METALOGY: what changed
Two fiscal 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.
METALOGY
Largest movements
- Receivables within one year -€27,203
down €27,203 (-14.4%), from €189,172 to €161,969
- Tangible fixed assets -€13,966
down €13,966 (-34.2%), from €40,861 to €26,895
of which Plant, machinery and equipment: -€10,572
- Cash +€6,026
up €6,026 (+199.1%), from €3,027 to €9,053
mainly Receivables within one year (+€27,203) and Depreciation (+€17,230)
- Other debts -€21,322
down €21,322 (-2.0%), from €1.0m to €1.0m
- Profit (loss) carried forward -€11,981
down €11,981 (-1.4%), from -€877,012 to -€888,993
- Turnover -€96,424
no longer reported in 2025 (was €96,424)
- Purchases and services -€71,348
no longer reported in 2025 (was €71,348)
- Gross operating margin -€22,270
down €22,270 (-67.9%), from €32,803 to €10,533
- Depreciation -€3,834
down €3,834 (-18.2%), from €21,064 to €17,230
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.
Cash bridge derived
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 | €236,905 | €201,708 | -€35,197 | -14.9% |
| Fixed assets | 21/28 | €41,814 | €27,848 | -€13,966 | -33.4% |
| Tangible fixed assets | 22/27 | €40,861 | €26,895 | -€13,966 | -34.2% |
| Plant, machinery and equipment | 23 | €32,688 | €22,116 | -€10,572 | -32.3% |
| Furniture and vehicles | 24 | €8,172 | €4,779 | -€3,393 | -41.5% |
| Financial fixed assets | 28 | €953 | €953 | = | 0.0% |
| Current assets | 29/58 | €195,092 | €173,860 | -€21,232 | -10.9% |
| Stocks and contracts in progress | 3 | €1,500 | €1,500 | = | 0.0% |
| Stocks | 30/36 | €1,500 | €1,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €189,172 | €161,969 | -€27,203 | -14.4% |
| Trade receivables | 40 | €189,172 | €161,969 | -€27,203 | -14.4% |
| Cash at bank and in hand | 54/58 | €3,027 | €9,053 | +€6,026 | +199.1% |
| Deferred charges and accrued income | 490/1 | €1,392 | €1,338 | -€54 | -3.9% |
| Total equity and liabilities | 10/49 | €236,905 | €201,708 | -€35,197 | -14.9% |
| Equity | 10/15 | -€815,039 | -€827,020 | -€11,981 | -1.5% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€877,012 | -€888,993 | -€11,981 | -1.4% |
| Amounts payable | 17/49 | €1,051,944 | €1,028,728 | -€23,216 | -2.2% |
| Amounts payable within one year | 42/48 | €1,051,944 | €1,028,728 | -€23,216 | -2.2% |
| Trade debts | 44 | €2,128 | €1,251 | -€876 | -41.2% |
| Suppliers | 440/4 | €2,128 | €1,251 | -€876 | -41.2% |
| Taxes, remuneration and social security | 45 | €5,581 | €4,563 | -€1,018 | -18.2% |
| Taxes | 450/3 | €5,581 | €4,563 | -€1,018 | -18.2% |
| Other amounts payable | 47/48 | €1,044,235 | €1,022,913 | -€21,322 | -2.0% |
| Turnover | 70 | €96,424 | - | -€96,424 | |
| Goods, raw materials, services and sundry goods | 60/61 | €71,348 | - | -€71,348 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,064 | €17,230 | -€3,834 | -18.2% |
| Other operating charges | 640/8 | €4,253 | €4,864 | +€612 | +14.4% |
| Gross operating margin | 9900 | €32,803 | €10,533 | -€22,270 | -67.9% |
| Operating profit (loss) | 9901 | €7,487 | -€11,561 | -€19,047 | |
| Financial income | 75/76B | €3 | €13 | +€10 | +312.9% |
| Recurring financial income | 75 | €3 | €13 | +€10 | +312.9% |
| Financial charges | 65/66B | €45 | €143 | +€98 | +217.8% |
| Recurring financial charges | 65 | €45 | €143 | +€98 | +217.8% |
| Profit (loss) for the period before taxes | 9903 | €7,445 | -€11,690 | -€19,135 | |
| Income taxes | 67/77 | €286 | €291 | +€4 | +1.5% |
| Profit (loss) for the period | 9904 | €7,158 | -€11,981 | -€19,140 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,158 | -€11,981 | -€19,140 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.