Old Metals & Cables: 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.
Old Metals & Cables
Largest movements
- Receivables within one year +€109,081
up €109,081 (+124%), from €87,624 to €196,705
of which Trade receivables: +€109,033
- Stocks and contracts +€38,399
up €38,399 (+16.6%), from €231,095 to €269,494
- Cash +€34,710
up €34,710 (+123%), from €28,194 to €62,904
mainly Short-term financial debts (+€160,000) and Depreciation (+€50,640)
- Short-term financial debts +€160,000
up €160,000 (+114%), from €140,000 to €300,000
- Reserves +€27,200
up €27,200 (+31.1%), from €87,365 to €114,565
- Debts after one year -€23,660
down €23,660 (-25.8%), from €91,749 to €68,090
- Trade debts +€11,756
up €11,756 (+6.4%), from €182,836 to €194,592
- Current portion of long-term debt +€11,233
up €11,233 (+30.5%), from €36,875 to €48,108
- Gross operating margin +€108,960
up €108,960 (+45.8%), from €238,054 to €347,014
- Staff costs +€54,929
up €54,929 (+53.5%), from €102,676 to €157,604
- Financial charges +€30,376
up €30,376 (+158%), from €19,235 to €49,611
of which Non-recurring financial charges: +€21,000
- Other operating charges +€16,348
up €16,348 (+696%), from €2,348 to €18,696
- Depreciation +€7,252
up €7,252 (+16.7%), from €43,388 to €50,640
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 | €594,874 | €781,420 | +€186,546 | +31.4% |
| Fixed assets | 21/28 | €247,099 | €245,908 | -€1,191 | -0.5% |
| Intangible fixed assets | 21 | €2,883 | €1,997 | -€886 | -30.7% |
| Tangible fixed assets | 22/27 | €233,116 | €240,611 | +€7,495 | +3.2% |
| Land and buildings | 22 | €1,785 | €1,599 | -€187 | -10.4% |
| Plant, machinery and equipment | 23 | €207,305 | €153,984 | -€53,321 | -25.7% |
| Furniture and vehicles | 24 | €24,025 | €52,997 | +€28,972 | +121% |
| Other tangible fixed assets | 26 | - | €32,030 | +€32,030 | |
| Financial fixed assets | 28 | €11,100 | €3,300 | -€7,800 | -70.3% |
| Current assets | 29/58 | €347,775 | €535,512 | +€187,737 | +54.0% |
| Stocks and contracts in progress | 3 | €231,095 | €269,494 | +€38,399 | +16.6% |
| Stocks | 30/36 | €231,095 | €269,494 | +€38,399 | +16.6% |
| Amounts receivable within one year | 40/41 | €87,624 | €196,705 | +€109,081 | +124% |
| Trade receivables | 40 | €33,636 | €142,669 | +€109,033 | +324% |
| Other amounts receivable | 41 | €53,988 | €54,036 | +€48 | +0.1% |
| Cash at bank and in hand | 54/58 | €28,194 | €62,904 | +€34,710 | +123% |
| Deferred charges and accrued income | 490/1 | €862 | €6,409 | +€5,547 | +643% |
| Total equity and liabilities | 10/49 | €594,874 | €781,420 | +€186,546 | +31.4% |
| Equity | 10/15 | €102,365 | €129,565 | +€27,200 | +26.6% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €87,365 | €114,565 | +€27,200 | +31.1% |
| Distributable reserves | 133 | €87,365 | €114,565 | +€27,200 | +31.1% |
| Amounts payable | 17/49 | €492,509 | €651,855 | +€159,346 | +32.4% |
| Amounts payable after more than one year | 17 | €91,749 | €68,090 | -€23,660 | -25.8% |
| Financial debts | 170/4 | €91,749 | €68,090 | -€23,660 | -25.8% |
| Amounts payable within one year | 42/48 | €400,759 | €583,765 | +€183,006 | +45.7% |
| Current portion of amounts payable after more than one year | 42 | €36,875 | €48,108 | +€11,233 | +30.5% |
| Financial debts | 43 | €140,000 | €300,000 | +€160,000 | +114% |
| Credit institutions | 430/8 | €140,000 | €300,000 | +€160,000 | +114% |
| Trade debts | 44 | €182,836 | €194,592 | +€11,756 | +6.4% |
| Suppliers | 440/4 | €182,836 | €194,592 | +€11,756 | +6.4% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €31,928 | €41,066 | +€9,138 | +28.6% |
| Taxes | 450/3 | €17,433 | €16,774 | -€659 | -3.8% |
| Remuneration and social security | 454/9 | €14,495 | €24,292 | +€9,797 | +67.6% |
| Other amounts payable | 47/48 | €9,121 | €0 | -€9,121 | -100% |
| Remuneration, social security and pensions | 62 | €102,676 | €157,604 | +€54,929 | +53.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,388 | €50,640 | +€7,252 | +16.7% |
| Other operating charges | 640/8 | €2,348 | €18,696 | +€16,348 | +696% |
| Non-recurring operating charges | 66A | - | €27,682 | +€27,682 | |
| Gross operating margin | 9900 | €238,054 | €347,014 | +€108,960 | +45.8% |
| Operating profit (loss) | 9901 | €89,642 | €92,392 | +€2,750 | +3.1% |
| Financial income | 75/76B | €83 | €337 | +€253 | +304% |
| Recurring financial income | 75 | €83 | €337 | +€253 | +304% |
| Financial charges | 65/66B | €19,235 | €49,611 | +€30,376 | +158% |
| Recurring financial charges | 65 | €19,235 | €28,611 | +€9,376 | +48.7% |
| Non-recurring financial charges | 66B | - | €21,000 | +€21,000 | |
| Profit (loss) for the period before taxes | 9903 | €70,491 | €43,118 | -€27,373 | -38.8% |
| Income taxes | 67/77 | €17,433 | €15,918 | -€1,515 | -8.7% |
| Profit (loss) for the period | 9904 | €53,058 | €27,200 | -€25,858 | -48.7% |
| Profit (loss) for the period to be appropriated | 9905 | €53,058 | €27,200 | -€25,858 | -48.7% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.