Méthanor Returns to Profitability in 2025 with a Net Profit of €989K
Méthanor records a net profit of €989K in 2025, overturning a net loss of €715K in 2024, marking a 238% improvement. However, this rebound largely relies on a capital gain and a provision for accounting, while operating income remains nearly zero and operating revenues decline.
A Return to Profitability Supported by Non-Recurring Gains
Méthanor's income statement shows a major turnaround: the net result reached €989K in 2025 compared to a loss of €715K in 2024. This 238% recovery is primarily due to the financial result, which jumped to +€993K. This improvement includes a capital gain of €724K from the sale of the stake in Solaire Direct's photovoltaic plants, and a provision of €1,181.6K made on the AED participation. The rest of the portfolio achieved a level of profitability in line with expectations. However, the operating result stands at -€4K, an improvement from -€21K in 2024, but lacking real operational momentum.
An Operating Base Struggling to Assert Itself
Operating revenues amounted to €63K in 2025, down from €79K in 2024, marking a 20% decline. This contraction highlights the company's difficulty in generating recurring revenue from its portfolio of participations. Cost control helped bring the operating result closer to break-even, avoiding another significant operating loss. Simultaneously, the balance sheet strengthened: the financial structure moved from a net debt of €446K in 2024 to a net positive cash position of €896K in 2025. Equity increased to €13,889.5K from €12,901K the previous year.
Continuing Investment in Renewable Energy
Méthanor actively invested in 2025 in new renewable energy and carbon transition projects. The company injected €1M in convertible bonds in ENTECH (smart solar solutions), €550K in the capital increase of Hoffmann Green Cement (low-carbon cement), and €480K in that of Agripower France (agricultural methanization). For the 2026 fiscal year, Méthanor indicates it intends to actively continue the development of new renewable energy projects and low-carbon activities. An investment project is currently under preliminary study. The audit report on the 2025 accounts will be published by no later than May 18, 2026.
