AL - MET: what changed
You see two financial years side by side: what moved most in the balance sheet and the result, why the result rose or fell and where the money went.
AL - MET
Largest movements
- Receivables within one year +€62,964
up €62,964 (+9.3%), from €679,120 to €742,084
of which Trade receivables: +€36,325
- Stocks and contracts -€39,424
down €39,424 (-29.2%), from €135,037 to €95,613
- Receivables after one year +€37,634
up €37,634 (+5.1%), from €744,454 to €782,088
- Tangible fixed assets -€22,740
down €22,740 (-5.0%), from €454,412 to €431,672
of which Land and buildings: -€20,261
- Trade debts +€125,507
up €125,507 (+22.4%), from €561,469 to €686,976
- Debts after one year -€50,084
down €50,084 (-27.2%), from €184,087 to €134,003
- Advances received -€36,656
down €36,656 (-7.4%), from €498,638 to €461,982
- Purchases and services -€458,012
down €458,012 (-33.5%), from €1.4m to €909,802
- Turnover -€364,013
down €364,013 (-25.4%), from €1.4m to €1.1m
- Gross operating margin +€94,000
up €94,000 (+146%), from €64,491 to €158,490
- Staff costs +€57,292
up €57,292 (+446%), from €12,853 to €70,146
- Taxes +€27,197
up €27,197 (+1,143%), from €2,379 to €29,576
Change in the result, 2023 to 2024
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 2023 and 2024 balance sheets and the 2024 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 | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,054,426 | €2,102,075 | +€47,648 | +2.3% |
| Fixed assets | 21/28 | €471,264 | €448,524 | -€22,740 | -4.8% |
| Tangible fixed assets | 22/27 | €454,412 | €431,672 | -€22,740 | -5.0% |
| Land and buildings | 22 | €446,160 | €425,899 | -€20,261 | -4.5% |
| Furniture and vehicles | 24 | €8,252 | €5,773 | -€2,479 | -30.0% |
| Financial fixed assets | 28 | €16,852 | €16,852 | = | 0.0% |
| Current assets | 29/58 | €1,583,162 | €1,653,551 | +€70,389 | +4.4% |
| Amounts receivable after more than one year | 29 | €744,454 | €782,088 | +€37,634 | +5.1% |
| Trade receivables | 290 | €744,454 | €782,088 | +€37,634 | +5.1% |
| Stocks and contracts in progress | 3 | €135,037 | €95,613 | -€39,424 | -29.2% |
| Contracts in progress | 37 | €135,037 | €95,613 | -€39,424 | -29.2% |
| Amounts receivable within one year | 40/41 | €679,120 | €742,084 | +€62,964 | +9.3% |
| Trade receivables | 40 | €609,113 | €645,439 | +€36,325 | +6.0% |
| Other amounts receivable | 41 | €70,007 | €96,645 | +€26,638 | +38.1% |
| Cash at bank and in hand | 54/58 | €22,159 | €33,766 | +€11,607 | +52.4% |
| Deferred charges and accrued income | 490/1 | €2,391 | - | -€2,391 | |
| Total equity and liabilities | 10/49 | €2,054,426 | €2,102,075 | +€47,648 | +2.3% |
| Equity | 10/15 | €729,659 | €739,872 | +€10,213 | +1.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €135,717 | €135,717 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €90,896 | €90,896 | = | 0.0% |
| Distributable reserves | 133 | €42,962 | €42,962 | = | 0.0% |
| Profit (loss) carried forward | 14 | €575,342 | €585,555 | +€10,213 | +1.8% |
| Amounts payable | 17/49 | €1,324,767 | €1,362,203 | +€37,435 | +2.8% |
| Amounts payable after more than one year | 17 | €184,087 | €134,003 | -€50,084 | -27.2% |
| Financial debts | 170/4 | €184,087 | €134,003 | -€50,084 | -27.2% |
| Amounts payable within one year | 42/48 | €1,140,680 | €1,228,200 | +€87,520 | +7.7% |
| Current portion of amounts payable after more than one year | 42 | €69,124 | €66,421 | -€2,703 | -3.9% |
| Financial debts | 43 | €2,055 | €115 | -€1,940 | -94.4% |
| Credit institutions | 430/8 | €2,055 | €115 | -€1,940 | -94.4% |
| Trade debts | 44 | €561,469 | €686,976 | +€125,507 | +22.4% |
| Suppliers | 440/4 | €561,469 | €686,976 | +€125,507 | +22.4% |
| Advances received on contracts in progress | 46 | €498,638 | €461,982 | -€36,656 | -7.4% |
| Taxes, remuneration and social security | 45 | €6,593 | €9,905 | +€3,312 | +50.2% |
| Taxes | 450/3 | €6,593 | €2,794 | -€3,799 | -57.6% |
| Remuneration and social security | 454/9 | - | €7,111 | +€7,111 | |
| Other amounts payable | 47/48 | €2,800 | €2,800 | = | 0.0% |
| Turnover | 70 | €1,432,305 | €1,068,293 | -€364,013 | -25.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,367,815 | €909,802 | -€458,012 | -33.5% |
| Remuneration, social security and pensions | 62 | €12,853 | €70,146 | +€57,292 | +446% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,720 | €22,740 | -€1,979 | -8.0% |
| Other operating charges | 640/8 | €8,910 | €14,845 | +€5,934 | +66.6% |
| Gross operating margin | 9900 | €64,491 | €158,490 | +€94,000 | +146% |
| Operating profit (loss) | 9901 | €18,007 | €50,760 | +€32,752 | +182% |
| Financial income | 75/76B | €3,905 | €2,266 | -€1,639 | -42.0% |
| Recurring financial income | 75 | €3,905 | €2,266 | -€1,639 | -42.0% |
| Financial charges | 65/66B | €13,301 | €13,237 | -€64 | -0.5% |
| Recurring financial charges | 65 | €13,301 | €13,237 | -€64 | -0.5% |
| Profit (loss) for the period before taxes | 9903 | €8,611 | €39,789 | +€31,178 | +362% |
| Income taxes | 67/77 | €2,379 | €29,576 | +€27,197 | +1,143% |
| Profit (loss) for the period | 9904 | €6,232 | €10,213 | +€3,981 | +63.9% |
| Profit (loss) for the period to be appropriated | 9905 | €6,232 | €10,213 | +€3,981 | +63.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.