BEXMETAL: 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.
BEXMETAL
Largest movements
- Receivables within one year -€356,859
down €356,859 (-92.9%), from €383,953 to €27,094
of which Trade receivables: -€357,960
- Cash +€21,617
up €21,617 (+36.8%), from €58,667 to €80,284
mainly Receivables within one year (+€356,859) and Trade debts (+€25,077)
- Accrued charges and deferred income -€306,153
no longer reported in 2025 (was €306,153)
- Tax, wage and social debts -€61,116
down €61,116 (-99.9%), from €61,155 to €39
- Trade debts +€25,077
up €25,077 (+1,701%), from €1,474 to €26,551
- Profit (loss) carried forward +€6,950
up €6,950 (+5.6%), from -€123,467 to -€116,517
- Gross operating margin +€7,457
up €7,457, from -€272 to €7,185
- Financial income -€634
down €634 (-68.2%), from €930 to €295
- Financial charges -€129
down €129 (-49.8%), from €259 to €130
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 | €442,620 | €107,378 | -€335,242 | -75.7% |
| Current assets | 29/58 | €442,620 | €107,378 | -€335,242 | -75.7% |
| Amounts receivable within one year | 40/41 | €383,953 | €27,094 | -€356,859 | -92.9% |
| Trade receivables | 40 | €379,013 | €21,052 | -€357,960 | -94.4% |
| Other amounts receivable | 41 | €4,940 | €6,042 | +€1,101 | +22.3% |
| Cash at bank and in hand | 54/58 | €58,667 | €80,284 | +€21,617 | +36.8% |
| Total equity and liabilities | 10/49 | €442,620 | €107,378 | -€335,242 | -75.7% |
| Equity | 10/15 | €73,838 | €80,788 | +€6,950 | +9.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €191,105 | €191,105 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €189,245 | €189,245 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€123,467 | -€116,517 | +€6,950 | +5.6% |
| Amounts payable | 17/49 | €368,782 | €26,590 | -€342,192 | -92.8% |
| Amounts payable within one year | 42/48 | €62,629 | €26,590 | -€36,039 | -57.5% |
| Trade debts | 44 | €1,474 | €26,551 | +€25,077 | +1,701% |
| Suppliers | 440/4 | €1,474 | €26,551 | +€25,077 | +1,701% |
| Taxes, remuneration and social security | 45 | €61,155 | €39 | -€61,116 | -99.9% |
| Taxes | 450/3 | €61,155 | €39 | -€61,116 | -99.9% |
| Accrued charges and deferred income | 492/3 | €306,153 | - | -€306,153 | |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€272 | €7,185 | +€7,457 | |
| Operating profit (loss) | 9901 | -€660 | €6,785 | +€7,445 | |
| Financial income | 75/76B | €930 | €295 | -€634 | -68.2% |
| Recurring financial income | 75 | €930 | €295 | -€634 | -68.2% |
| Financial charges | 65/66B | €259 | €130 | -€129 | -49.8% |
| Recurring financial charges | 65 | €259 | €130 | -€129 | -49.8% |
| Profit (loss) for the period before taxes | 9903 | €11 | €6,950 | +€6,939 | +64,135% |
| Income taxes | 67/77 | €39 | - | -€39 | |
| Profit (loss) for the period | 9904 | -€28 | €6,950 | +€6,978 | |
| Profit (loss) for the period to be appropriated | 9905 | -€28 | €6,950 | +€6,978 |
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 18 October 2026 via checked.be.