MECATIM: 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.
MECATIM
Largest movements
- Cash +€83,470
up €83,470 (+64.7%), from €128,951 to €212,421
mainly Other debts (+€309,305) and Net result for the year (+€140,111)
- Other debts +€309,305
up €309,305 (+1,551%), from €19,946 to €329,251
- Reserves -€182,538
down €182,538 (-37.0%), from €493,135 to €310,597
- Debts after one year -€50,068
down €50,068 (-11.2%), from €445,276 to €395,208
- Financial income +€15,000
up €15,000 (+14.3%), from €105,000 to €120,000
- Gross operating margin +€4,789
up €4,789 (+10.8%), from €44,167 to €48,955
- Financial charges -€2,341
down €2,341 (-11.5%), from €20,361 to €18,019
- Taxes +€1,760
up €1,760 (+26.4%), from €6,660 to €8,420
- Other operating charges +€735
up €735 (+163%), from €449 to €1,184
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 | €1,040,346 | €1,118,221 | +€77,876 | +7.5% |
| Fixed assets | 21/28 | €868,586 | €867,365 | -€1,221 | -0.1% |
| Tangible fixed assets | 22/27 | €3,651 | €2,430 | -€1,221 | -33.4% |
| Furniture and vehicles | 24 | €3,651 | €2,430 | -€1,221 | -33.4% |
| Financial fixed assets | 28 | €864,935 | €864,935 | = | 0.0% |
| Current assets | 29/58 | €171,760 | €250,856 | +€79,096 | +46.1% |
| Amounts receivable within one year | 40/41 | €27,862 | €26,117 | -€1,745 | -6.3% |
| Trade receivables | 40 | €17,500 | €17,500 | = | 0.0% |
| Other amounts receivable | 41 | €10,362 | €8,617 | -€1,745 | -16.8% |
| Cash at bank and in hand | 54/58 | €128,951 | €212,421 | +€83,470 | +64.7% |
| Deferred charges and accrued income | 490/1 | €14,946 | €12,317 | -€2,629 | -17.6% |
| Total equity and liabilities | 10/49 | €1,040,346 | €1,118,221 | +€77,876 | +7.5% |
| Equity | 10/15 | €511,735 | €329,197 | -€182,538 | -35.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €493,135 | €310,597 | -€182,538 | -37.0% |
| Distributable reserves | 133 | €493,135 | €310,597 | -€182,538 | -37.0% |
| Amounts payable | 17/49 | €528,611 | €789,024 | +€260,413 | +49.3% |
| Amounts payable after more than one year | 17 | €445,276 | €395,208 | -€50,068 | -11.2% |
| Financial debts | 170/4 | €445,276 | €395,208 | -€50,068 | -11.2% |
| Amounts payable within one year | 42/48 | €83,335 | €393,815 | +€310,481 | +373% |
| Current portion of amounts payable after more than one year | 42 | €48,220 | €50,068 | +€1,848 | +3.8% |
| Financial debts | 43 | €5,741 | €5,716 | -€25 | -0.4% |
| Credit institutions | 430/8 | €5,741 | €5,716 | -€25 | -0.4% |
| Trade debts | 44 | €570 | €2,105 | +€1,535 | +269% |
| Suppliers | 440/4 | €570 | €2,105 | +€1,535 | +269% |
| Taxes, remuneration and social security | 45 | €8,858 | €6,676 | -€2,182 | -24.6% |
| Taxes | 450/3 | €8,858 | €6,676 | -€2,182 | -24.6% |
| Other amounts payable | 47/48 | €19,946 | €329,251 | +€309,305 | +1,551% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,221 | €1,221 | = | 0.0% |
| Other operating charges | 640/8 | €449 | €1,184 | +€735 | +163% |
| Gross operating margin | 9900 | €44,167 | €48,955 | +€4,789 | +10.8% |
| Operating profit (loss) | 9901 | €42,497 | €46,551 | +€4,054 | +9.5% |
| Financial income | 75/76B | €105,000 | €120,000 | +€15,000 | +14.3% |
| Recurring financial income | 75 | €105,000 | €120,000 | +€15,000 | +14.3% |
| Financial charges | 65/66B | €20,361 | €18,019 | -€2,341 | -11.5% |
| Recurring financial charges | 65 | €20,361 | €18,019 | -€2,341 | -11.5% |
| Profit (loss) for the period before taxes | 9903 | €127,136 | €148,531 | +€21,395 | +16.8% |
| Income taxes | 67/77 | €6,660 | €8,420 | +€1,760 | +26.4% |
| Profit (loss) for the period | 9904 | €120,475 | €140,111 | +€19,635 | +16.3% |
| Profit (loss) for the period to be appropriated | 9905 | €120,475 | €140,111 | +€19,635 | +16.3% |
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 17 October 2026 via checked.be.