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MECAWOOD: what changed

Two fiscal 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.

What changed

MECAWOOD

BE 0740.595.196
NACE 02.200, Logging
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€2,187
2024 · €14,423-€12,236
Equity
€20,269
2024 · €18,082+€2,187
Cash
€1,428
2024 · €101+€1,327
Balance sheet total
€29,997
2024 · €28,771+€1,226

Largest movements

2024 to 2025
Assets
  • Cash +€1,327

    up €1,327 (+1313.9%), from €101 to €1,428

    mainly Net result for the year (+€2,187) and Trade debts (+€114)

Equity and liabilities
  • Profit (loss) carried forward +€2,187

    up €2,187 (+84.7%), from €2,582 to €4,769

  • Tax, wage and social debts -€1,075

    down €1,075 (-10.1%), from €10,610 to €9,535

Income statement
  • Gross operating margin -€18,292

    down €18,292 (-83.3%), from €21,953 to €3,661

  • Taxes -€6,087

    down €6,087 (-80.2%), from €7,587 to €1,500

  • Financial income +€396

    up €396 (+287.0%), from €138 to €534

  • Other operating charges +€387

    new in 2025: €387

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €14,423
Gross operating margin -€18,292
Other operating charges -€387
Financial income +€396
Financial charges -€40
Taxes +€6,087
Result 2025 €2,187

Cash bridge derived

cash 2024 to 2025

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.

From operations +€1,327
Investment €0
Financing €0
Cash 2024 €101
Net result for the year +€2,187
Receivables within one year +€101
Trade debts +€114
Tax, wage and social debts -€1,075
Cash 2025 €1,428
Every line side by side 29 lines
Line Code 2024 2025 Change %
Total assets 20/58 €28,771 €29,997 +€1,226 +4.3%
Current assets 29/58 €28,771 €29,997 +€1,226 +4.3%
Amounts receivable within one year 40/41 €28,670 €28,569 -€101 -0.4%
Trade receivables 40 €24,127 €12,816 -€11,311 -46.9%
Other amounts receivable 41 €4,543 €15,753 +€11,210 +246.8%
Cash at bank and in hand 54/58 €101 €1,428 +€1,327 +1313.9%
Total equity and liabilities 10/49 €28,771 €29,997 +€1,226 +4.3%
Equity 10/15 €18,082 €20,269 +€2,187 +12.1%
Contributions 10/11 €500 €500 = 0.0%
Reserves 13 €15,000 €15,000 = 0.0%
Distributable reserves 133 €15,000 €15,000 = 0.0%
Profit (loss) carried forward 14 €2,582 €4,769 +€2,187 +84.7%
Amounts payable 17/49 €10,689 €9,728 -€961 -9.0%
Amounts payable within one year 42/48 €10,689 €9,728 -€961 -9.0%
Trade debts 44 €79 €193 +€114 +144.3%
Suppliers 440/4 €79 €193 +€114 +144.3%
Taxes, remuneration and social security 45 €10,610 €9,535 -€1,075 -10.1%
Taxes 450/3 €10,610 €9,535 -€1,075 -10.1%
Other operating charges 640/8 - €387 +€387
Gross operating margin 9900 €21,953 €3,661 -€18,292 -83.3%
Operating profit (loss) 9901 €21,953 €3,274 -€18,679 -85.1%
Financial income 75/76B €138 €534 +€396 +287.0%
Recurring financial income 75 €138 €534 +€396 +287.0%
Financial charges 65/66B €81 €121 +€40 +49.4%
Recurring financial charges 65 €81 €121 +€40 +49.4%
Profit (loss) for the period before taxes 9903 €22,010 €3,687 -€18,323 -83.2%
Income taxes 67/77 €7,587 €1,500 -€6,087 -80.2%
Profit (loss) for the period 9904 €14,423 €2,187 -€12,236 -84.8%
Profit (loss) for the period to be appropriated 9905 €14,423 €2,187 -€12,236 -84.8%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.