Metaalconstructies Steurbaut: 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 Steurbaut
Largest movements
- Receivables within one year -€13,151
down €13,151 (-15.4%), from €85,175 to €72,024
of which Other amounts receivable: -€13,852
- Cash +€2,966
up €2,966 (+19.6%), from €15,158 to €18,124
mainly Depreciation (+€17,080) and Receivables within one year (+€13,151)
- Reserves -€16,156
down €16,156 (-29.0%), from €55,738 to €39,582
of which Distributable reserves: -€14,296
- Trade debts -€6,338
down €6,338 (-41.6%), from €15,240 to €8,902
- Current portion of long-term debt -€5,729
down €5,729 (-38.0%), from €15,060 to €9,331
- Profit (loss) carried forward +€5,690
up €5,690, from -€5,690 to €0
- Debts after one year +€5,132
up €5,132 (+3.1%), from €164,382 to €169,514
- Gross operating margin +€1,218
up €1,218 (+3.3%), from €37,294 to €38,512
- Taxes +€875
up €875 (+37.0%), from €2,364 to €3,239
- Other operating charges -€630
down €630 (-36.4%), from €1,732 to €1,102
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 | €266,404 | €253,479 | -€12,925 | -4.9% |
| Fixed assets | 21/28 | €164,542 | €163,199 | -€1,343 | -0.8% |
| Intangible fixed assets | 21 | €4,000 | €3,000 | -€1,000 | -25.0% |
| Tangible fixed assets | 22/27 | €159,042 | €158,699 | -€343 | -0.2% |
| Land and buildings | 22 | €137,938 | €144,389 | +€6,451 | +4.7% |
| Plant, machinery and equipment | 23 | €6,729 | €5,135 | -€1,594 | -23.7% |
| Furniture and vehicles | 24 | €14,375 | €9,175 | -€5,200 | -36.2% |
| Financial fixed assets | 28 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €101,862 | €90,280 | -€11,582 | -11.4% |
| Amounts receivable within one year | 40/41 | €85,175 | €72,024 | -€13,151 | -15.4% |
| Trade receivables | 40 | €10,025 | €10,726 | +€701 | +7.0% |
| Other amounts receivable | 41 | €75,150 | €61,298 | -€13,852 | -18.4% |
| Cash at bank and in hand | 54/58 | €15,158 | €18,124 | +€2,966 | +19.6% |
| Deferred charges and accrued income | 490/1 | €1,528 | €131 | -€1,397 | -91.4% |
| Total equity and liabilities | 10/49 | €266,404 | €253,479 | -€12,925 | -4.9% |
| Equity | 10/15 | €62,448 | €51,982 | -€10,466 | -16.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €55,738 | €39,582 | -€16,156 | -29.0% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100% |
| Distributable reserves | 133 | €53,878 | €39,582 | -€14,296 | -26.5% |
| Profit (loss) carried forward | 14 | -€5,690 | €0 | +€5,690 | |
| Amounts payable | 17/49 | €203,956 | €201,497 | -€2,459 | -1.2% |
| Amounts payable after more than one year | 17 | €164,382 | €169,514 | +€5,132 | +3.1% |
| Financial debts | 170/4 | €164,382 | €169,514 | +€5,132 | +3.1% |
| Amounts payable within one year | 42/48 | €39,447 | €31,856 | -€7,591 | -19.2% |
| Current portion of amounts payable after more than one year | 42 | €15,060 | €9,331 | -€5,729 | -38.0% |
| Trade debts | 44 | €15,240 | €8,902 | -€6,338 | -41.6% |
| Suppliers | 440/4 | €15,240 | €8,902 | -€6,338 | -41.6% |
| Taxes, remuneration and social security | 45 | €8,096 | €11,523 | +€3,427 | +42.3% |
| Taxes | 450/3 | €8,096 | €11,523 | +€3,427 | +42.3% |
| Other amounts payable | 47/48 | €1,050 | €2,100 | +€1,050 | +100% |
| Accrued charges and deferred income | 492/3 | €127 | €127 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,758 | €17,080 | +€322 | +1.9% |
| Other operating charges | 640/8 | €1,732 | €1,102 | -€630 | -36.4% |
| Gross operating margin | 9900 | €37,294 | €38,512 | +€1,218 | +3.3% |
| Operating profit (loss) | 9901 | €18,804 | €20,329 | +€1,526 | +8.1% |
| Financial income | 75/76B | €1 | €16 | +€15 | +1,454% |
| Recurring financial income | 75 | €1 | €16 | +€15 | +1,454% |
| Financial charges | 65/66B | €6,478 | €6,726 | +€248 | +3.8% |
| Recurring financial charges | 65 | €6,478 | €6,726 | +€248 | +3.8% |
| Profit (loss) for the period before taxes | 9903 | €12,327 | €13,620 | +€1,293 | +10.5% |
| Income taxes | 67/77 | €2,364 | €3,239 | +€875 | +37.0% |
| Profit (loss) for the period | 9904 | €9,963 | €10,381 | +€418 | +4.2% |
| Profit (loss) for the period to be appropriated | 9905 | €9,963 | €10,381 | +€418 | +4.2% |
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 18 October 2026 via checked.be.