Metaalconstructie Mestdagh: 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.
Metaalconstructie Mestdagh
Largest movements
- Cash +€49,791
up €49,791 (+24.2%), from €206,138 to €255,929
mainly Net result for the year (+€80,737) and Other debts (+€59,124)
- Receivables within one year +€13,260
up €13,260 (+494.3%), from €2,683 to €15,942
of which Trade receivables: +€13,260
- Tangible fixed assets +€6,947
up €6,947 (+6.3%), from €110,860 to €117,807
of which Furniture and vehicles: +€33,575
- Other debts +€59,124
up €59,124 (+86.1%), from €68,637 to €127,761
- Reserves +€21,850
up €21,850 (+15.2%), from €144,147 to €165,997
of which Distributable reserves: +€14,373
- Debts after one year -€14,100
down €14,100 (-29.3%), from €48,175 to €34,075
- Accrued charges and deferred income +€5,256
up €5,256 (+101.0%), from €5,203 to €10,459
- Gross operating margin +€53,046
up €53,046 (+53.0%), from €100,084 to €153,130
- Taxes +€13,213
up €13,213 (+69.4%), from €19,034 to €32,247
- Depreciation -€2,912
down €2,912 (-9.6%), from €30,485 to €27,573
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 | €322,193 | €393,614 | +€71,421 | +22.2% |
| Fixed assets | 21/28 | €110,860 | €117,807 | +€6,947 | +6.3% |
| Tangible fixed assets | 22/27 | €110,860 | €117,807 | +€6,947 | +6.3% |
| Land and buildings | 22 | €109,756 | €83,507 | -€26,249 | -23.9% |
| Plant, machinery and equipment | 23 | €1,104 | €726 | -€378 | -34.3% |
| Furniture and vehicles | 24 | - | €33,575 | +€33,575 | |
| Current assets | 29/58 | €211,333 | €275,807 | +€64,474 | +30.5% |
| Amounts receivable within one year | 40/41 | €2,683 | €15,942 | +€13,260 | +494.3% |
| Trade receivables | 40 | €2,602 | €15,862 | +€13,260 | +509.5% |
| Other amounts receivable | 41 | €80 | €80 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €206,138 | €255,929 | +€49,791 | +24.2% |
| Deferred charges and accrued income | 490/1 | €2,512 | €3,935 | +€1,423 | +56.6% |
| Total equity and liabilities | 10/49 | €322,193 | €393,614 | +€71,421 | +22.2% |
| Equity | 10/15 | €162,747 | €184,597 | +€21,850 | +13.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €144,147 | €165,997 | +€21,850 | +15.2% |
| Tax-exempt reserves | 132 | - | €7,477 | +€7,477 | |
| Distributable reserves | 133 | €144,147 | €158,520 | +€14,373 | +10.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | - | €2,492 | +€2,492 | |
| Deferred taxes | 168 | - | €2,492 | +€2,492 | |
| Amounts payable | 17/49 | €159,446 | €206,525 | +€47,079 | +29.5% |
| Amounts payable after more than one year | 17 | €48,175 | €34,075 | -€14,100 | -29.3% |
| Financial debts | 170/4 | €48,175 | €34,075 | -€14,100 | -29.3% |
| Amounts payable within one year | 42/48 | €106,069 | €161,992 | +€55,923 | +52.7% |
| Current portion of amounts payable after more than one year | 42 | €15,275 | €15,275 | = | 0.0% |
| Trade debts | 44 | €3,932 | €4,559 | +€627 | +16.0% |
| Suppliers | 440/4 | €3,932 | €4,559 | +€627 | +16.0% |
| Taxes, remuneration and social security | 45 | €18,225 | €14,396 | -€3,828 | -21.0% |
| Taxes | 450/3 | €18,225 | €14,396 | -€3,828 | -21.0% |
| Other amounts payable | 47/48 | €68,637 | €127,761 | +€59,124 | +86.1% |
| Accrued charges and deferred income | 492/3 | €5,203 | €10,459 | +€5,256 | +101.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,485 | €27,573 | -€2,912 | -9.6% |
| Other operating charges | 640/8 | €4,420 | €4,435 | +€15 | +0.3% |
| Gross operating margin | 9900 | €100,084 | €153,130 | +€53,046 | +53.0% |
| Operating profit (loss) | 9901 | €65,180 | €121,122 | +€55,942 | +85.8% |
| Financial income | 75/76B | €977 | €2,202 | +€1,225 | +125.4% |
| Recurring financial income | 75 | €977 | €2,202 | +€1,225 | +125.4% |
| Financial charges | 65/66B | €7,259 | €7,848 | +€589 | +8.1% |
| Recurring financial charges | 65 | €7,259 | €7,848 | +€589 | +8.1% |
| Profit (loss) for the period before taxes | 9903 | €58,898 | €115,476 | +€56,578 | +96.1% |
| Transfer from deferred taxes | 780 | - | €70 | +€70 | |
| Transfer to deferred taxes | 680 | - | €2,563 | +€2,563 | |
| Income taxes | 67/77 | €19,034 | €32,247 | +€13,213 | +69.4% |
| Profit (loss) for the period | 9904 | €39,864 | €80,737 | +€40,873 | +102.5% |
| Transfer from tax-exempt reserves | 789 | - | €211 | +€211 | |
| Transfer to tax-exempt reserves | 689 | - | €7,688 | +€7,688 | |
| Profit (loss) for the period to be appropriated | 9905 | €39,864 | €73,260 | +€33,396 | +83.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.