MEKATRA: 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.
MEKATRA
Largest movements
- Cash -€25,090
down €25,090 (-15.4%), from €163,132 to €138,042
mainly Receivables within one year (-€17,212) and Receivables after one year (-€14,500)
- Receivables within one year +€17,212
up €17,212 (+15.0%), from €114,555 to €131,767
of which Trade receivables: +€12,217
- Receivables after one year +€14,500
up €14,500 (+12.6%), from €115,000 to €129,500
- Tangible fixed assets -€14,344
down €14,344 (-30.6%), from €46,879 to €32,535
of which Furniture and vehicles: -€7,836
- Deferred charges and accrued income +€11,313
up €11,313 (+36.3%), from €31,169 to €42,483
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin -€38,069
down €38,069 (-76.9%), from €49,530 to €11,461
- Depreciation -€17,083
down €17,083 (-54.4%), from €31,427 to €14,344
- Taxes -€4,142
down €4,142 (-63.5%), from €6,528 to €2,386
- Financial income +€3,786
up €3,786 (+73.8%), from €5,127 to €8,913
- Financial charges -€603
down €603 (-33.4%), from €1,806 to €1,203
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €470,735 | €474,326 | +€3,592 | +0.8% |
| Fixed assets | 21/28 | €46,879 | €32,535 | -€14,344 | -30.6% |
| Tangible fixed assets | 22/27 | €46,879 | €32,535 | -€14,344 | -30.6% |
| Land and buildings | 22 | €16,476 | €14,230 | -€2,247 | -13.6% |
| Plant, machinery and equipment | 23 | €429 | €61 | -€368 | -85.7% |
| Furniture and vehicles | 24 | €17,585 | €9,749 | -€7,836 | -44.6% |
| Other tangible fixed assets | 26 | €12,388 | €8,494 | -€3,894 | -31.4% |
| Current assets | 29/58 | €423,856 | €441,792 | +€17,936 | +4.2% |
| Amounts receivable after more than one year | 29 | €115,000 | €129,500 | +€14,500 | +12.6% |
| Trade receivables | 290 | €115,000 | €129,500 | +€14,500 | +12.6% |
| Amounts receivable within one year | 40/41 | €114,555 | €131,767 | +€17,212 | +15.0% |
| Trade receivables | 40 | €82,831 | €95,048 | +€12,217 | +14.7% |
| Other amounts receivable | 41 | €31,724 | €36,719 | +€4,995 | +15.7% |
| Cash at bank and in hand | 54/58 | €163,132 | €138,042 | -€25,090 | -15.4% |
| Deferred charges and accrued income | 490/1 | €31,169 | €42,483 | +€11,313 | +36.3% |
| Total equity and liabilities | 10/49 | €470,735 | €474,326 | +€3,592 | +0.8% |
| Equity | 10/15 | €417,198 | €417,614 | +€416 | +0.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €398,598 | €399,014 | +€416 | +0.1% |
| Distributable reserves | 133 | €398,598 | €399,014 | +€416 | +0.1% |
| Amounts payable | 17/49 | €53,537 | €56,712 | +€3,176 | +5.9% |
| Amounts payable within one year | 42/48 | €51,537 | €54,407 | +€2,871 | +5.6% |
| Trade debts | 44 | €47,108 | €48,363 | +€1,255 | +2.7% |
| Suppliers | 440/4 | €47,108 | €48,363 | +€1,255 | +2.7% |
| Taxes, remuneration and social security | 45 | €4,429 | €5,624 | +€1,195 | +27.0% |
| Taxes | 450/3 | €1,115 | €2,289 | +€1,174 | +105.3% |
| Remuneration and social security | 454/9 | €3,314 | €3,335 | +€21 | +0.6% |
| Other amounts payable | 47/48 | - | €420 | +€420 | |
| Accrued charges and deferred income | 492/3 | €2,000 | €2,305 | +€305 | +15.3% |
| Non-recurring operating income | 76A | €1,970 | €0 | -€1,970 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,427 | €14,344 | -€17,083 | -54.4% |
| Other operating charges | 640/8 | €2,016 | €2,025 | +€9 | +0.4% |
| Non-recurring operating charges | 66A | €1,730 | €0 | -€1,730 | -100.0% |
| Gross operating margin | 9900 | €49,530 | €11,461 | -€38,069 | -76.9% |
| Operating profit (loss) | 9901 | €14,356 | -€4,909 | -€19,265 | |
| Financial income | 75/76B | €5,127 | €8,913 | +€3,786 | +73.8% |
| Recurring financial income | 75 | €5,127 | €8,913 | +€3,786 | +73.8% |
| Financial charges | 65/66B | €1,806 | €1,203 | -€603 | -33.4% |
| Recurring financial charges | 65 | €1,806 | €1,203 | -€603 | -33.4% |
| Profit (loss) for the period before taxes | 9903 | €17,678 | €2,802 | -€14,876 | -84.2% |
| Income taxes | 67/77 | €6,528 | €2,386 | -€4,142 | -63.5% |
| Profit (loss) for the period | 9904 | €11,150 | €416 | -€10,734 | -96.3% |
| Profit (loss) for the period to be appropriated | 9905 | €11,150 | €416 | -€10,734 | -96.3% |
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 7 October 2026 via checked.be.