METAL YAPI: 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 YAPI
NACE 46.900, Non-specialised wholesale trade
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€499,006
2024 · €124,612+€374,395
Equity
€4.6m
2024 · €4.1m+€499,006
Cash
€884,844
2024 · €337,702+€547,142
Balance sheet total
€32.3m
2024 · €31.1m+€1.2m
Largest movements
Assets
- Stocks and contracts +€1.5m
up €1.5m (+57.7%), from €2.6m to €4.2m
- Receivables within one year -€637,663
down €637,663 (-3.0%), from €21.3m to €20.7m
of which Trade receivables: -€3.0m
- Cash +€547,142
up €547,142 (+162.0%), from €337,702 to €884,844
mainly Trade debts (+€4.3m) and Debts after one year (+€821,532)
Equity and liabilities
- Advances received -€4.6m
down €4.6m (-75.2%), from €6.2m to €1.5m
- Trade debts +€4.3m
up €4.3m (+22.8%), from €18.9m to €23.2m
- Debts after one year +€821,532
up €821,532 (+85.0%), from €966,805 to €1.8m
- Profit (loss) carried forward +€499,006
up €499,006 (+111.1%), from €449,266 to €948,272
- Other debts +€326,896
up €326,896 (+107.4%), from €304,384 to €631,280
Income statement
- Turnover +€3.2m
up €3.2m (+7.8%), from €41.0m to €44.2m
- Goods and materials +€1.7m
up €1.7m (+5.0%), from €33.8m to €35.5m
of which Purchases: +€1.9m
- Services and other goods +€1.0m
up €1.0m (+23.5%), from €4.4m to €5.5m
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
€124,612
Turnover
+€3.2m
Other operating income
-€21,115
Goods and materials
-€1.7m
Services and other goods
-€1.0m
Staff costs
-€1,117
Depreciation
+€88,967
Other operating charges
-€51,848
Other operating items
-€291,499
Financial income
+€22,540
Financial charges
-€35,821
Taxes
+€184,707
Result 2025
€499,006
Cash bridge derived
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
-€308,410
Investment
-€33,283
Financing
+€888,835
Cash 2024
€337,702
From operations (derived)
-€308,410
Net result for the year
+€499,006
Depreciation
+€244,442
Receivables after one year
+€78,889
Stocks and contracts
-€1.5m
Receivables within one year
+€637,663
Deferred charges and accrued income
-€24,087
Trade debts
+€4.3m
Tax, wage and social debts
-€216,436
Advances received
-€4.6m
Other debts
+€326,896
Investment (derived)
-€33,283
Investment in fixed assets (net)
-€33,283
Financing
+€888,835
Debts after one year
+€821,532
Current portion of long-term debt
+€67,303
Cash 2025
€884,844
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €31,143,080 | €32,307,954 | +€1.2m | +3.7% |
| Fixed assets | 21/28 | €5,494,521 | €5,283,362 | -€211,159 | -3.8% |
| Intangible fixed assets | 21 | €3,907 | €1,682 | -€2,225 | -56.9% |
| Tangible fixed assets | 22/27 | €5,412,578 | €5,205,645 | -€206,933 | -3.8% |
| Land and buildings | 22 | €4,750,324 | €4,664,583 | -€85,741 | -1.8% |
| Plant, machinery and equipment | 23 | €157,504 | €150,676 | -€6,828 | -4.3% |
| Furniture and vehicles | 24 | €504,750 | €390,385 | -€114,365 | -22.7% |
| Financial fixed assets | 28 | €78,036 | €76,035 | -€2,001 | -2.6% |
| Other financial fixed assets | 284/8 | €78,036 | €76,035 | -€2,001 | -2.6% |
| Amounts receivable and cash guarantees | 285/8 | €78,036 | €76,035 | -€2,001 | -2.6% |
| Current assets | 29/58 | €25,648,558 | €27,024,591 | +€1.4m | +5.4% |
| Amounts receivable after more than one year | 29 | €1,348,207 | €1,269,318 | -€78,889 | -5.9% |
| Other amounts receivable | 291 | €1,348,207 | €1,269,318 | -€78,889 | -5.9% |
| Stocks and contracts in progress | 3 | €2,637,586 | €4,158,943 | +€1.5m | +57.7% |
| Stocks | 30/36 | €2,637,586 | €4,158,943 | +€1.5m | +57.7% |
| Goods purchased for resale | 34 | €184,140 | €1,136,142 | +€952,002 | +517.0% |
| Property held for sale | 35 | €2,453,446 | €3,022,801 | +€569,355 | +23.2% |
| Amounts receivable within one year | 40/41 | €21,323,082 | €20,685,419 | -€637,663 | -3.0% |
| Trade receivables | 40 | €17,291,908 | €14,289,421 | -€3.0m | -17.4% |
| Other amounts receivable | 41 | €4,031,174 | €6,395,998 | +€2.4m | +58.7% |
| Cash at bank and in hand | 54/58 | €337,702 | €884,844 | +€547,142 | +162.0% |
