MEHOTE: 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.
MEHOTE
Largest movements
- Tangible fixed assets -€34,831
down €34,831 (-3.7%), from €950,564 to €915,733
- Debts after one year -€29,971
down €29,971 (-3.9%), from €768,854 to €738,883
- Other debts +€10,000
up €10,000 (+7.3%), from €137,500 to €147,500
- Gross operating margin +€70,809
up €70,809, from -€11,380 to €59,429
- Depreciation -€4,844
down €4,844 (-12.2%), from €39,675 to €34,831
- Financial charges -€2,592
down €2,592 (-7.4%), from €34,998 to €32,406
of which Financial charges: -€3,082
- Other operating charges -€1,302
no longer reported in 2025 (was €1,302)
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 | €952,971 | €927,359 | -€25,612 | -2.7% |
| Fixed assets | 21/28 | €950,564 | €915,733 | -€34,831 | -3.7% |
| Tangible fixed assets | 22/27 | €950,564 | €915,733 | -€34,831 | -3.7% |
| Land and buildings | 22 | €950,564 | €915,733 | -€34,831 | -3.7% |
| Current assets | 29/58 | €2,407 | €11,626 | +€9,219 | +383% |
| Cash at bank and in hand | 54/58 | €2,407 | €9,227 | +€6,820 | +283% |
| Deferred charges and accrued income | 490/1 | - | €2,399 | +€2,399 | |
| Total equity and liabilities | 10/49 | €952,971 | €927,359 | -€25,612 | -2.7% |
| Equity | 10/15 | €12,644 | €4,836 | -€7,809 | -61.8% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€87,356 | -€95,164 | -€7,809 | -8.9% |
| Amounts payable | 17/49 | €940,327 | €922,523 | -€17,803 | -1.9% |
| Amounts payable after more than one year | 17 | €768,854 | €738,883 | -€29,971 | -3.9% |
| Financial debts | 170/4 | €768,854 | €738,883 | -€29,971 | -3.9% |
| Amounts payable within one year | 42/48 | €168,646 | €180,509 | +€11,863 | +7.0% |
| Current portion of amounts payable after more than one year | 42 | €31,146 | €32,415 | +€1,269 | +4.1% |
| Trade debts | 44 | - | €594 | +€594 | |
| Suppliers | 440/4 | - | €594 | +€594 | |
| Other amounts payable | 47/48 | €137,500 | €147,500 | +€10,000 | +7.3% |
| Accrued charges and deferred income | 492/3 | €2,827 | €3,131 | +€304 | +10.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,675 | €34,831 | -€4,844 | -12.2% |
| Other operating charges | 640/8 | €1,302 | - | -€1,302 | |
| Gross operating margin | 9900 | -€11,380 | €59,429 | +€70,809 | |
| Operating profit (loss) | 9901 | -€52,357 | €24,598 | +€76,955 | |
| Financial charges | 65/66B | €34,998 | €32,406 | -€2,592 | -7.4% |
| Recurring financial charges | 65 | €34,998 | €31,916 | -€3,082 | -8.8% |
| Non-recurring financial charges | 66B | - | €490 | +€490 | |
| Profit (loss) for the period before taxes | 9903 | -€87,356 | -€7,809 | +€79,547 | +91.1% |
| Profit (loss) for the period | 9904 | -€87,356 | -€7,809 | +€79,547 | +91.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€87,356 | -€7,809 | +€79,547 | +91.1% |
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.