TAPI METAALKONSTRUKTIES: 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.
TAPI METAALKONSTRUKTIES
Largest movements
- Cash +€574,780
up €574,780 (+105%), from €549,862 to €1.1m
mainly Net result for the year (+€930,657) and Other debts (+€485,189)
- Receivables within one year +€312,471
up €312,471 (+37.7%), from €829,866 to €1.1m
of which Trade receivables: +€192,445
- Tangible fixed assets +€180,211
up €180,211 (+28.9%), from €624,013 to €804,224
of which Plant, machinery and equipment: +€209,684
- Current investments -€66,309
down €66,309 (-3.9%), from €1.7m to €1.6m
- Other debts +€485,189
up €485,189 (+116%), from €419,811 to €905,000
- Reserves +€440,657
up €440,657 (+14.5%), from €3.0m to €3.5m
of which Distributable reserves: +€291,338
- Tax, wage and social debts +€59,881
up €59,881 (+198%), from €30,226 to €90,107
of which Taxes: +€74,246
- Gross operating margin +€254,688
up €254,688 (+19.3%), from €1.3m to €1.6m
- Financial income +€58,586
up €58,586 (+141%), from €41,405 to €99,991
- Taxes +€57,998
up €57,998 (+61.1%), from €94,999 to €152,997
- Depreciation +€49,522
up €49,522 (+37.5%), from €132,132 to €181,653
- Staff costs -€40,061
down €40,061 (-9.7%), from €413,549 to €373,488
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 | €4,081,089 | €5,053,910 | +€972,821 | +23.8% |
| Fixed assets | 21/28 | €764,076 | €944,286 | +€180,211 | +23.6% |
| Tangible fixed assets | 22/27 | €624,013 | €804,224 | +€180,211 | +28.9% |
| Land and buildings | 22 | €97,844 | €95,779 | -€2,065 | -2.1% |
| Plant, machinery and equipment | 23 | €471,865 | €681,549 | +€209,684 | +44.4% |
| Furniture and vehicles | 24 | €34,104 | €26,896 | -€7,209 | -21.1% |
| Assets under construction and advance payments | 27 | €20,200 | €0 | -€20,200 | -100% |
| Financial fixed assets | 28 | €140,063 | €140,063 | = | 0.0% |
| Current assets | 29/58 | €3,317,014 | €4,109,624 | +€792,610 | +23.9% |
| Amounts receivable after more than one year | 29 | €8,626 | €0 | -€8,626 | -100% |
| Other amounts receivable | 291 | €8,626 | €0 | -€8,626 | -100% |
| Stocks and contracts in progress | 3 | €236,810 | €215,866 | -€20,944 | -8.8% |
| Stocks | 30/36 | €160,743 | €157,469 | -€3,274 | -2.0% |
| Contracts in progress | 37 | €76,068 | €58,397 | -€17,670 | -23.2% |
| Amounts receivable within one year | 40/41 | €829,866 | €1,142,337 | +€312,471 | +37.7% |
| Trade receivables | 40 | €803,113 | €995,559 | +€192,445 | +24.0% |
| Other amounts receivable | 41 | €26,753 | €146,778 | +€120,026 | +449% |
| Current investments | 50/53 | €1,686,954 | €1,620,644 | -€66,309 | -3.9% |
| Cash at bank and in hand | 54/58 | €549,862 | €1,124,642 | +€574,780 | +105% |
| Deferred charges and accrued income | 490/1 | €4,895 | €6,135 | +€1,239 | +25.3% |
| Total equity and liabilities | 10/49 | €4,081,089 | €5,053,910 | +€972,821 | +23.8% |
| Equity | 10/15 | €3,281,734 | €3,722,392 | +€440,657 | +13.4% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Capital | 10 | €250,000 | €250,000 | = | 0.0% |
| Issued capital | 100 | €250,000 | €250,000 | = | 0.0% |
| Reserves | 13 | €3,031,734 | €3,472,392 | +€440,657 | +14.5% |
| Non-distributable reserves | 130/1 | €123,382 | €123,382 | = | 0.0% |
| Legal reserve | 130 | €123,382 | €123,382 | = | 0.0% |
| Tax-exempt reserves | 132 | €210,500 | €359,819 | +€149,319 | +70.9% |
| Distributable reserves | 133 | €2,697,853 | €2,989,191 | +€291,338 | +10.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €799,355 | €1,331,519 | +€532,164 | +66.6% |
| Amounts payable within one year | 42/48 | €783,063 | €1,331,503 | +€548,440 | +70.0% |
| Financial debts | 43 | €325 | €1,410 | +€1,085 | +333% |
| Credit institutions | 430/8 | €325 | €1,410 | +€1,085 | +333% |
| Trade debts | 44 | €332,701 | €334,986 | +€2,284 | +0.7% |
| Suppliers | 440/4 | €332,701 | €334,986 | +€2,284 | +0.7% |
| Taxes, remuneration and social security | 45 | €30,226 | €90,107 | +€59,881 | +198% |
| Taxes | 450/3 | €4,337 | €78,584 | +€74,246 | +1,712% |
| Remuneration and social security | 454/9 | €25,889 | €11,523 | -€14,366 | -55.5% |
| Other amounts payable | 47/48 | €419,811 | €905,000 | +€485,189 | +116% |
| Accrued charges and deferred income | 492/3 | €16,292 | €16 | -€16,276 | -99.9% |
| Remuneration, social security and pensions | 62 | €413,549 | €373,488 | -€40,061 | -9.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €132,132 | €181,653 | +€49,522 | +37.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | €1,680 | +€1,680 | |
| Other operating charges | 640/8 | €19,002 | €26,481 | +€7,479 | +39.4% |
| Gross operating margin | 9900 | €1,320,170 | €1,574,858 | +€254,688 | +19.3% |
| Operating profit (loss) | 9901 | €755,487 | €991,556 | +€236,069 | +31.2% |
| Financial income | 75/76B | €41,405 | €99,991 | +€58,586 | +141% |
| Recurring financial income | 75 | €41,405 | €99,991 | +€58,586 | +141% |
| Financial charges | 65/66B | €7,833 | €7,892 | +€59 | +0.8% |
| Recurring financial charges | 65 | €7,833 | €7,892 | +€59 | +0.8% |
| Profit (loss) for the period before taxes | 9903 | €789,059 | €1,083,654 | +€294,595 | +37.3% |
| Income taxes | 67/77 | €94,999 | €152,997 | +€57,998 | +61.1% |
| Profit (loss) for the period | 9904 | €694,061 | €930,657 | +€236,597 | +34.1% |
| Transfer from tax-exempt reserves | 789 | - | €40,131 | +€40,131 | |
| Transfer to tax-exempt reserves | 689 | €210,500 | €189,450 | -€21,050 | -10.0% |
| Profit (loss) for the period to be appropriated | 9905 | €483,561 | €781,338 | +€297,778 | +61.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.