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MecaHub: 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

MecaHub

BE 0803.621.937
NACE 28.990, Manufacture of machinery and equipment not elsewhere classified
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€127,528
2024 · €124,076+€3,452
Equity
€351,604
2024 · €224,076+€127,528
Cash
€300,634
2024 · €209,438+€91,197
Balance sheet total
€367,277
2024 · €251,798+€115,479

Largest movements

2024 to 2025
Assets
  • Cash +€91,197

    up €91,197 (+43.5%), from €209,438 to €300,634

    mainly Net result for the year (+€127,528) and Receivables within one year (+€30,201)

  • Current investments +€49,583

    new in 2025: €49,583

  • Receivables within one year -€30,201

    down €30,201 (-73.8%), from €40,898 to €10,697

    of which Other amounts receivable: -€30,259

Equity and liabilities
  • Reserves +€127,528

    up €127,528 (+102.8%), from €124,076 to €251,604

  • Trade debts -€13,439

    down €13,439 (-87.8%), from €15,314 to €1,876

Income statement
  • Financial income +€5,405

    up €5,405 (+1853.5%), from €292 to €5,697

  • Gross operating margin -€2,738

    down €2,738 (-1.5%), from €179,417 to €176,679

From the 2024 result to the 2025 result

effect on the 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 €124,076
Gross operating margin -€2,738
Depreciation +€792
Other operating charges +€902
Financial income +€5,405
Financial charges -€28
Taxes -€881
Result 2025 €127,528

Cash bridge derived

cash 2024 to 2025

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 +€143,234
Investment -€52,078
Financing +€42
Cash 2024 €209,438
Net result for the year +€127,528
Depreciation +€98
Receivables within one year +€30,201
Deferred charges and accrued income -€2,503
Trade debts -€13,439
Tax, wage and social debts +€345
Accrued charges and deferred income +€1,003
Investment in fixed assets (net) -€2,495
Current investments -€49,583
Short-term financial debts +€42
Cash 2025 €300,634
Every line side by side 37 lines
Line Code 2024 2025 Change %
Total assets 20/58 €251,798 €367,277 +€115,479 +45.9%
Fixed assets 21/28 - €2,397 +€2,397
Tangible fixed assets 22/27 - €2,397 +€2,397
Plant, machinery and equipment 23 - €2,397 +€2,397
Current assets 29/58 €251,798 €364,880 +€113,082 +44.9%
Amounts receivable within one year 40/41 €40,898 €10,697 -€30,201 -73.8%
Trade receivables 40 €82 €140 +€58 +70.6%
Other amounts receivable 41 €40,816 €10,557 -€30,259 -74.1%
Current investments 50/53 - €49,583 +€49,583
Cash at bank and in hand 54/58 €209,438 €300,634 +€91,197 +43.5%
Deferred charges and accrued income 490/1 €1,462 €3,966 +€2,503 +171.2%
Total equity and liabilities 10/49 €251,798 €367,277 +€115,479 +45.9%
Equity 10/15 €224,076 €351,604 +€127,528 +56.9%
Contributions 10/11 €100,000 €100,000 = 0.0%
Reserves 13 €124,076 €251,604 +€127,528 +102.8%
Distributable reserves 133 €124,076 €251,604 +€127,528 +102.8%
Amounts payable 17/49 €27,722 €15,673 -€12,049 -43.5%
Amounts payable within one year 42/48 €27,722 €14,670 -€13,052 -47.1%
Financial debts 43 - €42 +€42
Credit institutions 430/8 - €42 +€42
Trade debts 44 €15,314 €1,876 -€13,439 -87.8%
Suppliers 440/4 €15,314 €1,876 -€13,439 -87.8%
Taxes, remuneration and social security 45 €12,408 €12,753 +€345 +2.8%
Taxes 450/3 €12,408 €12,753 +€345 +2.8%
Accrued charges and deferred income 492/3 - €1,003 +€1,003
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €890 €98 -€792 -88.9%
Other operating charges 640/8 €1,487 €585 -€902 -60.6%
Gross operating margin 9900 €179,417 €176,679 -€2,738 -1.5%
Operating profit (loss) 9901 €177,040 €175,995 -€1,044 -0.6%
Financial income 75/76B €292 €5,697 +€5,405 +1853.5%
Recurring financial income 75 €292 €5,697 +€5,405 +1853.5%
Financial charges 65/66B €68 €95 +€28 +41.0%
Recurring financial charges 65 €68 €95 +€28 +41.0%
Profit (loss) for the period before taxes 9903 €177,264 €181,597 +€4,333 +2.4%
Income taxes 67/77 €53,188 €54,069 +€881 +1.7%
Profit (loss) for the period 9904 €124,076 €127,528 +€3,452 +2.8%
Profit (loss) for the period to be appropriated 9905 €124,076 €127,528 +€3,452 +2.8%

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 2 October 2026 via checked.be.