MEHELIT: what changed
MEHELIT
Largest movements
- Cash +€9,164
up €9,164 (+240%), from €3,822 to €12,985
mainly Net result for the year (+€14,014) and Receivables within one year (+€2,131)
- Tangible fixed assets +€4,114
up €4,114 (+636%), from €647 to €4,761
- Receivables within one year -€2,131
down €2,131 (-32.8%), from €6,498 to €4,367
- Profit (loss) carried forward +€14,014
up €14,014 (+29.2%), from -€47,975 to -€33,961
- Other debts -€3,864
down €3,864 (-97.1%), from €3,979 to €115
- Trade debts +€1,881
up €1,881 (+274%), from €688 to €2,569
- Tax, wage and social debts -€632
down €632 (-14.2%), from €4,448 to €3,816
of which Remuneration and social security: -€1,600
- Gross operating margin +€10,540
up €10,540 (+196%), from €5,374 to €15,914
- Depreciation +€328
up €328 (+70.7%), from €464 to €792
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 | €11,313 | €22,539 | +€11,226 | +99.2% |
| Fixed assets | 21/28 | €647 | €4,761 | +€4,114 | +636% |
| Tangible fixed assets | 22/27 | €647 | €4,761 | +€4,114 | +636% |
| Furniture and vehicles | 24 | €647 | €4,761 | +€4,114 | +636% |
| Current assets | 29/58 | €10,666 | €17,778 | +€7,112 | +66.7% |
| Amounts receivable within one year | 40/41 | €6,498 | €4,367 | -€2,131 | -32.8% |
| Trade receivables | 40 | €6,498 | €4,367 | -€2,131 | -32.8% |
| Cash at bank and in hand | 54/58 | €3,822 | €12,985 | +€9,164 | +240% |
| Deferred charges and accrued income | 490/1 | €346 | €426 | +€79 | +22.9% |
| Total equity and liabilities | 10/49 | €11,313 | €22,539 | +€11,226 | +99.2% |
| Equity | 10/15 | €2,025 | €16,039 | +€14,014 | +692% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€47,975 | -€33,961 | +€14,014 | +29.2% |
| Amounts payable | 17/49 | €9,287 | €6,499 | -€2,788 | -30.0% |
| Amounts payable within one year | 42/48 | €9,115 | €6,499 | -€2,615 | -28.7% |
| Trade debts | 44 | €688 | €2,569 | +€1,881 | +274% |
| Suppliers | 440/4 | €688 | €2,569 | +€1,881 | +274% |
| Taxes, remuneration and social security | 45 | €4,448 | €3,816 | -€632 | -14.2% |
| Taxes | 450/3 | €2,848 | €3,816 | +€968 | +34.0% |
| Remuneration and social security | 454/9 | €1,600 | - | -€1,600 | |
| Other amounts payable | 47/48 | €3,979 | €115 | -€3,864 | -97.1% |
| Accrued charges and deferred income | 492/3 | €173 | - | -€173 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €464 | €792 | +€328 | +70.7% |
| Other operating charges | 640/8 | €467 | €465 | -€2 | -0.3% |
| Gross operating margin | 9900 | €5,374 | €15,914 | +€10,540 | +196% |
| Operating profit (loss) | 9901 | €4,443 | €14,656 | +€10,213 | +230% |
| Financial charges | 65/66B | €472 | €502 | +€30 | +6.4% |
| Recurring financial charges | 65 | €472 | €502 | +€30 | +6.4% |
| Profit (loss) for the period before taxes | 9903 | €3,972 | €14,155 | +€10,183 | +256% |
| Income taxes | 67/77 | €140 | €141 | +€1 | +1.0% |
| Profit (loss) for the period | 9904 | €3,832 | €14,014 | +€10,182 | +266% |
| Profit (loss) for the period to be appropriated | 9905 | €3,832 | €14,014 | +€10,182 | +266% |
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 2 November 2026 via checked.be.