MECANIQUE WILLEMS: what changed
What changed
MECANIQUE WILLEMS
NACE 25.530, Machining of metals
filed annual accounts (NBB)
Net result for the year
€41,263
2024 · €62,368-€21,106
Equity
€373,879
2024 · €373,638+€241
Cash
€65,295
2024 · €25,718+€39,577
Balance sheet total
€481,243
2024 · €495,993-€14,750
Largest movements
Assets
- Current investments -€50,000
down €50,000 (-40.0%), from €125,000 to €75,000
- Cash +€39,577
up €39,577 (+154%), from €25,718 to €65,295
mainly Current investments (+€50,000) and Net result for the year (+€41,263)
- Tangible fixed assets -€26,648
down €26,648 (-12.7%), from €209,074 to €182,426
of which Plant, machinery and equipment: -€19,748
- Receivables within one year +€18,223
up €18,223 (+15.8%), from €115,447 to €133,670
of which Other amounts receivable: +€11,635
Equity and liabilities
- Debts after one year -€22,894
down €22,894 (-45.8%), from €49,989 to €27,095
- Trade debts +€8,528
up €8,528 (+96.4%), from €8,847 to €17,375
Income statement
- Gross operating margin -€25,486
down €25,486 (-21.6%), from €117,775 to €92,289
- Taxes -€6,542
down €6,542 (-32.3%), from €20,280 to €13,737
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
€62,368
Gross operating margin
-€25,486
Depreciation
+€464
Other operating charges
-€100
Other operating items
-€2,268
Financial income
-€757
Financial charges
+€500
Taxes
+€6,542
Result 2025
€41,263
raises the resultlowers the resultnot broken down further in the accounts
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
+€50,924
Investment
+€52,268
Financing
-€63,615
Cash 2024
€25,718
From operations (derived)
+€50,924
Net result for the year
+€41,263
Depreciation
+€24,380
Stocks and contracts
-€4,276
Receivables within one year
-€18,223
Deferred charges and accrued income
+€178
Trade debts
+€8,528
Tax, wage and social debts
-€925
Investment (derived)
+€52,268
Investment in fixed assets (net)
+€2,268
Current investments
+€50,000
Financing
-€63,615
Debts after one year
-€22,894
Current portion of long-term debt
+€301
Contributions, distributions and other
-€41,021
Cash 2025
€65,295
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €495,993 | €481,243 | -€14,750 | -3.0% |
| Fixed assets | 21/28 | €209,222 | €182,574 | -€26,648 | -12.7% |
| Tangible fixed assets | 22/27 | €209,074 | €182,426 | -€26,648 | -12.7% |
| Land and buildings | 22 | €37,657 | €31,280 | -€6,376 | -16.9% |
| Plant, machinery and equipment | 23 | €170,893 | €151,145 | -€19,748 | -11.6% |
| Furniture and vehicles | 24 | €524 | - | -€524 | |
| Financial fixed assets | 28 | €149 | €149 | = | 0.0% |
| Current assets | 29/58 | €286,771 | €298,669 | +€11,898 | +4.1% |
| Stocks and contracts in progress | 3 | €17,013 | €21,289 | +€4,276 | +25.1% |
| Stocks | 30/36 | €17,013 | €21,289 | +€4,276 | +25.1% |
| Amounts receivable within one year | 40/41 | €115,447 | €133,670 | +€18,223 | +15.8% |
| Trade receivables | 40 | €108,936 | €115,524 | +€6,588 | +6.0% |
| Other amounts receivable | 41 | €6,511 | €18,146 | +€11,635 | +179% |
| Current investments | 50/53 | €125,000 | €75,000 | -€50,000 | -40.0% |
| Cash at bank and in hand | 54/58 | €25,718 | €65,295 | +€39,577 | +154% |
| Deferred charges and accrued income | 490/1 | €3,593 | €3,415 | -€178 | -4.9% |
| Total equity and liabilities | 10/49 | €495,993 | €481,243 | -€14,750 | -3.0% |
| Equity | 10/15 | €373,638 | €373,879 | +€241 | +0.1% |
| Contributions | 10/11 | €62,100 | €62,100 | = | 0.0% |
| Capital | 10 | €62,100 | €62,100 | = | 0.0% |
| Issued capital | 100 | €62,100 | €62,100 | = | 0.0% |
| Reserves | 13 | €300,271 | €301,471 | +€1,200 | +0.4% |
| Non-distributable reserves | 130/1 | €6,210 | €6,210 | = | 0.0% |
| Legal reserve | 130 | €6,210 | €6,210 | = | 0.0% |
| Tax-exempt reserves | 132 | €8,871 | €8,871 | = | 0.0% |
| Distributable reserves | 133 | €285,190 | €286,390 | +€1,200 | +0.4% |
| Profit (loss) carried forward | 14 | €5 | €68 | +€63 | +1,184% |
| Investment grants | 15 | €11,261 | €10,240 | -€1,021 | -9.1% |
| Amounts payable | 17/49 | €122,355 | €107,364 | -€14,991 | -12.3% |
| Amounts payable after more than one year | 17 | €49,989 | €27,095 | -€22,894 | -45.8% |
| Financial debts | 170/4 | €49,989 | €27,095 | -€22,894 | -45.8% |
| Amounts payable within one year | 42/48 | €72,366 | €80,269 | +€7,903 | +10.9% |
| Current portion of amounts payable after more than one year | 42 | €22,594 | €22,894 | +€301 | +1.3% |
| Trade debts | 44 | €8,847 | €17,375 | +€8,528 | +96.4% |
| Suppliers | 440/4 | €8,847 | €17,375 | +€8,528 | +96.4% |
| Taxes, remuneration and social security | 45 | €925 | - | -€925 | |
| Taxes | 450/3 | €925 | - | -€925 | |
| Other amounts payable | 47/48 | €40,000 | €40,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,844 | €24,380 | -€464 | -1.9% |
| Other operating charges | 640/8 | €12,043 | €12,143 | +€100 | +0.8% |
| Non-recurring operating charges | 66A | - | €2,268 | +€2,268 | |
| Gross operating margin | 9900 | €117,775 | €92,289 | -€25,486 | -21.6% |
| Operating profit (loss) | 9901 | €80,888 | €53,498 | -€27,390 | -33.9% |
| Financial income | 75/76B | €3,214 | €2,456 | -€757 | -23.6% |
| Recurring financial income | 75 | €3,214 | €2,456 | -€757 | -23.6% |
| Financial charges | 65/66B | €1,454 | €954 | -€500 | -34.4% |
| Recurring financial charges | 65 | €1,454 | €954 | -€500 | -34.4% |
| Profit (loss) for the period before taxes | 9903 | €82,648 | €55,000 | -€27,648 | -33.5% |
| Income taxes | 67/77 | €20,280 | €13,737 | -€6,542 | -32.3% |
| Profit (loss) for the period | 9904 | €62,368 | €41,263 | -€21,106 | -33.8% |
| Profit (loss) for the period to be appropriated | 9905 | €62,368 | €41,263 | -€21,106 | -33.8% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.