MEHLHOP: 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.
MEHLHOP
Largest movements
- Deferred charges and accrued income +€2,309
up €2,309 (+289%), from €800 to €3,109
- Receivables within one year +€1,737
up €1,737 (+7.9%), from €21,943 to €23,681
of which Other amounts receivable: +€1,737
- Cash -€1,473
down €1,473 (-30.3%), from €4,868 to €3,394
mainly Tax, wage and social debts (-€17,420) and Deferred charges and accrued income (-€2,309)
- Tangible fixed assets -€1,112
down €1,112 (-100%), from €1,112 to €0
of which Other tangible fixed assets: -€720
- Profit (loss) carried forward +€18,983
up €18,983 (+79.1%), from -€23,990 to -€5,007
- Tax, wage and social debts -€17,420
down €17,420 (-70.8%), from €24,613 to €7,193
- Trade debts -€462
down €462 (-6.7%), from €6,948 to €6,485
- Accrued charges and deferred income +€361
new in 2025: €361
- Gross operating margin +€23,046
up €23,046 (+749%), from €3,077 to €26,123
- Other operating charges +€1,752
up €1,752 (+183%), from €958 to €2,710
- Financial charges +€306
up €306 (+115%), from €267 to €572
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 | €30,930 | €32,391 | +€1,461 | +4.7% |
| Fixed assets | 21/28 | €3,319 | €2,208 | -€1,112 | -33.5% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €1,112 | €0 | -€1,112 | -100% |
| Furniture and vehicles | 24 | €392 | €0 | -€392 | -100% |
| Other tangible fixed assets | 26 | €720 | €0 | -€720 | -100% |
| Financial fixed assets | 28 | €2,208 | €2,208 | = | 0.0% |
| Current assets | 29/58 | €27,611 | €30,184 | +€2,573 | +9.3% |
| Amounts receivable within one year | 40/41 | €21,943 | €23,681 | +€1,737 | +7.9% |
| Trade receivables | 40 | €0 | €0 | = | |
| Other amounts receivable | 41 | €21,943 | €23,681 | +€1,737 | +7.9% |
| Cash at bank and in hand | 54/58 | €4,868 | €3,394 | -€1,473 | -30.3% |
| Deferred charges and accrued income | 490/1 | €800 | €3,109 | +€2,309 | +289% |
| Total equity and liabilities | 10/49 | €30,930 | €32,391 | +€1,461 | +4.7% |
| Equity | 10/15 | -€9,630 | €9,353 | +€18,983 | |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,990 | -€5,007 | +€18,983 | +79.1% |
| Amounts payable | 17/49 | €40,560 | €23,039 | -€17,522 | -43.2% |
| Amounts payable after more than one year | 17 | €9,000 | €9,000 | = | 0.0% |
| Financial debts | 170/4 | €9,000 | €9,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €31,560 | €13,678 | -€17,882 | -56.7% |
| Trade debts | 44 | €6,948 | €6,485 | -€462 | -6.7% |
| Suppliers | 440/4 | €6,948 | €6,485 | -€462 | -6.7% |
| Taxes, remuneration and social security | 45 | €24,613 | €7,193 | -€17,420 | -70.8% |
| Taxes | 450/3 | €24,613 | €7,193 | -€17,420 | -70.8% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | - | €361 | +€361 | |
| Non-recurring operating income | 76A | €9,595 | - | -€9,595 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,307 | €1,112 | -€196 | -15.0% |
| Other operating charges | 640/8 | €958 | €2,710 | +€1,752 | +183% |
| Non-recurring operating charges | 66A | €3,202 | €2,187 | -€1,015 | -31.7% |
| Gross operating margin | 9900 | €3,077 | €26,123 | +€23,046 | +749% |
| Operating profit (loss) | 9901 | -€2,390 | €20,115 | +€22,505 | |
| Financial income | 75/76B | €6 | €1 | -€4 | -75.4% |
| Recurring financial income | 75 | €6 | €1 | -€4 | -75.4% |
| Financial charges | 65/66B | €267 | €572 | +€306 | +115% |
| Recurring financial charges | 65 | €267 | €572 | +€306 | +115% |
| Profit (loss) for the period before taxes | 9903 | -€2,651 | €19,544 | +€22,195 | |
| Income taxes | 67/77 | €318 | €561 | +€243 | +76.3% |
| Profit (loss) for the period | 9904 | -€2,969 | €18,983 | +€21,952 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,969 | €18,983 | +€21,952 |
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 25 October 2026 via checked.be.