MEC DECOR: 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.
MEC DECOR
Largest movements
- Cash -€69,916
down €69,916 (-85.0%), from €82,274 to €12,358
mainly Accrued charges and deferred income (-€309,504) and Investment in fixed assets (net) (-€209,031)
- Tangible fixed assets +€51,513
up €51,513 (+3.1%), from €1.7m to €1.7m
of which Leasing and similar rights: +€61,689
- Accrued charges and deferred income -€309,504
down €309,504 (-32.6%), from €948,285 to €638,781
- Reserves +€197,787
up €197,787 (+10633.7%), from €1,860 to €199,647
- Trade debts +€91,715
up €91,715 (+9.3%), from €983,995 to €1.1m
- Short-term financial debts -€73,085
down €73,085 (-77.3%), from €94,569 to €21,484
- Tax, wage and social debts +€69,748
up €69,748 (+42.9%), from €162,696 to €232,444
of which Taxes: +€53,564
- Turnover +€510,818
up €510,818 (+9.4%), from €5.5m to €6.0m
- Purchases and services +€463,157
up €463,157 (+10.4%), from €4.4m to €4.9m
- Staff costs -€170,682
down €170,682 (-27.1%), from €629,183 to €458,502
- Gross operating margin +€81,191
up €81,191 (+7.8%), from €1.0m to €1.1m
- Taxes +€73,796
up €73,796 (+119.6%), from €61,716 to €135,512
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.
Cash bridge derived
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 | €4,028,929 | €3,988,977 | -€39,952 | -1.0% |
| Fixed assets | 21/28 | €1,696,817 | €1,748,330 | +€51,513 | +3.0% |
| Tangible fixed assets | 22/27 | €1,679,824 | €1,731,337 | +€51,513 | +3.1% |
| Land and buildings | 22 | €1,322,343 | €1,288,605 | -€33,739 | -2.6% |
| Plant, machinery and equipment | 23 | €63,066 | €45,502 | -€17,564 | -27.9% |
| Furniture and vehicles | 24 | €95,319 | €136,446 | +€41,127 | +43.1% |
| Leasing and similar rights | 25 | €199,095 | €260,784 | +€61,689 | +31.0% |
| Financial fixed assets | 28 | €16,993 | €16,993 | = | 0.0% |
| Current assets | 29/58 | €2,332,112 | €2,240,647 | -€91,465 | -3.9% |
| Amounts receivable within one year | 40/41 | €2,249,838 | €2,222,850 | -€26,988 | -1.2% |
| Trade receivables | 40 | €1,525,366 | €1,500,742 | -€24,624 | -1.6% |
| Other amounts receivable | 41 | €724,472 | €722,108 | -€2,364 | -0.3% |
| Cash at bank and in hand | 54/58 | €82,274 | €12,358 | -€69,916 | -85.0% |
| Deferred charges and accrued income | 490/1 | - | €5,439 | +€5,439 | |
| Total equity and liabilities | 10/49 | €4,028,929 | €3,988,977 | -€39,952 | -1.0% |
| Equity | 10/15 | €639,505 | €837,291 | +€197,787 | +30.9% |
| Contributions | 10/11 | €12,345 | €12,345 | = | 0.0% |
| Reserves | 13 | €1,860 | €199,647 | +€197,787 | +10633.7% |
| Distributable reserves | 133 | €1,860 | €199,647 | +€197,787 | +10633.7% |
| Profit (loss) carried forward | 14 | €625,300 | €625,300 | = | 0.0% |
| Amounts payable | 17/49 | €3,389,424 | €3,151,685 | -€237,738 | -7.0% |
| Amounts payable after more than one year | 17 | €1,068,142 | €1,043,853 | -€24,289 | -2.3% |
| Financial debts | 170/4 | €1,068,142 | €1,043,853 | -€24,289 | -2.3% |
| Amounts payable within one year | 42/48 | €1,372,997 | €1,469,052 | +€96,055 | +7.0% |
| Current portion of amounts payable after more than one year | 42 | €127,153 | €134,830 | +€7,678 | +6.0% |
| Financial debts | 43 | €94,569 | €21,484 | -€73,085 | -77.3% |
| Credit institutions | 430/8 | €94,569 | €21,484 | -€73,085 | -77.3% |
| Trade debts | 44 | €983,995 | €1,075,710 | +€91,715 | +9.3% |
| Suppliers | 440/4 | €983,995 | €1,075,710 | +€91,715 | +9.3% |
| Taxes, remuneration and social security | 45 | €162,696 | €232,444 | +€69,748 | +42.9% |
| Taxes | 450/3 | €146,967 | €200,531 | +€53,564 | +36.4% |
| Remuneration and social security | 454/9 | €15,729 | €31,913 | +€16,184 | +102.9% |
| Other amounts payable | 47/48 | €4,584 | €4,584 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €948,285 | €638,781 | -€309,504 | -32.6% |
| Turnover | 70 | €5,458,040 | €5,968,859 | +€510,818 | +9.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €4,448,894 | €4,912,051 | +€463,157 | +10.4% |
| Remuneration, social security and pensions | 62 | €629,183 | €458,502 | -€170,682 | -27.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €137,187 | €157,518 | +€20,331 | +14.8% |
| Other operating charges | 640/8 | €51,082 | €111,152 | +€60,071 | +117.6% |
| Gross operating margin | 9900 | €1,036,320 | €1,117,510 | +€81,191 | +7.8% |
| Operating profit (loss) | 9901 | €218,867 | €390,339 | +€171,471 | +78.3% |
| Financial income | 75/76B | €12,828 | €12,241 | -€587 | -4.6% |
| Recurring financial income | 75 | €12,828 | €12,241 | -€587 | -4.6% |
| Financial charges | 65/66B | €39,596 | €69,282 | +€29,686 | +75.0% |
| Recurring financial charges | 65 | €39,596 | €59,574 | +€19,978 | +50.5% |
| Non-recurring financial charges | 66B | - | €9,707 | +€9,707 | |
| Profit (loss) for the period before taxes | 9903 | €192,100 | €333,298 | +€141,199 | +73.5% |
| Income taxes | 67/77 | €61,716 | €135,512 | +€73,796 | +119.6% |
| Profit (loss) for the period | 9904 | €130,384 | €197,787 | +€67,403 | +51.7% |
| Profit (loss) for the period to be appropriated | 9905 | €130,384 | €197,787 | +€67,403 | +51.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.