| Deferred charges and accrued income | 490/1 | €1,981 | €26,068 | +€24,087 | +1215.7% |
| Total equity and liabilities | 10/49 | €31,143,080 | €32,307,954 | +€1.2m | +3.7% |
| Equity | 10/15 | €4,052,738 | €4,551,744 | +€499,006 | +12.3% |
| Contributions | 10/11 | €3,000,000 | €3,000,000 | = | 0.0% |
| Capital | 10 | €3,000,000 | €3,000,000 | = | 0.0% |
| Issued capital | 100 | €3,000,000 | €3,000,000 | = | 0.0% |
| Revaluation surpluses | 12 | €600,000 | €600,000 | = | 0.0% |
| Reserves | 13 | €3,472 | €3,472 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,472 | €3,472 | = | 0.0% |
| Legal reserve | 130 | €3,472 | €3,472 | = | 0.0% |
| Profit (loss) carried forward | 14 | €449,266 | €948,272 | +€499,006 | +111.1% |
| Amounts payable | 17/49 | €27,090,342 | €27,756,210 | +€665,868 | +2.5% |
| Amounts payable after more than one year | 17 | €966,805 | €1,788,337 | +€821,532 | +85.0% |
| Financial debts | 170/4 | €966,805 | €1,788,337 | +€821,532 | +85.0% |
| Credit institutions | 173 | €966,805 | €1,788,337 | +€821,532 | +85.0% |
| Amounts payable within one year | 42/48 | €26,123,537 | €25,967,873 | -€155,664 | -0.6% |
| Current portion of amounts payable after more than one year | 42 | €135,522 | €202,824 | +€67,303 | +49.7% |
| Trade debts | 44 | €18,885,325 | €23,198,156 | +€4.3m | +22.8% |
| Suppliers | 440/4 | €18,885,325 | €23,198,156 | +€4.3m | +22.8% |
| Advances received on contracts in progress | 46 | €6,177,483 | €1,531,225 | -€4.6m | -75.2% |
| Taxes, remuneration and social security | 45 | €620,824 | €404,388 | -€216,436 | -34.9% |
| Taxes | 450/3 | €315,830 | €64,008 | -€251,822 | -79.7% |
| Remuneration and social security | 454/9 | €304,994 | €340,379 | +€35,386 | +11.6% |
| Other amounts payable | 47/48 | €304,384 | €631,280 | +€326,896 | +107.4% |
| Operating income | 70/76A | €41,321,584 | €44,461,054 | +€3.1m | +7.6% |
| Turnover | 70 | €41,004,373 | €44,219,246 | +€3.2m | +7.8% |
| Other operating income | 74 | €241,701 | €220,585 | -€21,115 | -8.7% |
| Non-recurring operating income | 76A | €75,510 | €21,222 | -€54,287 | -71.9% |
| Operating charges | 60/66A | €40,830,618 | €43,767,120 | +€2.9m | +7.2% |
| Goods for resale, raw materials and consumables | 60 | €33,816,266 | €35,507,769 | +€1.7m | +5.0% |
| Purchases | 600/8 | €33,816,266 | €35,691,937 | +€1.9m | +5.5% |
| Change in stocks: decrease (increase) | 609 | - | -€184,168 | -€184,168 | |
| Services and other goods | 61 | €4,441,136 | €5,484,924 | +€1.0m | +23.5% |
| Remuneration, social security and pensions | 62 | €2,029,837 | €2,030,954 | +€1,117 | +0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €333,409 | €244,442 | -€88,967 | -26.7% |
| Other operating charges | 640/8 | €180,364 | €232,213 | +€51,848 | +28.7% |
| Non-recurring operating charges | 66A | €29,606 | €266,818 | +€237,212 | +801.2% |
| Operating profit (loss) | 9901 | €490,966 | €693,934 | +€202,969 | +41.3% |
| Financial income | 75/76B | €19,647 | €42,187 | +€22,540 | +114.7% |
| Recurring financial income | 75 | €19,647 | €42,187 | +€22,540 | +114.7% |
| Income from financial fixed assets | 750 | €1,334 | €42,187 | +€40,854 | +3063.4% |
| Income from current assets | 751 | €18,314 | - | -€18,314 | |
| Other financial income | 752/9 | €0 | €0 | = | 0.0% |
| Financial charges | 65/66B | €61,325 | €97,146 | +€35,821 | +58.4% |
| Recurring financial charges | 65 | €61,325 | €97,146 | +€35,821 | +58.4% |
| Debt charges | 650 | €61,325 | €97,146 | +€35,821 | +58.4% |
| Profit (loss) for the period before taxes | 9903 | €449,288 | €638,976 | +€189,687 | +42.2% |
| Income taxes | 67/77 | €324,677 | €139,969 | -€184,707 | -56.9% |
| Taxes | 670/3 | €325,175 | €139,969 | -€185,206 | -57.0% |
| Tax adjustments and reversals of tax provisions | 77 | €498 | - | -€498 | |
| Profit (loss) for the period | 9904 | €124,612 | €499,006 | +€374,395 | +300.4% |
| Profit (loss) for the period to be appropriated | 9905 | €124,612 | €499,006 | +€374,395 | +300.4% |
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 12 October 2026 via checked.be.