ATM MECA: 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.
ATM MECA
Largest movements
- Cash +€63,396
up €63,396 (+10465.3%), from €606 to €64,002
mainly Debts after one year (+€56,596) and Depreciation (+€30,236)
- Receivables within one year -€26,454
down €26,454 (-64.2%), from €41,210 to €14,756
of which Trade receivables: -€25,683
- Tangible fixed assets +€26,139
up €26,139 (+32.9%), from €79,552 to €105,691
of which Land and buildings: +€23,474
- Stocks and contracts +€8,381
up €8,381 (+186.6%), from €4,491 to €12,871
of which Stocks: +€7,881
- Debts after one year +€56,596
up €56,596 (+149.2%), from €37,925 to €94,521
- Trade debts +€15,481
up €15,481 (+1124.9%), from €1,376 to €16,858
- Other debts -€7,544
down €7,544 (-14.0%), from €53,997 to €46,453
- Reserves +€4,000
up €4,000 (+40.5%), from €9,869 to €13,869
- Current portion of long-term debt +€3,685
up €3,685 (+41.5%), from €8,890 to €12,575
- Depreciation +€5,554
up €5,554 (+22.5%), from €24,683 to €30,236
- Taxes -€2,815
down €2,815 (-86.1%), from €3,270 to €455
- Gross operating margin -€1,648
down €1,648 (-4.2%), from €38,931 to €37,283
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 | €126,090 | €197,319 | +€71,229 | +56.5% |
| Fixed assets | 21/28 | €79,552 | €105,691 | +€26,139 | +32.9% |
| Tangible fixed assets | 22/27 | €79,552 | €105,691 | +€26,139 | +32.9% |
| Land and buildings | 22 | €7,655 | €31,129 | +€23,474 | +306.6% |
| Plant, machinery and equipment | 23 | €69,046 | €48,156 | -€20,890 | -30.3% |
| Furniture and vehicles | 24 | €2,851 | €7,209 | +€4,358 | +152.9% |
| Leasing and similar rights | 25 | - | €19,197 | +€19,197 | |
| Current assets | 29/58 | €46,539 | €91,629 | +€45,090 | +96.9% |
| Stocks and contracts in progress | 3 | €4,491 | €12,871 | +€8,381 | +186.6% |
| Stocks | 30/36 | €2,491 | €10,371 | +€7,881 | +316.4% |
| Contracts in progress | 37 | €2,000 | €2,500 | +€500 | +25.0% |
| Amounts receivable within one year | 40/41 | €41,210 | €14,756 | -€26,454 | -64.2% |
| Trade receivables | 40 | €37,253 | €11,570 | -€25,683 | -68.9% |
| Other amounts receivable | 41 | €3,957 | €3,186 | -€771 | -19.5% |
| Cash at bank and in hand | 54/58 | €606 | €64,002 | +€63,396 | +10465.3% |
| Deferred charges and accrued income | 490/1 | €232 | - | -€232 | |
| Total equity and liabilities | 10/49 | €126,090 | €197,319 | +€71,229 | +56.5% |
| Equity | 10/15 | €18,252 | €21,863 | +€3,611 | +19.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €9,869 | €13,869 | +€4,000 | +40.5% |
| Distributable reserves | 133 | €9,869 | €13,869 | +€4,000 | +40.5% |
| Profit (loss) carried forward | 14 | €386 | €1,000 | +€614 | +159.1% |
| Investment grants | 15 | €2,997 | €1,994 | -€1,003 | -33.5% |
| Amounts payable | 17/49 | €107,839 | €175,457 | +€67,618 | +62.7% |
| Amounts payable after more than one year | 17 | €37,925 | €94,521 | +€56,596 | +149.2% |
| Financial debts | 170/4 | €37,925 | €94,521 | +€56,596 | +149.2% |
| Amounts payable within one year | 42/48 | €69,914 | €80,936 | +€11,022 | +15.8% |
| Current portion of amounts payable after more than one year | 42 | €8,890 | €12,575 | +€3,685 | +41.5% |
| Trade debts | 44 | €1,376 | €16,858 | +€15,481 | +1124.9% |
| Suppliers | 440/4 | €1,376 | €16,858 | +€15,481 | +1124.9% |
| Taxes, remuneration and social security | 45 | €5,651 | €5,051 | -€600 | -10.6% |
| Taxes | 450/3 | €5,651 | €5,051 | -€600 | -10.6% |
| Other amounts payable | 47/48 | €53,997 | €46,453 | -€7,544 | -14.0% |
| Remuneration, social security and pensions | 62 | €174 | - | -€174 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,683 | €30,236 | +€5,554 | +22.5% |
| Other operating charges | 640/8 | €369 | €85 | -€284 | -76.9% |
| Non-recurring operating charges | 66A | - | €296 | +€296 | |
| Gross operating margin | 9900 | €38,931 | €37,283 | -€1,648 | -4.2% |
| Operating profit (loss) | 9901 | €13,706 | €6,665 | -€7,041 | -51.4% |
| Financial income | 75/76B | €1,112 | €1,183 | +€71 | +6.4% |
| Recurring financial income | 75 | €1,112 | €1,183 | +€71 | +6.4% |
| Financial charges | 65/66B | €1,679 | €1,979 | +€300 | +17.9% |
| Recurring financial charges | 65 | €1,679 | €1,979 | +€300 | +17.9% |
| Profit (loss) for the period before taxes | 9903 | €13,139 | €5,869 | -€7,270 | -55.3% |
| Income taxes | 67/77 | €3,270 | €455 | -€2,815 | -86.1% |
| Profit (loss) for the period | 9904 | €9,869 | €5,414 | -€4,455 | -45.1% |
| Profit (loss) for the period to be appropriated | 9905 | €9,869 | €5,414 | -€4,455 | -45.1% |
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 10 October 2026 via checked.be.