EDDY MESKENS CONSTRUCTIES: 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.
EDDY MESKENS CONSTRUCTIES
Largest movements
- Receivables within one year +€51,442
up €51,442 (+34.9%), from €147,580 to €199,022
of which Trade receivables: +€40,002
- Tangible fixed assets -€11,864
down €11,864 (-4.5%), from €263,198 to €251,333
of which Land and buildings: -€21,256
- Cash -€8,657
down €8,657 (-5.8%), from €148,134 to €139,478
mainly Receivables within one year (-€51,442) and Investment in fixed assets (net) (-€24,000)
- Reserves +€28,452
up €28,452 (+11.5%), from €246,888 to €275,340
of which Distributable reserves: +€28,452
- Debts after one year -€22,760
down €22,760 (-27.4%), from €83,127 to €60,367
- Other debts +€20,223
up €20,223 (+27.2%), from €74,450 to €94,673
- Trade debts -€8,605
down €8,605 (-76.2%), from €11,295 to €2,689
- Accrued charges and deferred income +€5,980
new in 2024: €5,980
- Gross operating margin -€33,595
down €33,595 (-23.5%), from €142,677 to €109,082
- Taxes -€23,483
down €23,483 (-66.0%), from €35,595 to €12,112
- Financial charges +€5,959
up €5,959 (+221.3%), from €2,692 to €8,652
- Depreciation +€4,530
up €4,530 (+14.5%), from €31,334 to €35,864
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €562,632 | €593,553 | +€30,921 | +5.5% |
| Fixed assets | 21/28 | €263,198 | €251,333 | -€11,864 | -4.5% |
| Tangible fixed assets | 22/27 | €263,198 | €251,333 | -€11,864 | -4.5% |
| Land and buildings | 22 | €211,375 | €190,118 | -€21,256 | -10.1% |
| Plant, machinery and equipment | 23 | €29,165 | €44,341 | +€15,177 | +52.0% |
| Furniture and vehicles | 24 | €22,658 | €16,873 | -€5,785 | -25.5% |
| Current assets | 29/58 | €299,435 | €342,220 | +€42,786 | +14.3% |
| Amounts receivable within one year | 40/41 | €147,580 | €199,022 | +€51,442 | +34.9% |
| Trade receivables | 40 | €144,081 | €184,082 | +€40,002 | +27.8% |
| Other amounts receivable | 41 | €3,499 | €14,939 | +€11,440 | +326.9% |
| Cash at bank and in hand | 54/58 | €148,134 | €139,478 | -€8,657 | -5.8% |
| Deferred charges and accrued income | 490/1 | €3,721 | €3,721 | = | 0.0% |
| Total equity and liabilities | 10/49 | €562,632 | €593,553 | +€30,921 | +5.5% |
| Equity | 10/15 | €314,524 | €342,976 | +€28,452 | +9.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €246,888 | €275,340 | +€28,452 | +11.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €245,028 | €273,480 | +€28,452 | +11.6% |
| Profit (loss) carried forward | 14 | €49,036 | €49,036 | = | 0.0% |
| Amounts payable | 17/49 | €248,108 | €250,578 | +€2,469 | +1.0% |
| Amounts payable after more than one year | 17 | €83,127 | €60,367 | -€22,760 | -27.4% |
| Financial debts | 170/4 | €83,127 | €60,367 | -€22,760 | -27.4% |
| Amounts payable within one year | 42/48 | €164,981 | €184,231 | +€19,250 | +11.7% |
| Current portion of amounts payable after more than one year | 42 | €32,760 | €37,760 | +€5,000 | +15.3% |
| Trade debts | 44 | €11,295 | €2,689 | -€8,605 | -76.2% |
| Suppliers | 440/4 | €11,295 | €2,689 | -€8,605 | -76.2% |
| Taxes, remuneration and social security | 45 | €46,477 | €49,109 | +€2,632 | +5.7% |
| Taxes | 450/3 | €42,125 | €49,109 | +€6,983 | +16.6% |
| Remuneration and social security | 454/9 | €4,351 | - | -€4,351 | |
| Other amounts payable | 47/48 | €74,450 | €94,673 | +€20,223 | +27.2% |
| Accrued charges and deferred income | 492/3 | - | €5,980 | +€5,980 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,334 | €35,864 | +€4,530 | +14.5% |
| Other operating charges | 640/8 | €4,703 | €4,367 | -€336 | -7.2% |
| Gross operating margin | 9900 | €142,677 | €109,082 | -€33,595 | -23.5% |
| Operating profit (loss) | 9901 | €106,640 | €68,851 | -€37,789 | -35.4% |
| Financial income | 75/76B | €169 | €365 | +€197 | +116.5% |
| Recurring financial income | 75 | €169 | €365 | +€197 | +116.5% |
| Financial charges | 65/66B | €2,692 | €8,652 | +€5,959 | +221.3% |
| Recurring financial charges | 65 | €2,692 | €8,652 | +€5,959 | +221.3% |
| Profit (loss) for the period before taxes | 9903 | €104,116 | €60,564 | -€43,552 | -41.8% |
| Income taxes | 67/77 | €35,595 | €12,112 | -€23,483 | -66.0% |
| Profit (loss) for the period | 9904 | €68,521 | €48,452 | -€20,069 | -29.3% |
| Profit (loss) for the period to be appropriated | 9905 | €68,521 | €48,452 | -€20,069 | -29.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.