MESARCO PF VANDERMEST: what changed
What changed
MESARCO PF VANDERMEST
NACE 96.301, Funeral services
filed annual accounts (NBB)
Net result for the year
€130,698
2024 · €84,949+€45,748
Equity
€1.2m
2024 · €1.0m+€107,568
Cash
€79,010
2024 · €43,090+€35,920
Balance sheet total
€2.7m
2024 · €2.5m+€168,733
Largest movements
Assets
- Tangible fixed assets +€138,346
up €138,346 (+6.4%), from €2.2m to €2.3m
of which Other tangible fixed assets: +€329,460
- Cash +€35,920
up €35,920 (+83.4%), from €43,090 to €79,010
mainly Depreciation (+€308,051) and Net result for the year (+€130,698)
Equity and liabilities
- Profit (loss) carried forward +€130,698
up €130,698 (+29.0%), from €450,259 to €580,956
- Debts after one year +€128,766
up €128,766 (+17.2%), from €746,915 to €875,680
- Current portion of long-term debt -€117,939
down €117,939 (-27.8%), from €424,540 to €306,601
- Short-term financial debts +€56,384
up €56,384 (+75.4%), from €74,764 to €131,148
Income statement
- Gross operating margin +€69,347
up €69,347 (+10.9%), from €635,492 to €704,839
- Depreciation +€17,366
up €17,366 (+6.0%), from €290,686 to €308,051
- Staff costs +€14,037
up €14,037 (+7.3%), from €192,656 to €206,693
- Financial charges -€13,764
down €13,764 (-25.3%), from €54,441 to €40,677
- Taxes +€7,306
up €7,306 (+35.7%), from €20,468 to €27,774
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€84,949
Gross operating margin
+€69,347
Staff costs
-€14,037
Depreciation
-€17,366
Other operating charges
-€328
Other operating items
-€142
Financial income
+€1,816
Financial charges
+€13,764
Taxes
-€7,306
Result 2025
€130,698
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€438,237
Investment
-€446,397
Financing
+€44,080
Cash 2024
€43,090
From operations (derived)
+€438,237
Net result for the year
+€130,698
Depreciation
+€308,051
Stocks and contracts
+€10,747
Receivables within one year
-€6,528
Deferred charges and accrued income
+€1,314
Provisions
-€7,710
Trade debts
-€3,033
Tax, wage and social debts
+€4,154
Accrued charges and deferred income
+€545
Investment (derived)
-€446,397
Investment in fixed assets (net)
-€446,397
Financing
+€44,080
Debts after one year
+€128,766
Current portion of long-term debt
-€117,939
Short-term financial debts
+€56,384
Contributions, distributions and other
-€23,130
Cash 2025
€79,010
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,527,978 | €2,696,711 | +€168,733 | +6.7% |
| Fixed assets | 21/28 | €2,161,052 | €2,299,398 | +€138,346 | +6.4% |
| Tangible fixed assets | 22/27 | €2,158,946 | €2,297,292 | +€138,346 | +6.4% |
| Land and buildings | 22 | €1,724,385 | €1,577,151 | -€147,234 | -8.5% |
| Plant, machinery and equipment | 23 | €3,643 | €9,249 | +€5,606 | +154% |
| Furniture and vehicles | 24 | €217,880 | €168,395 | -€49,485 | -22.7% |
| Leasing and similar rights | 25 | €0 | - | -€0 | |
| Other tangible fixed assets | 26 | €213,038 | €542,497 | +€329,460 | +155% |
| Financial fixed assets | 28 | €2,106 | €2,106 | = | 0.0% |
| Current assets | 29/58 | €366,926 | €397,312 | +€30,387 | +8.3% |
| Stocks and contracts in progress | 3 | €101,530 | €90,783 | -€10,747 | -10.6% |
| Stocks | 30/36 | €101,530 | €90,783 | -€10,747 | -10.6% |
| Amounts receivable within one year | 40/41 | €213,599 | €220,127 | +€6,528 | +3.1% |
