NEMETAL: 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.
NEMETAL
Largest movements
- Receivables within one year +€26,025
up €26,025 (+8.2%), from €315,608 to €341,633
of which Other amounts receivable: +€20,491
- Cash -€16,116
down €16,116 (-23.6%), from €68,233 to €52,117
mainly Debts after one year (-€30,000) and Receivables within one year (-€26,025)
- Debts after one year -€30,000
down €30,000 (-20.0%), from €150,000 to €120,000
- Trade debts +€19,801
up €19,801 (+19.2%), from €103,291 to €123,092
- Profit (loss) carried forward +€16,666
up €16,666 (+3.1%), from €540,604 to €557,270
- Staff costs +€11,333
up €11,333 (+4.2%), from €268,780 to €280,113
- Write-downs -€9,771
down €9,771 (-86.7%), from €11,276 to €1,505
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 | €922,779 | €928,402 | +€5,622 | +0.6% |
| Fixed assets | 21/28 | €20,462 | €17,463 | -€2,999 | -14.7% |
| Tangible fixed assets | 22/27 | €20,462 | €17,463 | -€2,999 | -14.7% |
| Plant, machinery and equipment | 23 | €2,920 | €2,585 | -€335 | -11.5% |
| Furniture and vehicles | 24 | €17,399 | €14,806 | -€2,593 | -14.9% |
| Other tangible fixed assets | 26 | €144 | €72 | -€72 | -49.9% |
| Current assets | 29/58 | €902,317 | €910,939 | +€8,622 | +1.0% |
| Stocks and contracts in progress | 3 | €503,882 | €502,132 | -€1,750 | -0.3% |
| Stocks | 30/36 | €503,882 | €502,132 | -€1,750 | -0.3% |
| Amounts receivable within one year | 40/41 | €315,608 | €341,633 | +€26,025 | +8.2% |
| Trade receivables | 40 | €304,402 | €309,936 | +€5,534 | +1.8% |
| Other amounts receivable | 41 | €11,206 | €31,697 | +€20,491 | +183% |
| Cash at bank and in hand | 54/58 | €68,233 | €52,117 | -€16,116 | -23.6% |
| Deferred charges and accrued income | 490/1 | €14,593 | €15,057 | +€463 | +3.2% |
| Total equity and liabilities | 10/49 | €922,779 | €928,402 | +€5,622 | +0.6% |
| Equity | 10/15 | €615,173 | €631,839 | +€16,666 | +2.7% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €13,069 | €13,069 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Distributable reserves | 133 | €6,919 | €6,919 | = | 0.0% |
| Profit (loss) carried forward | 14 | €540,604 | €557,270 | +€16,666 | +3.1% |
| Amounts payable | 17/49 | €307,607 | €296,563 | -€11,044 | -3.6% |
| Amounts payable after more than one year | 17 | €150,000 | €120,000 | -€30,000 | -20.0% |
| Financial debts | 170/4 | €150,000 | €120,000 | -€30,000 | -20.0% |
| Amounts payable within one year | 42/48 | €150,107 | €169,318 | +€19,211 | +12.8% |
| Trade debts | 44 | €103,291 | €123,092 | +€19,801 | +19.2% |
| Suppliers | 440/4 | €103,291 | €123,092 | +€19,801 | +19.2% |
| Taxes, remuneration and social security | 45 | €46,816 | €46,226 | -€590 | -1.3% |
| Taxes | 450/3 | €13,892 | €15,686 | +€1,794 | +12.9% |
| Remuneration and social security | 454/9 | €32,924 | €30,540 | -€2,384 | -7.2% |
| Accrued charges and deferred income | 492/3 | €7,500 | €7,245 | -€255 | -3.4% |
| Remuneration, social security and pensions | 62 | €268,780 | €280,113 | +€11,333 | +4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,932 | €5,283 | +€1,351 | +34.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €11,276 | €1,505 | -€9,771 | -86.7% |
| Other operating charges | 640/8 | €1,741 | €1,662 | -€78 | -4.5% |
| Gross operating margin | 9900 | €312,350 | €313,837 | +€1,487 | +0.5% |
| Operating profit (loss) | 9901 | €26,622 | €25,273 | -€1,348 | -5.1% |
| Financial income | 75/76B | €5,940 | €4,659 | -€1,281 | -21.6% |
| Recurring financial income | 75 | €5,940 | €4,659 | -€1,281 | -21.6% |
| Financial charges | 65/66B | €7,843 | €7,483 | -€360 | -4.6% |
| Recurring financial charges | 65 | €7,843 | €7,483 | -€360 | -4.6% |
| Profit (loss) for the period before taxes | 9903 | €24,719 | €22,450 | -€2,269 | -9.2% |
| Income taxes | 67/77 | €6,331 | €5,784 | -€547 | -8.6% |
| Profit (loss) for the period | 9904 | €18,388 | €16,666 | -€1,722 | -9.4% |
| Profit (loss) for the period to be appropriated | 9905 | €18,388 | €16,666 | -€1,722 | -9.4% |
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 17 October 2026 via checked.be.