MECC: 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.
MECC
Largest movements
- Current investments -€102,411
down €102,411 (-17.5%), from €584,429 to €482,018
- Cash +€69,645
up €69,645 (+51.6%), from €135,081 to €204,726
mainly Current investments (+€102,411) and Net result for the year (+€811)
- Other debts -€17,500
down €17,500 (-100.0%), from €17,500 to €0
- Financial charges +€18,098
up €18,098 (+343.5%), from €5,268 to €23,366
- Taxes -€4,605
down €4,605 (-72.3%), from €6,369 to €1,764
- Financial income +€3,016
up €3,016 (+8.3%), from €36,223 to €39,238
- Other operating charges -€813
down €813 (-34.4%), from €2,363 to €1,551
- Gross operating margin -€494
down €494 (-4.4%), from -€11,177 to -€11,672
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 | €1,130,266 | €1,103,469 | -€26,797 | -2.4% |
| Fixed assets | 21/28 | €407,015 | €406,940 | -€75 | 0.0% |
| Tangible fixed assets | 22/27 | €407,015 | €406,940 | -€75 | 0.0% |
| Furniture and vehicles | 24 | €407,015 | €406,940 | -€75 | 0.0% |
| Current assets | 29/58 | €723,251 | €696,529 | -€26,722 | -3.7% |
| Amounts receivable within one year | 40/41 | €3,741 | €9,785 | +€6,044 | +161.5% |
| Other amounts receivable | 41 | €3,741 | €9,785 | +€6,044 | +161.5% |
| Current investments | 50/53 | €584,429 | €482,018 | -€102,411 | -17.5% |
| Cash at bank and in hand | 54/58 | €135,081 | €204,726 | +€69,645 | +51.6% |
| Total equity and liabilities | 10/49 | €1,130,266 | €1,103,469 | -€26,797 | -2.4% |
| Equity | 10/15 | €1,102,658 | €1,103,469 | +€811 | +0.1% |
| Contributions | 10/11 | €934,500 | €934,500 | = | 0.0% |
| Capital | 10 | €934,500 | €934,500 | = | 0.0% |
| Issued capital | 100 | €934,500 | €934,500 | = | 0.0% |
| Reserves | 13 | €168,158 | €168,969 | +€811 | +0.5% |
| Non-distributable reserves | 130/1 | €22,986 | €22,986 | = | 0.0% |
| Legal reserve | 130 | €22,986 | €22,986 | = | 0.0% |
| Distributable reserves | 133 | €145,172 | €145,983 | +€811 | +0.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €27,608 | €0 | -€27,608 | -100.0% |
| Amounts payable within one year | 42/48 | €27,608 | €0 | -€27,608 | -100.0% |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €10,108 | €0 | -€10,108 | -100.0% |
| Taxes | 450/3 | €10,108 | €0 | -€10,108 | -100.0% |
| Other amounts payable | 47/48 | €17,500 | €0 | -€17,500 | -100.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €347 | €75 | -€272 | -78.4% |
| Other operating charges | 640/8 | €2,363 | €1,551 | -€813 | -34.4% |
| Gross operating margin | 9900 | -€11,177 | -€11,672 | -€494 | -4.4% |
| Operating profit (loss) | 9901 | -€13,888 | -€13,298 | +€590 | +4.2% |
| Financial income | 75/76B | €36,223 | €39,238 | +€3,016 | +8.3% |
| Recurring financial income | 75 | €36,223 | €39,238 | +€3,016 | +8.3% |
| Financial charges | 65/66B | €5,268 | €23,366 | +€18,098 | +343.5% |
| Recurring financial charges | 65 | €5,268 | €23,366 | +€18,098 | +343.5% |
| Profit (loss) for the period before taxes | 9903 | €17,067 | €2,575 | -€14,492 | -84.9% |
| Income taxes | 67/77 | €6,369 | €1,764 | -€4,605 | -72.3% |
| Profit (loss) for the period | 9904 | €10,698 | €811 | -€9,887 | -92.4% |
| Profit (loss) for the period to be appropriated | 9905 | €10,698 | €811 | -€9,887 | -92.4% |
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 8 October 2026 via checked.be.