IMMO 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.
IMMO METAL
Largest movements
- Stocks and contracts +€182,352
up €182,352 (+36.6%), from €498,900 to €681,252
- Receivables within one year +€46,984
up €46,984 (+23.1%), from €203,433 to €250,417
of which Other amounts receivable: +€42,208
- Tangible fixed assets -€36,426
down €36,426 (-9.8%), from €371,874 to €335,448
of which Furniture and vehicles: -€19,342
- Cash -€13,555
down €13,555 (-36.4%), from €37,239 to €23,684
mainly Stocks and contracts (-€182,352) and Net result for the year (-€154,906)
- Profit (loss) carried forward -€154,907
down €154,907 (-118%), from -€131,820 to -€286,727
- Current portion of long-term debt +€128,208
up €128,208 (+19.2%), from €668,323 to €796,531
- Other debts +€123,472
up €123,472 (+478%), from €25,807 to €149,279
- Trade debts +€66,743
up €66,743 (+26.9%), from €247,676 to €314,419
- Tax, wage and social debts +€26,291
up €26,291 (+154%), from €17,079 to €43,370
of which Taxes: +€35,113
- Gross operating margin +€97,387
up €97,387 (+67.6%), from -€144,108 to -€46,721
- Staff costs -€54,733
down €54,733 (-80.2%), from €68,246 to €13,513
- Financial charges +€38,678
up €38,678 (+8,390%), from €461 to €39,139
- Other operating charges +€5,387
up €5,387 (+39.7%), from €13,574 to €18,961
- Depreciation -€1,959
down €1,959 (-5.1%), from €38,456 to €36,497
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 | €1,118,652 | €1,297,936 | +€179,284 | +16.0% |
| Fixed assets | 21/28 | €372,446 | €335,948 | -€36,498 | -9.8% |
| Intangible fixed assets | 21 | €72 | - | -€72 | |
| Tangible fixed assets | 22/27 | €371,874 | €335,448 | -€36,426 | -9.8% |
| Land and buildings | 22 | €340,440 | €323,357 | -€17,083 | -5.0% |
| Furniture and vehicles | 24 | €31,433 | €12,091 | -€19,342 | -61.5% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €746,207 | €961,988 | +€215,781 | +28.9% |
| Stocks and contracts in progress | 3 | €498,900 | €681,252 | +€182,352 | +36.6% |
| Stocks | 30/36 | €498,900 | €681,252 | +€182,352 | +36.6% |
| Amounts receivable within one year | 40/41 | €203,433 | €250,417 | +€46,984 | +23.1% |
| Trade receivables | 40 | €90,275 | €95,051 | +€4,776 | +5.3% |
| Other amounts receivable | 41 | €113,159 | €155,367 | +€42,208 | +37.3% |
| Cash at bank and in hand | 54/58 | €37,239 | €23,684 | -€13,555 | -36.4% |
| Deferred charges and accrued income | 490/1 | €6,635 | €6,635 | -€0 | 0.0% |
| Total equity and liabilities | 10/49 | €1,118,652 | €1,297,936 | +€179,284 | +16.0% |
| Equity | 10/15 | €149,244 | -€5,662 | -€154,906 | |
| Contributions | 10/11 | €44,738 | €44,738 | +€0 | 0.0% |
| Reserves | 13 | €236,326 | €236,326 | -€0 | 0.0% |
| Non-distributable reserves | 130/1 | €4,474 | €4,474 | -€0 | 0.0% |
| Reserves not available under the articles | 1311 | €4,474 | €4,474 | -€0 | 0.0% |
| Tax-exempt reserves | 132 | €13,191 | €13,191 | -€0 | 0.0% |
| Distributable reserves | 133 | €218,661 | €218,661 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | -€131,820 | -€286,727 | -€154,907 | -118% |
| Amounts payable | 17/49 | €969,408 | €1,303,599 | +€334,191 | +34.5% |
| Amounts payable after more than one year | 17 | €10,523 | - | -€10,523 | |
| Financial debts | 170/4 | €10,523 | - | -€10,523 | |
| Amounts payable within one year | 42/48 | €958,886 | €1,303,599 | +€344,713 | +35.9% |
| Current portion of amounts payable after more than one year | 42 | €668,323 | €796,531 | +€128,208 | +19.2% |
| Trade debts | 44 | €247,676 | €314,419 | +€66,743 | +26.9% |
| Suppliers | 440/4 | €247,676 | €314,419 | +€66,743 | +26.9% |
| Taxes, remuneration and social security | 45 | €17,079 | €43,370 | +€26,291 | +154% |
| Taxes | 450/3 | €1,847 | €36,960 | +€35,113 | +1,901% |
| Remuneration and social security | 454/9 | €15,232 | €6,410 | -€8,822 | -57.9% |
| Other amounts payable | 47/48 | €25,807 | €149,279 | +€123,472 | +478% |
| Remuneration, social security and pensions | 62 | €68,246 | €13,513 | -€54,733 | -80.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,456 | €36,497 | -€1,959 | -5.1% |
| Other operating charges | 640/8 | €13,574 | €18,961 | +€5,387 | +39.7% |
| Non-recurring operating charges | 66A | €252 | €75 | -€177 | -70.2% |
| Gross operating margin | 9900 | -€144,108 | -€46,721 | +€97,387 | +67.6% |
| Operating profit (loss) | 9901 | -€264,636 | -€115,768 | +€148,868 | +56.3% |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €461 | €39,139 | +€38,678 | +8,390% |
| Recurring financial charges | 65 | €461 | €39,139 | +€38,678 | +8,390% |
| Profit (loss) for the period before taxes | 9903 | -€265,097 | -€154,906 | +€110,191 | +41.6% |
| Income taxes | 67/77 | €0 | €0 | +€0 | |
| Profit (loss) for the period | 9904 | -€265,097 | -€154,906 | +€110,191 | +41.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€265,097 | -€154,906 | +€110,191 | +41.6% |
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 14 October 2026 via checked.be.