MEHREGAN: 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.
MEHREGAN
Largest movements
- Cash +€3,062
up €3,062 (+8.1%), from €37,716 to €40,778
mainly Net result for the year (+€10,860) and Depreciation (+€1,226)
- Tangible fixed assets +€1,701
up €1,701 (+36.9%), from €4,611 to €6,312
of which Plant, machinery and equipment: +€2,098
- Receivables within one year +€868
up €868 (+4.1%), from €21,040 to €21,908
of which Other amounts receivable: +€970
- Reserves +€10,860
up €10,860 (+77.2%), from €14,072 to €24,932
of which Distributable reserves: +€10,860
- Other debts -€5,500
down €5,500 (-55.0%), from €10,000 to €4,500
- Tax, wage and social debts +€967
up €967 (+46.5%), from €2,079 to €3,046
- Gross operating margin -€6,796
down €6,796 (-28.7%), from €23,675 to €16,879
- Taxes +€1,345
up €1,345 (+52.4%), from €2,569 to €3,914
- Depreciation +€814
up €814 (+198%), from €412 to €1,226
- Other operating charges +€257
up €257 (+44.7%), from €575 to €832
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 | €68,612 | €74,243 | +€5,631 | +8.2% |
| Fixed assets | 21/28 | €6,656 | €8,357 | +€1,701 | +25.6% |
| Tangible fixed assets | 22/27 | €4,611 | €6,312 | +€1,701 | +36.9% |
| Plant, machinery and equipment | 23 | €257 | €2,355 | +€2,098 | +816% |
| Furniture and vehicles | 24 | €347 | €419 | +€72 | +20.7% |
| Other tangible fixed assets | 26 | €4,007 | €3,538 | -€469 | -11.7% |
| Financial fixed assets | 28 | €2,045 | €2,045 | = | 0.0% |
| Current assets | 29/58 | €61,956 | €65,886 | +€3,930 | +6.3% |
| Stocks and contracts in progress | 3 | €3,200 | €3,200 | = | 0.0% |
| Stocks | 30/36 | €3,200 | €3,200 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €21,040 | €21,908 | +€868 | +4.1% |
| Trade receivables | 40 | €1,728 | €1,626 | -€102 | -5.9% |
| Other amounts receivable | 41 | €19,312 | €20,282 | +€970 | +5.0% |
| Cash at bank and in hand | 54/58 | €37,716 | €40,778 | +€3,062 | +8.1% |
| Total equity and liabilities | 10/49 | €68,612 | €74,243 | +€5,631 | +8.2% |
| Equity | 10/15 | €55,181 | €66,041 | +€10,860 | +19.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €14,072 | €24,932 | +€10,860 | +77.2% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €12,213 | €23,073 | +€10,860 | +88.9% |
| Profit (loss) carried forward | 14 | €22,517 | €22,517 | = | 0.0% |
| Amounts payable | 17/49 | €13,431 | €8,202 | -€5,229 | -38.9% |
| Amounts payable within one year | 42/48 | €13,431 | €8,202 | -€5,229 | -38.9% |
| Trade debts | 44 | €988 | €656 | -€332 | -33.6% |
| Suppliers | 440/4 | €988 | €656 | -€332 | -33.6% |
| Advances received on contracts in progress | 46 | €364 | - | -€364 | |
| Taxes, remuneration and social security | 45 | €2,079 | €3,046 | +€967 | +46.5% |
| Taxes | 450/3 | €2,079 | €3,046 | +€967 | +46.5% |
| Other amounts payable | 47/48 | €10,000 | €4,500 | -€5,500 | -55.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €412 | €1,226 | +€814 | +198% |
| Other operating charges | 640/8 | €575 | €832 | +€257 | +44.7% |
| Gross operating margin | 9900 | €23,675 | €16,879 | -€6,796 | -28.7% |
| Operating profit (loss) | 9901 | €22,688 | €14,821 | -€7,867 | -34.7% |
| Financial charges | 65/66B | €42 | €47 | +€5 | +11.9% |
| Recurring financial charges | 65 | €42 | €47 | +€5 | +11.9% |
| Profit (loss) for the period before taxes | 9903 | €22,646 | €14,774 | -€7,872 | -34.8% |
| Income taxes | 67/77 | €2,569 | €3,914 | +€1,345 | +52.4% |
| Profit (loss) for the period | 9904 | €20,077 | €10,860 | -€9,217 | -45.9% |
| Profit (loss) for the period to be appropriated | 9905 | €20,077 | €10,860 | -€9,217 | -45.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.