RG Métal Concept: 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.
RG Métal Concept
Largest movements
- Tangible fixed assets +€106,602
up €106,602 (+401%), from €26,594 to €133,197
of which Furniture and vehicles: +€105,417
- Receivables within one year +€30,160
up €30,160 (+329%), from €9,179 to €39,339
of which Trade receivables: +€17,471
- Cash -€17,176
down €17,176 (-15.3%), from €112,528 to €95,353
mainly Investment in fixed assets (net) (-€132,251) and Receivables within one year (-€30,160)
- Debts after one year +€61,824
up €61,824 (+847%), from €7,298 to €69,122
- Profit (loss) carried forward +€36,099
up €36,099 (+38.2%), from €94,599 to €130,698
- Other debts -€14,857
down €14,857 (-67.3%), from €22,064 to €7,207
- Tax, wage and social debts +€12,834
up €12,834 (+190%), from €6,752 to €19,587
of which Remuneration and social security: +€10,485
- Current portion of long-term debt +€12,523
up €12,523 (+113%), from €11,035 to €23,558
- Depreciation +€12,928
up €12,928 (+103%), from €12,511 to €25,439
- Gross operating margin +€6,304
up €6,304 (+9.1%), from €69,344 to €75,648
- Staff costs +€3,700
new in 2025: €3,700
- Taxes -€2,587
down €2,587 (-28.2%), from €9,188 to €6,602
- Financial charges +€1,573
up €1,573 (+89.5%), from €1,757 to €3,330
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 | €156,177 | €275,973 | +€119,796 | +76.7% |
| Fixed assets | 21/28 | €28,269 | €135,082 | +€106,812 | +378% |
| Tangible fixed assets | 22/27 | €26,594 | €133,197 | +€106,602 | +401% |
| Plant, machinery and equipment | 23 | €12,413 | €13,599 | +€1,186 | +9.6% |
| Furniture and vehicles | 24 | €14,181 | €119,598 | +€105,417 | +743% |
| Financial fixed assets | 28 | €1,675 | €1,885 | +€210 | +12.5% |
| Current assets | 29/58 | €127,908 | €140,892 | +€12,984 | +10.2% |
| Stocks and contracts in progress | 3 | €6,200 | €6,200 | = | 0.0% |
| Stocks | 30/36 | €6,200 | €6,200 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €9,179 | €39,339 | +€30,160 | +329% |
| Trade receivables | 40 | €5,996 | €23,467 | +€17,471 | +291% |
| Other amounts receivable | 41 | €3,184 | €15,872 | +€12,688 | +399% |
| Cash at bank and in hand | 54/58 | €112,528 | €95,353 | -€17,176 | -15.3% |
| Total equity and liabilities | 10/49 | €156,177 | €275,973 | +€119,796 | +76.7% |
| Equity | 10/15 | €104,599 | €140,698 | +€36,099 | +34.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €94,599 | €130,698 | +€36,099 | +38.2% |
| Amounts payable | 17/49 | €51,578 | €135,275 | +€83,698 | +162% |
| Amounts payable after more than one year | 17 | €7,298 | €69,122 | +€61,824 | +847% |
| Financial debts | 170/4 | €7,298 | €69,122 | +€61,824 | +847% |
| Amounts payable within one year | 42/48 | €44,280 | €66,153 | +€21,874 | +49.4% |
| Current portion of amounts payable after more than one year | 42 | €11,035 | €23,558 | +€12,523 | +113% |
| Trade debts | 44 | €4,428 | €15,801 | +€11,374 | +257% |
| Suppliers | 440/4 | €4,428 | €15,801 | +€11,374 | +257% |
| Taxes, remuneration and social security | 45 | €6,752 | €19,587 | +€12,834 | +190% |
| Taxes | 450/3 | €4,252 | €6,602 | +€2,349 | +55.2% |
| Remuneration and social security | 454/9 | €2,500 | €12,985 | +€10,485 | +419% |
| Other amounts payable | 47/48 | €22,064 | €7,207 | -€14,857 | -67.3% |
| Non-recurring operating income | 76A | - | €16,558 | +€16,558 | |
| Remuneration, social security and pensions | 62 | - | €3,700 | +€3,700 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,511 | €25,439 | +€12,928 | +103% |
| Other operating charges | 640/8 | €999 | €1,014 | +€15 | +1.5% |
| Gross operating margin | 9900 | €69,344 | €75,648 | +€6,304 | +9.1% |
| Operating profit (loss) | 9901 | €55,835 | €45,496 | -€10,339 | -18.5% |
| Financial income | 75/76B | €875 | €535 | -€340 | -38.9% |
| Recurring financial income | 75 | €875 | €535 | -€340 | -38.9% |
| Financial charges | 65/66B | €1,757 | €3,330 | +€1,573 | +89.5% |
| Recurring financial charges | 65 | €1,757 | €3,330 | +€1,573 | +89.5% |
| Profit (loss) for the period before taxes | 9903 | €54,953 | €42,701 | -€12,252 | -22.3% |
| Income taxes | 67/77 | €9,188 | €6,602 | -€2,587 | -28.2% |
| Profit (loss) for the period | 9904 | €45,764 | €36,099 | -€9,665 | -21.1% |
| Profit (loss) for the period to be appropriated | 9905 | €45,764 | €36,099 | -€9,665 | -21.1% |
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 29 October 2026 via checked.be.