MECELCAR: 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.
What changed
MECELCAR
NACE 47.820, Retail sale of motor vehicle parts and accessories
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€354,899
2024 · €183,731+€171,168
Equity
€2.0m
2024 · €1.8m+€154,899
Cash
€122,845
2024 · €270,326-€147,481
Balance sheet total
€4.9m
2024 · €7.1m-€2.2m
Largest movements
Assets
- Stocks and contracts -€1.9m
down €1.9m (-47.7%), from €4.0m to €2.1m
of which Contracts in progress: -€2.6m
- Cash -€147,481
down €147,481 (-54.6%), from €270,326 to €122,845
mainly Other debts (-€2.1m) and Trade debts (-€923,936)
Equity and liabilities
- Other debts -€2.1m
down €2.1m (-91.4%), from €2.3m to €200,000
- Trade debts -€923,936
down €923,936 (-38.8%), from €2.4m to €1.5m
- Tax, wage and social debts +€664,263
up €664,263 (+619.6%), from €107,203 to €771,466
of which Taxes: +€340,064
- Profit (loss) carried forward +€154,899
up €154,899 (+15.6%), from €990,113 to €1.1m
- Short-term financial debts +€86,895
up €86,895 (+150.0%), from €57,928 to €144,823
of which Credit institutions: +€86,786
Income statement
- Turnover +€2.5m
up €2.5m (+18.7%), from €13.4m to €15.9m
- Goods and materials -€1.9m
down €1.9m (-21.1%), from €9.0m to €7.1m
of which Purchases: -€1.1m
- Staff costs +€307,369
up €307,369 (+11.1%), from €2.8m to €3.1m
- Services and other goods +€292,770
up €292,770 (+16.0%), from €1.8m to €2.1m
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.
Result 2024
€183,731
Turnover
+€2.5m
Other operating income
-€2,246
Goods and materials
+€1.9m
Services and other goods
-€292,770
Staff costs
-€307,369
Depreciation
-€1,663
Write-downs
-€140,879
Provisions
-€32,898
Other operating charges
-€4,623
Other operating items
-€3.4m
Financial income
+€5,428
Financial charges
+€19,244
Taxes
-€93,504
Result 2025
€354,899
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.
From operations
+€66,152
Investment
-€32,102
Financing
-€181,531
Cash 2024
€270,326
From operations (derived)
+€66,152
Net result for the year
+€354,899
Depreciation
+€112,465
Stocks and contracts
+€1.9m
Receivables within one year
+€50,018
Deferred charges and accrued income
+€2,376
Provisions
+€32,898
Trade debts
-€923,936
Tax, wage and social debts
+€664,263
Other debts
-€2.1m
Investment (derived)
-€32,102
Investment in fixed assets (net)
-€32,102
Financing
-€181,531
Debts after one year
-€83,013
Current portion of long-term debt
+€14,587
Short-term financial debts
+€86,895
Contributions, distributions and other
-€200,000
Cash 2025
€122,845
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,063,623 | €4,886,333 | -€2.2m | -30.8% |
| Fixed assets | 21/28 | €350,905 | €270,542 | -€80,363 | -22.9% |
| Intangible fixed assets | 21 | €49,269 | €35,197 | -€14,072 | -28.6% |
| Tangible fixed assets | 22/27 | €299,481 | €233,190 | -€66,291 | -22.1% |
| Plant, machinery and equipment | 23 | €180,559 | €66,311 | -€114,248 | -63.3% |
| Furniture and vehicles | 24 | €102,122 | €56,767 | -€45,355 | -44.4% |
| Other tangible fixed assets | 26 | €16,800 | €110,112 | +€93,312 | +555.4% |
| Financial fixed assets | 28 | €2,155 | €2,155 | = | 0.0% |
| Other financial fixed assets | 284/8 | €2,155 | €2,155 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €2,155 | €2,155 | = | 0.0% |
| Current assets | 29/58 | €6,712,718 | €4,615,791 | -€2.1m | -31.2% |
| Stocks and contracts in progress | 3 | €3,977,710 | €2,080,658 | -€1.9m | -47.7% |
| Stocks | 30/36 | €728,915 | €1,429,989 | +€701,074 | +96.2% |
| Raw materials and consumables | 30/31 | €728,915 | €1,429,989 | +€701,074 | +96.2% |
| Contracts in progress | 37 | €3,248,795 | €650,669 | -€2.6m | -80.0% |
| Amounts receivable within one year | 40/41 | €2,444,247 | €2,394,229 | -€50,018 | -2.0% |
| Trade receivables | 40 | €2,429,310 | €2,376,128 | -€53,182 | -2.2% |
| Other amounts receivable | 41 | €14,937 | €18,101 | +€3,164 | +21.2% |
| Cash at bank and in hand | 54/58 | €270,326 | €122,845 | -€147,481 | -54.6% |
| Deferred charges and accrued income | 490/1 | €20,435 | €18,059 | -€2,376 | -11.6% |
| Total equity and liabilities | 10/49 | €7,063,623 | €4,886,333 | -€2.2m | -30.8% |
| Equity | 10/15 | €1,802,530 | €1,957,429 | +€154,899 | +8.6% |
| Contributions | 10/11 | €462,997 | €462,997 | = | 0.0% |
