MECAINVEST: 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.
MECAINVEST
Largest movements
- Receivables within one year -€975,684
down €975,684 (-96.0%), from €1.0m to €41,089
of which Trade receivables: -€1.0m
- Current investments +€772,500
new in 2025: €772,500
- Cash -€179,849
down €179,849 (-88.9%), from €202,265 to €22,415
mainly Contributions, distributions and other (-€850,000) and Current investments (-€772,500)
- Tangible fixed assets -€38,858
down €38,858 (-10.5%), from €369,412 to €330,554
of which Furniture and vehicles: -€35,795
- Profit (loss) carried forward -€812,887
down €812,887 (-74.6%), from €1.1m to €276,508
- Other debts +€461,731
up €461,731 (+158.4%), from €291,474 to €753,205
- Debts after one year -€42,569
down €42,569 (-22.1%), from €192,982 to €150,413
- Trade debts -€30,324
down €30,324 (-72.1%), from €42,037 to €11,713
- Financial income -€999,748
down €999,748 (-100.0%), from €1.0m to €252
- Other operating charges -€30,406
down €30,406 (-95.7%), from €31,787 to €1,381
- Depreciation +€18,839
up €18,839 (+79.3%), from €23,768 to €42,608
- Gross operating margin +€14,870
up €14,870 (+17.1%), from €86,939 to €101,808
- Financial charges +€4,944
up €4,944 (+135.7%), from €3,643 to €8,587
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 | €1,944,046 | €1,522,154 | -€421,891 | -21.7% |
| Fixed assets | 21/28 | €725,008 | €686,150 | -€38,858 | -5.4% |
| Tangible fixed assets | 22/27 | €369,412 | €330,554 | -€38,858 | -10.5% |
| Land and buildings | 22 | €249,508 | €246,445 | -€3,063 | -1.2% |
| Furniture and vehicles | 24 | €119,904 | €84,109 | -€35,795 | -29.9% |
| Financial fixed assets | 28 | €355,596 | €355,596 | = | 0.0% |
| Current assets | 29/58 | €1,219,038 | €836,005 | -€383,034 | -31.4% |
| Amounts receivable within one year | 40/41 | €1,016,774 | €41,089 | -€975,684 | -96.0% |
| Trade receivables | 40 | €1,012,200 | €5 | -€1.0m | -100.0% |
| Other amounts receivable | 41 | €4,574 | €41,084 | +€36,511 | +798.3% |
| Current investments | 50/53 | - | €772,500 | +€772,500 | |
| Cash at bank and in hand | 54/58 | €202,265 | €22,415 | -€179,849 | -88.9% |
| Total equity and liabilities | 10/49 | €1,944,046 | €1,522,154 | -€421,891 | -21.7% |
| Equity | 10/15 | €1,372,395 | €559,508 | -€812,887 | -59.2% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €233,000 | €233,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,000 | €5,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,000 | €5,000 | = | 0.0% |
| Distributable reserves | 133 | €228,000 | €228,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,089,395 | €276,508 | -€812,887 | -74.6% |
| Amounts payable | 17/49 | €571,651 | €962,647 | +€390,996 | +68.4% |
| Amounts payable after more than one year | 17 | €192,982 | €150,413 | -€42,569 | -22.1% |
| Financial debts | 170/4 | €192,982 | €150,413 | -€42,569 | -22.1% |
| Amounts payable within one year | 42/48 | €378,669 | €812,234 | +€433,564 | +114.5% |
| Current portion of amounts payable after more than one year | 42 | €40,906 | €42,569 | +€1,663 | +4.1% |
| Trade debts | 44 | €42,037 | €11,713 | -€30,324 | -72.1% |
| Suppliers | 440/4 | €42,037 | €11,713 | -€30,324 | -72.1% |
| Taxes, remuneration and social security | 45 | €4,252 | €4,747 | +€495 | +11.6% |
| Taxes | 450/3 | €4,252 | €4,747 | +€495 | +11.6% |
| Other amounts payable | 47/48 | €291,474 | €753,205 | +€461,731 | +158.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,768 | €42,608 | +€18,839 | +79.3% |
| Other operating charges | 640/8 | €31,787 | €1,381 | -€30,406 | -95.7% |
| Gross operating margin | 9900 | €86,939 | €101,808 | +€14,870 | +17.1% |
| Operating profit (loss) | 9901 | €31,383 | €57,819 | +€26,436 | +84.2% |
| Financial income | 75/76B | €1,000,000 | €252 | -€999,748 | -100.0% |
| Recurring financial income | 75 | €1,000,000 | €252 | -€999,748 | -100.0% |
| Financial charges | 65/66B | €3,643 | €8,587 | +€4,944 | +135.7% |
| Recurring financial charges | 65 | €3,643 | €8,587 | +€4,944 | +135.7% |
| Profit (loss) for the period before taxes | 9903 | €1,027,740 | €49,484 | -€978,256 | -95.2% |
| Income taxes | 67/77 | €11,946 | €12,371 | +€426 | +3.6% |
| Profit (loss) for the period | 9904 | €1,015,794 | €37,113 | -€978,681 | -96.3% |
| Profit (loss) for the period to be appropriated | 9905 | €1,015,794 | €37,113 | -€978,681 | -96.3% |
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.