MES TRANS: 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.
MES TRANS
Largest movements
- Receivables within one year +€27,253
up €27,253 (+89.6%), from €30,409 to €57,662
of which Trade receivables: +€30,616
- Tangible fixed assets +€8,745
up €8,745 (+69.0%), from €12,674 to €21,419
- Debts after one year +€24,860
new in 2025: €24,860
- Profit (loss) carried forward +€9,303
up €9,303 (+134.1%), from €6,937 to €16,240
- Tax, wage and social debts +€8,937
up €8,937 (+129.7%), from €6,888 to €15,825
of which Taxes: +€6,833
- Other debts -€6,336
no longer reported in 2025 (was €6,336)
- Depreciation -€10,973
down €10,973 (-63.7%), from €17,228 to €6,255
- Other operating charges -€8,143
down €8,143 (-50.1%), from €16,269 to €8,126
- Taxes +€7,013
new in 2025: €7,013
- Gross operating margin +€3,226
up €3,226 (+3.3%), from €97,360 to €100,586
- Staff costs -€1,202
down €1,202 (-1.8%), from €68,445 to €67,243
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 | €64,252 | €101,073 | +€36,822 | +57.3% |
| Fixed assets | 21/28 | €26,809 | €35,554 | +€8,745 | +32.6% |
| Tangible fixed assets | 22/27 | €12,674 | €21,419 | +€8,745 | +69.0% |
| Furniture and vehicles | 24 | €12,674 | €21,419 | +€8,745 | +69.0% |
| Financial fixed assets | 28 | €14,135 | €14,135 | = | 0.0% |
| Current assets | 29/58 | €37,443 | €65,519 | +€28,076 | +75.0% |
| Amounts receivable within one year | 40/41 | €30,409 | €57,662 | +€27,253 | +89.6% |
| Trade receivables | 40 | €13,353 | €43,969 | +€30,616 | +229.3% |
| Other amounts receivable | 41 | €17,057 | €13,693 | -€3,363 | -19.7% |
| Cash at bank and in hand | 54/58 | €7,033 | €7,857 | +€823 | +11.7% |
| Total equity and liabilities | 10/49 | €64,252 | €101,073 | +€36,822 | +57.3% |
| Equity | 10/15 | €24,437 | €33,740 | +€9,303 | +38.1% |
| Contributions | 10/11 | €17,500 | €17,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,937 | €16,240 | +€9,303 | +134.1% |
| Amounts payable | 17/49 | €39,815 | €67,333 | +€27,519 | +69.1% |
| Amounts payable after more than one year | 17 | - | €24,860 | +€24,860 | |
| Financial debts | 170/4 | - | €24,860 | +€24,860 | |
| Amounts payable within one year | 42/48 | €39,815 | €42,473 | +€2,658 | +6.7% |
| Current portion of amounts payable after more than one year | 42 | €19,401 | €19,423 | +€22 | +0.1% |
| Trade debts | 44 | €7,190 | €7,226 | +€35 | +0.5% |
| Suppliers | 440/4 | €7,190 | €7,226 | +€35 | +0.5% |
| Taxes, remuneration and social security | 45 | €6,888 | €15,825 | +€8,937 | +129.7% |
| Taxes | 450/3 | €2,646 | €9,479 | +€6,833 | +258.2% |
| Remuneration and social security | 454/9 | €4,242 | €6,346 | +€2,104 | +49.6% |
| Other amounts payable | 47/48 | €6,336 | - | -€6,336 | |
| Remuneration, social security and pensions | 62 | €68,445 | €67,243 | -€1,202 | -1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,228 | €6,255 | -€10,973 | -63.7% |
| Other operating charges | 640/8 | €16,269 | €8,126 | -€8,143 | -50.1% |
| Non-recurring operating charges | 66A | €41 | €25 | -€16 | -37.9% |
| Gross operating margin | 9900 | €97,360 | €100,586 | +€3,226 | +3.3% |
| Operating profit (loss) | 9901 | -€4,623 | €18,937 | +€23,560 | |
| Financial charges | 65/66B | €2,528 | €2,621 | +€92 | +3.7% |
| Recurring financial charges | 65 | €2,528 | €2,621 | +€92 | +3.7% |
| Profit (loss) for the period before taxes | 9903 | -€7,151 | €16,316 | +€23,467 | |
| Income taxes | 67/77 | - | €7,013 | +€7,013 | |
| Profit (loss) for the period | 9904 | -€7,151 | €9,303 | +€16,454 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,151 | €9,303 | +€16,454 |
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 2 October 2026 via checked.be.