| Capital | 10 | €462,997 | €462,997 | = | 0.0% |
| Issued capital | 100 | €462,997 | €462,997 | = | 0.0% |
| Reserves | 13 | €349,420 | €349,420 | = | 0.0% |
| Non-distributable reserves | 130/1 | €46,300 | €46,300 | = | 0.0% |
| Legal reserve | 130 | €46,300 | €46,300 | = | 0.0% |
| Tax-exempt reserves | 132 | €303,120 | €303,120 | = | 0.0% |
| Profit (loss) carried forward | 14 | €990,113 | €1,145,012 | +€154,899 | +15.6% |
| Provisions and deferred taxes | 16 | - | €32,898 | +€32,898 | |
| Provisions for liabilities and charges | 160/5 | - | €32,898 | +€32,898 | |
| Other liabilities and charges | 164/5 | - | €32,898 | +€32,898 | |
| Amounts payable | 17/49 | €5,261,093 | €2,896,006 | -€2.4m | -45.0% |
| Amounts payable after more than one year | 17 | €247,815 | €164,802 | -€83,013 | -33.5% |
| Financial debts | 170/4 | €247,815 | €164,802 | -€83,013 | -33.5% |
| Credit institutions | 173 | €247,815 | €164,802 | -€83,013 | -33.5% |
| Amounts payable within one year | 42/48 | €5,013,278 | €2,731,204 | -€2.3m | -45.5% |
| Current portion of amounts payable after more than one year | 42 | €140,698 | €155,285 | +€14,587 | +10.4% |
| Financial debts | 43 | €57,928 | €144,823 | +€86,895 | +150.0% |
| Credit institutions | 430/8 | €57,928 | €144,714 | +€86,786 | +149.8% |
| Other loans | 439 | - | €109 | +€109 | |
| Trade debts | 44 | €2,383,566 | €1,459,630 | -€923,936 | -38.8% |
| Suppliers | 440/4 | €2,383,566 | €1,459,630 | -€923,936 | -38.8% |
| Taxes, remuneration and social security | 45 | €107,203 | €771,466 | +€664,263 | +619.6% |
| Taxes | 450/3 | €107,203 | €447,267 | +€340,064 | +317.2% |
| Remuneration and social security | 454/9 | €0 | €324,199 | +€324,199 | |
| Other amounts payable | 47/48 | €2,323,883 | €200,000 | -€2.1m | -91.4% |
| Operating income | 70/76A | €14,135,728 | €13,368,588 | -€767,140 | -5.4% |
| Turnover | 70 | €13,404,206 | €15,909,937 | +€2.5m | +18.7% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €690,853 | -€2,598,127 | -€3.3m | |
| Other operating income | 74 | €40,669 | €38,423 | -€2,246 | -5.5% |
| Non-recurring operating income | 76A | - | €18,355 | +€18,355 | |
| Operating charges | 60/66A | €13,770,905 | €12,763,765 | -€1.0m | -7.3% |
| Goods for resale, raw materials and consumables | 60 | €9,036,888 | €7,127,107 | -€1.9m | -21.1% |
| Purchases | 600/8 | €9,074,985 | €7,969,058 | -€1.1m | -12.2% |
| Change in stocks: decrease (increase) | 609 | -€38,097 | -€841,951 | -€803,854 | -2110.0% |
| Services and other goods | 61 | €1,830,895 | €2,123,665 | +€292,770 | +16.0% |
| Remuneration, social security and pensions | 62 | €2,765,595 | €3,072,964 | +€307,369 | +11.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €110,802 | €112,465 | +€1,663 | +1.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | €140,879 | +€140,879 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €32,898 | +€32,898 | |
| Other operating charges | 640/8 | €26,725 | €31,348 | +€4,623 | +17.3% |
| Non-recurring operating charges | 66A | - | €122,439 | +€122,439 | |
| Operating profit (loss) | 9901 | €364,823 | €604,823 | +€240,000 | +65.8% |
| Financial income | 75/76B | €2,997 | €8,425 | +€5,428 | +181.1% |
| Recurring financial income | 75 | €2,997 | €8,425 | +€5,428 | +181.1% |
| Other financial income | 752/9 | €2,997 | €8,425 | +€5,428 | +181.1% |
| Financial charges | 65/66B | €99,934 | €80,690 | -€19,244 | -19.3% |
| Recurring financial charges | 65 | €99,934 | €80,690 | -€19,244 | -19.3% |
| Debt charges | 650 | €24,534 | €58,989 | +€34,455 | +140.4% |
| Other financial charges | 652/9 | €75,400 | €21,701 | -€53,699 | -71.2% |
| Non-recurring financial charges | 66B | - | €0 | = | |
| Profit (loss) for the period before taxes | 9903 | €267,886 | €532,558 | +€264,672 | +98.8% |
| Income taxes | 67/77 | €84,155 | €177,659 | +€93,504 | +111.1% |
| Taxes | 670/3 | €84,155 | €204,015 | +€119,860 | +142.4% |
| Tax adjustments and reversals of tax provisions | 77 | - | €26,356 | +€26,356 | |
| Profit (loss) for the period | 9904 | €183,731 | €354,899 | +€171,168 | +93.2% |
| Transfer to tax-exempt reserves | 689 | €176,820 | - | -€176,820 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,911 | €354,899 | +€347,988 | +5035.3% |
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 10 October 2026 via checked.be.