Nebo Metaal: 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.
Nebo Metaal
Largest movements
- Tangible fixed assets +€30,785
up €30,785 (+16.9%), from €182,453 to €213,238
of which Plant, machinery and equipment: +€33,709
- Receivables within one year -€19,720
down €19,720 (-55.0%), from €35,859 to €16,139
of which Trade receivables: -€14,176
- Cash +€11,817
up €11,817 (+32.9%), from €35,918 to €47,735
mainly Depreciation (+€68,260) and Net result for the year (+€47,997)
- Stocks and contracts -€6,334
down €6,334 (-9.5%), from €66,645 to €60,311
of which Contracts in progress: -€14,901
- Reserves +€47,997
up €47,997 (+36.4%), from €131,804 to €179,801
- Debts after one year -€39,000
down €39,000 (-28.9%), from €135,000 to €96,000
- Tax, wage and social debts +€4,145
up €4,145 (+57.7%), from €7,179 to €11,324
- Gross operating margin +€44,035
up €44,035 (+43.2%), from €101,985 to €146,019
- Depreciation +€12,078
up €12,078 (+21.5%), from €56,182 to €68,260
- Taxes +€11,428
up €11,428 (+121%), from €9,458 to €20,885
- Staff costs -€4,090
no longer reported in 2025 (was €4,090)
- Financial charges -€1,587
down €1,587 (-15.4%), from €10,331 to €8,744
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 | €324,963 | €340,016 | +€15,053 | +4.6% |
| Fixed assets | 21/28 | €182,453 | €213,238 | +€30,785 | +16.9% |
| Tangible fixed assets | 22/27 | €182,453 | €213,238 | +€30,785 | +16.9% |
| Plant, machinery and equipment | 23 | €173,998 | €207,707 | +€33,709 | +19.4% |
| Furniture and vehicles | 24 | €8,455 | €5,531 | -€2,924 | -34.6% |
| Current assets | 29/58 | €142,511 | €126,778 | -€15,733 | -11.0% |
| Stocks and contracts in progress | 3 | €66,645 | €60,311 | -€6,334 | -9.5% |
| Stocks | 30/36 | €40,703 | €49,270 | +€8,567 | +21.0% |
| Contracts in progress | 37 | €25,942 | €11,041 | -€14,901 | -57.4% |
| Amounts receivable within one year | 40/41 | €35,859 | €16,139 | -€19,720 | -55.0% |
| Trade receivables | 40 | €28,765 | €14,590 | -€14,176 | -49.3% |
| Other amounts receivable | 41 | €7,094 | €1,550 | -€5,544 | -78.2% |
| Cash at bank and in hand | 54/58 | €35,918 | €47,735 | +€11,817 | +32.9% |
| Deferred charges and accrued income | 490/1 | €4,088 | €2,593 | -€1,495 | -36.6% |
| Total equity and liabilities | 10/49 | €324,963 | €340,016 | +€15,053 | +4.6% |
| Equity | 10/15 | €150,404 | €198,401 | +€47,997 | +31.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €131,804 | €179,801 | +€47,997 | +36.4% |
| Distributable reserves | 133 | €131,804 | €179,801 | +€47,997 | +36.4% |
| Amounts payable | 17/49 | €174,560 | €141,615 | -€32,945 | -18.9% |
| Amounts payable after more than one year | 17 | €135,000 | €96,000 | -€39,000 | -28.9% |
| Other amounts payable | 178/9 | €135,000 | €96,000 | -€39,000 | -28.9% |
| Amounts payable within one year | 42/48 | €38,974 | €44,793 | +€5,819 | +14.9% |
| Trade debts | 44 | €22,677 | €25,258 | +€2,581 | +11.4% |
| Suppliers | 440/4 | €22,677 | €25,258 | +€2,581 | +11.4% |
| Taxes, remuneration and social security | 45 | €7,179 | €11,324 | +€4,145 | +57.7% |
| Taxes | 450/3 | €7,179 | €11,324 | +€4,145 | +57.7% |
| Other amounts payable | 47/48 | €9,118 | €8,211 | -€907 | -9.9% |
| Accrued charges and deferred income | 492/3 | €586 | €822 | +€236 | +40.2% |
| Non-recurring operating income | 76A | - | €475 | +€475 | |
| Remuneration, social security and pensions | 62 | €4,090 | - | -€4,090 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €56,182 | €68,260 | +€12,078 | +21.5% |
| Other operating charges | 640/8 | €384 | €524 | +€140 | +36.5% |
| Gross operating margin | 9900 | €101,985 | €146,019 | +€44,035 | +43.2% |
| Operating profit (loss) | 9901 | €41,330 | €77,236 | +€35,906 | +86.9% |
| Financial income | 75/76B | €632 | €391 | -€241 | -38.1% |
| Recurring financial income | 75 | €632 | €391 | -€241 | -38.1% |
| Financial charges | 65/66B | €10,331 | €8,744 | -€1,587 | -15.4% |
| Recurring financial charges | 65 | €10,331 | €8,744 | -€1,587 | -15.4% |
| Profit (loss) for the period before taxes | 9903 | €31,631 | €68,883 | +€37,252 | +118% |
| Income taxes | 67/77 | €9,458 | €20,885 | +€11,428 | +121% |
| Profit (loss) for the period | 9904 | €22,174 | €47,997 | +€25,824 | +116% |
| Profit (loss) for the period to be appropriated | 9905 | €22,174 | €47,997 | +€25,824 | +116% |
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 31 October 2026 via checked.be.