MEHAIGNE: 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.
MEHAIGNE
Largest movements
- Deferred charges and accrued income +€116,402
up €116,402 (+264.6%), from €43,996 to €160,398
- Receivables within one year -€42,090
down €42,090 (-100.0%), from €42,090 to €0
- Other debts +€79,052
new in 2025: €79,052
- Gross operating margin +€25,190
up €25,190 (+495.5%), from €5,084 to €30,274
- Financial income -€2,121
down €2,121 (-98.0%), from €2,164 to €43
- Other operating charges +€510
up €510 (+7.3%), from €6,983 to €7,494
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 | €517,590 | €594,492 | +€76,901 | +14.9% |
| Fixed assets | 21/28 | €431,297 | €431,297 | = | 0.0% |
| Tangible fixed assets | 22/27 | €431,297 | €431,297 | = | 0.0% |
| Land and buildings | 22 | €431,297 | €431,297 | = | 0.0% |
| Current assets | 29/58 | €86,293 | €163,194 | +€76,901 | +89.1% |
| Amounts receivable within one year | 40/41 | €42,090 | €0 | -€42,090 | -100.0% |
| Other amounts receivable | 41 | €42,090 | €0 | -€42,090 | -100.0% |
| Cash at bank and in hand | 54/58 | €207 | €2,796 | +€2,590 | +1252.6% |
| Deferred charges and accrued income | 490/1 | €43,996 | €160,398 | +€116,402 | +264.6% |
| Total equity and liabilities | 10/49 | €517,590 | €594,492 | +€76,901 | +14.9% |
| Equity | 10/15 | €509,514 | €512,017 | +€2,503 | +0.5% |
| Contributions | 10/11 | €446,208 | €446,208 | = | 0.0% |
| Capital | 10 | €446,208 | €446,208 | = | 0.0% |
| Issued capital | 100 | €446,208 | €446,208 | = | 0.0% |
| Reserves | 13 | €63,306 | €65,808 | +€2,503 | +4.0% |
| Non-distributable reserves | 130/1 | €12,341 | €12,466 | +€125 | +1.0% |
| Legal reserve | 130 | €12,341 | €12,466 | +€125 | +1.0% |
| Distributable reserves | 133 | €50,965 | €53,343 | +€2,377 | +4.7% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €8,076 | €82,475 | +€74,399 | +921.2% |
| Amounts payable within one year | 42/48 | €8,076 | €82,475 | +€74,399 | +921.2% |
| Trade debts | 44 | €8,076 | €3,334 | -€4,742 | -58.7% |
| Suppliers | 440/4 | €8,076 | €3,334 | -€4,742 | -58.7% |
| Taxes, remuneration and social security | 45 | €0 | €89 | +€89 | |
| Taxes | 450/3 | €0 | €89 | +€89 | |
| Other amounts payable | 47/48 | - | €79,052 | +€79,052 | |
| Other operating charges | 640/8 | €6,983 | €7,494 | +€510 | +7.3% |
| Gross operating margin | 9900 | €5,084 | €30,274 | +€25,190 | +495.5% |
| Operating profit (loss) | 9901 | -€1,900 | €22,780 | +€24,680 | |
| Financial income | 75/76B | €2,164 | €43 | -€2,121 | -98.0% |
| Recurring financial income | 75 | €2,164 | €43 | -€2,121 | -98.0% |
| Financial charges | 65/66B | €224 | €232 | +€8 | +3.5% |
| Recurring financial charges | 65 | €224 | €232 | +€8 | +3.5% |
| Profit (loss) for the period before taxes | 9903 | €41 | €22,592 | +€22,551 | +55667.9% |
| Income taxes | 67/77 | €0 | €89 | +€89 | |
| Profit (loss) for the period | 9904 | €41 | €22,503 | +€22,462 | +55448.0% |
| Profit (loss) for the period to be appropriated | 9905 | €41 | €22,503 | +€22,462 | +55448.0% |
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 7 October 2026 via checked.be.