METAL-GENT: 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.
What changed
METAL-GENT
NACE 46.820, Wholesale trade
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€3,641
2024 · €2,297+€1,344
Equity
€631,323
2024 · €627,682+€3,641
Cash
€42,430
2024 · €15,915+€26,515
Balance sheet total
€738,740
2024 · €804,169-€65,430
Largest movements
Assets
- Stocks and contracts -€57,498
down €57,498 (-19.4%), from €296,053 to €238,556
- Cash +€26,515
up €26,515 (+167%), from €15,915 to €42,430
mainly Stocks and contracts (+€57,498) and Receivables within one year (+€20,391)
- Receivables within one year -€20,391
down €20,391 (-4.4%), from €462,159 to €441,768
of which Trade receivables: -€37,413
- Deferred charges and accrued income -€12,149
down €12,149 (-59.2%), from €20,538 to €8,390
Equity and liabilities
- Trade debts -€78,009
down €78,009 (-60.1%), from €129,894 to €51,885
- Tax, wage and social debts +€10,771
up €10,771 (+26.4%), from €40,811 to €51,582
of which Taxes: +€7,745
Income statement
- Turnover +€56,267
up €56,267 (+3.8%), from €1.5m to €1.5m
- Staff costs +€44,134
up €44,134 (+11.4%), from €388,815 to €432,949
- Services and other goods -€33,512
down €33,512 (-7.2%), from €467,016 to €433,504
- Write-downs +€25,297
up €25,297 (+237%), from €10,675 to €35,972
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.
Result 2024
€2,297
Turnover
+€56,267
Other operating income
-€10,143
Goods and materials
+€1,025
Services and other goods
+€33,512
Staff costs
-€44,134
Depreciation
-€1,966
Write-downs
-€25,297
Other operating charges
+€493
Other operating items
+€1,550
Financial income
-€11,242
Financial charges
+€1,458
Taxes
-€180
Result 2025
€3,641
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€28,620
Investment
-€2,105
Financing
€0
Cash 2024
€15,915
From operations (derived)
+€28,620
Net result for the year
+€3,641
Depreciation
+€4,013
Stocks and contracts
+€57,498
Receivables within one year
+€20,391
Deferred charges and accrued income
+€12,149
Trade debts
-€78,009
Tax, wage and social debts
+€10,771
Other debts
-€2,183
Accrued charges and deferred income
+€350
Investment (derived)
-€2,105
Investment in fixed assets (net)
-€2,105
Cash 2025
€42,430
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €804,169 | €738,740 | -€65,430 | -8.1% |
| Fixed assets | 21/28 | €9,503 | €7,596 | -€1,908 | -20.1% |
| Tangible fixed assets | 22/27 | €9,093 | €7,186 | -€1,908 | -21.0% |
| Plant, machinery and equipment | 23 | €7,531 | €6,173 | -€1,359 | -18.0% |
| Furniture and vehicles | 24 | €1,562 | €1,013 | -€549 | -35.1% |
| Financial fixed assets | 28 | €410 | €410 | = | 0.0% |
| Other financial fixed assets | 284/8 | €410 | €410 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €410 | €410 | = | 0.0% |
| Current assets | 29/58 | €794,666 | €731,144 | -€63,522 | -8.0% |
| Stocks and contracts in progress | 3 | €296,053 | €238,556 | -€57,498 | -19.4% |
| Stocks | 30/36 | €296,053 | €238,556 | -€57,498 | -19.4% |
| Goods purchased for resale | 34 | €296,053 | €238,556 | -€57,498 | -19.4% |
| Amounts receivable within one year | 40/41 | €462,159 | €441,768 | -€20,391 | -4.4% |
| Trade receivables | 40 | €249,279 | €211,865 | -€37,413 | -15.0% |
| Other amounts receivable | 41 | €212,880 | €229,903 | +€17,023 | +8.0% |
| Cash at bank and in hand | 54/58 | €15,915 | €42,430 | +€26,515 | +167% |
