Metal Solutions: 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 Solutions
Largest movements
- Receivables within one year -€13,584
down €13,584 (-31.5%), from €43,163 to €29,580
- Cash -€8,123
down €8,123 (-29.2%), from €27,853 to €19,730
mainly Trade debts (-€19,503) and Tax, wage and social debts (-€7,546)
- Deferred charges and accrued income -€1,512
no longer reported in 2025 (was €1,512)
- Tangible fixed assets -€1,389
down €1,389 (-20.1%), from €6,893 to €5,505
- Trade debts -€19,503
down €19,503 (-65.9%), from €29,596 to €10,093
- Tax, wage and social debts -€7,546
down €7,546 (-73.3%), from €10,301 to €2,755
- Reserves +€3,000
up €3,000 (+11.2%), from €26,900 to €29,900
- Gross operating margin -€31,372
down €31,372 (-72.3%), from €43,370 to €11,998
- Taxes -€8,487
down €8,487 (-84.1%), from €10,090 to €1,603
- Depreciation +€1,339
up €1,339 (+2,708%), from €49 to €1,389
- Financial charges -€544
down €544 (-15.1%), from €3,615 to €3,071
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 | €79,422 | €54,814 | -€24,607 | -31.0% |
| Fixed assets | 21/28 | €6,893 | €5,505 | -€1,389 | -20.1% |
| Tangible fixed assets | 22/27 | €6,893 | €5,505 | -€1,389 | -20.1% |
| Plant, machinery and equipment | 23 | €6,893 | €5,505 | -€1,389 | -20.1% |
| Current assets | 29/58 | €72,528 | €49,309 | -€23,219 | -32.0% |
| Amounts receivable within one year | 40/41 | €43,163 | €29,580 | -€13,584 | -31.5% |
| Trade receivables | 40 | €43,163 | €29,580 | -€13,584 | -31.5% |
| Cash at bank and in hand | 54/58 | €27,853 | €19,730 | -€8,123 | -29.2% |
| Deferred charges and accrued income | 490/1 | €1,512 | - | -€1,512 | |
| Total equity and liabilities | 10/49 | €79,422 | €54,814 | -€24,607 | -31.0% |
| Equity | 10/15 | €38,924 | €41,966 | +€3,042 | +7.8% |
| Contributions | 10/11 | €12,000 | €12,000 | = | 0.0% |
| Reserves | 13 | €26,900 | €29,900 | +€3,000 | +11.2% |
| Distributable reserves | 133 | €26,900 | €29,900 | +€3,000 | +11.2% |
| Profit (loss) carried forward | 14 | €24 | €66 | +€42 | +170% |
| Amounts payable | 17/49 | €40,497 | €12,848 | -€27,649 | -68.3% |
| Amounts payable within one year | 42/48 | €40,497 | €12,848 | -€27,649 | -68.3% |
| Trade debts | 44 | €29,596 | €10,093 | -€19,503 | -65.9% |
| Suppliers | 440/4 | €29,596 | €10,093 | -€19,503 | -65.9% |
| Advances received on contracts in progress | 46 | €600 | - | -€600 | |
| Taxes, remuneration and social security | 45 | €10,301 | €2,755 | -€7,546 | -73.3% |
| Taxes | 450/3 | €10,301 | €2,755 | -€7,546 | -73.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49 | €1,389 | +€1,339 | +2,708% |
| Other operating charges | 640/8 | €2,796 | €2,918 | +€122 | +4.4% |
| Gross operating margin | 9900 | €43,370 | €11,998 | -€31,372 | -72.3% |
| Operating profit (loss) | 9901 | €40,525 | €7,691 | -€32,833 | -81.0% |
| Financial income | 75/76B | €105 | €24 | -€81 | -76.8% |
| Recurring financial income | 75 | €105 | €24 | -€81 | -76.8% |
| Financial charges | 65/66B | €3,615 | €3,071 | -€544 | -15.1% |
| Recurring financial charges | 65 | €3,615 | €3,071 | -€544 | -15.1% |
| Profit (loss) for the period before taxes | 9903 | €37,014 | €4,645 | -€32,370 | -87.5% |
| Income taxes | 67/77 | €10,090 | €1,603 | -€8,487 | -84.1% |
| Profit (loss) for the period | 9904 | €26,924 | €3,042 | -€23,883 | -88.7% |
| Profit (loss) for the period to be appropriated | 9905 | €26,924 | €3,042 | -€23,883 | -88.7% |
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 18 October 2026 via checked.be.