METALL.BE: 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.
METALL.BE
Largest movements
- Cash -€361,341
down €361,341 (-42.5%), from €850,822 to €489,481
mainly Current investments (-€331,612) and Investment in fixed assets (net) (-€179,290)
- Current investments +€331,612
new in 2025: €331,612
- Financial fixed assets +€110,000
new in 2025: €110,000
- Tangible fixed assets -€93,448
down €93,448 (-10.6%), from €880,138 to €786,690
of which Plant, machinery and equipment: -€95,327
- Stocks and contracts +€58,752
up €58,752 (+8.0%), from €736,937 to €795,688
- Reserves +€167,347
up €167,347 (+8.8%), from €1.9m to €2.1m
- Tax, wage and social debts -€81,607
down €81,607 (-56.0%), from €145,672 to €64,065
of which Taxes: -€51,535
- Investment grants -€27,188
down €27,188 (-41.4%), from €65,691 to €38,503
- Gross operating margin -€60,293
down €60,293 (-6.1%), from €994,341 to €934,048
- Financial income +€17,494
up €17,494 (+122%), from €14,292 to €31,786
- Taxes -€14,594
down €14,594 (-17.5%), from €83,330 to €68,736
- Staff costs -€11,743
down €11,743 (-2.1%), from €554,025 to €542,281
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 | €2,502,529 | €2,543,452 | +€40,922 | +1.6% |
| Fixed assets | 21/28 | €885,024 | €900,941 | +€15,918 | +1.8% |
| Intangible fixed assets | 21 | €4,886 | €4,251 | -€635 | -13.0% |
| Tangible fixed assets | 22/27 | €880,138 | €786,690 | -€93,448 | -10.6% |
| Land and buildings | 22 | €471,189 | €421,758 | -€49,431 | -10.5% |
| Plant, machinery and equipment | 23 | €406,744 | €311,417 | -€95,327 | -23.4% |
| Furniture and vehicles | 24 | €2,205 | €53,514 | +€51,310 | +2,327% |
| Financial fixed assets | 28 | - | €110,000 | +€110,000 | |
| Current assets | 29/58 | €1,617,506 | €1,642,510 | +€25,005 | +1.5% |
| Stocks and contracts in progress | 3 | €736,937 | €795,688 | +€58,752 | +8.0% |
| Stocks | 30/36 | €736,937 | €795,688 | +€58,752 | +8.0% |
| Amounts receivable within one year | 40/41 | €15,532 | €8,701 | -€6,831 | -44.0% |
| Trade receivables | 40 | €5,217 | €6,699 | +€1,482 | +28.4% |
| Other amounts receivable | 41 | €10,314 | €2,002 | -€8,313 | -80.6% |
| Current investments | 50/53 | - | €331,612 | +€331,612 | |
| Cash at bank and in hand | 54/58 | €850,822 | €489,481 | -€361,341 | -42.5% |
| Deferred charges and accrued income | 490/1 | €14,215 | €17,029 | +€2,813 | +19.8% |
| Total equity and liabilities | 10/49 | €2,502,529 | €2,543,452 | +€40,922 | +1.6% |
| Equity | 10/15 | €1,978,100 | €2,118,259 | +€140,159 | +7.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €1,892,409 | €2,059,756 | +€167,347 | +8.8% |
| Distributable reserves | 133 | €1,892,409 | €2,059,756 | +€167,347 | +8.8% |
| Investment grants | 15 | €65,691 | €38,503 | -€27,188 | -41.4% |
| Amounts payable | 17/49 | €524,429 | €425,193 | -€99,236 | -18.9% |
| Amounts payable within one year | 42/48 | €524,429 | €424,528 | -€99,901 | -19.0% |
| Current portion of amounts payable after more than one year | 42 | €18,404 | - | -€18,404 | |
| Trade debts | 44 | €27,853 | €34,089 | +€6,236 | +22.4% |
| Suppliers | 440/4 | €27,853 | €34,089 | +€6,236 | +22.4% |
| Taxes, remuneration and social security | 45 | €145,672 | €64,065 | -€81,607 | -56.0% |
| Taxes | 450/3 | €73,909 | €22,373 | -€51,535 | -69.7% |
| Remuneration and social security | 454/9 | €71,763 | €41,692 | -€30,071 | -41.9% |
| Other amounts payable | 47/48 | €332,500 | €326,374 | -€6,126 | -1.8% |
| Accrued charges and deferred income | 492/3 | - | €665 | +€665 | |
| Remuneration, social security and pensions | 62 | €554,025 | €542,281 | -€11,743 | -2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €166,877 | €163,373 | -€3,505 | -2.1% |
| Other operating charges | 640/8 | €14,535 | €18,234 | +€3,700 | +25.5% |
| Gross operating margin | 9900 | €994,341 | €934,048 | -€60,293 | -6.1% |
| Operating profit (loss) | 9901 | €258,905 | €210,160 | -€48,745 | -18.8% |
| Financial income | 75/76B | €14,292 | €31,786 | +€17,494 | +122% |
| Recurring financial income | 75 | €14,292 | €31,786 | +€17,494 | +122% |
| Financial charges | 65/66B | €1,854 | €5,863 | +€4,008 | +216% |
| Recurring financial charges | 65 | €1,854 | €5,863 | +€4,008 | +216% |
| Profit (loss) for the period before taxes | 9903 | €271,343 | €236,083 | -€35,260 | -13.0% |
| Income taxes | 67/77 | €83,330 | €68,736 | -€14,594 | -17.5% |
| Profit (loss) for the period | 9904 | €188,013 | €167,347 | -€20,666 | -11.0% |
| Profit (loss) for the period to be appropriated | 9905 | €188,013 | €167,347 | -€20,666 | -11.0% |
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.