MESA VERDE: 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 VERDE
Largest movements
- Tangible fixed assets -€29,296
down €29,296 (-16.3%), from €179,732 to €150,436
of which Plant, machinery and equipment: -€15,753
- Deferred charges and accrued income -€16,339
down €16,339 (-94.1%), from €17,362 to €1,023
- Profit (loss) carried forward -€62,430
down €62,430 (-69.0%), from -€90,463 to -€152,893
- Other debts +€17,135
up €17,135 (+13.2%), from €129,831 to €146,966
- Financial charges +€32,603
up €32,603 (+741%), from €4,401 to €37,004
- Gross operating margin -€7,286
down €7,286 (-19.2%), from €37,885 to €30,599
- Depreciation -€3,447
down €3,447 (-10.5%), from €32,743 to €29,296
- Other operating charges +€2,948
up €2,948 (+12.4%), from €23,783 to €26,731
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 | €743,135 | €691,349 | -€51,786 | -7.0% |
| Fixed assets | 21/28 | €180,292 | €150,997 | -€29,296 | -16.2% |
| Tangible fixed assets | 22/27 | €179,732 | €150,436 | -€29,296 | -16.3% |
| Land and buildings | 22 | €94,716 | €82,962 | -€11,754 | -12.4% |
| Plant, machinery and equipment | 23 | €80,362 | €64,609 | -€15,753 | -19.6% |
| Furniture and vehicles | 24 | €0 | €0 | = | 0.0% |
| Other tangible fixed assets | 26 | €4,654 | €2,865 | -€1,789 | -38.4% |
| Financial fixed assets | 28 | €561 | €561 | = | 0.0% |
| Current assets | 29/58 | €562,843 | €540,353 | -€22,490 | -4.0% |
| Stocks and contracts in progress | 3 | €525,073 | €525,073 | = | 0.0% |
| Stocks | 30/36 | €525,073 | €525,073 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €15,149 | €12,460 | -€2,688 | -17.7% |
| Trade receivables | 40 | €13,719 | €11,279 | -€2,440 | -17.8% |
| Other amounts receivable | 41 | €1,429 | €1,181 | -€248 | -17.4% |
| Cash at bank and in hand | 54/58 | €5,259 | €1,796 | -€3,463 | -65.8% |
| Deferred charges and accrued income | 490/1 | €17,362 | €1,023 | -€16,339 | -94.1% |
| Total equity and liabilities | 10/49 | €743,135 | €691,349 | -€51,786 | -7.0% |
| Equity | 10/15 | €129,310 | €66,880 | -€62,430 | -48.3% |
| Contributions | 10/11 | €55,197 | €55,197 | = | 0.0% |
| Revaluation surpluses | 12 | €70,000 | €70,000 | = | 0.0% |
| Reserves | 13 | €94,575 | €94,575 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,575 | €4,575 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,575 | €4,575 | = | 0.0% |
| Distributable reserves | 133 | €90,000 | €90,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€90,463 | -€152,893 | -€62,430 | -69.0% |
| Amounts payable | 17/49 | €613,825 | €624,470 | +€10,644 | +1.7% |
| Amounts payable within one year | 42/48 | €613,540 | €624,185 | +€10,644 | +1.7% |
| Financial debts | 43 | €473,003 | €473,003 | = | 0.0% |
| Credit institutions | 430/8 | €473,003 | €473,003 | = | 0.0% |
| Trade debts | 44 | €10,437 | €3,742 | -€6,695 | -64.1% |
| Suppliers | 440/4 | €10,437 | €3,742 | -€6,695 | -64.1% |
| Taxes, remuneration and social security | 45 | €269 | €473 | +€204 | +75.8% |
| Taxes | 450/3 | €269 | €473 | +€204 | +75.8% |
| Other amounts payable | 47/48 | €129,831 | €146,966 | +€17,135 | +13.2% |
| Accrued charges and deferred income | 492/3 | €285 | €285 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,743 | €29,296 | -€3,447 | -10.5% |
| Other operating charges | 640/8 | €23,783 | €26,731 | +€2,948 | +12.4% |
| Gross operating margin | 9900 | €37,885 | €30,599 | -€7,286 | -19.2% |
| Operating profit (loss) | 9901 | -€18,640 | -€25,427 | -€6,787 | -36.4% |
| Financial income | 75/76B | €53 | €0 | -€53 | -99.1% |
| Recurring financial income | 75 | €53 | €0 | -€53 | -99.1% |
| Financial charges | 65/66B | €4,401 | €37,004 | +€32,603 | +741% |
| Recurring financial charges | 65 | €4,401 | €37,004 | +€32,603 | +741% |
| Profit (loss) for the period before taxes | 9903 | -€22,987 | -€62,430 | -€39,443 | -172% |
| Income taxes | 67/77 | €269 | - | -€269 | |
| Profit (loss) for the period | 9904 | -€23,257 | -€62,430 | -€39,174 | -168% |
| Profit (loss) for the period to be appropriated | 9905 | -€23,257 | -€62,430 | -€39,174 | -168% |
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 22 October 2026 via checked.be.