| Trade receivables | 40 | €189,262 | €196,010 | +€6,747 | +3.6% |
| Other amounts receivable | 41 | €24,337 | €24,117 | -€219 | -0.9% |
| Cash at bank and in hand | 54/58 | €43,090 | €79,010 | +€35,920 | +83.4% |
| Deferred charges and accrued income | 490/1 | €8,707 | €7,393 | -€1,314 | -15.1% |
| Total equity and liabilities | 10/49 | €2,527,978 | €2,696,711 | +€168,733 | +6.7% |
| Equity | 10/15 | €1,045,845 | €1,153,413 | +€107,568 | +10.3% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €534,086 | €510,956 | -€23,130 | -4.3% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Tax-exempt reserves | 132 | €260,624 | €237,493 | -€23,130 | -8.9% |
| Distributable reserves | 133 | €267,313 | €267,313 | = | 0.0% |
| Profit (loss) carried forward | 14 | €450,259 | €580,956 | +€130,698 | +29.0% |
| Provisions and deferred taxes | 16 | €55,955 | €48,245 | -€7,710 | -13.8% |
| Deferred taxes | 168 | €55,955 | €48,245 | -€7,710 | -13.8% |
| Amounts payable | 17/49 | €1,426,178 | €1,495,053 | +€68,875 | +4.8% |
| Amounts payable after more than one year | 17 | €746,915 | €875,680 | +€128,766 | +17.2% |
| Financial debts | 170/4 | €746,915 | €875,680 | +€128,766 | +17.2% |
| Amounts payable within one year | 42/48 | €678,698 | €618,263 | -€60,435 | -8.9% |
| Current portion of amounts payable after more than one year | 42 | €424,540 | €306,601 | -€117,939 | -27.8% |
| Financial debts | 43 | €74,764 | €131,148 | +€56,384 | +75.4% |
| Credit institutions | 430/8 | €74,764 | €131,148 | +€56,384 | +75.4% |
| Trade debts | 44 | €107,378 | €104,345 | -€3,033 | -2.8% |
| Suppliers | 440/4 | €107,378 | €104,345 | -€3,033 | -2.8% |
| Taxes, remuneration and social security | 45 | €72,016 | €76,169 | +€4,154 | +5.8% |
| Taxes | 450/3 | €39,131 | €31,337 | -€7,793 | -19.9% |
| Remuneration and social security | 454/9 | €32,885 | €44,832 | +€11,947 | +36.3% |
| Accrued charges and deferred income | 492/3 | €565 | €1,110 | +€545 | +96.3% |
| Non-recurring operating income | 76A | €10,217 | €5,888 | -€4,329 | -42.4% |
| Remuneration, social security and pensions | 62 | €192,656 | €206,693 | +€14,037 | +7.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €290,686 | €308,051 | +€17,366 | +6.0% |
| Other operating charges | 640/8 | €26,859 | €27,186 | +€328 | +1.2% |
| Non-recurring operating charges | 66A | €243 | €385 | +€142 | +58.3% |
| Gross operating margin | 9900 | €635,492 | €704,839 | +€69,347 | +10.9% |
| Operating profit (loss) | 9901 | €125,048 | €162,523 | +€37,475 | +30.0% |
| Financial income | 75/76B | €3,970 | €5,786 | +€1,816 | +45.7% |
| Recurring financial income | 75 | €3,970 | €5,786 | +€1,816 | +45.7% |
| Financial charges | 65/66B | €54,441 | €40,677 | -€13,764 | -25.3% |
| Recurring financial charges | 65 | €54,441 | €40,677 | -€13,764 | -25.3% |
| Profit (loss) for the period before taxes | 9903 | €74,577 | €127,631 | +€53,055 | +71.1% |
| Transfer from deferred taxes | 780 | €30,840 | €30,840 | = | 0.0% |
| Income taxes | 67/77 | €20,468 | €27,774 | +€7,306 | +35.7% |
| Profit (loss) for the period | 9904 | €84,949 | €130,698 | +€45,748 | +53.9% |
| Profit (loss) for the period to be appropriated | 9905 | €84,949 | €130,698 | +€45,748 | +53.9% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.