531 | -€61,560 | -84.2% |
| Distributable reserves | 133 | €73,090 | €11,531 | -€61,560 | -84.2% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €57,336 | €107,705 | +€50,369 | +87.8% |
| Amounts payable after more than one year | 17 | €23,497 | €3,760 | -€19,736 | -84.0% |
| Financial debts | 170/4 | €23,497 | €3,760 | -€19,736 | -84.0% |
| Amounts payable within one year | 42/48 | €32,809 | €103,945 | +€71,136 | +217% |
| Current portion of amounts payable after more than one year | 42 | €18,848 | €19,736 | +€888 | +4.7% |
| Trade debts | 44 | €5,146 | €4,558 | -€588 | -11.4% |
| Suppliers | 440/4 | €5,146 | €4,558 | -€588 | -11.4% |
| Taxes, remuneration and social security | 45 | €6,486 | €15,725 | +€9,239 | +142% |
| Taxes | 450/3 | - | €11,001 | +€11,001 | |
| Remuneration and social security | 454/9 | €6,486 | €4,724 | -€1,762 | -27.2% |
| Other amounts payable | 47/48 | €2,329 | €63,925 | +€61,597 | +2,645% |
| Accrued charges and deferred income | 492/3 | €1,030 | €0 | -€1,030 | -100% |
| Non-recurring operating income | 76A | €3,973 | €89 | -€3,883 | -97.8% |
| Remuneration, social security and pensions | 62 | €31,496 | €33,265 | +€1,768 | +5.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,957 | €31,071 | -€3,886 | -11.1% |
| Other operating charges | 640/8 | €1,137 | €1,115 | -€21 | -1.9% |
| Gross operating margin | 9900 | €57,382 | €81,024 | +€23,642 | +41.2% |
| Operating profit (loss) | 9901 | -€10,208 | €15,572 | +€25,780 | |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €2,183 | €1,717 | -€467 | -21.4% |
| Recurring financial charges | 65 | €2,183 | €1,717 | -€467 | -21.4% |
| Profit (loss) for the period before taxes | 9903 | -€12,391 | €13,856 | +€26,247 | |
| Income taxes | 67/77 | €128 | €2,325 | +€2,197 | +1,717% |
| Profit (loss) for the period | 9904 | -€12,519 | €11,531 | +€24,050 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,519 | €11,531 | +€24,050 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.