MetVet: 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.
MetVet
Largest movements
- Tangible fixed assets +€28,758
up €28,758 (+302.1%), from €9,519 to €38,277
of which Furniture and vehicles: +€29,094
- Intangible fixed assets -€15,000
down €15,000 (-10.8%), from €139,192 to €124,192
- Cash -€8,046
down €8,046 (-52.7%), from €15,256 to €7,210
mainly Net result for the year (-€46,497) and Investment in fixed assets (net) (-€36,030)
- Stocks and contracts +€5,077
up €5,077 (+22.0%), from €23,090 to €28,167
- Profit (loss) carried forward -€46,497
down €46,497 (-117.2%), from -€39,672 to -€86,170
- Other debts +€40,000
up €40,000 (+400.0%), from €10,000 to €50,000
- Trade debts +€36,617
up €36,617 (+81.3%), from €45,062 to €81,679
- Debts after one year -€25,715
down €25,715 (-17.2%), from €149,311 to €123,596
- Tax, wage and social debts +€4,280
up €4,280 (+215.2%), from €1,989 to €6,269
of which Remuneration and social security: +€4,037
- Gross operating margin +€41,999
up €41,999, from -€101 to €41,898
- Staff costs +€38,484
up €38,484 (+201.6%), from €19,087 to €57,570
- Depreciation +€9,304
up €9,304 (+71.8%), from €12,968 to €22,272
- Financial charges +€1,740
up €1,740 (+28.7%), from €6,053 to €7,793
- Other operating charges -€703
down €703 (-48.0%), from €1,465 to €763
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €194,416 | €205,151 | +€10,735 | +5.5% |
| Fixed assets | 21/28 | €148,916 | €162,674 | +€13,758 | +9.2% |
| Intangible fixed assets | 21 | €139,192 | €124,192 | -€15,000 | -10.8% |
| Tangible fixed assets | 22/27 | €9,519 | €38,277 | +€28,758 | +302.1% |
| Plant, machinery and equipment | 23 | €1,540 | €1,204 | -€336 | -21.8% |
| Furniture and vehicles | 24 | €7,979 | €37,073 | +€29,094 | +364.7% |
| Financial fixed assets | 28 | €205 | €205 | = | 0.0% |
| Current assets | 29/58 | €45,500 | €42,477 | -€3,023 | -6.6% |
| Stocks and contracts in progress | 3 | €23,090 | €28,167 | +€5,077 | +22.0% |
| Stocks | 30/36 | €23,090 | €28,167 | +€5,077 | +22.0% |
| Amounts receivable within one year | 40/41 | €5,515 | €5,375 | -€140 | -2.5% |
| Trade receivables | 40 | €612 | €2,053 | +€1,441 | +235.3% |
| Other amounts receivable | 41 | €4,902 | €3,322 | -€1,580 | -32.2% |
| Cash at bank and in hand | 54/58 | €15,256 | €7,210 | -€8,046 | -52.7% |
| Deferred charges and accrued income | 490/1 | €1,639 | €1,725 | +€86 | +5.2% |
| Total equity and liabilities | 10/49 | €194,416 | €205,151 | +€10,735 | +5.5% |
| Equity | 10/15 | -€36,672 | -€83,170 | -€46,497 | -126.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€39,672 | -€86,170 | -€46,497 | -117.2% |
| Amounts payable | 17/49 | €231,088 | €288,320 | +€57,232 | +24.8% |
| Amounts payable after more than one year | 17 | €149,311 | €123,596 | -€25,715 | -17.2% |
| Financial debts | 170/4 | €149,311 | €123,596 | -€25,715 | -17.2% |
| Amounts payable within one year | 42/48 | €81,777 | €163,662 | +€81,885 | +100.1% |
| Current portion of amounts payable after more than one year | 42 | €24,727 | €25,715 | +€988 | +4.0% |
| Trade debts | 44 | €45,062 | €81,679 | +€36,617 | +81.3% |
| Suppliers | 440/4 | €45,062 | €81,679 | +€36,617 | +81.3% |
| Taxes, remuneration and social security | 45 | €1,989 | €6,269 | +€4,280 | +215.2% |
| Taxes | 450/3 | - | €244 | +€244 | |
| Remuneration and social security | 454/9 | €1,989 | €6,025 | +€4,037 | +203.0% |
| Other amounts payable | 47/48 | €10,000 | €50,000 | +€40,000 | +400.0% |
| Accrued charges and deferred income | 492/3 | - | €1,062 | +€1,062 | |
| Remuneration, social security and pensions | 62 | €19,087 | €57,570 | +€38,484 | +201.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,968 | €22,272 | +€9,304 | +71.8% |
| Other operating charges | 640/8 | €1,465 | €763 | -€703 | -48.0% |
| Gross operating margin | 9900 | -€101 | €41,898 | +€41,999 | |
| Operating profit (loss) | 9901 | -€33,620 | -€38,706 | -€5,086 | -15.1% |
| Financial income | 75/76B | €1 | €2 | +€2 | +162.1% |
| Recurring financial income | 75 | €1 | €2 | +€2 | +162.1% |
| Financial charges | 65/66B | €6,053 | €7,793 | +€1,740 | +28.7% |
| Recurring financial charges | 65 | €6,053 | €7,793 | +€1,740 | +28.7% |
| Profit (loss) for the period before taxes | 9903 | -€39,672 | -€46,497 | -€6,825 | -17.2% |
| Profit (loss) for the period | 9904 | -€39,672 | -€46,497 | -€6,825 | -17.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€39,672 | -€46,497 | -€6,825 | -17.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.