MEKKE: 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.
MEKKE
Largest movements
- Receivables within one year +€31,494
up €31,494 (+244%), from €12,921 to €44,415
of which Trade receivables: +€18,867
- Stocks and contracts -€22,331
down €22,331 (-94.9%), from €23,533 to €1,202
- Tangible fixed assets -€11,706
down €11,706 (-80.2%), from €14,591 to €2,885
of which Furniture and vehicles: -€11,098
- Cash +€10,893
up €10,893 (+20.0%), from €54,402 to €65,295
mainly Stocks and contracts (+€22,331) and Advances received (+€19,999)
- Deferred charges and accrued income -€1,844
no longer reported in 2025 (was €1,844)
- Advances received +€19,999
new in 2025: €19,999
- Trade debts -€13,562
down €13,562 (-59.7%), from €22,709 to €9,146
- Debts after one year -€13,462
no longer reported in 2025 (was €13,462)
- Tax, wage and social debts +€7,018
up €7,018 (+38.4%), from €18,257 to €25,275
of which Remuneration and social security: +€6,626
- Current portion of long-term debt +€5,813
up €5,813 (+90.3%), from €6,434 to €12,247
- Gross operating margin +€20,471
up €20,471 (+20.0%), from €102,319 to €122,789
- Staff costs +€16,404
up €16,404 (+21.0%), from €78,182 to €94,586
- Other operating charges +€8,766
up €8,766 (+1,069%), from €820 to €9,586
- Financial charges +€3,207
up €3,207 (+265%), from €1,210 to €4,417
- Taxes -€1,568
down €1,568 (-46.6%), from €3,363 to €1,795
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 | €110,655 | €116,856 | +€6,201 | +5.6% |
| Formation expenses | 20 | €1,219 | €914 | -€305 | -25.0% |
| Fixed assets | 21/28 | €16,736 | €5,030 | -€11,706 | -69.9% |
| Tangible fixed assets | 22/27 | €14,591 | €2,885 | -€11,706 | -80.2% |
| Plant, machinery and equipment | 23 | €1,165 | €918 | -€247 | -21.2% |
| Furniture and vehicles | 24 | €11,749 | €650 | -€11,098 | -94.5% |
| Other tangible fixed assets | 26 | €1,677 | €1,317 | -€360 | -21.5% |
| Financial fixed assets | 28 | €2,145 | €2,145 | = | 0.0% |
| Current assets | 29/58 | €92,700 | €110,912 | +€18,212 | +19.6% |
| Stocks and contracts in progress | 3 | €23,533 | €1,202 | -€22,331 | -94.9% |
| Stocks | 30/36 | €23,533 | €1,202 | -€22,331 | -94.9% |
| Amounts receivable within one year | 40/41 | €12,921 | €44,415 | +€31,494 | +244% |
| Trade receivables | 40 | - | €18,867 | +€18,867 | |
| Other amounts receivable | 41 | €12,921 | €25,548 | +€12,627 | +97.7% |
| Cash at bank and in hand | 54/58 | €54,402 | €65,295 | +€10,893 | +20.0% |
| Deferred charges and accrued income | 490/1 | €1,844 | - | -€1,844 | |
| Total equity and liabilities | 10/49 | €110,655 | €116,856 | +€6,201 | +5.6% |
| Equity | 10/15 | €49,794 | €50,188 | +€395 | +0.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,342 | €29,737 | +€395 | +1.3% |
| Amounts payable | 17/49 | €60,861 | €66,667 | +€5,806 | +9.5% |
| Amounts payable after more than one year | 17 | €13,462 | - | -€13,462 | |
| Financial debts | 170/4 | €13,462 | - | -€13,462 | |
| Amounts payable within one year | 42/48 | €47,399 | €66,667 | +€19,268 | +40.7% |
| Current portion of amounts payable after more than one year | 42 | €6,434 | €12,247 | +€5,813 | +90.3% |
| Trade debts | 44 | €22,709 | €9,146 | -€13,562 | -59.7% |
| Suppliers | 440/4 | €22,709 | €9,146 | -€13,562 | -59.7% |
| Advances received on contracts in progress | 46 | - | €19,999 | +€19,999 | |
| Taxes, remuneration and social security | 45 | €18,257 | €25,275 | +€7,018 | +38.4% |
| Taxes | 450/3 | €2,380 | €2,772 | +€392 | +16.5% |
| Remuneration and social security | 454/9 | €15,876 | €22,502 | +€6,626 | +41.7% |
| Remuneration, social security and pensions | 62 | €78,182 | €94,586 | +€16,404 | +21.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,598 | €12,011 | +€412 | +3.6% |
| Other operating charges | 640/8 | €820 | €9,586 | +€8,766 | +1,069% |
| Gross operating margin | 9900 | €102,319 | €122,789 | +€20,471 | +20.0% |
| Operating profit (loss) | 9901 | €11,718 | €6,607 | -€5,112 | -43.6% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,210 | €4,417 | +€3,207 | +265% |
| Recurring financial charges | 65 | €1,210 | €4,417 | +€3,207 | +265% |
| Profit (loss) for the period before taxes | 9903 | €10,508 | €2,189 | -€8,319 | -79.2% |
| Income taxes | 67/77 | €3,363 | €1,795 | -€1,568 | -46.6% |
| Profit (loss) for the period | 9904 | €7,145 | €395 | -€6,750 | -94.5% |
| Profit (loss) for the period to be appropriated | 9905 | €7,145 | €395 | -€6,750 | -94.5% |
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 15 October 2026 via checked.be.