JSV METALEN: 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.
JSV METALEN
Largest movements
- Tangible fixed assets -€211,704
down €211,704 (-16.8%), from €1.3m to €1.1m
of which Plant, machinery and equipment: -€109,566
- Receivables within one year +€161,291
up €161,291 (+115%), from €140,548 to €301,838
of which Trade receivables: +€161,215
- Cash +€49,668
up €49,668 (+32.3%), from €153,919 to €203,587
mainly Depreciation (+€167,342) and Tax, wage and social debts (+€50,417)
- Profit (loss) carried forward -€131,222
down €131,222 (-22.4%), from -€586,654 to -€717,876
- Tax, wage and social debts +€50,417
up €50,417 (+200%), from €25,239 to €75,655
of which Taxes: +€38,628
- Accrued charges and deferred income +€45,860
up €45,860 (+9,480%), from €484 to €46,344
- Trade debts +€25,720
up €25,720 (+17.1%), from €150,152 to €175,872
- Gross operating margin +€266,556
up €266,556, from -€64,149 to €202,407
- Staff costs +€68,434
up €68,434 (+128%), from €53,395 to €121,829
- Financial charges +€31,942
up €31,942 (+481%), from €6,645 to €38,587
- Depreciation -€26,956
down €26,956 (-13.9%), from €194,298 to €167,342
From the 2024 result to the 2025 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 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,659,757 | €1,650,470 | -€9,287 | -0.6% |
| Fixed assets | 21/28 | €1,263,491 | €1,051,788 | -€211,704 | -16.8% |
| Tangible fixed assets | 22/27 | €1,263,491 | €1,051,788 | -€211,704 | -16.8% |
| Plant, machinery and equipment | 23 | €1,146,889 | €1,037,323 | -€109,566 | -9.6% |
| Furniture and vehicles | 24 | €111,358 | €9,795 | -€101,563 | -91.2% |
| Other tangible fixed assets | 26 | €5,244 | €4,670 | -€574 | -10.9% |
| Current assets | 29/58 | €396,265 | €598,682 | +€202,417 | +51.1% |
| Amounts receivable after more than one year | 29 | - | €0 | = | |
| Other amounts receivable | 291 | - | €0 | = | |
| Stocks and contracts in progress | 3 | €90,527 | €87,653 | -€2,874 | -3.2% |
| Stocks | 30/36 | €90,527 | €87,653 | -€2,874 | -3.2% |
| Amounts receivable within one year | 40/41 | €140,548 | €301,838 | +€161,291 | +115% |
| Trade receivables | 40 | €140,378 | €301,594 | +€161,215 | +115% |
| Other amounts receivable | 41 | €169 | €245 | +€75 | +44.4% |
| Cash at bank and in hand | 54/58 | €153,919 | €203,587 | +€49,668 | +32.3% |
| Deferred charges and accrued income | 490/1 | €11,272 | €5,604 | -€5,668 | -50.3% |
| Total equity and liabilities | 10/49 | €1,659,757 | €1,650,470 | -€9,287 | -0.6% |
| Equity | 10/15 | €413,346 | €282,124 | -€131,222 | -31.7% |
| Contributions | 10/11 | €1,000,000 | €1,000,000 | = | 0.0% |
| Capital | 10 | €1,000,000 | €1,000,000 | = | 0.0% |
| Issued capital | 100 | €1,000,000 | €1,000,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€586,654 | -€717,876 | -€131,222 | -22.4% |
| Amounts payable | 17/49 | €1,246,411 | €1,368,346 | +€121,935 | +9.8% |
| Amounts payable after more than one year | 17 | €1,070,000 | €1,070,000 | = | 0.0% |
| Financial debts | 170/4 | €1,070,000 | €1,070,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €175,927 | €252,002 | +€76,075 | +43.2% |
| Trade debts | 44 | €150,152 | €175,872 | +€25,720 | +17.1% |
| Suppliers | 440/4 | €150,152 | €175,872 | +€25,720 | +17.1% |
| Taxes, remuneration and social security | 45 | €25,239 | €75,655 | +€50,417 | +200% |
| Taxes | 450/3 | €19,172 | €57,800 | +€38,628 | +201% |
| Remuneration and social security | 454/9 | €6,067 | €17,855 | +€11,789 | +194% |
| Other amounts payable | 47/48 | €536 | €475 | -€61 | -11.4% |
| Accrued charges and deferred income | 492/3 | €484 | €46,344 | +€45,860 | +9,480% |
| Non-recurring operating income | 76A | - | €20,776 | +€20,776 | |
| Remuneration, social security and pensions | 62 | €53,395 | €121,829 | +€68,434 | +128% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €194,298 | €167,342 | -€26,956 | -13.9% |
| Other operating charges | 640/8 | €4,591 | €6,595 | +€2,004 | +43.6% |
| Gross operating margin | 9900 | -€64,149 | €202,407 | +€266,556 | |
| Operating profit (loss) | 9901 | -€316,433 | -€93,359 | +€223,075 | +70.5% |
| Financial income | 75/76B | €0 | €724 | +€724 | |
| Recurring financial income | 75 | €0 | €724 | +€724 | |
| Financial charges | 65/66B | €6,645 | €38,587 | +€31,942 | +481% |
| Recurring financial charges | 65 | €6,645 | €38,587 | +€31,942 | +481% |
| Profit (loss) for the period before taxes | 9903 | -€323,078 | -€131,222 | +€191,856 | +59.4% |
| Profit (loss) for the period | 9904 | -€323,078 | -€131,222 | +€191,856 | +59.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€323,078 | -€131,222 | +€191,856 | +59.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.