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Mecla: 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.

What changed

Mecla

BE 0446.724.194
NACE 47.730, Retail sale of pharmaceutical products
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€34,864
2024 · €30,328+€4,536
Equity
€283,737
2024 · €248,873+€34,864
Cash
€62,458
2024 · €59,034+€3,424
Balance sheet total
€502,903
2024 · €497,183+€5,721

Largest movements

2024 to 2025
Assets
  • Stocks and contracts +€13,583

    up €13,583 (+13.6%), from €99,941 to €113,524

  • Tangible fixed assets -€7,791

    down €7,791 (-53.5%), from €14,572 to €6,781

    of which Other tangible fixed assets: -€6,220

Equity and liabilities
  • Profit (loss) carried forward +€34,864

    up €34,864 (+21.8%), from €160,188 to €195,052

  • Short-term financial debts -€34,189

    down €34,189 (-62.0%), from €55,135 to €20,945

  • Other debts +€23,960

    up €23,960 (+159.7%), from €15,000 to €38,960

  • Debts after one year -€13,808

    down €13,808 (-100.0%), from €13,808 to €0

  • Trade debts -€13,585

    down €13,585 (-9.1%), from €150,093 to €136,507

Income statement
  • Gross operating margin +€9,243

    up €9,243 (+8.6%), from €107,617 to €116,860

  • Staff costs +€2,527

    up €2,527 (+4.6%), from €54,934 to €57,461

  • Taxes +€1,784

    up €1,784 (+17.0%), from €10,485 to €12,269

From the 2024 result to the 2025 result

effect on the 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 €30,328
Gross operating margin +€9,243
Staff costs -€2,527
Depreciation +€260
Other operating charges +€3
Financial charges -€659
Taxes -€1,784
Result 2025 €34,864

Cash bridge derived

cash 2024 to 2025

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 +€54,411
Investment -€1,768
Financing -€49,219
Cash 2024 €59,034
Net result for the year +€34,864
Depreciation +€9,559
Stocks and contracts -€13,583
Receivables within one year +€2,992
Deferred charges and accrued income +€503
Trade debts -€13,585
Tax, wage and social debts +€9,634
Advances received +€762
Other debts +€23,960
Accrued charges and deferred income -€696
Investment in fixed assets (net) -€1,768
Debts after one year -€13,808
Current portion of long-term debt -€1,222
Short-term financial debts -€34,189
Cash 2025 €62,458
Every line side by side 51 lines
Line Code 2024 2025 Change %
Total assets 20/58 €497,183 €502,903 +€5,721 +1.2%
Fixed assets 21/28 €14,609 €6,818 -€7,791 -53.3%
Tangible fixed assets 22/27 €14,572 €6,781 -€7,791 -53.5%
Furniture and vehicles 24 €4,531 €2,960 -€1,571 -34.7%
Other tangible fixed assets 26 €10,041 €3,821 -€6,220 -61.9%
Financial fixed assets 28 €37 €37 = 0.0%
Current assets 29/58 €482,573 €496,085 +€13,512 +2.8%
Stocks and contracts in progress 3 €99,941 €113,524 +€13,583 +13.6%
Stocks 30/36 €99,941 €113,524 +€13,583 +13.6%
Amounts receivable within one year 40/41 €261,278 €258,286 -€2,992 -1.1%
Trade receivables 40 €1,243 €4,380 +€3,137 +252.3%
Other amounts receivable 41 €260,034 €253,906 -€6,129 -2.4%
Current investments 50/53 €124 €124 = 0.0%
Cash at bank and in hand 54/58 €59,034 €62,458 +€3,424 +5.8%
Deferred charges and accrued income 490/1 €62,196 €61,694 -€503 -0.8%
Total equity and liabilities 10/49 €497,183 €502,903 +€5,721 +1.2%
Equity 10/15 €248,873 €283,737 +€34,864 +14.0%
Contributions 10/11 €62,000 €62,000 = 0.0%
Capital 10 €62,000 €62,000 = 0.0%
Issued capital 100 €62,000 €62,000 = 0.0%
Reserves 13 €26,685 €26,685 = 0.0%
Non-distributable reserves 130/1 €6,200 €6,200 = 0.0%
Legal reserve 130 €6,200 €6,200 = 0.0%
Distributable reserves 133 €20,485 €20,485 = 0.0%
Profit (loss) carried forward 14 €160,188 €195,052 +€34,864 +21.8%
Amounts payable 17/49 €248,310 €219,166 -€29,144 -11.7%
Amounts payable after more than one year 17 €13,808 €0 -€13,808 -100.0%
Financial debts 170/4 €13,808 €0 -€13,808 -100.0%
Amounts payable within one year 42/48 €230,633 €215,992 -€14,641 -6.3%
Current portion of amounts payable after more than one year 42 €2,463 €1,240 -€1,222 -49.6%
Financial debts 43 €55,135 €20,945 -€34,189 -62.0%
Credit institutions 430/8 €55,135 €20,945 -€34,189 -62.0%
Trade debts 44 €150,093 €136,507 -€13,585 -9.1%
Suppliers 440/4 €150,093 €136,507 -€13,585 -9.1%
Advances received on contracts in progress 46 - €762 +€762
Taxes, remuneration and social security 45 €7,943 €17,576 +€9,634 +121.3%
Taxes 450/3 €483 €8,764 +€8,281 +1715.7%
Remuneration and social security 454/9 €7,460 €8,813 +€1,353 +18.1%
Other amounts payable 47/48 €15,000 €38,960 +€23,960 +159.7%
Accrued charges and deferred income 492/3 €3,870 €3,174 -€696 -18.0%
Remuneration, social security and pensions 62 €54,934 €57,461 +€2,527 +4.6%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €9,819 €9,559 -€260 -2.7%
Other operating charges 640/8 €823 €819 -€3 -0.4%
Gross operating margin 9900 €107,617 €116,860 +€9,243 +8.6%
Operating profit (loss) 9901 €42,041 €49,020 +€6,979 +16.6%
Financial charges 65/66B €1,228 €1,887 +€659 +53.7%
Recurring financial charges 65 €1,228 €1,887 +€659 +53.7%
Profit (loss) for the period before taxes 9903 €40,813 €47,133 +€6,320 +15.5%
Income taxes 67/77 €10,485 €12,269 +€1,784 +17.0%
Profit (loss) for the period 9904 €30,328 €34,864 +€4,536 +15.0%
Profit (loss) for the period to be appropriated 9905 €30,328 €34,864 +€4,536 +15.0%

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 29 September 2026 via checked.be.