Mees Development: 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.
Mees Development
Largest movements
- Stocks and contracts -€867,184
down €867,184 (-62.7%), from €1.4m to €516,386
- Financial fixed assets -€638,475
down €638,475 (-100.0%), from €638,475 to €0
- Cash +€557,202
up €557,202 (+965.1%), from €57,732 to €614,935
mainly Stocks and contracts (+€867,184) and Investment in fixed assets (net) (+€472,970)
- Deferred charges and accrued income -€125,000
down €125,000 (-100.0%), from €125,000 to €0
- Receivables within one year -€104,713
down €104,713 (-80.5%), from €130,000 to €25,287
- Trade debts -€1.2m
down €1.2m (-97.9%), from €1.2m to €26,234
- Other debts -€224,415
down €224,415 (-8.4%), from €2.7m to €2.4m
- Reserves +€178,954
up €178,954 (+204.4%), from €87,543 to €266,497
- Tax, wage and social debts +€73,458
up €73,458 (+79.8%), from €92,110 to €165,568
- Gross operating margin +€794,384
up €794,384 (+575.4%), from €138,055 to €932,439
- Taxes +€62,566
up €62,566 (+121.5%), from €51,501 to €114,067
- Financial charges +€19,427
up €19,427 (+44659.3%), from €44 to €19,470
- Depreciation +€10,570
up €10,570 (+10.7%), from €99,141 to €109,711
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 | €4,082,263 | €2,959,886 | -€1.1m | -27.5% |
| Fixed assets | 21/28 | €2,385,961 | €1,803,279 | -€582,681 | -24.4% |
| Tangible fixed assets | 22/27 | €1,747,485 | €1,803,279 | +€55,794 | +3.2% |
| Land and buildings | 22 | €1,745,657 | €1,802,219 | +€56,562 | +3.2% |
| Furniture and vehicles | 24 | €1,829 | €1,061 | -€768 | -42.0% |
| Financial fixed assets | 28 | €638,475 | €0 | -€638,475 | -100.0% |
| Current assets | 29/58 | €1,696,302 | €1,156,607 | -€539,695 | -31.8% |
| Stocks and contracts in progress | 3 | €1,383,570 | €516,386 | -€867,184 | -62.7% |
| Stocks | 30/36 | €1,383,570 | €516,386 | -€867,184 | -62.7% |
| Amounts receivable within one year | 40/41 | €130,000 | €25,287 | -€104,713 | -80.5% |
| Trade receivables | 40 | €130,000 | €25,287 | -€104,713 | -80.5% |
| Cash at bank and in hand | 54/58 | €57,732 | €614,935 | +€557,202 | +965.1% |
| Deferred charges and accrued income | 490/1 | €125,000 | €0 | -€125,000 | -100.0% |
| Total equity and liabilities | 10/49 | €4,082,263 | €2,959,886 | -€1.1m | -27.5% |
| Equity | 10/15 | €90,543 | €269,497 | +€178,954 | +197.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €87,543 | €266,497 | +€178,954 | +204.4% |
| Distributable reserves | 133 | €87,543 | €266,497 | +€178,954 | +204.4% |
| Amounts payable | 17/49 | €3,991,720 | €2,690,389 | -€1.3m | -32.6% |
| Amounts payable after more than one year | 17 | - | €38,846 | +€38,846 | |
| Financial debts | 170/4 | - | €38,846 | +€38,846 | |
| Amounts payable within one year | 42/48 | €3,991,720 | €2,651,543 | -€1.3m | -33.6% |
| Current portion of amounts payable after more than one year | 42 | - | €17,542 | +€17,542 | |
| Financial debts | 43 | - | €10,118 | +€10,118 | |
| Credit institutions | 430/8 | - | €10,118 | +€10,118 | |
| Trade debts | 44 | €1,243,114 | €26,234 | -€1.2m | -97.9% |
| Suppliers | 440/4 | €1,243,114 | €26,234 | -€1.2m | -97.9% |
| Taxes, remuneration and social security | 45 | €92,110 | €165,568 | +€73,458 | +79.8% |
| Taxes | 450/3 | €92,110 | €165,568 | +€73,458 | +79.8% |
| Other amounts payable | 47/48 | €2,656,496 | €2,432,081 | -€224,415 | -8.4% |
| Non-recurring operating income | 76A | - | €6,319 | +€6,319 | |
| Remuneration, social security and pensions | 62 | - | €546 | +€546 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €99,141 | €109,711 | +€10,570 | +10.7% |
| Other operating charges | 640/8 | €270 | €3,727 | +€3,457 | +1281.8% |
| Non-recurring operating charges | 66A | - | €505,964 | +€505,964 | |
| Gross operating margin | 9900 | €138,055 | €932,439 | +€794,384 | +575.4% |
| Operating profit (loss) | 9901 | €38,645 | €312,491 | +€273,847 | +708.6% |
| Financial charges | 65/66B | €44 | €19,470 | +€19,427 | +44659.3% |
| Recurring financial charges | 65 | €44 | €19,470 | +€19,427 | +44659.3% |
| Profit (loss) for the period before taxes | 9903 | €38,601 | €293,021 | +€254,420 | +659.1% |
| Income taxes | 67/77 | €51,501 | €114,067 | +€62,566 | +121.5% |
| Profit (loss) for the period | 9904 | -€12,900 | €178,954 | +€191,854 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,900 | €178,954 | +€191,854 |
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 6 October 2026 via checked.be.