MECAIMMO: 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.
MECAIMMO
Largest movements
- Receivables after one year -€26,000
down €26,000 (-30.6%), from €85,000 to €59,000
- Cash +€21,429
up €21,429 (+9.3%), from €231,336 to €252,765
mainly Net result for the year (+€33,393) and Receivables after one year (+€26,000)
- Tangible fixed assets -€11,474
down €11,474 (-5.1%), from €224,593 to €213,119
of which Land and buildings: -€8,359
- Tax, wage and social debts -€12,537
down €12,537 (-78.3%), from €16,015 to €3,478
- Reserves +€10,985
up €10,985 (+7.0%), from €156,730 to €167,715
of which Distributable reserves: +€10,985
- Other debts -€6,097
down €6,097 (-20.9%), from €29,164 to €23,067
- Gross operating margin +€12,957
up €12,957 (+17.7%), from €73,104 to €86,060
- Financial income -€6,969
down €6,969 (-71.6%), from €9,732 to €2,763
- Other operating charges +€2,861
up €2,861 (+24.5%), from €11,694 to €14,555
- Taxes +€2,389
up €2,389 (+19.2%), from €12,426 to €14,814
- Depreciation +€2,245
up €2,245 (+10.3%), from €21,721 to €23,965
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 | €563,100 | €551,982 | -€11,119 | -2.0% |
| Formation expenses | 20 | €836 | €345 | -€491 | -58.7% |
| Fixed assets | 21/28 | €224,593 | €213,119 | -€11,474 | -5.1% |
| Tangible fixed assets | 22/27 | €224,593 | €213,119 | -€11,474 | -5.1% |
| Land and buildings | 22 | €204,609 | €196,249 | -€8,359 | -4.1% |
| Plant, machinery and equipment | 23 | €19,984 | €16,869 | -€3,115 | -15.6% |
| Current assets | 29/58 | €337,672 | €338,518 | +€847 | +0.3% |
| Amounts receivable after more than one year | 29 | €85,000 | €59,000 | -€26,000 | -30.6% |
| Other amounts receivable | 291 | €85,000 | €59,000 | -€26,000 | -30.6% |
| Amounts receivable within one year | 40/41 | €20,654 | €26,009 | +€5,356 | +25.9% |
| Other amounts receivable | 41 | €20,654 | €26,009 | +€5,356 | +25.9% |
| Cash at bank and in hand | 54/58 | €231,336 | €252,765 | +€21,429 | +9.3% |
| Deferred charges and accrued income | 490/1 | €682 | €744 | +€62 | +9.1% |
| Total equity and liabilities | 10/49 | €563,100 | €551,982 | -€11,119 | -2.0% |
| Equity | 10/15 | €311,284 | €321,937 | +€10,653 | +3.4% |
| Contributions | 10/11 | €153,965 | €153,965 | = | 0.0% |
| Reserves | 13 | €156,730 | €167,715 | +€10,985 | +7.0% |
| Tax-exempt reserves | 132 | €87 | €87 | = | 0.0% |
| Distributable reserves | 133 | €156,643 | €167,628 | +€10,985 | +7.0% |
| Investment grants | 15 | €589 | €257 | -€332 | -56.4% |
| Amounts payable | 17/49 | €251,817 | €230,045 | -€21,772 | -8.6% |
| Amounts payable after more than one year | 17 | €200,000 | €200,000 | = | 0.0% |
| Financial debts | 170/4 | €200,000 | €200,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €49,817 | €28,045 | -€21,772 | -43.7% |
| Trade debts | 44 | €4,637 | €1,500 | -€3,137 | -67.7% |
| Suppliers | 440/4 | €4,637 | €1,500 | -€3,137 | -67.7% |
| Taxes, remuneration and social security | 45 | €16,015 | €3,478 | -€12,537 | -78.3% |
| Taxes | 450/3 | €16,015 | €3,478 | -€12,537 | -78.3% |
| Other amounts payable | 47/48 | €29,164 | €23,067 | -€6,097 | -20.9% |
| Accrued charges and deferred income | 492/3 | €2,000 | €2,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,721 | €23,965 | +€2,245 | +10.3% |
| Other operating charges | 640/8 | €11,694 | €14,555 | +€2,861 | +24.5% |
| Gross operating margin | 9900 | €73,104 | €86,060 | +€12,957 | +17.7% |
| Operating profit (loss) | 9901 | €39,689 | €47,540 | +€7,851 | +19.8% |
| Financial income | 75/76B | €9,732 | €2,763 | -€6,969 | -71.6% |
| Recurring financial income | 75 | €9,732 | €2,763 | -€6,969 | -71.6% |
| Financial charges | 65/66B | €2,117 | €2,096 | -€21 | -1.0% |
| Recurring financial charges | 65 | €2,117 | €2,096 | -€21 | -1.0% |
| Profit (loss) for the period before taxes | 9903 | €47,304 | €48,207 | +€903 | +1.9% |
| Income taxes | 67/77 | €12,426 | €14,814 | +€2,389 | +19.2% |
| Profit (loss) for the period | 9904 | €34,878 | €33,393 | -€1,486 | -4.3% |
| Profit (loss) for the period to be appropriated | 9905 | €34,878 | €33,393 | -€1,486 | -4.3% |
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 10 October 2026 via checked.be.