METALLUM BELGIUM: what changed
METALLUM BELGIUM
Largest movements
- Receivables within one year -€52,181
down €52,181 (-25.1%), from €208,174 to €155,993
of which Trade receivables: -€51,033
- Stocks and contracts -€28,022
no longer reported in 2025 (was €28,022)
- Trade debts -€86,025
down €86,025 (-22.2%), from €387,395 to €301,370
- Profit (loss) carried forward +€13,934
up €13,934 (+26.2%), from -€53,082 to -€39,148
- Gross operating margin +€9,583
up €9,583 (+63.6%), from €15,068 to €24,651
- Financial income -€6,816
down €6,816 (-90.5%), from €7,530 to €714
- Depreciation -€3,415
down €3,415 (-73.0%), from €4,677 to €1,262
- Financial charges -€2,225
down €2,225 (-20.0%), from €11,132 to €8,907
- Taxes -€528
down €528 (-67.6%), from €781 to €253
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 | €354,995 | €280,822 | -€74,173 | -20.9% |
| Fixed assets | 21/28 | €3,486 | €6,619 | +€3,133 | +89.9% |
| Intangible fixed assets | 21 | €10 | - | -€10 | |
| Tangible fixed assets | 22/27 | €3,476 | €6,619 | +€3,143 | +90.4% |
| Plant, machinery and equipment | 23 | €3,476 | €6,619 | +€3,143 | +90.4% |
| Current assets | 29/58 | €351,509 | €274,203 | -€77,306 | -22.0% |
| Stocks and contracts in progress | 3 | €28,022 | - | -€28,022 | |
| Stocks | 30/36 | €28,022 | - | -€28,022 | |
| Amounts receivable within one year | 40/41 | €208,174 | €155,993 | -€52,181 | -25.1% |
| Trade receivables | 40 | €190,522 | €139,489 | -€51,033 | -26.8% |
| Other amounts receivable | 41 | €17,652 | €16,504 | -€1,148 | -6.5% |
| Cash at bank and in hand | 54/58 | €115,313 | €118,210 | +€2,897 | +2.5% |
| Total equity and liabilities | 10/49 | €354,995 | €280,822 | -€74,173 | -20.9% |
| Equity | 10/15 | -€34,482 | -€20,548 | +€13,934 | +40.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€53,082 | -€39,148 | +€13,934 | +26.2% |
| Amounts payable | 17/49 | €389,477 | €301,370 | -€88,107 | -22.6% |
| Amounts payable within one year | 42/48 | €389,477 | €301,370 | -€88,107 | -22.6% |
| Trade debts | 44 | €387,395 | €301,370 | -€86,025 | -22.2% |
| Suppliers | 440/4 | €387,395 | €301,370 | -€86,025 | -22.2% |
| Taxes, remuneration and social security | 45 | €2,082 | - | -€2,082 | |
| Taxes | 450/3 | €2,082 | - | -€2,082 | |
| Non-recurring operating income | 76A | €3,959 | - | -€3,959 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,677 | €1,262 | -€3,415 | -73.0% |
| Other operating charges | 640/8 | €1,040 | €1,009 | -€31 | -3.0% |
| Gross operating margin | 9900 | €15,068 | €24,651 | +€9,583 | +63.6% |
| Operating profit (loss) | 9901 | €9,351 | €22,380 | +€13,029 | +139% |
| Financial income | 75/76B | €7,530 | €714 | -€6,816 | -90.5% |
| Recurring financial income | 75 | €7,530 | €714 | -€6,816 | -90.5% |
| Financial charges | 65/66B | €11,132 | €8,907 | -€2,225 | -20.0% |
| Recurring financial charges | 65 | €11,132 | €8,907 | -€2,225 | -20.0% |
| Profit (loss) for the period before taxes | 9903 | €5,749 | €14,187 | +€8,438 | +147% |
| Income taxes | 67/77 | €781 | €253 | -€528 | -67.6% |
| Profit (loss) for the period | 9904 | €4,968 | €13,934 | +€8,966 | +180% |
| Profit (loss) for the period to be appropriated | 9905 | €4,968 | €13,934 | +€8,966 | +180% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.