CIELEN METAALCONSTRUCTIE: 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.
CIELEN METAALCONSTRUCTIE
Largest movements
- Receivables within one year -€6,299
down €6,299 (-16.4%), from €38,336 to €32,037
of which Trade receivables: -€5,651
- Stocks and contracts -€2,000
down €2,000 (-14.3%), from €14,000 to €12,000
- Tangible fixed assets -€1,094
down €1,094 (-32.6%), from €3,350 to €2,257
- Cash +€756
up €756 (+8.3%), from €9,152 to €9,909
mainly Receivables within one year (+€6,299) and Stocks and contracts (+€2,000)
- Profit (loss) carried forward -€5,894
down €5,894 (-14.5%), from -€40,529 to -€46,424
- Tax, wage and social debts -€4,103
down €4,103 (-54.7%), from €7,498 to €3,395
- Other debts +€1,381
new in 2025: €1,381
- Trade debts +€1,217
up €1,217 (+10.4%), from €11,708 to €12,925
- Short-term financial debts -€1,117
down €1,117 (-31.0%), from €3,608 to €2,491
- Depreciation -€3,300
down €3,300 (-75.1%), from €4,394 to €1,094
- Other operating charges +€1,893
up €1,893 (+50.2%), from €3,774 to €5,667
- Financial charges -€770
down €770 (-27.4%), from €2,812 to €2,042
- Gross operating margin -€473
down €473 (-14.0%), from €3,365 to €2,893
- Financial income -€279
down €279 (-94.6%), from €296 to €16
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 | €65,232 | €56,716 | -€8,516 | -13.1% |
| Fixed assets | 21/28 | €3,350 | €2,257 | -€1,094 | -32.6% |
| Tangible fixed assets | 22/27 | €3,350 | €2,257 | -€1,094 | -32.6% |
| Plant, machinery and equipment | 23 | €3,350 | €2,257 | -€1,094 | -32.6% |
| Current assets | 29/58 | €61,882 | €54,459 | -€7,423 | -12.0% |
| Stocks and contracts in progress | 3 | €14,000 | €12,000 | -€2,000 | -14.3% |
| Stocks | 30/36 | €14,000 | €12,000 | -€2,000 | -14.3% |
| Amounts receivable within one year | 40/41 | €38,336 | €32,037 | -€6,299 | -16.4% |
| Trade receivables | 40 | €24,851 | €19,200 | -€5,651 | -22.7% |
| Other amounts receivable | 41 | €13,485 | €12,837 | -€648 | -4.8% |
| Cash at bank and in hand | 54/58 | €9,152 | €9,909 | +€756 | +8.3% |
| Deferred charges and accrued income | 490/1 | €393 | €513 | +€120 | +30.4% |
| Total equity and liabilities | 10/49 | €65,232 | €56,716 | -€8,516 | -13.1% |
| Equity | 10/15 | €42,418 | €36,524 | -€5,894 | -13.9% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €57,948 | €57,948 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Distributable reserves | 133 | €55,448 | €55,448 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€40,529 | -€46,424 | -€5,894 | -14.5% |
| Amounts payable | 17/49 | €22,814 | €20,192 | -€2,622 | -11.5% |
| Amounts payable within one year | 42/48 | €22,814 | €20,192 | -€2,622 | -11.5% |
| Financial debts | 43 | €3,608 | €2,491 | -€1,117 | -31.0% |
| Credit institutions | 430/8 | €3,608 | €2,491 | -€1,117 | -31.0% |
| Trade debts | 44 | €11,708 | €12,925 | +€1,217 | +10.4% |
| Suppliers | 440/4 | €11,708 | €12,925 | +€1,217 | +10.4% |
| Taxes, remuneration and social security | 45 | €7,498 | €3,395 | -€4,103 | -54.7% |
| Taxes | 450/3 | €7,498 | €3,395 | -€4,103 | -54.7% |
| Other amounts payable | 47/48 | - | €1,381 | +€1,381 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,394 | €1,094 | -€3,300 | -75.1% |
| Other operating charges | 640/8 | €3,774 | €5,667 | +€1,893 | +50.2% |
| Gross operating margin | 9900 | €3,365 | €2,893 | -€473 | -14.0% |
| Operating profit (loss) | 9901 | -€4,802 | -€3,869 | +€934 | +19.4% |
| Financial income | 75/76B | €296 | €16 | -€279 | -94.6% |
| Recurring financial income | 75 | €296 | €16 | -€279 | -94.6% |
| Financial charges | 65/66B | €2,812 | €2,042 | -€770 | -27.4% |
| Recurring financial charges | 65 | €2,812 | €2,042 | -€770 | -27.4% |
| Profit (loss) for the period before taxes | 9903 | -€7,319 | -€5,894 | +€1,424 | +19.5% |
| Profit (loss) for the period | 9904 | -€7,319 | -€5,894 | +€1,424 | +19.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,319 | -€5,894 | +€1,424 | +19.5% |
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 15 October 2026 via checked.be.