MECHELINIA: 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.
MECHELINIA
Largest movements
- Current investments -€100,000
down €100,000 (-33.3%), from €300,000 to €200,000
- Cash +€71,948
up €71,948 (+99.4%), from €72,384 to €144,333
mainly Current investments (+€100,000) and Depreciation (+€70,154)
- Tangible fixed assets -€62,649
down €62,649 (-6.6%), from €943,561 to €880,912
of which Land and buildings: -€61,053
- Other debts -€102,998
down €102,998 (-26.5%), from €389,286 to €286,288
- Profit (loss) carried forward +€14,328
up €14,328 (+21.7%), from -€65,879 to -€51,551
- Financial income +€9,300
new in 2026: €9,300
- Taxes +€2,198
up €2,198 (+15.3%), from €14,323 to €16,521
- Gross operating margin -€2,050
down €2,050 (-1.9%), from €107,710 to €105,660
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,319,099 | €1,227,391 | -€91,708 | -7.0% |
| Fixed assets | 21/28 | €943,561 | €880,912 | -€62,649 | -6.6% |
| Tangible fixed assets | 22/27 | €943,561 | €880,912 | -€62,649 | -6.6% |
| Land and buildings | 22 | €941,966 | €880,912 | -€61,053 | -6.5% |
| Furniture and vehicles | 24 | €1,596 | €0 | -€1,596 | -100% |
| Current assets | 29/58 | €375,538 | €346,478 | -€29,060 | -7.7% |
| Amounts receivable within one year | 40/41 | €646 | €99 | -€546 | -84.6% |
| Other amounts receivable | 41 | €646 | €99 | -€546 | -84.6% |
| Current investments | 50/53 | €300,000 | €200,000 | -€100,000 | -33.3% |
| Cash at bank and in hand | 54/58 | €72,384 | €144,333 | +€71,948 | +99.4% |
| Deferred charges and accrued income | 490/1 | €2,508 | €2,046 | -€461 | -18.4% |
| Total equity and liabilities | 10/49 | €1,319,099 | €1,227,391 | -€91,708 | -7.0% |
| Equity | 10/15 | €472,121 | €486,449 | +€14,328 | +3.0% |
| Contributions | 10/11 | €538,000 | €538,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€65,879 | -€51,551 | +€14,328 | +21.7% |
| Amounts payable | 17/49 | €846,978 | €740,941 | -€106,036 | -12.5% |
| Amounts payable after more than one year | 17 | €450,000 | €450,000 | = | 0.0% |
| Financial debts | 170/4 | €450,000 | €450,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €394,456 | €290,941 | -€103,514 | -26.2% |
| Trade debts | 44 | €846 | €922 | +€76 | +9.0% |
| Suppliers | 440/4 | €846 | €922 | +€76 | +9.0% |
| Taxes, remuneration and social security | 45 | €4,323 | €3,731 | -€592 | -13.7% |
| Taxes | 450/3 | €4,323 | €3,731 | -€592 | -13.7% |
| Other amounts payable | 47/48 | €389,286 | €286,288 | -€102,998 | -26.5% |
| Accrued charges and deferred income | 492/3 | €2,522 | €0 | -€2,522 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €70,934 | €70,154 | -€780 | -1.1% |
| Other operating charges | 640/8 | €13,270 | €13,617 | +€347 | +2.6% |
| Gross operating margin | 9900 | €107,710 | €105,660 | -€2,050 | -1.9% |
| Operating profit (loss) | 9901 | €23,506 | €21,889 | -€1,617 | -6.9% |
| Financial income | 75/76B | - | €9,300 | +€9,300 | |
| Recurring financial income | 75 | - | €9,300 | +€9,300 | |
| Financial charges | 65/66B | €361 | €340 | -€22 | -6.0% |
| Recurring financial charges | 65 | €361 | €340 | -€22 | -6.0% |
| Profit (loss) for the period before taxes | 9903 | €23,145 | €30,849 | +€7,705 | +33.3% |
| Income taxes | 67/77 | €14,323 | €16,521 | +€2,198 | +15.3% |
| Profit (loss) for the period | 9904 | €8,822 | €14,328 | +€5,506 | +62.4% |
| Profit (loss) for the period to be appropriated | 9905 | €8,822 | €14,328 | +€5,506 | +62.4% |
Source: filed annual accounts (NBB), financial years ended 28 February 2025 and 28 February 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.