M.E.C. LINE: 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.
M.E.C. LINE
Largest movements
- Tangible fixed assets +€182,525
new in 2025: €182,525
- Receivables within one year -€173,480
down €173,480 (-87.6%), from €197,928 to €24,448
of which Other amounts receivable: -€158,070
- Other debts +€10,526
up €10,526 (+15.9%), from €66,376 to €76,901
- Short-term financial debts -€9,717
no longer reported in 2025 (was €9,717)
- Reserves +€7,500
up €7,500 (+10.6%), from €70,860 to €78,360
of which Distributable reserves: +€7,500
- Financial income -€20,000
down €20,000 (-30.8%), from €65,000 to €45,000
- Gross operating margin -€6,405
down €6,405 (-29.1%), from -€22,024 to -€28,429
- Depreciation +€4,900
new in 2025: €4,900
- Taxes -€2,770
down €2,770 (-76.5%), from €3,620 to €850
- Other operating charges +€620
up €620 (+138%), from €448 to €1,069
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.
Derived cash bridge
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 | €349,759 | €360,597 | +€10,838 | +3.1% |
| Fixed assets | 21/28 | €148,736 | €331,262 | +€182,525 | +123% |
| Tangible fixed assets | 22/27 | - | €182,525 | +€182,525 | |
| Land and buildings | 22 | - | €182,525 | +€182,525 | |
| Financial fixed assets | 28 | €148,736 | €148,736 | = | 0.0% |
| Current assets | 29/58 | €201,023 | €29,335 | -€171,688 | -85.4% |
| Amounts receivable within one year | 40/41 | €197,928 | €24,448 | -€173,480 | -87.6% |
| Trade receivables | 40 | €15,410 | - | -€15,410 | |
| Other amounts receivable | 41 | €182,518 | €24,448 | -€158,070 | -86.6% |
| Cash at bank and in hand | 54/58 | €1,398 | €4,887 | +€3,489 | +249% |
| Deferred charges and accrued income | 490/1 | €1,696 | - | -€1,696 | |
| Total equity and liabilities | 10/49 | €349,759 | €360,597 | +€10,838 | +3.1% |
| Equity | 10/15 | €233,560 | €242,181 | +€8,621 | +3.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €70,860 | €78,360 | +€7,500 | +10.6% |
| Non-distributable reserves | 130/1 | €10,860 | €10,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €10,860 | €10,860 | = | 0.0% |
| Distributable reserves | 133 | €60,000 | €67,500 | +€7,500 | +12.5% |
| Profit (loss) carried forward | 14 | €156,500 | €157,621 | +€1,121 | +0.7% |
| Provisions and deferred taxes | 16 | €27,530 | €27,530 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €27,530 | €27,530 | = | 0.0% |
| Other liabilities and charges | 164/5 | €27,530 | €27,530 | = | 0.0% |
| Amounts payable | 17/49 | €88,669 | €90,886 | +€2,216 | +2.5% |
| Amounts payable within one year | 42/48 | €88,669 | €90,886 | +€2,216 | +2.5% |
| Financial debts | 43 | €9,717 | - | -€9,717 | |
| Credit institutions | 430/8 | €9,717 | - | -€9,717 | |
| Trade debts | 44 | €8,976 | €9,534 | +€557 | +6.2% |
| Suppliers | 440/4 | €8,976 | €9,534 | +€557 | +6.2% |
| Taxes, remuneration and social security | 45 | €3,600 | €4,451 | +€850 | +23.6% |
| Taxes | 450/3 | €3,600 | €4,451 | +€850 | +23.6% |
| Other amounts payable | 47/48 | €66,376 | €76,901 | +€10,526 | +15.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €4,900 | +€4,900 | |
| Other operating charges | 640/8 | €448 | €1,069 | +€620 | +138% |
| Gross operating margin | 9900 | -€22,024 | -€28,429 | -€6,405 | -29.1% |
| Operating profit (loss) | 9901 | -€22,473 | -€34,397 | -€11,925 | -53.1% |
| Financial income | 75/76B | €65,000 | €45,000 | -€20,000 | -30.8% |
| Recurring financial income | 75 | €65,000 | €45,000 | -€20,000 | -30.8% |
| Financial charges | 65/66B | €1,197 | €1,131 | -€66 | -5.5% |
| Recurring financial charges | 65 | €1,197 | €1,131 | -€66 | -5.5% |
| Profit (loss) for the period before taxes | 9903 | €41,331 | €9,472 | -€31,859 | -77.1% |
| Income taxes | 67/77 | €3,620 | €850 | -€2,770 | -76.5% |
| Profit (loss) for the period | 9904 | €37,710 | €8,621 | -€29,089 | -77.1% |
| Profit (loss) for the period to be appropriated | 9905 | €37,710 | €8,621 | -€29,089 | -77.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.