Mephico: 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.
Mephico
Largest movements
- Tangible fixed assets -€7,995
down €7,995 (-78.4%), from €10,193 to €2,198
of which Furniture and vehicles: -€7,500
- Receivables within one year +€7,050
up €7,050 (+5.5%), from €127,101 to €134,150
of which Other amounts receivable: +€14,125
- Short-term financial debts +€8,400
up €8,400 (+129.1%), from €6,505 to €14,905
- Trade debts -€6,195
down €6,195 (-39.6%), from €15,663 to €9,468
- Tax, wage and social debts -€3,349
down €3,349 (-30.2%), from €11,090 to €7,741
- Gross operating margin -€11,777
down €11,777 (-50.3%), from €23,402 to €11,626
- Taxes -€4,195
down €4,195 (-70.3%), from €5,968 to €1,773
- Financial charges -€341
down €341 (-28.2%), from €1,207 to €866
- Depreciation +€313
up €313 (+4.1%), from €7,682 to €7,995
- Other operating charges +€261
up €261 (+7.4%), from €3,507 to €3,768
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €144,213 | €143,465 | -€748 | -0.5% |
| Fixed assets | 21/28 | €13,453 | €5,458 | -€7,995 | -59.4% |
| Tangible fixed assets | 22/27 | €10,193 | €2,198 | -€7,995 | -78.4% |
| Plant, machinery and equipment | 23 | €1,662 | €1,167 | -€495 | -29.8% |
| Furniture and vehicles | 24 | €8,531 | €1,031 | -€7,500 | -87.9% |
| Financial fixed assets | 28 | €3,260 | €3,260 | = | 0.0% |
| Current assets | 29/58 | €130,760 | €138,007 | +€7,247 | +5.5% |
| Amounts receivable within one year | 40/41 | €127,101 | €134,150 | +€7,050 | +5.5% |
| Trade receivables | 40 | €27,829 | €20,754 | -€7,075 | -25.4% |
| Other amounts receivable | 41 | €99,271 | €113,396 | +€14,125 | +14.2% |
| Deferred charges and accrued income | 490/1 | €3,659 | €3,857 | +€197 | +5.4% |
| Total equity and liabilities | 10/49 | €144,213 | €143,465 | -€748 | -0.5% |
| Equity | 10/15 | €110,955 | €111,350 | +€395 | +0.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €92,355 | €92,355 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €90,495 | €90,495 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €395 | +€395 | |
| Amounts payable | 17/49 | €33,258 | €32,115 | -€1,143 | -3.4% |
| Amounts payable within one year | 42/48 | €33,258 | €32,115 | -€1,143 | -3.4% |
| Financial debts | 43 | €6,505 | €14,905 | +€8,400 | +129.1% |
| Credit institutions | 430/8 | €6,505 | €14,905 | +€8,400 | +129.1% |
| Trade debts | 44 | €15,663 | €9,468 | -€6,195 | -39.6% |
| Suppliers | 440/4 | €15,663 | €9,468 | -€6,195 | -39.6% |
| Taxes, remuneration and social security | 45 | €11,090 | €7,741 | -€3,349 | -30.2% |
| Taxes | 450/3 | €11,090 | €7,741 | -€3,349 | -30.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,682 | €7,995 | +€313 | +4.1% |
| Other operating charges | 640/8 | €3,507 | €3,768 | +€261 | +7.4% |
| Gross operating margin | 9900 | €23,402 | €11,626 | -€11,777 | -50.3% |
| Operating profit (loss) | 9901 | €12,214 | -€137 | -€12,350 | |
| Financial income | 75/76B | €3,120 | €3,172 | +€51 | +1.6% |
| Recurring financial income | 75 | €3,120 | €3,172 | +€51 | +1.6% |
| Financial charges | 65/66B | €1,207 | €866 | -€341 | -28.2% |
| Recurring financial charges | 65 | €1,207 | €866 | -€341 | -28.2% |
| Profit (loss) for the period before taxes | 9903 | €14,127 | €2,169 | -€11,958 | -84.6% |
| Income taxes | 67/77 | €5,968 | €1,773 | -€4,195 | -70.3% |
| Profit (loss) for the period | 9904 | €8,159 | €395 | -€7,764 | -95.2% |
| Profit (loss) for the period to be appropriated | 9905 | €8,159 | €395 | -€7,764 | -95.2% |
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 9 October 2026 via checked.be.