METALCOLOR: 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.
METALCOLOR
Largest movements
- Cash -€54,939
down €54,939 (-37.8%), from €145,285 to €90,345
mainly Contributions, distributions and other (-€130,251) and Debts after one year (-€67,853)
- Tangible fixed assets -€42,240
down €42,240 (-6.2%), from €681,047 to €638,807
of which Land and buildings: -€37,928
- Reserves -€126,547
down €126,547 (-25.5%), from €495,650 to €369,103
of which Distributable reserves: -€121,407
- Other debts +€70,884
up €70,884 (+22.8%), from €311,031 to €381,915
- Debts after one year -€67,853
down €67,853 (-13.3%), from €509,575 to €441,722
of which Financial debts: -€70,333
- Gross operating margin -€70,236
down €70,236 (-26.4%), from €265,894 to €195,657
- Taxes -€23,732
down €23,732 (-79.5%), from €29,840 to €6,109
- Depreciation +€6,536
up €6,536 (+7.7%), from €84,825 to €91,361
- Write-downs +€6,492
new in 2025: €6,492
- Staff costs +€5,278
up €5,278 (+11.4%), from €46,490 to €51,768
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 | €1,803,299 | €1,678,575 | -€124,724 | -6.9% |
| Fixed assets | 21/28 | €1,256,047 | €1,213,807 | -€42,240 | -3.4% |
| Tangible fixed assets | 22/27 | €681,047 | €638,807 | -€42,240 | -6.2% |
| Land and buildings | 22 | €532,534 | €494,606 | -€37,928 | -7.1% |
| Plant, machinery and equipment | 23 | €94,780 | €111,331 | +€16,551 | +17.5% |
| Furniture and vehicles | 24 | €53,733 | €32,870 | -€20,863 | -38.8% |
| Financial fixed assets | 28 | €575,000 | €575,000 | = | 0.0% |
| Current assets | 29/58 | €547,252 | €464,767 | -€82,485 | -15.1% |
| Stocks and contracts in progress | 3 | €184,794 | €172,532 | -€12,263 | -6.6% |
| Stocks | 30/36 | €184,794 | €172,532 | -€12,263 | -6.6% |
| Amounts receivable within one year | 40/41 | €202,382 | €186,865 | -€15,518 | -7.7% |
| Trade receivables | 40 | €180,860 | €167,552 | -€13,308 | -7.4% |
| Other amounts receivable | 41 | €21,522 | €19,312 | -€2,210 | -10.3% |
| Cash at bank and in hand | 54/58 | €145,285 | €90,345 | -€54,939 | -37.8% |
| Deferred charges and accrued income | 490/1 | €14,790 | €15,026 | +€235 | +1.6% |
| Total equity and liabilities | 10/49 | €1,803,299 | €1,678,575 | -€124,724 | -6.9% |
| Equity | 10/15 | €727,355 | €600,808 | -€126,547 | -17.4% |
| Contributions | 10/11 | €81,617 | €81,617 | = | 0.0% |
| Reserves | 13 | €495,650 | €369,103 | -€126,547 | -25.5% |
| Non-distributable reserves | 130/1 | €5,140 | €0 | -€5,140 | -100% |
| Reserves not available under the articles | 1311 | €5,140 | €0 | -€5,140 | -100% |
| Tax-exempt reserves | 132 | €15,675 | €15,675 | = | 0.0% |
| Distributable reserves | 133 | €474,835 | €353,428 | -€121,407 | -25.6% |
| Profit (loss) carried forward | 14 | €150,088 | €150,088 | = | 0.0% |
| Provisions and deferred taxes | 16 | €54,832 | €54,832 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €54,832 | €54,832 | = | 0.0% |
| Other liabilities and charges | 164/5 | €54,832 | €54,832 | = | 0.0% |
| Amounts payable | 17/49 | €1,021,112 | €1,022,935 | +€1,823 | +0.2% |
| Amounts payable after more than one year | 17 | €509,575 | €441,722 | -€67,853 | -13.3% |
| Financial debts | 170/4 | €506,037 | €435,704 | -€70,333 | -13.9% |
| Other amounts payable | 178/9 | €3,539 | €6,019 | +€2,480 | +70.1% |
| Amounts payable within one year | 42/48 | €502,536 | €572,211 | +€69,676 | +13.9% |
| Current portion of amounts payable after more than one year | 42 | €68,425 | €70,333 | +€1,908 | +2.8% |
| Trade debts | 44 | €93,734 | €92,128 | -€1,606 | -1.7% |
| Suppliers | 440/4 | €93,734 | €92,128 | -€1,606 | -1.7% |
| Taxes, remuneration and social security | 45 | €29,346 | €27,835 | -€1,510 | -5.1% |
| Taxes | 450/3 | €21,495 | €19,726 | -€1,768 | -8.2% |
| Remuneration and social security | 454/9 | €7,851 | €8,109 | +€258 | +3.3% |
| Other amounts payable | 47/48 | €311,031 | €381,915 | +€70,884 | +22.8% |
| Accrued charges and deferred income | 492/3 | €9,001 | €9,001 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €46,490 | €51,768 | +€5,278 | +11.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €84,825 | €91,361 | +€6,536 | +7.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €6,492 | +€6,492 | |
| Other operating charges | 640/8 | €17,173 | €17,180 | +€7 | 0.0% |
| Gross operating margin | 9900 | €265,894 | €195,657 | -€70,236 | -26.4% |
| Operating profit (loss) | 9901 | €117,404 | €28,856 | -€88,549 | -75.4% |
| Financial charges | 65/66B | €21,176 | €19,043 | -€2,133 | -10.1% |
| Recurring financial charges | 65 | €21,176 | €19,043 | -€2,133 | -10.1% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €96,229 | €9,813 | -€86,416 | -89.8% |
| Income taxes | 67/77 | €29,840 | €6,109 | -€23,732 | -79.5% |
| Profit (loss) for the period | 9904 | €66,389 | €3,704 | -€62,684 | -94.4% |
| Profit (loss) for the period to be appropriated | 9905 | €66,389 | €3,704 | -€62,684 | -94.4% |
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 28 October 2026 via checked.be.