Metallum plus: 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.
Metallum plus
Largest movements
- Stocks and contracts +€10,682
up €10,682 (+123%), from €8,718 to €19,400
of which Contracts in progress: +€12,350
- Receivables within one year +€6,375
up €6,375 (+8.1%), from €78,347 to €84,722
of which Trade receivables: +€5,272
- Tangible fixed assets -€2,252
down €2,252 (-40.2%), from €5,595 to €3,344
- Deferred charges and accrued income +€1,681
up €1,681 (+501%), from €336 to €2,017
- Trade debts +€24,029
up €24,029 (+73.8%), from €32,582 to €56,611
- Tax, wage and social debts -€8,699
down €8,699 (-29.8%), from €29,188 to €20,489
of which Remuneration and social security: -€9,876
- Profit (loss) carried forward +€1,469
up €1,469 (+78.3%), from -€1,878 to -€408
- Staff costs -€17,194
down €17,194 (-10.6%), from €162,087 to €144,893
- Gross operating margin -€6,525
down €6,525 (-3.9%), from €169,112 to €162,587
- Financial charges +€4,613
up €4,613 (+161%), from €2,871 to €7,484
- Taxes +€3,141
up €3,141 (+129%), from €2,430 to €5,572
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 | €93,413 | €109,514 | +€16,101 | +17.2% |
| Fixed assets | 21/28 | €5,595 | €3,344 | -€2,252 | -40.2% |
| Tangible fixed assets | 22/27 | €5,595 | €3,344 | -€2,252 | -40.2% |
| Furniture and vehicles | 24 | €5,595 | €3,344 | -€2,252 | -40.2% |
| Current assets | 29/58 | €87,818 | €106,170 | +€18,353 | +20.9% |
| Stocks and contracts in progress | 3 | €8,718 | €19,400 | +€10,682 | +123% |
| Stocks | 30/36 | €3,168 | €1,500 | -€1,668 | -52.7% |
| Contracts in progress | 37 | €5,550 | €17,900 | +€12,350 | +223% |
| Amounts receivable within one year | 40/41 | €78,347 | €84,722 | +€6,375 | +8.1% |
| Trade receivables | 40 | €74,840 | €80,112 | +€5,272 | +7.0% |
| Other amounts receivable | 41 | €3,507 | €4,610 | +€1,103 | +31.4% |
| Cash at bank and in hand | 54/58 | €417 | €31 | -€386 | -92.5% |
| Deferred charges and accrued income | 490/1 | €336 | €2,017 | +€1,681 | +501% |
| Total equity and liabilities | 10/49 | €93,413 | €109,514 | +€16,101 | +17.2% |
| Equity | 10/15 | €29,901 | €31,370 | +€1,469 | +4.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €26,779 | €26,779 | = | 0.0% |
| Distributable reserves | 133 | €26,779 | €26,779 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,878 | -€408 | +€1,469 | +78.3% |
| Amounts payable | 17/49 | €63,512 | €78,144 | +€14,632 | +23.0% |
| Amounts payable within one year | 42/48 | €63,211 | €78,144 | +€14,932 | +23.6% |
| Financial debts | 43 | €1,442 | €1,044 | -€398 | -27.6% |
| Credit institutions | 430/8 | €1,442 | €1,044 | -€398 | -27.6% |
| Trade debts | 44 | €32,582 | €56,611 | +€24,029 | +73.8% |
| Suppliers | 440/4 | €32,582 | €56,611 | +€24,029 | +73.8% |
| Taxes, remuneration and social security | 45 | €29,188 | €20,489 | -€8,699 | -29.8% |
| Taxes | 450/3 | €15,868 | €17,046 | +€1,178 | +7.4% |
| Remuneration and social security | 454/9 | €13,320 | €3,443 | -€9,876 | -74.1% |
| Accrued charges and deferred income | 492/3 | €301 | €0 | -€301 | -100% |
| Remuneration, social security and pensions | 62 | €162,087 | €144,893 | -€17,194 | -10.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,945 | €2,252 | -€693 | -23.5% |
| Other operating charges | 640/8 | €743 | €1,098 | +€355 | +47.8% |
| Gross operating margin | 9900 | €169,112 | €162,587 | -€6,525 | -3.9% |
| Operating profit (loss) | 9901 | €3,338 | €14,344 | +€11,006 | +330% |
| Financial income | 75/76B | €86 | €180 | +€94 | +110% |
| Recurring financial income | 75 | €86 | €180 | +€94 | +110% |
| Financial charges | 65/66B | €2,871 | €7,484 | +€4,613 | +161% |
| Recurring financial charges | 65 | €2,871 | €7,484 | +€4,613 | +161% |
| Profit (loss) for the period before taxes | 9903 | €553 | €7,041 | +€6,488 | +1,174% |
| Income taxes | 67/77 | €2,430 | €5,572 | +€3,141 | +129% |
| Profit (loss) for the period | 9904 | -€1,878 | €1,469 | +€3,347 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,878 | €1,469 | +€3,347 |
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 22 October 2026 via checked.be.