DB Metalin: 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.
DB Metalin
Largest movements
- Cash -€98,033
down €98,033 (-34.0%), from €288,521 to €190,488
mainly Contributions, distributions and other (-€200,000) and Debts after one year (-€25,419)
- Tangible fixed assets -€30,325
down €30,325 (-24.6%), from €123,447 to €93,122
of which Leasing and similar rights: -€37,000
- Reserves -€104,778
down €104,778 (-33.4%), from €313,562 to €208,783
of which Distributable reserves: -€104,778
- Debts after one year -€25,419
down €25,419 (-77.5%), from €32,819 to €7,400
- Trade debts +€15,591
up €15,591 (+15.4%), from €101,556 to €117,147
- Tax, wage and social debts -€8,190
down €8,190 (-13.1%), from €62,347 to €54,158
of which Remuneration and social security: -€11,927
- Gross operating margin -€101,044
down €101,044 (-15.5%), from €653,074 to €552,030
- Staff costs -€56,792
down €56,792 (-13.4%), from €423,013 to €366,221
- Depreciation -€18,190
down €18,190 (-25.3%), from €71,901 to €53,712
- Write-downs -€9,664
down €9,664, from €7,987 to -€1,677
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 | €668,075 | €545,948 | -€122,127 | -18.3% |
| Fixed assets | 21/28 | €123,447 | €93,122 | -€30,325 | -24.6% |
| Tangible fixed assets | 22/27 | €123,447 | €93,122 | -€30,325 | -24.6% |
| Plant, machinery and equipment | 23 | €19,777 | €30,981 | +€11,204 | +56.6% |
| Furniture and vehicles | 24 | €21,357 | €16,829 | -€4,529 | -21.2% |
| Leasing and similar rights | 25 | €82,312 | €45,312 | -€37,000 | -45.0% |
| Current assets | 29/58 | €544,628 | €452,826 | -€91,802 | -16.9% |
| Stocks and contracts in progress | 3 | €46,331 | €48,918 | +€2,587 | +5.6% |
| Stocks | 30/36 | €31,304 | €45,852 | +€14,548 | +46.5% |
| Contracts in progress | 37 | €15,028 | €3,067 | -€11,961 | -79.6% |
| Amounts receivable within one year | 40/41 | €209,776 | €210,410 | +€635 | +0.3% |
| Trade receivables | 40 | €203,875 | €210,410 | +€6,536 | +3.2% |
| Other amounts receivable | 41 | €5,901 | €0 | -€5,901 | -100% |
| Cash at bank and in hand | 54/58 | €288,521 | €190,488 | -€98,033 | -34.0% |
| Deferred charges and accrued income | 490/1 | €0 | €3,009 | +€3,009 | |
| Total equity and liabilities | 10/49 | €668,075 | €545,948 | -€122,127 | -18.3% |
| Equity | 10/15 | €413,562 | €308,783 | -€104,778 | -25.3% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €313,562 | €208,783 | -€104,778 | -33.4% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €303,562 | €198,783 | -€104,778 | -34.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €254,513 | €237,165 | -€17,349 | -6.8% |
| Amounts payable after more than one year | 17 | €32,819 | €7,400 | -€25,419 | -77.5% |
| Financial debts | 170/4 | €32,819 | €7,400 | -€25,419 | -77.5% |
| Amounts payable within one year | 42/48 | €221,695 | €226,279 | +€4,584 | +2.1% |
| Current portion of amounts payable after more than one year | 42 | €25,130 | €25,419 | +€289 | +1.1% |
| Financial debts | 43 | €32,661 | €29,556 | -€3,106 | -9.5% |
| Credit institutions | 430/8 | €32,661 | €29,556 | -€3,106 | -9.5% |
| Trade debts | 44 | €101,556 | €117,147 | +€15,591 | +15.4% |
| Suppliers | 440/4 | €101,556 | €117,147 | +€15,591 | +15.4% |
| Taxes, remuneration and social security | 45 | €62,347 | €54,158 | -€8,190 | -13.1% |
| Taxes | 450/3 | €26,720 | €30,457 | +€3,737 | +14.0% |
| Remuneration and social security | 454/9 | €35,628 | €23,701 | -€11,927 | -33.5% |
| Accrued charges and deferred income | 492/3 | €0 | €3,485 | +€3,485 | |
| Remuneration, social security and pensions | 62 | €423,013 | €366,221 | -€56,792 | -13.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €71,901 | €53,712 | -€18,190 | -25.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €7,987 | -€1,677 | -€9,664 | |
| Other operating charges | 640/8 | €1,688 | €724 | -€965 | -57.1% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €653,074 | €552,030 | -€101,044 | -15.5% |
| Operating profit (loss) | 9901 | €148,485 | €133,051 | -€15,433 | -10.4% |
| Financial income | 75/76B | €6 | €0 | -€6 | -95.3% |
| Recurring financial income | 75 | €6 | €0 | -€6 | -95.3% |
| Financial charges | 65/66B | €2,944 | €2,063 | -€881 | -29.9% |
| Recurring financial charges | 65 | €2,944 | €2,063 | -€881 | -29.9% |
| Profit (loss) for the period before taxes | 9903 | €145,547 | €130,989 | -€14,559 | -10.0% |
| Income taxes | 67/77 | €39,099 | €35,767 | -€3,332 | -8.5% |
| Profit (loss) for the period | 9904 | €106,448 | €95,222 | -€11,227 | -10.5% |
| Profit (loss) for the period to be appropriated | 9905 | €106,448 | €95,222 | -€11,227 | -10.5% |
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 17 October 2026 via checked.be.