MESKENS WIM: 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 WIM
Largest movements
- Tangible fixed assets -€43,870
down €43,870 (-16.0%), from €274,633 to €230,762
of which Leasing and similar rights: -€26,400
- Cash -€26,492
down €26,492 (-19.2%), from €138,251 to €111,759
mainly Debts after one year (-€23,152) and Receivables within one year (-€22,428)
- Receivables within one year +€22,428
up €22,428 (+20.2%), from €111,243 to €133,671
of which Other amounts receivable: +€12,033
- Debts after one year -€23,152
down €23,152 (-62.0%), from €37,343 to €14,191
- Reserves +€21,342
up €21,342 (+7.3%), from €293,996 to €315,337
of which Distributable reserves: +€40,201
- Other debts -€17,886
no longer reported in 2025 (was €17,886)
- Trade debts -€14,745
down €14,745 (-48.7%), from €30,247 to €15,502
- Tax, wage and social debts -€7,619
down €7,619 (-16.5%), from €46,251 to €38,632
of which Taxes: -€10,363
- Gross operating margin +€63,502
up €63,502 (+19.8%), from €320,607 to €384,109
- Staff costs +€28,765
up €28,765 (+13.7%), from €209,324 to €238,089
- Other operating charges +€11,042
up €11,042 (+21.8%), from €50,717 to €61,759
- Taxes +€7,371
up €7,371 (+58.4%), from €12,617 to €19,987
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 | €540,957 | €493,921 | -€47,037 | -8.7% |
| Fixed assets | 21/28 | €291,130 | €247,259 | -€43,870 | -15.1% |
| Tangible fixed assets | 22/27 | €274,633 | €230,762 | -€43,870 | -16.0% |
| Land and buildings | 22 | €177,676 | €167,722 | -€9,954 | -5.6% |
| Plant, machinery and equipment | 23 | €5,433 | €4,891 | -€542 | -10.0% |
| Furniture and vehicles | 24 | €26,790 | €19,815 | -€6,974 | -26.0% |
| Leasing and similar rights | 25 | €64,734 | €38,334 | -€26,400 | -40.8% |
| Financial fixed assets | 28 | €16,497 | €16,497 | = | 0.0% |
| Current assets | 29/58 | €249,828 | €246,661 | -€3,166 | -1.3% |
| Amounts receivable within one year | 40/41 | €111,243 | €133,671 | +€22,428 | +20.2% |
| Trade receivables | 40 | €111,243 | €121,638 | +€10,395 | +9.3% |
| Other amounts receivable | 41 | - | €12,033 | +€12,033 | |
| Cash at bank and in hand | 54/58 | €138,251 | €111,759 | -€26,492 | -19.2% |
| Deferred charges and accrued income | 490/1 | €334 | €1,231 | +€897 | +269% |
| Total equity and liabilities | 10/49 | €540,957 | €493,921 | -€47,037 | -8.7% |
| Equity | 10/15 | €348,232 | €369,574 | +€21,342 | +6.1% |
| Contributions | 10/11 | €12,401 | €12,401 | = | 0.0% |
| Reserves | 13 | €293,996 | €315,337 | +€21,342 | +7.3% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €117,467 | €98,608 | -€18,859 | -16.1% |
| Distributable reserves | 133 | €174,669 | €214,870 | +€40,201 | +23.0% |
| Profit (loss) carried forward | 14 | €41,836 | €41,836 | = | 0.0% |
| Provisions and deferred taxes | 16 | €39,156 | €32,869 | -€6,286 | -16.1% |
| Deferred taxes | 168 | €39,156 | €32,869 | -€6,286 | -16.1% |
| Amounts payable | 17/49 | €153,569 | €91,477 | -€62,092 | -40.4% |
| Amounts payable after more than one year | 17 | €37,343 | €14,191 | -€23,152 | -62.0% |
| Financial debts | 170/4 | €37,343 | €14,191 | -€23,152 | -62.0% |
| Amounts payable within one year | 42/48 | €116,226 | €77,286 | -€38,940 | -33.5% |
| Current portion of amounts payable after more than one year | 42 | €21,842 | €23,152 | +€1,310 | +6.0% |
| Trade debts | 44 | €30,247 | €15,502 | -€14,745 | -48.7% |
| Suppliers | 440/4 | €30,247 | €15,502 | -€14,745 | -48.7% |
| Taxes, remuneration and social security | 45 | €46,251 | €38,632 | -€7,619 | -16.5% |
| Taxes | 450/3 | €27,485 | €17,122 | -€10,363 | -37.7% |
| Remuneration and social security | 454/9 | €18,766 | €21,510 | +€2,744 | +14.6% |
| Other amounts payable | 47/48 | €17,886 | - | -€17,886 | |
| Remuneration, social security and pensions | 62 | €209,324 | €238,089 | +€28,765 | +13.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,042 | €43,870 | -€171 | -0.4% |
| Other operating charges | 640/8 | €50,717 | €61,759 | +€11,042 | +21.8% |
| Gross operating margin | 9900 | €320,607 | €384,109 | +€63,502 | +19.8% |
| Operating profit (loss) | 9901 | €16,524 | €40,391 | +€23,867 | +144% |
| Financial income | 75/76B | €10 | €432 | +€422 | +4,222% |
| Recurring financial income | 75 | €10 | €432 | +€422 | +4,222% |
| Financial charges | 65/66B | €5,382 | €5,780 | +€399 | +7.4% |
| Recurring financial charges | 65 | €5,382 | €5,780 | +€399 | +7.4% |
| Profit (loss) for the period before taxes | 9903 | €11,153 | €35,043 | +€23,890 | +214% |
| Transfer from deferred taxes | 780 | €6,286 | €6,286 | = | 0.0% |
| Income taxes | 67/77 | €12,617 | €19,987 | +€7,371 | +58.4% |
| Profit (loss) for the period | 9904 | €4,823 | €21,342 | +€16,519 | +343% |
| Transfer from tax-exempt reserves | 789 | €18,859 | €18,859 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €23,682 | €40,201 | +€16,519 | +69.8% |
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 1 November 2026 via checked.be.