MECHO LTD: 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.
MECHO LTD
Largest movements
- Receivables within one year -€5,724
down €5,724 (-40.1%), from €14,280 to €8,556
- Cash +€1,001
up €1,001 (+135.1%), from €741 to €1,742
mainly Net result for the year (+€6,850) and Receivables within one year (+€5,724)
- Debts within one year -€11,633
down €11,633 (-78.9%), from €14,746 to €3,113
- Profit (loss) carried forward +€6,381
no longer reported in 2014 (was -€6,381)
- Reserves +€469
up €469 (+9.0%), from €5,216 to €5,685
- Turnover -€53,865
down €53,865 (-45.3%), from €118,860 to €64,995
- Gross operating margin -€3,116
down €3,116 (-29.9%), from €10,410 to €7,294
From the 2013 result to the 2014 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 2013 and 2014 balance sheets and the 2014 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2013 | 2014 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €15,081 | €10,298 | -€4,783 | -31.7% |
| Fixed assets | 21/28 | €60 | - | -€60 | |
| Tangible fixed assets | 22/27 | €60 | - | -€60 | |
| Current assets | 29/58 | €15,021 | €10,298 | -€4,723 | -31.4% |
| Amounts receivable within one year | 40/41 | €14,280 | €8,556 | -€5,724 | -40.1% |
| Cash at bank and in hand | 54/58 | €741 | €1,742 | +€1,001 | +135.1% |
| Total equity and liabilities | 10/49 | €15,081 | €10,298 | -€4,783 | -31.7% |
| Equity | 10/15 | €335 | €7,185 | +€6,850 | +2044.8% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €5,216 | €5,685 | +€469 | +9.0% |
| Profit (loss) carried forward | 14 | -€6,381 | - | +€6,381 | |
| Amounts payable | 17/49 | €14,746 | €3,113 | -€11,633 | -78.9% |
| Amounts payable within one year | 42/48 | €14,746 | €3,113 | -€11,633 | -78.9% |
| Trade debts | 44 | €13,882 | - | -€13,882 | |
| Turnover | 70 | €118,860 | €64,995 | -€53,865 | -45.3% |
| Gross operating margin | 9900 | €10,410 | €7,294 | -€3,116 | -29.9% |
| Operating profit (loss) | 9901 | -€6,412 | €7,294 | +€13,706 | |
| Recurring financial income | 75 | €84 | €7 | -€77 | -91.7% |
| Recurring financial charges | 65 | €53 | €209 | +€156 | +294.3% |
| Profit (loss) for the period before taxes | 9903 | -€6,381 | €7,092 | +€13,473 | |
| Income taxes | 67/77 | - | €242 | +€242 | |
| Profit (loss) for the period | 9904 | -€6,381 | €6,850 | +€13,231 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,381 | €6,850 | +€13,231 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2013 and 31 March 2014. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.