METAL DESIGN FERRONNERIE: 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 DESIGN FERRONNERIE
Largest movements
- Stocks and contracts +€37,286
up €37,286 (+90.6%), from €41,139 to €78,425
of which Contracts in progress: +€40,186
- Receivables within one year -€13,104
down €13,104 (-34.2%), from €38,338 to €25,234
of which Trade receivables: -€10,749
- Tangible fixed assets -€1,953
down €1,953 (-37.4%), from €5,216 to €3,263
of which Plant, machinery and equipment: -€1,745
- Short-term financial debts +€27,382
up €27,382 (+270%), from €10,135 to €37,517
- Reserves +€8,444
up €8,444 (+41.1%), from €20,542 to €28,986
- Trade debts -€7,030
down €7,030 (-26.7%), from €26,345 to €19,315
- Accrued charges and deferred income -€6,630
no longer reported in 2025 (was €6,630)
- Other debts +€6,351
new in 2025: €6,351
- Turnover -€352,290
no longer reported in 2025 (was €352,290)
- Purchases and services -€307,801
no longer reported in 2025 (was €307,801)
- Gross operating margin -€16,623
down €16,623 (-37.4%), from €44,489 to €27,866
- Staff costs -€12,768
down €12,768 (-59.0%), from €21,636 to €8,868
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €84,893 | €107,599 | +€22,706 | +26.7% |
| Fixed assets | 21/28 | €5,416 | €3,463 | -€1,953 | -36.1% |
| Tangible fixed assets | 22/27 | €5,216 | €3,263 | -€1,953 | -37.4% |
| Plant, machinery and equipment | 23 | €4,697 | €2,952 | -€1,745 | -37.2% |
| Other tangible fixed assets | 26 | €519 | €311 | -€208 | -40.1% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €79,477 | €104,136 | +€24,659 | +31.0% |
| Stocks and contracts in progress | 3 | €41,139 | €78,425 | +€37,286 | +90.6% |
| Stocks | 30/36 | €16,450 | €13,550 | -€2,900 | -17.6% |
| Contracts in progress | 37 | €24,689 | €64,875 | +€40,186 | +163% |
| Amounts receivable within one year | 40/41 | €38,338 | €25,234 | -€13,104 | -34.2% |
| Trade receivables | 40 | €23,829 | €13,080 | -€10,749 | -45.1% |
| Other amounts receivable | 41 | €14,509 | €12,154 | -€2,355 | -16.2% |
| Deferred charges and accrued income | 490/1 | - | €477 | +€477 | |
| Total equity and liabilities | 10/49 | €84,893 | €107,599 | +€22,706 | +26.7% |
| Equity | 10/15 | €22,542 | €30,986 | +€8,444 | +37.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €20,542 | €28,986 | +€8,444 | +41.1% |
| Distributable reserves | 133 | €20,542 | €28,986 | +€8,444 | +41.1% |
| Amounts payable | 17/49 | €62,351 | €76,613 | +€14,262 | +22.9% |
| Amounts payable after more than one year | 17 | €2,998 | - | -€2,998 | |
| Financial debts | 170/4 | €2,998 | - | -€2,998 | |
| Amounts payable within one year | 42/48 | €52,723 | €76,613 | +€23,890 | +45.3% |
| Current portion of amounts payable after more than one year | 42 | €4,489 | €2,998 | -€1,491 | -33.2% |
| Financial debts | 43 | €10,135 | €37,517 | +€27,382 | +270% |
| Credit institutions | 430/8 | €10,135 | €37,517 | +€27,382 | +270% |
| Trade debts | 44 | €26,345 | €19,315 | -€7,030 | -26.7% |
| Suppliers | 440/4 | €26,345 | €19,315 | -€7,030 | -26.7% |
| Advances received on contracts in progress | 46 | - | €340 | +€340 | |
| Taxes, remuneration and social security | 45 | €11,754 | €10,092 | -€1,662 | -14.1% |
| Taxes | 450/3 | €11,162 | €9,058 | -€2,104 | -18.8% |
| Remuneration and social security | 454/9 | €592 | €1,034 | +€442 | +74.7% |
| Other amounts payable | 47/48 | - | €6,351 | +€6,351 | |
| Accrued charges and deferred income | 492/3 | €6,630 | - | -€6,630 | |
| Turnover | 70 | €352,290 | - | -€352,290 | |
| Goods, raw materials, services and sundry goods | 60/61 | €307,801 | - | -€307,801 | |
| Remuneration, social security and pensions | 62 | €21,636 | €8,868 | -€12,768 | -59.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,954 | €1,953 | -€1 | -0.1% |
| Other operating charges | 640/8 | €797 | €922 | +€125 | +15.7% |
| Gross operating margin | 9900 | €44,489 | €27,866 | -€16,623 | -37.4% |
| Operating profit (loss) | 9901 | €20,102 | €16,123 | -€3,979 | -19.8% |
| Financial income | 75/76B | €813 | €10 | -€803 | -98.8% |
| Recurring financial income | 75 | €813 | €10 | -€803 | -98.8% |
| Financial charges | 65/66B | €1,926 | €4,592 | +€2,666 | +138% |
| Recurring financial charges | 65 | €1,926 | €4,592 | +€2,666 | +138% |
| Profit (loss) for the period before taxes | 9903 | €18,989 | €11,541 | -€7,448 | -39.2% |
| Income taxes | 67/77 | €4,461 | €3,097 | -€1,364 | -30.6% |
| Profit (loss) for the period | 9904 | €14,528 | €8,444 | -€6,084 | -41.9% |
| Profit (loss) for the period to be appropriated | 9905 | €14,528 | €8,444 | -€6,084 | -41.9% |
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 30 October 2026 via checked.be.