MESKENS - COOL EXPORT: what changed
Two fiscal 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 EXPORT
Largest movements
- Tangible fixed assets +€175,677
up €175,677 (+28.9%), from €608,296 to €783,973
- Current investments -€75,000
down €75,000 (-100.0%), from €75,000 to €0
- Cash -€24,712
down €24,712 (-65.4%), from €37,780 to €13,067
mainly Investment in fixed assets (net) (-€239,517) and Tax, wage and social debts (-€6,213)
- Receivables within one year -€12,638
down €12,638 (-22.7%), from €55,572 to €42,933
of which Trade receivables: -€8,489
- Other debts +€61,463
up €61,463 (+85.2%), from €72,159 to €133,622
- Current portion of long-term debt +€10,129
up €10,129 (+34.8%), from €29,112 to €39,242
- Depreciation +€28,154
up €28,154 (+78.9%), from €35,686 to €63,840
- Taxes -€7,973
down €7,973 (-86.3%), from €9,240 to €1,268
- Gross operating margin +€4,929
up €4,929 (+6.6%), from €74,921 to €79,850
- Financial charges +€1,758
up €1,758 (+28.9%), from €6,074 to €7,833
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.
Cash bridge derived
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 | €916,712 | €981,109 | +€64,397 | +7.0% |
| Fixed assets | 21/28 | €748,361 | €924,037 | +€175,677 | +23.5% |
| Tangible fixed assets | 22/27 | €608,296 | €783,973 | +€175,677 | +28.9% |
| Land and buildings | 22 | €608,296 | €783,973 | +€175,677 | +28.9% |
| Financial fixed assets | 28 | €140,064 | €140,064 | = | 0.0% |
| Current assets | 29/58 | €168,352 | €57,072 | -€111,279 | -66.1% |
| Amounts receivable within one year | 40/41 | €55,572 | €42,933 | -€12,638 | -22.7% |
| Trade receivables | 40 | €41,108 | €32,619 | -€8,489 | -20.7% |
| Other amounts receivable | 41 | €14,464 | €10,315 | -€4,149 | -28.7% |
| Current investments | 50/53 | €75,000 | €0 | -€75,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €37,780 | €13,067 | -€24,712 | -65.4% |
| Deferred charges and accrued income | 490/1 | - | €1,071 | +€1,071 | |
| Total equity and liabilities | 10/49 | €916,712 | €981,109 | +€64,397 | +7.0% |
| Equity | 10/15 | €475,826 | €477,650 | +€1,824 | +0.4% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Capital | 10 | €75,000 | €75,000 | = | 0.0% |
| Issued capital | 100 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €400,826 | €402,650 | +€1,824 | +0.5% |
| Non-distributable reserves | 130/1 | €7,500 | €7,500 | = | 0.0% |
| Legal reserve | 130 | €7,500 | €7,500 | = | 0.0% |
| Distributable reserves | 133 | €393,326 | €395,150 | +€1,824 | +0.5% |
| Amounts payable | 17/49 | €440,886 | €503,459 | +€62,573 | +14.2% |
| Amounts payable after more than one year | 17 | €293,622 | €289,684 | -€3,938 | -1.3% |
| Financial debts | 170/4 | €293,622 | €289,684 | -€3,938 | -1.3% |
| Amounts payable within one year | 42/48 | €147,264 | €213,776 | +€66,511 | +45.2% |
| Current portion of amounts payable after more than one year | 42 | €29,112 | €39,242 | +€10,129 | +34.8% |
| Trade debts | 44 | €39,192 | €40,324 | +€1,132 | +2.9% |
| Suppliers | 440/4 | €39,192 | €40,324 | +€1,132 | +2.9% |
| Taxes, remuneration and social security | 45 | €6,801 | €588 | -€6,213 | -91.3% |
| Taxes | 450/3 | €6,801 | €588 | -€6,213 | -91.3% |
| Other amounts payable | 47/48 | €72,159 | €133,622 | +€61,463 | +85.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,686 | €63,840 | +€28,154 | +78.9% |
| Other operating charges | 640/8 | €6,973 | €6,282 | -€690 | -9.9% |
| Gross operating margin | 9900 | €74,921 | €79,850 | +€4,929 | +6.6% |
| Operating profit (loss) | 9901 | €32,262 | €9,727 | -€22,534 | -69.8% |
| Financial income | 75/76B | €1,164 | €1,197 | +€33 | +2.8% |
| Recurring financial income | 75 | €1,164 | €1,197 | +€33 | +2.8% |
| Financial charges | 65/66B | €6,074 | €7,833 | +€1,758 | +28.9% |
| Recurring financial charges | 65 | €6,074 | €7,833 | +€1,758 | +28.9% |
| Profit (loss) for the period before taxes | 9903 | €27,351 | €3,092 | -€24,260 | -88.7% |
| Income taxes | 67/77 | €9,240 | €1,268 | -€7,973 | -86.3% |
| Profit (loss) for the period | 9904 | €18,111 | €1,824 | -€16,287 | -89.9% |
| Profit (loss) for the period to be appropriated | 9905 | €18,111 | €1,824 | -€16,287 | -89.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.