MESMANS-GODTS: 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.
MESMANS-GODTS
Largest movements
- Receivables within one year -€10,716
down €10,716 (-29.2%), from €36,743 to €26,028
- Cash -€5,551
down €5,551 (-33.8%), from €16,405 to €10,855
mainly Current portion of long-term debt (-€7,326) and Stocks and contracts (-€4,964)
- Stocks and contracts +€4,964
new in 2025: €4,964
- Tangible fixed assets -€1,770
down €1,770 (-27.2%), from €6,511 to €4,741
of which Furniture and vehicles: -€2,667
- Intangible fixed assets -€843
down €843 (-11.2%), from €7,517 to €6,674
- Current portion of long-term debt -€7,326
down €7,326 (-64.3%), from €11,395 to €4,068
- Trade debts +€4,992
up €4,992 (+134%), from €3,721 to €8,713
- Short-term financial debts -€4,807
down €4,807 (-48.1%), from €10,000 to €5,193
- Debts after one year -€4,068
no longer reported in 2025 (was €4,068)
- Tax, wage and social debts -€2,941
down €2,941 (-29.3%), from €10,022 to €7,081
- Gross operating margin -€41,708
down €41,708 (-84.4%), from €49,404 to €7,696
- Taxes -€11,178
down €11,178 (-93.9%), from €11,903 to €725
- Other operating charges -€581
down €581 (-26.7%), from €2,180 to €1,599
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 | €69,287 | €55,336 | -€13,951 | -20.1% |
| Fixed assets | 21/28 | €14,028 | €11,415 | -€2,613 | -18.6% |
| Intangible fixed assets | 21 | €7,517 | €6,674 | -€843 | -11.2% |
| Tangible fixed assets | 22/27 | €6,511 | €4,741 | -€1,770 | -27.2% |
| Plant, machinery and equipment | 23 | €1,400 | €1,243 | -€157 | -11.2% |
| Furniture and vehicles | 24 | €5,111 | €2,444 | -€2,667 | -52.2% |
| Other tangible fixed assets | 26 | - | €1,054 | +€1,054 | |
| Current assets | 29/58 | €55,259 | €43,921 | -€11,338 | -20.5% |
| Stocks and contracts in progress | 3 | - | €4,964 | +€4,964 | |
| Stocks | 30/36 | - | €4,964 | +€4,964 | |
| Amounts receivable within one year | 40/41 | €36,743 | €26,028 | -€10,716 | -29.2% |
| Other amounts receivable | 41 | €36,743 | €26,028 | -€10,716 | -29.2% |
| Cash at bank and in hand | 54/58 | €16,405 | €10,855 | -€5,551 | -33.8% |
| Deferred charges and accrued income | 490/1 | €2,110 | €2,074 | -€36 | -1.7% |
| Total equity and liabilities | 10/49 | €69,287 | €55,336 | -€13,951 | -20.1% |
| Equity | 10/15 | €30,080 | €30,280 | +€200 | +0.7% |
| Contributions | 10/11 | €450 | €450 | = | 0.0% |
| Contributions outside capital | 11 | €450 | - | -€450 | |
| Share premium | 1100/10 | €450 | - | -€450 | |
| Reserves | 13 | €29,630 | €29,830 | +€200 | +0.7% |
| Distributable reserves | 133 | €29,630 | €29,830 | +€200 | +0.7% |
| Amounts payable | 17/49 | €39,207 | €25,056 | -€14,151 | -36.1% |
| Amounts payable after more than one year | 17 | €4,068 | - | -€4,068 | |
| Financial debts | 170/4 | €4,068 | - | -€4,068 | |
| Amounts payable within one year | 42/48 | €35,138 | €25,056 | -€10,082 | -28.7% |
| Current portion of amounts payable after more than one year | 42 | €11,395 | €4,068 | -€7,326 | -64.3% |
| Financial debts | 43 | €10,000 | €5,193 | -€4,807 | -48.1% |
| Credit institutions | 430/8 | €10,000 | €5,193 | -€4,807 | -48.1% |
| Trade debts | 44 | €3,721 | €8,713 | +€4,992 | +134% |
| Suppliers | 440/4 | €3,721 | €8,713 | +€4,992 | +134% |
| Taxes, remuneration and social security | 45 | €10,022 | €7,081 | -€2,941 | -29.3% |
| Taxes | 450/3 | €10,022 | €7,081 | -€2,941 | -29.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,972 | €3,756 | -€217 | -5.5% |
| Other operating charges | 640/8 | €2,180 | €1,599 | -€581 | -26.7% |
| Gross operating margin | 9900 | €49,404 | €7,696 | -€41,708 | -84.4% |
| Operating profit (loss) | 9901 | €43,251 | €2,341 | -€40,910 | -94.6% |
| Financial income | 75/76B | €42 | €2 | -€40 | -95.3% |
| Recurring financial income | 75 | €42 | €2 | -€40 | -95.3% |
| Financial charges | 65/66B | €1,760 | €1,418 | -€342 | -19.4% |
| Recurring financial charges | 65 | €1,760 | €1,418 | -€342 | -19.4% |
| Profit (loss) for the period before taxes | 9903 | €41,533 | €925 | -€40,608 | -97.8% |
| Income taxes | 67/77 | €11,903 | €725 | -€11,178 | -93.9% |
| Profit (loss) for the period | 9904 | €29,630 | €200 | -€29,430 | -99.3% |
| Profit (loss) for the period to be appropriated | 9905 | €29,630 | €200 | -€29,430 | -99.3% |
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 31 October 2026 via checked.be.