MEECH ELEKTROSTATIK: what changed
Two financial 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.
MEECH ELEKTROSTATIK
Largest movements
- Receivables within one year -€509,996
down €509,996 (-43.4%), from €1.2m to €665,362
of which Trade receivables: -€509,250
- Cash -€122,154
down €122,154 (-12.4%), from €982,911 to €860,757
mainly Other debts (-€1.7m) and Investment in fixed assets (net) (-€100,067)
- Tangible fixed assets +€68,894
up €68,894 (+257%), from €26,847 to €95,741
- Other debts -€1.7m
no longer reported in 2025 (was €1.7m)
- Trade debts +€1.2m
up €1.2m (+196%), from €603,650 to €1.8m
- Advances received -€33,397
down €33,397 (-39.5%), from €84,455 to €51,058
- Provisions -€27,500
no longer reported in 2025 (was €27,500)
- Gross operating margin -€2.1m
down €2.1m (-94.0%), from €2.2m to €135,654
- Provisions +€82,565
up €82,565 (+75.0%), from -€110,065 to -€27,500
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.
Derived cash bridge
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 | €2,483,893 | €1,934,196 | -€549,696 | -22.1% |
| Fixed assets | 21/28 | €26,847 | €95,741 | +€68,894 | +257% |
| Tangible fixed assets | 22/27 | €26,847 | €95,741 | +€68,894 | +257% |
| Furniture and vehicles | 24 | €26,847 | €95,741 | +€68,894 | +257% |
| Current assets | 29/58 | €2,457,045 | €1,838,455 | -€618,590 | -25.2% |
| Stocks and contracts in progress | 3 | €277,813 | €292,791 | +€14,978 | +5.4% |
| Stocks | 30/36 | €277,813 | €292,791 | +€14,978 | +5.4% |
| Amounts receivable within one year | 40/41 | €1,175,358 | €665,362 | -€509,996 | -43.4% |
| Trade receivables | 40 | €1,173,188 | €663,938 | -€509,250 | -43.4% |
| Other amounts receivable | 41 | €2,170 | €1,424 | -€746 | -34.4% |
| Cash at bank and in hand | 54/58 | €982,911 | €860,757 | -€122,154 | -12.4% |
| Deferred charges and accrued income | 490/1 | €20,963 | €19,545 | -€1,418 | -6.8% |
| Total equity and liabilities | 10/49 | €2,483,893 | €1,934,196 | -€549,696 | -22.1% |
| Equity | 10/15 | €79,838 | €80,244 | +€406 | +0.5% |
| 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 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,638 | €12,044 | +€406 | +3.5% |
| Provisions and deferred taxes | 16 | €27,500 | - | -€27,500 | |
| Provisions for liabilities and charges | 160/5 | €27,500 | - | -€27,500 | |
| Other liabilities and charges | 164/5 | €27,500 | - | -€27,500 | |
| Amounts payable | 17/49 | €2,376,554 | €1,853,952 | -€522,602 | -22.0% |
| Amounts payable within one year | 42/48 | €2,376,554 | €1,853,952 | -€522,602 | -22.0% |
| Trade debts | 44 | €603,650 | €1,787,129 | +€1.2m | +196% |
| Suppliers | 440/4 | €603,650 | €1,787,129 | +€1.2m | +196% |
| Advances received on contracts in progress | 46 | €84,455 | €51,058 | -€33,397 | -39.5% |
| Taxes, remuneration and social security | 45 | €16,450 | €15,765 | -€685 | -4.2% |
| Taxes | 450/3 | €10,129 | €9,217 | -€911 | -9.0% |
| Remuneration and social security | 454/9 | €6,321 | €6,548 | +€226 | +3.6% |
| Other amounts payable | 47/48 | €1,672,000 | - | -€1.7m | |
| Non-recurring operating income | 76A | - | €9,828 | +€9,828 | |
| Remuneration, social security and pensions | 62 | €78,566 | €81,273 | +€2,707 | +3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,198 | €31,173 | -€4,026 | -11.4% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€110,065 | -€27,500 | +€82,565 | +75.0% |
| Other operating charges | 640/8 | €1,308 | €7,374 | +€6,066 | +464% |
| Non-recurring operating charges | 66A | €139,430 | €17,500 | -€121,930 | -87.4% |
| Gross operating margin | 9900 | €2,246,665 | €135,654 | -€2.1m | -94.0% |
| Operating profit (loss) | 9901 | €2,102,228 | €25,835 | -€2.1m | -98.8% |
| Financial income | 75/76B | €925 | €1,784 | +€859 | +92.9% |
| Recurring financial income | 75 | €925 | €1,784 | +€859 | +92.9% |
| Financial charges | 65/66B | €20,828 | €18,273 | -€2,555 | -12.3% |
| Recurring financial charges | 65 | €20,828 | €18,273 | -€2,555 | -12.3% |
| Profit (loss) for the period before taxes | 9903 | €2,082,325 | €9,345 | -€2.1m | -99.6% |
| Income taxes | 67/77 | €10,315 | €8,939 | -€1,376 | -13.3% |
| Profit (loss) for the period | 9904 | €2,072,010 | €406 | -€2.1m | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | €2,072,010 | €406 | -€2.1m | -100.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.