Mekanders: 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.
What changed
Mekanders
NACE 88.999, Other social work without accommodation
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€609,540
2024 · €518,904+€90,635
Equity
€11.2m
2024 · €10.6m+€630,459
Cash
€6.1m
2024 · €863,957+€5.3m
Balance sheet total
€14.5m
2024 · €14.0m+€491,395
Largest movements
Assets
- Current investments -€5.4m
down €5.4m (-100.0%), from €5.4m to €0
- Cash +€5.3m
up €5.3m (+610.2%), from €863,957 to €6.1m
mainly Current investments (+€5.4m) and Net result for the year (+€609,540)
- Tangible fixed assets +€357,566
up €357,566 (+5.1%), from €7.0m to €7.4m
of which Assets under construction and advance payments: +€738,750
- Receivables within one year +€214,364
up €214,364 (+39.6%), from €540,986 to €755,350
of which Other amounts receivable: +€220,585
Equity and liabilities
- Profit (loss) carried forward +€609,540
up €609,540 (+8.8%), from €6.9m to €7.5m
Income statement
- Turnover -€10.1m
down €10.1m (-85.0%), from €11.8m to €1.8m
- Staff costs +€624,265
up €624,265 (+5.9%), from €10.6m to €11.2m
- Financial income +€207,874
up €207,874 (+107.1%), from €194,026 to €401,900
of which Financial income: +€145,622
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.
Result 2024
€518,904
Turnover
-€10.1m
Other operating income
+€31,661
Goods and materials
-€1,138
Services and other goods
-€88,047
Staff costs
-€624,265
Depreciation
-€27,097
Write-downs
+€2,356
Other operating charges
+€31,478
Other operating items
+€10.6m
Financial income
+€207,874
Financial charges
+€4,348
Result 2025
€609,540
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.
From operations
+€924,709
Investment
+€4.4m
Financing
-€83,299
Cash 2024
€863,957
From operations (derived)
+€924,709
Net result for the year
+€609,540
Depreciation
+€572,843
Smaller working-capital items
-€8,464
Receivables within one year
-€214,364
Provisions
-€112,869
Debts within one year
+€51,040
Accrued charges and deferred income
+€26,983
Investment (derived)
+€4.4m
Investment in fixed assets (net)
-€934,159
Current investments
+€5.4m
Financing
-€83,299
Debts after one year
-€104,218
Contributions, distributions and other
+€20,919
Cash 2025
€6.1m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €14,002,049 | €14,493,444 | +€491,395 | +3.5% |
| Fixed assets | 21/28 | €7,043,810 | €7,405,126 | +€361,316 | +5.1% |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | €7,040,810 | €7,398,376 | +€357,566 | +5.1% |
| Land and buildings | 22 | €5,624,685 | €5,328,416 | -€296,269 | -5.3% |
| Plant, machinery and equipment | 23 | €858,647 | €792,154 | -€66,493 | -7.7% |
| Furniture and vehicles | 24 | €373,594 | €366,665 | -€6,929 | -1.9% |
| Other tangible fixed assets | 26 | €183,884 | €172,391 | -€11,493 | -6.3% |
| Assets under construction and advance payments | 27 | €0 | €738,750 | +€738,750 | |
| Financial fixed assets | 28 | €3,000 | €6,750 | +€3,750 | +125.0% |
| Other financial fixed assets | 284/8 | €3,000 | €6,750 | +€3,750 | +125.0% |
| Amounts receivable and cash guarantees | 285/8 | €3,000 | €6,750 | +€3,750 | +125.0% |
| Current assets | 29/58 | €6,958,240 | €7,088,318 | +€130,078 | +1.9% |
| Amounts receivable after more than one year | 29 | €157,567 | €167,872 | +€10,306 | +6.5% |
| Trade receivables | 290 | - | €0 | = | |
| Other amounts receivable | 291 | €157,567 | €167,872 | +€10,306 | +6.5% |
| Stocks and contracts in progress | 3 | - | €0 | = | |
| Stocks | 30/36 | - | €0 | = | |
| Raw materials and consumables | 30/31 | - | €0 | = | |
| Work in progress | 32 | - | €0 | = | |
| Finished goods | 33 | - | €0 | = | |
| Goods purchased for resale | 34 | - | €0 | = | |
| Property held for sale | 35 | - | €0 | = | |
| Advance payments | 36 | - | €0 | = | |
| Contracts in progress | 37 | - | €0 | = | |
| Amounts receivable within one year | 40/41 | €540,986 | €755,350 | +€214,364 | +39.6% |
| Trade receivables | 40 | €204,928 | €198,706 | -€6,221 | -3.0% |
| Other amounts receivable | 41 | €336,058 | €556,643 | +€220,585 | +65.6% |
| Current investments | 50/53 | €5,364,549 | €0 | -€5.4m | -100.0% |
| Cash at bank and in hand | 54/58 | €863,957 | €6,135,757 | +€5.3m | +610.2% |
| Deferred charges and accrued income | 490/1 | €31,181 | €29,339 | -€1,841 | -5.9% |
| Total equity and liabilities | 10/49 | €14,002,049 | €14,493,444 | +€491,395 | +3.5% |
| Equity | 10/15 | €10,577,893 | €11,208,352 | +€630,459 | +6.0% |
| Contributions | 10/11 | €58,561 | €58,561 | = | 0.0% |
| Capital | 10 | €58,561 | €58,561 | = | 0.0% |
| Revaluation surpluses | 12 | - | €0 | = | |
| Reserves | 13 | - | €0 | = | |
| Profit (loss) carried forward | 14 | €6,900,209 | €7,509,749 | +€609,540 | +8.8% |
