MEES - VAN HOECKE: 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.
MEES - VAN HOECKE
Largest movements
- Cash +€10,447
up €10,447 (+13.9%), from €75,373 to €85,820
mainly Net result for the year (+€8,811) and Depreciation (+€8,096)
- Receivables within one year +€2,618
up €2,618 (+15.4%), from €17,019 to €19,637
of which Trade receivables: +€4,687
- Tangible fixed assets -€1,354
down €1,354 (-10.1%), from €13,373 to €12,019
of which Furniture and vehicles: -€4,695
- Deferred charges and accrued income -€1,345
down €1,345 (-38.5%), from €3,498 to €2,153
- Other debts +€7,289
up €7,289 (+119%), from €6,132 to €13,421
- Trade debts +€6,263
up €6,263 (+149%), from €4,203 to €10,466
- Tax, wage and social debts -€2,367
down €2,367 (-15.2%), from €15,545 to €13,179
of which Taxes: -€1,918
- Staff costs -€17,120
down €17,120 (-48.5%), from €35,321 to €18,201
- Gross operating margin -€10,002
down €10,002 (-19.6%), from €50,990 to €40,988
- Taxes +€2,041
up €2,041 (+73.7%), from €2,769 to €4,810
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 | €109,262 | €119,628 | +€10,366 | +9.5% |
| Fixed assets | 21/28 | €13,373 | €12,019 | -€1,354 | -10.1% |
| Tangible fixed assets | 22/27 | €13,373 | €12,019 | -€1,354 | -10.1% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €13,373 | €8,678 | -€4,695 | -35.1% |
| Other tangible fixed assets | 26 | - | €3,341 | +€3,341 | |
| Current assets | 29/58 | €95,889 | €107,610 | +€11,720 | +12.2% |
| Amounts receivable within one year | 40/41 | €17,019 | €19,637 | +€2,618 | +15.4% |
| Trade receivables | 40 | €13,719 | €18,406 | +€4,687 | +34.2% |
| Other amounts receivable | 41 | €3,300 | €1,231 | -€2,069 | -62.7% |
| Cash at bank and in hand | 54/58 | €75,373 | €85,820 | +€10,447 | +13.9% |
| Deferred charges and accrued income | 490/1 | €3,498 | €2,153 | -€1,345 | -38.5% |
| Total equity and liabilities | 10/49 | €109,262 | €119,628 | +€10,366 | +9.5% |
| Equity | 10/15 | €82,186 | €82,563 | +€376 | +0.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €72,186 | €72,563 | +€376 | +0.5% |
| Tax-exempt reserves | 132 | €4,068 | €4,068 | = | 0.0% |
| Distributable reserves | 133 | €68,118 | €68,495 | +€376 | +0.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €27,076 | €37,066 | +€9,990 | +36.9% |
| Amounts payable within one year | 42/48 | €25,880 | €37,066 | +€11,185 | +43.2% |
| Trade debts | 44 | €4,203 | €10,466 | +€6,263 | +149% |
| Suppliers | 440/4 | €4,203 | €10,466 | +€6,263 | +149% |
| Taxes, remuneration and social security | 45 | €15,545 | €13,179 | -€2,367 | -15.2% |
| Taxes | 450/3 | €10,665 | €8,747 | -€1,918 | -18.0% |
| Remuneration and social security | 454/9 | €4,881 | €4,432 | -€449 | -9.2% |
| Other amounts payable | 47/48 | €6,132 | €13,421 | +€7,289 | +119% |
| Accrued charges and deferred income | 492/3 | €1,195 | €0 | -€1,195 | -100% |
| Remuneration, social security and pensions | 62 | €35,321 | €18,201 | -€17,120 | -48.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,180 | €8,096 | -€84 | -1.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €966 | €960 | -€6 | -0.6% |
| Gross operating margin | 9900 | €50,990 | €40,988 | -€10,002 | -19.6% |
| Operating profit (loss) | 9901 | €6,523 | €13,731 | +€7,208 | +111% |
| Financial income | 75/76B | €328 | €0 | -€328 | -100.0% |
| Recurring financial income | 75 | €328 | €0 | -€328 | -100.0% |
| Financial charges | 65/66B | €293 | €110 | -€183 | -62.4% |
| Recurring financial charges | 65 | €293 | €110 | -€183 | -62.4% |
| Profit (loss) for the period before taxes | 9903 | €6,558 | €13,621 | +€7,063 | +108% |
| Income taxes | 67/77 | €2,769 | €4,810 | +€2,041 | +73.7% |
| Profit (loss) for the period | 9904 | €3,789 | €8,811 | +€5,022 | +133% |
| Profit (loss) for the period to be appropriated | 9905 | €3,789 | €8,811 | +€5,022 | +133% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.