Metal Mix: 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 Mix
Largest movements
- Stocks and contracts -€72,492
no longer reported in 2025 (was €72,492)
- Receivables within one year -€46,876
down €46,876 (-48.5%), from €96,621 to €49,744
of which Trade receivables: -€67,034
- Tangible fixed assets +€24,183
up €24,183 (+215%), from €11,267 to €35,450
of which Furniture and vehicles: +€20,042
- Cash +€5,228
up €5,228 (+84.4%), from €6,196 to €11,424
mainly Stocks and contracts (+€72,492) and Receivables within one year (+€46,876)
- Deferred charges and accrued income -€2,049
down €2,049 (-45.8%), from €4,479 to €2,430
- Trade debts -€127,800
down €127,800 (-62.4%), from €204,726 to €76,926
- Profit (loss) carried forward +€33,836
up €33,836 (+18.0%), from -€188,023 to -€154,187
- Tax, wage and social debts -€23,193
down €23,193 (-73.4%), from €31,580 to €8,387
of which Taxes: -€20,860
- Debts after one year +€21,087
new in 2025: €21,087
- Current portion of long-term debt +€4,063
up €4,063 (+270%), from €1,506 to €5,569
- Gross operating margin +€165,852
up €165,852, from -€62,262 to €103,590
- Taxes -€28,159
down €28,159 (-98.4%), from €28,624 to €465
- Staff costs -€3,120
down €3,120 (-6.6%), from €46,933 to €43,813
- Financial charges -€2,285
down €2,285 (-58.6%), from €3,900 to €1,615
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 | €191,055 | €99,048 | -€92,007 | -48.2% |
| Fixed assets | 21/28 | €11,267 | €35,450 | +€24,183 | +215% |
| Tangible fixed assets | 22/27 | €11,267 | €35,450 | +€24,183 | +215% |
| Plant, machinery and equipment | 23 | €1,648 | €5,789 | +€4,141 | +251% |
| Furniture and vehicles | 24 | €9,620 | €29,661 | +€20,042 | +208% |
| Current assets | 29/58 | €179,787 | €63,598 | -€116,189 | -64.6% |
| Stocks and contracts in progress | 3 | €72,492 | - | -€72,492 | |
| Stocks | 30/36 | €72,492 | - | -€72,492 | |
| Amounts receivable within one year | 40/41 | €96,621 | €49,744 | -€46,876 | -48.5% |
| Trade receivables | 40 | €72,824 | €5,789 | -€67,034 | -92.1% |
| Other amounts receivable | 41 | €23,797 | €43,955 | +€20,158 | +84.7% |
| Cash at bank and in hand | 54/58 | €6,196 | €11,424 | +€5,228 | +84.4% |
| Deferred charges and accrued income | 490/1 | €4,479 | €2,430 | -€2,049 | -45.8% |
| Total equity and liabilities | 10/49 | €191,055 | €99,048 | -€92,007 | -48.2% |
| Equity | 10/15 | -€169,423 | -€135,587 | +€33,836 | +20.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€188,023 | -€154,187 | +€33,836 | +18.0% |
| Amounts payable | 17/49 | €360,478 | €234,635 | -€125,843 | -34.9% |
| Amounts payable after more than one year | 17 | - | €21,087 | +€21,087 | |
| Financial debts | 170/4 | - | €21,087 | +€21,087 | |
| Amounts payable within one year | 42/48 | €333,284 | €186,354 | -€146,930 | -44.1% |
| Current portion of amounts payable after more than one year | 42 | €1,506 | €5,569 | +€4,063 | +270% |
| Trade debts | 44 | €204,726 | €76,926 | -€127,800 | -62.4% |
| Suppliers | 440/4 | €204,726 | €76,926 | -€127,800 | -62.4% |
| Taxes, remuneration and social security | 45 | €31,580 | €8,387 | -€23,193 | -73.4% |
| Taxes | 450/3 | €23,078 | €2,217 | -€20,860 | -90.4% |
| Remuneration and social security | 454/9 | €8,502 | €6,169 | -€2,333 | -27.4% |
| Other amounts payable | 47/48 | €95,472 | €95,472 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €27,194 | €27,194 | = | 0.0% |
| Non-recurring operating income | 76A | €22,287 | - | -€22,287 | |
| Remuneration, social security and pensions | 62 | €46,933 | €43,813 | -€3,120 | -6.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,354 | €7,226 | -€128 | -1.7% |
| Other operating charges | 640/8 | €1,684 | €1,034 | -€651 | -38.6% |
| Non-recurring operating charges | 66A | - | €17,482 | +€17,482 | |
| Gross operating margin | 9900 | -€62,262 | €103,590 | +€165,852 | |
| Operating profit (loss) | 9901 | -€118,233 | €34,035 | +€152,268 | |
| Financial income | 75/76B | €875 | €1,881 | +€1,007 | +115% |
| Recurring financial income | 75 | €875 | €1,881 | +€1,007 | +115% |
| Financial charges | 65/66B | €3,900 | €1,615 | -€2,285 | -58.6% |
| Recurring financial charges | 65 | €3,900 | €1,615 | -€2,285 | -58.6% |
| Profit (loss) for the period before taxes | 9903 | -€121,259 | €34,301 | +€155,560 | |
| Income taxes | 67/77 | €28,624 | €465 | -€28,159 | -98.4% |
| Profit (loss) for the period | 9904 | -€149,883 | €33,836 | +€183,719 | |
| Profit (loss) for the period to be appropriated | 9905 | -€149,883 | €33,836 | +€183,719 |
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.