MECHON: 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.
MECHON
Largest movements
- Receivables within one year +€25,875
up €25,875 (+226.7%), from €11,414 to €37,289
of which Trade receivables: +€28,710
- Cash +€8,749
up €8,749 (+11.9%), from €73,439 to €82,188
mainly Provisions (+€25,860) and Depreciation (+€16,126)
- Tangible fixed assets -€5,379
down €5,379 (-12.0%), from €44,781 to €39,403
of which Furniture and vehicles: -€12,833
- Provisions +€25,860
new in 2025: €25,860
- Debts after one year -€9,871
down €9,871 (-45.0%), from €21,915 to €12,044
- Reserves +€6,672
up €6,672 (+9.8%), from €68,216 to €74,888
- Trade debts +€2,869
up €2,869 (+213.4%), from €1,344 to €4,213
- Provisions +€25,860
new in 2025: €25,860
- Depreciation +€1,284
up €1,284 (+8.7%), from €14,842 to €16,126
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 | €140,436 | €168,858 | +€28,422 | +20.2% |
| Fixed assets | 21/28 | €53,757 | €47,380 | -€6,377 | -11.9% |
| Intangible fixed assets | 21 | €8,975 | €7,977 | -€998 | -11.1% |
| Tangible fixed assets | 22/27 | €44,781 | €39,403 | -€5,379 | -12.0% |
| Plant, machinery and equipment | 23 | €563 | €2,586 | +€2,022 | +359.0% |
| Furniture and vehicles | 24 | €44,218 | €31,385 | -€12,833 | -29.0% |
| Other tangible fixed assets | 26 | - | €5,432 | +€5,432 | |
| Current assets | 29/58 | €86,679 | €121,478 | +€34,799 | +40.1% |
| Amounts receivable within one year | 40/41 | €11,414 | €37,289 | +€25,875 | +226.7% |
| Trade receivables | 40 | €8,198 | €36,908 | +€28,710 | +350.2% |
| Other amounts receivable | 41 | €3,216 | €381 | -€2,835 | -88.2% |
| Cash at bank and in hand | 54/58 | €73,439 | €82,188 | +€8,749 | +11.9% |
| Deferred charges and accrued income | 490/1 | €1,826 | €2,001 | +€175 | +9.6% |
| Total equity and liabilities | 10/49 | €140,436 | €168,858 | +€28,422 | +20.2% |
| Equity | 10/15 | €75,216 | €81,888 | +€6,672 | +8.9% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | €68,216 | €74,888 | +€6,672 | +9.8% |
| Distributable reserves | 133 | €68,216 | €74,888 | +€6,672 | +9.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | - | €25,860 | +€25,860 | |
| Provisions for liabilities and charges | 160/5 | - | €25,860 | +€25,860 | |
| Other liabilities and charges | 164/5 | - | €25,860 | +€25,860 | |
| Amounts payable | 17/49 | €65,219 | €61,110 | -€4,109 | -6.3% |
| Amounts payable after more than one year | 17 | €21,915 | €12,044 | -€9,871 | -45.0% |
| Financial debts | 170/4 | €21,915 | €12,044 | -€9,871 | -45.0% |
| Amounts payable within one year | 42/48 | €43,304 | €49,066 | +€5,762 | +13.3% |
| Current portion of amounts payable after more than one year | 42 | €9,471 | €9,871 | +€400 | +4.2% |
| Trade debts | 44 | €1,344 | €4,213 | +€2,869 | +213.4% |
| Suppliers | 440/4 | €1,344 | €4,213 | +€2,869 | +213.4% |
| Taxes, remuneration and social security | 45 | €26,822 | €28,377 | +€1,555 | +5.8% |
| Taxes | 450/3 | €26,822 | €28,377 | +€1,555 | +5.8% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €5,667 | €6,605 | +€938 | +16.5% |
| Remuneration, social security and pensions | 62 | - | €213 | +€213 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,842 | €16,126 | +€1,284 | +8.7% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €25,860 | +€25,860 | |
| Other operating charges | 640/8 | €588 | €563 | -€25 | -4.2% |
| Gross operating margin | 9900 | €61,514 | €62,095 | +€581 | +0.9% |
| Operating profit (loss) | 9901 | €46,084 | €19,333 | -€26,751 | -58.0% |
| Financial income | 75/76B | €8 | €0 | -€8 | -99.6% |
| Recurring financial income | 75 | €8 | €0 | -€8 | -99.6% |
| Financial charges | 65/66B | €1,851 | €1,572 | -€279 | -15.1% |
| Recurring financial charges | 65 | €1,851 | €1,572 | -€279 | -15.1% |
| Profit (loss) for the period before taxes | 9903 | €44,242 | €17,761 | -€26,481 | -59.9% |
| Income taxes | 67/77 | €9,579 | €9,423 | -€156 | -1.6% |
| Profit (loss) for the period | 9904 | €34,662 | €8,338 | -€26,325 | -75.9% |
| Profit (loss) for the period to be appropriated | 9905 | €34,662 | €8,338 | -€26,325 | -75.9% |
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 5 October 2026 via checked.be.