METAALCONSTRUCTIE VANACKEN: 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.
METAALCONSTRUCTIE VANACKEN
Largest movements
- Cash -€52,071
down €52,071 (-42.8%), from €121,596 to €69,525
mainly Net result for the year (-€53,592) and Investment in fixed assets (net) (-€29,750)
- Tangible fixed assets -€17,235
down €17,235 (-11.4%), from €151,553 to €134,318
of which Leasing and similar rights: -€137,174
- Stocks and contracts +€13,626
up €13,626 (+20.6%), from €66,173 to €79,799
- Receivables within one year +€5,096
up €5,096 (+7.9%), from €64,233 to €69,329
of which Trade receivables: +€12,708
- Profit (loss) carried forward -€53,592
down €53,592 (-55.3%), from -€96,887 to -€150,479
- Other operating charges -€119,407
down €119,407 (-96.1%), from €124,233 to €4,826
- Gross operating margin -€42,054
down €42,054 (-98.8%), from €42,584 to €531
- Depreciation +€14,373
up €14,373 (+44.1%), from €32,612 to €46,985
- Staff costs -€2,626
down €2,626 (-71.5%), from €3,671 to €1,045
- Write-downs -€1,720
down €1,720 (-100%), from €1,720 to €0
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 | €403,555 | €352,971 | -€50,584 | -12.5% |
| Fixed assets | 21/28 | €151,553 | €134,318 | -€17,235 | -11.4% |
| Tangible fixed assets | 22/27 | €151,553 | €134,318 | -€17,235 | -11.4% |
| Plant, machinery and equipment | 23 | €14,379 | €34,556 | +€20,177 | +140% |
| Furniture and vehicles | 24 | - | €99,762 | +€99,762 | |
| Leasing and similar rights | 25 | €137,174 | - | -€137,174 | |
| Current assets | 29/58 | €252,001 | €218,652 | -€33,349 | -13.2% |
| Stocks and contracts in progress | 3 | €66,173 | €79,799 | +€13,626 | +20.6% |
| Stocks | 30/36 | €66,173 | €79,799 | +€13,626 | +20.6% |
| Amounts receivable within one year | 40/41 | €64,233 | €69,329 | +€5,096 | +7.9% |
| Trade receivables | 40 | €48,701 | €61,409 | +€12,708 | +26.1% |
| Other amounts receivable | 41 | €15,532 | €7,920 | -€7,612 | -49.0% |
| Cash at bank and in hand | 54/58 | €121,596 | €69,525 | -€52,071 | -42.8% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €403,555 | €352,971 | -€50,584 | -12.5% |
| Equity | 10/15 | €354,275 | €300,683 | -€53,592 | -15.1% |
| Contributions | 10/11 | €401,988 | €401,988 | = | 0.0% |
| Reserves | 13 | €49,174 | €49,174 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,742 | - | -€6,742 | |
| Reserves not available under the articles | 1311 | €6,742 | - | -€6,742 | |
| Distributable reserves | 133 | €42,432 | €49,174 | +€6,742 | +15.9% |
| Profit (loss) carried forward | 14 | -€96,887 | -€150,479 | -€53,592 | -55.3% |
| Amounts payable | 17/49 | €49,280 | €52,287 | +€3,008 | +6.1% |
| Amounts payable within one year | 42/48 | €49,280 | €52,287 | +€3,008 | +6.1% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €3,844 | €2,627 | -€1,217 | -31.7% |
| Suppliers | 440/4 | €3,844 | €2,627 | -€1,217 | -31.7% |
| Taxes, remuneration and social security | 45 | €10,144 | €12,621 | +€2,476 | +24.4% |
| Taxes | 450/3 | €7,544 | €10,021 | +€2,476 | +32.8% |
| Remuneration and social security | 454/9 | €2,600 | €2,600 | = | 0.0% |
| Other amounts payable | 47/48 | €35,291 | €37,040 | +€1,749 | +5.0% |
| Remuneration, social security and pensions | 62 | €3,671 | €1,045 | -€2,626 | -71.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,612 | €46,985 | +€14,373 | +44.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,720 | €0 | -€1,720 | -100% |
| Other operating charges | 640/8 | €124,233 | €4,826 | -€119,407 | -96.1% |
| Gross operating margin | 9900 | €42,584 | €531 | -€42,054 | -98.8% |
| Operating profit (loss) | 9901 | -€119,651 | -€52,325 | +€67,327 | +56.3% |
| Financial income | 75/76B | €2,874 | €1,910 | -€964 | -33.5% |
| Recurring financial income | 75 | €2,874 | €1,910 | -€964 | -33.5% |
| Financial charges | 65/66B | €2,794 | €2,499 | -€296 | -10.6% |
| Recurring financial charges | 65 | €2,794 | €2,499 | -€296 | -10.6% |
| Profit (loss) for the period before taxes | 9903 | -€119,572 | -€52,913 | +€66,659 | +55.7% |
| Income taxes | 67/77 | €518 | €679 | +€161 | +31.1% |
| Profit (loss) for the period | 9904 | -€120,090 | -€53,592 | +€66,498 | +55.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€120,090 | -€53,592 | +€66,498 | +55.4% |
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 14 October 2026 via checked.be.