METAALPUNT: 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.
What changed
METAALPUNT
NACE 25.110, Manufacture of metal structures and parts of structures
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€17,307
2024 · €4,023+€13,284
Equity
€2.2m
2024 · €2.2m+€17,307
Cash
€2,157
2024 · €4,192-€2,035
Balance sheet total
€2.2m
2024 · €2.2m+€10,427
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
No liability line moved by more than 1% of the balance sheet total.
Income statement
- Gross operating margin +€13,779
up €13,779 (+191%), from €7,221 to €21,001
- Write-downs +€1,404
new in 2025: €1,404
- Taxes -€687
down €687 (-50.5%), from €1,361 to €674
- Depreciation -€268
down €268 (-100%), from €268 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.
Result 2024
€4,023
Gross operating margin
+€13,779
Depreciation
+€268
Write-downs
-€1,404
Other operating charges
-€46
Financial income
+€0
Financial charges
-€1
Taxes
+€687
Result 2025
€17,307
raises the resultlowers the result
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.
From operations
-€2,039
Investment
+€4
Financing
€0
Cash 2024
€4,192
From operations (derived)
-€2,039
Net result for the year
+€17,307
Receivables within one year
-€12,445
Deferred charges and accrued income
-€21
Trade debts
-€1,546
Tax, wage and social debts
-€6,570
Other debts
+€1,235
Investment (derived)
+€4
Current investments
+€4
Cash 2025
€2,157
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,215,053 | €2,225,480 | +€10,427 | +0.5% |
| Fixed assets | 21/28 | €3,594 | €3,594 | = | 0.0% |
| Tangible fixed assets | 22/27 | €3,594 | €3,594 | = | 0.0% |
| Land and buildings | 22 | €3,594 | €3,594 | = | 0.0% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Current assets | 29/58 | €2,211,459 | €2,221,886 | +€10,427 | +0.5% |
| Amounts receivable within one year | 40/41 | €2,206,677 | €2,219,122 | +€12,445 | +0.6% |
| Trade receivables | 40 | €3,550 | €15,995 | +€12,445 | +351% |
| Other amounts receivable | 41 | €2,203,126 | €2,203,126 | = | 0.0% |
| Current investments | 50/53 | €232 | €228 | -€4 | -1.7% |
| Cash at bank and in hand | 54/58 | €4,192 | €2,157 | -€2,035 | -48.5% |
| Deferred charges and accrued income | 490/1 | €358 | €379 | +€21 | +6.0% |
| Total equity and liabilities | 10/49 | €2,215,053 | €2,225,480 | +€10,427 | +0.5% |
| Equity | 10/15 | €2,164,358 | €2,181,665 | +€17,307 | +0.8% |
| Contributions | 10/11 | €1,463,024 | €1,463,024 | = | 0.0% |
| Capital | 10 | €1,463,024 | €1,463,024 | = | 0.0% |
| Issued capital | 100 | €1,463,024 | €1,463,024 | = | 0.0% |
| Reserves | 13 | €15,447 | €16,312 | +€865 | +5.6% |
| Non-distributable reserves | 130/1 | €15,447 | €16,312 | +€865 | +5.6% |
| Legal reserve | 130 | €7,638 | €8,503 | +€865 | +11.3% |
| Other | 1319 | €7,809 | €7,809 | = | 0.0% |
| Profit (loss) carried forward | 14 | €685,888 | €702,329 | +€16,441 | +2.4% |
| Amounts payable | 17/49 | €50,695 | €43,815 | -€6,880 | -13.6% |
| Amounts payable within one year | 42/48 | €50,695 | €43,815 | -€6,880 | -13.6% |
| Trade debts | 44 | €24,694 | €23,148 | -€1,546 | -6.3% |
| Suppliers | 440/4 | €24,694 | €23,148 | -€1,546 | -6.3% |
| Taxes, remuneration and social security | 45 | €8,457 | €1,887 | -€6,570 | -77.7% |
| Taxes | 450/3 | €8,457 | €1,887 | -€6,570 | -77.7% |
| Other amounts payable | 47/48 | €17,544 | €18,780 | +€1,235 | +7.0% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €268 | €0 | -€268 | -100% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,404 | +€1,404 | |
| Other operating charges | 640/8 | €1,436 | €1,483 | +€46 | +3.2% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €7,221 | €21,001 | +€13,779 | +191% |
| Operating profit (loss) | 9901 | €5,517 | €18,115 | +€12,598 | +228% |
| Financial income | 75/76B | €1 | €1 | +€0 | +41.0% |
| Recurring financial income | 75 | €1 | €1 | +€0 | +41.0% |
| Financial charges | 65/66B | €135 | €135 | +€1 | +0.6% |
| Recurring financial charges | 65 | €135 | €135 | +€1 | +0.6% |
| Profit (loss) for the period before taxes | 9903 | €5,383 | €17,981 | +€12,598 | +234% |
| Transfer from deferred taxes | 780 | €0 | - | = | |
| Income taxes | 67/77 | €1,361 | €674 | -€687 | -50.5% |
| Profit (loss) for the period | 9904 | €4,023 | €17,307 | +€13,284 | +330% |
| Transfer from tax-exempt reserves | 789 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €4,023 | €17,307 | +€13,284 | +330% |
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 17 October 2026 via checked.be.