METAL BELLEVUE: 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.
METAL BELLEVUE
Largest movements
- Receivables within one year +€46,018
up €46,018 (+112%), from €41,208 to €87,226
of which Trade receivables: +€44,015
- Tangible fixed assets -€3,292
down €3,292 (-41.8%), from €7,884 to €4,592
of which Plant, machinery and equipment: -€3,066
- Deferred charges and accrued income -€2,271
down €2,271 (-96.0%), from €2,365 to €94
- Profit (loss) carried forward +€15,541
up €15,541 (+141%), from €11,050 to €26,591
- Other debts +€12,000
new in 2025: €12,000
- Tax, wage and social debts +€8,216
up €8,216 (+2,662%), from €309 to €8,525
of which Taxes: +€4,844
- Trade debts +€7,051
up €7,051 (+287%), from €2,454 to €9,505
- Short-term financial debts -€2,503
down €2,503 (-11.5%), from €21,757 to €19,254
of which Credit institutions: -€21,757
- Gross operating margin +€20,249
up €20,249 (+49.1%), from €41,274 to €61,523
- Staff costs +€7,658
up €7,658 (+39.4%), from €19,437 to €27,095
- Financial charges +€5,841
up €5,841 (+180%), from €3,248 to €9,089
- Taxes +€4,379
new in 2025: €4,379
- Other operating charges +€1,685
up €1,685 (+242%), from €695 to €2,380
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 | €54,170 | €94,474 | +€40,304 | +74.4% |
| Fixed assets | 21/28 | €8,317 | €5,025 | -€3,292 | -39.6% |
| Tangible fixed assets | 22/27 | €7,884 | €4,592 | -€3,292 | -41.8% |
| Plant, machinery and equipment | 23 | €7,658 | €4,592 | -€3,066 | -40.0% |
| Furniture and vehicles | 24 | €226 | - | -€226 | |
| Financial fixed assets | 28 | €433 | €433 | = | 0.0% |
| Current assets | 29/58 | €45,853 | €89,450 | +€43,597 | +95.1% |
| Amounts receivable within one year | 40/41 | €41,208 | €87,226 | +€46,018 | +112% |
| Trade receivables | 40 | €31,922 | €75,937 | +€44,015 | +138% |
| Other amounts receivable | 41 | €9,286 | €11,289 | +€2,003 | +21.6% |
| Cash at bank and in hand | 54/58 | €2,280 | €2,130 | -€150 | -6.6% |
| Deferred charges and accrued income | 490/1 | €2,365 | €94 | -€2,271 | -96.0% |
| Total equity and liabilities | 10/49 | €54,170 | €94,474 | +€40,304 | +74.4% |
| Equity | 10/15 | €29,650 | €45,191 | +€15,541 | +52.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,050 | €26,591 | +€15,541 | +141% |
| Amounts payable | 17/49 | €24,519 | €49,283 | +€24,763 | +101% |
| Amounts payable within one year | 42/48 | €24,519 | €49,283 | +€24,763 | +101% |
| Financial debts | 43 | €21,757 | €19,254 | -€2,503 | -11.5% |
| Credit institutions | 430/8 | €21,757 | - | -€21,757 | |
| Other loans | 439 | - | €19,254 | +€19,254 | |
| Trade debts | 44 | €2,454 | €9,505 | +€7,051 | +287% |
| Suppliers | 440/4 | €2,454 | €9,505 | +€7,051 | +287% |
| Taxes, remuneration and social security | 45 | €309 | €8,525 | +€8,216 | +2,662% |
| Taxes | 450/3 | €115 | €4,959 | +€4,844 | +4,217% |
| Remuneration and social security | 454/9 | €194 | €3,566 | +€3,372 | +1,740% |
| Other amounts payable | 47/48 | - | €12,000 | +€12,000 | |
| Remuneration, social security and pensions | 62 | €19,437 | €27,095 | +€7,658 | +39.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,808 | €3,292 | +€484 | +17.2% |
| Other operating charges | 640/8 | €695 | €2,380 | +€1,685 | +242% |
| Gross operating margin | 9900 | €41,274 | €61,523 | +€20,249 | +49.1% |
| Operating profit (loss) | 9901 | €18,333 | €28,756 | +€10,423 | +56.9% |
| Financial income | 75/76B | €106 | €254 | +€147 | +138% |
| Recurring financial income | 75 | €106 | €254 | +€147 | +138% |
| Financial charges | 65/66B | €3,248 | €9,089 | +€5,841 | +180% |
| Recurring financial charges | 65 | €3,248 | €9,089 | +€5,841 | +180% |
| Profit (loss) for the period before taxes | 9903 | €15,191 | €19,920 | +€4,729 | +31.1% |
| Income taxes | 67/77 | - | €4,379 | +€4,379 | |
| Profit (loss) for the period | 9904 | €15,191 | €15,541 | +€350 | +2.3% |
| Profit (loss) for the period to be appropriated | 9905 | €15,191 | €15,541 | +€350 | +2.3% |
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 29 October 2026 via checked.be.