MESA INVEST: 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.
MESA INVEST
Largest movements
- Receivables within one year +€105,545
up €105,545 (+2,369%), from €4,455 to €110,000
of which Other amounts receivable: +€108,500
- Tangible fixed assets +€2,409
up €2,409 (+9.1%), from €26,515 to €28,923
of which Other tangible fixed assets: +€6,278
- Profit (loss) carried forward +€81,507
up €81,507 (+274%), from €29,772 to €111,280
- Trade debts +€18,110
up €18,110 (+674%), from €2,687 to €20,797
of which Suppliers: +€18,660
- Tax, wage and social debts +€7,311
up €7,311 (+22.8%), from €32,043 to €39,354
of which Taxes: +€9,094
- Gross operating margin +€34,600
up €34,600 (+35.8%), from €96,771 to €131,371
- Taxes +€11,762
up €11,762 (+63.9%), from €18,395 to €30,156
- Financial charges +€5,844
up €5,844 (+503%), from €1,162 to €7,006
- Depreciation +€3,712
up €3,712 (+40.6%), from €9,149 to €12,860
- Financial income +€3,135
new in 2025: €3,135
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 | €67,003 | €173,931 | +€106,928 | +160% |
| Fixed assets | 21/28 | €26,515 | €29,052 | +€2,537 | +9.6% |
| Tangible fixed assets | 22/27 | €26,515 | €28,923 | +€2,409 | +9.1% |
| Furniture and vehicles | 24 | €3,701 | €5,948 | +€2,247 | +60.7% |
| Leasing and similar rights | 25 | €7,526 | €1,410 | -€6,116 | -81.3% |
| Other tangible fixed assets | 26 | €15,287 | €21,565 | +€6,278 | +41.1% |
| Financial fixed assets | 28 | - | €129 | +€129 | |
| Current assets | 29/58 | €40,488 | €144,879 | +€104,391 | +258% |
| Amounts receivable within one year | 40/41 | €4,455 | €110,000 | +€105,545 | +2,369% |
| Trade receivables | 40 | €2,955 | - | -€2,955 | |
| Other amounts receivable | 41 | €1,500 | €110,000 | +€108,500 | +7,233% |
| Cash at bank and in hand | 54/58 | €35,921 | €34,779 | -€1,142 | -3.2% |
| Deferred charges and accrued income | 490/1 | €113 | €101 | -€13 | -11.2% |
| Total equity and liabilities | 10/49 | €67,003 | €173,931 | +€106,928 | +160% |
| Equity | 10/15 | €32,272 | €113,780 | +€81,507 | +253% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,772 | €111,280 | +€81,507 | +274% |
| Amounts payable | 17/49 | €34,730 | €60,151 | +€25,421 | +73.2% |
| Amounts payable within one year | 42/48 | €34,730 | €60,151 | +€25,421 | +73.2% |
| Trade debts | 44 | €2,687 | €20,797 | +€18,110 | +674% |
| Suppliers | 440/4 | €2,137 | €20,797 | +€18,660 | +873% |
| Bills of exchange payable | 441 | €550 | - | -€550 | |
| Taxes, remuneration and social security | 45 | €32,043 | €39,354 | +€7,311 | +22.8% |
| Taxes | 450/3 | €29,643 | €38,737 | +€9,094 | +30.7% |
| Remuneration and social security | 454/9 | €2,400 | €617 | -€1,783 | -74.3% |
| Remuneration, social security and pensions | 62 | - | €1,927 | +€1,927 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,149 | €12,860 | +€3,712 | +40.6% |
| Other operating charges | 640/8 | €1,385 | €1,048 | -€337 | -24.3% |
| Gross operating margin | 9900 | €96,771 | €131,371 | +€34,600 | +35.8% |
| Operating profit (loss) | 9901 | €86,237 | €115,535 | +€29,298 | +34.0% |
| Financial income | 75/76B | - | €3,135 | +€3,135 | |
| Recurring financial income | 75 | - | €3,135 | +€3,135 | |
| Financial charges | 65/66B | €1,162 | €7,006 | +€5,844 | +503% |
| Recurring financial charges | 65 | €1,162 | €7,006 | +€5,844 | +503% |
| Profit (loss) for the period before taxes | 9903 | €85,075 | €111,664 | +€26,588 | +31.3% |
| Income taxes | 67/77 | €18,395 | €30,156 | +€11,762 | +63.9% |
| Profit (loss) for the period | 9904 | €66,681 | €81,507 | +€14,827 | +22.2% |
| Profit (loss) for the period to be appropriated | 9905 | €66,681 | €81,507 | +€14,827 | +22.2% |
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 20 October 2026 via checked.be.