TAGL METAL CONSTRUCT: 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.
TAGL METAL CONSTRUCT
Largest movements
- Cash +€141,399
up €141,399 (+264.1%), from €53,535 to €194,934
mainly Net result for the year (+€66,729) and Tax, wage and social debts (+€36,844)
- Receivables within one year -€24,716
down €24,716 (-19.6%), from €126,182 to €101,467
of which Trade receivables: -€25,699
- Profit (loss) carried forward +€79,217
up €79,217 (+134.2%), from €59,046 to €138,263
- Tax, wage and social debts +€36,844
up €36,844 (+39.4%), from €93,507 to €130,351
of which Remuneration and social security: +€31,679
- Current portion of long-term debt +€6,757
new in 2025: €6,757
- Trade debts -€6,127
down €6,127 (-36.9%), from €16,601 to €10,474
- Turnover +€1.0m
new in 2025: €1.0m
- Purchases and services +€468,672
new in 2025: €468,672
- Gross operating margin +€385,969
up €385,969 (+195.5%), from €197,408 to €583,377
- Staff costs +€349,146
up €349,146 (+263.0%), from €132,779 to €481,925
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 | €184,550 | €300,895 | +€116,345 | +63.0% |
| Fixed assets | 21/28 | €2,040 | €437 | -€1,603 | -78.6% |
| Tangible fixed assets | 22/27 | €1,782 | €178 | -€1,603 | -90.0% |
| Furniture and vehicles | 24 | €1,782 | €178 | -€1,603 | -90.0% |
| Financial fixed assets | 28 | €259 | €259 | = | 0.0% |
| Current assets | 29/58 | €182,510 | €300,458 | +€117,949 | +64.6% |
| Amounts receivable within one year | 40/41 | €126,182 | €101,467 | -€24,716 | -19.6% |
| Trade receivables | 40 | €126,182 | €100,484 | -€25,699 | -20.4% |
| Other amounts receivable | 41 | - | €983 | +€983 | |
| Cash at bank and in hand | 54/58 | €53,535 | €194,934 | +€141,399 | +264.1% |
| Deferred charges and accrued income | 490/1 | €2,792 | €4,057 | +€1,266 | +45.3% |
| Total equity and liabilities | 10/49 | €184,550 | €300,895 | +€116,345 | +63.0% |
| Equity | 10/15 | €62,046 | €141,263 | +€79,217 | +127.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Contributions outside capital | 11 | - | €3,000 | +€3,000 | |
| Other | 1109/19 | - | €3,000 | +€3,000 | |
| Profit (loss) carried forward | 14 | €59,046 | €138,263 | +€79,217 | +134.2% |
| Amounts payable | 17/49 | €122,504 | €159,632 | +€37,128 | +30.3% |
| Amounts payable within one year | 42/48 | €122,504 | €159,632 | +€37,128 | +30.3% |
| Current portion of amounts payable after more than one year | 42 | - | €6,757 | +€6,757 | |
| Trade debts | 44 | €16,601 | €10,474 | -€6,127 | -36.9% |
| Suppliers | 440/4 | €16,601 | €10,474 | -€6,127 | -36.9% |
| Taxes, remuneration and social security | 45 | €93,507 | €130,351 | +€36,844 | +39.4% |
| Taxes | 450/3 | €53,720 | €58,885 | +€5,165 | +9.6% |
| Remuneration and social security | 454/9 | €39,787 | €71,466 | +€31,679 | +79.6% |
| Other amounts payable | 47/48 | €12,396 | €12,051 | -€345 | -2.8% |
| Turnover | 70 | - | €1,040,803 | +€1.0m | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €468,672 | +€468,672 | |
| Remuneration, social security and pensions | 62 | €132,779 | €481,925 | +€349,146 | +263.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,618 | €1,603 | -€14 | -0.9% |
| Other operating charges | 640/8 | €2,493 | €3,349 | +€855 | +34.3% |
| Gross operating margin | 9900 | €197,408 | €583,377 | +€385,969 | +195.5% |
| Operating profit (loss) | 9901 | €60,518 | €96,500 | +€35,982 | +59.5% |
| Financial income | 75/76B | €3 | €10 | +€7 | +244.5% |
| Recurring financial income | 75 | €3 | €10 | +€7 | +244.5% |
| Financial charges | 65/66B | €676 | €764 | +€88 | +13.0% |
| Recurring financial charges | 65 | €676 | €764 | +€88 | +13.0% |
| Profit (loss) for the period before taxes | 9903 | €59,845 | €95,746 | +€35,901 | +60.0% |
| Income taxes | 67/77 | €26,862 | €29,017 | +€2,155 | +8.0% |
| Profit (loss) for the period | 9904 | €32,982 | €66,729 | +€33,747 | +102.3% |
| Profit (loss) for the period to be appropriated | 9905 | €32,982 | €66,729 | +€33,747 | +102.3% |
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 11 October 2026 via checked.be.