MECA IMMO: 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.
MECA IMMO
Largest movements
- Tangible fixed assets -€25,537
down €25,537 (-3.1%), from €832,525 to €806,988
of which Land and buildings: -€22,261
- Receivables within one year -€14,333
down €14,333 (-99.4%), from €14,421 to €88
of which Other amounts receivable: -€13,440
- Debts after one year -€32,509
down €32,509 (-57.6%), from €56,446 to €23,937
of which Financial debts: -€28,859
- Reserves +€19,103
up €19,103 (+6.7%), from €286,220 to €305,322
- Other debts -€17,985
down €17,985 (-71.1%), from €25,284 to €7,299
- Gross operating margin +€10,522
up €10,522 (+16.4%), from €64,130 to €74,652
- Taxes +€6,993
new in 2025: €6,993
- Other operating charges +€3,930
up €3,930 (+39.2%), from €10,038 to €13,968
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 | €904,435 | €870,691 | -€33,744 | -3.7% |
| Fixed assets | 21/28 | €832,525 | €806,988 | -€25,537 | -3.1% |
| Tangible fixed assets | 22/27 | €832,525 | €806,988 | -€25,537 | -3.1% |
| Land and buildings | 22 | €795,459 | €773,198 | -€22,261 | -2.8% |
| Plant, machinery and equipment | 23 | €37,066 | €33,790 | -€3,276 | -8.8% |
| Current assets | 29/58 | €71,910 | €63,703 | -€8,208 | -11.4% |
| Amounts receivable within one year | 40/41 | €14,421 | €88 | -€14,333 | -99.4% |
| Trade receivables | 40 | €981 | €88 | -€893 | -91.0% |
| Other amounts receivable | 41 | €13,440 | - | -€13,440 | |
| Cash at bank and in hand | 54/58 | €55,623 | €61,610 | +€5,987 | +10.8% |
| Deferred charges and accrued income | 490/1 | €1,866 | €2,004 | +€138 | +7.4% |
| Total equity and liabilities | 10/49 | €904,435 | €870,691 | -€33,744 | -3.7% |
| Equity | 10/15 | €782,340 | €801,442 | +€19,103 | +2.4% |
| Contributions | 10/11 | €496,120 | €496,120 | = | 0.0% |
| Reserves | 13 | €286,220 | €305,322 | +€19,103 | +6.7% |
| Distributable reserves | 133 | €286,220 | €305,322 | +€19,103 | +6.7% |
| Amounts payable | 17/49 | €122,096 | €69,249 | -€52,847 | -43.3% |
| Amounts payable after more than one year | 17 | €56,446 | €23,937 | -€32,509 | -57.6% |
| Financial debts | 170/4 | €51,596 | €22,737 | -€28,859 | -55.9% |
| Other amounts payable | 178/9 | €4,850 | €1,200 | -€3,650 | -75.3% |
| Amounts payable within one year | 42/48 | €65,650 | €45,312 | -€20,338 | -31.0% |
| Current portion of amounts payable after more than one year | 42 | €28,393 | €28,859 | +€466 | +1.6% |
| Trade debts | 44 | €1,137 | €360 | -€776 | -68.3% |
| Suppliers | 440/4 | €1,137 | €360 | -€776 | -68.3% |
| Taxes, remuneration and social security | 45 | €10,836 | €8,793 | -€2,043 | -18.9% |
| Taxes | 450/3 | €10,836 | €8,793 | -€2,043 | -18.9% |
| Other amounts payable | 47/48 | €25,284 | €7,299 | -€17,985 | -71.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,224 | €27,264 | +€40 | +0.1% |
| Other operating charges | 640/8 | €10,038 | €13,968 | +€3,930 | +39.2% |
| Gross operating margin | 9900 | €64,130 | €74,652 | +€10,522 | +16.4% |
| Operating profit (loss) | 9901 | €26,868 | €33,419 | +€6,552 | +24.4% |
| Financial income | 75/76B | €240 | €280 | +€40 | +16.6% |
| Recurring financial income | 75 | €240 | €280 | +€40 | +16.6% |
| Financial charges | 65/66B | €1,923 | €1,604 | -€319 | -16.6% |
| Recurring financial charges | 65 | €1,923 | €1,466 | -€457 | -23.8% |
| Non-recurring financial charges | 66B | - | €138 | +€138 | |
| Profit (loss) for the period before taxes | 9903 | €25,185 | €32,096 | +€6,910 | +27.4% |
| Income taxes | 67/77 | - | €6,993 | +€6,993 | |
| Profit (loss) for the period | 9904 | €25,185 | €25,103 | -€83 | -0.3% |
| Profit (loss) for the period to be appropriated | 9905 | €25,185 | €25,103 | -€83 | -0.3% |
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 11 October 2026 via checked.be.