De Vos Metaalconstruct: what changed
Two fiscal 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.
De Vos Metaalconstruct
Largest movements
- Receivables within one year +€143,108
up €143,108 (+88.1%), from €162,357 to €305,465
of which Other amounts receivable: +€85,298
- Cash -€106,036
down €106,036 (-43.8%), from €242,318 to €136,282
mainly Investment in fixed assets (net) (-€171,310) and Receivables within one year (-€143,108)
- Tangible fixed assets +€50,291
up €50,291 (+2.1%), from €2.3m to €2.4m
of which Plant, machinery and equipment: +€146,551
- Reserves +€223,523
up €223,523 (+33.2%), from €673,247 to €896,770
- Debts after one year -€92,337
down €92,337 (-5.6%), from €1.6m to €1.6m
- Trade debts -€77,025
down €77,025 (-39.9%), from €193,241 to €116,216
- Tax, wage and social debts +€75,997
up €75,997 (+170.5%), from €44,573 to €120,569
of which Taxes: +€59,894
- Other debts -€59,377
down €59,377 (-42.6%), from €139,415 to €80,039
- Gross operating margin -€140,231
down €140,231 (-16.6%), from €846,006 to €705,775
- Taxes -€85,293
down €85,293 (-44.4%), from €192,099 to €106,805
- Staff costs +€76,849
up €76,849 (+81.6%), from €94,178 to €171,027
- Depreciation +€12,022
up €12,022 (+10.9%), from €109,858 to €121,880
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.
Cash bridge derived
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 | €2,839,370 | €2,941,026 | +€101,656 | +3.6% |
| Fixed assets | 21/28 | €2,350,834 | €2,400,263 | +€49,429 | +2.1% |
| Intangible fixed assets | 21 | €2,722 | €1,860 | -€862 | -31.7% |
| Tangible fixed assets | 22/27 | €2,347,906 | €2,398,198 | +€50,291 | +2.1% |
| Land and buildings | 22 | €2,096,261 | €2,047,089 | -€49,173 | -2.3% |
| Plant, machinery and equipment | 23 | €25,353 | €171,904 | +€146,551 | +578.0% |
| Furniture and vehicles | 24 | €77,535 | €46,113 | -€31,422 | -40.5% |
| Leasing and similar rights | 25 | €148,757 | €133,092 | -€15,664 | -10.5% |
| Financial fixed assets | 28 | €205 | €205 | = | 0.0% |
| Current assets | 29/58 | €488,536 | €540,763 | +€52,227 | +10.7% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Stocks and contracts in progress | 3 | €65,000 | €80,000 | +€15,000 | +23.1% |
| Stocks | 30/36 | €65,000 | €80,000 | +€15,000 | +23.1% |
| Amounts receivable within one year | 40/41 | €162,357 | €305,465 | +€143,108 | +88.1% |
| Trade receivables | 40 | €137,607 | €195,418 | +€57,810 | +42.0% |
| Other amounts receivable | 41 | €24,750 | €110,048 | +€85,298 | +344.6% |
| Cash at bank and in hand | 54/58 | €242,318 | €136,282 | -€106,036 | -43.8% |
| Deferred charges and accrued income | 490/1 | €18,861 | €19,016 | +€155 | +0.8% |
| Total equity and liabilities | 10/49 | €2,839,370 | €2,941,026 | +€101,656 | +3.6% |
| Equity | 10/15 | €693,247 | €916,770 | +€223,523 | +32.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €673,247 | €896,770 | +€223,523 | +33.2% |
| Distributable reserves | 133 | €673,247 | €896,770 | +€223,523 | +33.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €2,146,123 | €2,024,256 | -€121,867 | -5.7% |
| Amounts payable after more than one year | 17 | €1,648,548 | €1,556,210 | -€92,337 | -5.6% |
| Financial debts | 170/4 | €1,648,548 | €1,556,210 | -€92,337 | -5.6% |
| Amounts payable within one year | 42/48 | €497,575 | €468,046 | -€29,529 | -5.9% |
| Current portion of amounts payable after more than one year | 42 | €120,346 | €151,222 | +€30,876 | +25.7% |
| Trade debts | 44 | €193,241 | €116,216 | -€77,025 | -39.9% |
| Suppliers | 440/4 | €193,241 | €116,216 | -€77,025 | -39.9% |
| Taxes, remuneration and social security | 45 | €44,573 | €120,569 | +€75,997 | +170.5% |
| Taxes | 450/3 | €33,614 | €93,507 | +€59,894 | +178.2% |
| Remuneration and social security | 454/9 | €10,959 | €27,062 | +€16,103 | +146.9% |
| Other amounts payable | 47/48 | €139,415 | €80,039 | -€59,377 | -42.6% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €94,178 | €171,027 | +€76,849 | +81.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €109,858 | €121,880 | +€12,022 | +10.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€45 | €3,160 | +€3,205 | |
| Other operating charges | 640/8 | €20,326 | €15,448 | -€4,878 | -24.0% |
| Gross operating margin | 9900 | €846,006 | €705,775 | -€140,231 | -16.6% |
| Operating profit (loss) | 9901 | €621,689 | €394,260 | -€227,430 | -36.6% |
| Financial income | 75/76B | €3,010 | €6,031 | +€3,021 | +100.4% |
| Recurring financial income | 75 | €3,010 | €6,031 | +€3,021 | +100.4% |
| Financial charges | 65/66B | €67,345 | €69,963 | +€2,617 | +3.9% |
| Recurring financial charges | 65 | €67,345 | €69,963 | +€2,617 | +3.9% |
| Profit (loss) for the period before taxes | 9903 | €557,354 | €330,328 | -€227,026 | -40.7% |
| Income taxes | 67/77 | €192,099 | €106,805 | -€85,293 | -44.4% |
| Profit (loss) for the period | 9904 | €365,256 | €223,523 | -€141,733 | -38.8% |
| Profit (loss) for the period to be appropriated | 9905 | €365,256 | €223,523 | -€141,733 | -38.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.