MECANORAMA: 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.
MECANORAMA
Largest movements
- Cash -€25,634
down €25,634 (-60.0%), from €42,690 to €17,056
mainly Net result for the year (-€63,709) and Debts after one year (-€17,455)
- Tangible fixed assets -€16,051
down €16,051 (-5.5%), from €292,686 to €276,635
of which Land and buildings: -€12,750
- Receivables within one year -€7,798
down €7,798 (-9.6%), from €81,055 to €73,257
- Stocks and contracts +€6,631
up €6,631 (+5.0%), from €133,367 to €139,998
- Profit (loss) carried forward -€63,709
down €63,709 (-102.4%), from -€62,245 to -€125,954
- Trade debts +€56,140
up €56,140 (+61.5%), from €91,317 to €147,458
of which Suppliers: +€56,140
- Debts after one year -€17,455
down €17,455 (-4.8%), from €365,082 to €347,627
- Tax, wage and social debts -€17,357
down €17,357 (-54.9%), from €31,612 to €14,254
of which Taxes: -€8,839
- Gross operating margin -€52,408
down €52,408 (-32.0%), from €163,832 to €111,424
- Financial charges -€4,520
down €4,520 (-27.9%), from €16,205 to €11,684
- Other operating charges +€3,610
up €3,610 (+94.2%), from €3,831 to €7,441
- Taxes -€3,383
no longer reported in 2025 (was €3,383)
- Staff costs -€2,540
down €2,540 (-1.8%), from €144,587 to €142,047
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 | €555,954 | €514,138 | -€41,815 | -7.5% |
| Fixed assets | 21/28 | €296,110 | €280,058 | -€16,051 | -5.4% |
| Tangible fixed assets | 22/27 | €292,686 | €276,635 | -€16,051 | -5.5% |
| Land and buildings | 22 | €285,329 | €272,579 | -€12,750 | -4.5% |
| Plant, machinery and equipment | 23 | €4,101 | €3,636 | -€465 | -11.3% |
| Furniture and vehicles | 24 | €3,256 | €420 | -€2,836 | -87.1% |
| Financial fixed assets | 28 | €3,424 | €3,424 | = | 0.0% |
| Current assets | 29/58 | €259,844 | €234,080 | -€25,764 | -9.9% |
| Stocks and contracts in progress | 3 | €133,367 | €139,998 | +€6,631 | +5.0% |
| Stocks | 30/36 | €133,367 | €139,998 | +€6,631 | +5.0% |
| Amounts receivable within one year | 40/41 | €81,055 | €73,257 | -€7,798 | -9.6% |
| Trade receivables | 40 | €81,055 | €73,257 | -€7,798 | -9.6% |
| Cash at bank and in hand | 54/58 | €42,690 | €17,056 | -€25,634 | -60.0% |
| Deferred charges and accrued income | 490/1 | €2,733 | €3,769 | +€1,036 | +37.9% |
| Total equity and liabilities | 10/49 | €555,954 | €514,138 | -€41,815 | -7.5% |
| Equity | 10/15 | -€41,794 | -€105,503 | -€63,709 | -152.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€62,245 | -€125,954 | -€63,709 | -102.4% |
| Amounts payable | 17/49 | €597,747 | €619,641 | +€21,894 | +3.7% |
| Amounts payable after more than one year | 17 | €365,082 | €347,627 | -€17,455 | -4.8% |
| Financial debts | 170/4 | €365,082 | €347,627 | -€17,455 | -4.8% |
| Amounts payable within one year | 42/48 | €232,298 | €272,014 | +€39,717 | +17.1% |
| Current portion of amounts payable after more than one year | 42 | €17,000 | €17,455 | +€454 | +2.7% |
| Trade debts | 44 | €91,317 | €147,458 | +€56,140 | +61.5% |
| Suppliers | 440/4 | €89,502 | €145,643 | +€56,140 | +62.7% |
| Bills of exchange payable | 441 | €1,815 | €1,815 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €31,612 | €14,254 | -€17,357 | -54.9% |
| Taxes | 450/3 | €13,407 | €4,568 | -€8,839 | -65.9% |
| Remuneration and social security | 454/9 | €18,205 | €9,687 | -€8,518 | -46.8% |
| Other amounts payable | 47/48 | €92,368 | €92,847 | +€479 | +0.5% |
| Accrued charges and deferred income | 492/3 | €368 | - | -€368 | |
| Non-recurring operating income | 76A | - | €233 | +€233 | |
| Remuneration, social security and pensions | 62 | €144,587 | €142,047 | -€2,540 | -1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,403 | €15,099 | -€1,304 | -8.0% |
| Other operating charges | 640/8 | €3,831 | €7,441 | +€3,610 | +94.2% |
| Gross operating margin | 9900 | €163,832 | €111,424 | -€52,408 | -32.0% |
| Operating profit (loss) | 9901 | -€989 | -€53,163 | -€52,174 | -5278.1% |
| Financial income | 75/76B | €1,476 | €1,138 | -€338 | -22.9% |
| Recurring financial income | 75 | €1,476 | €1,138 | -€338 | -22.9% |
| Financial charges | 65/66B | €16,205 | €11,684 | -€4,520 | -27.9% |
| Recurring financial charges | 65 | €16,205 | €11,684 | -€4,520 | -27.9% |
| Profit (loss) for the period before taxes | 9903 | -€15,717 | -€63,709 | -€47,992 | -305.3% |
| Income taxes | 67/77 | €3,383 | - | -€3,383 | |
| Profit (loss) for the period | 9904 | -€19,101 | -€63,709 | -€44,609 | -233.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,101 | -€63,709 | -€44,609 | -233.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.