ACG Metalec: 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.
ACG Metalec
Largest movements
- Tangible fixed assets +€718,922
up €718,922 (+145%), from €495,757 to €1.2m
of which Land and buildings: +€477,808
- Receivables within one year -€145,416
down €145,416 (-49.3%), from €294,888 to €149,472
of which Other amounts receivable: -€169,844
- Receivables after one year +€100,410
new in 2025: €100,410
- Debts after one year +€655,487
up €655,487 (+120%), from €546,873 to €1.2m
- Reserves +€118,246
up €118,246 (+28.3%), from €417,688 to €535,934
of which Distributable reserves: +€118,246
- Trade debts -€91,164
down €91,164 (-57.3%), from €159,061 to €67,897
- Other debts -€88,281
down €88,281 (-93.4%), from €94,495 to €6,214
- Current portion of long-term debt +€77,731
up €77,731 (+63.3%), from €122,782 to €200,513
- Financial income +€192,874
up €192,874 (+533,981%), from €36 to €192,910
- Other operating charges +€68,335
up €68,335 (+2,192%), from €3,117 to €71,452
- Depreciation +€48,314
up €48,314 (+22.1%), from €218,690 to €267,004
- Gross operating margin -€43,358
down €43,358 (-9.8%), from €443,566 to €400,208
- Financial charges +€14,728
up €14,728 (+52.3%), from €28,187 to €42,915
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 | €1,403,274 | €2,059,949 | +€656,675 | +46.8% |
| Fixed assets | 21/28 | €1,044,282 | €1,763,204 | +€718,922 | +68.8% |
| Tangible fixed assets | 22/27 | €495,757 | €1,214,679 | +€718,922 | +145% |
| Land and buildings | 22 | €164,043 | €641,851 | +€477,808 | +291% |
| Plant, machinery and equipment | 23 | €331,715 | €572,828 | +€241,114 | +72.7% |
| Financial fixed assets | 28 | €548,525 | €548,525 | = | 0.0% |
| Current assets | 29/58 | €358,991 | €296,745 | -€62,247 | -17.3% |
| Amounts receivable after more than one year | 29 | - | €100,410 | +€100,410 | |
| Trade receivables | 290 | - | €100,410 | +€100,410 | |
| Amounts receivable within one year | 40/41 | €294,888 | €149,472 | -€145,416 | -49.3% |
| Trade receivables | 40 | €124,888 | €149,316 | +€24,428 | +19.6% |
| Other amounts receivable | 41 | €170,000 | €156 | -€169,844 | -99.9% |
| Cash at bank and in hand | 54/58 | €64,103 | €46,862 | -€17,241 | -26.9% |
| Total equity and liabilities | 10/49 | €1,403,274 | €2,059,949 | +€656,675 | +46.8% |
| Equity | 10/15 | €437,688 | €555,934 | +€118,246 | +27.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €417,688 | €535,934 | +€118,246 | +28.3% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €415,688 | €533,934 | +€118,246 | +28.4% |
| Amounts payable | 17/49 | €965,586 | €1,504,015 | +€538,429 | +55.8% |
| Amounts payable after more than one year | 17 | €546,873 | €1,202,360 | +€655,487 | +120% |
| Financial debts | 170/4 | €546,873 | €1,202,360 | +€655,487 | +120% |
| Amounts payable within one year | 42/48 | €418,712 | €301,654 | -€117,058 | -28.0% |
| Current portion of amounts payable after more than one year | 42 | €122,782 | €200,513 | +€77,731 | +63.3% |
| Trade debts | 44 | €159,061 | €67,897 | -€91,164 | -57.3% |
| Suppliers | 440/4 | €159,061 | €67,897 | -€91,164 | -57.3% |
| Taxes, remuneration and social security | 45 | €42,374 | €27,030 | -€15,343 | -36.2% |
| Taxes | 450/3 | €32,952 | €17,323 | -€15,628 | -47.4% |
| Remuneration and social security | 454/9 | €9,422 | €9,707 | +€285 | +3.0% |
| Other amounts payable | 47/48 | €94,495 | €6,214 | -€88,281 | -93.4% |
| Remuneration, social security and pensions | 62 | €78,839 | €83,236 | +€4,397 | +5.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €218,690 | €267,004 | +€48,314 | +22.1% |
| Other operating charges | 640/8 | €3,117 | €71,452 | +€68,335 | +2,192% |
| Gross operating margin | 9900 | €443,566 | €400,208 | -€43,358 | -9.8% |
| Operating profit (loss) | 9901 | €142,919 | -€21,484 | -€164,404 | |
| Financial income | 75/76B | €36 | €192,910 | +€192,874 | +533,981% |
| Recurring financial income | 75 | €36 | €192,910 | +€192,874 | +533,981% |
| Financial charges | 65/66B | €28,187 | €42,915 | +€14,728 | +52.3% |
| Recurring financial charges | 65 | €28,187 | €42,915 | +€14,728 | +52.3% |
| Profit (loss) for the period before taxes | 9903 | €114,769 | €128,511 | +€13,742 | +12.0% |
| Income taxes | 67/77 | - | €10,265 | +€10,265 | |
| Profit (loss) for the period | 9904 | €114,769 | €118,246 | +€3,477 | +3.0% |
| Profit (loss) for the period to be appropriated | 9905 | €114,769 | €118,246 | +€3,477 | +3.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.