MECA BRAID: what changed
Two fiscal 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.
MECA BRAID
Largest movements
- Receivables within one year +€80,855
up €80,855 (+102.9%), from €78,585 to €159,440
of which Other amounts receivable: +€83,372
- Cash +€4,875
up €4,875 (+548.3%), from €889 to €5,764
mainly Net result for the year (+€81,027) and Other debts (+€72,000)
- Trade debts -€101,477
down €101,477 (-95.9%), from €105,784 to €4,307
- Other debts +€72,000
up €72,000 (+72.5%), from €99,328 to €171,328
- Reserves +€50,000
new in 2025: €50,000
- Tax, wage and social debts +€36,422
up €36,422 (+360.9%), from €10,093 to €46,516
- Profit (loss) carried forward +€31,027
up €31,027 (+121.0%), from €25,646 to €56,673
- Gross operating margin +€74,635
up €74,635 (+198.2%), from €37,652 to €112,287
- Taxes +€26,329
up €26,329 (+260.9%), from €10,093 to €36,422
- Financial income +€6,214
new in 2025: €6,214
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 | €259,475 | €347,424 | +€87,950 | +33.9% |
| Fixed assets | 21/28 | €180,000 | €182,219 | +€2,219 | +1.2% |
| Tangible fixed assets | 22/27 | - | €2,219 | +€2,219 | |
| Furniture and vehicles | 24 | - | €2,219 | +€2,219 | |
| Financial fixed assets | 28 | €180,000 | €180,000 | = | 0.0% |
| Current assets | 29/58 | €79,475 | €165,205 | +€85,730 | +107.9% |
| Amounts receivable within one year | 40/41 | €78,585 | €159,440 | +€80,855 | +102.9% |
| Trade receivables | 40 | €42,517 | €40,000 | -€2,517 | -5.9% |
| Other amounts receivable | 41 | €36,069 | €119,440 | +€83,372 | +231.1% |
| Cash at bank and in hand | 54/58 | €889 | €5,764 | +€4,875 | +548.3% |
| Total equity and liabilities | 10/49 | €259,475 | €347,424 | +€87,950 | +33.9% |
| Equity | 10/15 | €44,246 | €125,273 | +€81,027 | +183.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | - | €50,000 | +€50,000 | |
| Distributable reserves | 133 | - | €50,000 | +€50,000 | |
| Profit (loss) carried forward | 14 | €25,646 | €56,673 | +€31,027 | +121.0% |
| Amounts payable | 17/49 | €215,229 | €222,151 | +€6,922 | +3.2% |
| Amounts payable within one year | 42/48 | €215,206 | €222,151 | +€6,945 | +3.2% |
| Trade debts | 44 | €105,784 | €4,307 | -€101,477 | -95.9% |
| Suppliers | 440/4 | €105,784 | €4,307 | -€101,477 | -95.9% |
| Taxes, remuneration and social security | 45 | €10,093 | €46,516 | +€36,422 | +360.9% |
| Taxes | 450/3 | €10,093 | €46,516 | +€36,422 | +360.9% |
| Other amounts payable | 47/48 | €99,328 | €171,328 | +€72,000 | +72.5% |
| Accrued charges and deferred income | 492/3 | €23 | - | -€23 | |
| Non-recurring operating income | 76A | €1,500 | €6 | -€1,495 | -99.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €126 | +€126 | |
| Other operating charges | 640/8 | €384 | €384 | = | 0.0% |
| Non-recurring operating charges | 66A | - | €292 | +€292 | |
| Gross operating margin | 9900 | €37,652 | €112,287 | +€74,635 | +198.2% |
| Operating profit (loss) | 9901 | €37,267 | €111,484 | +€74,217 | +199.1% |
| Financial income | 75/76B | - | €6,214 | +€6,214 | |
| Recurring financial income | 75 | - | €6,214 | +€6,214 | |
| Financial charges | 65/66B | €242 | €249 | +€7 | +2.8% |
| Recurring financial charges | 65 | €242 | €249 | +€7 | +2.8% |
| Profit (loss) for the period before taxes | 9903 | €37,026 | €117,450 | +€80,424 | +217.2% |
| Income taxes | 67/77 | €10,093 | €36,422 | +€26,329 | +260.9% |
| Profit (loss) for the period | 9904 | €26,932 | €81,027 | +€54,095 | +200.9% |
| Profit (loss) for the period to be appropriated | 9905 | €26,932 | €81,027 | +€54,095 | +200.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.