MECATECNIC: 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.
MECATECNIC
Largest movements
- Receivables after one year +€104,670
up €104,670 (+103%), from €102,000 to €206,670
- Receivables within one year -€63,354
down €63,354 (-73.7%), from €85,950 to €22,596
of which Trade receivables: -€64,748
- Tangible fixed assets -€50,820
down €50,820 (-6.8%), from €744,454 to €693,634
of which Land and buildings: -€33,178
- Cash -€37,149
down €37,149 (-11.0%), from €338,979 to €301,830
mainly Contributions, distributions and other (-€135,000) and Receivables after one year (-€104,670)
- Deferred charges and accrued income -€23,481
down €23,481 (-59.9%), from €39,227 to €15,746
- Other debts +€135,000
new in 2025: €135,000
- Profit (loss) carried forward -€110,536
down €110,536 (-9.6%), from €1.2m to €1.0m
- Debts after one year -€55,924
no longer reported in 2025 (was €55,924)
- Reserves -€35,000
down €35,000 (-92.9%), from €37,659 to €2,659
- Trade debts +€23,605
up €23,605 (+88.8%), from €26,593 to €50,198
- Other operating charges +€34,419
up €34,419 (+214%), from €16,051 to €50,470
- Gross operating margin -€20,701
down €20,701 (-10.0%), from €206,193 to €185,492
- Financial income +€15,776
up €15,776 (+112,683%), from €14 to €15,790
- Depreciation -€10,929
down €10,929 (-14.1%), from €77,325 to €66,396
- Staff costs -€2,447
down €2,447 (-3.0%), from €81,904 to €79,457
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 | €1,393,058 | €1,317,336 | -€75,722 | -5.4% |
| Fixed assets | 21/28 | €746,379 | €695,559 | -€50,820 | -6.8% |
| Tangible fixed assets | 22/27 | €744,454 | €693,634 | -€50,820 | -6.8% |
| Land and buildings | 22 | €669,016 | €635,838 | -€33,178 | -5.0% |
| Plant, machinery and equipment | 23 | €8,825 | €9,810 | +€985 | +11.2% |
| Furniture and vehicles | 24 | €51,477 | €35,510 | -€15,967 | -31.0% |
| Leasing and similar rights | 25 | €4,050 | - | -€4,050 | |
| Other tangible fixed assets | 26 | €11,086 | €12,475 | +€1,389 | +12.5% |
| Financial fixed assets | 28 | €1,925 | €1,925 | +€0 | 0.0% |
| Current assets | 29/58 | €646,679 | €621,777 | -€24,902 | -3.9% |
| Amounts receivable after more than one year | 29 | €102,000 | €206,670 | +€104,670 | +103% |
| Other amounts receivable | 291 | €102,000 | €206,670 | +€104,670 | +103% |
| Stocks and contracts in progress | 3 | €80,523 | €74,934 | -€5,589 | -6.9% |
| Stocks | 30/36 | €80,523 | €74,934 | -€5,589 | -6.9% |
| Amounts receivable within one year | 40/41 | €85,950 | €22,596 | -€63,354 | -73.7% |
| Trade receivables | 40 | €67,344 | €2,596 | -€64,748 | -96.1% |
| Other amounts receivable | 41 | €18,606 | €20,000 | +€1,394 | +7.5% |
| Cash at bank and in hand | 54/58 | €338,979 | €301,830 | -€37,149 | -11.0% |
| Deferred charges and accrued income | 490/1 | €39,227 | €15,746 | -€23,481 | -59.9% |
| Total equity and liabilities | 10/49 | €1,393,058 | €1,317,336 | -€75,722 | -5.4% |
| Equity | 10/15 | €1,210,019 | €1,064,484 | -€145,535 | -12.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €37,659 | €2,659 | -€35,000 | -92.9% |
| Distributable reserves | 133 | €37,659 | €2,659 | -€35,000 | -92.9% |
| Profit (loss) carried forward | 14 | €1,153,760 | €1,043,225 | -€110,536 | -9.6% |
| Provisions and deferred taxes | 16 | €4,803 | - | -€4,803 | |
| Deferred taxes | 168 | €4,803 | - | -€4,803 | |
| Amounts payable | 17/49 | €178,236 | €252,852 | +€74,616 | +41.9% |
| Amounts payable after more than one year | 17 | €55,924 | - | -€55,924 | |
| Financial debts | 170/4 | €55,924 | - | -€55,924 | |
| Amounts payable within one year | 42/48 | €107,742 | €252,252 | +€144,510 | +134% |
| Current portion of amounts payable after more than one year | 42 | €48,021 | €44,198 | -€3,823 | -8.0% |
| Trade debts | 44 | €26,593 | €50,198 | +€23,605 | +88.8% |
| Suppliers | 440/4 | €26,593 | €50,198 | +€23,605 | +88.8% |
| Advances received on contracts in progress | 46 | €2,050 | - | -€2,050 | |
| Taxes, remuneration and social security | 45 | €31,078 | €22,857 | -€8,221 | -26.5% |
| Taxes | 450/3 | €14,373 | €8,569 | -€5,804 | -40.4% |
| Remuneration and social security | 454/9 | €16,705 | €14,288 | -€2,417 | -14.5% |
| Other amounts payable | 47/48 | - | €135,000 | +€135,000 | |
| Accrued charges and deferred income | 492/3 | €14,570 | €600 | -€13,970 | -95.9% |
| Remuneration, social security and pensions | 62 | €81,904 | €79,457 | -€2,447 | -3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €77,325 | €66,396 | -€10,929 | -14.1% |
| Other operating charges | 640/8 | €16,051 | €50,470 | +€34,419 | +214% |
| Gross operating margin | 9900 | €206,193 | €185,492 | -€20,701 | -10.0% |
| Operating profit (loss) | 9901 | €30,913 | -€10,831 | -€41,744 | |
| Financial income | 75/76B | €14 | €15,790 | +€15,776 | +112,683% |
| Recurring financial income | 75 | €14 | €15,790 | +€15,776 | +112,683% |
| Financial charges | 65/66B | €6,844 | €8,049 | +€1,205 | +17.6% |
| Recurring financial charges | 65 | €6,844 | €8,049 | +€1,205 | +17.6% |
| Profit (loss) for the period before taxes | 9903 | €24,083 | -€3,091 | -€27,174 | |
| Income taxes | 67/77 | €7,072 | €7,445 | +€373 | +5.3% |
| Profit (loss) for the period | 9904 | €17,011 | -€10,535 | -€27,546 | |
| Profit (loss) for the period to be appropriated | 9905 | €17,011 | -€10,535 | -€27,546 |
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 20 October 2026 via checked.be.