Metal Concept: 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 Concept
Largest movements
- Receivables within one year -€123,432
down €123,432 (-45.5%), from €271,022 to €147,590
of which Other amounts receivable: -€77,837
- Tangible fixed assets -€82,465
down €82,465 (-9.3%), from €885,397 to €802,932
- Stocks and contracts +€55,755
up €55,755 (+82.8%), from €67,357 to €123,112
- Cash +€46,054
up €46,054 (+110%), from €41,992 to €88,046
mainly Receivables within one year (+€123,432) and Depreciation (+€97,085)
- Current investments -€14,927
down €14,927 (-39.5%), from €37,811 to €22,884
- Debts after one year -€81,604
down €81,604 (-48.8%), from €167,151 to €85,547
- Trade debts -€57,717
down €57,717 (-22.6%), from €254,871 to €197,155
- Profit (loss) carried forward +€33,887
up €33,887 (+5.5%), from €613,055 to €646,942
- Tax, wage and social debts -€17,993
down €17,993 (-18.8%), from €95,592 to €77,599
of which Remuneration and social security: -€16,035
- Staff costs -€12,297
down €12,297 (-2.1%), from €580,880 to €568,582
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 | €1,321,414 | €1,202,879 | -€118,535 | -9.0% |
| Fixed assets | 21/28 | €886,076 | €811,455 | -€74,621 | -8.4% |
| Intangible fixed assets | 21 | - | €7,844 | +€7,844 | |
| Tangible fixed assets | 22/27 | €885,397 | €802,932 | -€82,465 | -9.3% |
| Land and buildings | 22 | €543,404 | €505,591 | -€37,812 | -7.0% |
| Plant, machinery and equipment | 23 | €300,194 | €259,454 | -€40,741 | -13.6% |
| Furniture and vehicles | 24 | €41,799 | €37,887 | -€3,912 | -9.4% |
| Financial fixed assets | 28 | €679 | €679 | = | 0.0% |
| Current assets | 29/58 | €435,338 | €391,425 | -€43,914 | -10.1% |
| Stocks and contracts in progress | 3 | €67,357 | €123,112 | +€55,755 | +82.8% |
| Stocks | 30/36 | €67,357 | €123,112 | +€55,755 | +82.8% |
| Amounts receivable within one year | 40/41 | €271,022 | €147,590 | -€123,432 | -45.5% |
| Trade receivables | 40 | €189,446 | €143,851 | -€45,595 | -24.1% |
| Other amounts receivable | 41 | €81,576 | €3,739 | -€77,837 | -95.4% |
| Current investments | 50/53 | €37,811 | €22,884 | -€14,927 | -39.5% |
| Cash at bank and in hand | 54/58 | €41,992 | €88,046 | +€46,054 | +110% |
| Deferred charges and accrued income | 490/1 | €17,157 | €9,793 | -€7,364 | -42.9% |
| Total equity and liabilities | 10/49 | €1,321,414 | €1,202,879 | -€118,535 | -9.0% |
| Equity | 10/15 | €724,140 | €753,050 | +€28,910 | +4.0% |
| Contributions | 10/11 | €20,451 | €20,451 | = | 0.0% |
| Reserves | 13 | €35,250 | €35,250 | = | 0.0% |
| Tax-exempt reserves | 132 | €35,250 | €35,250 | = | 0.0% |
| Profit (loss) carried forward | 14 | €613,055 | €646,942 | +€33,887 | +5.5% |
| Investment grants | 15 | €55,383 | €50,407 | -€4,977 | -9.0% |
| Amounts payable | 17/49 | €597,275 | €449,830 | -€147,445 | -24.7% |
| Amounts payable after more than one year | 17 | €167,151 | €85,547 | -€81,604 | -48.8% |
| Financial debts | 170/4 | €167,151 | €85,547 | -€81,604 | -48.8% |
| Amounts payable within one year | 42/48 | €430,124 | €364,282 | -€65,841 | -15.3% |
| Current portion of amounts payable after more than one year | 42 | €78,599 | €89,190 | +€10,591 | +13.5% |
| Trade debts | 44 | €254,871 | €197,155 | -€57,717 | -22.6% |
| Suppliers | 440/4 | €254,871 | €197,155 | -€57,717 | -22.6% |
| Taxes, remuneration and social security | 45 | €95,592 | €77,599 | -€17,993 | -18.8% |
| Taxes | 450/3 | €22,802 | €20,844 | -€1,958 | -8.6% |
| Remuneration and social security | 454/9 | €72,791 | €56,756 | -€16,035 | -22.0% |
| Other amounts payable | 47/48 | €1,061 | €338 | -€723 | -68.1% |
| Non-recurring operating income | 76A | €1,996 | €8,634 | +€6,638 | +333% |
| Remuneration, social security and pensions | 62 | €580,880 | €568,582 | -€12,297 | -2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €97,727 | €97,085 | -€643 | -0.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,600 | - | -€3,600 | |
| Other operating charges | 640/8 | €19,550 | €19,997 | +€447 | +2.3% |
| Non-recurring operating charges | 66A | €320 | €46,347 | +€46,027 | +14,399% |
| Gross operating margin | 9900 | €785,686 | €777,985 | -€7,701 | -1.0% |
| Operating profit (loss) | 9901 | €83,609 | €45,974 | -€37,635 | -45.0% |
| Financial income | 75/76B | €5,432 | €5,111 | -€321 | -5.9% |
| Recurring financial income | 75 | €5,432 | €5,111 | -€321 | -5.9% |
| Financial charges | 65/66B | €14,233 | €10,871 | -€3,362 | -23.6% |
| Recurring financial charges | 65 | €14,233 | €10,871 | -€3,362 | -23.6% |
| Profit (loss) for the period before taxes | 9903 | €74,809 | €40,214 | -€34,594 | -46.2% |
| Income taxes | 67/77 | €245 | €6,327 | +€6,083 | +2,484% |
| Profit (loss) for the period | 9904 | €74,564 | €33,887 | -€40,677 | -54.6% |
| Profit (loss) for the period to be appropriated | 9905 | €74,564 | €33,887 | -€40,677 | -54.6% |
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 22 October 2026 via checked.be.