BJ Metaalwerken: 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.
BJ Metaalwerken
Largest movements
- Tangible fixed assets +€75,056
up €75,056 (+654%), from €11,476 to €86,532
of which Furniture and vehicles: +€62,870
- Deferred charges and accrued income -€60,618
down €60,618 (-96.3%), from €62,970 to €2,353
- Cash +€37,810
up €37,810 (+201%), from €18,856 to €56,666
mainly Deferred charges and accrued income (+€60,618) and Debts after one year (+€49,526)
- Receivables within one year -€20,698
down €20,698 (-17.9%), from €115,776 to €95,078
of which Trade receivables: -€26,867
- Debts after one year +€49,526
new in 2025: €49,526
- Trade debts -€44,733
down €44,733 (-62.1%), from €72,060 to €27,327
- Reserves +€26,932
up €26,932 (+28.2%), from €95,353 to €122,285
- Current portion of long-term debt +€8,498
up €8,498 (+381%), from €2,233 to €10,731
- Tax, wage and social debts -€6,781
down €6,781 (-19.7%), from €34,466 to €27,685
- Gross operating margin -€11,498
down €11,498 (-18.0%), from €63,865 to €52,367
- Depreciation +€5,764
up €5,764 (+78.5%), from €7,342 to €13,106
- Taxes -€3,525
down €3,525 (-28.3%), from €12,462 to €8,937
- Other operating charges +€723
up €723 (+82.3%), from €879 to €1,602
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 | €212,003 | €243,554 | +€31,552 | +14.9% |
| Fixed assets | 21/28 | €14,401 | €89,457 | +€75,056 | +521% |
| Tangible fixed assets | 22/27 | €11,476 | €86,532 | +€75,056 | +654% |
| Plant, machinery and equipment | 23 | €11,476 | €23,662 | +€12,187 | +106% |
| Furniture and vehicles | 24 | €0 | €62,870 | +€62,870 | |
| Financial fixed assets | 28 | €2,925 | €2,925 | = | 0.0% |
| Current assets | 29/58 | €197,602 | €154,097 | -€43,505 | -22.0% |
| Amounts receivable within one year | 40/41 | €115,776 | €95,078 | -€20,698 | -17.9% |
| Trade receivables | 40 | €110,430 | €83,563 | -€26,867 | -24.3% |
| Other amounts receivable | 41 | €5,346 | €11,515 | +€6,169 | +115% |
| Cash at bank and in hand | 54/58 | €18,856 | €56,666 | +€37,810 | +201% |
| Deferred charges and accrued income | 490/1 | €62,970 | €2,353 | -€60,618 | -96.3% |
| Total equity and liabilities | 10/49 | €212,003 | €243,554 | +€31,552 | +14.9% |
| Equity | 10/15 | €101,353 | €128,285 | +€26,932 | +26.6% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €95,353 | €122,285 | +€26,932 | +28.2% |
| Distributable reserves | 133 | €95,353 | €122,285 | +€26,932 | +28.2% |
| Amounts payable | 17/49 | €110,649 | €115,269 | +€4,620 | +4.2% |
| Amounts payable after more than one year | 17 | - | €49,526 | +€49,526 | |
| Financial debts | 170/4 | - | €49,526 | +€49,526 | |
| Amounts payable within one year | 42/48 | €110,649 | €65,743 | -€44,906 | -40.6% |
| Current portion of amounts payable after more than one year | 42 | €2,233 | €10,731 | +€8,498 | +381% |
| Trade debts | 44 | €72,060 | €27,327 | -€44,733 | -62.1% |
| Suppliers | 440/4 | €72,060 | €27,327 | -€44,733 | -62.1% |
| Taxes, remuneration and social security | 45 | €34,466 | €27,685 | -€6,781 | -19.7% |
| Taxes | 450/3 | €34,466 | €27,685 | -€6,781 | -19.7% |
| Other amounts payable | 47/48 | €1,890 | - | -€1,890 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,342 | €13,106 | +€5,764 | +78.5% |
| Other operating charges | 640/8 | €879 | €1,602 | +€723 | +82.3% |
| Gross operating margin | 9900 | €63,865 | €52,367 | -€11,498 | -18.0% |
| Operating profit (loss) | 9901 | €55,645 | €37,660 | -€17,985 | -32.3% |
| Financial income | 75/76B | €307 | €9 | -€297 | -96.9% |
| Recurring financial income | 75 | €307 | €9 | -€297 | -96.9% |
| Financial charges | 65/66B | €1,662 | €1,801 | +€139 | +8.4% |
| Recurring financial charges | 65 | €1,662 | €1,801 | +€139 | +8.4% |
| Profit (loss) for the period before taxes | 9903 | €54,290 | €35,869 | -€18,422 | -33.9% |
| Income taxes | 67/77 | €12,462 | €8,937 | -€3,525 | -28.3% |
| Profit (loss) for the period | 9904 | €41,828 | €26,932 | -€14,896 | -35.6% |
| Profit (loss) for the period to be appropriated | 9905 | €41,828 | €26,932 | -€14,896 | -35.6% |
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.