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MEK: 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.

What changed

MEK

BE 0866.926.315
NACE 68.121, Development of residential building projects
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€2,641
2024 · -€2,693+€52
Equity
€11,895
2024 · €14,536-€2,641
Cash
€2,548
2024 · €4,675-€2,127
Balance sheet total
€17,022
2024 · €19,536-€2,514

Largest movements

2024 to 2025
Assets
  • Cash -€2,127

    down €2,127 (-45.5%), from €4,675 to €2,548

    mainly Net result for the year (-€2,641) and Current investments (-€17)

  • Receivables within one year -€405

    down €405 (-3.7%), from €10,867 to €10,463

Equity and liabilities
  • Profit (loss) carried forward -€2,641

    down €2,641 (-44.6%), from -€5,924 to -€8,565

Income statement
  • Gross operating margin +€322

    up €322 (+15.0%), from -€2,152 to -€1,830

  • Other operating charges +€303

    up €303 (+65.9%), from €459 to €762

  • Financial charges -€32

    down €32 (-32.3%), from €99 to €67

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€2,693
Gross operating margin +€322
Other operating charges -€303
Financial income -€7
Financial charges +€32
Taxes +€7
Result 2025 -€2,641
raises the resultlowers the result

Derived cash bridge

cash 2024 to 2025

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.

From operations -€2,110
Investment -€17
Financing €0
Cash 2024 €4,675
Net result for the year -€2,641
Receivables within one year +€405
Trade debts +€127
Current investments -€17
Cash 2025 €2,548
brings cash intakes cash out
Every line side by side 26 lines
Line Code 2024 2025 Change %
Total assets 20/58 €19,536 €17,022 -€2,514 -12.9%
Current assets 29/58 €19,536 €17,022 -€2,514 -12.9%
Amounts receivable within one year 40/41 €10,867 €10,463 -€405 -3.7%
Other amounts receivable 41 €10,867 €10,463 -€405 -3.7%
Current investments 50/53 €3,994 €4,011 +€17 +0.4%
Cash at bank and in hand 54/58 €4,675 €2,548 -€2,127 -45.5%
Total equity and liabilities 10/49 €19,536 €17,022 -€2,514 -12.9%
Equity 10/15 €14,536 €11,895 -€2,641 -18.2%
Contributions 10/11 €20,460 €20,460 = 0.0%
Profit (loss) carried forward 14 -€5,924 -€8,565 -€2,641 -44.6%
Amounts payable 17/49 €5,000 €5,127 +€127 +2.5%
Amounts payable within one year 42/48 €5,000 €5,127 +€127 +2.5%
Trade debts 44 - €127 +€127
Suppliers 440/4 - €127 +€127
Other amounts payable 47/48 €5,000 €5,000 = 0.0%
Other operating charges 640/8 €459 €762 +€303 +65.9%
Gross operating margin 9900 -€2,152 -€1,830 +€322 +15.0%
Operating profit (loss) 9901 -€2,611 -€2,591 +€20 +0.8%
Financial income 75/76B €24 €17 -€7 -29.7%
Recurring financial income 75 €24 €17 -€7 -29.7%
Financial charges 65/66B €99 €67 -€32 -32.3%
Recurring financial charges 65 €99 €67 -€32 -32.3%
Profit (loss) for the period before taxes 9903 -€2,686 -€2,641 +€45 +1.7%
Income taxes 67/77 €7 - -€7
Profit (loss) for the period 9904 -€2,693 -€2,641 +€52 +1.9%
Profit (loss) for the period to be appropriated 9905 -€2,693 -€2,641 +€52 +1.9%

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.