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METALCONSTRUCT: what changed

Two fiscal 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

METALCONSTRUCT

BE 0807.392.960
NACE 25.110, Manufacture of metal structures and parts of structures
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€18,976
2024 · €17,657+€1,319
Equity
-€15,681
2024 · -€34,657+€18,976
Cash
€1,262
2024 · €1,441-€178
Balance sheet total
€11,134
2024 · €12,632-€1,498

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€866

    down €866 (-22.6%), from €3,827 to €2,960

  • Receivables within one year -€475

    down €475 (-6.9%), from €6,887 to €6,411

    of which Trade receivables: -€294

  • Cash -€178

    down €178 (-12.4%), from €1,441 to €1,262

    mainly Other debts (-€18,674) and Accrued charges and deferred income (-€1,800)

Equity and liabilities
  • Profit (loss) carried forward +€18,976

    up €18,976 (+41.3%), from -€45,969 to -€26,993

  • Other debts -€18,674

    down €18,674 (-44.7%), from €41,790 to €23,115

  • Accrued charges and deferred income -€1,800

    down €1,800 (-32.7%), from €5,500 to €3,700

Income statement
  • Gross operating margin +€1,624

    up €1,624 (+8.6%), from €18,972 to €20,596

  • Depreciation +€361

    up €361 (+71.4%), from €505 to €866

From the 2024 result to the 2025 result

effect on the 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 €17,657
Gross operating margin +€1,624
Depreciation -€361
Other operating charges +€96
Financial income -€55
Financial charges +€14
Result 2025 €18,976

Cash bridge derived

cash 2024 to 2025

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 -€178
Investment €0
Financing €0
Cash 2024 €1,441
Net result for the year +€18,976
Depreciation +€866
Receivables within one year +€475
Deferred charges and accrued income -€22
Other debts -€18,674
Accrued charges and deferred income -€1,800
Cash 2025 €1,262
Every line side by side 32 lines
Line Code 2024 2025 Change %
Total assets 20/58 €12,632 €11,134 -€1,498 -11.9%
Fixed assets 21/28 €3,827 €2,960 -€866 -22.6%
Tangible fixed assets 22/27 €3,827 €2,960 -€866 -22.6%
Furniture and vehicles 24 €3,827 €2,960 -€866 -22.6%
Current assets 29/58 €8,806 €8,174 -€632 -7.2%
Amounts receivable within one year 40/41 €6,887 €6,411 -€475 -6.9%
Trade receivables 40 €6,227 €5,933 -€294 -4.7%
Other amounts receivable 41 €660 €479 -€181 -27.5%
Cash at bank and in hand 54/58 €1,441 €1,262 -€178 -12.4%
Deferred charges and accrued income 490/1 €478 €500 +€22 +4.6%
Total equity and liabilities 10/49 €12,632 €11,134 -€1,498 -11.9%
Equity 10/15 -€34,657 -€15,681 +€18,976 +54.8%
Contributions 10/11 €10,200 €10,200 = 0.0%
Reserves 13 €1,112 €1,112 = 0.0%
Distributable reserves 133 €1,112 €1,112 = 0.0%
Profit (loss) carried forward 14 -€45,969 -€26,993 +€18,976 +41.3%
Amounts payable 17/49 €47,290 €26,815 -€20,474 -43.3%
Amounts payable within one year 42/48 €41,790 €23,115 -€18,674 -44.7%
Other amounts payable 47/48 €41,790 €23,115 -€18,674 -44.7%
Accrued charges and deferred income 492/3 €5,500 €3,700 -€1,800 -32.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €505 €866 +€361 +71.4%
Other operating charges 640/8 €785 €689 -€96 -12.2%
Gross operating margin 9900 €18,972 €20,596 +€1,624 +8.6%
Operating profit (loss) 9901 €17,681 €19,041 +€1,359 +7.7%
Financial income 75/76B €75 €20 -€55 -73.3%
Recurring financial income 75 €75 €20 -€55 -73.3%
Non-recurring financial income 76B €75 €0 -€75 -100.0%
Financial charges 65/66B €99 €85 -€14 -14.4%
Recurring financial charges 65 €99 €85 -€14 -14.4%
Profit (loss) for the period before taxes 9903 €17,657 €18,976 +€1,319 +7.5%
Profit (loss) for the period 9904 €17,657 €18,976 +€1,319 +7.5%
Profit (loss) for the period to be appropriated 9905 €17,657 €18,976 +€1,319 +7.5%

Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.