MESTURA: 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.
MESTURA
Largest movements
- Stocks and contracts +€4,210
up €4,210 (+25.0%), from €16,810 to €21,020
- Tangible fixed assets -€1,556
no longer reported in 2025 (was €1,556)
- Receivables within one year -€1,445
down €1,445 (-42.6%), from €3,395 to €1,949
- Cash -€1,062
down €1,062 (-43.3%), from €2,451 to €1,389
mainly Net result for the year (-€10,424) and Stocks and contracts (-€4,210)
- Profit (loss) carried forward -€10,424
down €10,424 (-46.4%), from -€22,455 to -€32,879
- Trade debts +€4,496
up €4,496 (+95.0%), from €4,735 to €9,230
- Other debts +€4,130
up €4,130 (+51.5%), from €8,019 to €12,149
- Tax, wage and social debts +€1,946
up €1,946 (+12.7%), from €15,313 to €17,259
of which Remuneration and social security: +€3,134
- Gross operating margin -€8,133
down €8,133, from €364 to -€7,770
- Depreciation +€1,556
new in 2025: €1,556
- Other operating charges +€685
up €685 (+243%), from €282 to €968
- Taxes -€554
no longer reported in 2025 (was €554)
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 | €24,212 | €24,359 | +€147 | +0.6% |
| Fixed assets | 21/28 | €1,556 | - | -€1,556 | |
| Tangible fixed assets | 22/27 | €1,556 | - | -€1,556 | |
| Furniture and vehicles | 24 | €1,556 | - | -€1,556 | |
| Current assets | 29/58 | €22,656 | €24,359 | +€1,703 | +7.5% |
| Stocks and contracts in progress | 3 | €16,810 | €21,020 | +€4,210 | +25.0% |
| Stocks | 30/36 | €16,810 | €21,020 | +€4,210 | +25.0% |
| Amounts receivable within one year | 40/41 | €3,395 | €1,949 | -€1,445 | -42.6% |
| Other amounts receivable | 41 | €3,395 | €1,949 | -€1,445 | -42.6% |
| Cash at bank and in hand | 54/58 | €2,451 | €1,389 | -€1,062 | -43.3% |
| Total equity and liabilities | 10/49 | €24,212 | €24,359 | +€147 | +0.6% |
| Equity | 10/15 | -€3,855 | -€14,279 | -€10,424 | -270% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,455 | -€32,879 | -€10,424 | -46.4% |
| Amounts payable | 17/49 | €28,067 | €38,638 | +€10,571 | +37.7% |
| Amounts payable within one year | 42/48 | €28,067 | €38,638 | +€10,571 | +37.7% |
| Trade debts | 44 | €4,735 | €9,230 | +€4,496 | +95.0% |
| Suppliers | 440/4 | €4,735 | €9,230 | +€4,496 | +95.0% |
| Taxes, remuneration and social security | 45 | €15,313 | €17,259 | +€1,946 | +12.7% |
| Taxes | 450/3 | €1,189 | - | -€1,189 | |
| Remuneration and social security | 454/9 | €14,124 | €17,259 | +€3,134 | +22.2% |
| Other amounts payable | 47/48 | €8,019 | €12,149 | +€4,130 | +51.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,556 | +€1,556 | |
| Other operating charges | 640/8 | €282 | €968 | +€685 | +243% |
| Gross operating margin | 9900 | €364 | -€7,770 | -€8,133 | |
| Operating profit (loss) | 9901 | €81 | -€10,293 | -€10,374 | |
| Financial charges | 65/66B | €139 | €131 | -€8 | -5.9% |
| Recurring financial charges | 65 | €139 | €131 | -€8 | -5.9% |
| Profit (loss) for the period before taxes | 9903 | -€58 | -€10,424 | -€10,366 | -17,854% |
| Income taxes | 67/77 | €554 | - | -€554 | |
| Profit (loss) for the period | 9904 | -€612 | -€10,424 | -€9,812 | -1,603% |
| Profit (loss) for the period to be appropriated | 9905 | -€612 | -€10,424 | -€9,812 | -1,603% |
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.