METAALWERKEN DE SCHUTTER: 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.
METAALWERKEN DE SCHUTTER
Largest movements
- Cash -€17,015
down €17,015 (-43.5%), from €39,130 to €22,114
mainly Debts after one year (-€7,694) and Other debts (-€7,547)
- Tangible fixed assets -€10,725
down €10,725 (-78.1%), from €13,733 to €3,008
of which Leasing and similar rights: -€9,423
- Receivables within one year +€6,849
up €6,849 (+95.9%), from €7,143 to €13,993
of which Trade receivables: +€5,473
- Debts after one year -€7,694
no longer reported in 2025 (was €7,694)
- Other debts -€7,547
down €7,547 (-26.6%), from €28,422 to €20,874
- Profit (loss) carried forward -€4,877
down €4,877 (-75.6%), from €6,448 to €1,570
- Trade debts -€1,312
down €1,312 (-38.2%), from €3,435 to €2,123
- Turnover -€34,473
down €34,473 (-28.5%), from €120,948 to €86,476
- Gross operating margin -€21,855
down €21,855 (-68.5%), from €31,885 to €10,030
- Purchases and services -€12,617
down €12,617 (-14.2%), from €89,063 to €76,446
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 | €75,650 | €54,908 | -€20,742 | -27.4% |
| Fixed assets | 21/28 | €18,383 | €7,658 | -€10,725 | -58.3% |
| Tangible fixed assets | 22/27 | €13,733 | €3,008 | -€10,725 | -78.1% |
| Plant, machinery and equipment | 23 | €3,702 | €3,008 | -€694 | -18.7% |
| Furniture and vehicles | 24 | €608 | €0 | -€608 | -100% |
| Leasing and similar rights | 25 | €9,423 | €0 | -€9,423 | -100% |
| Financial fixed assets | 28 | €4,650 | €4,650 | = | 0.0% |
| Current assets | 29/58 | €57,268 | €47,250 | -€10,017 | -17.5% |
| Stocks and contracts in progress | 3 | €10,001 | €10,001 | = | 0.0% |
| Stocks | 30/36 | €10,001 | €10,001 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €7,143 | €13,993 | +€6,849 | +95.9% |
| Trade receivables | 40 | €5,710 | €11,183 | +€5,473 | +95.8% |
| Other amounts receivable | 41 | €1,433 | €2,810 | +€1,377 | +96.1% |
| Cash at bank and in hand | 54/58 | €39,130 | €22,114 | -€17,015 | -43.5% |
| Deferred charges and accrued income | 490/1 | €994 | €1,142 | +€148 | +14.9% |
| Total equity and liabilities | 10/49 | €75,650 | €54,908 | -€20,742 | -27.4% |
| Equity | 10/15 | €28,448 | €23,570 | -€4,877 | -17.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,448 | €1,570 | -€4,877 | -75.6% |
| Amounts payable | 17/49 | €47,203 | €31,338 | -€15,865 | -33.6% |
| Amounts payable after more than one year | 17 | €7,694 | - | -€7,694 | |
| Financial debts | 170/4 | €7,694 | - | -€7,694 | |
| Amounts payable within one year | 42/48 | €39,509 | €31,338 | -€8,171 | -20.7% |
| Current portion of amounts payable after more than one year | 42 | €7,652 | €8,340 | +€688 | +9.0% |
| Trade debts | 44 | €3,435 | €2,123 | -€1,312 | -38.2% |
| Suppliers | 440/4 | €3,435 | €2,123 | -€1,312 | -38.2% |
| Other amounts payable | 47/48 | €28,422 | €20,874 | -€7,547 | -26.6% |
| Turnover | 70 | €120,948 | €86,476 | -€34,473 | -28.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €89,063 | €76,446 | -€12,617 | -14.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,603 | €10,725 | +€122 | +1.1% |
| Other operating charges | 640/8 | €2,604 | €2,752 | +€148 | +5.7% |
| Gross operating margin | 9900 | €31,885 | €10,030 | -€21,855 | -68.5% |
| Operating profit (loss) | 9901 | €18,677 | -€3,448 | -€22,125 | |
| Financial income | 75/76B | €13 | €7 | -€6 | -45.1% |
| Recurring financial income | 75 | €13 | €7 | -€6 | -45.1% |
| Financial charges | 65/66B | €964 | €717 | -€247 | -25.6% |
| Recurring financial charges | 65 | €964 | €717 | -€247 | -25.6% |
| Profit (loss) for the period before taxes | 9903 | €17,726 | -€4,158 | -€21,884 | |
| Income taxes | 67/77 | €1,508 | €720 | -€788 | -52.3% |
| Profit (loss) for the period | 9904 | €16,218 | -€4,877 | -€21,096 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,218 | -€4,877 | -€21,096 |
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 21 October 2026 via checked.be.