MEHIRA: 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.
MEHIRA
Largest movements
- Receivables within one year -€9,745
down €9,745 (-38.4%), from €25,375 to €15,630
- Tangible fixed assets -€6,592
down €6,592 (-83.5%), from €7,897 to €1,305
of which Other tangible fixed assets: -€5,542
- Stocks and contracts +€3,465
up €3,465 (+74.0%), from €4,682 to €8,147
- Cash +€1,688
up €1,688 (+10.2%), from €16,492 to €18,180
mainly Receivables within one year (+€9,745) and Net result for the year (+€9,357)
- Intangible fixed assets -€1,000
down €1,000 (-24.9%), from €4,016 to €3,016
- Profit (loss) carried forward -€7,785
down €7,785 (-76.5%), from €10,177 to €2,392
- Current portion of long-term debt -€5,841
no longer reported in 2025 (was €5,841)
- Trade debts +€2,906
up €2,906 (+28.8%), from €10,097 to €13,003
- Tax, wage and social debts -€2,464
down €2,464 (-14.0%), from €17,658 to €15,194
of which Taxes: -€4,668
- Other debts +€1,000
up €1,000 (+9.1%), from €11,000 to €12,000
- Gross operating margin +€42,977
up €42,977 (+162%), from €26,503 to €69,479
- Staff costs +€35,290
up €35,290 (+278%), from €12,713 to €48,004
- Taxes +€1,511
up €1,511 (+129%), from €1,168 to €2,679
- Other operating charges +€1,171
up €1,171 (+833%), from €141 to €1,311
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 | €61,192 | €49,008 | -€12,184 | -19.9% |
| Fixed assets | 21/28 | €14,643 | €7,052 | -€7,592 | -51.8% |
| Intangible fixed assets | 21 | €4,016 | €3,016 | -€1,000 | -24.9% |
| Tangible fixed assets | 22/27 | €7,897 | €1,305 | -€6,592 | -83.5% |
| Furniture and vehicles | 24 | €2,355 | €1,305 | -€1,050 | -44.6% |
| Other tangible fixed assets | 26 | €5,542 | - | -€5,542 | |
| Financial fixed assets | 28 | €2,730 | €2,730 | = | 0.0% |
| Current assets | 29/58 | €46,549 | €41,957 | -€4,592 | -9.9% |
| Stocks and contracts in progress | 3 | €4,682 | €8,147 | +€3,465 | +74.0% |
| Stocks | 30/36 | €4,682 | €8,147 | +€3,465 | +74.0% |
| Amounts receivable within one year | 40/41 | €25,375 | €15,630 | -€9,745 | -38.4% |
| Other amounts receivable | 41 | €25,375 | €15,630 | -€9,745 | -38.4% |
| Cash at bank and in hand | 54/58 | €16,492 | €18,180 | +€1,688 | +10.2% |
| Total equity and liabilities | 10/49 | €61,192 | €49,008 | -€12,184 | -19.9% |
| Equity | 10/15 | €16,597 | €8,811 | -€7,785 | -46.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €220 | €220 | = | 0.0% |
| Non-distributable reserves | 130/1 | €220 | €220 | = | 0.0% |
| Reserves not available under the articles | 1311 | €220 | €220 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,177 | €2,392 | -€7,785 | -76.5% |
| Amounts payable | 17/49 | €44,595 | €40,197 | -€4,399 | -9.9% |
| Amounts payable within one year | 42/48 | €44,595 | €40,197 | -€4,399 | -9.9% |
| Current portion of amounts payable after more than one year | 42 | €5,841 | - | -€5,841 | |
| Trade debts | 44 | €10,097 | €13,003 | +€2,906 | +28.8% |
| Suppliers | 440/4 | €10,097 | €13,003 | +€2,906 | +28.8% |
| Taxes, remuneration and social security | 45 | €17,658 | €15,194 | -€2,464 | -14.0% |
| Taxes | 450/3 | €14,040 | €9,372 | -€4,668 | -33.2% |
| Remuneration and social security | 454/9 | €3,618 | €5,822 | +€2,204 | +60.9% |
| Other amounts payable | 47/48 | €11,000 | €12,000 | +€1,000 | +9.1% |
| Remuneration, social security and pensions | 62 | €12,713 | €48,004 | +€35,290 | +278% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,783 | €7,592 | -€191 | -2.5% |
| Other operating charges | 640/8 | €141 | €1,311 | +€1,171 | +833% |
| Gross operating margin | 9900 | €26,503 | €69,479 | +€42,977 | +162% |
| Operating profit (loss) | 9901 | €5,866 | €12,572 | +€6,707 | +114% |
| Financial charges | 65/66B | €454 | €536 | +€82 | +18.1% |
| Recurring financial charges | 65 | €454 | €536 | +€82 | +18.1% |
| Profit (loss) for the period before taxes | 9903 | €5,412 | €12,037 | +€6,625 | +122% |
| Income taxes | 67/77 | €1,168 | €2,679 | +€1,511 | +129% |
| Profit (loss) for the period | 9904 | €4,243 | €9,357 | +€5,114 | +121% |
| Profit (loss) for the period to be appropriated | 9905 | €4,243 | €9,357 | +€5,114 | +121% |
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 19 October 2026 via checked.be.