MEKAN: 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.
MEKAN
Largest movements
- Stocks and contracts +€4,590
up €4,590 (+20.4%), from €22,468 to €27,058
- Cash +€1,856
up €1,856 (+25.7%), from €7,234 to €9,089
mainly Net result for the year (+€20,845) and Depreciation (+€4,926)
- Profit (loss) carried forward +€20,845
up €20,845, from -€7,000 to €13,845
- Trade debts -€16,577
down €16,577 (-71.7%), from €23,118 to €6,541
- Tax, wage and social debts +€3,852
up €3,852 (+41.9%), from €9,188 to €13,040
of which Taxes: +€4,889
- Other debts -€2,096
down €2,096 (-24.2%), from €8,674 to €6,578
- Gross operating margin +€56,333
up €56,333 (+205%), from €27,424 to €83,757
- Staff costs +€22,238
up €22,238 (+69.8%), from €31,874 to €54,112
- Taxes +€3,595
new in 2025: €3,595
- Depreciation +€3,434
up €3,434 (+230%), from €1,492 to €4,926
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 | €49,315 | €55,004 | +€5,689 | +11.5% |
| Formation expenses | 20 | €1,142 | €685 | -€457 | -40.0% |
| Fixed assets | 21/28 | €17,554 | €18,086 | +€532 | +3.0% |
| Tangible fixed assets | 22/27 | €17,554 | €18,086 | +€532 | +3.0% |
| Plant, machinery and equipment | 23 | €13,792 | €9,962 | -€3,830 | -27.8% |
| Leasing and similar rights | 25 | €3,761 | €8,124 | +€4,362 | +116% |
| Current assets | 29/58 | €30,620 | €36,234 | +€5,614 | +18.3% |
| Stocks and contracts in progress | 3 | €22,468 | €27,058 | +€4,590 | +20.4% |
| Stocks | 30/36 | €22,468 | €27,058 | +€4,590 | +20.4% |
| Amounts receivable within one year | 40/41 | €393 | - | -€393 | |
| Other amounts receivable | 41 | €393 | - | -€393 | |
| Cash at bank and in hand | 54/58 | €7,234 | €9,089 | +€1,856 | +25.7% |
| Deferred charges and accrued income | 490/1 | €525 | €86 | -€439 | -83.6% |
| Total equity and liabilities | 10/49 | €49,315 | €55,004 | +€5,689 | +11.5% |
| Equity | 10/15 | €8,000 | €28,845 | +€20,845 | +261% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,000 | €13,845 | +€20,845 | |
| Amounts payable | 17/49 | €41,315 | €26,159 | -€15,156 | -36.7% |
| Amounts payable within one year | 42/48 | €41,315 | €26,159 | -€15,156 | -36.7% |
| Trade debts | 44 | €23,118 | €6,541 | -€16,577 | -71.7% |
| Suppliers | 440/4 | €23,118 | €6,541 | -€16,577 | -71.7% |
| Advances received on contracts in progress | 46 | €335 | - | -€335 | |
| Taxes, remuneration and social security | 45 | €9,188 | €13,040 | +€3,852 | +41.9% |
| Taxes | 450/3 | €662 | €5,551 | +€4,889 | +739% |
| Remuneration and social security | 454/9 | €8,527 | €7,489 | -€1,037 | -12.2% |
| Other amounts payable | 47/48 | €8,674 | €6,578 | -€2,096 | -24.2% |
| Remuneration, social security and pensions | 62 | €31,874 | €54,112 | +€22,238 | +69.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,492 | €4,926 | +€3,434 | +230% |
| Other operating charges | 640/8 | €537 | - | -€537 | |
| Gross operating margin | 9900 | €27,424 | €83,757 | +€56,333 | +205% |
| Operating profit (loss) | 9901 | -€6,479 | €24,719 | +€31,198 | |
| Financial income | 75/76B | €173 | €43 | -€130 | -75.2% |
| Recurring financial income | 75 | €173 | €43 | -€130 | -75.2% |
| Financial charges | 65/66B | €694 | €322 | -€373 | -53.7% |
| Recurring financial charges | 65 | €694 | €322 | -€373 | -53.7% |
| Profit (loss) for the period before taxes | 9903 | -€7,000 | €24,440 | +€31,441 | |
| Income taxes | 67/77 | - | €3,595 | +€3,595 | |
| Profit (loss) for the period | 9904 | -€7,000 | €20,845 | +€27,845 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,000 | €20,845 | +€27,845 |
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 18 October 2026 via checked.be.