METAALCOMFORT: 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.
METAALCOMFORT
Largest movements
- Receivables within one year -€158,024
down €158,024 (-19.9%), from €794,207 to €636,183
of which Trade receivables: -€148,664
- Stocks and contracts +€106,763
up €106,763 (+21.4%), from €497,923 to €604,686
of which Stocks: +€177,169
- Tangible fixed assets -€58,106
down €58,106 (-9.6%), from €603,844 to €545,738
of which Plant, machinery and equipment: -€78,369
- Cash -€31,897
down €31,897 (-6.3%), from €504,555 to €472,659
mainly Investment in fixed assets (net) (-€149,218) and Stocks and contracts (-€106,763)
- Reserves -€94,993
down €94,993 (-7.6%), from €1.2m to €1.2m
- Debts after one year -€56,348
down €56,348 (-10.4%), from €542,578 to €486,230
- Trade debts -€46,824
down €46,824 (-11.4%), from €412,197 to €365,372
- Short-term financial debts +€26,411
new in 2025: €26,411
- Gross operating margin -€81,740
down €81,740 (-9.6%), from €853,847 to €772,107
- Staff costs +€56,184
up €56,184 (+9.9%), from €565,284 to €621,468
- Taxes -€15,165
no longer reported in 2025 (was €15,165)
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 | €2,513,363 | €2,361,044 | -€152,319 | -6.1% |
| Fixed assets | 21/28 | €607,746 | €545,995 | -€61,750 | -10.2% |
| Intangible fixed assets | 21 | €3,902 | €258 | -€3,644 | -93.4% |
| Tangible fixed assets | 22/27 | €603,844 | €545,738 | -€58,106 | -9.6% |
| Plant, machinery and equipment | 23 | €513,494 | €435,125 | -€78,369 | -15.3% |
| Furniture and vehicles | 24 | €90,350 | €110,613 | +€20,263 | +22.4% |
| Current assets | 29/58 | €1,905,618 | €1,815,049 | -€90,569 | -4.8% |
| Amounts receivable after more than one year | 29 | €23,996 | €7,790 | -€16,206 | -67.5% |
| Other amounts receivable | 291 | €23,996 | €7,790 | -€16,206 | -67.5% |
| Stocks and contracts in progress | 3 | €497,923 | €604,686 | +€106,763 | +21.4% |
| Stocks | 30/36 | €427,517 | €604,686 | +€177,169 | +41.4% |
| Contracts in progress | 37 | €70,406 | - | -€70,406 | |
| Amounts receivable within one year | 40/41 | €794,207 | €636,183 | -€158,024 | -19.9% |
| Trade receivables | 40 | €460,865 | €312,201 | -€148,664 | -32.3% |
| Other amounts receivable | 41 | €333,342 | €323,981 | -€9,360 | -2.8% |
| Cash at bank and in hand | 54/58 | €504,555 | €472,659 | -€31,897 | -6.3% |
| Deferred charges and accrued income | 490/1 | €84,938 | €93,732 | +€8,794 | +10.4% |
| Total equity and liabilities | 10/49 | €2,513,363 | €2,361,044 | -€152,319 | -6.1% |
| Equity | 10/15 | €1,257,280 | €1,162,287 | -€94,993 | -7.6% |
| Contributions | 10/11 | €12,116 | €12,116 | = | 0.0% |
| Reserves | 13 | €1,245,164 | €1,150,171 | -€94,993 | -7.6% |
| Distributable reserves | 133 | €1,245,164 | €1,150,171 | -€94,993 | -7.6% |
| Amounts payable | 17/49 | €1,256,083 | €1,198,757 | -€57,326 | -4.6% |
| Amounts payable after more than one year | 17 | €542,578 | €486,230 | -€56,348 | -10.4% |
| Financial debts | 170/4 | €542,578 | €486,230 | -€56,348 | -10.4% |
| Amounts payable within one year | 42/48 | €687,721 | €668,624 | -€19,097 | -2.8% |
| Current portion of amounts payable after more than one year | 42 | €177,117 | €168,956 | -€8,161 | -4.6% |
| Financial debts | 43 | - | €26,411 | +€26,411 | |
| Credit institutions | 430/8 | - | €26,411 | +€26,411 | |
| Trade debts | 44 | €412,197 | €365,372 | -€46,824 | -11.4% |
| Suppliers | 440/4 | €412,197 | €365,372 | -€46,824 | -11.4% |
| Taxes, remuneration and social security | 45 | €98,407 | €107,885 | +€9,477 | +9.6% |
| Taxes | 450/3 | €20,312 | €20,055 | -€257 | -1.3% |
| Remuneration and social security | 454/9 | €78,095 | €87,829 | +€9,734 | +12.5% |
| Accrued charges and deferred income | 492/3 | €25,784 | €43,903 | +€18,119 | +70.3% |
| Remuneration, social security and pensions | 62 | €565,284 | €621,468 | +€56,184 | +9.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €203,504 | €210,968 | +€7,464 | +3.7% |
| Other operating charges | 640/8 | €17,372 | €18,164 | +€792 | +4.6% |
| Gross operating margin | 9900 | €853,847 | €772,107 | -€81,740 | -9.6% |
| Operating profit (loss) | 9901 | €67,687 | -€78,493 | -€146,180 | |
| Financial income | 75/76B | €21,998 | €16,546 | -€5,451 | -24.8% |
| Recurring financial income | 75 | €21,998 | €16,546 | -€5,451 | -24.8% |
| Financial charges | 65/66B | €28,089 | €33,046 | +€4,957 | +17.6% |
| Recurring financial charges | 65 | €28,089 | €33,046 | +€4,957 | +17.6% |
| Profit (loss) for the period before taxes | 9903 | €61,596 | -€94,993 | -€156,588 | |
| Income taxes | 67/77 | €15,165 | - | -€15,165 | |
| Profit (loss) for the period | 9904 | €46,431 | -€94,993 | -€141,424 | |
| Profit (loss) for the period to be appropriated | 9905 | €46,431 | -€94,993 | -€141,424 |
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 24 October 2026 via checked.be.