GLOBAL METAL CORE: what changed
What changed
GLOBAL METAL CORE
NACE 66.210, Risk and damage evaluation
filed annual accounts (NBB)
Net result for the year
-€4,451
2023 · €7,526-€11,977
Equity
€63,348
2023 · €67,799-€4,451
Cash
€19,431
2023 · €121,035-€101,604
Balance sheet total
€972,687
2023 · €993,362-€20,675
Largest movements
Assets
- Cash -€101,604
down €101,604 (-83.9%), from €121,035 to €19,431
mainly Receivables within one year (-€63,090) and Investment in fixed assets (net) (-€19,681)
- Receivables within one year +€63,090
up €63,090 (+8.0%), from €788,702 to €851,792
of which Trade receivables: +€83,881
- Intangible fixed assets +€14,004
up €14,004 (+42.4%), from €33,051 to €47,055
Equity and liabilities
- Tax, wage and social debts -€16,224
down €16,224 (-74.3%), from €21,825 to €5,602
of which Taxes: -€16,224
Income statement
- Turnover -€143,899
down €143,899 (-53.4%), from €269,365 to €125,466
- Purchases and services -€127,724
down €127,724 (-48.5%), from €263,141 to €135,417
- Gross operating margin -€5,243
down €5,243 (-67.5%), from €7,764 to €2,521
- Other operating charges +€4,218
up €4,218, from €0 to €4,218
- Financial income -€4,203
down €4,203 (-100.0%), from €4,204 to €1
Change in the result, 2023 to 2024
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 2023
€7,526
Gross operating margin
-€5,243
Staff costs
+€340
Depreciation
-€1,135
Other operating charges
-€4,218
Financial income
-€4,203
Financial charges
+€640
Taxes
+€1,842
Result 2024
-€4,451
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€81,923
Investment
-€19,681
Financing
€0
Cash 2023
€121,035
From operations (derived)
-€81,923
Net result for the year
-€4,451
Depreciation
+€1,841
Receivables within one year
-€63,090
Tax, wage and social debts
-€16,224
Investment (derived)
-€19,681
Investment in fixed assets (net)
-€19,681
Cash 2024
€19,431
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €993,362 | €972,687 | -€20,675 | -2.1% |
| Fixed assets | 21/28 | €36,016 | €53,856 | +€17,840 | +49.5% |
| Intangible fixed assets | 21 | €33,051 | €47,055 | +€14,004 | +42.4% |
| Tangible fixed assets | 22/27 | €2,257 | €6,093 | +€3,836 | +170% |
| Plant, machinery and equipment | 23 | €2,257 | €1,551 | -€706 | -31.3% |
| Furniture and vehicles | 24 | - | €4,542 | +€4,542 | |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Financial fixed assets | 28 | €708 | €708 | = | 0.0% |
| Current assets | 29/58 | €957,346 | €918,831 | -€38,514 | -4.0% |
| Amounts receivable after more than one year | 29 | €40,000 | €40,000 | = | 0.0% |
| Trade receivables | 290 | €40,000 | €40,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €788,702 | €851,792 | +€63,090 | +8.0% |
| Trade receivables | 40 | €357,762 | €441,643 | +€83,881 | +23.4% |
| Other amounts receivable | 41 | €430,940 | €410,149 | -€20,791 | -4.8% |
| Current investments | 50/53 | €7,000 | €7,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €121,035 | €19,431 | -€101,604 | -83.9% |
| Deferred charges and accrued income | 490/1 | €609 | €609 | = | 0.0% |
| Total equity and liabilities | 10/49 | €993,362 | €972,687 | -€20,675 | -2.1% |
| Equity | 10/15 | €67,799 | €63,348 | -€4,451 | -6.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €47,339 | €42,888 | -€4,451 | -9.4% |
| Amounts payable | 17/49 | €925,563 | €909,339 | -€16,224 | -1.8% |
| Amounts payable within one year | 42/48 | €898,797 | €882,574 | -€16,224 | -1.8% |
| Trade debts | 44 | €0 | €0 | = | |
| Advances received on contracts in progress | 46 | €864,776 | €864,776 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €21,825 | €5,602 | -€16,224 | -74.3% |
| Taxes | 450/3 | €21,825 | €5,602 | -€16,224 | -74.3% |
| Remuneration and social security | 454/9 | - | €0 | = | |
| Other amounts payable | 47/48 | €12,196 | €12,196 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €26,765 | €26,765 | = | 0.0% |
| Turnover | 70 | €269,365 | €125,466 | -€143,899 | -53.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €263,141 | €135,417 | -€127,724 | -48.5% |
| Remuneration, social security and pensions | 62 | €340 | €0 | -€340 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €706 | €1,841 | +€1,135 | +161% |
| Other operating charges | 640/8 | €0 | €4,218 | +€4,218 | |
| Gross operating margin | 9900 | €7,764 | €2,521 | -€5,243 | -67.5% |
| Operating profit (loss) | 9901 | €6,718 | -€3,539 | -€10,257 | |
| Financial income | 75/76B | €4,204 | €1 | -€4,203 | -100.0% |
| Recurring financial income | 75 | €4,204 | €1 | -€4,203 | -100.0% |
| Financial charges | 65/66B | €1,206 | €566 | -€640 | -53.1% |
| Recurring financial charges | 65 | €1,206 | €566 | -€640 | -53.1% |
| Profit (loss) for the period before taxes | 9903 | €9,715 | -€4,104 | -€13,819 | |
| Income taxes | 67/77 | €2,189 | €347 | -€1,842 | -84.1% |
| Profit (loss) for the period | 9904 | €7,526 | -€4,451 | -€11,977 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,526 | -€4,451 | -€11,977 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.