Metalaser: 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.
Metalaser
Largest movements
- Receivables within one year -€141,565
down €141,565 (-52.3%), from €270,721 to €129,155
of which Trade receivables: -€121,846
- Tangible fixed assets -€72,662
down €72,662 (-15.9%), from €455,698 to €383,036
of which Plant, machinery and equipment: -€57,964
- Cash -€12,647
down €12,647 (-49.0%), from €25,822 to €13,174
mainly Debts after one year (-€326,347) and Trade debts (-€75,449)
- Debts after one year -€326,347
down €326,347 (-72.9%), from €447,483 to €121,136
of which Other amounts payable: -€247,584
- Other debts +€245,423
up €245,423 (+1,984%), from €12,369 to €257,792
- Trade debts -€75,449
down €75,449 (-100.0%), from €75,479 to €31
- Current portion of long-term debt -€67,161
down €67,161 (-46.0%), from €145,924 to €78,763
- Profit (loss) carried forward +€20,121
up €20,121 (+70.8%), from -€28,422 to -€8,301
- Gross operating margin -€105,431
down €105,431 (-59.3%), from €177,853 to €72,422
- Staff costs -€97,260
down €97,260 (-93.8%), from €103,648 to €6,388
- Taxes -€25,258
down €25,258, from €12,661 to -€12,597
- Financial charges -€12,816
down €12,816 (-51.5%), from €24,872 to €12,057
- Write-downs +€5,210
no longer reported in 2025 (was -€5,210)
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 | €756,489 | €526,709 | -€229,780 | -30.4% |
| Fixed assets | 21/28 | €455,698 | €383,036 | -€72,662 | -15.9% |
| Tangible fixed assets | 22/27 | €455,698 | €383,036 | -€72,662 | -15.9% |
| Plant, machinery and equipment | 23 | €441,000 | €383,036 | -€57,964 | -13.1% |
| Furniture and vehicles | 24 | €10,307 | - | -€10,307 | |
| Leasing and similar rights | 25 | €4,391 | - | -€4,391 | |
| Current assets | 29/58 | €300,791 | €143,673 | -€157,118 | -52.2% |
| Amounts receivable after more than one year | 29 | €3,445 | - | -€3,445 | |
| Trade receivables | 290 | €3,445 | - | -€3,445 | |
| Amounts receivable within one year | 40/41 | €270,721 | €129,155 | -€141,565 | -52.3% |
| Trade receivables | 40 | €128,126 | €6,281 | -€121,846 | -95.1% |
| Other amounts receivable | 41 | €142,594 | €122,875 | -€19,720 | -13.8% |
| Cash at bank and in hand | 54/58 | €25,822 | €13,174 | -€12,647 | -49.0% |
| Deferred charges and accrued income | 490/1 | €804 | €1,343 | +€540 | +67.1% |
| Total equity and liabilities | 10/49 | €756,489 | €526,709 | -€229,780 | -30.4% |
| Equity | 10/15 | €67,616 | €68,987 | +€1,371 | +2.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €77,438 | €58,688 | -€18,750 | -24.2% |
| Tax-exempt reserves | 132 | €18,750 | - | -€18,750 | |
| Distributable reserves | 133 | €58,688 | €58,688 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€28,422 | -€8,301 | +€20,121 | +70.8% |
| Amounts payable | 17/49 | €688,873 | €457,722 | -€231,151 | -33.6% |
| Amounts payable after more than one year | 17 | €447,483 | €121,136 | -€326,347 | -72.9% |
| Financial debts | 170/4 | €199,899 | €121,136 | -€78,763 | -39.4% |
| Other amounts payable | 178/9 | €247,584 | - | -€247,584 | |
| Amounts payable within one year | 42/48 | €241,390 | €336,586 | +€95,196 | +39.4% |
| Current portion of amounts payable after more than one year | 42 | €145,924 | €78,763 | -€67,161 | -46.0% |
| Financial debts | 43 | €7,617 | - | -€7,617 | |
| Credit institutions | 430/8 | €7,617 | - | -€7,617 | |
| Trade debts | 44 | €75,479 | €31 | -€75,449 | -100.0% |
| Suppliers | 440/4 | €75,479 | €31 | -€75,449 | -100.0% |
| Other amounts payable | 47/48 | €12,369 | €257,792 | +€245,423 | +1,984% |
| Non-recurring operating income | 76A | - | €470 | +€470 | |
| Remuneration, social security and pensions | 62 | €103,648 | €6,388 | -€97,260 | -93.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €67,488 | €62,355 | -€5,134 | -7.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€5,210 | - | +€5,210 | |
| Other operating charges | 640/8 | €2,815 | €2,541 | -€274 | -9.7% |
| Non-recurring operating charges | 66A | - | €307 | +€307 | |
| Gross operating margin | 9900 | €177,853 | €72,422 | -€105,431 | -59.3% |
| Operating profit (loss) | 9901 | €9,112 | €831 | -€8,281 | -90.9% |
| Financial income | 75/76B | €0 | €0 | -€0 | -80.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -80.0% |
| Financial charges | 65/66B | €24,872 | €12,057 | -€12,816 | -51.5% |
| Recurring financial charges | 65 | €24,872 | €12,057 | -€12,816 | -51.5% |
| Profit (loss) for the period before taxes | 9903 | -€15,761 | -€11,226 | +€4,535 | +28.8% |
| Income taxes | 67/77 | €12,661 | -€12,597 | -€25,258 | |
| Profit (loss) for the period | 9904 | -€28,422 | €1,371 | +€29,793 | |
| Profit (loss) for the period to be appropriated | 9905 | -€28,422 | €1,371 | +€29,793 |
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 23 October 2026 via checked.be.