ZINGAMETALL: 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.
ZINGAMETALL
Largest movements
- Receivables within one year +€344,142
up €344,142 (+28.7%), from €1.2m to €1.5m
of which Trade receivables: +€300,028
- Tangible fixed assets -€54,929
down €54,929 (-19.4%), from €283,103 to €228,174
of which Plant, machinery and equipment: -€33,795
- Cash +€36,529
up €36,529 (+5.5%), from €659,658 to €696,186
mainly Net result for the year (+€528,200) and Depreciation (+€86,242)
- Intangible fixed assets -€31,837
down €31,837 (-30.6%), from €104,055 to €72,218
- Reserves +€528,200
up €528,200 (+36.7%), from €1.4m to €2.0m
of which Distributable reserves: +€267,180
- Provisions -€230,000
down €230,000 (-61.8%), from €372,461 to €142,461
- Short-term financial debts +€83,333
new in 2025: €83,333
- Advances received -€82,312
no longer reported in 2025 (was €82,312)
- Tax, wage and social debts -€74,028
down €74,028 (-33.2%), from €222,774 to €148,747
of which Taxes: -€105,097
- Gross operating margin +€386,689
up €386,689 (+35.6%), from €1.1m to €1.5m
- Provisions -€230,000
new in 2025: -€230,000
- Taxes +€136,900
up €136,900 (+370.8%), from €36,924 to €173,824
- Write-downs +€35,983
new in 2025: €35,983
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 | €2,760,528 | €3,059,866 | +€299,338 | +10.8% |
| Fixed assets | 21/28 | €392,330 | €305,345 | -€86,985 | -22.2% |
| Intangible fixed assets | 21 | €104,055 | €72,218 | -€31,837 | -30.6% |
| Tangible fixed assets | 22/27 | €283,103 | €228,174 | -€54,929 | -19.4% |
| Land and buildings | 22 | €17,533 | €12,738 | -€4,794 | -27.3% |
| Plant, machinery and equipment | 23 | €227,742 | €193,947 | -€33,795 | -14.8% |
| Furniture and vehicles | 24 | €37,829 | €21,489 | -€16,340 | -43.2% |
| Financial fixed assets | 28 | €5,171 | €4,953 | -€218 | -4.2% |
| Current assets | 29/58 | €2,368,198 | €2,754,521 | +€386,323 | +16.3% |
| Stocks and contracts in progress | 3 | €511,118 | €503,636 | -€7,482 | -1.5% |
| Stocks | 30/36 | €511,118 | €503,636 | -€7,482 | -1.5% |
| Amounts receivable within one year | 40/41 | €1,197,422 | €1,541,564 | +€344,142 | +28.7% |
| Trade receivables | 40 | €1,134,986 | €1,435,014 | +€300,028 | +26.4% |
| Other amounts receivable | 41 | €62,436 | €106,550 | +€44,114 | +70.7% |
| Cash at bank and in hand | 54/58 | €659,658 | €696,186 | +€36,529 | +5.5% |
| Deferred charges and accrued income | 490/1 | - | €13,135 | +€13,135 | |
| Total equity and liabilities | 10/49 | €2,760,528 | €3,059,866 | +€299,338 | +10.8% |
| Equity | 10/15 | €1,532,938 | €2,061,138 | +€528,200 | +34.5% |
| Contributions | 10/11 | €93,000 | €93,000 | = | 0.0% |
| Reserves | 13 | €1,439,938 | €1,968,138 | +€528,200 | +36.7% |
| Non-distributable reserves | 130/1 | €9,300 | €9,300 | = | 0.0% |
| Reserves not available under the articles | 1311 | €9,300 | €9,300 | = | 0.0% |
| Tax-exempt reserves | 132 | - | €261,020 | +€261,020 | |
| Distributable reserves | 133 | €1,430,638 | €1,697,818 | +€267,180 | +18.7% |
| Provisions and deferred taxes | 16 | €372,461 | €142,461 | -€230,000 | -61.8% |
| Provisions for liabilities and charges | 160/5 | €372,461 | €142,461 | -€230,000 | -61.8% |
| Other liabilities and charges | 164/5 | €372,461 | €142,461 | -€230,000 | -61.8% |
| Amounts payable | 17/49 | €855,129 | €856,267 | +€1,138 | +0.1% |
| Amounts payable within one year | 42/48 | €852,910 | €844,139 | -€8,771 | -1.0% |
| Financial debts | 43 | - | €83,333 | +€83,333 | |
| Credit institutions | 430/8 | - | €83,333 | +€83,333 | |
| Trade debts | 44 | €414,991 | €479,267 | +€64,276 | +15.5% |
| Suppliers | 440/4 | €414,991 | €479,267 | +€64,276 | +15.5% |
| Advances received on contracts in progress | 46 | €82,312 | - | -€82,312 | |
| Taxes, remuneration and social security | 45 | €222,774 | €148,747 | -€74,028 | -33.2% |
| Taxes | 450/3 | €147,435 | €42,339 | -€105,097 | -71.3% |
| Remuneration and social security | 454/9 | €75,339 | €106,408 | +€31,069 | +41.2% |
| Other amounts payable | 47/48 | €132,832 | €132,793 | -€40 | 0.0% |
| Accrued charges and deferred income | 492/3 | €2,220 | €12,128 | +€9,908 | +446.3% |
| Remuneration, social security and pensions | 62 | €882,408 | €879,519 | -€2,889 | -0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €87,288 | €86,242 | -€1,047 | -1.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €35,983 | +€35,983 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | -€230,000 | -€230,000 | |
| Other operating charges | 640/8 | €2,870 | €4,666 | +€1,796 | +62.6% |
| Non-recurring operating charges | 66A | - | €0 | = | |
| Gross operating margin | 9900 | €1,085,165 | €1,471,854 | +€386,689 | +35.6% |
| Operating profit (loss) | 9901 | €112,599 | €695,444 | +€582,845 | +517.6% |
| Financial income | 75/76B | €25,763 | €24,320 | -€1,442 | -5.6% |
| Recurring financial income | 75 | €25,763 | €24,320 | -€1,442 | -5.6% |
| Financial charges | 65/66B | €13,072 | €17,740 | +€4,668 | +35.7% |
| Recurring financial charges | 65 | €13,072 | €17,591 | +€4,519 | +34.6% |
| Non-recurring financial charges | 66B | - | €149 | +€149 | |
| Profit (loss) for the period before taxes | 9903 | €125,289 | €702,024 | +€576,735 | +460.3% |
| Income taxes | 67/77 | €36,924 | €173,824 | +€136,900 | +370.8% |
| Profit (loss) for the period | 9904 | €88,365 | €528,200 | +€439,835 | +497.7% |
| Transfer to tax-exempt reserves | 689 | - | €261,020 | +€261,020 | |
| Profit (loss) for the period to be appropriated | 9905 | €88,365 | €267,180 | +€178,815 | +202.4% |
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 10 October 2026 via checked.be.