MECA-FLUID: 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.
What changed
MECA-FLUID
NACE 28.990, Manufacture of machinery and equipment not elsewhere classified
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€151,503
2024 · €3,135+€148,368
Equity
€825,881
2024 · €674,378+€151,503
Cash
€273,426
2024 · €279,740-€6,314
Balance sheet total
€4.1m
2024 · €3.5m+€606,458
Largest movements
Assets
- Receivables within one year +€443,280
up €443,280 (+26.6%), from €1.7m to €2.1m
of which Trade receivables: +€519,413
- Stocks and contracts +€151,158
up €151,158 (+14.2%), from €1.1m to €1.2m
- Current investments +€60,008
up €60,008 (+45381.3%), from €132 to €60,140
- Tangible fixed assets -€43,299
down €43,299 (-9.6%), from €451,803 to €408,504
of which Furniture and vehicles: -€52,158
Equity and liabilities
- Trade debts +€418,255
up €418,255 (+23.9%), from €1.8m to €2.2m
- Advances received +€271,569
new in 2025: €271,569
- Profit (loss) carried forward +€151,503
up €151,503 (+25.2%), from €601,818 to €753,322
- Debts after one year -€104,020
down €104,020 (-35.6%), from €292,327 to €188,307
- Tax, wage and social debts -€42,304
down €42,304 (-13.3%), from €316,916 to €274,612
of which Taxes: -€98,374
Income statement
- Gross operating margin +€786,888
up €786,888 (+39.7%), from €2.0m to €2.8m
- Staff costs +€449,046
up €449,046 (+23.7%), from €1.9m to €2.3m
- Depreciation +€71,159
up €71,159 (+73.3%), from €97,109 to €168,267
- Taxes +€59,059
up €59,059 (+321.4%), from €18,375 to €77,434
- Write-downs +€48,389
up €48,389, from -€48,389 to €0
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.
Result 2024
€3,135
Gross operating margin
+€786,888
Staff costs
-€449,046
Depreciation
-€71,159
Write-downs
-€48,389
Provisions
-€19,571
Other operating charges
+€2,859
Other operating items
+€9,061
Financial income
+€810
Financial charges
-€4,026
Taxes
-€59,059
Result 2025
€151,503
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.
From operations
+€336,006
Investment
-€201,983
Financing
-€140,337
Cash 2024
€279,740
From operations (derived)
+€336,006
Net result for the year
+€151,503
Depreciation
+€168,267
Stocks and contracts
-€151,158
Receivables within one year
-€443,280
Deferred charges and accrued income
+€15,382
Trade debts
+€418,255
Tax, wage and social debts
-€42,304
Advances received
+€271,569
Other debts
-€25,000
Accrued charges and deferred income
-€27,229
Investment (derived)
-€201,983
Investment in fixed assets (net)
-€141,976
Current investments
-€60,008
Financing
-€140,337
Debts after one year
-€104,020
Current portion of long-term debt
-€36,317
Cash 2025
€273,426
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,505,035 | €4,111,493 | +€606,458 | +17.3% |
| Fixed assets | 21/28 | €470,250 | €443,958 | -€26,292 | -5.6% |
| Intangible fixed assets | 21 | €18,242 | €35,249 | +€17,007 | +93.2% |
| Tangible fixed assets | 22/27 | €451,803 | €408,504 | -€43,299 | -9.6% |
| Plant, machinery and equipment | 23 | €125,252 | €131,161 | +€5,909 | +4.7% |
| Furniture and vehicles | 24 | €321,777 | €269,619 | -€52,158 | -16.2% |
| Other tangible fixed assets | 26 | €4,774 | €7,724 | +€2,950 | +61.8% |
| Financial fixed assets | 28 | €205 | €205 | = | 0.0% |
| Current assets | 29/58 | €3,034,785 | €3,667,535 | +€632,750 | +20.8% |
| Stocks and contracts in progress | 3 | €1,062,549 | €1,213,707 | +€151,158 | +14.2% |
| Stocks | 30/36 | €1,062,549 | €1,213,707 | +€151,158 | +14.2% |
