Metallum: what changed
Metallum
Largest movements
- Cash +€8,784
up €8,784 (+48.7%), from €18,019 to €26,803
mainly Net result for the year (+€56,553) and Receivables within one year (+€7,476)
- Receivables within one year -€7,476
down €7,476 (-11.3%), from €66,394 to €58,917
of which Trade receivables: -€7,122
- Reserves +€56,553
up €56,553 (+82.8%), from €68,316 to €124,869
- Debts after one year -€46,315
down €46,315 (-31.0%), from €149,290 to €102,976
- Accrued charges and deferred income -€12,535
down €12,535 (-100%), from €12,535 to €0
- Other debts +€5,755
up €5,755 (+27.2%), from €21,171 to €26,926
- Staff costs -€41,946
down €41,946 (-88.4%), from €47,436 to €5,490
- Taxes +€8,682
up €8,682 (+132%), from €6,583 to €15,265
- Gross operating margin +€3,655
up €3,655 (+4.5%), from €81,190 to €84,844
- Other operating charges +€2,538
up €2,538 (+521%), from €487 to €3,025
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €521,613 | €522,920 | +€1,307 | +0.3% |
| Fixed assets | 21/28 | €437,200 | €437,200 | = | 0.0% |
| Financial fixed assets | 28 | €437,200 | €437,200 | = | 0.0% |
| Current assets | 29/58 | €84,413 | €85,720 | +€1,307 | +1.5% |
| Amounts receivable within one year | 40/41 | €66,394 | €58,917 | -€7,476 | -11.3% |
| Trade receivables | 40 | €62,903 | €55,781 | -€7,122 | -11.3% |
| Other amounts receivable | 41 | €3,491 | €3,136 | -€354 | -10.2% |
| Cash at bank and in hand | 54/58 | €18,019 | €26,803 | +€8,784 | +48.7% |
| Total equity and liabilities | 10/49 | €521,613 | €522,920 | +€1,307 | +0.3% |
| Equity | 10/15 | €198,316 | €254,869 | +€56,553 | +28.5% |
| Contributions | 10/11 | €130,000 | €130,000 | = | 0.0% |
| Reserves | 13 | €68,316 | €124,869 | +€56,553 | +82.8% |
| Distributable reserves | 133 | €68,316 | €124,869 | +€56,553 | +82.8% |
| Amounts payable | 17/49 | €323,297 | €268,051 | -€55,246 | -17.1% |
| Amounts payable after more than one year | 17 | €149,290 | €102,976 | -€46,315 | -31.0% |
| Financial debts | 170/4 | €149,290 | €102,976 | -€46,315 | -31.0% |
| Amounts payable within one year | 42/48 | €161,472 | €165,076 | +€3,604 | +2.2% |
| Current portion of amounts payable after more than one year | 42 | €45,565 | €46,315 | +€749 | +1.6% |
| Trade debts | 44 | €58,344 | €54,926 | -€3,418 | -5.9% |
| Suppliers | 440/4 | €58,344 | €54,926 | -€3,418 | -5.9% |
| Taxes, remuneration and social security | 45 | €36,392 | €36,910 | +€518 | +1.4% |
| Taxes | 450/3 | €24,423 | €35,647 | +€11,224 | +46.0% |
| Remuneration and social security | 454/9 | €11,968 | €1,263 | -€10,706 | -89.5% |
| Other amounts payable | 47/48 | €21,171 | €26,926 | +€5,755 | +27.2% |
| Accrued charges and deferred income | 492/3 | €12,535 | €0 | -€12,535 | -100% |
| Remuneration, social security and pensions | 62 | €47,436 | €5,490 | -€41,946 | -88.4% |
| Other operating charges | 640/8 | €487 | €3,025 | +€2,538 | +521% |
| Gross operating margin | 9900 | €81,190 | €84,844 | +€3,655 | +4.5% |
| Operating profit (loss) | 9901 | €33,266 | €76,329 | +€43,063 | +129% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €3,848 | €4,511 | +€663 | +17.2% |
| Recurring financial charges | 65 | €3,848 | €4,511 | +€663 | +17.2% |
| Profit (loss) for the period before taxes | 9903 | €29,419 | €71,818 | +€42,400 | +144% |
| Income taxes | 67/77 | €6,583 | €15,265 | +€8,682 | +132% |
| Profit (loss) for the period | 9904 | €22,836 | €56,553 | +€33,718 | +148% |
| Profit (loss) for the period to be appropriated | 9905 | €22,836 | €56,553 | +€33,718 | +148% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.