ME'CANO: 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.
ME'CANO
Largest movements
- Cash -€2,581
down €2,581 (-35.1%), from €7,351 to €4,770
mainly Net result for the year (-€4,861) and Investment in fixed assets (net) (-€652)
- Receivables within one year -€514
down €514 (-15.0%), from €3,428 to €2,914
of which Trade receivables: -€645
- Tangible fixed assets -€466
down €466 (-18.9%), from €2,465 to €2,000
of which Plant, machinery and equipment: -€498
- Stocks and contracts -€400
down €400 (-21.1%), from €1,900 to €1,500
- Deferred charges and accrued income -€278
down €278 (-51.1%), from €544 to €266
- Profit (loss) carried forward -€4,861
down €4,861 (-32.4%), from -€14,988 to -€19,849
- Trade debts +€462
up €462 (+7.8%), from €5,956 to €6,418
- Other debts +€389
up €389 (+6.5%), from €6,011 to €6,401
- Tax, wage and social debts -€229
no longer reported in 2024 (was €229)
- Purchases and services -€5,636
down €5,636 (-8.5%), from €66,198 to €60,562
- Gross operating margin -€3,468
down €3,468, from €2,909 to -€558
- Other operating charges +€1,180
up €1,180 (+305%), from €387 to €1,567
- Financial charges +€284
up €284 (+21.1%), from €1,345 to €1,628
- Depreciation +€103
up €103 (+10.1%), from €1,015 to €1,117
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.
Derived cash bridge
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 | €15,808 | €11,570 | -€4,239 | -26.8% |
| Fixed assets | 21/28 | €2,585 | €2,120 | -€466 | -18.0% |
| Tangible fixed assets | 22/27 | €2,465 | €2,000 | -€466 | -18.9% |
| Plant, machinery and equipment | 23 | €1,475 | €978 | -€498 | -33.7% |
| Furniture and vehicles | 24 | €990 | €1,022 | +€32 | +3.2% |
| Financial fixed assets | 28 | €120 | €120 | = | 0.0% |
| Current assets | 29/58 | €13,223 | €9,450 | -€3,773 | -28.5% |
| Stocks and contracts in progress | 3 | €1,900 | €1,500 | -€400 | -21.1% |
| Stocks | 30/36 | €1,900 | €1,500 | -€400 | -21.1% |
| Amounts receivable within one year | 40/41 | €3,428 | €2,914 | -€514 | -15.0% |
| Trade receivables | 40 | €3,428 | €2,783 | -€645 | -18.8% |
| Other amounts receivable | 41 | - | €131 | +€131 | |
| Cash at bank and in hand | 54/58 | €7,351 | €4,770 | -€2,581 | -35.1% |
| Deferred charges and accrued income | 490/1 | €544 | €266 | -€278 | -51.1% |
| Total equity and liabilities | 10/49 | €15,808 | €11,570 | -€4,239 | -26.8% |
| Equity | 10/15 | €3,612 | -€1,249 | -€4,861 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,988 | -€19,849 | -€4,861 | -32.4% |
| Amounts payable | 17/49 | €12,196 | €12,819 | +€623 | +5.1% |
| Amounts payable within one year | 42/48 | €12,196 | €12,819 | +€623 | +5.1% |
| Trade debts | 44 | €5,956 | €6,418 | +€462 | +7.8% |
| Suppliers | 440/4 | €5,956 | €6,418 | +€462 | +7.8% |
| Taxes, remuneration and social security | 45 | €229 | - | -€229 | |
| Taxes | 450/3 | €229 | - | -€229 | |
| Other amounts payable | 47/48 | €6,011 | €6,401 | +€389 | +6.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €66,198 | €60,562 | -€5,636 | -8.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,015 | €1,117 | +€103 | +10.1% |
| Other operating charges | 640/8 | €387 | €1,567 | +€1,180 | +305% |
| Gross operating margin | 9900 | €2,909 | -€558 | -€3,468 | |
| Operating profit (loss) | 9901 | €1,508 | -€3,243 | -€4,751 | |
| Financial income | 75/76B | €10 | €10 | +€1 | +5.7% |
| Recurring financial income | 75 | €10 | €10 | +€1 | +5.7% |
| Financial charges | 65/66B | €1,345 | €1,628 | +€284 | +21.1% |
| Recurring financial charges | 65 | €1,345 | €1,628 | +€284 | +21.1% |
| Profit (loss) for the period before taxes | 9903 | €173 | -€4,861 | -€5,034 | |
| Profit (loss) for the period | 9904 | €173 | -€4,861 | -€5,034 | |
| Profit (loss) for the period to be appropriated | 9905 | €173 | -€4,861 | -€5,034 |
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 17 October 2026 via checked.be.