Metaalbouw Devoldere: what changed
Two fiscal 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.
Metaalbouw Devoldere
Largest movements
- Receivables after one year +€580,000
new in 2025: €580,000
- Receivables within one year -€444,131
down €444,131 (-99.0%), from €448,743 to €4,612
of which Trade receivables: -€348,440
- Cash -€68,931
down €68,931 (-15.7%), from €439,822 to €370,891
mainly Receivables after one year (-€580,000) and Trade debts (-€11,875)
- Tangible fixed assets -€18,442
down €18,442 (-6.2%), from €295,535 to €277,093
of which Plant, machinery and equipment: -€18,442
- Reserves +€147,037
up €147,037 (+27.4%), from €536,514 to €683,551
of which Distributable reserves: +€150,416
- Profit (loss) carried forward -€92,131
no longer reported in 2025 (was €92,131)
- Tax, wage and social debts +€22,483
up €22,483 (+45.4%), from €49,508 to €71,991
of which Taxes: +€22,573
- Other operating charges -€79,662
down €79,662 (-73.6%), from €108,282 to €28,619
- Write-downs +€73,197
up €73,197 (+84.3%), from -€86,855 to -€13,657
- Staff costs +€34,635
up €34,635 (+12.1%), from €285,918 to €320,552
- Financial charges -€6,850
down €6,850 (-56.8%), from €12,065 to €5,215
- Gross operating margin +€5,854
up €5,854 (+1.4%), from €415,388 to €421,242
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.
Cash bridge derived
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 | €1,190,546 | €1,246,090 | +€55,544 | +4.7% |
| Fixed assets | 21/28 | €296,585 | €278,143 | -€18,442 | -6.2% |
| Tangible fixed assets | 22/27 | €295,535 | €277,093 | -€18,442 | -6.2% |
| Land and buildings | 22 | €235,330 | €235,330 | = | 0.0% |
| Plant, machinery and equipment | 23 | €60,205 | €41,763 | -€18,442 | -30.6% |
| Financial fixed assets | 28 | €1,050 | €1,050 | = | 0.0% |
| Current assets | 29/58 | €893,961 | €967,948 | +€73,987 | +8.3% |
| Amounts receivable after more than one year | 29 | - | €580,000 | +€580,000 | |
| Other amounts receivable | 291 | - | €580,000 | +€580,000 | |
| Amounts receivable within one year | 40/41 | €448,743 | €4,612 | -€444,131 | -99.0% |
| Trade receivables | 40 | €352,990 | €4,550 | -€348,440 | -98.7% |
| Other amounts receivable | 41 | €95,753 | €62 | -€95,692 | -99.9% |
| Cash at bank and in hand | 54/58 | €439,822 | €370,891 | -€68,931 | -15.7% |
| Deferred charges and accrued income | 490/1 | €5,395 | €12,445 | +€7,049 | +130.7% |
| Total equity and liabilities | 10/49 | €1,190,546 | €1,246,090 | +€55,544 | +4.7% |
| Equity | 10/15 | €858,443 | €913,349 | +€54,906 | +6.4% |
| Contributions | 10/11 | €229,798 | €229,798 | = | 0.0% |
| Capital | 10 | €229,798 | €229,798 | = | 0.0% |
| Issued capital | 100 | €229,798 | €229,798 | = | 0.0% |
| Reserves | 13 | €536,514 | €683,551 | +€147,037 | +27.4% |
| Non-distributable reserves | 130/1 | €389,981 | €389,981 | = | 0.0% |
| Legal reserve | 130 | €25,980 | €25,980 | = | 0.0% |
| Reserves not available under the articles | 1311 | €364,001 | €364,001 | = | 0.0% |
| Tax-exempt reserves | 132 | €121,220 | €117,840 | -€3,380 | -2.8% |
| Distributable reserves | 133 | €25,314 | €175,730 | +€150,416 | +594.2% |
| Profit (loss) carried forward | 14 | €92,131 | - | -€92,131 | |
| Provisions and deferred taxes | 16 | €5,221 | €3,481 | -€1,740 | -33.3% |
| Deferred taxes | 168 | €5,221 | €3,481 | -€1,740 | -33.3% |
| Amounts payable | 17/49 | €326,882 | €329,261 | +€2,379 | +0.7% |
| Amounts payable after more than one year | 17 | €32,606 | €21,427 | -€11,179 | -34.3% |
| Financial debts | 170/4 | €32,606 | €21,427 | -€11,179 | -34.3% |
| Amounts payable within one year | 42/48 | €294,276 | €307,834 | +€13,558 | +4.6% |
| Current portion of amounts payable after more than one year | 42 | €11,179 | €11,179 | = | 0.0% |
| Financial debts | 43 | €206,075 | €209,025 | +€2,950 | +1.4% |
| Credit institutions | 430/8 | €206,075 | €209,025 | +€2,950 | +1.4% |
| Trade debts | 44 | €27,513 | €15,638 | -€11,875 | -43.2% |
| Suppliers | 440/4 | €27,513 | €15,638 | -€11,875 | -43.2% |
| Taxes, remuneration and social security | 45 | €49,508 | €71,991 | +€22,483 | +45.4% |
| Taxes | 450/3 | €9,226 | €31,799 | +€22,573 | +244.7% |
| Remuneration and social security | 454/9 | €40,283 | €40,192 | -€90 | -0.2% |
| Remuneration, social security and pensions | 62 | €285,918 | €320,552 | +€34,635 | +12.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,022 | €18,442 | -€3,579 | -16.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€86,855 | -€13,657 | +€73,197 | +84.3% |
| Other operating charges | 640/8 | €108,282 | €28,619 | -€79,662 | -73.6% |
| Gross operating margin | 9900 | €415,388 | €421,242 | +€5,854 | +1.4% |
| Operating profit (loss) | 9901 | €86,022 | €67,285 | -€18,737 | -21.8% |
| Financial income | 75/76B | €1,985 | €6,650 | +€4,666 | +235.1% |
| Recurring financial income | 75 | €1,985 | €6,650 | +€4,666 | +235.1% |
| Financial charges | 65/66B | €12,065 | €5,215 | -€6,850 | -56.8% |
| Recurring financial charges | 65 | €12,065 | €5,215 | -€6,850 | -56.8% |
| Profit (loss) for the period before taxes | 9903 | €75,942 | €68,720 | -€7,221 | -9.5% |
| Transfer from deferred taxes | 780 | €1,740 | €1,740 | = | 0.0% |
| Income taxes | 67/77 | €20,661 | €15,555 | -€5,106 | -24.7% |
| Profit (loss) for the period | 9904 | €57,021 | €54,906 | -€2,115 | -3.7% |
| Transfer from tax-exempt reserves | 789 | €3,380 | €3,380 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €60,400 | €58,286 | -€2,115 | -3.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.