MPS Aluminium: 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.
MPS Aluminium
Largest movements
- Tangible fixed assets -€60,359
down €60,359 (-10.0%), from €601,201 to €540,842
- Receivables within one year +€8,699
up €8,699 (+49.6%), from €17,531 to €26,231
- Trade debts -€58,181
down €58,181 (-68.8%), from €84,625 to €26,444
- Debts after one year -€49,638
down €49,638 (-11.0%), from €449,333 to €399,695
- Other debts +€20,387
up €20,387 (+164%), from €12,412 to €32,799
- Short-term financial debts +€16,247
up €16,247 (+24.7%), from €65,683 to €81,930
- Tax, wage and social debts +€9,832
up €9,832 (+61.7%), from €15,930 to €25,762
- Gross operating margin +€6,107
up €6,107 (+7.1%), from €85,446 to €91,554
- Taxes +€2,360
up €2,360 (+254%), from €931 to €3,291
- Depreciation +€1,957
up €1,957 (+3.4%), from €58,402 to €60,359
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €756,024 | €704,472 | -€51,552 | -6.8% |
| Fixed assets | 21/28 | €601,366 | €541,007 | -€60,359 | -10.0% |
| Tangible fixed assets | 22/27 | €601,201 | €540,842 | -€60,359 | -10.0% |
| Land and buildings | 22 | €477,546 | €449,306 | -€28,240 | -5.9% |
| Plant, machinery and equipment | 23 | €110,994 | €89,828 | -€21,166 | -19.1% |
| Furniture and vehicles | 24 | €12,662 | €1,709 | -€10,953 | -86.5% |
| Financial fixed assets | 28 | €165 | €165 | = | 0.0% |
| Current assets | 29/58 | €154,658 | €163,465 | +€8,807 | +5.7% |
| Stocks and contracts in progress | 3 | €137,126 | €137,234 | +€108 | +0.1% |
| Stocks | 30/36 | €60,646 | €137,234 | +€76,588 | +126% |
| Contracts in progress | 37 | €76,480 | - | -€76,480 | |
| Amounts receivable within one year | 40/41 | €17,531 | €26,231 | +€8,699 | +49.6% |
| Trade receivables | 40 | €17,531 | €26,231 | +€8,699 | +49.6% |
| Total equity and liabilities | 10/49 | €756,024 | €704,472 | -€51,552 | -6.8% |
| Equity | 10/15 | €95,911 | €105,689 | +€9,778 | +10.2% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €85,911 | €95,689 | +€9,778 | +11.4% |
| Distributable reserves | 133 | €85,911 | €95,689 | +€9,778 | +11.4% |
| Amounts payable | 17/49 | €660,113 | €598,783 | -€61,330 | -9.3% |
| Amounts payable after more than one year | 17 | €449,333 | €399,695 | -€49,638 | -11.0% |
| Financial debts | 170/4 | €449,333 | €399,695 | -€49,638 | -11.0% |
| Amounts payable within one year | 42/48 | €210,780 | €199,088 | -€11,692 | -5.5% |
| Current portion of amounts payable after more than one year | 42 | €32,131 | €32,153 | +€22 | +0.1% |
| Financial debts | 43 | €65,683 | €81,930 | +€16,247 | +24.7% |
| Credit institutions | 430/8 | €65,683 | €81,930 | +€16,247 | +24.7% |
| Trade debts | 44 | €84,625 | €26,444 | -€58,181 | -68.8% |
| Suppliers | 440/4 | €84,625 | €26,444 | -€58,181 | -68.8% |
| Taxes, remuneration and social security | 45 | €15,930 | €25,762 | +€9,832 | +61.7% |
| Taxes | 450/3 | €15,930 | €25,762 | +€9,832 | +61.7% |
| Other amounts payable | 47/48 | €12,412 | €32,799 | +€20,387 | +164% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,402 | €60,359 | +€1,957 | +3.4% |
| Other operating charges | 640/8 | €3,617 | €2,828 | -€789 | -21.8% |
| Gross operating margin | 9900 | €85,446 | €91,554 | +€6,107 | +7.1% |
| Operating profit (loss) | 9901 | €23,427 | €28,366 | +€4,939 | +21.1% |
| Financial income | 75/76B | €59 | €0 | -€59 | -99.8% |
| Recurring financial income | 75 | €59 | €0 | -€59 | -99.8% |
| Financial charges | 65/66B | €14,644 | €15,298 | +€653 | +4.5% |
| Recurring financial charges | 65 | €14,644 | €15,298 | +€653 | +4.5% |
| Profit (loss) for the period before taxes | 9903 | €8,841 | €13,069 | +€4,228 | +47.8% |
| Income taxes | 67/77 | €931 | €3,291 | +€2,360 | +254% |
| Profit (loss) for the period | 9904 | €7,911 | €9,778 | +€1,867 | +23.6% |
| Profit (loss) for the period to be appropriated | 9905 | €7,911 | €9,778 | +€1,867 | +23.6% |
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 27 October 2026 via checked.be.