METAALCONSTRUCTIE MISPELON NOEL: what changed
METAALCONSTRUCTIE MISPELON NOEL
Largest movements
- Cash +€132,704
up €132,704 (+26.1%), from €508,187 to €640,891
mainly Net result for the year (+€96,171) and Depreciation (+€29,627)
- Tangible fixed assets -€29,627
down €29,627 (-24.4%), from €121,591 to €91,964
of which Plant, machinery and equipment: -€25,868
- Receivables within one year -€24,687
down €24,687 (-31.2%), from €79,250 to €54,563
of which Trade receivables: -€24,701
- Reserves +€96,171
up €96,171 (+22.7%), from €424,066 to €520,236
- Other debts -€35,086
down €35,086 (-9.2%), from €379,786 to €344,699
- Tax, wage and social debts +€28,401
up €28,401 (+97.3%), from €29,182 to €57,584
of which Taxes: +€30,225
- Gross operating margin +€100,553
up €100,553 (+65.7%), from €153,079 to €253,632
- Taxes +€39,308
up €39,308 (+484%), from €8,120 to €47,428
- Financial charges -€8,628
down €8,628 (-41.2%), from €20,960 to €12,332
- Staff costs -€5,281
down €5,281 (-8.2%), from €64,198 to €58,917
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €888,298 | €975,026 | +€86,727 | +9.8% |
| Fixed assets | 21/28 | €122,009 | €92,381 | -€29,627 | -24.3% |
| Tangible fixed assets | 22/27 | €121,591 | €91,964 | -€29,627 | -24.4% |
| Land and buildings | 22 | €31,813 | €28,054 | -€3,759 | -11.8% |
| Plant, machinery and equipment | 23 | €89,778 | €63,910 | -€25,868 | -28.8% |
| Financial fixed assets | 28 | €418 | €418 | = | 0.0% |
| Current assets | 29/58 | €766,290 | €882,644 | +€116,354 | +15.2% |
| Stocks and contracts in progress | 3 | €178,853 | €187,190 | +€8,337 | +4.7% |
| Stocks | 30/36 | €178,853 | €187,190 | +€8,337 | +4.7% |
| Amounts receivable within one year | 40/41 | €79,250 | €54,563 | -€24,687 | -31.2% |
| Trade receivables | 40 | €77,252 | €52,551 | -€24,701 | -32.0% |
| Other amounts receivable | 41 | €1,998 | €2,012 | +€14 | +0.7% |
| Cash at bank and in hand | 54/58 | €508,187 | €640,891 | +€132,704 | +26.1% |
| Total equity and liabilities | 10/49 | €888,298 | €975,026 | +€86,727 | +9.8% |
| Equity | 10/15 | €473,644 | €569,815 | +€96,171 | +20.3% |
| Contributions | 10/11 | €49,579 | €49,579 | = | 0.0% |
| Reserves | 13 | €424,066 | €520,236 | +€96,171 | +22.7% |
| Distributable reserves | 133 | €424,066 | €520,236 | +€96,171 | +22.7% |
| Amounts payable | 17/49 | €414,654 | €405,211 | -€9,444 | -2.3% |
| Amounts payable within one year | 42/48 | €414,654 | €405,211 | -€9,444 | -2.3% |
| Trade debts | 44 | €5,686 | €2,928 | -€2,759 | -48.5% |
| Suppliers | 440/4 | €5,686 | €2,928 | -€2,759 | -48.5% |
| Taxes, remuneration and social security | 45 | €29,182 | €57,584 | +€28,401 | +97.3% |
| Taxes | 450/3 | €13,437 | €43,662 | +€30,225 | +225% |
| Remuneration and social security | 454/9 | €15,745 | €13,921 | -€1,823 | -11.6% |
| Other amounts payable | 47/48 | €379,786 | €344,699 | -€35,086 | -9.2% |
| Remuneration, social security and pensions | 62 | €64,198 | €58,917 | -€5,281 | -8.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,157 | €29,627 | -€530 | -1.8% |
| Other operating charges | 640/8 | €9,473 | €10,242 | +€769 | +8.1% |
| Gross operating margin | 9900 | €153,079 | €253,632 | +€100,553 | +65.7% |
| Operating profit (loss) | 9901 | €49,252 | €154,847 | +€105,595 | +214% |
| Financial income | 75/76B | €457 | €1,083 | +€627 | +137% |
| Recurring financial income | 75 | €457 | €1,083 | +€627 | +137% |
| Financial charges | 65/66B | €20,960 | €12,332 | -€8,628 | -41.2% |
| Recurring financial charges | 65 | €20,960 | €12,332 | -€8,628 | -41.2% |
| Profit (loss) for the period before taxes | 9903 | €28,748 | €143,599 | +€114,850 | +400% |
| Income taxes | 67/77 | €8,120 | €47,428 | +€39,308 | +484% |
| Profit (loss) for the period | 9904 | €20,629 | €96,171 | +€75,542 | +366% |
| Profit (loss) for the period to be appropriated | 9905 | €20,629 | €96,171 | +€75,542 | +366% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.