MEHREEN: what changed
Two fiscal 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.
MEHREEN
Largest movements
- Cash +€66,251
up €66,251 (+162.6%), from €40,747 to €106,998
mainly Trade debts (+€32,389) and Net result for the year (+€26,199)
- Receivables within one year +€4,030
up €4,030 (+20.6%), from €19,564 to €23,594
of which Other amounts receivable: +€3,060
- Trade debts +€32,389
up €32,389 (+1309.7%), from €2,473 to €34,862
- Profit (loss) carried forward +€26,199
up €26,199 (+51.1%), from €51,236 to €77,435
- Tax, wage and social debts +€11,693
new in 2025: €11,693
of which Taxes: +€8,919
- Turnover +€541,994
new in 2025: €541,994
- Purchases and services +€483,267
new in 2025: €483,267
- Gross operating margin +€25,624
up €25,624 (+77.4%), from €33,103 to €58,727
- Staff costs +€13,269
up €13,269 (+138.8%), from €9,563 to €22,832
- Taxes +€8,733
new in 2025: €8,733
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.
Cash bridge derived
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 | €63,709 | €133,990 | +€70,281 | +110.3% |
| Fixed assets | 21/28 | €208 | €208 | -€0 | -0.2% |
| Financial fixed assets | 28 | €208 | €208 | -€0 | -0.2% |
| Current assets | 29/58 | €63,500 | €133,782 | +€70,282 | +110.7% |
| Stocks and contracts in progress | 3 | €3,190 | €3,190 | = | 0.0% |
| Stocks | 30/36 | €3,190 | €3,190 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €19,564 | €23,594 | +€4,030 | +20.6% |
| Trade receivables | 40 | - | €970 | +€970 | |
| Other amounts receivable | 41 | €19,564 | €22,624 | +€3,060 | +15.6% |
| Cash at bank and in hand | 54/58 | €40,747 | €106,998 | +€66,251 | +162.6% |
| Total equity and liabilities | 10/49 | €63,709 | €133,990 | +€70,281 | +110.3% |
| Equity | 10/15 | €61,236 | €87,435 | +€26,199 | +42.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Capital | 10 | €10,000 | - | -€10,000 | |
| Issued capital | 100 | €10,000 | - | -€10,000 | |
| Profit (loss) carried forward | 14 | €51,236 | €77,435 | +€26,199 | +51.1% |
| Amounts payable | 17/49 | €2,473 | €46,555 | +€44,082 | +1782.5% |
| Amounts payable within one year | 42/48 | €2,473 | €46,555 | +€44,082 | +1782.5% |
| Trade debts | 44 | €2,473 | €34,862 | +€32,389 | +1309.7% |
| Suppliers | 440/4 | €2,473 | €34,862 | +€32,389 | +1309.7% |
| Taxes, remuneration and social security | 45 | - | €11,693 | +€11,693 | |
| Taxes | 450/3 | - | €8,919 | +€8,919 | |
| Remuneration and social security | 454/9 | - | €2,774 | +€2,774 | |
| Turnover | 70 | - | €541,994 | +€541,994 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €483,267 | +€483,267 | |
| Remuneration, social security and pensions | 62 | €9,563 | €22,832 | +€13,269 | +138.8% |
| Other operating charges | 640/8 | €498 | €861 | +€363 | +73.1% |
| Gross operating margin | 9900 | €33,103 | €58,727 | +€25,624 | +77.4% |
| Operating profit (loss) | 9901 | €23,043 | €35,034 | +€11,991 | +52.0% |
| Financial charges | 65/66B | €72 | €102 | +€30 | +40.7% |
| Recurring financial charges | 65 | €72 | €102 | +€30 | +40.7% |
| Profit (loss) for the period before taxes | 9903 | €22,971 | €34,932 | +€11,961 | +52.1% |
| Income taxes | 67/77 | - | €8,733 | +€8,733 | |
| Profit (loss) for the period | 9904 | €22,971 | €26,199 | +€3,228 | +14.1% |
| Profit (loss) for the period to be appropriated | 9905 | €22,971 | €26,199 | +€3,228 | +14.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.