MECHFIT: 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.
MECHFIT
Largest movements
- Tangible fixed assets -€59,936
down €59,936 (-11.7%), from €510,799 to €450,864
of which Other tangible fixed assets: -€57,133
- Cash -€7,085
down €7,085 (-16.3%), from €43,476 to €36,391
mainly Debts after one year (-€114,308) and Tax, wage and social debts (-€8,672)
- Debts after one year -€114,308
down €114,308 (-31.6%), from €361,494 to €247,186
of which Other amounts payable: -€72,497
- Profit (loss) carried forward +€42,851
up €42,851 (+29.0%), from -€147,645 to -€104,795
- Trade debts +€10,013
up €10,013 (+324%), from €3,086 to €13,099
- Tax, wage and social debts -€8,672
down €8,672 (-50.4%), from €17,202 to €8,530
of which Remuneration and social security: -€8,282
- Other operating charges +€11,704
up €11,704 (+590%), from €1,985 to €13,690
- Gross operating margin +€9,729
up €9,729 (+4.3%), from €224,534 to €234,263
- Financial charges -€8,343
down €8,343 (-48.4%), from €17,243 to €8,900
of which Financial charges: -€8,614
- Staff costs -€2,688
down €2,688 (-2.6%), from €105,076 to €102,389
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.
Derived cash bridge
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 | €562,281 | €493,557 | -€68,724 | -12.2% |
| Fixed assets | 21/28 | €510,799 | €450,864 | -€59,936 | -11.7% |
| Tangible fixed assets | 22/27 | €510,799 | €450,864 | -€59,936 | -11.7% |
| Plant, machinery and equipment | 23 | €3,806 | €2,180 | -€1,626 | -42.7% |
| Furniture and vehicles | 24 | €3,485 | €2,308 | -€1,177 | -33.8% |
| Other tangible fixed assets | 26 | €503,508 | €446,375 | -€57,133 | -11.3% |
| Current assets | 29/58 | €51,482 | €42,693 | -€8,789 | -17.1% |
| Stocks and contracts in progress | 3 | €1,789 | €1,728 | -€61 | -3.4% |
| Stocks | 30/36 | €1,789 | €1,728 | -€61 | -3.4% |
| Amounts receivable within one year | 40/41 | €5,816 | €1,903 | -€3,913 | -67.3% |
| Trade receivables | 40 | €4,773 | €860 | -€3,913 | -82.0% |
| Other amounts receivable | 41 | €1,043 | €1,043 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €43,476 | €36,391 | -€7,085 | -16.3% |
| Deferred charges and accrued income | 490/1 | €402 | €2,671 | +€2,270 | +565% |
| Total equity and liabilities | 10/49 | €562,281 | €493,557 | -€68,724 | -12.2% |
| Equity | 10/15 | €140,081 | €182,932 | +€42,851 | +30.6% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Reserves | 13 | €37,726 | €37,726 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,000 | €6,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,000 | €6,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €13,376 | €13,376 | = | 0.0% |
| Distributable reserves | 133 | €18,350 | €18,350 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€147,645 | -€104,795 | +€42,851 | +29.0% |
| Amounts payable | 17/49 | €422,201 | €310,625 | -€111,575 | -26.4% |
| Amounts payable after more than one year | 17 | €361,494 | €247,186 | -€114,308 | -31.6% |
| Financial debts | 170/4 | €168,580 | €126,770 | -€41,810 | -24.8% |
| Other amounts payable | 178/9 | €192,914 | €120,416 | -€72,497 | -37.6% |
| Amounts payable within one year | 42/48 | €60,707 | €63,439 | +€2,733 | +4.5% |
| Current portion of amounts payable after more than one year | 42 | €40,419 | €41,810 | +€1,392 | +3.4% |
| Trade debts | 44 | €3,086 | €13,099 | +€10,013 | +324% |
| Suppliers | 440/4 | €3,086 | €13,099 | +€10,013 | +324% |
| Taxes, remuneration and social security | 45 | €17,202 | €8,530 | -€8,672 | -50.4% |
| Taxes | 450/3 | €953 | €563 | -€390 | -40.9% |
| Remuneration and social security | 454/9 | €16,249 | €7,967 | -€8,282 | -51.0% |
| Remuneration, social security and pensions | 62 | €105,076 | €102,389 | -€2,688 | -2.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €65,304 | €66,433 | +€1,129 | +1.7% |
| Other operating charges | 640/8 | €1,985 | €13,690 | +€11,704 | +590% |
| Gross operating margin | 9900 | €224,534 | €234,263 | +€9,729 | +4.3% |
| Operating profit (loss) | 9901 | €52,168 | €51,751 | -€417 | -0.8% |
| Financial income | 75/76B | €921 | €0 | -€921 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Non-recurring financial income | 76B | €921 | €0 | -€921 | -100% |
| Financial charges | 65/66B | €17,243 | €8,900 | -€8,343 | -48.4% |
| Recurring financial charges | 65 | €17,243 | €8,629 | -€8,614 | -50.0% |
| Non-recurring financial charges | 66B | - | €272 | +€272 | |
| Profit (loss) for the period before taxes | 9903 | €35,846 | €42,851 | +€7,005 | +19.5% |
| Income taxes | 67/77 | €11 | €0 | -€11 | -100% |
| Profit (loss) for the period | 9904 | €35,835 | €42,851 | +€7,016 | +19.6% |
| Profit (loss) for the period to be appropriated | 9905 | €35,835 | €42,851 | +€7,016 | +19.6% |
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 21 October 2026 via checked.be.