Meskens-Staels & Co: what changed
Meskens-Staels & Co
Largest movements
- Receivables within one year +€141,196
up €141,196 (+152%), from €93,095 to €234,291
of which Trade receivables: +€145,625
- Cash -€11,544
down €11,544 (-28.7%), from €40,222 to €28,678
mainly Receivables within one year (-€141,196) and Contributions, distributions and other (-€62,000)
- Stocks and contracts +€9,468
up €9,468 (+32.7%), from €28,947 to €38,415
- Tangible fixed assets -€7,470
down €7,470 (-83.0%), from €9,002 to €1,532
- Trade debts +€92,699
up €92,699 (+299%), from €31,006 to €123,705
- Tax, wage and social debts +€28,120
up €28,120 (+133%), from €21,147 to €49,266
- Other debts +€17,000
up €17,000 (+37.8%), from €45,000 to €62,000
- Current portion of long-term debt -€4,919
down €4,919 (-74.7%), from €6,581 to €1,662
- Gross operating margin +€61,839
up €61,839 (+82.2%), from €75,243 to €137,083
- Write-downs +€38,415
new in 2026: €38,415
- Taxes +€6,535
up €6,535 (+31.4%), from €20,818 to €27,354
- Financial charges +€1,538
up €1,538 (+69.5%), from €2,213 to €3,750
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €175,194 | €307,025 | +€131,831 | +75.2% |
| Fixed assets | 21/28 | €12,152 | €4,682 | -€7,470 | -61.5% |
| Tangible fixed assets | 22/27 | €9,002 | €1,532 | -€7,470 | -83.0% |
| Furniture and vehicles | 24 | €9,002 | €1,532 | -€7,470 | -83.0% |
| Financial fixed assets | 28 | €3,150 | €3,150 | = | 0.0% |
| Current assets | 29/58 | €163,042 | €302,343 | +€139,301 | +85.4% |
| Stocks and contracts in progress | 3 | €28,947 | €38,415 | +€9,468 | +32.7% |
| Stocks | 30/36 | €28,947 | €38,415 | +€9,468 | +32.7% |
| Amounts receivable within one year | 40/41 | €93,095 | €234,291 | +€141,196 | +152% |
| Trade receivables | 40 | €45,193 | €190,818 | +€145,625 | +322% |
| Other amounts receivable | 41 | €47,902 | €43,473 | -€4,429 | -9.2% |
| Cash at bank and in hand | 54/58 | €40,222 | €28,678 | -€11,544 | -28.7% |
| Deferred charges and accrued income | 490/1 | €777 | €958 | +€181 | +23.3% |
| Total equity and liabilities | 10/49 | €175,194 | €307,025 | +€131,831 | +75.2% |
| Equity | 10/15 | €69,799 | €70,392 | +€593 | +0.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €42,948 | €42,948 | = | 0.0% |
| Distributable reserves | 133 | €42,948 | €42,948 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,259 | €8,852 | +€593 | +7.2% |
| Amounts payable | 17/49 | €105,395 | €236,633 | +€131,238 | +125% |
| Amounts payable after more than one year | 17 | €1,662 | - | -€1,662 | |
| Financial debts | 170/4 | €1,662 | - | -€1,662 | |
| Amounts payable within one year | 42/48 | €103,733 | €236,633 | +€132,899 | +128% |
| Current portion of amounts payable after more than one year | 42 | €6,581 | €1,662 | -€4,919 | -74.7% |
| Trade debts | 44 | €31,006 | €123,705 | +€92,699 | +299% |
| Suppliers | 440/4 | €31,006 | €123,705 | +€92,699 | +299% |
| Taxes, remuneration and social security | 45 | €21,147 | €49,266 | +€28,120 | +133% |
| Taxes | 450/3 | €21,147 | €49,266 | +€28,120 | +133% |
| Other amounts payable | 47/48 | €45,000 | €62,000 | +€17,000 | +37.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,677 | €7,470 | -€206 | -2.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €38,415 | +€38,415 | |
| Other operating charges | 640/8 | €1,060 | €776 | -€285 | -26.9% |
| Gross operating margin | 9900 | €75,243 | €137,083 | +€61,839 | +82.2% |
| Operating profit (loss) | 9901 | €66,507 | €90,422 | +€23,915 | +36.0% |
| Financial income | 75/76B | €2,224 | €3,276 | +€1,052 | +47.3% |
| Recurring financial income | 75 | €2,224 | €3,276 | +€1,052 | +47.3% |
| Financial charges | 65/66B | €2,213 | €3,750 | +€1,538 | +69.5% |
| Recurring financial charges | 65 | €2,213 | €3,750 | +€1,538 | +69.5% |
| Profit (loss) for the period before taxes | 9903 | €66,518 | €89,947 | +€23,430 | +35.2% |
| Income taxes | 67/77 | €20,818 | €27,354 | +€6,535 | +31.4% |
| Profit (loss) for the period | 9904 | €45,699 | €62,593 | +€16,894 | +37.0% |
| Profit (loss) for the period to be appropriated | 9905 | €45,699 | €62,593 | +€16,894 | +37.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.