LS METAL CONCEPT: 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.
LS METAL CONCEPT
Largest movements
- Tangible fixed assets -€23,442
down €23,442 (-44.4%), from €52,771 to €29,328
of which Furniture and vehicles: -€19,162
- Cash -€8,145
down €8,145 (-88.9%), from €9,167 to €1,022
mainly Trade debts (-€25,309) and Net result for the year (-€11,570)
- Stocks and contracts -€5,306
down €5,306 (-50.0%), from €10,620 to €5,314
- Receivables within one year -€3,204
down €3,204 (-4.5%), from €71,116 to €67,912
of which Other amounts receivable: -€4,405
- Trade debts -€25,309
down €25,309 (-62.8%), from €40,274 to €14,964
- Reserves -€11,570
down €11,570 (-21.9%), from €52,883 to €41,312
of which Distributable reserves: -€11,570
- Debts after one year -€4,715
down €4,715 (-26.3%), from €17,960 to €13,245
- Gross operating margin -€46,737
down €46,737 (-85.4%), from €54,714 to €7,977
- Taxes -€12,004
down €12,004 (-93.7%), from €12,806 to €802
- Depreciation -€7,809
down €7,809 (-50.0%), from €15,607 to €7,798
- Financial charges +€3,157
up €3,157 (+271%), from €1,164 to €4,320
- Staff costs +€1,123
up €1,123 (+30.2%), from €3,714 to €4,837
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 | €143,674 | €103,576 | -€40,098 | -27.9% |
| Fixed assets | 21/28 | €52,771 | €29,328 | -€23,442 | -44.4% |
| Tangible fixed assets | 22/27 | €52,771 | €29,328 | -€23,442 | -44.4% |
| Land and buildings | 22 | €22,861 | €18,581 | -€4,280 | -18.7% |
| Furniture and vehicles | 24 | €29,910 | €10,747 | -€19,162 | -64.1% |
| Current assets | 29/58 | €90,903 | €74,248 | -€16,656 | -18.3% |
| Stocks and contracts in progress | 3 | €10,620 | €5,314 | -€5,306 | -50.0% |
| Stocks | 30/36 | €10,620 | €5,314 | -€5,306 | -50.0% |
| Amounts receivable within one year | 40/41 | €71,116 | €67,912 | -€3,204 | -4.5% |
| Trade receivables | 40 | €66,711 | €67,912 | +€1,201 | +1.8% |
| Other amounts receivable | 41 | €4,405 | - | -€4,405 | |
| Cash at bank and in hand | 54/58 | €9,167 | €1,022 | -€8,145 | -88.9% |
| Total equity and liabilities | 10/49 | €143,674 | €103,576 | -€40,098 | -27.9% |
| Equity | 10/15 | €71,483 | €59,912 | -€11,570 | -16.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €52,883 | €41,312 | -€11,570 | -21.9% |
| Non-distributable reserves | 130/1 | €317 | €317 | = | 0.0% |
| Reserves not available under the articles | 1311 | €317 | €317 | = | 0.0% |
| Distributable reserves | 133 | €52,565 | €40,995 | -€11,570 | -22.0% |
| Amounts payable | 17/49 | €72,191 | €43,664 | -€28,528 | -39.5% |
| Amounts payable after more than one year | 17 | €17,960 | €13,245 | -€4,715 | -26.3% |
| Financial debts | 170/4 | €17,960 | €13,245 | -€4,715 | -26.3% |
| Amounts payable within one year | 42/48 | €54,231 | €30,419 | -€23,812 | -43.9% |
| Current portion of amounts payable after more than one year | 42 | €4,520 | €4,520 | = | 0.0% |
| Trade debts | 44 | €40,274 | €14,964 | -€25,309 | -62.8% |
| Suppliers | 440/4 | €40,274 | €14,964 | -€25,309 | -62.8% |
| Taxes, remuneration and social security | 45 | €2,833 | €3,548 | +€714 | +25.2% |
| Taxes | 450/3 | €1,333 | €3,548 | +€2,214 | +166% |
| Remuneration and social security | 454/9 | €1,500 | - | -€1,500 | |
| Other amounts payable | 47/48 | €6,604 | €7,387 | +€783 | +11.8% |
| Remuneration, social security and pensions | 62 | €3,714 | €4,837 | +€1,123 | +30.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,607 | €7,798 | -€7,809 | -50.0% |
| Other operating charges | 640/8 | €2,278 | €1,916 | -€361 | -15.9% |
| Gross operating margin | 9900 | €54,714 | €7,977 | -€46,737 | -85.4% |
| Operating profit (loss) | 9901 | €33,115 | -€6,574 | -€39,689 | |
| Financial income | 75/76B | €49 | €126 | +€77 | +158% |
| Recurring financial income | 75 | €49 | €126 | +€77 | +158% |
| Financial charges | 65/66B | €1,164 | €4,320 | +€3,157 | +271% |
| Recurring financial charges | 65 | €1,164 | €4,320 | +€3,157 | +271% |
| Profit (loss) for the period before taxes | 9903 | €32,001 | -€10,769 | -€42,769 | |
| Income taxes | 67/77 | €12,806 | €802 | -€12,004 | -93.7% |
| Profit (loss) for the period | 9904 | €19,195 | -€11,570 | -€30,765 | |
| Profit (loss) for the period to be appropriated | 9905 | €19,195 | -€11,570 | -€30,765 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.