CASTERS METAALWERKEN: what changed
What changed
CASTERS METAALWERKEN
NACE 25.110, Manufacture of metal structures and parts of structures
filed annual accounts (NBB)
Net result for the year
€241,021
2024 · €276,686-€35,665
Equity
€2.4m
2024 · €2.2m+€241,021
Cash
€506,006
2024 · €789,022-€283,017
Balance sheet total
€2.6m
2024 · €2.5m+€98,908
Largest movements
Assets
- Current investments +€522,498
up €522,498 (+75.8%), from €689,000 to €1.2m
- Cash -€283,017
down €283,017 (-35.9%), from €789,022 to €506,006
mainly Current investments (-€522,498) and Other debts (-€54,367)
- Tangible fixed assets -€112,325
down €112,325 (-18.6%), from €604,257 to €491,932
of which Plant, machinery and equipment: -€66,783
Equity and liabilities
- Reserves +€241,021
up €241,021 (+15.9%), from €1.5m to €1.8m
- Other debts -€54,367
down €54,367 (-36.3%), from €149,743 to €95,376
- Tax, wage and social debts -€41,835
down €41,835 (-65.5%), from €63,844 to €22,009
of which Taxes: -€40,267
Income statement
- Gross operating margin -€34,951
down €34,951 (-5.8%), from €599,136 to €564,185
- Taxes -€15,205
down €15,205 (-12.5%), from €121,922 to €106,717
- Financial income -€11,173
down €11,173 (-56.5%), from €19,785 to €8,612
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€276,686
Gross operating margin
-€34,951
Staff costs
-€2,296
Depreciation
-€1,976
Other operating charges
-€597
Financial income
-€11,173
Financial charges
+€124
Taxes
+€15,205
Result 2025
€241,021
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€259,510
Investment
-€542,527
Financing
€0
Cash 2024
€789,022
From operations (derived)
+€259,510
Net result for the year
+€241,021
Depreciation
+€132,354
Stocks and contracts
+€6,470
Receivables within one year
+€22,352
Deferred charges and accrued income
-€574
Trade debts
-€24,884
Tax, wage and social debts
-€41,835
Other debts
-€54,367
Accrued charges and deferred income
-€21,027
Investment (derived)
-€542,527
Investment in fixed assets (net)
-€20,029
Current investments
-€522,498
Cash 2025
€506,006
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,462,206 | €2,561,114 | +€98,908 | +4.0% |
| Fixed assets | 21/28 | €605,882 | €493,557 | -€112,325 | -18.5% |
| Tangible fixed assets | 22/27 | €604,257 | €491,932 | -€112,325 | -18.6% |
| Land and buildings | 22 | €359,947 | €320,683 | -€39,264 | -10.9% |
| Plant, machinery and equipment | 23 | €234,053 | €167,270 | -€66,783 | -28.5% |
| Furniture and vehicles | 24 | €10,257 | €3,979 | -€6,278 | -61.2% |
| Financial fixed assets | 28 | €1,625 | €1,625 | = | 0.0% |
| Current assets | 29/58 | €1,856,324 | €2,067,557 | +€211,233 | +11.4% |
| Stocks and contracts in progress | 3 | €103,479 | €97,009 | -€6,470 | -6.3% |
| Stocks | 30/36 | €66,560 | €70,760 | +€4,200 | +6.3% |
| Contracts in progress | 37 | €36,919 | €26,249 | -€10,670 | -28.9% |
| Amounts receivable within one year | 40/41 | €262,234 | €239,881 | -€22,352 | -8.5% |
| Trade receivables | 40 | €262,032 | €233,929 | -€28,103 | -10.7% |
| Other amounts receivable | 41 | €202 | €5,952 | +€5,751 | +2,853% |
| Current investments | 50/53 | €689,000 | €1,211,498 | +€522,498 | +75.8% |
| Cash at bank and in hand | 54/58 | €789,022 | €506,006 | -€283,017 | -35.9% |
| Deferred charges and accrued income | 490/1 | €12,589 | €13,164 | +€574 | +4.6% |
| Total equity and liabilities | 10/49 | €2,462,206 | €2,561,114 | +€98,908 | +4.0% |
| Equity | 10/15 | €2,179,214 | €2,420,235 | +€241,021 | +11.1% |
| Contributions | 10/11 | €659,000 | €659,000 | = | 0.0% |
| Reserves | 13 | €1,520,214 | €1,761,235 | +€241,021 | +15.9% |
| Distributable reserves | 133 | €1,520,214 | €1,761,235 | +€241,021 | +15.9% |
| Amounts payable | 17/49 | €282,992 | €140,879 | -€142,113 | -50.2% |
| Amounts payable within one year | 42/48 | €261,957 | €140,871 | -€121,086 | -46.2% |
| Trade debts | 44 | €48,370 | €23,486 | -€24,884 | -51.4% |
| Suppliers | 440/4 | €48,370 | €23,486 | -€24,884 | -51.4% |
| Taxes, remuneration and social security | 45 | €63,844 | €22,009 | -€41,835 | -65.5% |
| Taxes | 450/3 | €45,659 | €5,392 | -€40,267 | -88.2% |
| Remuneration and social security | 454/9 | €18,184 | €16,617 | -€1,567 | -8.6% |
| Other amounts payable | 47/48 | €149,743 | €95,376 | -€54,367 | -36.3% |
| Accrued charges and deferred income | 492/3 | €21,035 | €9 | -€21,027 | -100.0% |
| Non-recurring operating income | 76A | €9,543 | €0 | -€9,543 | -100% |
| Remuneration, social security and pensions | 62 | €78,343 | €80,639 | +€2,296 | +2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €130,378 | €132,354 | +€1,976 | +1.5% |
| Other operating charges | 640/8 | €10,249 | €10,847 | +€597 | +5.8% |
| Gross operating margin | 9900 | €599,136 | €564,185 | -€34,951 | -5.8% |
| Operating profit (loss) | 9901 | €380,166 | €340,346 | -€39,820 | -10.5% |
| Financial income | 75/76B | €19,785 | €8,612 | -€11,173 | -56.5% |
| Recurring financial income | 75 | €19,785 | €8,612 | -€11,173 | -56.5% |
| Financial charges | 65/66B | €1,344 | €1,220 | -€124 | -9.2% |
| Recurring financial charges | 65 | €1,344 | €1,220 | -€124 | -9.2% |
| Profit (loss) for the period before taxes | 9903 | €398,608 | €347,737 | -€50,870 | -12.8% |
| Income taxes | 67/77 | €121,922 | €106,717 | -€15,205 | -12.5% |
| Profit (loss) for the period | 9904 | €276,686 | €241,021 | -€35,665 | -12.9% |
| Profit (loss) for the period to be appropriated | 9905 | €276,686 | €241,021 | -€35,665 | -12.9% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.