MESKA: 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.
MESKA
Largest movements
- Cash -€9,698
down €9,698 (-44.6%), from €21,766 to €12,068
mainly Net result for the year (-€12,122) and Current portion of long-term debt (-€3,493)
- Stocks and contracts +€3,070
up €3,070 (+11.7%), from €26,230 to €29,300
- Tangible fixed assets -€2,682
down €2,682 (-16.3%), from €16,488 to €13,806
of which Other tangible fixed assets: -€2,788
- Profit (loss) carried forward -€12,122
down €12,122 (-47.1%), from -€25,737 to -€37,859
- Other debts +€4,586
up €4,586 (+9.5%), from €48,191 to €52,776
- Current portion of long-term debt -€3,493
no longer reported in 2025 (was €3,493)
- Trade debts +€2,653
up €2,653 (+67.7%), from €3,921 to €6,574
- Tax, wage and social debts -€933
down €933 (-7.7%), from €12,174 to €11,240
of which Taxes: -€2,127
- Gross operating margin -€9,645
down €9,645 (-47.7%), from €20,238 to €10,592
- Staff costs +€1,533
up €1,533 (+9.5%), from €16,087 to €17,620
- Financial income -€729
down €729 (-80.8%), from €902 to €173
- Other operating charges +€260
up €260 (+96.9%), from €268 to €528
- Depreciation +€210
up €210 (+6.8%), from €3,102 to €3,312
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 | €64,484 | €55,174 | -€9,310 | -14.4% |
| Fixed assets | 21/28 | €16,488 | €13,806 | -€2,682 | -16.3% |
| Tangible fixed assets | 22/27 | €16,488 | €13,806 | -€2,682 | -16.3% |
| Plant, machinery and equipment | 23 | €540 | €646 | +€106 | +19.6% |
| Other tangible fixed assets | 26 | €15,948 | €13,160 | -€2,788 | -17.5% |
| Current assets | 29/58 | €47,996 | €41,368 | -€6,628 | -13.8% |
| Stocks and contracts in progress | 3 | €26,230 | €29,300 | +€3,070 | +11.7% |
| Stocks | 30/36 | €26,230 | €29,300 | +€3,070 | +11.7% |
| Cash at bank and in hand | 54/58 | €21,766 | €12,068 | -€9,698 | -44.6% |
| Total equity and liabilities | 10/49 | €64,484 | €55,174 | -€9,310 | -14.4% |
| Equity | 10/15 | -€3,295 | -€15,416 | -€12,122 | -368% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €12,442 | €12,442 | = | 0.0% |
| Distributable reserves | 133 | €12,442 | €12,442 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€25,737 | -€37,859 | -€12,122 | -47.1% |
| Amounts payable | 17/49 | €67,779 | €70,591 | +€2,812 | +4.1% |
| Amounts payable within one year | 42/48 | €67,779 | €70,591 | +€2,812 | +4.1% |
| Current portion of amounts payable after more than one year | 42 | €3,493 | - | -€3,493 | |
| Trade debts | 44 | €3,921 | €6,574 | +€2,653 | +67.7% |
| Suppliers | 440/4 | €3,921 | €6,574 | +€2,653 | +67.7% |
| Taxes, remuneration and social security | 45 | €12,174 | €11,240 | -€933 | -7.7% |
| Taxes | 450/3 | €10,914 | €8,787 | -€2,127 | -19.5% |
| Remuneration and social security | 454/9 | €1,259 | €2,454 | +€1,194 | +94.8% |
| Other amounts payable | 47/48 | €48,191 | €52,776 | +€4,586 | +9.5% |
| Remuneration, social security and pensions | 62 | €16,087 | €17,620 | +€1,533 | +9.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,102 | €3,312 | +€210 | +6.8% |
| Other operating charges | 640/8 | €268 | €528 | +€260 | +96.9% |
| Gross operating margin | 9900 | €20,238 | €10,592 | -€9,645 | -47.7% |
| Operating profit (loss) | 9901 | €781 | -€10,868 | -€11,648 | |
| Financial income | 75/76B | €902 | €173 | -€729 | -80.8% |
| Recurring financial income | 75 | €902 | €173 | -€729 | -80.8% |
| Financial charges | 65/66B | €1,570 | €1,415 | -€155 | -9.9% |
| Recurring financial charges | 65 | €1,570 | €1,415 | -€155 | -9.9% |
| Profit (loss) for the period before taxes | 9903 | €113 | -€12,110 | -€12,222 | |
| Income taxes | 67/77 | - | €12 | +€12 | |
| Profit (loss) for the period | 9904 | €113 | -€12,122 | -€12,234 | |
| Profit (loss) for the period to be appropriated | 9905 | €113 | -€12,122 | -€12,234 |
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 25 October 2026 via checked.be.