MEHDI-T: 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-T
Largest movements
- Stocks and contracts -€10,139
down €10,139 (-12.7%), from €80,071 to €69,933
- Cash +€8,416
up €8,416 (+120%), from €6,996 to €15,412
mainly Stocks and contracts (+€10,139) and Other debts (+€2,763)
- Receivables within one year +€1,030
up €1,030 (+69.9%), from €1,474 to €2,504
of which Other amounts receivable: +€864
- Tax, wage and social debts -€4,334
down €4,334 (-19.1%), from €22,685 to €18,351
of which Remuneration and social security: -€2,575
- Other debts +€2,763
up €2,763 (+8.0%), from €34,575 to €37,338
- Profit (loss) carried forward +€1,924
up €1,924 (+151%), from €1,272 to €3,196
- Trade debts -€1,120
down €1,120 (-11.4%), from €9,806 to €8,686
- Turnover +€22,189
up €22,189 (+9.9%), from €223,420 to €245,609
- Purchases and services +€20,338
up €20,338 (+10.1%), from €202,203 to €222,541
- Staff costs -€13,567
down €13,567 (-41.9%), from €32,340 to €18,774
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 | €97,974 | €96,325 | -€1,649 | -1.7% |
| Fixed assets | 21/28 | €7,632 | €6,875 | -€758 | -9.9% |
| Tangible fixed assets | 22/27 | €4,212 | €3,455 | -€758 | -18.0% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €989 | €1,575 | +€586 | +59.3% |
| Other tangible fixed assets | 26 | €3,224 | €1,880 | -€1,344 | -41.7% |
| Financial fixed assets | 28 | €3,420 | €3,420 | = | 0.0% |
| Current assets | 29/58 | €90,341 | €89,450 | -€891 | -1.0% |
| Stocks and contracts in progress | 3 | €80,071 | €69,933 | -€10,139 | -12.7% |
| Stocks | 30/36 | €80,071 | €69,933 | -€10,139 | -12.7% |
| Amounts receivable within one year | 40/41 | €1,474 | €2,504 | +€1,030 | +69.9% |
| Trade receivables | 40 | €112 | €278 | +€166 | +149% |
| Other amounts receivable | 41 | €1,363 | €2,226 | +€864 | +63.4% |
| Cash at bank and in hand | 54/58 | €6,996 | €15,412 | +€8,416 | +120% |
| Deferred charges and accrued income | 490/1 | €1,799 | €1,601 | -€198 | -11.0% |
| Total equity and liabilities | 10/49 | €97,974 | €96,325 | -€1,649 | -1.7% |
| Equity | 10/15 | €24,572 | €26,496 | +€1,924 | +7.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €4,700 | €4,700 | = | 0.0% |
| Tax-exempt reserves | 132 | €4,700 | €4,700 | = | 0.0% |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | €1,272 | €3,196 | +€1,924 | +151% |
| Amounts payable | 17/49 | €73,401 | €69,828 | -€3,573 | -4.9% |
| Amounts payable within one year | 42/48 | €73,401 | €69,828 | -€3,573 | -4.9% |
| Financial debts | 43 | €6,334 | €5,453 | -€881 | -13.9% |
| Credit institutions | 430/8 | €6,334 | €5,453 | -€881 | -13.9% |
| Trade debts | 44 | €9,806 | €8,686 | -€1,120 | -11.4% |
| Suppliers | 440/4 | €9,806 | €8,686 | -€1,120 | -11.4% |
| Taxes, remuneration and social security | 45 | €22,685 | €18,351 | -€4,334 | -19.1% |
| Taxes | 450/3 | €17,950 | €16,191 | -€1,759 | -9.8% |
| Remuneration and social security | 454/9 | €4,736 | €2,160 | -€2,575 | -54.4% |
| Other amounts payable | 47/48 | €34,575 | €37,338 | +€2,763 | +8.0% |
| Turnover | 70 | €223,420 | €245,609 | +€22,189 | +9.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €202,203 | €222,541 | +€20,338 | +10.1% |
| Remuneration, social security and pensions | 62 | €32,340 | €18,774 | -€13,567 | -41.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,531 | €1,813 | +€282 | +18.4% |
| Other operating charges | 640/8 | €1,588 | €1,725 | +€137 | +8.6% |
| Gross operating margin | 9900 | €26,521 | €27,865 | +€1,344 | +5.1% |
| Operating profit (loss) | 9901 | -€8,938 | €5,554 | +€14,492 | |
| Financial income | 75/76B | €10 | €8 | -€3 | -24.4% |
| Recurring financial income | 75 | €10 | €8 | -€3 | -24.4% |
| Financial charges | 65/66B | €4,371 | €3,503 | -€868 | -19.9% |
| Recurring financial charges | 65 | €4,371 | €3,503 | -€868 | -19.9% |
| Profit (loss) for the period before taxes | 9903 | -€13,299 | €2,059 | +€15,358 | |
| Income taxes | 67/77 | €145 | €136 | -€9 | -6.2% |
| Profit (loss) for the period | 9904 | -€13,443 | €1,924 | +€15,367 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,443 | €1,924 | +€15,367 |
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 16 October 2026 via checked.be.