H.A méca: what changed
H.A méca
Largest movements
- Tangible fixed assets +€31,325
up €31,325 (+272%), from €11,502 to €42,827
- Stocks and contracts +€8,685
up €8,685 (+28.6%), from €30,345 to €39,030
- Intangible fixed assets -€5,000
down €5,000 (-14.5%), from €34,439 to €29,439
- Cash +€4,052
up €4,052 (+22.2%), from €18,219 to €22,271
mainly Trade debts (+€38,340) and Depreciation (+€9,505)
- Receivables within one year -€2,740
down €2,740 (-44.8%), from €6,114 to €3,374
of which Other amounts receivable: -€1,500
- Trade debts +€38,340
up €38,340 (+907%), from €4,228 to €42,569
- Profit (loss) carried forward +€6,119
up €6,119 (+29.1%), from €21,038 to €27,157
- Other debts -€5,828
down €5,828 (-12.2%), from €47,918 to €42,090
- Tax, wage and social debts -€2,310
down €2,310 (-8.1%), from €28,435 to €26,125
- Gross operating margin -€10,933
down €10,933 (-38.4%), from €28,492 to €17,559
- Taxes -€3,021
down €3,021 (-73.8%), from €4,097 to €1,075
- Depreciation +€703
up €703 (+8.0%), from €8,802 to €9,505
- Other operating charges +€382
up €382 (+98.7%), from €387 to €770
- Financial charges -€321
down €321 (-78.1%), from €411 to €90
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €104,619 | €140,941 | +€36,322 | +34.7% |
| Fixed assets | 21/28 | €49,941 | €76,266 | +€26,325 | +52.7% |
| Intangible fixed assets | 21 | €34,439 | €29,439 | -€5,000 | -14.5% |
| Tangible fixed assets | 22/27 | €11,502 | €42,827 | +€31,325 | +272% |
| Plant, machinery and equipment | 23 | €11,502 | €42,827 | +€31,325 | +272% |
| Financial fixed assets | 28 | €4,000 | €4,000 | = | 0.0% |
| Current assets | 29/58 | €54,678 | €64,675 | +€9,997 | +18.3% |
| Stocks and contracts in progress | 3 | €30,345 | €39,030 | +€8,685 | +28.6% |
| Stocks | 30/36 | €30,345 | €39,030 | +€8,685 | +28.6% |
| Amounts receivable within one year | 40/41 | €6,114 | €3,374 | -€2,740 | -44.8% |
| Trade receivables | 40 | €4,614 | €3,374 | -€1,240 | -26.9% |
| Other amounts receivable | 41 | €1,500 | - | -€1,500 | |
| Cash at bank and in hand | 54/58 | €18,219 | €22,271 | +€4,052 | +22.2% |
| Total equity and liabilities | 10/49 | €104,619 | €140,941 | +€36,322 | +34.7% |
| Equity | 10/15 | €24,038 | €30,157 | +€6,119 | +25.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,038 | €27,157 | +€6,119 | +29.1% |
| Amounts payable | 17/49 | €80,581 | €110,784 | +€30,203 | +37.5% |
| Amounts payable within one year | 42/48 | €80,581 | €110,784 | +€30,203 | +37.5% |
| Trade debts | 44 | €4,228 | €42,569 | +€38,340 | +907% |
| Suppliers | 440/4 | €4,228 | €42,569 | +€38,340 | +907% |
| Taxes, remuneration and social security | 45 | €28,435 | €26,125 | -€2,310 | -8.1% |
| Taxes | 450/3 | €28,435 | €26,125 | -€2,310 | -8.1% |
| Other amounts payable | 47/48 | €47,918 | €42,090 | -€5,828 | -12.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,802 | €9,505 | +€703 | +8.0% |
| Other operating charges | 640/8 | €387 | €770 | +€382 | +98.7% |
| Gross operating margin | 9900 | €28,492 | €17,559 | -€10,933 | -38.4% |
| Operating profit (loss) | 9901 | €19,303 | €7,284 | -€12,018 | -62.3% |
| Financial charges | 65/66B | €411 | €90 | -€321 | -78.1% |
| Recurring financial charges | 65 | €411 | €90 | -€321 | -78.1% |
| Profit (loss) for the period before taxes | 9903 | €18,892 | €7,195 | -€11,697 | -61.9% |
| Income taxes | 67/77 | €4,097 | €1,075 | -€3,021 | -73.8% |
| Profit (loss) for the period | 9904 | €14,795 | €6,119 | -€8,676 | -58.6% |
| Profit (loss) for the period to be appropriated | 9905 | €14,795 | €6,119 | -€8,676 | -58.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.