MEHDI COUTURE: 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.
MEHDI COUTURE
Largest movements
- Tangible fixed assets -€9,978
down €9,978 (-21.2%), from €46,983 to €37,005
of which Furniture and vehicles: -€9,978
- Cash -€3,184
down €3,184 (-28.4%), from €11,197 to €8,013
mainly Debts after one year (-€16,179) and Deferred charges and accrued income (-€3,163)
- Deferred charges and accrued income +€3,163
new in 2025: €3,163
- Stocks and contracts +€2,300
up €2,300 (+34.4%), from €6,693 to €8,993
- Debts after one year -€16,179
down €16,179 (-50.7%), from €31,939 to €15,760
- Trade debts +€3,464
up €3,464 (+371%), from €934 to €4,398
- Current portion of long-term debt +€1,862
up €1,862 (+31.3%), from €5,943 to €7,805
- Profit (loss) carried forward +€1,642
up €1,642 (+13.3%), from €12,341 to €13,984
- Tax, wage and social debts +€1,431
up €1,431 (+1,085%), from €132 to €1,563
- Gross operating margin -€7,770
down €7,770 (-31.9%), from €24,385 to €16,615
- Depreciation -€4,688
no longer reported in 2025 (was €4,688)
- Financial charges -€1,802
down €1,802 (-89.5%), from €2,015 to €212
- Other operating charges -€1,318
down €1,318 (-29.0%), from €4,537 to €3,219
- Taxes +€794
up €794 (+103%), from €769 to €1,563
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 | €67,872 | €60,499 | -€7,374 | -10.9% |
| Fixed assets | 21/28 | €49,983 | €40,005 | -€9,978 | -20.0% |
| Tangible fixed assets | 22/27 | €46,983 | €37,005 | -€9,978 | -21.2% |
| Plant, machinery and equipment | 23 | €1,500 | €1,500 | = | 0.0% |
| Furniture and vehicles | 24 | €45,483 | €35,505 | -€9,978 | -21.9% |
| Financial fixed assets | 28 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €17,890 | €20,494 | +€2,604 | +14.6% |
| Stocks and contracts in progress | 3 | €6,693 | €8,993 | +€2,300 | +34.4% |
| Stocks | 30/36 | €6,693 | €8,993 | +€2,300 | +34.4% |
| Amounts receivable within one year | 40/41 | - | €325 | +€325 | |
| Other amounts receivable | 41 | - | €325 | +€325 | |
| Cash at bank and in hand | 54/58 | €11,197 | €8,013 | -€3,184 | -28.4% |
| Deferred charges and accrued income | 490/1 | - | €3,163 | +€3,163 | |
| Total equity and liabilities | 10/49 | €67,872 | €60,499 | -€7,374 | -10.9% |
| Equity | 10/15 | €12,541 | €14,184 | +€1,642 | +13.1% |
| Contributions | 10/11 | €200 | €200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,341 | €13,984 | +€1,642 | +13.3% |
| Amounts payable | 17/49 | €55,331 | €46,315 | -€9,016 | -16.3% |
| Amounts payable after more than one year | 17 | €31,939 | €15,760 | -€16,179 | -50.7% |
| Financial debts | 170/4 | €31,939 | €15,760 | -€16,179 | -50.7% |
| Amounts payable within one year | 42/48 | €23,391 | €30,555 | +€7,163 | +30.6% |
| Current portion of amounts payable after more than one year | 42 | €5,943 | €7,805 | +€1,862 | +31.3% |
| Trade debts | 44 | €934 | €4,398 | +€3,464 | +371% |
| Suppliers | 440/4 | €934 | €4,398 | +€3,464 | +371% |
| Taxes, remuneration and social security | 45 | €132 | €1,563 | +€1,431 | +1,085% |
| Taxes | 450/3 | €132 | €1,563 | +€1,431 | +1,085% |
| Other amounts payable | 47/48 | €16,383 | €16,789 | +€406 | +2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,688 | - | -€4,688 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €9,978 | €9,978 | = | 0.0% |
| Other operating charges | 640/8 | €4,537 | €3,219 | -€1,318 | -29.0% |
| Gross operating margin | 9900 | €24,385 | €16,615 | -€7,770 | -31.9% |
| Operating profit (loss) | 9901 | €5,182 | €3,418 | -€1,764 | -34.0% |
| Financial charges | 65/66B | €2,015 | €212 | -€1,802 | -89.5% |
| Recurring financial charges | 65 | €2,015 | €212 | -€1,802 | -89.5% |
| Profit (loss) for the period before taxes | 9903 | €3,167 | €3,205 | +€38 | +1.2% |
| Income taxes | 67/77 | €769 | €1,563 | +€794 | +103% |
| Profit (loss) for the period | 9904 | €2,398 | €1,642 | -€756 | -31.5% |
| Profit (loss) for the period to be appropriated | 9905 | €2,398 | €1,642 | -€756 | -31.5% |
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 30 October 2026 via checked.be.