GV METAUX: what changed
GV METAUX
Largest movements
- Stocks and contracts +€27,265
new in 2025: €27,265
- Receivables within one year +€2,693
up €2,693 (+76.1%), from €3,539 to €6,232
- Cash +€1,108
up €1,108 (+1,259%), from €88 to €1,196
mainly Other debts (+€32,523) and Depreciation (+€189)
- Other debts +€32,523
up €32,523 (+547%), from €5,947 to €38,470
- Profit (loss) carried forward -€1,280
down €1,280 (-6.0%), from -€21,228 to -€22,508
- Gross operating margin +€1,675
up €1,675, from -€888 to €787
- Depreciation -€1,434
down €1,434 (-88.4%), from €1,623 to €189
- Financial charges -€496
down €496 (-21.8%), from €2,274 to €1,778
- Taxes -€121
no longer reported in 2025 (was €121)
- Other operating charges +€100
new in 2025: €100
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 | €4,562 | €35,441 | +€30,879 | +677% |
| Fixed assets | 21/28 | €567 | €378 | -€189 | -33.3% |
| Tangible fixed assets | 22/27 | €567 | €378 | -€189 | -33.3% |
| Plant, machinery and equipment | 23 | €503 | €378 | -€125 | -24.9% |
| Furniture and vehicles | 24 | €64 | - | -€64 | |
| Current assets | 29/58 | €3,995 | €35,063 | +€31,068 | +778% |
| Stocks and contracts in progress | 3 | - | €27,265 | +€27,265 | |
| Stocks | 30/36 | - | €27,265 | +€27,265 | |
| Amounts receivable within one year | 40/41 | €3,539 | €6,232 | +€2,693 | +76.1% |
| Other amounts receivable | 41 | €3,539 | €6,232 | +€2,693 | +76.1% |
| Cash at bank and in hand | 54/58 | €88 | €1,196 | +€1,108 | +1,259% |
| Deferred charges and accrued income | 490/1 | €368 | €370 | +€2 | +0.5% |
| Total equity and liabilities | 10/49 | €4,562 | €35,441 | +€30,879 | +677% |
| Equity | 10/15 | -€1,893 | -€3,173 | -€1,280 | -67.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €735 | €735 | = | 0.0% |
| Non-distributable reserves | 130/1 | €735 | €735 | = | 0.0% |
| Reserves not available under the articles | 1311 | €735 | €735 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€21,228 | -€22,508 | -€1,280 | -6.0% |
| Amounts payable | 17/49 | €6,455 | €38,614 | +€32,159 | +498% |
| Amounts payable within one year | 42/48 | €6,455 | €38,614 | +€32,159 | +498% |
| Trade debts | 44 | €387 | €144 | -€243 | -62.8% |
| Suppliers | 440/4 | €387 | €144 | -€243 | -62.8% |
| Taxes, remuneration and social security | 45 | €121 | - | -€121 | |
| Taxes | 450/3 | €121 | - | -€121 | |
| Other amounts payable | 47/48 | €5,947 | €38,470 | +€32,523 | +547% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,623 | €189 | -€1,434 | -88.4% |
| Other operating charges | 640/8 | - | €100 | +€100 | |
| Gross operating margin | 9900 | -€888 | €787 | +€1,675 | |
| Operating profit (loss) | 9901 | -€2,511 | €498 | +€3,009 | |
| Financial charges | 65/66B | €2,274 | €1,778 | -€496 | -21.8% |
| Recurring financial charges | 65 | €2,274 | €1,778 | -€496 | -21.8% |
| Profit (loss) for the period before taxes | 9903 | -€4,785 | -€1,280 | +€3,505 | +73.2% |
| Income taxes | 67/77 | €121 | - | -€121 | |
| Profit (loss) for the period | 9904 | -€4,906 | -€1,280 | +€3,626 | +73.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,906 | -€1,280 | +€3,626 | +73.9% |
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 4 November 2026 via checked.be.