METAALFAN: 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.
METAALFAN
Largest movements
- Cash +€17,584
up €17,584 (+26.8%), from €65,550 to €83,134
mainly Net result for the year (+€19,970) and Trade debts (+€4,654)
- Receivables within one year +€1,519
up €1,519 (+19.1%), from €7,971 to €9,490
of which Other amounts receivable: +€1,519
- Deferred charges and accrued income +€1,440
up €1,440 (+47.5%), from €3,035 to €4,476
- Reserves +€19,970
up €19,970 (+31.4%), from €63,634 to €83,604
- Trade debts +€4,654
up €4,654 (+293.4%), from €1,586 to €6,240
- Current portion of long-term debt -€4,000
down €4,000 (-100.0%), from €4,000 to €0
- Other debts +€2,194
up €2,194 (+966.3%), from €227 to €2,421
- Tax, wage and social debts -€1,101
down €1,101 (-60.8%), from €1,813 to €711
- Gross operating margin +€5,606
up €5,606 (+22.6%), from €24,760 to €30,365
- Other operating charges -€1,429
down €1,429 (-63.7%), from €2,245 to €816
- Taxes +€1,244
up €1,244 (+30.9%), from €4,029 to €5,273
- Financial charges +€525
up €525 (+14.9%), from €3,522 to €4,047
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 | €76,556 | €97,976 | +€21,420 | +28.0% |
| Fixed assets | 21/28 | - | €876 | +€876 | |
| Tangible fixed assets | 22/27 | - | €876 | +€876 | |
| Furniture and vehicles | 24 | - | €876 | +€876 | |
| Current assets | 29/58 | €76,556 | €97,100 | +€20,544 | +26.8% |
| Amounts receivable within one year | 40/41 | €7,971 | €9,490 | +€1,519 | +19.1% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €7,971 | €9,490 | +€1,519 | +19.1% |
| Cash at bank and in hand | 54/58 | €65,550 | €83,134 | +€17,584 | +26.8% |
| Deferred charges and accrued income | 490/1 | €3,035 | €4,476 | +€1,440 | +47.5% |
| Total equity and liabilities | 10/49 | €76,556 | €97,976 | +€21,420 | +28.0% |
| Equity | 10/15 | €68,634 | €88,604 | +€19,970 | +29.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €63,634 | €83,604 | +€19,970 | +31.4% |
| Distributable reserves | 133 | €63,634 | €83,604 | +€19,970 | +31.4% |
| Amounts payable | 17/49 | €7,922 | €9,372 | +€1,450 | +18.3% |
| Amounts payable within one year | 42/48 | €7,626 | €9,372 | +€1,746 | +22.9% |
| Current portion of amounts payable after more than one year | 42 | €4,000 | €0 | -€4,000 | -100.0% |
| Trade debts | 44 | €1,586 | €6,240 | +€4,654 | +293.4% |
| Suppliers | 440/4 | €1,586 | €6,240 | +€4,654 | +293.4% |
| Taxes, remuneration and social security | 45 | €1,813 | €711 | -€1,101 | -60.8% |
| Taxes | 450/3 | €1,813 | €711 | -€1,101 | -60.8% |
| Other amounts payable | 47/48 | €227 | €2,421 | +€2,194 | +966.3% |
| Accrued charges and deferred income | 492/3 | €296 | €0 | -€296 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | €261 | +€261 | |
| Other operating charges | 640/8 | €2,245 | €816 | -€1,429 | -63.7% |
| Gross operating margin | 9900 | €24,760 | €30,365 | +€5,606 | +22.6% |
| Operating profit (loss) | 9901 | €22,515 | €29,289 | +€6,774 | +30.1% |
| Financial income | 75/76B | €6 | €1 | -€5 | -84.7% |
| Recurring financial income | 75 | €6 | €1 | -€5 | -84.7% |
| Financial charges | 65/66B | €3,522 | €4,047 | +€525 | +14.9% |
| Recurring financial charges | 65 | €3,522 | €4,047 | +€525 | +14.9% |
| Profit (loss) for the period before taxes | 9903 | €18,999 | €25,243 | +€6,244 | +32.9% |
| Income taxes | 67/77 | €4,029 | €5,273 | +€1,244 | +30.9% |
| Profit (loss) for the period | 9904 | €14,970 | €19,970 | +€5,000 | +33.4% |
| Profit (loss) for the period to be appropriated | 9905 | €14,970 | €19,970 | +€5,000 | +33.4% |
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 12 October 2026 via checked.be.