MECAHOLD: what changed
What changed
MECAHOLD
NACE 64.210, Activities of holding companies
filed annual accounts (NBB)
Net result for the year
€252,811
2024 · €796,298-€543,487
Equity
€849,109
2024 · €696,298+€152,811
Cash
€32,775
2024 · €64,559-€31,784
Balance sheet total
€10.0m
2024 · €10.3m-€311,867
Largest movements
Assets
- Deferred charges and accrued income -€155,000
down €155,000 (-60.8%), from €255,000 to €100,000
Equity and liabilities
- Debts after one year -€332,162
down €332,162 (-3.7%), from €9.0m to €8.7m
of which Financial debts: -€275,128
- Reserves +€152,811
up €152,811 (+25.6%), from €596,298 to €749,109
Income statement
- Financial income -€504,996
down €504,996 (-45.7%), from €1.1m to €600,006
- Gross operating margin -€190,001
down €190,001, from €150,488 to -€39,513
- Financial charges -€150,209
down €150,209 (-32.8%), from €457,465 to €307,256
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€796,298
Gross operating margin
-€190,001
Depreciation
+€1,343
Other operating charges
-€41
Financial income
-€504,996
Financial charges
+€150,209
Result 2025
€252,811
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€345,558
Investment
+€45,285
Financing
-€422,627
Cash 2024
€64,559
From operations (derived)
+€345,558
Net result for the year
+€252,811
Receivables within one year
+€79,798
Deferred charges and accrued income
+€155,000
Trade debts
-€39,935
Tax, wage and social debts
+€10,509
Other debts
-€100,000
Accrued charges and deferred income
-€12,625
Investment (derived)
+€45,285
Investment in fixed assets (net)
+€45,285
Financing
-€422,627
Debts after one year
-€332,162
Current portion of long-term debt
+€9,535
Contributions, distributions and other
-€100,000
Cash 2025
€32,775
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €10,304,280 | €9,992,413 | -€311,867 | -3.0% |
| Fixed assets | 21/28 | €9,839,658 | €9,794,373 | -€45,285 | -0.5% |
| Financial fixed assets | 28 | €9,839,658 | €9,794,373 | -€45,285 | -0.5% |
| Current assets | 29/58 | €464,622 | €198,040 | -€266,582 | -57.4% |
| Amounts receivable within one year | 40/41 | €145,063 | €65,265 | -€79,798 | -55.0% |
| Trade receivables | 40 | €139,566 | €52,860 | -€86,706 | -62.1% |
| Other amounts receivable | 41 | €5,497 | €12,405 | +€6,908 | +126% |
| Cash at bank and in hand | 54/58 | €64,559 | €32,775 | -€31,784 | -49.2% |
| Deferred charges and accrued income | 490/1 | €255,000 | €100,000 | -€155,000 | -60.8% |
| Total equity and liabilities | 10/49 | €10,304,280 | €9,992,413 | -€311,867 | -3.0% |
| Equity | 10/15 | €696,298 | €849,109 | +€152,811 | +21.9% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €596,298 | €749,109 | +€152,811 | +25.6% |
| Distributable reserves | 133 | €596,298 | €749,109 | +€152,811 | +25.6% |
| Amounts payable | 17/49 | €9,607,982 | €9,143,304 | -€464,678 | -4.8% |
| Amounts payable after more than one year | 17 | €9,018,357 | €8,686,195 | -€332,162 | -3.7% |
| Financial debts | 170/4 | €1,478,019 | €1,202,891 | -€275,128 | -18.6% |
| Other amounts payable | 178/9 | €7,540,338 | €7,483,304 | -€57,034 | -0.8% |
| Amounts payable within one year | 42/48 | €557,965 | €438,073 | -€119,891 | -21.5% |
| Current portion of amounts payable after more than one year | 42 | €265,593 | €275,128 | +€9,535 | +3.6% |
| Trade debts | 44 | €83,922 | €43,988 | -€39,935 | -47.6% |
| Suppliers | 440/4 | €83,922 | €43,988 | -€39,935 | -47.6% |
| Taxes, remuneration and social security | 45 | €8,449 | €18,958 | +€10,509 | +124% |
| Taxes | 450/3 | €8,449 | €18,958 | +€10,509 | +124% |
| Other amounts payable | 47/48 | €200,000 | €100,000 | -€100,000 | -50.0% |
| Accrued charges and deferred income | 492/3 | €31,660 | €19,035 | -€12,625 | -39.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,343 | - | -€1,343 | |
| Other operating charges | 640/8 | €384 | €425 | +€41 | +10.6% |
| Gross operating margin | 9900 | €150,488 | -€39,513 | -€190,001 | |
| Operating profit (loss) | 9901 | €148,760 | -€39,939 | -€188,699 | |
| Financial income | 75/76B | €1,105,002 | €600,006 | -€504,996 | -45.7% |
| Recurring financial income | 75 | €1,105,002 | €600,006 | -€504,996 | -45.7% |
| Financial charges | 65/66B | €457,465 | €307,256 | -€150,209 | -32.8% |
| Recurring financial charges | 65 | €457,465 | €307,256 | -€150,209 | -32.8% |
| Profit (loss) for the period before taxes | 9903 | €796,298 | €252,811 | -€543,487 | -68.3% |
| Profit (loss) for the period | 9904 | €796,298 | €252,811 | -€543,487 | -68.3% |
| Profit (loss) for the period to be appropriated | 9905 | €796,298 | €252,811 | -€543,487 | -68.3% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.