MEKA.BE: 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.
MEKA.BE
Largest movements
- Receivables within one year +€275,188
up €275,188 (+14.0%), from €2.0m to €2.2m
of which Other amounts receivable: +€355,705
- Stocks and contracts +€192,528
up €192,528 (+21.1%), from €912,021 to €1.1m
- Cash -€73,768
down €73,768 (-62.6%), from €117,808 to €44,040
mainly Contributions, distributions and other (-€866,942) and Receivables within one year (-€275,188)
- Other debts +€866,942
new in 2025: €866,942
- Reserves -€300,000
down €300,000 (-13.7%), from €2.2m to €1.9m
- Short-term financial debts -€150,000
down €150,000 (-100%), from €150,000 to €0
- Trade debts -€95,591
down €95,591 (-12.6%), from €759,910 to €664,319
- Tax, wage and social debts +€59,305
up €59,305 (+115%), from €51,749 to €111,053
of which Taxes: +€45,751
- Gross operating margin +€406,405
up €406,405 (+35.9%), from €1.1m to €1.5m
- Staff costs +€123,013
up €123,013 (+20.0%), from €613,791 to €736,804
- Taxes +€66,763
up €66,763 (+50.9%), from €131,144 to €197,907
- Financial charges +€19,545
up €19,545, from -€7,806 to €11,739
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 | €3,300,038 | €3,681,831 | +€381,792 | +11.6% |
| Fixed assets | 21/28 | €190,963 | €172,511 | -€18,452 | -9.7% |
| Tangible fixed assets | 22/27 | €190,834 | €172,306 | -€18,529 | -9.7% |
| Plant, machinery and equipment | 23 | €53,139 | €38,987 | -€14,152 | -26.6% |
| Furniture and vehicles | 24 | €15,909 | €7,819 | -€8,091 | -50.9% |
| Leasing and similar rights | 25 | €84,688 | €93,061 | +€8,373 | +9.9% |
| Other tangible fixed assets | 26 | €37,099 | €32,439 | -€4,659 | -12.6% |
| Financial fixed assets | 28 | €129 | €206 | +€77 | +59.7% |
| Current assets | 29/58 | €3,109,075 | €3,509,319 | +€400,244 | +12.9% |
| Amounts receivable after more than one year | 29 | €104,374 | €105,097 | +€724 | +0.7% |
| Trade receivables | 290 | €0 | - | = | |
| Other amounts receivable | 291 | €104,374 | €105,097 | +€724 | +0.7% |
| Stocks and contracts in progress | 3 | €912,021 | €1,104,549 | +€192,528 | +21.1% |
| Stocks | 30/36 | €912,021 | €1,104,549 | +€192,528 | +21.1% |
| Amounts receivable within one year | 40/41 | €1,958,896 | €2,234,084 | +€275,188 | +14.0% |
| Trade receivables | 40 | €1,613,950 | €1,533,434 | -€80,517 | -5.0% |
| Other amounts receivable | 41 | €344,946 | €700,651 | +€355,705 | +103% |
| Cash at bank and in hand | 54/58 | €117,808 | €44,040 | -€73,768 | -62.6% |
| Deferred charges and accrued income | 490/1 | €15,977 | €21,548 | +€5,571 | +34.9% |
| Total equity and liabilities | 10/49 | €3,300,038 | €3,681,831 | +€381,792 | +11.6% |
| Equity | 10/15 | €2,211,517 | €1,911,517 | -€300,000 | -13.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,191,517 | €1,891,517 | -€300,000 | -13.7% |
| Distributable reserves | 133 | €2,191,517 | €1,891,517 | -€300,000 | -13.7% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €1,088,521 | €1,770,313 | +€681,792 | +62.6% |
| Amounts payable after more than one year | 17 | €88,891 | €86,241 | -€2,650 | -3.0% |
| Financial debts | 170/4 | €88,891 | €86,241 | -€2,650 | -3.0% |
| Amounts payable within one year | 42/48 | €999,630 | €1,684,072 | +€684,442 | +68.5% |
| Current portion of amounts payable after more than one year | 42 | €37,971 | €41,757 | +€3,787 | +10.0% |
| Financial debts | 43 | €150,000 | €0 | -€150,000 | -100% |
| Credit institutions | 430/8 | €150,000 | €0 | -€150,000 | -100% |
| Trade debts | 44 | €759,910 | €664,319 | -€95,591 | -12.6% |
| Suppliers | 440/4 | €759,910 | €664,319 | -€95,591 | -12.6% |
| Taxes, remuneration and social security | 45 | €51,749 | €111,053 | +€59,305 | +115% |
| Taxes | 450/3 | €2,157 | €47,907 | +€45,751 | +2,121% |
| Remuneration and social security | 454/9 | €49,592 | €63,146 | +€13,554 | +27.3% |
| Other amounts payable | 47/48 | - | €866,942 | +€866,942 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €613,791 | €736,804 | +€123,013 | +20.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,566 | €49,106 | -€460 | -0.9% |
| Other operating charges | 640/8 | €7,665 | €14,079 | +€6,414 | +83.7% |
| Gross operating margin | 9900 | €1,131,532 | €1,537,937 | +€406,405 | +35.9% |
| Operating profit (loss) | 9901 | €460,510 | €737,948 | +€277,438 | +60.2% |
| Financial income | 75/76B | €35,886 | €38,641 | +€2,755 | +7.7% |
| Recurring financial income | 75 | €35,886 | €38,641 | +€2,755 | +7.7% |
| Financial charges | 65/66B | -€7,806 | €11,739 | +€19,545 | |
| Recurring financial charges | 65 | -€7,806 | €11,739 | +€19,545 | |
| Profit (loss) for the period before taxes | 9903 | €504,202 | €764,850 | +€260,648 | +51.7% |
| Income taxes | 67/77 | €131,144 | €197,907 | +€66,763 | +50.9% |
| Profit (loss) for the period | 9904 | €373,058 | €566,942 | +€193,885 | +52.0% |
| Profit (loss) for the period to be appropriated | 9905 | €373,058 | €566,942 | +€193,885 | +52.0% |
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 17 October 2026 via checked.be.