Metaweld: 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.
Metaweld
Largest movements
- Tangible fixed assets +€8,115
up €8,115 (+41.9%), from €19,369 to €27,484
of which Plant, machinery and equipment: +€11,896
- Receivables within one year +€7,057
up €7,057 (+87.7%), from €8,047 to €15,104
- Financial fixed assets +€3,075
up €3,075 (+1,075%), from €286 to €3,361
- Cash +€1,446
up €1,446 (+17.6%), from €8,227 to €9,673
mainly Net result for the year (+€17,637) and Depreciation (+€10,830)
- Deferred charges and accrued income +€772
new in 2025: €772
- Profit (loss) carried forward +€9,592
no longer reported in 2025 (was -€9,592)
- Reserves +€8,046
new in 2025: €8,046
- Tax, wage and social debts +€7,728
up €7,728 (+222%), from €3,480 to €11,208
- Debts after one year -€2,870
down €2,870 (-32.3%), from €8,895 to €6,025
- Other debts -€1,987
down €1,987 (-16.1%), from €12,333 to €10,347
- Gross operating margin +€17,425
up €17,425 (+73.1%), from €23,832 to €41,257
- Depreciation +€5,168
up €5,168 (+91.3%), from €5,662 to €10,830
- Taxes +€3,697
new in 2025: €3,697
- Other operating charges -€720
down €720 (-20.7%), from €3,474 to €2,754
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 | €35,929 | €56,394 | +€20,465 | +57.0% |
| Fixed assets | 21/28 | €19,655 | €30,845 | +€11,190 | +56.9% |
| Tangible fixed assets | 22/27 | €19,369 | €27,484 | +€8,115 | +41.9% |
| Plant, machinery and equipment | 23 | €6,438 | €18,335 | +€11,896 | +185% |
| Furniture and vehicles | 24 | €12,931 | €9,150 | -€3,781 | -29.2% |
| Financial fixed assets | 28 | €286 | €3,361 | +€3,075 | +1,075% |
| Current assets | 29/58 | €16,274 | €25,549 | +€9,275 | +57.0% |
| Amounts receivable within one year | 40/41 | €8,047 | €15,104 | +€7,057 | +87.7% |
| Trade receivables | 40 | €8,047 | €15,104 | +€7,057 | +87.7% |
| Cash at bank and in hand | 54/58 | €8,227 | €9,673 | +€1,446 | +17.6% |
| Deferred charges and accrued income | 490/1 | - | €772 | +€772 | |
| Total equity and liabilities | 10/49 | €35,929 | €56,394 | +€20,465 | +57.0% |
| Equity | 10/15 | -€6,592 | €11,046 | +€17,637 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | - | €8,046 | +€8,046 | |
| Distributable reserves | 133 | - | €8,046 | +€8,046 | |
| Profit (loss) carried forward | 14 | -€9,592 | - | +€9,592 | |
| Amounts payable | 17/49 | €42,521 | €45,349 | +€2,828 | +6.7% |
| Amounts payable after more than one year | 17 | €8,895 | €6,025 | -€2,870 | -32.3% |
| Financial debts | 170/4 | €8,895 | €6,025 | -€2,870 | -32.3% |
| Amounts payable within one year | 42/48 | €33,626 | €39,324 | +€5,698 | +16.9% |
| Current portion of amounts payable after more than one year | 42 | €12,909 | €11,272 | -€1,637 | -12.7% |
| Trade debts | 44 | €4,903 | €6,497 | +€1,594 | +32.5% |
| Suppliers | 440/4 | €4,903 | €6,497 | +€1,594 | +32.5% |
| Taxes, remuneration and social security | 45 | €3,480 | €11,208 | +€7,728 | +222% |
| Taxes | 450/3 | €3,480 | €11,208 | +€7,728 | +222% |
| Other amounts payable | 47/48 | €12,333 | €10,347 | -€1,987 | -16.1% |
| Non-recurring operating income | 76A | €2,581 | - | -€2,581 | |
| Remuneration, social security and pensions | 62 | - | €403 | +€403 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,662 | €10,830 | +€5,168 | +91.3% |
| Other operating charges | 640/8 | €3,474 | €2,754 | -€720 | -20.7% |
| Non-recurring operating charges | 66A | - | €2,491 | +€2,491 | |
| Gross operating margin | 9900 | €23,832 | €41,257 | +€17,425 | +73.1% |
| Operating profit (loss) | 9901 | €14,696 | €24,779 | +€10,083 | +68.6% |
| Financial income | 75/76B | €2 | €0 | -€2 | -99.1% |
| Recurring financial income | 75 | €2 | €0 | -€2 | -99.1% |
| Financial charges | 65/66B | €3,069 | €3,444 | +€375 | +12.2% |
| Recurring financial charges | 65 | €3,069 | €3,444 | +€375 | +12.2% |
| Profit (loss) for the period before taxes | 9903 | €11,629 | €21,334 | +€9,706 | +83.5% |
| Income taxes | 67/77 | - | €3,697 | +€3,697 | |
| Profit (loss) for the period | 9904 | €11,629 | €17,637 | +€6,009 | +51.7% |
| Profit (loss) for the period to be appropriated | 9905 | €11,629 | €17,637 | +€6,009 | +51.7% |
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 14 October 2026 via checked.be.