MECASOFT: 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.
MECASOFT
Largest movements
- Cash +€321,911
up €321,911 (+538.4%), from €59,786 to €381,696
mainly Depreciation (+€114,901) and Trade debts (+€113,003)
- Current investments -€100,000
down €100,000 (-100.0%), from €100,000 to €0
- Tangible fixed assets -€37,819
down €37,819 (-5.0%), from €750,031 to €712,212
of which Plant, machinery and equipment: -€28,612
- Trade debts +€113,003
up €113,003 (+105.1%), from €107,538 to €220,541
- Debts after one year -€100,545
down €100,545 (-20.2%), from €498,547 to €398,001
- Profit (loss) carried forward +€84,339
up €84,339 (+101.9%), from €82,772 to €167,112
- Advances received +€72,981
up €72,981 (+110.8%), from €65,894 to €138,875
- Tax, wage and social debts +€24,893
up €24,893 (+25.3%), from €98,211 to €123,104
of which Remuneration and social security: +€16,468
- Gross operating margin +€117,250
up €117,250 (+15.3%), from €764,479 to €881,729
- Staff costs +€62,447
up €62,447 (+10.6%), from €588,283 to €650,730
- Taxes +€11,536
up €11,536 (+115.4%), from €9,996 to €21,532
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 | €1,409,924 | €1,607,009 | +€197,085 | +14.0% |
| Fixed assets | 21/28 | €752,113 | €719,830 | -€32,283 | -4.3% |
| Intangible fixed assets | 21 | €2,082 | €7,618 | +€5,536 | +265.9% |
| Tangible fixed assets | 22/27 | €750,031 | €712,212 | -€37,819 | -5.0% |
| Land and buildings | 22 | €469,949 | €461,432 | -€8,517 | -1.8% |
| Plant, machinery and equipment | 23 | €245,847 | €217,235 | -€28,612 | -11.6% |
| Furniture and vehicles | 24 | €34,235 | €33,544 | -€691 | -2.0% |
| Current assets | 29/58 | €657,811 | €887,179 | +€229,368 | +34.9% |
| Amounts receivable after more than one year | 29 | €100,000 | €100,000 | = | 0.0% |
| Other amounts receivable | 291 | €100,000 | €100,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €43,276 | €44,094 | +€818 | +1.9% |
| Stocks | 30/36 | €43,276 | €44,094 | +€818 | +1.9% |
| Amounts receivable within one year | 40/41 | €345,747 | €349,708 | +€3,961 | +1.1% |
| Trade receivables | 40 | €324,895 | €303,213 | -€21,682 | -6.7% |
| Other amounts receivable | 41 | €20,852 | €46,495 | +€25,643 | +123.0% |
| Current investments | 50/53 | €100,000 | €0 | -€100,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €59,786 | €381,696 | +€321,911 | +538.4% |
| Deferred charges and accrued income | 490/1 | €9,003 | €11,680 | +€2,678 | +29.7% |
| Total equity and liabilities | 10/49 | €1,409,924 | €1,607,009 | +€197,085 | +14.0% |
| Equity | 10/15 | €529,232 | €621,638 | +€92,407 | +17.5% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Capital | 10 | €250,000 | €250,000 | = | 0.0% |
| Issued capital | 100 | €250,000 | €250,000 | = | 0.0% |
| Revaluation surpluses | 12 | €159,896 | €159,896 | = | 0.0% |
| Reserves | 13 | €25,000 | €25,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €25,000 | €25,000 | = | 0.0% |
| Legal reserve | 130 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €82,772 | €167,112 | +€84,339 | +101.9% |
| Investment grants | 15 | €11,564 | €19,631 | +€8,067 | +69.8% |
| Amounts payable | 17/49 | €880,693 | €985,371 | +€104,678 | +11.9% |
| Amounts payable after more than one year | 17 | €498,547 | €398,001 | -€100,545 | -20.2% |
| Financial debts | 170/4 | €498,547 | €398,001 | -€100,545 | -20.2% |
| Amounts payable within one year | 42/48 | €377,271 | €586,855 | +€209,585 | +55.6% |
| Current portion of amounts payable after more than one year | 42 | €105,627 | €104,335 | -€1,292 | -1.2% |
| Trade debts | 44 | €107,538 | €220,541 | +€113,003 | +105.1% |
| Suppliers | 440/4 | €107,538 | €220,541 | +€113,003 | +105.1% |
| Advances received on contracts in progress | 46 | €65,894 | €138,875 | +€72,981 | +110.8% |
| Taxes, remuneration and social security | 45 | €98,211 | €123,104 | +€24,893 | +25.3% |
| Taxes | 450/3 | €14,022 | €22,448 | +€8,426 | +60.1% |
| Remuneration and social security | 454/9 | €84,189 | €100,656 | +€16,468 | +19.6% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €4,875 | €514 | -€4,361 | -89.5% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €588,283 | €650,730 | +€62,447 | +10.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €108,476 | €114,901 | +€6,425 | +5.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,902 | +€1,902 | |
| Other operating charges | 640/8 | €7,759 | €6,441 | -€1,318 | -17.0% |
| Non-recurring operating charges | 66A | €0 | €0 | -€0 | -100.0% |
| Gross operating margin | 9900 | €764,479 | €881,729 | +€117,250 | +15.3% |
| Operating profit (loss) | 9901 | €59,961 | €107,755 | +€47,795 | +79.7% |
| Financial income | 75/76B | €5,810 | €13,620 | +€7,810 | +134.4% |
| Recurring financial income | 75 | €5,810 | €13,620 | +€7,810 | +134.4% |
| Financial charges | 65/66B | €15,381 | €15,504 | +€123 | +0.8% |
| Recurring financial charges | 65 | €15,381 | €15,504 | +€123 | +0.8% |
| Profit (loss) for the period before taxes | 9903 | €50,390 | €105,871 | +€55,482 | +110.1% |
| Income taxes | 67/77 | €9,996 | €21,532 | +€11,536 | +115.4% |
| Profit (loss) for the period | 9904 | €40,394 | €84,339 | +€43,946 | +108.8% |
| Profit (loss) for the period to be appropriated | 9905 | €40,394 | €84,339 | +€43,946 | +108.8% |
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.