BIMETALS: 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.
What changed
BIMETALS
NACE 46.120, Wholesale trade
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
€34,986
2023 · €48,390-€13,404
Equity
€559,290
2023 · €565,504-€6,214
Cash
€25,178
2023 · €14,350+€10,828
Balance sheet total
€1.5m
2023 · €1.4m+€116,672
Largest movements
Assets
- Stocks and contracts +€124,714
up €124,714 (+21.8%), from €571,512 to €696,226
- Receivables within one year -€64,490
down €64,490 (-9.0%), from €713,919 to €649,430
of which Trade receivables: -€46,064
- Tangible fixed assets +€46,483
up €46,483 (+61.1%), from €76,019 to €122,502
of which Furniture and vehicles: +€60,729
Equity and liabilities
- Trade debts +€45,059
up €45,059 (+9.6%), from €470,847 to €515,906
- Debts after one year +€31,252
up €31,252 (+491%), from €6,361 to €37,613
- Reserves -€29,822
down €29,822 (-12.9%), from €230,872 to €201,050
- Tax, wage and social debts +€24,392
up €24,392 (+127%), from €19,175 to €43,566
of which Taxes: +€23,622
- Profit (loss) carried forward +€23,608
up €23,608 (+27.9%), from €84,632 to €108,240
Income statement
- Purchases and services -€182,511
down €182,511 (-10.6%), from €1.7m to €1.5m
- Turnover -€172,971
down €172,971 (-8.9%), from €1.9m to €1.8m
- Write-downs +€34,820
new in 2024: €34,820
From the 2023 result to the 2024 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.
Result 2023
€48,390
Gross operating margin
+€17,375
Staff costs
-€1,808
Depreciation
+€2,626
Write-downs
-€34,820
Other operating charges
+€985
Financial income
+€9
Financial charges
-€3,430
Taxes
+€5,660
Result 2024
€34,986
raises the resultlowers the result
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€87,724
Investment
-€72,688
Financing
-€4,208
Cash 2023
€14,350
From operations (derived)
+€87,724
Net result for the year
+€34,986
Depreciation
+€26,204
Stocks and contracts
-€124,714
Receivables within one year
+€64,490
Deferred charges and accrued income
+€864
Trade debts
+€45,059
Tax, wage and social debts
+€24,392
Other debts
+€16,611
Accrued charges and deferred income
-€168
Investment (derived)
-€72,688
Investment in fixed assets (net)
-€72,688
Financing
-€4,208
Debts after one year
+€31,252
Current portion of long-term debt
+€5,860
Short-term financial debts
-€121
Contributions, distributions and other
-€41,200
Cash 2024
€25,178
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,390,677 | €1,507,349 | +€116,672 | +8.4% |
| Fixed assets | 21/28 | €82,413 | €128,896 | +€46,483 | +56.4% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €76,019 | €122,502 | +€46,483 | +61.1% |
| Plant, machinery and equipment | 23 | €7,451 | €4,307 | -€3,144 | -42.2% |
| Furniture and vehicles | 24 | €4,617 | €65,346 | +€60,729 | +1,315% |
| Other tangible fixed assets | 26 | €63,951 | €52,849 | -€11,101 | -17.4% |
| Financial fixed assets | 28 | €6,394 | €6,394 | = | 0.0% |
| Current assets | 29/58 | €1,308,264 | €1,378,453 | +€70,189 | +5.4% |
| Stocks and contracts in progress | 3 | €571,512 | €696,226 | +€124,714 | +21.8% |
| Stocks | 30/36 | €571,512 | €696,226 | +€124,714 | +21.8% |
| Amounts receivable within one year | 40/41 | €713,919 | €649,430 | -€64,490 | -9.0% |
| Trade receivables | 40 | €691,240 | €645,176 | -€46,064 | -6.7% |
| Other amounts receivable | 41 | €22,680 | €4,254 | -€18,426 | -81.2% |
| Cash at bank and in hand | 54/58 | €14,350 | €25,178 | +€10,828 | +75.5% |
| Deferred charges and accrued income | 490/1 | €8,483 | €7,619 | -€864 | -10.2% |
| Total equity and liabilities | 10/49 | €1,390,677 | €1,507,349 | +€116,672 | +8.4% |
| Equity | 10/15 | €565,504 | €559,290 | -€6,214 | -1.1% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Reserves | 13 | €230,872 | €201,050 | -€29,822 | -12.9% |
| Distributable reserves | 133 | €230,872 | €201,050 | -€29,822 | -12.9% |
| Profit (loss) carried forward | 14 | €84,632 | €108,240 | +€23,608 | +27.9% |
| Amounts payable | 17/49 | €825,174 | €948,059 | +€122,886 | +14.9% |
| Amounts payable after more than one year | 17 | €6,361 | €37,613 | +€31,252 | +491% |
| Financial debts | 170/4 | €6,361 | €37,613 | +€31,252 | +491% |
| Amounts payable within one year | 42/48 | €818,645 | €910,446 | +€91,801 | +11.2% |
| Current portion of amounts payable after more than one year | 42 | €9,851 | €15,712 | +€5,860 | +59.5% |
| Financial debts | 43 | €251,471 | €251,350 | -€121 | 0.0% |
| Credit institutions | 430/8 | €251,471 | €251,350 | -€121 | 0.0% |
| Other loans | 439 | €0 | - | = | |
| Trade debts | 44 | €470,847 | €515,906 | +€45,059 | +9.6% |
| Suppliers | 440/4 | €470,847 | €515,906 | +€45,059 | +9.6% |
| Taxes, remuneration and social security | 45 | €19,175 | €43,566 | +€24,392 | +127% |
| Taxes | 450/3 | €7,853 | €31,476 | +€23,622 | +301% |
| Remuneration and social security | 454/9 | €11,321 | €12,091 | +€769 | +6.8% |
| Other amounts payable | 47/48 | €67,302 | €83,913 | +€16,611 | +24.7% |
| Accrued charges and deferred income | 492/3 | €168 | €0 | -€168 | -100% |
| Turnover | 70 | €1,932,894 | €1,759,924 | -€172,971 | -8.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,719,002 | €1,536,491 | -€182,511 | -10.6% |
| Remuneration, social security and pensions | 62 | €96,980 | €98,788 | +€1,808 | +1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,830 | €26,204 | -€2,626 | -9.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €34,820 | +€34,820 | |
| Other operating charges | 640/8 | €8,055 | €7,070 | -€985 | -12.2% |
| Gross operating margin | 9900 | €226,307 | €243,682 | +€17,375 | +7.7% |
| Operating profit (loss) | 9901 | €92,442 | €76,800 | -€15,642 | -16.9% |
| Financial income | 75/76B | €0 | €9 | +€9 | +15,150% |
| Recurring financial income | 75 | €0 | €9 | +€9 | +15,150% |
| Financial charges | 65/66B | €16,578 | €20,008 | +€3,430 | +20.7% |
| Recurring financial charges | 65 | €16,578 | €20,008 | +€3,430 | +20.7% |
| Profit (loss) for the period before taxes | 9903 | €75,864 | €56,801 | -€19,063 | -25.1% |
| Income taxes | 67/77 | €27,475 | €21,815 | -€5,660 | -20.6% |
| Profit (loss) for the period | 9904 | €48,390 | €34,986 | -€13,404 | -27.7% |
| Profit (loss) for the period to be appropriated | 9905 | €48,390 | €34,986 | -€13,404 | -27.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.