DW Metaalwerken: what changed
DW Metaalwerken
Largest movements
- Tangible fixed assets +€36,009
up €36,009 (+43.4%), from €82,982 to €118,990
of which Furniture and vehicles: +€47,156
- Cash +€19,517
up €19,517 (+115%), from €17,008 to €36,525
mainly Other debts (+€96,000) and Depreciation (+€45,656)
- Other debts +€96,000
up €96,000 (+89.0%), from €107,867 to €203,867
- Profit (loss) carried forward -€37,275
down €37,275 (-144%), from -€25,945 to -€63,220
- Trade debts -€3,415
down €3,415 (-45.2%), from €7,550 to €4,134
- Depreciation +€16,862
up €16,862 (+58.6%), from €28,794 to €45,656
- Gross operating margin +€5,163
up €5,163 (+130%), from €3,965 to €9,129
- Other operating charges -€287
down €287 (-35.6%), from €806 to €519
- Financial income +€96
up €96 (+961,400%), from €0 to €96
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 | €107,807 | €164,585 | +€56,778 | +52.7% |
| Fixed assets | 21/28 | €82,982 | €118,990 | +€36,009 | +43.4% |
| Tangible fixed assets | 22/27 | €82,982 | €118,990 | +€36,009 | +43.4% |
| Plant, machinery and equipment | 23 | €43,470 | €33,195 | -€10,274 | -23.6% |
| Furniture and vehicles | 24 | €36,105 | €83,261 | +€47,156 | +131% |
| Other tangible fixed assets | 26 | €3,407 | €2,534 | -€873 | -25.6% |
| Current assets | 29/58 | €24,825 | €45,594 | +€20,769 | +83.7% |
| Amounts receivable within one year | 40/41 | €7,260 | €7,260 | = | 0.0% |
| Trade receivables | 40 | €7,260 | €7,260 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €17,008 | €36,525 | +€19,517 | +115% |
| Deferred charges and accrued income | 490/1 | €557 | €1,809 | +€1,252 | +225% |
| Total equity and liabilities | 10/49 | €107,807 | €164,585 | +€56,778 | +52.7% |
| Equity | 10/15 | -€10,388 | -€47,663 | -€37,275 | -359% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €10,557 | €10,557 | = | 0.0% |
| Distributable reserves | 133 | €10,557 | €10,557 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€25,945 | -€63,220 | -€37,275 | -144% |
| Amounts payable | 17/49 | €118,195 | €212,248 | +€94,052 | +79.6% |
| Amounts payable within one year | 42/48 | €118,195 | €212,248 | +€94,052 | +79.6% |
| Trade debts | 44 | €7,550 | €4,134 | -€3,415 | -45.2% |
| Suppliers | 440/4 | €7,550 | €4,134 | -€3,415 | -45.2% |
| Taxes, remuneration and social security | 45 | €2,778 | €4,246 | +€1,468 | +52.8% |
| Taxes | 450/3 | €2,778 | €4,246 | +€1,468 | +52.8% |
| Other amounts payable | 47/48 | €107,867 | €203,867 | +€96,000 | +89.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,794 | €45,656 | +€16,862 | +58.6% |
| Other operating charges | 640/8 | €806 | €519 | -€287 | -35.6% |
| Gross operating margin | 9900 | €3,965 | €9,129 | +€5,163 | +130% |
| Operating profit (loss) | 9901 | -€25,634 | -€37,047 | -€11,412 | -44.5% |
| Financial income | 75/76B | €0 | €96 | +€96 | +961,400% |
| Recurring financial income | 75 | €0 | €96 | +€96 | +961,400% |
| Financial charges | 65/66B | €128 | €156 | +€28 | +21.6% |
| Recurring financial charges | 65 | €128 | €156 | +€28 | +21.6% |
| Profit (loss) for the period before taxes | 9903 | -€25,762 | -€37,106 | -€11,344 | -44.0% |
| Income taxes | 67/77 | €183 | €169 | -€14 | -7.6% |
| Profit (loss) for the period | 9904 | -€25,945 | -€37,275 | -€11,330 | -43.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€25,945 | -€37,275 | -€11,330 | -43.7% |
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 6 November 2026 via checked.be.