Metalas: 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
Metalas
NACE 46.620, Wholesale of machine tools
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€1.0m
2024 · €1.3m-€293,107
Equity
€3.5m
2024 · €3.5m
Cash
€2.9m
2024 · €2.2m+€666,809
Balance sheet total
€6.1m
2024 · €5.2m+€868,865
Largest movements
Assets
- Cash +€666,809
up €666,809 (+29.9%), from €2.2m to €2.9m
mainly Net result for the year (+€1.0m) and Other debts (+€990,492)
- Receivables within one year +€304,157
up €304,157 (+28.0%), from €1.1m to €1.4m
of which Trade receivables: +€209,594
- Stocks and contracts -€90,921
down €90,921 (-10.2%), from €893,872 to €802,952
Equity and liabilities
- Other debts +€990,492
up €990,492 (+114%), from €872,260 to €1.9m
- Trade debts -€106,494
down €106,494 (-22.0%), from €483,948 to €377,454
Income statement
- Gross operating margin -€489,077
down €489,077 (-18.9%), from €2.6m to €2.1m
- Taxes -€269,082
down €269,082 (-43.5%), from €619,098 to €350,016
- Financial income -€31,231
down €31,231 (-22.7%), from €137,803 to €106,572
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
€1.3m
Gross operating margin
-€489,077
Staff costs
-€22,454
Depreciation
+€1,604
Write-downs
-€3,814
Provisions
-€20,430
Other operating charges
-€22
Financial income
-€31,231
Financial charges
+€3,234
Taxes
+€269,082
Result 2025
€1.0m
raises the resultlowers the result
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
+€1.7m
Investment
€0
Financing
-€1.0m
Cash 2024
€2.2m
From operations (derived)
+€1.7m
Net result for the year
+€1.0m
Depreciation
+€11,181
Stocks and contracts
+€90,921
Receivables within one year
-€304,157
Provisions
-€5,708
Trade debts
-€106,494
Tax, wage and social debts
+€48,803
Other debts
+€990,492
Accrued charges and deferred income
-€58,229
Financing
-€1.0m
Contributions, distributions and other
-€1.0m
Cash 2025
€2.9m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,219,439 | €6,088,303 | +€868,865 | +16.6% |
| Fixed assets | 21/28 | €109,738 | €98,558 | -€11,181 | -10.2% |
| Tangible fixed assets | 22/27 | €109,245 | €98,064 | -€11,181 | -10.2% |
| Land and buildings | 22 | €89,200 | €89,200 | = | 0.0% |
| Plant, machinery and equipment | 23 | €18,048 | €8,864 | -€9,184 | -50.9% |
| Furniture and vehicles | 24 | €1,997 | €0 | -€1,997 | -100% |
| Financial fixed assets | 28 | €494 | €494 | = | 0.0% |
| Current assets | 29/58 | €5,109,700 | €5,989,746 | +€880,045 | +17.2% |
| Stocks and contracts in progress | 3 | €893,872 | €802,952 | -€90,921 | -10.2% |
| Stocks | 30/36 | €893,872 | €802,952 | -€90,921 | -10.2% |
| Amounts receivable within one year | 40/41 | €1,086,644 | €1,390,801 | +€304,157 | +28.0% |
| Trade receivables | 40 | €1,086,383 | €1,295,977 | +€209,594 | +19.3% |
| Other amounts receivable | 41 | €261 | €94,824 | +€94,563 | +36,206% |
| Current investments | 50/53 | €900,000 | €900,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €2,229,184 | €2,895,993 | +€666,809 | +29.9% |
| Total equity and liabilities | 10/49 | €5,219,439 | €6,088,303 | +€868,865 | +16.6% |
| Equity | 10/15 | €3,485,531 | €3,485,531 | = | 0.0% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €3,423,558 | €3,423,558 | = | 0.0% |
| Non-distributable reserves | 130/1 | €12,395 | €12,395 | = | 0.0% |
| Legal reserve | 130 | €12,395 | €12,395 | = | 0.0% |
| Distributable reserves | 133 | €3,411,163 | €3,411,163 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €90,161 | €84,453 | -€5,708 | -6.3% |
| Provisions for liabilities and charges | 160/5 | €90,161 | €84,453 | -€5,708 | -6.3% |
| Major repairs and maintenance | 162 | €0 | - | = | |
| Other liabilities and charges | 164/5 | €90,161 | €84,453 | -€5,708 | -6.3% |
| Amounts payable | 17/49 | €1,643,747 | €2,518,319 | +€874,573 | +53.2% |
| Amounts payable within one year | 42/48 | €1,524,919 | €2,457,720 | +€932,801 | +61.2% |
| Trade debts | 44 | €483,948 | €377,454 | -€106,494 | -22.0% |
| Suppliers | 440/4 | €483,948 | €377,454 | -€106,494 | -22.0% |
| Taxes, remuneration and social security | 45 | €168,711 | €217,514 | +€48,803 | +28.9% |
| Taxes | 450/3 | €108,943 | €155,472 | +€46,530 | +42.7% |
| Remuneration and social security | 454/9 | €59,768 | €62,041 | +€2,273 | +3.8% |
| Other amounts payable | 47/48 | €872,260 | €1,862,752 | +€990,492 | +114% |
| Accrued charges and deferred income | 492/3 | €118,828 | €60,599 | -€58,229 | -49.0% |
| Remuneration, social security and pensions | 62 | €700,478 | €722,932 | +€22,454 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,785 | €11,181 | -€1,604 | -12.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €226 | €4,041 | +€3,814 | +1,685% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€26,138 | -€5,708 | +€20,430 | +78.2% |
| Other operating charges | 640/8 | €14,432 | €14,454 | +€22 | +0.2% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €2,588,599 | €2,099,522 | -€489,077 | -18.9% |
| Operating profit (loss) | 9901 | €1,886,815 | €1,352,623 | -€534,192 | -28.3% |
| Financial income | 75/76B | €137,803 | €106,572 | -€31,231 | -22.7% |
| Recurring financial income | 75 | €137,803 | €106,572 | -€31,231 | -22.7% |
| Financial charges | 65/66B | €86,272 | €83,038 | -€3,234 | -3.7% |
| Recurring financial charges | 65 | €86,272 | €83,038 | -€3,234 | -3.7% |
| Profit (loss) for the period before taxes | 9903 | €1,938,346 | €1,376,157 | -€562,189 | -29.0% |
| Income taxes | 67/77 | €619,098 | €350,016 | -€269,082 | -43.5% |
| Profit (loss) for the period | 9904 | €1,319,248 | €1,026,141 | -€293,107 | -22.2% |
| Profit (loss) for the period to be appropriated | 9905 | €1,319,248 | €1,026,141 | -€293,107 | -22.2% |
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 22 October 2026 via checked.be.