Mees-Geeraerts: what changed
Mees-Geeraerts
Largest movements
- Cash +€22,855
up €22,855 (+63.8%), from €35,850 to €58,705
mainly Other debts (+€124,364) and Net result for the year (+€51,825)
- Tangible fixed assets +€15,144
up €15,144 (+38.3%), from €39,515 to €54,660
of which Furniture and vehicles: +€22,192
- Deferred charges and accrued income +€2,606
up €2,606 (+9.2%), from €28,230 to €30,836
- Other debts +€124,364
up €124,364 (+7,580%), from €1,641 to €126,004
- Reserves -€92,089
no longer reported in 2025 (was €92,089)
- Tax, wage and social debts +€4,018
up €4,018 (+73.2%), from €5,491 to €9,509
of which Remuneration and social security: +€2,085
- Current portion of long-term debt +€3,363
new in 2025: €3,363
- Trade debts +€1,787
up €1,787 (+119%), from €1,506 to €3,293
- Gross operating margin +€35,943
up €35,943 (+60.1%), from €59,804 to €95,747
- Taxes +€9,025
up €9,025 (+77.0%), from €11,717 to €20,742
- Depreciation +€3,123
up €3,123 (+19.0%), from €16,466 to €19,589
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €103,596 | €144,537 | +€40,942 | +39.5% |
| Fixed assets | 21/28 | €39,515 | €54,910 | +€15,394 | +39.0% |
| Tangible fixed assets | 22/27 | €39,515 | €54,660 | +€15,144 | +38.3% |
| Plant, machinery and equipment | 23 | - | €6,975 | +€6,975 | |
| Furniture and vehicles | 24 | €3,328 | €25,521 | +€22,192 | +667% |
| Other tangible fixed assets | 26 | €36,187 | €22,164 | -€14,023 | -38.8% |
| Financial fixed assets | 28 | - | €250 | +€250 | |
| Current assets | 29/58 | €64,080 | €89,628 | +€25,548 | +39.9% |
| Amounts receivable within one year | 40/41 | - | €86 | +€86 | |
| Trade receivables | 40 | - | €86 | +€86 | |
| Cash at bank and in hand | 54/58 | €35,850 | €58,705 | +€22,855 | +63.8% |
| Deferred charges and accrued income | 490/1 | €28,230 | €30,836 | +€2,606 | +9.2% |
| Total equity and liabilities | 10/49 | €103,596 | €144,537 | +€40,942 | +39.5% |
| Equity | 10/15 | €93,089 | €1,000 | -€92,089 | -98.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €92,089 | - | -€92,089 | |
| Distributable reserves | 133 | €92,089 | - | -€92,089 | |
| Amounts payable | 17/49 | €10,507 | €143,537 | +€133,031 | +1,266% |
| Amounts payable within one year | 42/48 | €8,638 | €142,169 | +€133,531 | +1,546% |
| Current portion of amounts payable after more than one year | 42 | - | €3,363 | +€3,363 | |
| Trade debts | 44 | €1,506 | €3,293 | +€1,787 | +119% |
| Suppliers | 440/4 | €1,506 | €3,293 | +€1,787 | +119% |
| Taxes, remuneration and social security | 45 | €5,491 | €9,509 | +€4,018 | +73.2% |
| Taxes | 450/3 | €5,491 | €7,424 | +€1,933 | +35.2% |
| Remuneration and social security | 454/9 | - | €2,085 | +€2,085 | |
| Other amounts payable | 47/48 | €1,641 | €126,004 | +€124,364 | +7,580% |
| Accrued charges and deferred income | 492/3 | €1,869 | €1,368 | -€501 | -26.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,466 | €19,589 | +€3,123 | +19.0% |
| Other operating charges | 640/8 | €1,067 | €746 | -€322 | -30.1% |
| Gross operating margin | 9900 | €59,804 | €95,747 | +€35,943 | +60.1% |
| Operating profit (loss) | 9901 | €42,271 | €75,412 | +€33,141 | +78.4% |
| Financial income | 75/76B | €9 | - | -€9 | |
| Recurring financial income | 75 | €9 | - | -€9 | |
| Financial charges | 65/66B | €3,356 | €2,845 | -€511 | -15.2% |
| Recurring financial charges | 65 | €3,356 | €2,845 | -€511 | -15.2% |
| Profit (loss) for the period before taxes | 9903 | €38,924 | €72,567 | +€33,643 | +86.4% |
| Income taxes | 67/77 | €11,717 | €20,742 | +€9,025 | +77.0% |
| Profit (loss) for the period | 9904 | €27,207 | €51,825 | +€24,618 | +90.5% |
| Profit (loss) for the period to be appropriated | 9905 | €27,207 | €51,825 | +€24,618 | +90.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.