PC Metal: 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.
PC Metal
Largest movements
- Receivables within one year -€35,186
down €35,186 (-52.6%), from €66,956 to €31,770
of which Trade receivables: -€34,754
- Tangible fixed assets -€16,321
down €16,321 (-25.4%), from €64,233 to €47,912
of which Furniture and vehicles: -€15,274
- Cash +€10,590
up €10,590 (+46.9%), from €22,565 to €33,155
mainly Receivables within one year (+€35,186) and Depreciation (+€22,971)
- Trade debts -€27,169
down €27,169 (-80.2%), from €33,892 to €6,723
- Reserves +€11,753
up €11,753 (+30.7%), from €38,291 to €50,044
of which Distributable reserves: +€15,993
- Debts after one year -€11,588
down €11,588 (-79.8%), from €14,521 to €2,933
- Other debts -€9,010
down €9,010 (-15.8%), from €56,951 to €47,941
- Tax, wage and social debts -€2,877
down €2,877 (-34.8%), from €8,268 to €5,391
- Write-downs -€14,068
no longer reported in 2025 (was €14,068)
- Gross operating margin +€5,588
up €5,588 (+17.2%), from €32,515 to €38,103
- Taxes +€1,932
up €1,932 (+1136.5%), from €170 to €2,102
- Other operating charges -€1,461
down €1,461 (-42.2%), from €3,466 to €2,004
- Depreciation -€1,147
down €1,147 (-4.8%), from €24,117 to €22,971
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.
Cash bridge derived
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 | €179,411 | €138,446 | -€40,965 | -22.8% |
| Fixed assets | 21/28 | €64,233 | €47,912 | -€16,321 | -25.4% |
| Tangible fixed assets | 22/27 | €64,233 | €47,912 | -€16,321 | -25.4% |
| Plant, machinery and equipment | 23 | €9,198 | €11,336 | +€2,138 | +23.2% |
| Furniture and vehicles | 24 | €28,458 | €13,183 | -€15,274 | -53.7% |
| Other tangible fixed assets | 26 | €26,577 | €23,393 | -€3,184 | -12.0% |
| Current assets | 29/58 | €115,178 | €90,534 | -€24,644 | -21.4% |
| Stocks and contracts in progress | 3 | €25,000 | €25,000 | = | 0.0% |
| Stocks | 30/36 | €25,000 | €25,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €66,956 | €31,770 | -€35,186 | -52.6% |
| Trade receivables | 40 | €64,626 | €29,872 | -€34,754 | -53.8% |
| Other amounts receivable | 41 | €2,330 | €1,898 | -€432 | -18.5% |
| Cash at bank and in hand | 54/58 | €22,565 | €33,155 | +€10,590 | +46.9% |
| Deferred charges and accrued income | 490/1 | €657 | €609 | -€48 | -7.3% |
| Total equity and liabilities | 10/49 | €179,411 | €138,446 | -€40,965 | -22.8% |
| Equity | 10/15 | €50,691 | €62,444 | +€11,753 | +23.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €38,291 | €50,044 | +€11,753 | +30.7% |
| Tax-exempt reserves | 132 | €9,187 | €4,947 | -€4,240 | -46.2% |
| Distributable reserves | 133 | €29,104 | €45,097 | +€15,993 | +55.0% |
| Provisions and deferred taxes | 16 | €2,297 | €1,237 | -€1,060 | -46.2% |
| Deferred taxes | 168 | €2,297 | €1,237 | -€1,060 | -46.2% |
| Amounts payable | 17/49 | €126,423 | €74,765 | -€51,658 | -40.9% |
| Amounts payable after more than one year | 17 | €14,521 | €2,933 | -€11,588 | -79.8% |
| Financial debts | 170/4 | €14,521 | €2,933 | -€11,588 | -79.8% |
| Amounts payable within one year | 42/48 | €111,902 | €71,643 | -€40,259 | -36.0% |
| Current portion of amounts payable after more than one year | 42 | €12,791 | €11,588 | -€1,203 | -9.4% |
| Trade debts | 44 | €33,892 | €6,723 | -€27,169 | -80.2% |
| Suppliers | 440/4 | €33,892 | €6,723 | -€27,169 | -80.2% |
| Taxes, remuneration and social security | 45 | €8,268 | €5,391 | -€2,877 | -34.8% |
| Taxes | 450/3 | €8,268 | €5,391 | -€2,877 | -34.8% |
| Other amounts payable | 47/48 | €56,951 | €47,941 | -€9,010 | -15.8% |
| Accrued charges and deferred income | 492/3 | - | €189 | +€189 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,117 | €22,971 | -€1,147 | -4.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €14,068 | - | -€14,068 | |
| Other operating charges | 640/8 | €3,466 | €2,004 | -€1,461 | -42.2% |
| Gross operating margin | 9900 | €32,515 | €38,103 | +€5,588 | +17.2% |
| Operating profit (loss) | 9901 | -€9,136 | €13,128 | +€22,264 | |
| Financial income | 75/76B | €313 | €228 | -€85 | -27.0% |
| Recurring financial income | 75 | €313 | €228 | -€85 | -27.0% |
| Financial charges | 65/66B | €984 | €561 | -€422 | -42.9% |
| Recurring financial charges | 65 | €984 | €561 | -€422 | -42.9% |
| Profit (loss) for the period before taxes | 9903 | -€9,807 | €12,795 | +€22,602 | |
| Transfer from deferred taxes | 780 | €1,060 | €1,060 | = | 0.0% |
| Income taxes | 67/77 | €170 | €2,102 | +€1,932 | +1136.5% |
| Profit (loss) for the period | 9904 | -€8,917 | €11,753 | +€20,670 | |
| Transfer from tax-exempt reserves | 789 | €4,240 | €4,240 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,677 | €15,993 | +€20,670 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.