EURO - REGISTER: what changed
What changed
EURO - REGISTER
NACE 25.210, Manufacture of fabricated metal products, except machinery and equipment
filed annual accounts (NBB)
Net result for the year
€32,455
2024 · €4,521+€27,934
Equity
€945,342
2024 · €912,887+€32,455
Cash
€448,803
2024 · €230,140+€218,663
Balance sheet total
€6.9m
2024 · €7.7m-€823,021
Largest movements
Assets
- Receivables within one year -€573,349
down €573,349 (-29.0%), from €2.0m to €1.4m
of which Trade receivables: -€533,797
- Tangible fixed assets -€300,910
down €300,910 (-6.7%), from €4.5m to €4.2m
of which Land and buildings: -€163,894
- Cash +€218,663
up €218,663 (+95.0%), from €230,140 to €448,803
mainly Depreciation (+€625,380) and Receivables within one year (+€573,349)
- Stocks and contracts -€167,425
down €167,425 (-16.8%), from €994,235 to €826,810
Equity and liabilities
- Trade debts -€665,296
down €665,296 (-39.2%), from €1.7m to €1.0m
- Tax, wage and social debts -€191,006
down €191,006 (-21.3%), from €897,978 to €706,972
of which Remuneration and social security: -€146,786
Income statement
- Turnover -€906,057
down €906,057 (-10.3%), from €8.8m to €7.9m
- Staff costs -€610,803
down €610,803 (-15.8%), from €3.9m to €3.3m
- Goods and materials -€481,079
down €481,079 (-17.3%), from €2.8m to €2.3m
of which Purchases: -€384,569
- Services and other goods +€473,829
up €473,829 (+34.5%), from €1.4m to €1.8m
- Depreciation +€110,836
up €110,836 (+21.5%), from €514,544 to €625,380
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.
Result 2024
€4,521
Turnover
-€906,057
Other operating income
-€11,350
Goods and materials
+€481,079
Services and other goods
-€473,829
Staff costs
+€610,803
Depreciation
-€110,836
Write-downs
-€100,023
Provisions
-€18,183
Other operating charges
+€34,568
Other operating items
+€497,870
Financial income
+€12
Financial charges
+€910
Taxes
+€22,970
Result 2025
€32,455
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€543,133
Investment
-€324,470
Financing
€0
Cash 2024
€230,140
From operations (derived)
+€543,133
Net result for the year
+€32,455
Depreciation
+€625,380
Stocks and contracts
+€167,425
Receivables within one year
+€573,349
Provisions
-€11,774
Trade debts
-€665,296
Tax, wage and social debts
-€191,006
Other debts
+€12,600
Investment (derived)
-€324,470
Investment in fixed assets (net)
-€324,470
Cash 2025
€448,803
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,721,046 | €6,898,025 | -€823,021 | -10.7% |
| Fixed assets | 21/28 | €4,517,060 | €4,216,150 | -€300,910 | -6.7% |
| Tangible fixed assets | 22/27 | €4,517,060 | €4,216,150 | -€300,910 | -6.7% |
| Land and buildings | 22 | €1,611,430 | €1,447,536 | -€163,894 | -10.2% |
| Plant, machinery and equipment | 23 | €2,773,448 | €2,716,289 | -€57,159 | -2.1% |
| Furniture and vehicles | 24 | €3,329 | €17,694 | +€14,365 | +432% |
| Assets under construction and advance payments | 27 | €128,853 | €34,631 | -€94,222 | -73.1% |
| Current assets | 29/58 | €3,203,986 | €2,681,875 | -€522,111 | -16.3% |
| Stocks and contracts in progress | 3 | €994,235 | €826,810 | -€167,425 | -16.8% |
| Stocks | 30/36 | €994,235 | €826,810 | -€167,425 | -16.8% |
| Raw materials and consumables | 30/31 | €774,714 | €583,196 | -€191,518 | -24.7% |
| Work in progress | 32 | €208,753 | €177,951 | -€30,802 | -14.8% |
| Finished goods | 33 | €10,768 | €65,663 | +€54,895 | +510% |
| Amounts receivable within one year | 40/41 | €1,979,611 | €1,406,262 | -€573,349 | -29.0% |
| Trade receivables | 40 | €1,887,179 | €1,353,382 | -€533,797 | -28.3% |
| Other amounts receivable | 41 | €92,432 | €52,880 | -€39,552 | -42.8% |
| Cash at bank and in hand | 54/58 | €230,140 | €448,803 | +€218,663 | +95.0% |
| Total equity and liabilities | 10/49 | €7,721,046 | €6,898,025 | -€823,021 | -10.7% |
