MECASOUDAGE: 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.
MECASOUDAGE
Largest movements
- Financial fixed assets +€300,000
new in 2025: €300,000
- Tangible fixed assets -€21,936
down €21,936 (-15.3%), from €143,206 to €121,270
of which Land and buildings: -€18,565
- Deferred charges and accrued income -€13,733
down €13,733 (-84.8%), from €16,200 to €2,467
- Debts after one year +€235,525
up €235,525 (+3,590%), from €6,560 to €242,085
- Profit (loss) carried forward +€22,145
up €22,145 (+113%), from €19,625 to €41,770
- Tax, wage and social debts +€14,321
up €14,321 (+185%), from €7,725 to €22,046
of which Taxes: +€14,904
- Current portion of long-term debt -€12,798
down €12,798 (-66.1%), from €19,357 to €6,559
- Trade debts +€6,777
up €6,777 (+354%), from €1,914 to €8,691
- Turnover +€103,290
up €103,290 (+168%), from €61,560 to €164,850
- Gross operating margin +€74,357
up €74,357 (+226%), from €32,891 to €107,248
- Staff costs +€31,298
up €31,298 (+259%), from €12,085 to €43,383
- Provisions +€17,323
no longer reported in 2025 (was -€17,323)
- Taxes +€10,487
up €10,487, from -€546 to €9,941
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.
Derived cash bridge
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 | €299,256 | €560,204 | +€260,948 | +87.2% |
| Fixed assets | 21/28 | €143,206 | €421,270 | +€278,064 | +194% |
| Tangible fixed assets | 22/27 | €143,206 | €121,270 | -€21,936 | -15.3% |
| Land and buildings | 22 | €139,835 | €121,270 | -€18,565 | -13.3% |
| Plant, machinery and equipment | 23 | €3,371 | - | -€3,371 | |
| Financial fixed assets | 28 | - | €300,000 | +€300,000 | |
| Current assets | 29/58 | €156,050 | €138,934 | -€17,116 | -11.0% |
| Stocks and contracts in progress | 3 | €88,000 | €88,000 | = | 0.0% |
| Stocks | 30/36 | €88,000 | €88,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €40,822 | €41,562 | +€740 | +1.8% |
| Trade receivables | 40 | €37,752 | €16,335 | -€21,417 | -56.7% |
| Other amounts receivable | 41 | €3,070 | €25,227 | +€22,157 | +722% |
| Cash at bank and in hand | 54/58 | €11,028 | €6,905 | -€4,123 | -37.4% |
| Deferred charges and accrued income | 490/1 | €16,200 | €2,467 | -€13,733 | -84.8% |
| Total equity and liabilities | 10/49 | €299,256 | €560,204 | +€260,948 | +87.2% |
| Equity | 10/15 | €248,675 | €270,820 | +€22,145 | +8.9% |
| Contributions | 10/11 | €62,500 | €62,500 | = | 0.0% |
| Capital | 10 | €62,500 | €62,500 | = | 0.0% |
| Issued capital | 100 | €62,500 | €62,500 | = | 0.0% |
| Reserves | 13 | €166,550 | €166,550 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,250 | €6,250 | = | 0.0% |
| Legal reserve | 130 | €6,250 | €6,250 | = | 0.0% |
| Distributable reserves | 133 | €160,300 | €160,300 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,625 | €41,770 | +€22,145 | +113% |
| Provisions and deferred taxes | 16 | €10,003 | €10,003 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €10,003 | €10,003 | = | 0.0% |
| Other liabilities and charges | 164/5 | €10,003 | €10,003 | = | 0.0% |
| Amounts payable | 17/49 | €40,578 | €279,381 | +€238,803 | +589% |
| Amounts payable after more than one year | 17 | €6,560 | €242,085 | +€235,525 | +3,590% |
| Financial debts | 170/4 | €6,560 | €242,085 | +€235,525 | +3,590% |
| Amounts payable within one year | 42/48 | €29,632 | €37,296 | +€7,664 | +25.9% |
| Current portion of amounts payable after more than one year | 42 | €19,357 | €6,559 | -€12,798 | -66.1% |
| Trade debts | 44 | €1,914 | €8,691 | +€6,777 | +354% |
| Suppliers | 440/4 | €1,914 | €8,691 | +€6,777 | +354% |
| Taxes, remuneration and social security | 45 | €7,725 | €22,046 | +€14,321 | +185% |
| Taxes | 450/3 | €1,939 | €16,843 | +€14,904 | +769% |
| Remuneration and social security | 454/9 | €5,786 | €5,203 | -€583 | -10.1% |
| Other amounts payable | 47/48 | €636 | - | -€636 | |
| Accrued charges and deferred income | 492/3 | €4,386 | - | -€4,386 | |
| Turnover | 70 | €61,560 | €164,850 | +€103,290 | +168% |
| Goods, raw materials, services and sundry goods | 60/61 | €49,310 | €42,575 | -€6,735 | -13.7% |
| Remuneration, social security and pensions | 62 | €12,085 | €43,383 | +€31,298 | +259% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,374 | €21,936 | -€3,438 | -13.5% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€17,323 | - | +€17,323 | |
| Other operating charges | 640/8 | €6,796 | €4,044 | -€2,752 | -40.5% |
| Gross operating margin | 9900 | €32,891 | €107,248 | +€74,357 | +226% |
| Operating profit (loss) | 9901 | €5,959 | €37,885 | +€31,926 | +536% |
| Financial charges | 65/66B | €2,433 | €5,799 | +€3,366 | +138% |
| Recurring financial charges | 65 | €2,433 | €5,799 | +€3,366 | +138% |
| Profit (loss) for the period before taxes | 9903 | €3,526 | €32,086 | +€28,560 | +810% |
| Income taxes | 67/77 | -€546 | €9,941 | +€10,487 | |
| Profit (loss) for the period | 9904 | €4,072 | €22,145 | +€18,073 | +444% |
| Profit (loss) for the period to be appropriated | 9905 | €4,072 | €22,145 | +€18,073 | +444% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.