4 Metal Services: 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.
4 Metal Services
Largest movements
- Cash +€70,809
up €70,809 (+145%), from €48,675 to €119,485
mainly Net result for the year (+€101,930) and Tax, wage and social debts (+€13,193)
- Receivables within one year +€26,161
up €26,161 (+109%), from €24,037 to €50,199
of which Other amounts receivable: +€16,931
- Tangible fixed assets +€6,908
up €6,908 (+395%), from €1,750 to €8,658
- Deferred charges and accrued income +€6,007
up €6,007 (+980%), from €613 to €6,620
- Profit (loss) carried forward +€101,930
up €101,930 (+210%), from €48,499 to €150,429
- Tax, wage and social debts +€13,193
up €13,193 (+77.3%), from €17,073 to €30,267
of which Taxes: +€15,519
- Accrued charges and deferred income -€6,000
no longer reported in 2025 (was €6,000)
- Gross operating margin +€72,305
up €72,305 (+118%), from €61,472 to €133,777
- Taxes +€15,282
up €15,282 (+123%), from €12,421 to €27,703
- Depreciation +€3,954
up €3,954 (+1,358%), from €291 to €4,245
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 | €75,076 | €184,962 | +€109,886 | +146% |
| Fixed assets | 21/28 | €1,750 | €8,658 | +€6,908 | +395% |
| Tangible fixed assets | 22/27 | €1,750 | €8,658 | +€6,908 | +395% |
| Plant, machinery and equipment | 23 | €1,750 | €8,658 | +€6,908 | +395% |
| Current assets | 29/58 | €73,326 | €176,304 | +€102,978 | +140% |
| Amounts receivable within one year | 40/41 | €24,037 | €50,199 | +€26,161 | +109% |
| Trade receivables | 40 | €19,352 | €28,583 | +€9,231 | +47.7% |
| Other amounts receivable | 41 | €4,685 | €21,616 | +€16,931 | +361% |
| Cash at bank and in hand | 54/58 | €48,675 | €119,485 | +€70,809 | +145% |
| Deferred charges and accrued income | 490/1 | €613 | €6,620 | +€6,007 | +980% |
| Total equity and liabilities | 10/49 | €75,076 | €184,962 | +€109,886 | +146% |
| Equity | 10/15 | €51,499 | €153,429 | +€101,930 | +198% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €48,499 | €150,429 | +€101,930 | +210% |
| Amounts payable | 17/49 | €23,577 | €31,533 | +€7,956 | +33.7% |
| Amounts payable within one year | 42/48 | €17,577 | €31,533 | +€13,956 | +79.4% |
| Financial debts | 43 | - | €40 | +€40 | |
| Credit institutions | 430/8 | - | €40 | +€40 | |
| Trade debts | 44 | €504 | €1,226 | +€722 | +143% |
| Suppliers | 440/4 | €504 | €1,226 | +€722 | +143% |
| Taxes, remuneration and social security | 45 | €17,073 | €30,267 | +€13,193 | +77.3% |
| Taxes | 450/3 | €12,421 | €27,940 | +€15,519 | +125% |
| Remuneration and social security | 454/9 | €4,652 | €2,326 | -€2,326 | -50.0% |
| Accrued charges and deferred income | 492/3 | €6,000 | - | -€6,000 | |
| Remuneration, social security and pensions | 62 | -€55 | €346 | +€400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €291 | €4,245 | +€3,954 | +1,358% |
| Other operating charges | 640/8 | €329 | €266 | -€64 | -19.4% |
| Gross operating margin | 9900 | €61,472 | €133,777 | +€72,305 | +118% |
| Operating profit (loss) | 9901 | €60,906 | €128,920 | +€68,014 | +112% |
| Financial income | 75/76B | €30 | €809 | +€780 | +2,627% |
| Recurring financial income | 75 | €30 | €809 | +€780 | +2,627% |
| Financial charges | 65/66B | €16 | €96 | +€80 | +495% |
| Recurring financial charges | 65 | €16 | €96 | +€80 | +495% |
| Profit (loss) for the period before taxes | 9903 | €60,919 | €129,633 | +€68,714 | +113% |
| Income taxes | 67/77 | €12,421 | €27,703 | +€15,282 | +123% |
| Profit (loss) for the period | 9904 | €48,499 | €101,930 | +€53,432 | +110% |
| Profit (loss) for the period to be appropriated | 9905 | €48,499 | €101,930 | +€53,432 | +110% |
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 25 October 2026 via checked.be.