Metalja: 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.
Metalja
Largest movements
- Current investments +€50,000
new in 2025: €50,000
- Cash -€35,360
down €35,360 (-58.9%), from €60,062 to €24,702
mainly Contributions, distributions and other (-€61,500) and Current investments (-€50,000)
- Tangible fixed assets +€13,929
up €13,929 (+33.9%), from €41,137 to €55,065
of which Furniture and vehicles: +€11,482
- Receivables within one year -€4,043
down €4,043 (-18.1%), from €22,397 to €18,354
of which Other amounts receivable: -€3,569
- Reserves +€22,995
up €22,995 (+36.1%), from €63,728 to €86,723
of which Distributable reserves: +€22,995
- Other debts -€4,486
down €4,486 (-18.7%), from €24,019 to €19,532
- Tax, wage and social debts +€4,444
up €4,444 (+28.0%), from €15,864 to €20,308
- Trade debts +€1,573
up €1,573 (+114%), from €1,385 to €2,958
- Gross operating margin +€22,308
up €22,308 (+23.2%), from €96,045 to €118,352
- Depreciation -€10,164
down €10,164 (-84.8%), from €11,992 to €1,828
- Taxes +€5,540
up €5,540 (+30.3%), from €18,312 to €23,852
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 | €123,596 | €148,122 | +€24,526 | +19.8% |
| Fixed assets | 21/28 | €41,137 | €55,065 | +€13,929 | +33.9% |
| Tangible fixed assets | 22/27 | €41,137 | €55,065 | +€13,929 | +33.9% |
| Plant, machinery and equipment | 23 | - | €2,447 | +€2,447 | |
| Furniture and vehicles | 24 | €41,137 | €52,619 | +€11,482 | +27.9% |
| Current assets | 29/58 | €82,459 | €93,056 | +€10,597 | +12.9% |
| Amounts receivable within one year | 40/41 | €22,397 | €18,354 | -€4,043 | -18.1% |
| Trade receivables | 40 | €18,828 | €18,354 | -€474 | -2.5% |
| Other amounts receivable | 41 | €3,569 | €0 | -€3,569 | -100% |
| Current investments | 50/53 | - | €50,000 | +€50,000 | |
| Cash at bank and in hand | 54/58 | €60,062 | €24,702 | -€35,360 | -58.9% |
| Total equity and liabilities | 10/49 | €123,596 | €148,122 | +€24,526 | +19.8% |
| Equity | 10/15 | €82,328 | €105,323 | +€22,995 | +27.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €63,728 | €86,723 | +€22,995 | +36.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €61,868 | €84,863 | +€22,995 | +37.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €41,268 | €42,799 | +€1,531 | +3.7% |
| Amounts payable within one year | 42/48 | €41,268 | €42,799 | +€1,531 | +3.7% |
| Trade debts | 44 | €1,385 | €2,958 | +€1,573 | +114% |
| Suppliers | 440/4 | €1,385 | €2,958 | +€1,573 | +114% |
| Taxes, remuneration and social security | 45 | €15,864 | €20,308 | +€4,444 | +28.0% |
| Taxes | 450/3 | €15,864 | €20,308 | +€4,444 | +28.0% |
| Other amounts payable | 47/48 | €24,019 | €19,532 | -€4,486 | -18.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,992 | €1,828 | -€10,164 | -84.8% |
| Other operating charges | 640/8 | €1,730 | €1,251 | -€478 | -27.6% |
| Non-recurring operating charges | 66A | - | €5,035 | +€5,035 | |
| Gross operating margin | 9900 | €96,045 | €118,352 | +€22,308 | +23.2% |
| Operating profit (loss) | 9901 | €82,323 | €110,238 | +€27,915 | +33.9% |
| Financial charges | 65/66B | €2,552 | €1,892 | -€660 | -25.9% |
| Recurring financial charges | 65 | €2,552 | €1,892 | -€660 | -25.9% |
| Profit (loss) for the period before taxes | 9903 | €79,770 | €108,346 | +€28,576 | +35.8% |
| Income taxes | 67/77 | €18,312 | €23,852 | +€5,540 | +30.3% |
| Profit (loss) for the period | 9904 | €61,459 | €84,495 | +€23,036 | +37.5% |
| Profit (loss) for the period to be appropriated | 9905 | €61,459 | €84,495 | +€23,036 | +37.5% |
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 14 October 2026 via checked.be.