Mecava: 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.
Mecava
Largest movements
- Current investments -€13,000
down €13,000 (-65.0%), from €20,000 to €7,000
- Cash -€8,829
down €8,829 (-57.0%), from €15,495 to €6,667
mainly Contributions, distributions and other (-€33,390) and Investment in fixed assets (net) (-€18,561)
- Receivables within one year +€6,870
up €6,870 (+53.9%), from €12,747 to €19,616
of which Trade receivables: +€6,941
- Tangible fixed assets +€6,416
up €6,416 (+25.4%), from €25,289 to €31,705
of which Other tangible fixed assets: +€17,237
- Debts after one year -€12,561
down €12,561 (-79.9%), from €15,721 to €3,160
- Trade debts +€3,087
up €3,087 (+447.0%), from €691 to €3,777
- Accrued charges and deferred income +€2,016
up €2,016 (+400.0%), from €504 to €2,520
- Tax, wage and social debts -€1,658
down €1,658 (-23.2%), from €7,132 to €5,474
- Other debts +€948
up €948 (+2.9%), from €32,442 to €33,390
- Gross operating margin +€2,931
up €2,931 (+5.6%), from €52,756 to €55,687
- Financial income -€622
down €622 (-75.1%), from €828 to €207
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 | €73,924 | €65,882 | -€8,042 | -10.9% |
| Fixed assets | 21/28 | €25,289 | €31,705 | +€6,416 | +25.4% |
| Tangible fixed assets | 22/27 | €25,289 | €31,705 | +€6,416 | +25.4% |
| Furniture and vehicles | 24 | €25,289 | €14,469 | -€10,821 | -42.8% |
| Other tangible fixed assets | 26 | - | €17,237 | +€17,237 | |
| Current assets | 29/58 | €48,635 | €34,177 | -€14,458 | -29.7% |
| Amounts receivable within one year | 40/41 | €12,747 | €19,616 | +€6,870 | +53.9% |
| Trade receivables | 40 | €11,989 | €18,930 | +€6,941 | +57.9% |
| Other amounts receivable | 41 | €758 | €686 | -€72 | -9.4% |
| Current investments | 50/53 | €20,000 | €7,000 | -€13,000 | -65.0% |
| Cash at bank and in hand | 54/58 | €15,495 | €6,667 | -€8,829 | -57.0% |
| Deferred charges and accrued income | 490/1 | €392 | €894 | +€501 | +127.7% |
| Total equity and liabilities | 10/49 | €73,924 | €65,882 | -€8,042 | -10.9% |
| Equity | 10/15 | €5,000 | €5,000 | = | 0.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Amounts payable | 17/49 | €68,924 | €60,882 | -€8,042 | -11.7% |
| Amounts payable after more than one year | 17 | €15,721 | €3,160 | -€12,561 | -79.9% |
| Financial debts | 170/4 | €15,721 | €3,160 | -€12,561 | -79.9% |
| Amounts payable within one year | 42/48 | €52,699 | €55,202 | +€2,503 | +4.7% |
| Current portion of amounts payable after more than one year | 42 | €12,435 | €12,561 | +€126 | +1.0% |
| Trade debts | 44 | €691 | €3,777 | +€3,087 | +447.0% |
| Suppliers | 440/4 | €691 | €3,777 | +€3,087 | +447.0% |
| Taxes, remuneration and social security | 45 | €7,132 | €5,474 | -€1,658 | -23.2% |
| Taxes | 450/3 | €7,132 | €5,474 | -€1,658 | -23.2% |
| Other amounts payable | 47/48 | €32,442 | €33,390 | +€948 | +2.9% |
| Accrued charges and deferred income | 492/3 | €504 | €2,520 | +€2,016 | +400.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,593 | €12,145 | +€553 | +4.8% |
| Other operating charges | 640/8 | €781 | €926 | +€144 | +18.5% |
| Gross operating margin | 9900 | €52,756 | €55,687 | +€2,931 | +5.6% |
| Operating profit (loss) | 9901 | €40,382 | €42,616 | +€2,234 | +5.5% |
| Financial income | 75/76B | €828 | €207 | -€622 | -75.1% |
| Recurring financial income | 75 | €828 | €207 | -€622 | -75.1% |
| Financial charges | 65/66B | €490 | €320 | -€170 | -34.8% |
| Recurring financial charges | 65 | €490 | €320 | -€170 | -34.8% |
| Profit (loss) for the period before taxes | 9903 | €40,721 | €42,503 | +€1,783 | +4.4% |
| Income taxes | 67/77 | €8,712 | €9,114 | +€401 | +4.6% |
| Profit (loss) for the period | 9904 | €32,008 | €33,390 | +€1,382 | +4.3% |
| Profit (loss) for the period to be appropriated | 9905 | €32,008 | €33,390 | +€1,382 | +4.3% |
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 11 October 2026 via checked.be.