| Investment grants | 15 | €3,619,122 | €3,640,041 | +€20,919 | +0.6% |
| Provisions and deferred taxes | 16 | €516,012 | €403,144 | -€112,869 | -21.9% |
| Provisions for liabilities and charges | 160/5 | €516,012 | €403,144 | -€112,869 | -21.9% |
| Pensions and similar obligations | 160 | €310,987 | €207,325 | -€103,662 | -33.3% |
| Taxes | 161 | - | €0 | = | |
| Major repairs and maintenance | 162 | €181,025 | €171,833 | -€9,192 | -5.1% |
| Environmental obligations | 163 | - | €0 | = | |
| Other liabilities and charges | 164/5 | €24,000 | €23,986 | -€14 | -0.1% |
| Deferred taxes | 168 | - | €0 | = | |
| Amounts payable | 17/49 | €2,908,144 | €2,881,949 | -€26,196 | -0.9% |
| Amounts payable after more than one year | 17 | €871,603 | €767,384 | -€104,218 | -12.0% |
| Financial debts | 170/4 | €871,603 | €767,384 | -€104,218 | -12.0% |
| Subordinated loans | 170 | - | €0 | = | |
| Unsubordinated bonds | 171 | - | €0 | = | |
| Leasing and similar obligations | 172 | - | €0 | = | |
| Credit institutions | 173 | €871,603 | €767,384 | -€104,218 | -12.0% |
| Other loans | 174 | - | €0 | = | |
| Trade debts | 175 | - | €0 | = | |
| Suppliers | 1750 | - | €0 | = | |
| Bills of exchange payable | 1751 | - | €0 | = | |
| Advances received on contracts in progress | 176 | - | €0 | = | |
| Other amounts payable | 178/9 | - | €0 | = | |
| Amounts payable within one year | 42/48 | €1,971,980 | €2,023,020 | +€51,040 | +2.6% |
| Current portion of amounts payable after more than one year | 42 | €101,951 | €104,218 | +€2,268 | +2.2% |
| Financial debts | 43 | - | €0 | = | |
| Credit institutions | 430/8 | - | €0 | = | |
| Other loans | 439 | - | €0 | = | |
| Trade debts | 44 | €92,248 | €99,032 | +€6,784 | +7.4% |
| Suppliers | 440/4 | €92,248 | €99,032 | +€6,784 | +7.4% |
| Bills of exchange payable | 441 | - | €0 | = | |
| Advances received on contracts in progress | 46 | - | €0 | = | |
| Taxes, remuneration and social security | 45 | €1,777,781 | €1,805,370 | +€27,589 | +1.6% |
| Taxes | 450/3 | €348,564 | €347,407 | -€1,157 | -0.3% |
| Remuneration and social security | 454/9 | €1,429,217 | €1,457,963 | +€28,746 | +2.0% |
| Accrued charges and deferred income | 492/3 | €64,562 | €91,545 | +€26,983 | +41.8% |
| Operating income | 70/76A | €13,501,189 | €13,896,468 | +€395,279 | +2.9% |
| Turnover | 70 | €11,840,608 | €1,779,637 | -€10.1m | -85.0% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | - | €0 | = | |
| Own construction capitalised | 72 | - | €0 | = | |
| Other operating income | 74 | €402,177 | €433,838 | +€31,661 | +7.9% |
| Non-recurring operating income | 76A | €381,509 | €400 | -€381,109 | -99.9% |
| Operating charges | 60/66A | €13,146,620 | €13,663,486 | +€516,865 | +3.9% |
| Goods for resale, raw materials and consumables | 60 | €527,652 | €528,790 | +€1,138 | +0.2% |
| Purchases | 600/8 | €527,652 | €528,790 | +€1,138 | +0.2% |
| Change in stocks: decrease (increase) | 609 | - | €0 | = | |
| Services and other goods | 61 | €1,311,644 | €1,399,691 | +€88,047 | +6.7% |
| Remuneration, social security and pensions | 62 | €10,557,699 | €11,181,965 | +€624,265 | +5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €545,746 | €572,843 | +€27,097 | +5.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,256 | -€100 | -€2,356 | |
| Other operating charges | 640/8 | €124,623 | €93,145 | -€31,478 | -25.3% |
| Non-recurring operating charges | 66A | - | €0 | = | |
| Operating profit (loss) | 9901 | €354,568 | €232,982 | -€121,586 | -34.3% |
| Financial income | 75/76B | €194,026 | €401,900 | +€207,874 | +107.1% |
| Recurring financial income | 75 | €194,026 | €339,648 | +€145,622 | +75.1% |
| Income from financial fixed assets | 750 | - | €0 | = | |
| Income from current assets | 751 | €191,390 | €131,751 | -€59,639 | -31.2% |
| Other financial income | 752/9 | €2,636 | €207,897 | +€205,261 | +7785.9% |
| Non-recurring financial income | 76B | €0 | €62,252 | +€62,252 | |
| Financial charges | 65/66B | €29,690 | €25,342 | -€4,348 | -14.6% |
| Recurring financial charges | 65 | €29,690 | €25,342 | -€4,348 | -14.6% |
| Debt charges | 650 | €25,104 | €19,577 | -€5,526 | -22.0% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | - | €0 | = | |
| Other financial charges | 652/9 | €4,586 | €5,765 | +€1,179 | +25.7% |
| Non-recurring financial charges | 66B | - | €0 | = | |
| Profit (loss) for the period before taxes | 9903 | €518,904 | €609,540 | +€90,635 | +17.5% |
| Profit (loss) for the period | 9904 | €518,904 | €609,540 | +€90,635 | +17.5% |
| Profit (loss) for the period to be appropriated | 9905 | €518,904 | €609,540 | +€90,635 | +17.5% |
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.