mecanic systems: 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
mecanic systems
NACE 32.990, Other manufacturing not elsewhere classified
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€25,595
2024 · €64,732-€39,136
Equity
€3.5m
2024 · €3.5m+€25,595
Cash
€1.4m
2024 · €1.9m-€523,624
Balance sheet total
€5.1m
2024 · €5.0m+€108,696
Largest movements
Assets
- Receivables within one year +€696,403
up €696,403 (+64.9%), from €1.1m to €1.8m
of which Trade receivables: +€709,805
- Cash -€523,624
down €523,624 (-27.8%), from €1.9m to €1.4m
mainly Receivables within one year (-€696,403) and Investment in fixed assets (net) (-€528,006)
- Tangible fixed assets -€86,354
down €86,354 (-5.4%), from €1.6m to €1.5m
of which Plant, machinery and equipment: -€100,691
Equity and liabilities
- Debts after one year +€81,540
up €81,540 (+15.9%), from €513,455 to €594,995
Income statement
- Staff costs -€175,415
down €175,415 (-7.3%), from €2.4m to €2.2m
- Depreciation +€119,613
up €119,613 (+24.2%), from €494,748 to €614,360
- Provisions +€100,000
up €100,000, from -€100,000 to €0
- Taxes -€58,489
down €58,489 (-77.7%), from €75,284 to €16,795
- Gross operating margin -€45,909
down €45,909 (-1.6%), from €2.9m to €2.9m
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.
Result 2024
€64,732
Gross operating margin
-€45,909
Staff costs
+€175,415
Depreciation
-€119,613
Provisions
-€100,000
Other operating charges
-€18
Other operating items
-€186
Financial income
-€2,276
Financial charges
-€5,038
Taxes
+€58,489
Result 2025
€25,595
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.
From operations
-€64,019
Investment
-€528,006
Financing
+€68,400
Cash 2024
€1.9m
From operations (derived)
-€64,019
Net result for the year
+€25,595
Depreciation
+€614,360
Stocks and contracts
-€30,057
Receivables within one year
-€696,403
Deferred charges and accrued income
+€7,786
Trade debts
-€46,221
Tax, wage and social debts
+€42,122
Accrued charges and deferred income
+€18,799
Investment (derived)
-€528,006
Investment in fixed assets (net)
-€528,006
Financing
+€68,400
Debts after one year
+€81,540
Current portion of long-term debt
-€13,140
Cash 2025
€1.4m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,994,593 | €5,103,289 | +€108,696 | +2.2% |
| Fixed assets | 21/28 | €1,592,894 | €1,506,539 | -€86,354 | -5.4% |
| Tangible fixed assets | 22/27 | €1,592,353 | €1,505,999 | -€86,354 | -5.4% |
| Land and buildings | 22 | €21,695 | €16,279 | -€5,415 | -25.0% |
| Plant, machinery and equipment | 23 | €1,488,586 | €1,387,894 | -€100,691 | -6.8% |
| Furniture and vehicles | 24 | €82,073 | €101,825 | +€19,752 | +24.1% |
| Financial fixed assets | 28 | €541 | €541 | = | 0.0% |
| Current assets | 29/58 | €3,401,699 | €3,596,750 | +€195,050 | +5.7% |
| Stocks and contracts in progress | 3 | €436,173 | €466,230 | +€30,057 | +6.9% |
| Stocks | 30/36 | €436,173 | €466,230 | +€30,057 | +6.9% |
| Amounts receivable within one year | 40/41 | €1,072,635 | €1,769,037 | +€696,403 | +64.9% |
| Trade receivables | 40 | €1,029,038 | €1,738,842 | +€709,805 | +69.0% |
| Other amounts receivable | 41 | €43,597 | €30,195 | -€13,402 | -30.7% |
| Cash at bank and in hand | 54/58 | €1,885,107 | €1,361,483 | -€523,624 | -27.8% |
| Deferred charges and accrued income | 490/1 | €7,786 | €0 | -€7,786 | -100.0% |
