MESKENS-COOL: 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.
MESKENS-COOL
Largest movements
- Current investments -€69,118
down €69,118 (-72.4%), from €95,522 to €26,404
- Tangible fixed assets -€25,616
down €25,616 (-9.3%), from €275,444 to €249,829
of which Land and buildings: -€13,112
- Cash +€6,924
up €6,924 (+50.3%), from €13,753 to €20,677
mainly Current investments (+€69,118) and Net result for the year (+€65,925)
- Reserves -€57,815
down €57,815 (-13.3%), from €434,035 to €376,220
- Current portion of long-term debt -€22,644
down €22,644 (-100%), from €22,644 to €0
- Other debts -€5,768
down €5,768 (-12.9%), from €44,802 to €39,033
- Gross operating margin +€54,862
up €54,862 (+77.1%), from €71,178 to €126,040
- Taxes +€17,617
up €17,617 (+131%), from €13,493 to €31,109
- Financial charges +€4,737
up €4,737 (+378%), from €1,254 to €5,992
- Financial income +€2,820
up €2,820 (+32.0%), from €8,826 to €11,646
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 | €548,845 | €464,612 | -€84,233 | -15.3% |
| Fixed assets | 21/28 | €275,844 | €250,229 | -€25,616 | -9.3% |
| Tangible fixed assets | 22/27 | €275,444 | €249,829 | -€25,616 | -9.3% |
| Land and buildings | 22 | €207,909 | €194,797 | -€13,112 | -6.3% |
| Plant, machinery and equipment | 23 | €65,745 | €53,864 | -€11,881 | -18.1% |
| Furniture and vehicles | 24 | €1,791 | €1,168 | -€623 | -34.8% |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €273,001 | €214,384 | -€58,617 | -21.5% |
| Amounts receivable within one year | 40/41 | €160,478 | €162,566 | +€2,088 | +1.3% |
| Trade receivables | 40 | €14,627 | €37,123 | +€22,496 | +154% |
| Other amounts receivable | 41 | €145,851 | €125,442 | -€20,408 | -14.0% |
| Current investments | 50/53 | €95,522 | €26,404 | -€69,118 | -72.4% |
| Cash at bank and in hand | 54/58 | €13,753 | €20,677 | +€6,924 | +50.3% |
| Deferred charges and accrued income | 490/1 | €3,248 | €4,737 | +€1,489 | +45.8% |
| Total equity and liabilities | 10/49 | €548,845 | €464,612 | -€84,233 | -15.3% |
| Equity | 10/15 | €454,035 | €396,220 | -€57,815 | -12.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €434,035 | €376,220 | -€57,815 | -13.3% |
| Distributable reserves | 133 | €434,035 | €376,220 | -€57,815 | -13.3% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €94,810 | €68,393 | -€26,417 | -27.9% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €94,810 | €68,393 | -€26,417 | -27.9% |
| Current portion of amounts payable after more than one year | 42 | €22,644 | €0 | -€22,644 | -100% |
| Financial debts | 43 | €3,376 | €3,333 | -€42 | -1.3% |
| Credit institutions | 430/8 | €3,376 | €3,333 | -€42 | -1.3% |
| Trade debts | 44 | €3,850 | €4,951 | +€1,101 | +28.6% |
| Suppliers | 440/4 | €3,850 | €4,951 | +€1,101 | +28.6% |
| Taxes, remuneration and social security | 45 | €20,138 | €21,075 | +€937 | +4.7% |
| Taxes | 450/3 | €17,656 | €18,577 | +€921 | +5.2% |
| Remuneration and social security | 454/9 | €2,482 | €2,498 | +€16 | +0.6% |
| Other amounts payable | 47/48 | €44,802 | €39,033 | -€5,768 | -12.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,852 | €25,616 | +€763 | +3.1% |
| Other operating charges | 640/8 | €8,341 | €9,046 | +€705 | +8.5% |
| Gross operating margin | 9900 | €71,178 | €126,040 | +€54,862 | +77.1% |
| Operating profit (loss) | 9901 | €37,985 | €91,379 | +€53,393 | +141% |
| Financial income | 75/76B | €8,826 | €11,646 | +€2,820 | +32.0% |
| Recurring financial income | 75 | €8,826 | €11,646 | +€2,820 | +32.0% |
| Financial charges | 65/66B | €1,254 | €5,992 | +€4,737 | +378% |
| Recurring financial charges | 65 | €1,254 | €5,992 | +€4,737 | +378% |
| Profit (loss) for the period before taxes | 9903 | €45,558 | €97,034 | +€51,476 | +113% |
| Income taxes | 67/77 | €13,493 | €31,109 | +€17,617 | +131% |
| Profit (loss) for the period | 9904 | €32,065 | €65,925 | +€33,860 | +106% |
| Profit (loss) for the period to be appropriated | 9905 | €32,065 | €65,925 | +€33,860 | +106% |
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 16 October 2026 via checked.be.