METAL CONSEIL: 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 CONSEIL
Largest movements
- Tangible fixed assets +€88,695
up €88,695 (+113%), from €78,333 to €167,028
of which Furniture and vehicles: +€90,379
- Receivables within one year -€21,645
down €21,645 (-13.0%), from €166,591 to €144,946
of which Other amounts receivable: -€19,831
- Cash -€8,158
down €8,158 (-77.6%), from €10,508 to €2,350
mainly Investment in fixed assets (net) (-€112,871) and Trade debts (-€16,743)
- Reserves +€59,573
up €59,573 (+57.6%), from €103,360 to €162,933
of which Distributable reserves: +€59,573
- Trade debts -€16,743
down €16,743 (-61.4%), from €27,275 to €10,532
- Tax, wage and social debts +€12,992
up €12,992 (+77.4%), from €16,785 to €29,777
- Gross operating margin +€56,002
up €56,002 (+114%), from €48,939 to €104,941
- Depreciation +€15,477
up €15,477 (+178%), from €8,699 to €24,176
- Taxes +€12,992
up €12,992 (+92.2%), from €14,085 to €27,077
- Financial income +€1,199
up €1,199 (+18.6%), from €6,439 to €7,638
- Other operating charges -€1,159
down €1,159 (-52.3%), from €2,217 to €1,058
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 | €258,502 | €314,324 | +€55,822 | +21.6% |
| Fixed assets | 21/28 | €78,333 | €167,028 | +€88,695 | +113% |
| Tangible fixed assets | 22/27 | €78,333 | €167,028 | +€88,695 | +113% |
| Plant, machinery and equipment | 23 | €4,554 | €2,870 | -€1,684 | -37.0% |
| Furniture and vehicles | 24 | €73,779 | €164,158 | +€90,379 | +122% |
| Current assets | 29/58 | €180,169 | €147,296 | -€32,873 | -18.2% |
| Stocks and contracts in progress | 3 | €3,070 | - | -€3,070 | |
| Stocks | 30/36 | €3,070 | - | -€3,070 | |
| Amounts receivable within one year | 40/41 | €166,591 | €144,946 | -€21,645 | -13.0% |
| Trade receivables | 40 | €13,159 | €11,345 | -€1,814 | -13.8% |
| Other amounts receivable | 41 | €153,432 | €133,601 | -€19,831 | -12.9% |
| Cash at bank and in hand | 54/58 | €10,508 | €2,350 | -€8,158 | -77.6% |
| Total equity and liabilities | 10/49 | €258,502 | €314,324 | +€55,822 | +21.6% |
| Equity | 10/15 | €214,442 | €274,015 | +€59,573 | +27.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €103,360 | €162,933 | +€59,573 | +57.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €101,500 | €161,073 | +€59,573 | +58.7% |
| Profit (loss) carried forward | 14 | €104,882 | €104,882 | = | 0.0% |
| Amounts payable | 17/49 | €44,060 | €40,309 | -€3,751 | -8.5% |
| Amounts payable within one year | 42/48 | €44,060 | €40,309 | -€3,751 | -8.5% |
| Trade debts | 44 | €27,275 | €10,532 | -€16,743 | -61.4% |
| Suppliers | 440/4 | €27,275 | €10,532 | -€16,743 | -61.4% |
| Taxes, remuneration and social security | 45 | €16,785 | €29,777 | +€12,992 | +77.4% |
| Taxes | 450/3 | €16,785 | €29,777 | +€12,992 | +77.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,699 | €24,176 | +€15,477 | +178% |
| Other operating charges | 640/8 | €2,217 | €1,058 | -€1,159 | -52.3% |
| Gross operating margin | 9900 | €48,939 | €104,941 | +€56,002 | +114% |
| Operating profit (loss) | 9901 | €38,023 | €79,707 | +€41,684 | +110% |
| Financial income | 75/76B | €6,439 | €7,638 | +€1,199 | +18.6% |
| Recurring financial income | 75 | €6,439 | €7,638 | +€1,199 | +18.6% |
| Financial charges | 65/66B | €968 | €695 | -€273 | -28.2% |
| Recurring financial charges | 65 | €968 | €695 | -€273 | -28.2% |
| Profit (loss) for the period before taxes | 9903 | €43,494 | €86,650 | +€43,156 | +99.2% |
| Income taxes | 67/77 | €14,085 | €27,077 | +€12,992 | +92.2% |
| Profit (loss) for the period | 9904 | €29,409 | €59,573 | +€30,164 | +103% |
| Profit (loss) for the period to be appropriated | 9905 | €29,409 | €59,573 | +€30,164 | +103% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.