LE MECHOUI: what changed
LE MECHOUI
Largest movements
- Cash -€24,940
down €24,940 (-59.7%), from €41,804 to €16,864
mainly Trade debts (-€54,051) and Deferred charges and accrued income (-€2,028)
- Tangible fixed assets -€8,657
down €8,657 (-27.0%), from €32,017 to €23,361
of which Other tangible fixed assets: -€7,686
- Deferred charges and accrued income +€2,028
up €2,028 (+151%), from €1,346 to €3,374
- Trade debts -€54,051
down €54,051 (-94.9%), from €56,958 to €2,907
- Reserves +€13,218
up €13,218 (+1,930%), from €685 to €13,903
- Tax, wage and social debts +€11,000
up €11,000 (+58.0%), from €18,976 to €29,976
of which Remuneration and social security: +€10,573
- Current portion of long-term debt -€1,447
no longer reported in 2024 (was €1,447)
- Gross operating margin -€21,467
down €21,467 (-20.2%), from €106,304 to €84,837
- Taxes -€9,376
down €9,376 (-79.0%), from €11,863 to €2,486
- Other operating charges +€2,123
up €2,123 (+42.1%), from €5,043 to €7,166
- Staff costs -€1,439
down €1,439 (-2.7%), from €52,868 to €51,429
Change in the result, 2023 to 2024
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 2023 and 2024 balance sheets and the 2024 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 | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €87,541 | €56,261 | -€31,280 | -35.7% |
| Fixed assets | 21/28 | €32,017 | €23,361 | -€8,657 | -27.0% |
| Tangible fixed assets | 22/27 | €32,017 | €23,361 | -€8,657 | -27.0% |
| Plant, machinery and equipment | 23 | €6,349 | €5,518 | -€831 | -13.1% |
| Furniture and vehicles | 24 | €2,278 | €2,138 | -€140 | -6.1% |
| Other tangible fixed assets | 26 | €23,391 | €15,705 | -€7,686 | -32.9% |
| Current assets | 29/58 | €55,524 | €32,900 | -€22,623 | -40.7% |
| Amounts receivable within one year | 40/41 | €12,373 | €12,662 | +€289 | +2.3% |
| Other amounts receivable | 41 | €12,373 | €12,662 | +€289 | +2.3% |
| Cash at bank and in hand | 54/58 | €41,804 | €16,864 | -€24,940 | -59.7% |
| Deferred charges and accrued income | 490/1 | €1,346 | €3,374 | +€2,028 | +151% |
| Total equity and liabilities | 10/49 | €87,541 | €56,261 | -€31,280 | -35.7% |
| Equity | 10/15 | €10,161 | €23,378 | +€13,218 | +130% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €685 | €13,903 | +€13,218 | +1,930% |
| Distributable reserves | 133 | €685 | €13,903 | +€13,218 | +1,930% |
| Profit (loss) carried forward | 14 | €3,276 | €3,276 | = | 0.0% |
| Amounts payable | 17/49 | €77,381 | €32,883 | -€44,498 | -57.5% |
| Amounts payable within one year | 42/48 | €77,381 | €32,883 | -€44,498 | -57.5% |
| Current portion of amounts payable after more than one year | 42 | €1,447 | - | -€1,447 | |
| Trade debts | 44 | €56,958 | €2,907 | -€54,051 | -94.9% |
| Suppliers | 440/4 | €56,958 | €2,907 | -€54,051 | -94.9% |
| Taxes, remuneration and social security | 45 | €18,976 | €29,976 | +€11,000 | +58.0% |
| Taxes | 450/3 | €15,045 | €15,472 | +€427 | +2.8% |
| Remuneration and social security | 454/9 | €3,930 | €14,504 | +€10,573 | +269% |
| Remuneration, social security and pensions | 62 | €52,868 | €51,429 | -€1,439 | -2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,274 | €9,103 | -€171 | -1.8% |
| Other operating charges | 640/8 | €5,043 | €7,166 | +€2,123 | +42.1% |
| Gross operating margin | 9900 | €106,304 | €84,837 | -€21,467 | -20.2% |
| Operating profit (loss) | 9901 | €39,119 | €17,139 | -€21,980 | -56.2% |
| Financial income | 75/76B | €3 | €11 | +€8 | +278% |
| Recurring financial income | 75 | €3 | €11 | +€8 | +278% |
| Financial charges | 65/66B | €1,452 | €1,446 | -€6 | -0.4% |
| Recurring financial charges | 65 | €1,452 | €1,446 | -€6 | -0.4% |
| Profit (loss) for the period before taxes | 9903 | €37,670 | €15,704 | -€21,966 | -58.3% |
| Income taxes | 67/77 | €11,863 | €2,486 | -€9,376 | -79.0% |
| Profit (loss) for the period | 9904 | €25,807 | €13,218 | -€12,589 | -48.8% |
| Profit (loss) for the period to be appropriated | 9905 | €25,807 | €13,218 | -€12,589 | -48.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.