METAALCONSTRUCTIES RAVEYDTS: 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.
METAALCONSTRUCTIES RAVEYDTS
Largest movements
- Tangible fixed assets +€200,741
up €200,741 (+89.5%), from €224,228 to €424,970
of which Land and buildings: +€262,854
- Cash -€131,152
down €131,152 (-7.3%), from €1.8m to €1.7m
mainly Investment in fixed assets (net) (-€281,217) and Trade debts (-€36,443)
- Reserves +€106,085
up €106,085 (+4.9%), from €2.2m to €2.3m
- Trade debts -€36,443
down €36,443 (-33.0%), from €110,315 to €73,871
- Other debts -€29,520
down €29,520 (-25.9%), from €114,179 to €84,659
- Gross operating margin -€85,822
down €85,822 (-12.7%), from €673,551 to €587,729
- Taxes -€64,593
down €64,593 (-68.0%), from €94,996 to €30,402
- Staff costs +€42,603
up €42,603 (+13.7%), from €309,877 to €352,480
- Other operating charges +€33,156
up €33,156 (+651%), from €5,091 to €38,247
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 | €2,458,901 | €2,496,303 | +€37,402 | +1.5% |
| Fixed assets | 21/28 | €224,228 | €424,970 | +€200,741 | +89.5% |
| Tangible fixed assets | 22/27 | €224,228 | €424,970 | +€200,741 | +89.5% |
| Land and buildings | 22 | - | €262,854 | +€262,854 | |
| Plant, machinery and equipment | 23 | €68,098 | €50,511 | -€17,587 | -25.8% |
| Furniture and vehicles | 24 | €121,584 | €88,368 | -€33,216 | -27.3% |
| Leasing and similar rights | 25 | €34,546 | €23,236 | -€11,310 | -32.7% |
| Current assets | 29/58 | €2,234,672 | €2,071,333 | -€163,339 | -7.3% |
| Stocks and contracts in progress | 3 | €244,296 | €258,874 | +€14,578 | +6.0% |
| Stocks | 30/36 | €244,296 | €258,874 | +€14,578 | +6.0% |
| Amounts receivable within one year | 40/41 | €160,820 | €136,411 | -€24,409 | -15.2% |
| Trade receivables | 40 | €133,156 | €134,554 | +€1,399 | +1.1% |
| Other amounts receivable | 41 | €27,664 | €1,857 | -€25,807 | -93.3% |
| Cash at bank and in hand | 54/58 | €1,802,082 | €1,670,930 | -€131,152 | -7.3% |
| Deferred charges and accrued income | 490/1 | €27,475 | €5,118 | -€22,357 | -81.4% |
| Total equity and liabilities | 10/49 | €2,458,901 | €2,496,303 | +€37,402 | +1.5% |
| Equity | 10/15 | €2,201,358 | €2,307,443 | +€106,085 | +4.8% |
| Contributions | 10/11 | €18,900 | €18,900 | = | 0.0% |
| Reserves | 13 | €2,182,458 | €2,288,543 | +€106,085 | +4.9% |
| Distributable reserves | 133 | €2,182,458 | €2,288,543 | +€106,085 | +4.9% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €257,542 | €188,860 | -€68,683 | -26.7% |
| Amounts payable within one year | 42/48 | €257,542 | €185,352 | -€72,190 | -28.0% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €110,315 | €73,871 | -€36,443 | -33.0% |
| Suppliers | 440/4 | €110,315 | €73,871 | -€36,443 | -33.0% |
| Taxes, remuneration and social security | 45 | €33,048 | €26,821 | -€6,227 | -18.8% |
| Taxes | 450/3 | €18,845 | €12,152 | -€6,693 | -35.5% |
| Remuneration and social security | 454/9 | €14,203 | €14,669 | +€466 | +3.3% |
| Other amounts payable | 47/48 | €114,179 | €84,659 | -€29,520 | -25.9% |
| Accrued charges and deferred income | 492/3 | - | €3,508 | +€3,508 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €309,877 | €352,480 | +€42,603 | +13.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €73,882 | €80,476 | +€6,593 | +8.9% |
| Other operating charges | 640/8 | €5,091 | €38,247 | +€33,156 | +651% |
| Gross operating margin | 9900 | €673,551 | €587,729 | -€85,822 | -12.7% |
| Operating profit (loss) | 9901 | €284,701 | €116,526 | -€168,175 | -59.1% |
| Financial income | 75/76B | €24,153 | €20,752 | -€3,401 | -14.1% |
| Recurring financial income | 75 | €24,153 | €20,752 | -€3,401 | -14.1% |
| Financial charges | 65/66B | €1,065 | €792 | -€273 | -25.6% |
| Recurring financial charges | 65 | €1,065 | €792 | -€273 | -25.6% |
| Profit (loss) for the period before taxes | 9903 | €307,789 | €136,487 | -€171,303 | -55.7% |
| Income taxes | 67/77 | €94,996 | €30,402 | -€64,593 | -68.0% |
| Profit (loss) for the period | 9904 | €212,794 | €106,085 | -€106,709 | -50.1% |
| Profit (loss) for the period to be appropriated | 9905 | €212,794 | €106,085 | -€106,709 | -50.1% |
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 25 October 2026 via checked.be.