EXTRUMAT: what changed
What changed
EXTRUMAT
NACE 25.401, Forging of metal
filed annual accounts (NBB)
Net result for the year
-€50,131
2024 · -€49,526-€605
Equity
€924,694
2024 · €974,825-€50,131
Cash
-
not filed
Balance sheet total
€1.2m
2024 · €1.2m+€43,704
Largest movements
Assets
- Receivables within one year +€84,688
up €84,688 (+16.9%), from €502,273 to €586,961
of which Other amounts receivable: +€116,138
- Tangible fixed assets -€25,611
down €25,611 (-42.9%), from €59,691 to €34,080
of which Plant, machinery and equipment: -€18,685
- Stocks and contracts -€13,490
down €13,490 (-14.1%), from €95,383 to €81,893
Equity and liabilities
- Advances received +€68,825
up €68,825 (+151%), from €45,608 to €114,433
- Profit (loss) carried forward -€50,131
down €50,131, from €34,369 to -€15,762
- Tax, wage and social debts +€14,634
up €14,634 (+15.1%), from €97,066 to €111,700
of which Taxes: +€11,824
Income statement
- Gross operating margin -€386,392
down €386,392 (-39.4%), from €980,691 to €594,299
- Staff costs -€272,942
down €272,942 (-30.7%), from €889,159 to €616,217
- Depreciation -€25,974
down €25,974 (-44.3%), from €58,637 to €32,663
- Other operating charges -€12,158
down €12,158 (-34.1%), from €35,616 to €23,458
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
-€49,526
Gross operating margin
-€386,392
Staff costs
+€272,942
Depreciation
+€25,974
Other operating charges
+€12,158
Other operating items
+€83,266
Financial income
-€8,851
Financial charges
+€933
Taxes
-€635
Result 2025
-€50,131
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts. So the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,167,915 | €1,211,619 | +€43,704 | +3.7% |
| Fixed assets | 21/28 | €59,891 | €34,280 | -€25,611 | -42.8% |
| Tangible fixed assets | 22/27 | €59,691 | €34,080 | -€25,611 | -42.9% |
| Plant, machinery and equipment | 23 | €37,560 | €18,875 | -€18,685 | -49.7% |
| Furniture and vehicles | 24 | €13,799 | €8,702 | -€5,097 | -36.9% |
| Leasing and similar rights | 25 | €8,332 | €6,503 | -€1,829 | -22.0% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €1,108,024 | €1,177,339 | +€69,315 | +6.3% |
| Amounts receivable after more than one year | 29 | €500,000 | €500,000 | = | 0.0% |
| Other amounts receivable | 291 | €500,000 | €500,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €95,383 | €81,893 | -€13,490 | -14.1% |
| Stocks | 30/36 | €95,383 | €81,893 | -€13,490 | -14.1% |
| Amounts receivable within one year | 40/41 | €502,273 | €586,961 | +€84,688 | +16.9% |
| Trade receivables | 40 | €458,226 | €426,776 | -€31,450 | -6.9% |
| Other amounts receivable | 41 | €44,047 | €160,185 | +€116,138 | +264% |
| Deferred charges and accrued income | 490/1 | €10,368 | €8,485 | -€1,883 | -18.2% |
| Total equity and liabilities | 10/49 | €1,167,915 | €1,211,619 | +€43,704 | +3.7% |
| Equity | 10/15 | €974,825 | €924,694 | -€50,131 | -5.1% |
| Contributions | 10/11 | €500,000 | €500,000 | = | 0.0% |
| Capital | 10 | €500,000 | €500,000 | = | 0.0% |
| Issued capital | 100 | €500,000 | €500,000 | = | 0.0% |
| Reserves | 13 | €440,456 | €440,456 | = | 0.0% |
| Non-distributable reserves | 130/1 | €50,000 | €50,000 | = | 0.0% |
| Legal reserve | 130 | €50,000 | €50,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €456 | €456 | = | 0.0% |
| Distributable reserves | 133 | €390,000 | €390,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,369 | -€15,762 | -€50,131 | |
| Amounts payable | 17/49 | €193,090 | €286,925 | +€93,835 | +48.6% |
| Amounts payable within one year | 42/48 | €188,569 | €273,080 | +€84,511 | +44.8% |
| Trade debts | 44 | €45,895 | €46,947 | +€1,052 | +2.3% |
| Suppliers | 440/4 | €45,895 | €46,947 | +€1,052 | +2.3% |
| Advances received on contracts in progress | 46 | €45,608 | €114,433 | +€68,825 | +151% |
| Taxes, remuneration and social security | 45 | €97,066 | €111,700 | +€14,634 | +15.1% |
| Taxes | 450/3 | €22,237 | €34,061 | +€11,824 | +53.2% |
| Remuneration and social security | 454/9 | €74,829 | €77,639 | +€2,810 | +3.8% |
| Accrued charges and deferred income | 492/3 | €4,521 | €13,845 | +€9,324 | +206% |
| Non-recurring operating income | 76A | €45,000 | €2,802 | -€42,198 | -93.8% |
| Remuneration, social security and pensions | 62 | €889,159 | €616,217 | -€272,942 | -30.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,637 | €32,663 | -€25,974 | -44.3% |
| Other operating charges | 640/8 | €35,616 | €23,458 | -€12,158 | -34.1% |
| Non-recurring operating charges | 66A | €83,266 | - | -€83,266 | |
| Gross operating margin | 9900 | €980,691 | €594,299 | -€386,392 | -39.4% |
| Operating profit (loss) | 9901 | -€85,987 | -€78,039 | +€7,948 | +9.2% |
| Financial income | 75/76B | €37,708 | €28,857 | -€8,851 | -23.5% |
| Recurring financial income | 75 | €37,708 | €28,857 | -€8,851 | -23.5% |
| Financial charges | 65/66B | €1,329 | €396 | -€933 | -70.2% |
| Recurring financial charges | 65 | €1,329 | €396 | -€933 | -70.2% |
| Profit (loss) for the period before taxes | 9903 | -€49,608 | -€49,578 | +€30 | +0.1% |
| Income taxes | 67/77 | -€82 | €553 | +€635 | |
| Profit (loss) for the period | 9904 | -€49,526 | -€50,131 | -€605 | -1.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€49,526 | -€50,131 | -€605 | -1.2% |
Next steps
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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 4 November 2026 via checked.be.