D.G. METAL: what changed
D.G. METAL
Largest movements
- Cash +€48,396
up €48,396 (+1,406%), from €3,442 to €51,838
mainly Advances received (+€56,350) and Net result for the year (+€17,369)
- Receivables within one year +€29,309
up €29,309 (+35.4%), from €82,882 to €112,191
of which Trade receivables: +€25,158
- Stocks and contracts -€7,500
no longer reported in 2025 (was €7,500)
- Tangible fixed assets -€4,902
down €4,902 (-13.7%), from €35,703 to €30,801
of which Land and buildings: -€4,209
- Advances received +€56,350
new in 2025: €56,350
- Profit (loss) carried forward +€17,369
up €17,369 (+24.7%), from €70,400 to €87,769
- Debts after one year -€7,455
down €7,455 (-46.8%), from €15,925 to €8,469
- Short-term financial debts -€6,968
no longer reported in 2025 (was €6,968)
- Tax, wage and social debts +€3,805
up €3,805 (+142%), from €2,676 to €6,481
- Gross operating margin +€7,218
up €7,218 (+25.7%), from €28,095 to €35,313
- Financial charges +€4,061
up €4,061 (+130%), from €3,116 to €7,177
of which Non-recurring financial charges: +€4,890
- Taxes +€1,368
up €1,368 (+24.6%), from €5,564 to €6,932
- Depreciation -€980
down €980 (-14.4%), from €6,816 to €5,835
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €131,590 | €197,918 | +€66,328 | +50.4% |
| Fixed assets | 21/28 | €37,189 | €32,291 | -€4,898 | -13.2% |
| Tangible fixed assets | 22/27 | €35,703 | €30,801 | -€4,902 | -13.7% |
| Land and buildings | 22 | €33,258 | €29,049 | -€4,209 | -12.7% |
| Plant, machinery and equipment | 23 | €1,980 | €818 | -€1,163 | -58.7% |
| Furniture and vehicles | 24 | €465 | €935 | +€469 | +101% |
| Financial fixed assets | 28 | €1,486 | €1,490 | +€4 | +0.3% |
| Current assets | 29/58 | €94,402 | €165,628 | +€71,226 | +75.5% |
| Stocks and contracts in progress | 3 | €7,500 | - | -€7,500 | |
| Stocks | 30/36 | €7,500 | - | -€7,500 | |
| Amounts receivable within one year | 40/41 | €82,882 | €112,191 | +€29,309 | +35.4% |
| Trade receivables | 40 | €20,497 | €45,655 | +€25,158 | +123% |
| Other amounts receivable | 41 | €62,385 | €66,536 | +€4,151 | +6.7% |
| Cash at bank and in hand | 54/58 | €3,442 | €51,838 | +€48,396 | +1,406% |
| Deferred charges and accrued income | 490/1 | €577 | €1,599 | +€1,021 | +177% |
| Total equity and liabilities | 10/49 | €131,590 | €197,918 | +€66,328 | +50.4% |
| Equity | 10/15 | €90,851 | €108,221 | +€17,369 | +19.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €70,400 | €87,769 | +€17,369 | +24.7% |
| Amounts payable | 17/49 | €40,739 | €89,698 | +€48,959 | +120% |
| Amounts payable after more than one year | 17 | €15,925 | €8,469 | -€7,455 | -46.8% |
| Financial debts | 170/4 | €15,925 | €8,469 | -€7,455 | -46.8% |
| Amounts payable within one year | 42/48 | €24,814 | €81,228 | +€56,414 | +227% |
| Current portion of amounts payable after more than one year | 42 | €7,177 | €7,455 | +€278 | +3.9% |
| Financial debts | 43 | €6,968 | - | -€6,968 | |
| Other loans | 439 | €6,968 | - | -€6,968 | |
| Trade debts | 44 | €7,993 | €10,942 | +€2,949 | +36.9% |
| Suppliers | 440/4 | €7,993 | €10,942 | +€2,949 | +36.9% |
| Advances received on contracts in progress | 46 | - | €56,350 | +€56,350 | |
| Taxes, remuneration and social security | 45 | €2,676 | €6,481 | +€3,805 | +142% |
| Taxes | 450/3 | €2,676 | €6,481 | +€3,805 | +142% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,816 | €5,835 | -€980 | -14.4% |
| Other operating charges | 640/8 | €1,427 | €1,309 | -€118 | -8.3% |
| Non-recurring operating charges | 66A | €181 | - | -€181 | |
| Gross operating margin | 9900 | €28,095 | €35,313 | +€7,218 | +25.7% |
| Operating profit (loss) | 9901 | €19,671 | €28,169 | +€8,498 | +43.2% |
| Financial income | 75/76B | €3,336 | €3,309 | -€27 | -0.8% |
| Recurring financial income | 75 | €3,336 | €3,309 | -€27 | -0.8% |
| Financial charges | 65/66B | €3,116 | €7,177 | +€4,061 | +130% |
| Recurring financial charges | 65 | €3,116 | €2,286 | -€829 | -26.6% |
| Non-recurring financial charges | 66B | - | €4,890 | +€4,890 | |
| Profit (loss) for the period before taxes | 9903 | €19,891 | €24,301 | +€4,410 | +22.2% |
| Income taxes | 67/77 | €5,564 | €6,932 | +€1,368 | +24.6% |
| Profit (loss) for the period | 9904 | €14,328 | €17,369 | +€3,042 | +21.2% |
| Profit (loss) for the period to be appropriated | 9905 | €14,328 | €17,369 | +€3,042 | +21.2% |
Next steps
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 4 November 2026 via checked.be.