Métal Concept & Stabilité: 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.
Métal Concept & Stabilité
Largest movements
- Receivables after one year -€380,000
no longer reported in 2025 (was €380,000)
- Stocks and contracts +€366,681
up €366,681 (+83.4%), from €439,900 to €806,581
of which Contracts in progress: +€451,081
- Cash +€361,372
up €361,372 (+12,903%), from €2,801 to €364,173
mainly Trade debts (+€737,160) and Receivables after one year (+€380,000)
- Receivables within one year -€284,735
down €284,735 (-23.3%), from €1.2m to €938,030
of which Other amounts receivable: -€148,876
- Tangible fixed assets -€48,653
down €48,653 (-4.4%), from €1.1m to €1.1m
of which Land and buildings: -€28,543
- Trade debts +€737,160
up €737,160 (+60.7%), from €1.2m to €2.0m
- Debts after one year -€451,950
down €451,950 (-41.5%), from €1.1m to €636,915
of which Other amounts payable: -€275,000
- Reserves -€151,663
down €151,663 (-56.2%), from €269,642 to €117,979
- Other debts -€128,110
no longer reported in 2025 (was €128,110)
- Tax, wage and social debts +€88,539
up €88,539 (+58.7%), from €150,881 to €239,420
of which Taxes: +€96,526
- Gross operating margin -€189,746
down €189,746 (-30.8%), from €616,611 to €426,865
- Staff costs -€58,161
down €58,161 (-14.8%), from €391,855 to €333,694
- Financial charges +€26,395
up €26,395 (+50.9%), from €51,864 to €78,260
of which Non-recurring financial charges: +€18,594
- Depreciation +€25,118
up €25,118 (+22.3%), from €112,752 to €137,870
- Taxes -€17,426
down €17,426 (-92.4%), from €18,861 to €1,435
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 | €3,188,013 | €3,206,667 | +€18,654 | +0.6% |
| Fixed assets | 21/28 | €1,106,856 | €1,058,203 | -€48,653 | -4.4% |
| Tangible fixed assets | 22/27 | €1,105,073 | €1,056,420 | -€48,653 | -4.4% |
| Land and buildings | 22 | €710,540 | €681,997 | -€28,543 | -4.0% |
| Plant, machinery and equipment | 23 | €170,261 | €168,786 | -€1,476 | -0.9% |
| Furniture and vehicles | 24 | €224,271 | €205,637 | -€18,635 | -8.3% |
| Financial fixed assets | 28 | €1,783 | €1,783 | = | 0.0% |
| Current assets | 29/58 | €2,081,157 | €2,148,464 | +€67,308 | +3.2% |
| Amounts receivable after more than one year | 29 | €380,000 | - | -€380,000 | |
| Other amounts receivable | 291 | €380,000 | - | -€380,000 | |
| Stocks and contracts in progress | 3 | €439,900 | €806,581 | +€366,681 | +83.4% |
| Stocks | 30/36 | €439,900 | €355,500 | -€84,400 | -19.2% |
| Contracts in progress | 37 | - | €451,081 | +€451,081 | |
| Amounts receivable within one year | 40/41 | €1,222,765 | €938,030 | -€284,735 | -23.3% |
| Trade receivables | 40 | €1,043,926 | €908,067 | -€135,859 | -13.0% |
| Other amounts receivable | 41 | €178,839 | €29,963 | -€148,876 | -83.2% |
| Cash at bank and in hand | 54/58 | €2,801 | €364,173 | +€361,372 | +12,903% |
| Deferred charges and accrued income | 490/1 | €35,691 | €39,680 | +€3,989 | +11.2% |
| Total equity and liabilities | 10/49 | €3,188,013 | €3,206,667 | +€18,654 | +0.6% |
| Equity | 10/15 | €288,242 | €136,579 | -€151,663 | -52.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €269,642 | €117,979 | -€151,663 | -56.2% |
| Distributable reserves | 133 | €269,642 | €117,979 | -€151,663 | -56.2% |
| Amounts payable | 17/49 | €2,899,771 | €3,070,088 | +€170,317 | +5.9% |
| Amounts payable after more than one year | 17 | €1,088,866 | €636,915 | -€451,950 | -41.5% |
| Financial debts | 170/4 | €813,866 | €636,915 | -€176,950 | -21.7% |
| Other amounts payable | 178/9 | €275,000 | - | -€275,000 | |
| Amounts payable within one year | 42/48 | €1,810,905 | €2,433,173 | +€622,268 | +34.4% |
| Current portion of amounts payable after more than one year | 42 | €316,725 | €241,404 | -€75,321 | -23.8% |
| Trade debts | 44 | €1,215,188 | €1,952,349 | +€737,160 | +60.7% |
| Suppliers | 440/4 | €1,215,188 | €1,952,349 | +€737,160 | +60.7% |
| Taxes, remuneration and social security | 45 | €150,881 | €239,420 | +€88,539 | +58.7% |
| Taxes | 450/3 | €90,938 | €187,464 | +€96,526 | +106% |
| Remuneration and social security | 454/9 | €59,943 | €51,955 | -€7,988 | -13.3% |
| Other amounts payable | 47/48 | €128,110 | - | -€128,110 | |
| Remuneration, social security and pensions | 62 | €391,855 | €333,694 | -€58,161 | -14.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €112,752 | €137,870 | +€25,118 | +22.3% |
| Other operating charges | 640/8 | €33,943 | €29,961 | -€3,983 | -11.7% |
| Non-recurring operating charges | 66A | €9,932 | €793 | -€9,139 | -92.0% |
| Gross operating margin | 9900 | €616,611 | €426,865 | -€189,746 | -30.8% |
| Operating profit (loss) | 9901 | €68,129 | -€75,453 | -€143,582 | |
| Financial income | 75/76B | €2,949 | €3,485 | +€537 | +18.2% |
| Recurring financial income | 75 | €2,949 | €3,485 | +€537 | +18.2% |
| Financial charges | 65/66B | €51,864 | €78,260 | +€26,395 | +50.9% |
| Recurring financial charges | 65 | €46,235 | €54,036 | +€7,801 | +16.9% |
| Non-recurring financial charges | 66B | €5,629 | €24,223 | +€18,594 | +330% |
| Profit (loss) for the period before taxes | 9903 | €19,213 | -€150,228 | -€169,440 | |
| Income taxes | 67/77 | €18,861 | €1,435 | -€17,426 | -92.4% |
| Profit (loss) for the period | 9904 | €352 | -€151,663 | -€152,015 | |
| Profit (loss) for the period to be appropriated | 9905 | €352 | -€151,663 | -€152,015 |
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 24 October 2026 via checked.be.