EASY METAL: 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.
EASY METAL
Largest movements
- Tangible fixed assets +€72,152
up €72,152 (+59.3%), from €121,634 to €193,785
of which Assets under construction and advance payments: +€51,828
- Receivables within one year +€19,216
up €19,216 (+320%), from €6,007 to €25,222
of which Trade receivables: +€15,898
- Cash +€15,850
up €15,850 (+96.9%), from €16,363 to €32,213
mainly Other debts (+€96,000) and Trade debts (+€17,868)
- Other debts +€96,000
up €96,000 (+69.7%), from €137,710 to €233,710
- Trade debts +€17,868
up €17,868 (+932%), from €1,916 to €19,784
- Debts after one year -€5,702
down €5,702 (-16.0%), from €35,702 to €30,000
- Gross operating margin +€18,487
up €18,487, from -€15,759 to €2,729
- Purchases and services -€15,759
no longer reported in 2024 (was €15,759)
- Depreciation +€2,303
up €2,303 (+1,052%), from €219 to €2,522
- Staff costs -€714
no longer reported in 2024 (was €714)
- Financial charges -€440
down €440 (-62.6%), from €702 to €262
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €144,003 | €251,717 | +€107,714 | +74.8% |
| Fixed assets | 21/28 | €121,634 | €193,785 | +€72,152 | +59.3% |
| Tangible fixed assets | 22/27 | €121,634 | €193,785 | +€72,152 | +59.3% |
| Furniture and vehicles | 24 | €345 | €20,668 | +€20,323 | +5,891% |
| Assets under construction and advance payments | 27 | €121,289 | €173,117 | +€51,828 | +42.7% |
| Current assets | 29/58 | €22,370 | €57,932 | +€35,562 | +159% |
| Amounts receivable within one year | 40/41 | €6,007 | €25,222 | +€19,216 | +320% |
| Trade receivables | 40 | €3,549 | €19,447 | +€15,898 | +448% |
| Other amounts receivable | 41 | €2,458 | €5,776 | +€3,318 | +135% |
| Cash at bank and in hand | 54/58 | €16,363 | €32,213 | +€15,850 | +96.9% |
| Deferred charges and accrued income | 490/1 | - | €497 | +€497 | |
| Total equity and liabilities | 10/49 | €144,003 | €251,717 | +€107,714 | +74.8% |
| Equity | 10/15 | -€39,881 | -€39,937 | -€56 | -0.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€41,881 | -€41,937 | -€56 | -0.1% |
| Amounts payable | 17/49 | €183,885 | €291,654 | +€107,769 | +58.6% |
| Amounts payable after more than one year | 17 | €35,702 | €30,000 | -€5,702 | -16.0% |
| Financial debts | 170/4 | €35,702 | €30,000 | -€5,702 | -16.0% |
| Amounts payable within one year | 42/48 | €148,182 | €261,654 | +€113,472 | +76.6% |
| Current portion of amounts payable after more than one year | 42 | €6,099 | €5,702 | -€396 | -6.5% |
| Trade debts | 44 | €1,916 | €19,784 | +€17,868 | +932% |
| Suppliers | 440/4 | €1,916 | €19,784 | +€17,868 | +932% |
| Taxes, remuneration and social security | 45 | €2,457 | €2,457 | = | 0.0% |
| Taxes | 450/3 | €2,457 | €2,457 | = | 0.0% |
| Other amounts payable | 47/48 | €137,710 | €233,710 | +€96,000 | +69.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €15,759 | - | -€15,759 | |
| Remuneration, social security and pensions | 62 | €714 | - | -€714 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €219 | €2,522 | +€2,303 | +1,052% |
| Other operating charges | 640/8 | €384 | - | -€384 | |
| Gross operating margin | 9900 | -€15,759 | €2,729 | +€18,487 | |
| Operating profit (loss) | 9901 | -€17,076 | €207 | +€17,283 | |
| Financial charges | 65/66B | €702 | €262 | -€440 | -62.6% |
| Recurring financial charges | 65 | €702 | €262 | -€440 | -62.6% |
| Profit (loss) for the period before taxes | 9903 | -€17,778 | -€56 | +€17,722 | +99.7% |
| Profit (loss) for the period | 9904 | -€17,778 | -€56 | +€17,722 | +99.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,778 | -€56 | +€17,722 | +99.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.