| Amounts receivable within one year | 40/41 | €1,663,752 | €2,107,032 | +€443,280 | +26.6% |
| Trade receivables | 40 | €1,567,124 | €2,086,537 | +€519,413 | +33.1% |
| Other amounts receivable | 41 | €96,627 | €20,495 | -€76,133 | -78.8% |
| Current investments | 50/53 | €132 | €60,140 | +€60,008 | +45381.3% |
| Cash at bank and in hand | 54/58 | €279,740 | €273,426 | -€6,314 | -2.3% |
| Deferred charges and accrued income | 490/1 | €28,612 | €13,230 | -€15,382 | -53.8% |
| Total equity and liabilities | 10/49 | €3,505,035 | €4,111,493 | +€606,458 | +17.3% |
| Equity | 10/15 | €674,378 | €825,881 | +€151,503 | +22.5% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €54,010 | €54,010 | = | 0.0% |
| Tax-exempt reserves | 132 | €52,155 | €52,155 | = | 0.0% |
| Distributable reserves | 133 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €601,818 | €753,322 | +€151,503 | +25.2% |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Provisions for liabilities and charges | 160/5 | €0 | - | = | |
| Other liabilities and charges | 164/5 | €0 | - | = | |
| Amounts payable | 17/49 | €2,830,657 | €3,285,612 | +€454,955 | +16.1% |
| Amounts payable after more than one year | 17 | €292,327 | €188,307 | -€104,020 | -35.6% |
| Financial debts | 170/4 | €292,327 | €188,307 | -€104,020 | -35.6% |
| Amounts payable within one year | 42/48 | €2,509,836 | €3,096,040 | +€586,204 | +23.4% |
| Current portion of amounts payable after more than one year | 42 | €242,718 | €206,401 | -€36,317 | -15.0% |
| Trade debts | 44 | €1,750,107 | €2,168,362 | +€418,255 | +23.9% |
| Suppliers | 440/4 | €1,750,107 | €2,168,362 | +€418,255 | +23.9% |
| Advances received on contracts in progress | 46 | - | €271,569 | +€271,569 | |
| Taxes, remuneration and social security | 45 | €316,916 | €274,612 | -€42,304 | -13.3% |
| Taxes | 450/3 | €118,079 | €19,706 | -€98,374 | -83.3% |
| Remuneration and social security | 454/9 | €198,837 | €254,906 | +€56,070 | +28.2% |
| Other amounts payable | 47/48 | €200,096 | €175,096 | -€25,000 | -12.5% |
| Accrued charges and deferred income | 492/3 | €28,494 | €1,265 | -€27,229 | -95.6% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €1,897,556 | €2,346,602 | +€449,046 | +23.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €97,109 | €168,267 | +€71,159 | +73.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€48,389 | €0 | +€48,389 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€19,571 | €0 | +€19,571 | |
| Other operating charges | 640/8 | €7,923 | €5,064 | -€2,859 | -36.1% |
| Non-recurring operating charges | 66A | €9,061 | €0 | -€9,061 | -100.0% |
| Gross operating margin | 9900 | €1,981,242 | €2,768,130 | +€786,888 | +39.7% |
| Operating profit (loss) | 9901 | €37,554 | €248,197 | +€210,644 | +560.9% |
| Financial income | 75/76B | €3,488 | €4,297 | +€810 | +23.2% |
| Recurring financial income | 75 | €3,488 | €4,297 | +€810 | +23.2% |
| Financial charges | 65/66B | €19,531 | €23,557 | +€4,026 | +20.6% |
| Recurring financial charges | 65 | €19,531 | €23,557 | +€4,026 | +20.6% |
| Profit (loss) for the period before taxes | 9903 | €21,510 | €228,938 | +€207,427 | +964.3% |
| Income taxes | 67/77 | €18,375 | €77,434 | +€59,059 | +321.4% |
| Profit (loss) for the period | 9904 | €3,135 | €151,503 | +€148,368 | +4732.6% |
| Profit (loss) for the period to be appropriated | 9905 | €3,135 | €151,503 | +€148,368 | +4732.6% |
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 5 October 2026 via checked.be.