MECO2: 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.
MECO2
Largest movements
- Cash -€17,925
down €17,925 (-43.3%), from €41,427 to €23,502
mainly Other debts (-€20,069) and Net result for the year (-€5,018)
- Other debts -€20,069
down €20,069 (-2.5%), from €814,527 to €794,458
- Other operating charges +€7,262
up €7,262 (+432.4%), from €1,679 to €8,942
- Gross operating margin -€1,064
down €1,064 (-20.8%), from €5,122 to €4,058
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 | €837,602 | €819,842 | -€17,760 | -2.1% |
| Current assets | 29/58 | €837,602 | €819,842 | -€17,760 | -2.1% |
| Stocks and contracts in progress | 3 | €787,812 | €787,812 | = | 0.0% |
| Stocks | 30/36 | €787,812 | €787,812 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €7,461 | €7,584 | +€123 | +1.6% |
| Trade receivables | 40 | €7,260 | €7,260 | = | 0.0% |
| Other amounts receivable | 41 | €201 | €324 | +€123 | +60.8% |
| Cash at bank and in hand | 54/58 | €41,427 | €23,502 | -€17,925 | -43.3% |
| Deferred charges and accrued income | 490/1 | €902 | €945 | +€43 | +4.8% |
| Total equity and liabilities | 10/49 | €837,602 | €819,842 | -€17,760 | -2.1% |
| Equity | 10/15 | €21,752 | €16,734 | -€5,018 | -23.1% |
| Contributions | 10/11 | €53,899 | €53,600 | -€299 | -0.6% |
| Reserves | 13 | - | €299 | +€299 | |
| Distributable reserves | 133 | - | €299 | +€299 | |
| Profit (loss) carried forward | 14 | -€32,147 | -€37,165 | -€5,018 | -15.6% |
| Amounts payable | 17/49 | €815,850 | €803,108 | -€12,742 | -1.6% |
| Amounts payable within one year | 42/48 | €815,850 | €803,108 | -€12,742 | -1.6% |
| Trade debts | 44 | €1,323 | €8,650 | +€7,327 | +553.9% |
| Suppliers | 440/4 | €1,323 | €8,650 | +€7,327 | +553.9% |
| Other amounts payable | 47/48 | €814,527 | €794,458 | -€20,069 | -2.5% |
| Other operating charges | 640/8 | €1,679 | €8,942 | +€7,262 | +432.4% |
| Gross operating margin | 9900 | €5,122 | €4,058 | -€1,064 | -20.8% |
| Operating profit (loss) | 9901 | €3,443 | -€4,884 | -€8,326 | |
| Financial charges | 65/66B | €122 | €134 | +€12 | +9.6% |
| Recurring financial charges | 65 | €122 | €134 | +€12 | +9.6% |
| Profit (loss) for the period before taxes | 9903 | €3,320 | -€5,018 | -€8,338 | |
| Profit (loss) for the period | 9904 | €3,320 | -€5,018 | -€8,338 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,320 | -€5,018 | -€8,338 |
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 4 October 2026 via checked.be.