MECOBRI: 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.
MECOBRI
Largest movements
- Receivables within one year +€91,864
up €91,864 (+55.0%), from €166,893 to €258,757
- Tangible fixed assets -€25,613
down €25,613 (-8.2%), from €313,258 to €287,646
- Deferred charges and accrued income -€8,550
down €8,550 (-100.0%), from €8,550 to €0
- Cash +€5,998
up €5,998 (+3142.3%), from €191 to €6,189
mainly Net result for the year (+€98,493) and Depreciation (+€25,613)
- Profit (loss) carried forward +€64,813
up €64,813 (+20.7%), from €312,968 to €377,781
- Current portion of long-term debt -€35,000
down €35,000 (-100.0%), from €35,000 to €0
- Reserves +€33,680
up €33,680 (+146.2%), from €23,040 to €56,720
of which Tax-exempt reserves: +€33,680
- Tax, wage and social debts +€6,195
up €6,195 (+14.9%), from €41,660 to €47,855
- Financial income +€16,631
up €16,631 (+424.0%), from €3,922 to €20,553
- Turnover -€5,937
down €5,937 (-3.7%), from €161,413 to €155,476
- Gross operating margin -€5,339
down €5,339 (-3.7%), from €142,450 to €137,111
- Taxes +€4,804
up €4,804 (+17.4%), from €27,585 to €32,389
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.
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 | €488,892 | €552,591 | +€63,699 | +13.0% |
| Fixed assets | 21/28 | €313,258 | €287,646 | -€25,613 | -8.2% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €313,258 | €287,646 | -€25,613 | -8.2% |
| Land and buildings | 22 | €313,258 | €287,646 | -€25,613 | -8.2% |
| Current assets | 29/58 | €175,634 | €264,946 | +€89,312 | +50.9% |
| Amounts receivable within one year | 40/41 | €166,893 | €258,757 | +€91,864 | +55.0% |
| Other amounts receivable | 41 | €166,893 | €258,757 | +€91,864 | +55.0% |
| Cash at bank and in hand | 54/58 | €191 | €6,189 | +€5,998 | +3142.3% |
| Deferred charges and accrued income | 490/1 | €8,550 | €0 | -€8,550 | -100.0% |
| Total equity and liabilities | 10/49 | €488,892 | €552,591 | +€63,699 | +13.0% |
| Equity | 10/15 | €398,008 | €496,501 | +€98,493 | +24.7% |
| 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 | €23,040 | €56,720 | +€33,680 | +146.2% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €16,840 | €50,520 | +€33,680 | +200.0% |
| Profit (loss) carried forward | 14 | €312,968 | €377,781 | +€64,813 | +20.7% |
| Amounts payable | 17/49 | €90,884 | €56,091 | -€34,793 | -38.3% |
| Amounts payable within one year | 42/48 | €90,884 | €56,091 | -€34,793 | -38.3% |
| Current portion of amounts payable after more than one year | 42 | €35,000 | €0 | -€35,000 | -100.0% |
| Trade debts | 44 | €4,724 | €236 | -€4,488 | -95.0% |
| Suppliers | 440/4 | €4,724 | €236 | -€4,488 | -95.0% |
| Taxes, remuneration and social security | 45 | €41,660 | €47,855 | +€6,195 | +14.9% |
| Taxes | 450/3 | €41,660 | €47,855 | +€6,195 | +14.9% |
| Other amounts payable | 47/48 | €9,500 | €8,000 | -€1,500 | -15.8% |
| Accrued charges and deferred income | 492/3 | - | €0 | = | |
| Turnover | 70 | €161,413 | €155,476 | -€5,937 | -3.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €18,964 | €18,366 | -€598 | -3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,062 | €25,613 | +€550 | +2.2% |
| Non-recurring operating charges | 66A | - | €671 | +€671 | |
| Gross operating margin | 9900 | €142,450 | €137,111 | -€5,339 | -3.7% |
| Operating profit (loss) | 9901 | €117,387 | €110,827 | -€6,560 | -5.6% |
| Financial income | 75/76B | €3,922 | €20,553 | +€16,631 | +424.0% |
| Recurring financial income | 75 | €3,922 | €20,553 | +€16,631 | +424.0% |
| Financial charges | 65/66B | €1,076 | €499 | -€577 | -53.6% |
| Recurring financial charges | 65 | €1,076 | €499 | -€577 | -53.6% |
| Profit (loss) for the period before taxes | 9903 | €120,234 | €130,882 | +€10,648 | +8.9% |
| Income taxes | 67/77 | €27,585 | €32,389 | +€4,804 | +17.4% |
| Profit (loss) for the period | 9904 | €92,649 | €98,493 | +€5,844 | +6.3% |
| Transfer to tax-exempt reserves | 689 | €16,840 | €33,680 | +€16,840 | +100.0% |
| Profit (loss) for the period to be appropriated | 9905 | €75,809 | €64,813 | -€10,996 | -14.5% |
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.