| Deferred charges and accrued income | 490/1 | €20,538 | €8,390 | -€12,149 | -59.2% |
| Total equity and liabilities | 10/49 | €804,169 | €738,740 | -€65,430 | -8.1% |
| Equity | 10/15 | €627,682 | €631,323 | +€3,641 | +0.6% |
| Contributions | 10/11 | €600,000 | €600,000 | = | 0.0% |
| Capital | 10 | €600,000 | €600,000 | = | 0.0% |
| Issued capital | 100 | €600,000 | €600,000 | = | 0.0% |
| Reserves | 13 | €27,682 | €31,323 | +€3,641 | +13.2% |
| Non-distributable reserves | 130/1 | €27,682 | €31,323 | +€3,641 | +13.2% |
| Legal reserve | 130 | €27,682 | €31,323 | +€3,641 | +13.2% |
| Amounts payable | 17/49 | €176,487 | €107,416 | -€69,071 | -39.1% |
| Amounts payable within one year | 42/48 | €172,887 | €103,466 | -€69,421 | -40.2% |
| Trade debts | 44 | €129,894 | €51,885 | -€78,009 | -60.1% |
| Suppliers | 440/4 | €129,894 | €51,885 | -€78,009 | -60.1% |
| Taxes, remuneration and social security | 45 | €40,811 | €51,582 | +€10,771 | +26.4% |
| Taxes | 450/3 | €5,911 | €13,656 | +€7,745 | +131% |
| Remuneration and social security | 454/9 | €34,900 | €37,926 | +€3,026 | +8.7% |
| Other amounts payable | 47/48 | €2,183 | - | -€2,183 | |
| Accrued charges and deferred income | 492/3 | €3,600 | €3,950 | +€350 | +9.7% |
| Operating income | 70/76A | €1,558,350 | €1,606,024 | +€47,674 | +3.1% |
| Turnover | 70 | €1,486,159 | €1,542,425 | +€56,267 | +3.8% |
| Other operating income | 74 | €72,191 | €62,048 | -€10,143 | -14.1% |
| Non-recurring operating income | 76A | - | €1,550 | +€1,550 | |
| Operating charges | 60/66A | €1,568,585 | €1,604,951 | +€36,366 | +2.3% |
| Goods for resale, raw materials and consumables | 60 | €693,402 | €692,376 | -€1,025 | -0.1% |
| Purchases | 600/8 | €674,171 | €634,878 | -€39,292 | -5.8% |
| Change in stocks: decrease (increase) | 609 | €19,231 | €57,498 | +€38,267 | +199% |
| Services and other goods | 61 | €467,016 | €433,504 | -€33,512 | -7.2% |
| Remuneration, social security and pensions | 62 | €388,815 | €432,949 | +€44,134 | +11.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,047 | €4,013 | +€1,966 | +96.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €10,675 | €35,972 | +€25,297 | +237% |
| Other operating charges | 640/8 | €6,631 | €6,138 | -€493 | -7.4% |
| Operating profit (loss) | 9901 | -€10,235 | €1,072 | +€11,307 | |
| Financial income | 75/76B | €21,026 | €9,784 | -€11,242 | -53.5% |
| Recurring financial income | 75 | €21,026 | €9,784 | -€11,242 | -53.5% |
| Income from current assets | 751 | €12,126 | €8,135 | -€3,991 | -32.9% |
| Other financial income | 752/9 | €8,900 | €1,649 | -€7,251 | -81.5% |
| Financial charges | 65/66B | €2,583 | €1,124 | -€1,458 | -56.5% |
| Recurring financial charges | 65 | €2,583 | €1,124 | -€1,458 | -56.5% |
| Other financial charges | 652/9 | €2,583 | €1,124 | -€1,458 | -56.5% |
| Profit (loss) for the period before taxes | 9903 | €8,208 | €9,732 | +€1,524 | +18.6% |
| Income taxes | 67/77 | €5,911 | €6,091 | +€180 | +3.0% |
| Taxes | 670/3 | €5,911 | €6,091 | +€181 | +3.1% |
| Tax adjustments and reversals of tax provisions | 77 | - | €0 | +€0 | |
| Profit (loss) for the period | 9904 | €2,297 | €3,641 | +€1,344 | +58.5% |
| Profit (loss) for the period to be appropriated | 9905 | €2,297 | €3,641 | +€1,344 | +58.5% |
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.