| Equity | 10/15 | €912,887 | €945,342 | +€32,455 | +3.6% |
| Contributions | 10/11 | €1,750,000 | €1,750,000 | = | 0.0% |
| Capital | 10 | €1,750,000 | €1,750,000 | = | 0.0% |
| Issued capital | 100 | €1,750,000 | €1,750,000 | = | 0.0% |
| Reserves | 13 | €11,574 | €11,574 | = | 0.0% |
| Non-distributable reserves | 130/1 | €11,574 | €11,574 | = | 0.0% |
| Legal reserve | 130 | €11,574 | €11,574 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€848,687 | -€816,232 | +€32,455 | +3.8% |
| Provisions and deferred taxes | 16 | €22,656 | €10,882 | -€11,774 | -52.0% |
| Provisions for liabilities and charges | 160/5 | €22,656 | €10,882 | -€11,774 | -52.0% |
| Pensions and similar obligations | 160 | €22,656 | €10,882 | -€11,774 | -52.0% |
| Amounts payable | 17/49 | €6,785,503 | €5,941,801 | -€843,702 | -12.4% |
| Amounts payable within one year | 42/48 | €6,785,503 | €5,941,801 | -€843,702 | -12.4% |
| Trade debts | 44 | €1,696,355 | €1,031,059 | -€665,296 | -39.2% |
| Suppliers | 440/4 | €1,696,355 | €1,031,059 | -€665,296 | -39.2% |
| Taxes, remuneration and social security | 45 | €897,978 | €706,972 | -€191,006 | -21.3% |
| Taxes | 450/3 | €87,020 | €42,800 | -€44,220 | -50.8% |
| Remuneration and social security | 454/9 | €810,958 | €664,172 | -€146,786 | -18.1% |
| Other amounts payable | 47/48 | €4,191,170 | €4,203,770 | +€12,600 | +0.3% |
| Accrued charges and deferred income | 492/3 | €0 | €0 | = | |
| Operating income | 70/76A | €8,877,250 | €8,457,713 | -€419,537 | -4.7% |
| Turnover | 70 | €8,833,902 | €7,927,845 | -€906,057 | -10.3% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | -€95,378 | €24,093 | +€119,471 | |
| Other operating income | 74 | €138,726 | €127,376 | -€11,350 | -8.2% |
| Non-recurring operating income | 76A | - | €378,399 | +€378,399 | |
| Operating charges | 60/66A | €8,623,498 | €8,199,919 | -€423,579 | -4.9% |
| Goods for resale, raw materials and consumables | 60 | €2,779,113 | €2,298,034 | -€481,079 | -17.3% |
| Purchases | 600/8 | €2,613,762 | €2,229,193 | -€384,569 | -14.7% |
| Change in stocks: decrease (increase) | 609 | €165,351 | €68,841 | -€96,510 | -58.4% |
| Services and other goods | 61 | €1,373,121 | €1,846,950 | +€473,829 | +34.5% |
| Remuneration, social security and pensions | 62 | €3,869,796 | €3,258,993 | -€610,803 | -15.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €514,544 | €625,380 | +€110,836 | +21.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €22,654 | €122,677 | +€100,023 | +442% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€29,957 | -€11,774 | +€18,183 | +60.7% |
| Other operating charges | 640/8 | €94,227 | €59,659 | -€34,568 | -36.7% |
| Operating profit (loss) | 9901 | €253,752 | €257,794 | +€4,042 | +1.6% |
| Financial income | 75/76B | €0 | €12 | +€12 | |
| Recurring financial income | 75 | €0 | €12 | +€12 | |
| Other financial income | 752/9 | €0 | €12 | +€12 | |
| Financial charges | 65/66B | €190,961 | €190,051 | -€910 | -0.5% |
| Recurring financial charges | 65 | €190,961 | €190,051 | -€910 | -0.5% |
| Debt charges | 650 | €179,726 | €185,418 | +€5,692 | +3.2% |
| Other financial charges | 652/9 | €11,235 | €4,633 | -€6,602 | -58.8% |
| Profit (loss) for the period before taxes | 9903 | €62,791 | €67,755 | +€4,964 | +7.9% |
| Income taxes | 67/77 | €58,270 | €35,300 | -€22,970 | -39.4% |
| Taxes | 670/3 | €58,270 | €35,300 | -€22,970 | -39.4% |
| Profit (loss) for the period | 9904 | €4,521 | €32,455 | +€27,934 | +618% |
| Profit (loss) for the period to be appropriated | 9905 | €4,521 | €32,455 | +€27,934 | +618% |
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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 8 November 2026 via checked.be.