| Total equity and liabilities | 10/49 | €4,994,593 | €5,103,289 | +€108,696 | +2.2% |
| Equity | 10/15 | €3,514,945 | €3,540,540 | +€25,595 | +0.7% |
| Contributions | 10/11 | €2,000,000 | €2,000,000 | = | 0.0% |
| Capital | 10 | €2,000,000 | €2,000,000 | = | 0.0% |
| Issued capital | 100 | €2,000,000 | €2,000,000 | = | 0.0% |
| Reserves | 13 | €297,241 | €298,520 | +€1,280 | +0.4% |
| Non-distributable reserves | 130/1 | €74,891 | €76,170 | +€1,280 | +1.7% |
| Legal reserve | 130 | €74,891 | €76,170 | +€1,280 | +1.7% |
| Tax-exempt reserves | 132 | €147,350 | €147,350 | = | 0.0% |
| Distributable reserves | 133 | €75,000 | €75,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,217,704 | €1,242,020 | +€24,315 | +2.0% |
| Investment grants | 15 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €60,412 | €60,412 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €60,412 | €60,412 | = | 0.0% |
| Other liabilities and charges | 164/5 | €60,412 | €60,412 | = | 0.0% |
| Amounts payable | 17/49 | €1,419,237 | €1,502,338 | +€83,101 | +5.9% |
| Amounts payable after more than one year | 17 | €513,455 | €594,995 | +€81,540 | +15.9% |
| Financial debts | 170/4 | €513,455 | €594,995 | +€81,540 | +15.9% |
| Amounts payable within one year | 42/48 | €905,782 | €888,543 | -€17,238 | -1.9% |
| Current portion of amounts payable after more than one year | 42 | €165,319 | €152,179 | -€13,140 | -7.9% |
| Trade debts | 44 | €465,995 | €419,774 | -€46,221 | -9.9% |
| Suppliers | 440/4 | €465,995 | €419,774 | -€46,221 | -9.9% |
| Taxes, remuneration and social security | 45 | €265,351 | €307,473 | +€42,122 | +15.9% |
| Taxes | 450/3 | €59,824 | €103,410 | +€43,586 | +72.9% |
| Remuneration and social security | 454/9 | €205,527 | €204,063 | -€1,464 | -0.7% |
| Other amounts payable | 47/48 | €9,117 | €9,117 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €18,799 | +€18,799 | |
| Non-recurring operating income | 76A | - | €4,000 | +€4,000 | |
| Remuneration, social security and pensions | 62 | €2,400,753 | €2,225,338 | -€175,415 | -7.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €494,748 | €614,360 | +€119,613 | +24.2% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€100,000 | €0 | +€100,000 | |
| Other operating charges | 640/8 | €3,353 | €3,371 | +€18 | +0.5% |
| Non-recurring operating charges | 66A | €0 | €186 | +€186 | |
| Gross operating margin | 9900 | €2,927,005 | €2,881,096 | -€45,909 | -1.6% |
| Operating profit (loss) | 9901 | €128,152 | €37,842 | -€90,311 | -70.5% |
| Financial income | 75/76B | €23,858 | €21,582 | -€2,276 | -9.5% |
| Recurring financial income | 75 | €23,858 | €21,575 | -€2,283 | -9.6% |
| Non-recurring financial income | 76B | - | €7 | +€7 | |
| Financial charges | 65/66B | €11,996 | €17,034 | +€5,038 | +42.0% |
| Recurring financial charges | 65 | €11,996 | €17,034 | +€5,038 | +42.0% |
| Profit (loss) for the period before taxes | 9903 | €140,015 | €42,390 | -€97,625 | -69.7% |
| Income taxes | 67/77 | €75,284 | €16,795 | -€58,489 | -77.7% |
| Profit (loss) for the period | 9904 | €64,732 | €25,595 | -€39,136 | -60.5% |
| Profit (loss) for the period to be appropriated | 9905 | €64,732 | €25,595 | -€39,136 | -60.5% |
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 6 October 2026 via checked.be.